We can see few factors: Global trend on 4H Chart showing us clear down rise We have tight channel in down rise direction (bearish) Technical indicators are oversold which might conflict with our initial two factors If not considering the technical indicators, we might continue more down, however...
USDCHF: The pair followed through higher the past week on the back of its previous week long-tailed candle formation. This keeps the immediate outlook higher. However, its immediate challenge is to break and hold above the 0.9823 level...
This trading week was ended with some interesting results and setups for for Gold (XAU/USD). So, let's describe the interesting moments for this pair. ------------------ D1 price was on primary bullish market condition with secondary ranging: the price was inside Ichimoku cloud...
GBPJPY: With the cross following through higher on the back of its Thursday long-tailed rejection candle formation, further bullish price build up is envisaged. This leaves risk of more recovery towards the 184.09 where a break will open the door for strength towards the 185.00 level...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: Volkswagen emissions scandal threatens German and even European economy...
All major European #stock #indices rose by more than 3% after a speech of Janet #Yellen reassured the #market. Also #shares are still supported with yesterday's Ifo data, which showed an increased confidence in the German #economy. Find out more by checking out the Source Link...
Societe Generale is forecasting the ranging market condition for EUR/USD and USD/JPY, short for CHF/SEK and long-term short in GBP/JPY. In the short-term situation: shorts for USD/CAD and EUR/NOK...
#USDJPY #quotes are close to an upper boundary of a consolidation figure"triangle", which was formed during the last month. It is recommended to wait for the breakout of its borders to enter the #market. Find out more by checking out the Source Link...
There are two possible scenarios for #EURUSD. The first scenario suggests the growth of the pair to the #resistance line, and the second one - the breakout of the nearest #support level. Discover what #analysts recommend to do in both situations. Find out more by checking out the Source Link...
M5 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) with primary bearish market condition: 100-SMA crossed 200-SMA for bearish breakdown, and the price is trying to break 1...
XAUUSD 1H Diagram Technical Analysis shows the following: The XAUUSD has almost reached 1145.7 support line (pull back) and now is reacting. MACD's is turning bearish but not yet. . The Dow & Nasdaq sell off these days will support gold bullishness (it has delayed). Long from here. (SL 1145...
The EURUSD has made fast decline yesterday (daily inverse hammer) and it couldn't manage a break down of SMA(200) in 1H. MACD's (19,44,50) is getting bearish It is a bear setup under all SMAs with first target 1.11 and below. (SL 1.12...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, September 25th EUR/USD falls sharply as Federal Reserve chair Janet Yellen gave strong indications that the US central bank is likely to raise the interest rates at some point this year. After opening trades at 1...
