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Trading recommendations and Technical Analysis – HERE! In anticipation of the December fed meeting increasingly on the markets growing confidence in higher interest rates in the US. In response to these growing expectations, the dollar, and declining prices for precious metals, including gold...
Click here to see previous forecast. EURUSD 15 min. chart - forecast checking: EURUSD 1 hour chart - forecast checking: EURUSD 4 hour chart - forecast checking: EURJPY 15 min. chart - forecast checking...
Gold bounced more than $20 an ounce since Wednesday’s multi-year low, but lost ground again on Monday hurt by the strong greenback...
The eurozone PMI report issued today has shown that the regional economy is gaining momentum. The report has signaled that Europe’s factories are lagging behind service sector firms, which is an indicator of the weakness in the global economy, which has left Europe more reliant on domestic demand...
W1 price is on bullish market condition with the secondary correction: the price is located to be above Ichimoku cloud with the local downtrend as the correction within the primary bullish market condition. The key support level at 1...
Dear Traders, The U.S. dollar advanced to new highs against the euro and British pound. The greenback resumed its uptrend in expectation the Fed will hike next month while other central banks are biased to ease. The euro weakened toward a fresh low of 1...
The euro bounced off seven-month lows hit earlier after a string of economic reports showed a mixed picture of the euro zone economy...
On Monday copper prices fell to the lowest level since May 2009, as the possibility of higher interest rates in the U.S., a broadly stronger greenback and slower global economic growth, especially in China, weighed on the the non-ferrous metal market...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0654. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0629. The selling zone starts from this level...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5204. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5169. Selling zone below this level. GBPUSD could be sold at any levels below 1.5169...
New bullish trend in closing bar inside an overbought situation. This could be an opportunity to enter long with first target on R2 ( 0,98450) and second target on R3 (0,99876) New bearish trend in closing bar inside an Oversold situation...
Daily price is on the primary bearish market condition located below Ichimoku cloud and 'reversal' Sinkou Span lines within the following key support/resistance levels: 1.0829 key resistance level, and 1.0461 key support level. The price is trying to break 1...
The upcoming week is expected to be less busy, than the previous one with the U.S. markets closed on Thursday for the Thanksgiving holiday and Friday being a half day. Tokyo is closed Monday for a national holiday...
We do not plan to enter any new positions until we assess the outcome of the Fed’s unscheduled meeting during the NY session. Start your week off on the right foot by reading my currency update below...
MAP OF THE BATTLE: THE VIDEO GAME MARKET: Map of battlefield: It's a funny look at the market. It allows us to look at the market as if it were a video game. It shows the supports and resistances below and above the price (trenches), showing where the bulls and bears are hidden armies...
On Monday the Australian dollar and yen traded weaker, as no important economic data was expected with Tokyo closed for holidays...
Morgan Stanley made a fundamental forecast for EUR/USD related to the price movement - they estimated for this pair to be in ranging bearish in the near future up to the year-end for example: "EUR is likely to remain an underperformer in the current environment...
W1 price is on bullish market condition for the secondary ranging within the following key support/resistance levels: 17.3403 resistance level located far above Ichimoku cloud in the bullish area of the chart, and 16...
As it looks more and more probable for a drastic fall in eurusd price, level 2 set up still shows the possibility of an upward retracement in eurusd price to this month's high. As mentioned in my previous posts, i expect eurusd prices to move in sync with gold prices...
