This trading week was ended with some interesting results and setups for for Gold (XAU/USD). So, let's describe the interesting moments for this pair. ------------------ D1 price was on primary bullish market condition with secondary ranging: the price was inside Ichimoku cloud...
GBPJPY: With the cross following through higher on the back of its Thursday long-tailed rejection candle formation, further bullish price build up is envisaged. This leaves risk of more recovery towards the 184.09 where a break will open the door for strength towards the 185.00 level...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: Volkswagen emissions scandal threatens German and even European economy...
All major European #stock #indices rose by more than 3% after a speech of Janet #Yellen reassured the #market. Also #shares are still supported with yesterday's Ifo data, which showed an increased confidence in the German #economy. Find out more by checking out the Source Link...
Societe Generale is forecasting the ranging market condition for EUR/USD and USD/JPY, short for CHF/SEK and long-term short in GBP/JPY. In the short-term situation: shorts for USD/CAD and EUR/NOK...
#USDJPY #quotes are close to an upper boundary of a consolidation figure"triangle", which was formed during the last month. It is recommended to wait for the breakout of its borders to enter the #market. Find out more by checking out the Source Link...
There are two possible scenarios for #EURUSD. The first scenario suggests the growth of the pair to the #resistance line, and the second one - the breakout of the nearest #support level. Discover what #analysts recommend to do in both situations. Find out more by checking out the Source Link...
M5 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) with primary bearish market condition: 100-SMA crossed 200-SMA for bearish breakdown, and the price is trying to break 1...
XAUUSD 1H Diagram Technical Analysis shows the following: The XAUUSD has almost reached 1145.7 support line (pull back) and now is reacting. MACD's is turning bearish but not yet. . The Dow & Nasdaq sell off these days will support gold bullishness (it has delayed). Long from here. (SL 1145...
The EURUSD has made fast decline yesterday (daily inverse hammer) and it couldn't manage a break down of SMA(200) in 1H. MACD's (19,44,50) is getting bearish It is a bear setup under all SMAs with first target 1.11 and below. (SL 1.12...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 25th EUR/USD falls sharply as Federal Reserve chair Janet Yellen gave strong indications that the US central bank is likely to raise the interest rates at some point this year. After opening trades at 1...
A speech of the Fed's head Janet #Yellen has strengthened the U.S. #dollar against the euro and the yen. The Japanese #currency is declining despite the fact that the morning's CPI indices were better than expected, or at the same level with forecasts...
USDCAD: With USDCAD turning off its intra day high at 1.3416 level to close lower on Thursday, further downside pressure is likely. While the 1.3416 level caps, our view on the pair remains lower. Resistance resides at the 1.3400 level where a break will target the 1.3450 level...
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and would prefer to fade upticks against the 1.1330 area. A move below our initial downside targets near 1...
It appeared to be that CEO of Euro Pacific Capital and well-known market analyst Peter Schiff was right when he claimed the Fed has never seriously thought of increasing rates. Instead, he suggested we should brace for a QE 4...
W1 price is located to be above 200 period SMA (200-SMA) and near 100 period SMA (100-SMA) on the border between the bullish/ranging condition. The price is moved between the following s/r levels: 1863...
W1 price is located far above yearly Central Pivot at 1.1392: the price is on bullish market condition for ranging between R2 Pivot level at 1.2568 and R3 Pivot level at 1.3352; price is trying to cross R3 Pivot level at 1...
