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At the H1 chart, after rebounding from the 0/8 level, the pair has started a correction. If later the market breaks the 2/8 level, it may continue moving downwards. In this case, the price may break the -2/8 level and the lines at the chart will be redrawn...
At the H1 chart, the price is moving in the middle. If the pair tests the 4/8 level once again and rebounds from it, the market may start a new descending movement. In this case, the first target for bears will be at the 1/8 level...
At the H1 chart, the price is moving in the middle. If the pair tests the 4/8 level once again and rebounds from it, the market may start a new descending movement. In this case, the first target for bears will be at the 1/8 level...
Emotions! Plain and simple. The underlying reason why almost all traders fail can be found in our emotions and our conditioning. Trading is psychologically difficult. Our emotions can marry us to a trade, making it impossible to let go of a loss...
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was also published this week. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
When looking at the Top 10 in the Monthly Ranking and Rating list we can see that for the coming month the following stronger currencies are well represented for going long: USD(4X) followed by the GBP(2X). The EUR(5X) is the weaker currency followed by the CHF(2X...
Many analysis are considering NZD as the strongest currency for now compare with JPY for example. Anyway, as we see from the chart above - NZD/USD is on bearish condition for far below 100 SMA/200 SMA reversal area, and it seems the bearish trend will be continuing for breaking 0...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capita EUR/USD: The move below last week’s 1.0565 low encourages our bearish view. Our initial downside targets are near 1.0520 and then the 1...
Ben Bernanke and Alan Greenspan absolutely destroyed America - that's a view both great analysts share...
The price is located near 200 period SMA (200 SMA) on the border between the primary bearish and the primary bullish trend on the chart within the following support/resistance levels: 6463 resistance level located between 100 SMA and 200 SMA on the ranging area of the chart, and 5758 support leve...
November was complex and full of surprises for the hedge funds - global stocks started and ended the month off poorly forcing many to load up on short positions. Many prominent asset managers suffered greatly (for example, David Einhorn lost 5.2% in the month and is down 20% for the year...
Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is moving downwards (2), and the price is on D Tenkan-Sen...
The price is on bullish market condition for breaking 123.74 resistance level for the bullish trend to be continuing with 125.85 as the next bullish target...
Oil prices stay on the flat line on Tuesday while USD is slightly down. But it is expected that OPEC will not change production targets during a meeting scheduled on Friday this week. So, traders focus on concerns about global oversupply. By this moment, Brent is around $44.59; WTI is $41.73...
Click here to see previous forecast. EURUSD (15 min. chart): EURUSD (1 hour chart): EURUSD (4 hour chart): EURUSD (Daily chart...
Sellers of #GPBUSD failed to break the support level, which led to take-profits and, as a consequence, the sharp rebound upward. It is recommended to fix the result of the short positions. Find out more by checking out the Source Link...
The direction of the current #trend in #EURUSD remains the same, while the amplitude of the fluctuations continues to decline. Thus, we see all the signs of the reversal graphical pattern "wedge". Find out more by checking out the Source Link...
The worst year for the euro can be even sadder: International Monetary Fund has included the Chinese yuan in the basket of reserve currencies. Now euro zone currency’s weighting in the IMF’s SDR basket will drop to 30.93 percent from 37.4 percent, the organization said yesterday...
