Have been expecting the formation of a 'W' zz formation in H4, but didn't expect the price to come to the current level. Probably the W looks more like a W at this price level. If the price goes below the previous week's low, then it is going to be a free fall for the next few weeks...
M5 price is above SMA with period 100 (100-SMA) and above SMA with the period 200 (200-SMA) for ranging between the following key levels: 1.1139 resistance level located far above 200-SMA/100-SMA on the bullish area of the chart; 1...
The yen gathered pace on Friday as investors geared up for U.S. jobs data later in the day and shrugged off disappointing wages data. USD/JPY traded at 119.79, down 0.24%, while AUD/USD changed hands at 0.6995, down 0.33%.In Japan, preliminary wages data rose 0...
Today's U.S. employment data may determine dynamics of the #dollar and other #currencies for the near future. Also today the #G20 meeting opens in Turkey and Canada us going to release data on unemployment and employment at the same time with the #USA...
W1 price is on bullish market condition with secondary correction with the following key levels: 20975 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing...
USDCHF: With USDCHF strengthening further on Thursday, it looks to target further upside pressure. On the downside, support comes in at the 0.9700 level. A turn below here will open the door for more weakness to occur towards the 0.9650 level and then the 0.9600 level...
EURUSD: Bearish Momentum Turns Risk To Key Support. EURUSD: EUR took further losses on Thursday for a second day in a row This development leaves risk of more weakness towards its key support located at the 1.1016 level, its Aug 18 2015 low. Support lies at the 1...
An unfixed #profit on our #sales #trading position in #GPBUSD is still increasing and we had some #signals to add volume to it. Currently we are out of the #market in #USDJPY but have some pending orders. Find out more by checking out the Source Link...
2015-09-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -45.2B forecast data is -43.2B actual data is -41.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
GBPUSD: The pair may have hesitated on Wednesday but continues to hold on to its downside pressure. This price action leaves risk of a move lower on the cards though with caution as we may see a temporary halt in weakness. On the downside, support lies at the 1...
#Forex #traders have high hopes for Friday's #non-farm #employment data to show the possibility of Fed rate hike. But can we judge on it by only one economic #indicator? Especially if it is not so reliable. Find out more by checking out the Source Link...
Current trend Yesterday, the American currency gained back some of its losses even amid the publication on not so much favorable US macroeconomic statistics. It happened partly due to the highly anticipated ECB meeting...
Softer commodity prices, hampering trade and a turmoil in global equities make it likely the European Central Bank president Mario Draghi will lower the bank’s quarterly inflation forecasts at his press conference later in the day...
The #Market is frozen prior to the main event of the day – the press conference of Mario Draghi after the #ECB meeting. Analysts recommend to wait for his comments before opening #trading positions as they may determine directions for #EURUSD, as well as for #Gold...
Stay informed of the key economic events Thursday, September 3rd AUD/USD continued its decline falling as low as 0.6992 this morning. Australian retail sales data showed contraction in retail sales in July, while trade balance deficit narrowed more than expected...
2015-09-04 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Payrolls] past data is 215K forecast data is 220K actual data is n/a If actual > forecast = good for currency (for USD in our case...
Investing.com - Gold prices dipped in Asia on Thursday with investors squarely focused on U.S. jobs data at the end of the week. On the Comex division of the New York Mercantile Exchange, gold for December delivery fell 0.09% to $1,132.60 a troy ounce. Silver for December delivery eased 0...
Today many countries will publish important statistics that could affect #currencies in #Forex. The ECB's rate decision and the press conference of Mario Draghi will attract much attention. Later some important #indices will be published in the #USA. Find out more by checking out the Source Link...
BNP Paribas made the forecast for NFP to be more than 220K on Friday: "Our economists expect an above-consensus 230K increase in jobs and a steady unemployment rate of 5.3...
