The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and USD/CHF as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our initial downside targets near 1.1085 would confirm downside traction. Our next targets are towards the 1...
D1 price is below 200 day SMA and 100 day SMA for the primary bearish market condition with the secondary ranging between 87.50 key resistance level and 81...
Current trend The markets are hit by a new wave of uncertainty. Since the beginning of the week, prices of copper are rapidly falling. Copper widely perceived as the general indicator of world economic outlook, and therefore markets now assume the world economy outlook is getting worse...
Expect the eurusd price to go up to 1.124 as a retracement in a downtrend rather than as an uptrend. As mentioned in my previous posts, https://www.mql5.com/en/blogs/post/649802 the downward price movement would be highly volatile and see this upward price movement as a retracement...
EURUSD: With EUR now seen recovering ahead of its key support at the 1.1086 level, some kind of a correction could occur. But as long as that move is capped by the 1.1259/58 zone, its short term weakness triggered from the 1.1459 level remains intact. Support lies at the 1...
Expect a huge downfall in gold price from today. If the gold price crosses yesterday's high, then obviously it will continue to go up. As i had mentioned in my previous posts about the high volatility, see this up ward movement as a retracement in a downtrend rather than an upward trend...
W1 price is located to be above yearly Central Pivot at 114.36 and below R1 Pivot at 127.96: The price is on bullish ranging between pivot level at 114.36 and R1 level at 127.96; If weekly price will break R1 Pivot at 127.96 together with 125...
The Fed’s stimulus policy, which has buoyed the bull market for more than six years, has only served to confuse investors in recent days. Equities have dropped since the central bank’s decision to stand pat amid concern over global growth and financial-market rout...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and USD/CAD. EUR/USD: continues to trade heavy and it is hard to find a reason to fight this. Play the short side, looking to add ahead of 1.1160 with a stop above yesterday's high of 1.1208...
It seems that hopes for the Fed's interest #rate hike are to strong to die after the September meeting. Although many #analysts believe that the U.S. currency is overvalued against the #euro and the #yen. Find out more by checking out the Source Link...
The weakening of Sterling Need Confirmation breakout 1.5310 - In the 4 hours chart, sterling seen moving below the MA 50,100, and 200, plus the MACD is moving down, giving further reduction opportunities. But during the stay above 1...
EURJPY Bearish, to test 132.90 area - EURJPY tend bearish bias for today, especially for the price still stuck below the signal MA 50-100-200 in the 4 hours chart...
GBPJPY bearish, Beware Rebound Due Stochastic oversold on H4 - GBPJPY bias tends to be bearish for today because the price is below the MA 50-100-200 in the 4 hours chart...
Gold Potential Short Term Bullish - Bias potentially bullish for gold prices in the short term, especially as long as the price moves above the signal MA 50-100-200 in the 4 hours chart...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, September 23rd GBP/USD dropped significantly amid negative UK data on Tuesday, when Public Sector Net Borrowing came out at 11.31B versus 8.56 expected by analysts...
Chinese manufacturing #PMI has declined to its lowest level in 6.5 years and disappointing statistics had an impact on all the financial #markets. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
USDCHF: The pair remains on the offensive and looks to recapture its key resistance located at the 0.9823 level. On the upside, resistance lies at the 0.9900 level with a breach targeting the 0.9950 level. A breather may occur here and turn the pair lower...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view has been vindicated by the break below our initial downside targets near 1.1215...
