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Weak bounce. • USD/CAD has broken the support at 1.3265 confirming an underlying bearish trend. Hourly resistances can now be found at 1.3340 (intraday high) and 1.3456 (04/04/2017 high). Support is...
Still weak within range. • USD/CHF failed to breach 1.0107 dropping sharply to support. The short-term technical structure is negative as long as prices remain below the hourly resistance at 1.0171...
Weak bounce • USD/JPY has broken to the downside out of the horizontal support at 110.11 confirming a bearish bias. Next support can be located at 108.22 (intraday low). Other key supports lie at a...
Pushing higher. • GBP/USD has rallied off key support at 1.2334, suggesting a potential short-term base formation. Key resistance stands at 1.2605 (27/03/2017 high). An hourly support can be...
Test of resistance. • EUR/USD has improved, yet failure to break resistance suggest a reversal. Monitor the resistances area given by 1.0679. Hourly support can be found at 1.0650 (intraday base) then...
EURUSD PENDING ORDER BUY EUR/USD @ 1. 0655 SL: 1. 0640 TP1: 1.0670 TP2: 1.0685 TP3: 1.0700 PENDING ORDER SELL EUR/USD @ 1.0636 SL: 1.0651 TP1: 1.0621 TP2: 1.0606 TP3: 1.0591 The price reached a level of 1.0655 We expect a further rise in prices to the level of 1.0700...
GOLD: The commodity strengthened further the past week leaving risk of more gains on the cards on the cards. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...
According to data published this morning, China's industrial production in March rose by 7.6% yoy (the previous value of 6.3%), retail sales in China in March grew by 10.9% in annual terms (the previous value of + 9.5%), China's GDP in the 1st quarter grew by 6...
The US dollar as a whole is declining today in the foreign exchange market also after Friday's disappointing data on retail sales in the US for March. Retail sales in the US in March declined for the second month in a row, with a two-month dynamics was the worst for more than 2 years...
=== XAUUSD Future predictions from end of training data === Predictions Date High (%Probability) Low (%Probability...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish Last week saw consolidation with a slight rally on Wednesday. A bearish outlook remains while the resistance line at 1...
Credit Agricole CIB Research notes that as President Trump talked down the USD in his interview with WSJ on Wednesday, the subsequent moves in currencies and rates were likely exaggerated by the lighter liquidity conditions...
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EURUSD: With the pair continuing to retain its downside pressure, more weakness is expected in the days ahead. Resistance comes in at 1.0650 level with a cut through here opening the door for more upside towards the 1.0700 level. Further up, resistance lies at the 1...
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First, a review of last week’s forecast: - Seeing that EUR/USD had been oversold, both analysts and technical analysis expected it to bounce up, which is what happened. However, the bullish force in this case was only powerful enough to lift the pair to 1.0690 (as opposed to the expected 1...
Talking Points: As we wait for the Brexit negotiations to begin, it’s crucial to decide whether the two sides will reach an agreement or the UK will leave the EU without a deal. That could mean the difference between GBP/USD at 1.10 or with the pair at 1.50...
YOUR WAY TO SUCCESS 5 simple steps to make the most of your life Attentiveness Keep yourself open minded. If you're stressed take yourself out, get relaxed and come back with a fresh mind. If you are looking for a short link you'll surely fail...
Copy Trading Directly EUR/GBP Take profit hit at 0.8470 | 📌+80 pips profit achieved Check out Trade details Follow us on facebook and twitter...
