After the data on inflation in the UK were released at the beginning of today's European session, the pound declined. According to the British Office of National Statistics, inflation in the UK in October was 3% (forecast was + 3...
13.11.2017 GBPUSD GBPUSD went for fast drop movement as pressure renewed just as Brexit talks enter a crucial phase. Market back to face the old support zone 1.3030-60 where as long as market holding above another chance for another advance toward 1.3300 zone will be expected. Below 1...
USDJPY: The pair remains weak and vulnerable to the downside with eyes on its key support located at 112.95 area. On the downside, support comes in at the 113.00 level where a break if seen will aim at the 112.50 level. A cut through here will turn focus to the 112...
There remains a strong positive impulse of a fundamental nature. If growth continues, the next target is resistance level 65.30 (Fibonacci level 100% correction to decline from the level of 65.30 from June 2015 to the absolute minimums of 2016 near the mark of 27.00...
Collapsing. (By Yann Quelenn) • Bitcoin is now consolidating after recent surge. The technical structure shows a tremendous positive short-term momentum. Hourly support...
Continued consolidation. (By Yann Quelenn) • Crude oil is consolidating after the commodity set up resistance at 57.92 (08/11/2017 high). The commodity is trading at 1-year high. Expected to...
Edging lower. (By Yann Quelenn) • Sil(Byver is heading lower. Hourly support can be found at 16.60 (27/10/2017 low). Hourly resistance is given at 17.46 (13/10/2017 high...
Bullish pressures. (By Yann Quelenn) • Gold is pushing higher. The technical structure confirms the end of the consolidation phase. Support lies at a distance at 1251 (08/08/2017...
Slight weakness. (By Yann Quelenn) • EUR/CHF is riding downtrend channel. Support is given at 1.1610 (27/10/2017 low). Rising channel suggests further bullish momentum...
Strong downside risk. (By Yann Quelenn) • EUR/GBP lies into a symmetrical triangle. As long as prices are below the resistance at 0.9046 (05/09/2017 high), the short-term technical...
Descending triangle. (By Yann Quelenn) • AUD/USD is ready to go even lower showing that downside pressures are still lively. Hourly resistance is given at a distance at 0.7897...
Ready to bounce back (By Yann Quelenn) • USD/CAD continues to decline, but at a slower pace, after the set-up of a resistance at 1.2917 (27/10/2017 low). Hourly support lies at 1.2667...
Increasing selling pressures. (By Yann Quelenn) • USD/CHF is consolidating lower. Yet, the technical structure is still bullish. Yet, the pair has failed to hold consistently above the parity. The...
Ready to bounce back. (By Yann Quelenn) • USD/JPY is riding uptrend channel below former resistance at 114.49 (11/07/2017 high). Hourly support is given at 113.09 (09/10/2017...
Volatility declines. (By Yann Quelenn) • GBP/USD is still holding below 1.32. Support is given at 1.3027 (06/10/2017 low). Resistance area is given around 1.3200. Expected to show further...
Sideways price action. (By Yann Quelenn) • EUR/USD is still biased to the downside despite the current rebound. Hourly resistance is located at 1.1690 (03/11/2017 high). Hourly...
8th of November will remain, at least for a while, the highest level reached by the King of Cryptos, Bitcoin, well above $7800. The news of the cancellation of the second fork was the reason behind this impressive run...
Start Demo Part 2 - 13/11/2017 (5 Ea operate on 1 account) SingUp: https://www.forexmart.com/register?id=WIAYK Trading 9 pairs - spread fix 20 point 5 digit: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY, EURCHF 1. GND Average Price 2. GND Magic Martingale...
EURUSD: With the pair backing off lower prices to close higher the past week, more strength is likely. Resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1...