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Chart: https://bi0l.blogspot.com/2018/06/gbpusd-weekly-forecast-technical-side_11.html (Side of bulls). For purchases, subject to a turn from (up H4 / key levels), the target levels may be equal (R1W1 / R2W1 / R3W1). (Bear side...
Chart: https://bi0l.blogspot.com/2018/06/eurusd-weekly-forecast-technical-side.html (Side of bulls). For purchases under the condition of forming a turn down (down D1 broken), the targets are level (down D1) from the breakdown option up to (R1W1-R3W1). (Bear side...
Chart: https://bi0l.blogspot.com/2018/06/usdchf-weekly-forecast-technical-side_11.html (Side of bulls). For purchases, under condition of breakdown above (down H4), the targets are (2-key resistance levels / R1W1 / R2W1 / down D1) with the breakdown option up to (R3W1 / down MN). (Bear side...
Chart: https://bi0l.blogspot.com/2018/06/usdjpy-weekly-forecast-technical-side.html (Side of bulls). For congested purchasing positions, if the probability is higher than (R2W1), targets can be equal (R3W1 / down W1...
Weak bounce. (By Peter Rosenstreich) • AUD/USD has weakened near the resistance at 0.7652 breaking the hourly support at 0.7595 (07/06/2018 low). Break of the strong resistance...
Weak bounce. (By Peter Rosenstreich) • AUD/USD has weakened near the resistance at 0.7652 breaking the hourly support at 0.7595 (07/06/2018 low). Break of the strong resistance...
Choppy consolidation. (By Peter Rosenstreich) • USD/CAD has successfully bounced off uptrend support, approaching key downtrend resistance. Hourly support and resistance are...
Bouncing. (By Peter Rosenstreich) • USD/CHF displayed some buying interest near the support at 0.9778 (downtrend line support) yesterday. However, prices need to break the...
Sharp spike. (By Peter Rosenstreich) • USD/JPY continues to rise after its bullish reversal pattern from 108.39 (31/05/2018 low). Strong support and resistance are located at...
Bouncing. (By Peter Rosenstreich) • GBP/USD has bounced near the support yet the resistance at 1.3458 has thus far not been decisively broken. Key support and resistance...
Bouncing further. (By Peter Rosenstreich) • EUR/USD has broken the resistance at 1.1736 leading to renewed buying pressure. The shortterm trend remains negative as long as prices...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 11th The EUR/USD pair regained its bullish tone this Monday, while again having broken through the level of 1.1800 in Asia...
Good Morning Hunting Fox ... 😁 Happy Monday yaaaa ... Happy Money Day ... 🤑💰 Okay ... For all of us who are still on the move, let's make our trading preparation at the beginning of this third week. Today's data is not so much and nothing I mark. So, my today's Trading Plan are...
EURUSD: The pair faces further recovery higher having closed higher the past week. On the upside, resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1...
First, a review of last week’s forecast: - EUR/USD. The basic forecast for this pair, supported by the majority of analysts, assumed its growth to the zone of 1.1800-1.1830. The pair went up indeed, fixing the week's high at 1.1839...
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The European Central Bank meeting next Thursday will indicate the end of asset purchases. Council members say that if inflation remains stable, bond buying should be taper. We think that markets are focused on the pure economic data...
Global equities took a hit on the last trading day of the week as investors reallocates their portfolio toward less risky assets. The move was similar in the FX market with the US dollar extending gains against most of its peers, with the exception of the Japanese yen (up 0...
The focus of traders at the end of the week is the G7 meeting. Leaders of the G-7 countries are due to meet in Québec on Friday for a two-day meeting, during which the issues of trade relations will be discussed after the introduction of the US import duties on steel and aluminum...
