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First, a review of last week’s forecast: - EUR/USD. Billionaire George Soros is confident that further strengthening of the dollar will lead to a new financial crisis...
Hello traders, USDJPY Before proceeding to the next Resistance area, we should keep in attention to the actual Support provided by A2SR. This is short-term things that can confuse the market on the USD strength analysis...
USDJPY H4 https://bi0l.blogspot.com/2018/06/usdjpy-weekly-analysis-2016-06-11-15.html The last week started with the mark (Open 109.347; gap -180) with a key resistance test and a mock breakdown (down H4 / R1W1 / R2W1) to (High 110.893). Subsequent testing (R3W1) closed the week (Close 110.662...
Trying to bounce. (By Peter Rosenstrelch) ·Bitcoin has recovered marginally trying to bounce off support, Extension of bearish pressure indicates a test of 5992 support, The...
Grinding higher. (By Peter Rosenstrelch) ·Crude continues to strengthen as can be seen by the break of the hourly resistance at 65.95. Hourly support and resistance are given at...
Bullish pause. (By Peter Rosenstrelch) ·Silver continues to strengthen as can be seen by the break of the hourly resistance at 16.87. Succession of higher lows continues to...
Success test of resistance. (By Peter Rosenstrelch) ·Gold has bounce successfully tested resistance indicating a challenge of support, Hourly support and resistance are given at 1282...
Despite the decision of the Fed to raise the rate and a statement of intent to further tighten monetary policy in the US, gold prices on Thursday reached the highest level for the month near the mark of 1309.00 dollars per ounce...
In my previous blog post I described several approaches for adapting EAs to trade on renko charts (based on custom symbols introduced in MetaTrader 5). All of them use custom symbols created by RenkoCharts product (free demo is available...
Chart:https://bi0l.blogspot.com/2018/06/gbpusd-intraday-forecast-technical-side_14.html (Side of bulls). For purchases, under the condition of forming a turn from (S1 / S2), goals may be (up H4 broken / key levels) with the breakdown option to (R1 / down D1 corrected) and then up (R2 / R3...
Chart: https://bi0l.blogspot.com/2018/06/eurusd-intraday-forecast-technical-side_14.html (Side of bulls). For purchases, with the condition of forming a turn from (S1 / up W1), goals may be (up H4 broken / key levels) with the breakdown option up to (R2 / down D1 corrected / R3). (Bear side...
Chart: https://bi0l.blogspot.com/2018/06/usdchf-intraday-forecast-technical-side_14.html (Bear side). For sales, if there is a rollback from (R1 / down W1 / R2), targets may be (down D1 broken / S1 / Key support levels) with breakdown option up to (S2 / up D1 / S3). (Side of bulls...
Chart" https://bi0l.blogspot.com/2018/06/usdjpy-intraday-forecast-technical-side_14.html (Bear side). For sales, if the turn is formed from (R1 / R2 / down W1), the goals may be (S1 / S2 / up H4 / S3). (Side of bulls...
GBPUSD: The pair faces further weakness as it closed lower on sell off on Thursday. Support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level. Below here will set the stage for more weakness towards the 1.3050 level...
Published on Wednesday, disappointing inflation data contributed to the weakening of the pound and the fall of the GBP / USD. The consumer price index (CPI) in May grew by 2.4% compared to the same period of the previous year, as in April...
Chart: https://bi0l.blogspot.com/2018/06/gbpusd-intraday-forecast-technical-side_13.html (Side of bulls). For purchases, if the reverse roll formation (R1 broken / down D1 broken) and / or breakdown above (R2) can be targets (R3). (Bear side...
Chart: https://bi0l.blogspot.com/2018/06/eurusd-intraday-forecast-technical-side_13.html (Side of bulls). For purchases, under the condition of forming a (down D1 broken) and / or breakdown above (R1), goals may be (R2 / R3). (Bear side...
Chart: https://bi0l.blogspot.com/2018/06/usdchf-intraday-forecast-technical-side_13.html (Bear side). For stored items for sale, on condition of breakdown formation (up H1 tested / S1), goals may be equal (S2 / up D1) with breakdown option to (S3...
