USD/CAD: ranging bullish with key resistance to be broken. The price is on bullish market condition located to be above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the ranging within the following key support/resistance levels: Fibo resistance level at 1...
Barclays Capital made a fundamental fiorecast for AUD/USD estimating the bearish targets for the price: first target is 0.7015, and the second target is near 0.6935/0.6895...
Today's U.S. #trading session ahead of #ThanksgivingDay will be very exciting. There are 3 key #economic #indicators, which will be published today. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
NZDUSD: With the pair reversing its Monday losses to close higher on Tuesday, NZDUSD targets further bullishness. This view is in line with its loss of downside momentum on the weekly chart the past week. Support lies at the 0.6500 level where a break will aim at the 0.6450 level...
Trading recommendations Sell Stop 0.7240. Stop Loss 0.7270. Take-Profit 0.7110, 0.7090, 0.7030, 0.6950, 0.6910 Buy Stop 0.7285. Stop-Loss 0.7250. Take-Profit 0.7300, 0...
It's on decision point. Either break or make. It also having nice long opportunity present with today's low for targeting 1.35. We are still expecting another leg is due before having any reversal. More specific, we are expecting leg can be extended for 1.36...
Barclays Capital is suggesting to open sell trade near 0.6430 with the target near 0.6375 and then the 0.6235 year-to-date lows. Let's evaluate this forecast concerning the technical point of view using Metatrader. NZD/USD: bearish ranging to breakdown...
#Bulls try to use the important support level (more than 5-year low) for counteroffensive, but unsuccessfully. Meanwhile, #quotes can leave borders of the descending triangle and we should be ready to work towards a breakout. Find out more by checking out the Source Link...
Dear Traders, The euro remained resilient amidst heightened tensions between Turkey and Russia. The European currency was capped at 1.0670/75, resulting in a barrier for any bullish engagements...
We continue to keep abreast of the situation in #USDJPY, since there is the development of the downward retracement. It carries a serious threat to the development of the current uptrend. Find out more by checking out the Source Link...
The possibility of a Fed interest-rate hike next month is at 74%, based on futures prices, shows CME Group’s FedWatch. That consensus has been buoyed by the recent hawkish Fed talk, with the U.S. dollar a big beneficiary...
UOB Group made a forecast for EUR/USD concerning bearish trend resuming on daily price: "Only a daily closing below 1.0580 would indicate the start of a fresh bearish phase." Let's evaluate this forecast in technical point of view. EUR/USD: bearish ranging...
#Oil is rising after #Turkey had hit a Russian military jet on the border with #Syria. The consequences of this event can be quite serious - the development of the conflict in the Middle East is a geopolitical risk for oil. Find out more by checking out the Source Link...
W1 price is located to be below yearly Central Pivot at 1.5946 and above S1 Pivot at 1.4702 on the primary bearish market condition with the secondary ranging: The price is on bearish ranging within 1.5946 Central Pivot and the first support level at 1.4702. The price is breaking 1...
On Tuesday, U.S. crude oil prices jumped nearly 3% on geopolitical tensions in the Middle East after Turkey shot down a Russian warplane near the Syrian border. Meanwhile, the longer-term outlook for oil appears to be less rosy...
Barclays Capital made fundamental forecast for USD/JPY suggesting to buy with the target to be near 125.85. Let's evaluate this forecast concerning the technical point of view. USD/JPY: possible bullish breakout...
USDCAD: The pair declined on Tuesday after triggering a corrective pullback and leaving USDCAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed by the 1.3200 level. Further down, support stands at the 1.3150 level and then the 1.3100 level...