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Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5204. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5169. Selling zone below this level. GBPUSD could be sold at any levels below 1.5169...
New bullish trend in closing bar inside an overbought situation. This could be an opportunity to enter long with first target on R2 ( 0,98450) and second target on R3 (0,99876) New bearish trend in closing bar inside an Oversold situation...
Daily price is on the primary bearish market condition located below Ichimoku cloud and 'reversal' Sinkou Span lines within the following key support/resistance levels: 1.0829 key resistance level, and 1.0461 key support level. The price is trying to break 1...
The upcoming week is expected to be less busy, than the previous one with the U.S. markets closed on Thursday for the Thanksgiving holiday and Friday being a half day. Tokyo is closed Monday for a national holiday...
We do not plan to enter any new positions until we assess the outcome of the Fed’s unscheduled meeting during the NY session. Start your week off on the right foot by reading my currency update below...
MAP OF THE BATTLE: THE VIDEO GAME MARKET: Map of battlefield: It's a funny look at the market. It allows us to look at the market as if it were a video game. It shows the supports and resistances below and above the price (trenches), showing where the bulls and bears are hidden armies...
On Monday the Australian dollar and yen traded weaker, as no important economic data was expected with Tokyo closed for holidays...
Morgan Stanley made a fundamental forecast for EUR/USD related to the price movement - they estimated for this pair to be in ranging bearish in the near future up to the year-end for example: "EUR is likely to remain an underperformer in the current environment...
W1 price is on bullish market condition for the secondary ranging within the following key support/resistance levels: 17.3403 resistance level located far above Ichimoku cloud in the bullish area of the chart, and 16...
As it looks more and more probable for a drastic fall in eurusd price, level 2 set up still shows the possibility of an upward retracement in eurusd price to this month's high. As mentioned in my previous posts, i expect eurusd prices to move in sync with gold prices...
With the gold price going below the previous low of the year, there is little doubt that the gold price is going to 700. The question still is, will it go after an upward retracement or without an upward retracement. I still believe that there is a possibility of an upward retracement...
GOLD: GOLD looks to weakenon bearishness following its the past week losses. While the 1088/98 zone remains unbroken, its broader biasremains lower. On the downside, support comes in at the 1070.00 level where a break will turn attention to the 1060.00 level...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish EURUSD made no strong directional movements last week and closed down on Friday (at 1.0645), highlighting the ongoing weakness in this pair. There is now the possibility of the support lines at 1.0600 and 1...
EURUSD: With the pair failing to follow through higher on the back of its previous gains the past week, further downside pressure is likely in the new week. This development now leaves EUR eyeing its key support located at the 1.0519 level. However, immediate risk comes in at 1...
The init of trend is a trend indicator for any pair and any timeframe. Never repaints signal. Never blakpaints signal. Never recalculates signal. 70% of profitable trades whit 41 pip of average pip for signals. The indicator gives a signal is the trend is near to init...
With inventions which have won Elon Musk multiple entrepreneur and innovator-of-the-year awards, some say he is a 21st century Thomas Edison...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
This is really interesting pair. We are bearish on technical and fundamental front. BOE are looking for rate hike while RBNZ are about to cut interest rate anytime. For Elliott wave, we might seen the correction complete and a new bearish trend is in the control...
We are tracking this pair for long time and still believe that correction is due to retrace previous down-trend. In small time frame, we are expecting current move is a flat correction while one more leg up required to mark correction complete...
