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W1 price is above 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bullish market condition with the secondary ranging within the following key support/resistance levels: 2134...
Strong Consumer Demand Needed to Make Case for Interest Rate Hike in December A day ahead of the release of the U.S. retail sales figures six Federal Open Market Committee (FOMC) members delivered speeches that were seen as hawkish, dovish and something in between...
GBPJPY: The cross could be headed lower after failing to break and hold above its resistance at the 187.68 level. This development left the cross printing a rejection candle suggesting further bear pressure. On the downside, support comes in at the 186...
W1 price is isbelow 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition: the price broke 14.71 support level for 14.26 target which is going to be broken for now...
I had mentioned about the possibility of EUR/USD following the upward retracement of gold price. https://www.mql5.com/en/blogs/post/654261. Even though the gold price went below the last week's low, i still haven't closed the BUY orders...
I had mentioned about a retracement in gold price in my recent posts. https://www.mql5.com/en/blogs/post/654260. Even though the gold price went below the last week's low, i still haven't closed the BUY orders...
The price is located to be above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. Price is breaking resistance level at 123.26 from below to above for the bullish breakout with 125.85 as the next bullish target...
Trading recommendations and Technical Analysis – HERE! Speaking at a conference of the Fed, Janet Yellen did not comment on the prospects for the economy or monetary policy in his welcoming speech. However, trading on the US stock market started down...
On Thursday copper prices dropped to the lowest level since July 2009, as the higher odds of increasing borrowing costs in the U.S. and slower global economic growth spurred risk appetite...
Click here to see previous forecasts. EURJPY 15 min. chart EURJPY 1H chart EURJPY 4H chart EURGBP 15 min. chart...
Click here to watch previous forecast. EURUSD (15 min. chart) - forecast checking: GBPUSD (15 min. chart) - forecast checking: GBPUSD (1 hour chart) - forecast checking...
USDCAD: The pair reversed its intra day losses to trigger its trend resumption during Thursday trading session. This price action now leaves USDCAD targeting more bullish offensive towards the 1.3350 level. A break of here will open the door for more strength towards the 1.3400 level...
It was in May 1994 when the U.S. Federal Reserve last increased its borrowing costs when its European counterpart added a stimulus measure. What will happen if the same takes place in December? Some analysts predict euro-dollar parity...
Weekly price is on primary bullish market condition for the ranging within 1.3456 resistance level and 1.2830 support level: The price is located to be far above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bullish condition...
Trading price of gold for a fourth day near the support area at $ 1084-1088 where we are witnessing a decrease in the downward momentum that began in mid-October and boosted by a strong jobs report in the United States who re-shuffle all the cards about the date for lifting US interest rates...
Daily Forecasts Spot Price* Last Update 1 Day 1 Week 1 Month EURUSD 1.0761 12/11/2015 1.0725 1.08 1.08 GBPUSD 1.5224 12/11/2015 1.5210 1.51 1.52 USDJPY 122.89 10/11/2015 122.75 123 123 AUDUSD 0.7139 12/11/2015 0.7115 0.71 0.70 USDCAD 1.3247 11/11/2015 1.3290 1.33...
Central bank divergence materialising Overnight the Aussie has spiked following a big drop in unemployment with the rate falling from 6.2% to 5.9% leading to AUDUSD jumping to 0.7150. The 0...