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USDJPY: With USDJPY continuing to hold on to its upside pressure, more recovery higher is expected though hesitating. While the 110.58 zone remains unbroken, we may continue to price hesitation. On the downside, support comes in at the 109.00 level where a break if seen will aim at the 108...
Chart:https://bi0l.blogspot.com/2016/05/usd-jpy-intraday-forecast-technical.html Calculated daily level: Support (S1 / S2 / S3 = 109,932 / 795/572), resistance (R1 / R2 / R3 = 110,378 / 110,515 / 738). Key support levels (1st from 109.815 to 110.197 at the end of the day, the 2nd of 109...
Chart: https://bi0l.blogspot.com/2016/05/gbpusd-intraday-forecast-technical-side_25.html Calculated level for today: Support (S1 / S2 / S3 = 1,46248 / 1.45946 / 1.45457), resistance (R1 / R2 / R3 = 1,47227 / 529 / 1.48019). Key support levels (1st from 1.45828 to 1...
Chart: https://bi0l.blogspot.com/2016/05/usd-chf-intraday-forecast-technical.html Estimated level: Support (S1 / S2 / S3 = 0,98984 / 0,98893 / 0,98745), resistance (R1 / R2 / R3 = 0,99279 / 371/519). Key resistance levels (1st from 0.99091 to 0.99104 in the late afternoon, 2nd from 0.99169 to 0...
Chart: https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_25.html Calculated levels today: Support (S1 / S2 / S3 = 1,11349 / 1,11259 / 1,11115), resistance (R1 / R2 / R3 = 1.11638 / 1.11728 / 1.11873). Key resistance levels (1st from 1.11694 to 1...
Day buying and selling the forex market could be a fast paced and thrilling strategy to generate a living. Nevertheless, there are risks involved and so it's best to find the right way to day commerce forex from a qualified foreign exchange day trader...
What is a 'Moving Average - MA'? It is a widely used indicator in technical analysis that helps smooth out price action by filtering out the “noise” from random price fluctuations. A moving average (MA) is a trend-following or lagging indicator because it is based on past prices...
Our automated trading system called "Moon", which also gives its name to our trading signal, arises from the need to find a valid operational tool that generates a steady return over time without jeopardizing the initial capital...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, May 25th EUR/USD is recovering from multi-week lows marked yesterday. Yesterday the pair fell to 1...
Dear Traders, While the British pound rose on eased concerns about a potential Brexit scenario, the euro fell victim to renewed U.S. dollar strength. The greenback was supported by the shift of the market's rate hike expectations in favor of a Fed June or July hike...
Analysis : Falling Wedge identified at 25-May-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.123 within the next 2 days. Resistance Levels : ( B ) 1.1227Last resistance turning point of Falling Wedge. Support Levels...
Can we expect that the next stage of the rate increasing will take place at the June meeting? Fed members made it clear that it will depend on economic statistics. So let's note the most important publications, which have force to affect the #FOMC decision...
As increasingly more people are interested in Foreigh Exchange Market a lot of them do not perceive if on-line monetary buying and selling can actually be profitable. Let's find it out whether it is actually potential to earn money trading foreign exchange...
AUD/USD Recovers Ground but Remains Capped by 0.7200 The Australian dollar took a breather and managed to recoup some of its intraday losses against the greenback helped by better sentiment in financial markets seen during the American session. AUD/USD rebounded from a 2 ½-month low struck at 0...
Dollar Index Near Top of Bear Channel The relentless rise in the Dollar Index has continued today...
Analytical Review of the Stocks of 3M Company as of 24.05.2016 3M Company, #MMM [NYSE] Industrial goods, Diversified production, USA Financial performance of the company: Index – DJIA, S&P 500...
EUR/USD Makes Fresh 10-Week Lows The euro has continued losing ground to the greenback on Tuesday, with the shared currency under pressure amid equity gains and dragged down by the EUR/GBP cross and the dollar retaining a bid tone...
AUD/USD: Short Positions are Preferable. Technical Analysis as of 24/05/2016 Review and forecast Australian economy is under pressure from several fundamental factors. Since beginning of May the pair AUD/USD fell by over 400 points. The pair broke down important support levels of 0...