Content courtesy of Tallinex Limited https://www.tallinex.com Here is the market outlook for this week: EURUSD Dominant bias: Bearish Price has fallen 200 pips since September 25 and moved briefly below the support line at 1.1700 before closing above it on Friday...
EURUSD: With the pair extending its weakness other past week, more decline is envisaged. However, we should see a recovery higher in the new week. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level...
We make up a weekly medium-term trade list based on CFTC reports and technical analysis...
First, a review of last week’s forecast: - Recall that we weren’t able to word a more or less specific forecast for EUR/USD last week, as the opinions of the experts were split exactly in half: 50% of them voted for the growth of the pair and 50% for its fall...
USDCHF: With the pair rejecting higher prices to close flat on Friday, more weakness is envisaged in the new week. On the downside, support lies at the 0.9550 level. A turn below here will open the door for more weakness towards the 0.9500 level and then the 0.9450 level...
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GBPUSD: The pair continues to hold on to its downside pressure extending it during Friday trading session. Support lies at the 1.3050 level where a break will turn attention to the 1.3000 level. Further down, support lies at the 1.2950 level...
In recent days, gold prices have been under pressure amid strong US economic data. They strengthened expectations of another increase in interest rates before the end of the year...
Last week: During last week, market went bullish, rising to as high as 113.25. Market was opened on Monday at 112.14, it drops to its minimum price at 111.47 on Mon, 09/25/2017 - 19:00, then it rises to its maximum price at 113...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 6th The EUR/USD pair remains under bearish control so far this session, wobbling in the region of its nearly 2-month lows, marked earlier this morning in the vicinity of 1...
Pivot 0.7145 Our preference Short positions below 0.7145 with targets at 0.7055 & 0.7030 in extension. Alternative scenario...
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Hello traders, Here is a trade plan for high impact news on Friday, October 6,2017 and starting the week Oct. 9, 2017. I prepared Swing trade plan on the actual Support and Resistance, that we expected price will bounces fast at that levels...
Euro bergerak meninggi terhadap Dolar AS memasuki sesi Eropa, Kamis (05/Okt) sore ini. EUR/USD tampak menuju kisaran 1.1773, sebelum turun lagi ke kisaran 1.1769. Level rendah EUR/USD minggu ini berada pada level 1.1695, yang tercapai di awal minggu ini...
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GBPJPY: The cross remains vulnerable to the downside on further weakness as it retains its bearish bias. On the downside, support comes in at the 148.00 level where a violation will aim at the 147.50 level. A break below here will target the 147.00 level followed by the 146.50 level...