#USDCAD continues to grow to the new highs amid falling oil prices. #Trend #indicators show the growth, and #quotes have already tested the channel line of the current long-term uptrend. Find out more by checking out the Source Link...
After having reached the important support level near 1.49 the downward movement of #GPBUSD slowed. As a result, the trajectory of the pair looks like the formation of the consolidation pattern "triangle". Thus, it is possible that in the near future the #price will leave its borders...
correction expected from these levels that could be a change in trend...
The "black #gold" continues to fall and update lows amid worries about oversupply in the #market. The main factor of pressure for the #oil market is a record high level of oil production in the world with the overall weakness of the global economy. Find out more by checking out the Source Link...
On Monday, Asian #stock #markets were mixed ahead of #Christmas #holidays. Before the end of the year #traders are closing their positions, and therefore the liquidity is falling. The trading week will be short, but the USA will release a number of key #economic #indicators...
GOLD: With the commodity turning back to close on a rejection candle ahead of the 1046.30 level the past week, GOLD faces risk of more strength on price rejection. On the downside, support comes in at the 1050.00 level where a break will turn attention to the 1040.00 level...
By Andrew Barnett In this report... Did you dive in headfirst? The Fed volatility hits 24 hours later. Get ready for 4 rate hikes from the US Fed in 2016. GoldRock Insider Report may seem a little odd this week. In other market news...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Bullish Although the dominant bias on this pair is bullish, it is now seriously threatened. After testing the resistance line at 1...
The Currency Score Difference analysis is the more extensive explanation on the Currency score analysis which was published earlier this weekend. Besides these analyses and the corresponding charts I also provide the Forex ranking and rating list...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
EURUSD: Except the pair sees a reversal of its past week losses, EURUSD remains bearish below 1.1059 zone, representing its Dec 15 2015 low. On the down, support is located at the 1.0800 level and if violated, expect more weakness to occur towards the 1.0750 level...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
USD: The End of an Era. Bullish. We stick to our bullish USD call. Into year end, strength may be focused against lower-yielding currencies such as EUR and GBP, but we believe that USD will emerge to outperform against EM and high beta currencies as well...
First, a few words about the forecast for the previous week: - with regard to EUR/USD, true turned out to be the scenario that was supported by majority of experts and minority of indicators - having spent some time in a sideways channel and then hitting the support zone of 1...
In daily timeframe it is obvious that USDCAD is moving in Mark-up phase (market is rising). Up-trendline is supporting the price (price turned near this line 5 times already). Background is strong...
USDCHF: Having halted its weakness to close higher the past week, USDCHF looks for more strength on recovery. This is coming on the back of its price halt at 0.9786 level on Dec 14 2015. A build up on that strength should call for a run at 0...
Change of sentiment, caused with actions and rhetoric of the Bank of Japan, led to the fast fixing of results on the existing long position in #USDJPY. At the moment, we are back in the #market again. Find out more by checking out the Source Link...
We fixed the result of the long position in #Gold and opened the order to sale. We have already added volume in accordance with #trading #signals. Find out more by checking out the Source Link...
USD JPY, “US Dollar vs Japanese Yen” It looks like Yen his starting a new decline. After finishing the zigzag in the wave X, the price has formed the bearish impulse in the wave (i) and the correction in the form of the flat in the wave (ii...
