USD: Still Bearish USD. Bearish. We believe USD positions will continue to unwind as weak US data put Fed rate hikes in doubt and the search for yield continues...
In last Monday’s analysis, the point [1] was regarded as the selling climax. However, the subsequent down-bars had reduced volumes and narrow spreads and further “No Supply” in point [2] showed the lack of interest on lower prices from the Smart Money...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Last week saw a gain of 200 pips - testing the resistance line at 1.1350 before the current shallow retracement, so the resistance lines at 1.1400 and 1...
This post is a translated description for OandaX OrderBook Chart indicator. You can download it here: https://www.mql5.com/ru/code/15993 This code is an example that shows data format for the OandaX histogram...
Daily price broke 100 SMA/200 SMA ranging reversal area for the primary bullish market condition: The price is on testing with Fibo resistance level at 1.1366 to above for the bullish trend to be continuing. RSI indicator is estimating the bullish ranging to be started...
EURUSD: Having rallied on a follow through higher the past week, further bullishness is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1200 level. A break of here will target the 1.1150 level...
First, a review of last week’s forecast: – the forecast for EUR/USD reckoned that having rebounded from the support of 1.1100, the pair would go up – to the resistance of 1.1230, and if it was broken through, the pair could heave upwards by further 100 points – up to the level of 1.1330...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 34th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, EURGBP, AUDUSD, EURAUD, NZDUSD, USDCAD and USDZAR...
Fedspeak has whipsawed FX markets over the past week. The long risk/short-USD trade was initially boosted by comments from San Francisco Fed President Williams, only to be undone by subsequent hawkish remarks by New York Fed President Dudley, who appeared to open the door to a September hike...
PIPWHISKER DAILY TRADING STRATEGY(Price:$50) This strategy is based on the following indicators. -New trend -Beginner -Golden tendency settings (5, 30...
Daily price is located below 100 SMA/200 SMA reversal area for the primary bearish market condition within the following narrow support/resistance levels: Fibo resistance level at 1.3375 located in the beginning of the secondary bear market rally to be started, and Fibo support level at 1...
Since the last analysis, EURUSD did make a downtrend after the news event, but the volumes dried up, and a rally began. On the 2nd correction, there was yet another consolidation on low volume, and the price would break the long-term resistance at 1.123 in the London session...
D1 price is on primary bullish market condition with the ranging to be started yesterday: the price is located within 23,207 resistance level and 22,953 support level. Price is testing 22,953 support to below for the ranging area to be expanded...
AUDUSD. The pair lost upside pressure to decline strongly during Friday trading session today. This development has left risk lower in the days ahead. On the downside, support resides at the 0.7600 level where a breach will aim at the 0.7550 level...
GBPUSD: Having the pair extended its recovery on Thursday, further strength is expected. On the downside, support lies at the 1.3100 level where a break will turn attention to the 1.3000 level. Further down, support lies at the 1.2950 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, August 18th GBP/USD Current price: 1.3118 (0.6...
Hello traders, I thought it is time to prepare a proper Resistance before GBPUSD goes to reach it. Good position for Selling GBPUSD is wait on Resistance above. People who understand how to work with Support and Resistance will take this as a good opportunity. ( Zoom in here https://c.mql5...
An early Fed rate hike pushing US real rates up will not bode well for risk appetite and related financial conditions. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
EURUSD: Having taken out its key resistance at 1.1233 level on Tuesday, more strength is likely in the days ahead. Support lies at the 1.1200 level. Further down, support comes in at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will target the 1.1050 level...
