On #Friday, #gold is rising. The #metal gained an upward momentum after yesterday's #ECB meeting and a press conference of Mario #Draghi, where he gave quite unambiguous signals that the quantitative easing program could be expanded, and the #rate could be reduced...
H4 price was on bearish breakdown with the reversal: the price broke Ichimoku cloud together with the key support levels from above to below and it was stopped in the bearish area of the chart to be near 1.1071 support level...
GOLD: With the commodity continuing to hold on to its downside pressure, further downside pressure is likely. On the downside, support comes in at the 1155.00 level where a break will aim at the 1140.00 level. A cut through here will open the door for move lower towards the 1130.00 level...
Weekly price is on bullish market condition for the secondary ranging which was started in the beginning of May this year: the price is located above 100-period SMA and above 200-period SMA for the ranging between 100.39 resistance level and 92...
Forecasts from Lloyds Banking Group suggest we may be witnessing the best levels in GBPAUD. The pound sterling may have put its best rates against the Australian dollar behind it according to new research from Lloyds Bank...
The following are UBS' latest short-term (mostly intraday) trading strategies for AUD/USD, NZD/USD, and USD/CAD. AUD/USD: We prefer playing AUDUSD from the short side, looking for a move towards 0.7000, adding into rallies towards 0.7250 and trailing the stop lower to 0.7310...
Barclays Capital made a technical forecast for USD/CAD explaining their position opened with key targets: "The overnight sell-off in crude oil encourages our bullish view. A move above our initial upside targets near 1.3080 would signal higher in range towards 1.3150 and then the 1...
Economists believe the warning for further quantitative easing at the European Central Bank (ECB) is already been baked into the euro to dollar exchange rate...
If you have been following my posts on gold and eurusd price movements, you would have realized the relationship between the two price movements. I believe that the gold price follows the eurusd price with a time lag and of course gold is in thousands and eurusd is in units in their numerals...
USDJPY: The pair remains on the offensive as it looks to push further higher towards its resistance at 120.56. On further bullishness, risk should build up towards the 121.00 level. Above here will aim at the 121.50 level. A break will target the 122.00 level...
I have been mentioning about the fall in eurusd price in my posts https://www.mql5.com/en/blogs/post/652386. The "news" attributes today's fall to ECB policy stand...
There was an entry to a short position in #GPBUSD on a breakout of the #fractal level down, the result of which was already fixed. The #bulls were significantly supported with the positive statistics on #retail #sales from the UK. Find out more by checking out the Source Link...
A pending order to sell activated as the #Gold has reached the nearest #fractal down. The System already provides a number of #signals to add volume, preferably from the "red zone". Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
Click here to watch previous forecasts. EURUSD 15 min. chart - previous day forecast checking: GBPUSD 15 min. chart - previous forecast checking...
Follow my signals on https://www.mql5.com/en/signals/129429 Low risk, patience and discipline...
Barclays Capital made a technical forecast for USD/CHF explaining their position opened with key targets: "We are cautiously bullish against last week’s 0.9475 lows, given the decline in recent volumes. A move above 0.9580 would signal further upside towards targets near 0.9650 and then the 0...
Overview and Dynamics The undoubted focus of the market today is the ECB meeting at 14:45 (GMT + 3), which will decide on interest rates in the euro area. Further to the press conference, which will begin at 15:30, ECB President Mario Draghi made comments on the monetary policy of the ECB...
EURUSD 1H chart (up- and downtrend targets) EURJPY 1H chart (up- and downtrend targets) DAX 15 min. chart (up- and downtrend targets) DOW 15 min., 1H charts (up- and downtrend targets) Crude Oil 15 min., 4H charts (up- and downtrend targets...
The latest series of data in the U.S. and the U.K. are signaling the right time for the first post-crisis rate rise by the Bank of England may be reached before the Fed decides to move...
