USDJPY: The pair remains weak and vulnerable to the downside with eyes on its key support located at 112.95 area. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112...
There remains a strong positive impulse of a fundamental nature. If growth continues, the next target is resistance level 65.30 (Fibonacci level 100% correction to decline from the level of 65.30 from June 2015 to the absolute minimums of 2016 near the mark of 27.00...
Collapsing. (By Yann Quelenn) • Bitcoin is now consolidating after recent surge. The technical structure shows a tremendous positive short-term momentum. Hourly support...
Continued consolidation. (By Yann Quelenn) • Crude oil is consolidating after the commodity set up resistance at 57.92 (08/11/2017 high). The commodity is trading at 1-year high. Expected to...
Edging lower. (By Yann Quelenn) • Sil(Byver is heading lower. Hourly support can be found at 16.60 (27/10/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Bullish pressures. (By Yann Quelenn) • Gold is pushing higher. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...
Slight weakness. (By Yann Quelenn) • EUR/CHF is riding downtrend channel. Support is given at 1.1610 (27/10/2017 low). Rising channel suggests further bullish momentum...
Strong downside risk. (By Yann Quelenn) • EUR/GBP lies into a symmetrical triangle. As long as prices are below the resistance at 0.9046 (05/09/2017 high), the short-term technical...
Descending triangle. (By Yann Quelenn) • AUD/USD is ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...
Ready to bounce back (By Yann Quelenn) • USD/CAD continues to decline, but at a slower pace, after the set-up of a resistance at 1.2917 (27/10/2017 low). Hourly support lies at 1.2667...
Increasing selling pressures. (By Yann Quelenn) • USD/CHF is consolidating lower. Yet, the technical structure is still bullish. Yet, the pair has failed to hold consistently above the parity. The...
Ready to bounce back. (By Yann Quelenn) • USD/JPY is riding uptrend channel below former resistance at 114.49 (11/07/2017 high). Hourly support is given at 113.09 (09/10/2017...
Volatility declines. (By Yann Quelenn) • GBP/USD is still holding below 1.32. Support is given at 1.3027 (06/10/2017 low). Resistance area is given around 1.3200. Expected to show further...
Sideways price action. (By Yann Quelenn) • EUR/USD is still biased to the downside despite the current rebound. Hourly resistance is located at 1.1690 (03/11/2017 high). Hourly...
8th of November will remain, at least for a while, the highest level reached by the King of Cryptos, Bitcoin, well above $7800. The news of the cancellation of the second fork was the reason behind this impressive run...
Start Demo Part 2 - 13/11/2017 (5 Ea operate on 1 account) SingUp: https://www.forexmart.com/register?id=WIAYK Trading 9 pairs - spread fix 20 point 5 digit: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY, EURCHF 1. GND Average Price 2. GND Magic Martingale...
EURUSD: With the pair backing off lower prices to close higher the past week, more strength is likely. Resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1...
First, a review of last week’s forecast: - Just this summer, strategists of many large international banks had designated the 2015 and 2016 highs in the zone 1.15-1.16 as momentous for EUR/USD...
