EURUSD: With EURUSD closing strongly lower the past week, more weakness is envisaged. However, we may see it recover higher in the new week on correction. Support lies at the 1.1050 level. Further down, support comes in at the 1.1000 level where a violation will aim at the 1.0950 level...
The Brexit camp won the EU referendum triggering a violent risk off reaction. There should be three key drivers of FX price action from here. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
According to theory of runs ( Read about it from Here ) There is 97% chance that EURJPY will rise to the upside next week. Depending on Forecasted Price Index - FPI There is 83% chance it will visit 113.46 or lower before it reverse back to the upside and build its weekly white candle...
Chart : https://bi0l.blogspot.com/2016/06/eurusd-h4-weekly-analysis-2016-06_25.html Analysis (Weekly): Last week the couple started with a mark of 1.1334 (Open), with (gap + 59) and the estimated breakdown of the weekly resistance 1.1301 (R1 W1). Then there was the test 1...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 26th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD and USDZAR...
After the UK voted out, there is room for the downside on EUR/USD. Some see 1.05 and some see parity. What about the pound, the protagonist? Here are two more opinions from Deutsche Bank and Credit Agricole: Here is their view, courtesy of eFXnews: Brexit Wins: GBP/USD Towards 1...
After the UK voted out, there is room for the downside on EUR/USD. Some see 1...
Brexit is reality: the UK voted to leave the EU and markets are reacting. The biggest currency impact is seen in the fall of British pound, crashing over 10% at some point against the dollar...
Interpreting your forex charts could be a bit challenging and if you do not analyze with care, you might misunderstand the currency actions. This aspect of Fx (Chart Analysis) is a very sensitive part; which is why your total attention is required for it...
The UK voted out with the pound crashing and the euro following. What’s next? Here are opinins from two banks. Here is their view, courtesy of eFXnews: Brexit Wins: GBP/USD Towards 1.20-1.25, EUR/USD Towards 1.06 – SocGen We continue to look for GBP/USD to trade around a 1.30-1...
The Brexit decision had huge market implications with a crash for the pound, falls for other risk currencies and gains for the dollar and the yen. Apart from the Brexit aftershocks, we have US and Canadian GDP data, US Consumer Confidence and other events...
A rising dollar once again! Would that be good or bad for the US economy? As Britain voted on June 23rd to part ways with the EU, besides the yen and the gold safe havens, the US dollar also emerged as one of the beneficiaries...
USDCHF: With USDCHF closing higher on price halt the past week, further bullish offensive is expected. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
GBPUSD As expected, GBPUSD is also trading lower since yesterday after the price completed a big corrective retracement labeled as wave IV and made a nice sharp turnaround lower from 1.5014...
While the Brexit vote was a shock (we attached a 40/45% probability), we are not surprised by the initial currency market reaction. Cable still remains within our forecasted one-month range between 1.3000 and 1.5000. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
That's the one thing I hate about huge moves, it screws up your charts Now the dust has settled somewhat and we're only subjected to 100 pips swings instead of 800 pips swings, we can try and look at the picture we face now...
WOW – What a CRAZY night!! After 43 years, Great Britain has voted to leave the EU. The financial markets seemingly misread the signals from the British public – and consequently have now reacted dramatically to this somewhat surprise result. Sterling (GBPUSD) fell almost 12% to lows @ 1...
The results of the UK’s EU referendum will remain the main focus throughout today and a key focal point for the coming sessions, days, and weeks. The true consequences to the UK’s economy and even the true impact on the global economy remain widely unknown...
