First, a few words about the forecast for the previous week: - After the publication of our forecast for EUR/USD, according to which the pair would continue to grow and reach the zone 1.1000 ÷ 1.1100, we heard skeptics say that it could not be true. It turned out that it could...
AUD USD, “Australian Dollar vs US Dollar” AT H1 chart, the market has formed the descending impulse in the wave (i). It looks like the wave (ii) has been completed as well, which means that quite soon the price may start another decline...
AUD USD, “Australian Dollar vs US Dollar” AT H1 chart, the market has formed the descending impulse in the wave (i). It looks like the wave (ii) has been completed as well, which means that quite soon the price may start another decline...
EUR/USD: ranging on reversal. Daily price was on local uptrend within the primary bearish as the bear market rally: price was stopped by 1.1052 key resistance level near 100 day SMA and 200 day SMA on the way to the bullish reversal. if the price breaks 1...
USDCHF: Having USDCHF weakened for second week in a row, it now looks to extend that weakness in the new week. The present bearishness is coming on the back of its downside pressure triggered from the 1.0319 level on Nov 30th 2015. On the downside, support lies at the 0.9750 level...
EUR USD, “Euro vs US Dollar” At the H1 chart, the price has broken Moving Average (period 34), which provided support earlier, and it means that the market may resume its descending movement. The closest target is the group of fibo-levels at 1.0735...
EUR USD, “Euro vs US Dollar” Eurodollar has rebounded from the group of fibo-levels near the retracement of 50%, which means that it may resume falling. It’s highly likely that in the nearest future, the pair may the market may fall towards its local low...
EUR GBP, “Euro vs Great Britain Pound” we can see at the H1 chart, the predicted target of the current correction is confirmed by local retracements. On Friday, the pair may fall to reach the group of lower fibo-levels at 0.7170. If the market breaks them, it may continue falling much deeper...
EUR GBP, “Euro vs Great Britain Pound” Europound has rebounded from the group of local fibo-levels and right now is trying to resume its movement inside the current downtrend. On Friday, the pair may fall to reach local retracements at 0.7170...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is below the chart...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Ichimoku Cloud is heading up (2); Chinkou Lagging Span is rebounding from the chart to the upside...
The following are the latest technical setups for EUR/USD, USD/JPY, EUR/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are standing aside while price consolidates ahead of resistance in the 1.1085/1.1120 area...
The US stock market is on 6 year high and this bullish tendency will be extended into 2016, say say Deutsche Bank analysts. Binky Chadha (the chief global strategist at Deutsche Bank) told that average historical returns have been 13%, and 11% return for S&P 500 index for example...
The result of the long position in #GPBUSD was around zero during the last 24 hours, and there was no additional signals. The market falls asleep in anticipation of the Fed meeting. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
We continue to hold the sale position in #USDJPY. Meanwhile, it is worth noting that in the recent days the volatility of the instrument has grown significantly, and therefore it is recommended to maintain the increased level of vigilance. Find out more by checking out the Source Link...
USDCAD: Having continued to retain its bull pressure, USDCAD looks to build up on its bull strength. It continues to maintain its upside risk closing higher on Thursday and following during Friday trading session. On the upside, resistance resides at the 1...
USD RUB, “US Dollar vs Russian RubleThe price may reach 70.08 and fall towards 68.30. The market is forming another consolidation channel with the central structure to expand it upwards. After that, the instrument may expand the channel downwards and form a reversal pattern...
XAU USD, “Gold vs US Dollar” Gold has broken 1071.88 and almost formed a continuation pattern. We think, today, the price may reach 1060.00 and then test 1071.88 from below. After that, the instrument may resume falling towards 1057.00...
