W1 price is located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish with the ranging between 61.8% Fibo resistance level at 1.5586 and Fibo support level at 1.5026: intermediate support level at 1...
GBPUSD: GBPUSD targets further price build up following its temporary bottom on Wednesday. It looks to extend its recovery towards the 1.5196/99 zone. leaving risk of further move higher. On the downside, support lies at the 1.5100 level where a break will turn attention to the 1.5050 level...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital EUR/USD: We are bearish and would use upticks towards 1.0765 as an opportunity to sell at better levels. Our targets are near 1...
Skandinaviska Enskilda Banken (SEB) made a forecast for USD/CAD with the following advice: if the price breaks 1.3247 so we may see the local downtrend as the secondary correction with the next target to be below 1.32 for example. Let's evaluate this forecast with the technical point of view...
Market players are increasingly addressing what this "buy the rumor, sell the fact" tendency means in relation to the U.S. currency and next month’s expected rate rise by the Fed. There is a weighty number of players who have bet fully on policy divergence between the Fed and ECB next month...
The following are UBS' latest short-term trading strategies for EUR/USD, GBP/USD, NZD/USD, and USD/CAD. EUR/USD: In the short term 1.0680/85 is important and anything above 1.0720 looks like a good selling opportunity, as we expect sellers to be lined up above 1.0750...
USD/CAD: ranging bullish with key resistance to be broken. The price is on bullish market condition located to be above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the ranging within the following key support/resistance levels: Fibo resistance level at 1...
Barclays Capital made a fundamental fiorecast for AUD/USD estimating the bearish targets for the price: first target is 0.7015, and the second target is near 0.6935/0.6895...
Today's U.S. #trading session ahead of #ThanksgivingDay will be very exciting. There are 3 key #economic #indicators, which will be published today. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
NZDUSD: With the pair reversing its Monday losses to close higher on Tuesday, NZDUSD targets further bullishness. This view is in line with its loss of downside momentum on the weekly chart the past week. Support lies at the 0.6500 level where a break will aim at the 0.6450 level...
Trading recommendations Sell Stop 0.7240. Stop Loss 0.7270. Take-Profit 0.7110, 0.7090, 0.7030, 0.6950, 0.6910 Buy Stop 0.7285. Stop-Loss 0.7250. Take-Profit 0.7300, 0...
It's on decision point. Either break or make. It also having nice long opportunity present with today's low for targeting 1.35. We are still expecting another leg is due before having any reversal. More specific, we are expecting leg can be extended for 1.36...
Barclays Capital is suggesting to open sell trade near 0.6430 with the target near 0.6375 and then the 0.6235 year-to-date lows. Let's evaluate this forecast concerning the technical point of view using Metatrader. NZD/USD: bearish ranging to breakdown...
#Bulls try to use the important support level (more than 5-year low) for counteroffensive, but unsuccessfully. Meanwhile, #quotes can leave borders of the descending triangle and we should be ready to work towards a breakout. Find out more by checking out the Source Link...
Dear Traders, The euro remained resilient amidst heightened tensions between Turkey and Russia. The European currency was capped at 1.0670/75, resulting in a barrier for any bullish engagements...
We continue to keep abreast of the situation in #USDJPY, since there is the development of the downward retracement. It carries a serious threat to the development of the current uptrend. Find out more by checking out the Source Link...
