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EUR/USD traded in well known ranges throughout most of the week, leaning lower towards the end. Inflation figures and the ECB’s meeting minutes stand out. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD...
Third divergence has developed on daily XTIUSD. Stoch as well giving clue that is forming divergence. On weekly move ABCD is completed. I predict that it will move down to level of 37 to form another shoulder and move back to take highs and settle in range around 50...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 20th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, AUDUSD and NZDUSD...
The Greenback advanced against all of its major counterparts this past week, and the USDollar secured its strongest two-week rally since the May 2015 climb forestalled a bearish reversal. Such a strong upswell comes with a surprising lack of solid fundamental support...
The past two weeks have seen GBP/USD fall from its early May high around its 200-day moving average down to hit its 50-day moving average by Friday. The drop on Friday was pronounced, as the US dollar surged strongly while the pound remained pressured...
The US dollar continued the recovery begun May 3 and rose against most of the major currencies over the past week. A nearly 3.5% rally in oil prices, the fifth weekly gain in the past six weeks (a $9.5 advance over the period), helped the Norwegian krone turn in a steady performance...
Forex Factory is probably one of the best known calendars available to retail traders, and this post will help you to understand how to use this tool in your trading...
Recently we received a question from one of our members asking if it is ok to use trend lines for her trading entries after she determined sentiment and direction from the news...
GBPJPY: The cross continues to face downside pressure as we enter a new week. On the downside, support comes in at the 155.00 level where a violation will aim at the 154.00 level. A break below here will target the 153.00 level followed by the 152.00 level...
Hedge Fund Shorts Saudi Riyal By Rakesh Sharma | May 5, 2016 — 12:02 PM EDT In 2014, Zach Schreiber, owner of the Point State Capital hedge fund, made a famous short against oil, which was trading at record high prices then, at the Ira Sohn conference...
The deviation of USD from levels that are consistent with gauges of the relative Fed hawkishness like the spread between US 2Y rates and the G9 average has widened to record levels recently. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
First, a few words about the forecast for the previous week: ■ if we talk about the forecast for EUR/USD, as it often happens, graphical analysis turned out to be the most accurate, having predicted the return of the pair to the Pivot Point of February - May at the level of 1.1280...
USDCHF: Having the pair taken back all of its earlier losses for the week to close higher on Friday, more strength is expected in the new week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0...
It seem that Dow Jones Industrial completed a Head and Shoulder Pattern. There is a negative divergence between RSI14 and DJI price candles. Seasonality say "Sell in May and Go Away...
EUR/USD: The move below our initial downside targets in the 1.1360 area encourages our bearish view. We are now looking for further downside towards the 1.1215 range lows. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
EURUSD: With EURUSD following through lower on the back of its Thursday losses on Friday, further downside pressure is expected. Support lies at the 1.1300 level. Further down, support comes in at the 1.1250 level where a violation will aim at the 1.1200 level. A break of here will target the 1...
US: No Need for Excessive Pessimism - BNP Analysts from BNP Paribas, explained that the US labour market has been losing momentum, which could be additional evidence of the soft patch the economy went through in early 2016 and could also signal further slowdown on the horizon...
Elliott Wave Analysis: EUR/GBP Facing A Reversal Higher EUR/GBP is tracing out an ending diagonal pattern in wave C which is a part of the A-B-C pullback in red wave B). We expect this pair to find its support around 0.7828, where formal wave 4 can react as a turning point into red wave C...
US Dollar Approaches 94.80 on Data The greenback, tracked by the US Dollar Index, is extending the rally on Friday towards the boundaries of 94.80 on upbeat US data...
