So often, a good trading plan is ruined by sub-optimal execution. Sometimes we can identify great trends with strong underlying fundamentals, only to join the trend when it's about to end...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 27th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD and USDZAR...
USDCHF: With the pair losing upside momentum to close on a rejection candle the past week. This has set the pair up for a move lower in the new week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0...
Brexit should make the global outlook gloomier and we adjust our FX views accordingly. We slash our GBP forecasts, lower our projections for the European G10 currencies, maintain our bearish view on G10 commodity block and keep an overall constructive view on USD...
EUR/USD: We are bearish and look for a move lower in range towards initial targets near 1.0970 and then Friday’s 1.0910 lows. Further out we see room towards 1.0840 and then the 1.0710 area. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
100 and 200 bar MA defining the risk The USDJPY has traded the last two days between the 100 and 200 hour MA. The price action suggests a comfort area for traders - a safe house. Eventually the market will make a break and run. Friday's can be difficult of course. It is a long weekend...
EUR/NZD Analysis for July 01, 2016 Recently, EUR/NZD has been moving downwards. As I expected, the price tested the level of 1.5466 in a high volume. According to the 30M time frame, I found response from sellers at the price of 1...
Gold Analysis for July 01, 2016 Since our previous analysis, gold has been trading upwards. As I expected, the price tested the level of $1,337.91 in a high volume. According to the 30M time frame, I found that demand is in control in the market...
CAD/JPY Trade Idea - Good to Sell on Rallies Major resistance - 79.95 (55 4H EMA) CAD/JPY has made a high of 79.95 yesterday and started to decline from that level. It is currently trading around 79.19. Short term trend is bearish as long as resistance 80 holds. The decline from 83.81 till 76...
UOB out with a client note/recommendations 1 July 2016 Courtesy of our friends at efxnews.com While our tech guru Greg is tied up on the ForexLive ACT course here's someone else's T/A for those of you so inclined...
EUR/USD dropped quite a bit on Brexit but showed some strength as well. It could further fall, say the people at BNP Paribas: Here is their view, courtesy of eFXnews: The still-elevated level of GBP volatility renders downside GBP structures very expensive after last Thursday’s UK referendum...
One week after the big Brexit crash and as a new quarter begins, it is time to lift our heads from the near term and look forward...
EURUSD Daily Analysis EURUSD (1.109): EURUSD formed an outside bar on the daily session yesterday after QE and rate cut comments from the BoE Governor, Carney. The price action from the past three days shows a kind of consolidation taking place near the minor resistance level at 1...
The Australian and New Zealand dollar both weathered the Brexit quite well, but this may not be the end...
GBP/USD resumed its falls on Carney’s speech but there may be more to come, with sterling not falling alone: Here is their view, courtesy of eFXnews: Despite the sharp fall in GBP so far, we still see it as vulnerable to further declines...
Carny made a special appearance and offers easing during the summer as a reaction to Brexit. He makes a heavy hint that they will take a decision in August. This speech was scheduled only yesterday and is seen as part of the damage control. GBP//USD slips to 1.3330. Update: it already slips to 1...
No surprises with Canada’s GDP: a rise of 0.1% month over month. Producer prices in Canada jumped by 1.1% m/m, much more than 0.4% predicted but remained negative at -1.1% y/y. USD/CAD remains stable. The Canadian economy suffered from the fall in oil prices but the economy is quite diverse...
The Australian dollar is facing elections and a rate decision in the next few days. What’s next? ANZ has a bearish outlook: Here is their view, courtesy of eFXnews: Brexit is now a reality. The damage is done and we now have to navigate through an environment of heightened uncertainty...
