GBPUSD: The pair closed higher on Monday leaving risk higher in the days ahead. On the downside, support lies at the 1.2450 level where a break will turn attention to the 1.2400 level. Further down, support lies at the 1.2350 level. Below here will set the stage for more weakness towards the 1...
Pivot Points Hourly Last Updated: Nov 19, 12:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.05627 1.05772 1.05845 1.05917 1.0599 1.06062 1.06207 USD/JPY 110.158 110.462 110.638 110.766 110.942 111.07 111.374 GBP/USD 1.23136 1.23344 1.23444 1.23552 1.23652 1.2376 1.23968 USD/CHF 1.00825 1...
USD/CAD Pullback Eyes Key Support Zone Ahead of Canada Retail Sales Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Talking Points USD/CAD testing monthly open support 1.3405/07 Key near-term resistance steady at 1.3575...
EUR/USD, USD/JPY and GBP/USD Price Action Setups Talking Points: - This is a holiday-shortened week in the United States; but there are some very big questions for the U.S. Dollar as the currency trades in the vicinity of fresh 13-year highs...
Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Silver Prices Trading in the Middle of An Air Pocket What’s inside: Silver prices are well below resistance and have room to go before support is met...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, November 21st The ongoing speculations around upcoming OPEC meeting, where agreement between countries oil exporters about crude oil output freeze could be reached continue to drive the market...
Trading recommendations Buy Stop 1220.00. Stop-Loss 1210.00. Objectives 1234.00, 1250.00, 1264.00, 1275.00 Sell in the market. Stop-Loss 1220.00. Objectives 1203.00, 1160.00, 1100.00, 1048...
USD/JPY Keeps Climbing as Japanese Trade Data Disappoints Talking Points USD/JPYremains focused on Trump and the “USD” side of the pair News that Japan’s trade surplus remained steady wasn’t enough to deflect attention However, the surplus missed forecasts substantially...
Fedspeak points to a rise in interest rates next month Fed fund futures are signalling a 95 percent probability of a rate hike when the Federal Open Market Committee (FOMC) meets on December 14. A repeat of last year' lone rate hike is in the works for 2016...
GOLD: Having the commodity closed lower the past week, further bearishness is envisaged. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door for a move lower towards the 1,180.00 level...
Daily price is located above Ichimoku cloud in the bullish area of the chart. The price is on ranging within the following support/resistance levels: 1.3551 resistance level located far above Ichimoku cloud in the border of the bullish trend to be resumed, and 1...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish Decline continued last week - proceeding below the resistance lines at 1.0650 and 1...
Daily price is on bearish breakdown located below Ichimoku cloud in the bearish area of the chart. The price broke 1.0619 support level to below for the bearish breakdown to be continuing with 1.0567 target to re-enter. If D1 price breaks 1...
EURUSD: The pair weakened further the past week leaving risk lower in the new week. On the down, support lies at the 1.0550 level where a violation will aim at the 1.0500 level. A break of here will aim at the 1.0450 level. Its weekly RSI is bearish and pointing lower suggesting further weakness...
When past values in a time series are correlated with each other, it is a good idea to perform autoregression on the past values to extract the relationship between the past values in order to predict the future values. You can download this Autoregression Indicator from my blog...
Hello traders, All of us heard that US will hike rates soon, possibility in December 2016 has percentage more than 90% the FED will do that. I am personally hope it is happen, because of this position https://www.mql5...
Weekly Trading Forecast: Does a Seasonal Liquidity Drain Benefit or Threaten the Markets? Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller The US Thanksgiving holiday week offers a historical drain on liquidity and boost in speculative reach...
First, a review of last week’s forecast: - It is clear that the dynamics of the dollar exchange rates are now largely determined by the actions of the US President-Elect Donald Trump, which have thus far been driving a continuing strengthening of the American currency...
Pound Sterling and the US Dollar are poised to see better levels in 2017 while the Euro is kept capped by ECB activity. Commodity Dollars such as the Australian, Canadian and New Zealand Dollars should maintain recent trends...
November is shaping up to be the best month for the U.S. dollar in 2 years. The greenback is up over 5% against the Japanese Yen and more than 3% versus the euro. The dollar’s strength can be attributed to 2 main factors and they both boil down to a positive current and future outlook for the U.S...
