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...
AUD USD, “Australian Dollar vs US Dollar” Australian Dollar is growing towards 0.7350. After that, the instrument may return to 0.7233. The market is forming triangle pattern in the center of its consolidation channel...
USD JPY, “US Dollar vs Japanese Yen” Yen is returning to 122.25. We think, today, the price may reach this target and then continue falling towards the local target at 121.00...
The following are UBS' latest short-term trading strategies (mostly intraday) for EUR/USD, USD/JPY, EUR/JPY, AUD/USD, and USD/CAD. EUR/USD: should stay rangebound, with buyers showing up towards 1.0900 and sellers above 1.1040. Play the range between the first support at 1...
USD CHF, “US Dollar vs Swiss Franc” Franc has formed the ascending impulse and corrected it. We think, today, the price may form another ascending impulse to return to 1.0024 and then test 0.9924 from above, thus morning a wider consolidation channel...
USD CHF, “US Dollar vs Swiss Franc” Franc has formed the ascending impulse and corrected it. We think, today, the price may form another ascending impulse to return to 1.0024 and then test 0.9924 from above, thus morning a wider consolidation channel...
GBP USD, “Great Britain Pound vs US Dollar” Pound is consolidating. We think, today, the price may expand this consolidation channel downwards and then return to 1.5156. Later, in our opinion, the market may continue falling to complete the correction with the target at 1.5030...
EUR USD, “Euro vs US Dollar” Eurodollar is forming the descending impulse with the target at 1.0907. After that, the instrument may return to 1.0976 and then continue falling inside the downtrend. The next target is at 1.0780...
The #loonie continues to suffer from the negative dynamics of #oil #prices, leading to new multi-year highs in #USDCAD. It is recommended to hold long positions at least before the retail sales data in the United States. Find out more by checking out the Source Link...
A new dash of the single #currency to the north was not so powerful as the previous one, however, the upward trend in #EURUSD is developing. It is recommended to stay out of the #market ahead of today's U.S. statistics. Find out more by checking out the Source Link...
H4 price is on bullish market condition with the ranging within the following key reversal support/resistance levels: 1.1052 resistance level located far above Ichimoku cloud in the bullish area of intra-day chart, and 1...
#Gold continues to fall amid expectations related to the upcoming Fed meeting on December 14-16. Expectations of the rate hike support the U.S. #dollar and put pressure on the yellow #metal. As a result, in November the price of the metal lost nearly 8...
The key index of the Japanese #stock #market #Nikkei ended the day rising by 0.97%. Meanwhile, Chinese #stocks continue to decline amid a new phase of falling #oil prices, as well as reducing of the #yuan. Find out more by checking out the Source Link...
As you can probably imagine, we could spend many lessons and multiple hours going over each of the economic indicators that affect the price of the US Dollar...
It has been one week since we published our Abbey's 24EAs Portfolio. We have more than 39 downloads, and we would like to thank you for your interests and supports. As of this morning (December 10, 2015), Abbey has over 750pips floating profit in our real trading account...
AUD/CAD: bullish breakout. The price broke Ichimoku cloud from below to above for good breakout with the reversal of the price movement to the primary bullish market condition with the secondary ranging...
EUR USD, “Euro vs US Dollar” At the H1 chart, after finishing the diagonal triangle in the wave [v], the pair has rebounded from its lower border and started the correction. It looks like earlier this week the market completed the wave [b] in the form of the double zigzag...
GOLD: With the commodity continuing to hold on to its downside bias, GOLD remains weak and declining on bear pressure with eyes the 1058.00 zone. On the downside, support comes in at the 1050.00 level where a break will turn attention to the 1040.00 level...
