Refer to my old posts for more details on the forecast. As predicted in my previous posts, Gold and EURUSD are on their upward trend in D1. Please do remember that, i believe it as a retracement in MN and hence it could really go up in spikes...
EUR/USD: Erratic moves. Minutes before NFP the pair 30 pips to 1.0975 just to lose 100 pips just subsequently and afterward again coming back to the high 1.09's. Difficult to get the waves set up in such a situation...
GBPUSD: GBP looks to recover higher following its rejection candle print on Friday. This development leaves the immediate risk higher with its lower level charts (see 4 hourly chart) turning higher. On the downside, support lies at the 1.5450 level where a break if seen will aim at the 1...
Center of the day: "USD: Keeping September on the Table. Bullish. We stick to our bullish USD view. Late remarks from Fed Governor Lockhart propose that September is still all that much in play, and as businesses bring the timing of the first climb forward, this ought to bolster USD...
W1 price is on primary bearish with secondary bear market rally with good possibility to reversal. The price was on bearish ranging market condition and the secondary market rally just started last week only. The price is located between 0.9361 support and 0.9879 resistance levels...
Majors, USD JPY Forecast, Weekly Forex Forecasts USD/JPY pushed above the 125 line for the first time since June, but then retracted and was unchanged at the end of the week. This week has six events...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish EURUSD is now a volatile pair - characterized by serious struggles between bulls and bears in the context of a downtrend. The support line at 1.0850 was tested last week, but could not be broken...
GBP USD Forecast, Majors, Minors, Weekly Forex Forecasts GBP/USD reversed directions last week, as the pair dropped about 170 points. The pair closed the week at 1.5615. This week’s highlights are the Average Earnings Index and Claimant Count Change...
FOMC 9:00 to 10:00 A bunch of financial information in the impending week will reveal insight into the economy's quality as it entered the second from last quarter. The enormous report will be retail deals, offering a checkup of customers, who have been restless generally...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, August 10th NZD/USD drops to 0.6598 after closing above 0.66 on Friday...
Current trend On Friday, the AUD managed to strengthen against the USD and reached the local high near the level of 0.7428. The reason for a rising dynamics was poor data on the NFPR from the US and the RBA statement...
#Dollar holds gains against major #Forex competitors despite Friday's mixed labor market data. #News that #Greece is going to finish talks with creditors tomorrow supported #EURUSD and the European #StockMarket. Find out more by checking out the Source Link...
Daily price is on bearish condition for ranging between the following s/r levels: 1.0847 support level located below Ichimoku cloud and far below Senkou Span A line on the bearish area of the chart, and 1...
The dollar index is up about 0.1 percent after rising as high as 98.334 on Friday, and its highest since April 23 after U.S. nonfarm payrolls rose 215,000. Marc Chandler (global head of currency strategy at Brown Brothers Harriman) told 125 was a near-term top as the U.S...
GOLD Expect gold price to retrace from 1113.0 to 1091.5 and then continue towards 1142 by this weekend. I still have the stop loss at previous month's low. EUR/USD Expect gold price to retrace from 1.113 to 1.0915 and then continue towards 1.142 by this weekend...
During the Asian session statistics published at the weekend in #China influenced all #FinancialMarkets. Read the full Asian session review by #VistaBrokers (economic releases, #currencies, #commodities, #stocks). Find out more by checking out the Source Link...
#Monday in #Forex is rather calm so #investors have a chance to reflect on the data received at the end of the last week. Some labor #market indicators will be released afternoons in the #USA. Find out more by checking out the Source Link...
GOLD: Our outlook remains higher as long as GOLD holds above its key supports at the 1,077/1,069 zone, it faces further recovery threats. Support comes in at the 1,080.00 level where a break will aim at the 1,069.00 level. A cut through here will open the door for move lower towards the 1,040...
