Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Neutral After moving between the resistance line at 1.1250 and the support line at 1.1100, no other significant movement was seen last week...
GBPUSD: The pair continues to face upside pressure but within its established range. Support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level...
WEEKLY FOREX ASTROLOGY REVIEWS WEEK 26/2017 Ideas and thoughts can become a reality. You have to give time for the idea to mature and moved into physical condition. If the emerging market trend change - you have to wait until the market forth this change. As long as it ripens and is confirmed...
EUR/USD rises towards 1.12, turns flat on the weekWith a daily gain of more than 50 pips, the EUR/USD pair was able to erase it weekly losses and is about to close the week near the 1.12 handle, for the second week in a row. As of writing, the pair is trading at 1.1197, up 0.4% on the day...
First, a review of last week’s forecast: the holiday season is approaching, which may be the cause of the diminishing stream of significant economic events...
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New Home Sales (MoM)Link The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated...
GBPUSD: The pair continues to face upside pressure but within its established range. Support lies at the 1.2700 level where a break will turn attention to the 1.2650 level. Further down, support lies at the 1.2600 level. Below here will set the stage for more weakness towards the 1.2550 level...
After the active growth and the achievement earlier this week of new one-month highs, the main US stock indexes suspended growth. The DJIA index is down for the fourth consecutive day, however, since the opening of today's trading day is trading in a narrow range near the mark of 21400.00...
On Thursday, the stock indices were trading with low volatility without a single direction and have closed mixed. The Dow Jones slipped 0.06% (21397.29), S&P 500 fell by 0.05% (2434.50), and the NASDAQ slightly gained 0.04% (6236.69). European markets have not shown uniform dynamics also...
Estimated levels for today: Support (S1 / S2 / S3 = 1247.92 / 1246/01 / 1242.92), resistance (R1 / R2 / R3 = 1254.10 / 1256.01 / 1259.10). Key support levels (1 st from 1244.45 to 1249.80 at the end of the day, 2nd alley 1244.04 to 1247.63...
Estimated levels for today: Support (S1 / S2 / S3 = 44.88 / 60/13), resistance (R1 / R2 / R3 = 45.81 / 46.09 / 46.55). The key resistance levels (1 st from 45.66 to 45.53 at the end of the day, 2nd from 46.21 to 45.94...
EURGBP- The cross continues to retain its short term uptrend as it looks to resume upside pressure. Support lies at the 0.8800 level where a violation will turn focus to the 0.8750 level. A break will expose the 0.8700 level. Resistance resides at the 0...
Currently, USD/JPY is trading at 111.34, down -0.04% on the day, having posted a daily high at 111.46 and low at 110.95. USD/JPY has been in a reversal of the 111.80 level from double bottom lows of 110.95...
EUR/USD broke below 1.1150 and fell to 1.1145 hitting a fresh daily low. The pair is hovering sightly below 1.1150, consolidating losses. So far today, it has moved in a range of around 25 pips. The Euro is pulling back on Thursday after it reached earlier at 1.1177, a 3-day high...
Hello traders, Watch Gold (XAUUSD), have silently gained strength, confirmed breakout @ 1247 A rise in US interest rates may have been forgotten for a while...
Estimated levels for today: Support (S1 / S2 / S3 = 111.125 / 110.966 / 110.710), resistance (R1 / R2 / R3 = 111.637 / 796 / 112.052). The key resistance levels (1st of 111,260 to 111,419 at the end of the day, 2nd to 111,543 to 111,438...
Estimated levels for today: Support (S1 / S2 / S3 = 1.26099 / 1.25813 / 350), resistance (R1 / R2 / R3 = 1.27026 / 312/776). Key levels (1 st from 1.26538 to 1.26594 at the end of the day, 2nd loop 1.27073 to 1.26723...
USD/JPY The yen continued the correction, which was started on Tuesday after the unsuccessful attempt to break through the technically significant level of 111.80. The pair enters the support zone of 111.00-110.70, which can delay further downward movement...
