Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 1.2834 resistance level on monthly timeframe chart for the bullish market condition to be continuing...
EURUSD monthly price is on primary bearish market condition since the end of last year: MN price crossed Senkou Span A line to be turned from bullish to the bearish in September 2014, and this situation for primary downtrend will remain for the rest of 2015 with some secondary ranging market cond...
Tenkan-sen line is located below Kijun-sen line of Ichimoku indicator with 0.7532 support level on monthly timeframe chart for the bearish market condition to be continuing...
2015-05-06 13:15 GMT (or 15:15 MQ MT5 time) | [USD - ADP Non-Farm Employment Change] past data is 175K forecast data is 199K actual data is 169K according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
After enjoying an uninterrupted rally in past few days, Litecoin went back being depressive thanks to a notable buying pressure that occurred at peak: There seems to be a strong bearish bias in the market, explains the technical indicators...
"It is now clear that the analogy of a triangle wave 4 is no longer valid. The possibility that it’s already completed 5- waves from the May high is something to seriously consider...
EUR/USD Forecast May 4-8 YOHAY ELAM | LAST MODIFIED: MAY 1, 2015 15:18 GMT EUR/USD stormed higher, breaking resistance and hardly stopping to breath. Can this impressive rally continue? PMIs are among the important releases in a busy week that will also have one eye on Greece...
D1 price is on primary bearish market condition with secondary ranging between 1.5497 resistance and 1...
“While above 1.0660 the immediate outlook remains bid. Minor support lies at 1.0660 and this guards the 1.0520/1.0457 recent lows.” Commerzbank. "We still believe the gains in the EUR/USD are corrective, but purely technically alone this range breakout can allow for some upside extension. 1...
"There is now a feeling that the Dollar story is over, because any further appreciation will just cause the Fed to shift in an even more dovish direction, delaying 'lift-off' further and further...
H4 price is on primary bullish with secondary ranging market condition located between 16.30 support and 16...
The U.K.’s 1Q Gross Domestic Product (GDP) report may dampen the appeal of the British Pound and undermine the near-term rebound in GBP/USD as the growth rate is expected to increase an annualized 2.6% after expanding 3.0% during the last three-months of 2014...
Goldman Sachs updates its outlook on EURUSD and USDJPY noticing that the latest messages form the ECB and BoJ seem to be 'lost in translation'. The following are the key points in GS' note along with its latest forecasts for EURUSD and USDJPY...
Markets are recovering from Friday's big selloff, with stocks in Europe and the US rallying. West Texas Intermediate crude prices are near year-to-date highs, while gold is falling...
The US Dollar declined against its Canadian counterpart as expected having marked a top with bearish Dark Cloud Cover and Bearish Engulfing candlestick patterns as well as negative RSI divergence. Support is now at 1.1949, the 38.2% Fibonacci retracement, with a break below that exposing the 23...
Tenkan-sen line is located below Kijun-sen line of Ichimoku indicator with 1.0878 resistance level on D1 timeframe for bearish market condition to be continuing Price channel indicator is showing good signal for uptrend on open D1 bar...
2015-04-22 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - CPI] past data is 0.2% forecast data is 0.1% actual data is 0.2% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
The economic outlook if the Fed does not trigger a recession is quite positive and gets better as time goes by. Consumer spending is likely to grow just in pace with the economy. Few consumers are stretching beyond their incomes, and few are withdrawing from spending...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance and 118.32 support levels on W1 timeframe for the uptrend to be continuing...
Tenkan-sen line is above Kijun-sen line of Ichimoku indicator on W1 timeframe with 1.2362 support level to be broken from above to below on open W1 bar within the bullish market condition for possible secondary correction...
