EURUSD: Having followed through higher the past week, EURUSD retains its bullish bias but with caution. However, the immediate risk is the resistance located at the 1.1086/96 zone. While that region caps, we are likely to see pullback early in the week. On the upside, resistance is comes at 1...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
ince the price bounced from 55EMA on Hourly chart, the target can be Prev High which is 89.00 ish. Of course, if you are carry trader, then you don’t need the target right? Hope this analysis helps you build your own...
Daily price was on local uptrend as the bear market rally within the primary bearish market condition: the price broke resistance levels on the way to uptrend, and it was stopped near & below Ichimoku cloud and 'reversal' Senkou Span line which is the virtual border between the primary bearis...
EUR/USD was looking for a new direction after the ECB excitement and eventually advanced once again. In the last full week before the holiday season, we have important German surveys, PMIs and inflation...
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...
