Bullish Channel up still perform with 0.8921 target. If there is a correction, best entry at fibonacci support level 0.8759, and ideal target at 0.8851. But if this pattern break,. Major fibonacci support will be next bearish at 0.8550...
My major plan for AUD is ABCD pattern, with 0.9550 target,.. 0.9440 will be a strong resistance point. (plan A) If the price bounce again from that level and break minor fibonacci support,.. my bearish target at 0.9216, but this scenario must break 0...
Eurozone industrial production is expected to decline by 1.2% MoM in May after the disappointing figures across key countries published this week. In France (−1.7% MoM), and to some extent in Italy (−1.2% MoM), industrial activity was distorted by the higher-than-usual number of holidays...
Retail sales likely rose by 0.7% in June based on another strong vehicle sales report and healthy chain-store sales. Total light-vehicle unit sales rose by 1.2% in June to a 16.98m-unit rate. Gasoline prices rose by 0.5%, most likely boosting gas station receipts...
The Dow Jones 30 as you can see fell during the bulk of the week, but did find a little bit of support at the 16,800 level in order to form a slightly supportive looking candle. It’s not quite a hammer, but close enough in our opinion...
The yen managed to gain some ground in a week that saw some fear return to the markets. What’s next for currencies? Public appearances from Yellen, Draghi and Carney, rate decisions in Japan and Canada and plenty of important US figures are the highlights of a busy week...
The EUR/USD on a weekly basis is HIGHLY LIKELY going to swing up based on pure technical reasons which i will lay below 1...
After FOMC, 10th july Gold reach 61.8 retracement on long triangle patten. at smaller timeframe, lower low keep performing. dont assumed gold will break this triangle, because india will decreased their gold import volume. There is 3 buying point on my analisis,. 1...
On M5 downward movement was stopped. New channel is open...
Today, we are seeing positive risk-appetite. US stock indices are up after a brief dip early in the US session. We are also seeing JPY weakness across the board, which is a sign of risk-on trading. Let’s take a look at the EUR/JPY, and GBP/JPY and CAD/JPY...
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The euro fell to more than one-week lows against the dollar on Friday, one day after a robust U.S. employment report for June eased concerns over the outlook for the economic recovery. EUR/USD ended Friday’s session at 1.3594, down 0.35% for the week. The pair is likely to find support at 1...
The pound was close to its highest in almost six-years against the dollar on Friday, as expectations for a rate hike by the Bank of England this year continued to underpin demand for sterling. GBP/USD was at 1.7158 late Friday, after touching highs of 1.7178 earlier, the most since October 2008...
The Australian dollar ended the week at a more than two-week low against its U.S. counterpart on Friday, after a robust U.S. nonfarm payrolls report for June sparked speculation that the Federal Reserve could bring forward its timetable for raising interest rates. AUD/USD hit 0...
The New Zealand dollar ended Friday’s session close to a one-week low against its U.S. counterpart, as a better-than-expected U.S. nonfarm payrolls report for June bolstered the outlook for the wider economic recovery. NZD/USD hit 0...
The U.S. dollar moved higher against the Canadian dollar in holiday thinned trade on Friday, as markets in the U.S. remained closed for the Independence Day holiday. USD/CAD ended Friday’s session at 1.0651, pulling back from the six month lows of 1.0619 hit in the previous session...
The dollar rose to more than one-week highs against the Swiss franc on Friday a day after a robust U.S. nonfarm payrolls report for June sparked speculation that the Federal Reserve could bring forward its timetable for raising interest rates. USD/CHF was at 0.8945 late Friday, up from 0...
The dollar edged lower against the yen amid profit taking on Friday, but still ended the week higher as a better-than-expected U.S. nonfarm payrolls report for June bolstered the outlook for the wider economic recovery. USD/JPY was at 102.05 late Friday, off Thursday’s high of 102.25, but still 0...
The Dow Jones 30 had a strong showing during the holiday shortened week, as Friday was Independence Day in the United States. That being the case, looking at the market we can see that there was certainly enough pressure from the buyers to make a case that we are heading into another leg up...
