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ASTRONOMICAL LOOK AT THE FOREX MARKET – WEEK 12 MARCH 2018.The forex market is a living organism. And how everything lives – he is constantly changing. For successful trading, you need an understanding of the processes taking place at this moment in the market...
EURUSD: The pair faces further weakness in the new week. On the upside, resistance comes in at 1.2350 level with a cut through here opening the door for more upside towards the 1.2400 level. Further up, resistance lies at the 1.2450 level where a break will expose the 1.2500 level...
First, a few words about the forecast for the previous week, which proved fully correct for cryptocurrencies: - EUR/USD. When giving forecast for this pair, a large number of analysts claimed that the pair would continue to stay in the 1.2150-1...
Bank of America Merrill Lynch Research discusses GBP/USD outlook and notes that could be a big week for GBP next week with the release of key macro data (CPI, labour market and retail sales data) and the EU Summit on 22/24 where the focus will be on whether a potential transition agreement will b...
Currency market is a social system like all financial markets. Currency market has a central role in the financial system. Many of us fail to realize this that currency market comprises thousands of thousands of people...
Facing a strong depreciation against the single currency (EUR/CHF at 1.17; +9.04% in 1 year) and anticipating the risk of a potential trade war escalation, the Swiss National Bank finally took the decision to maintain its deposit rate stable at -0.75...
Financial markets are encountering turbulence on the last trading day of the week amid allegation that Trump has fired his national security adviser H.R. McMaster...
On Thursday, the US stock index Dow Jones Industrial Average rose 0.5% to 24873.00 points. Nevertheless, the DJIA seems to be wrapping up this week and the first half of the month in negative territory...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, March 16th The EUR/USD pair has finally recovered its positive tone, having bounced off its weekly lows, marked near the level of 1.2300...
Chart: https://bi0l.blogspot.com/2018/03/gbpusd-intraday-forecast-technical-side_37.html (Side of bulls). For purchases, under the condition of forming a turn from (S1 / up H4 / S2), the target may be level (2-key resistance levels / R1 / R2), with a punching option up to (R3). (Bear side...
Chart: https://bi0l.blogspot.com/2018/03/eurusd-intraday-forecast-technical-side_95.html (Bear side). For sales outlets under the condition of reversal (from EMA24 / EMA522 / EMA120), the targets may be equal (S1 / S2 / S3 / up D1). (Side of bulls...
Chart: https://bi0l.blogspot.com/2018/03/usdchf-intraday-forecast-technical-side_15.html (Side of bulls). For saved short-term purchases with a breakdown condition higher than (R1), goals may be equal (R2 / R3...
Chart: https://bi0l.blogspot.com/2018/03/usdjpy-intraday-forecast-technical-side_15.html (Side of bulls). For purchases under the condition of forming a turn from (S1 / up D1 / S2), targets may be (key resistance levels / down H1 / R1 / R2) with breakdown targets (R3 / down D1). (Bear side...
USDJPY: The pair looks to weaken further as more decline is expected in the days ahead. On the downside, support lies at the 105.50 level where a break if seen will aim at the 105.00 level. A cut through here will turn focus to the 104.50 level and possibly lower towards the 104.00 level...
Speaking on Wednesday at the conference, ECB President Mario Draghi again drew the attention of investors to low inflation in the Eurozone, as well as to the increased risks for the European economy in connection with the prospect of a new trade war with the United States...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, March 15th The EUR/USD pair struggles to find direction this Thursday, trading in a tight range of 1.2365-85. Yesterday, the euro came under renewed pressure, following speech of the ECB President M...
Chart: https://bi0l.blogspot.com/2018/03/gbpusd-intraday-forecast-technical-side_15.html (Side of bulls). For purchases, with the condition of forming a turn from (EMA 24 / key levels / S1 / S2), the target may be level (R1 / R2 / R3). (Bear side...
Chart: https://bi0l.blogspot.com/2018/03/eurusd-intraday-forecast-technical-side_15.html (Bear side). For sales positions subject to entry at the boundary of the cloud, key targets may be level (S1 / up H4) with a breakdown option up to (S2 / S3). (Side of bulls...
Chart: https://bi0l.blogspot.com/2018/03/usdchf-intraday-forecast-technical-side_14.html (Side of bulls). For short-term purchases from (up H4) goals can be equal (Key resistance levels / down H1), break goals up to (R1 / R2 / R3). (Bear side...
