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Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, July 19th GBP/USD Current price: 1.3221 (-0.3...
GBPUSD: The Unless the pair breaks and holds above the 1.3480 zone, risk will continue to point lower on more weakness medium term. On the downside, support lies at the 1.3200 level where a break will turn attention to the 1.3150 level. Further down, support lies at the 1.3100 level...
USD: Lower USD For Now. Bearish. We expect USD will weaken in coming weeks as low US yields and a better risk environment support carry trades and commodity currencies. The June minutes and Dudley's remarks suggest the Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
The bigger picture for Gold remains the same with a deeper correction on the table. However, hesitation to break EMA 20 on the daily chart might be an indication of a temporarily recovery ahead. The temporary bullish scenario is even more likely because shorter term charts indicate the same trend...
Last week, E-Mini reached our initial target at 2162, made a high at 2168 and entered into a wave 4 that seems to be complete today in Pre-Market trading...
Dear Traders, The market shrugged off a thwarted coup attempt in Turkey last Friday. While prices slumped significantly towards the end of the previous trading week, most of the currency pairs recovered from their recent losses on early Monday...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, July 18th EUR/USD Current price: 1.1057 (0.2...
Daily price is located above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bearish and the primary bullish trend on the chart. The price is testing 6.7166 resistance level to above for the bullish trend to be continuing with 6...
GOLD: The commodity triggered a corrective weakness the past week leaving risk lower. But it could move a little bit higher in the new week following its Friday close(see daily chart). On the downside, support comes in at the 1,330.00 level where a break will turn attention to the 1,310.00 level...
Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published. For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Neutral This market was flat throughout last week - staying between the resistance line at 1.1150 and the support line at 1.1000...
EURUSD: With the pair rejecting higher price to close almost flat the past week, more weakness is expected in the new week. Support lies at the 1.1000 level. Further down, support comes in at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will target the 1...
First, a review of last week’s forecast: – as to EUR/USD, the forecast for this pair may be considered only partly fulfilled – the experts reckoned that the pair would move in a sideways channel, but only after its sliding down, as a result of which the level of 1...
We are worry that investors have got ahead of themselves wishing for helicopter money in Japan. Indeed, such a policy would likely necessitate legislative changes and political commitment that go well beyond the current Abenomics plans. Copy signals, Trade and Earn $ on Forex4you - https://www...
Daily price is located below 100 SMA/200 SMA reversal zone on the bearish area of the chart for the ranging within the following support/resistance levels: 105.93 resistance located in the beginning of the bear market rally to be started, and 99...
USDCHF: Having the pair closed flat the past week, it remains vulnerable to the downside in the new week. On the downside, support lies at the 0.9750 level. A turn below here will open the door for more weakness towards the 0.9700 level and then the 0.9650 level. Below here will expose the 0...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 29th week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, EURGBP, AUDUSD, NZDUSD, USDCAD and USDZAR...
Why Trenko or Renko ? the answer is simple, to intercept the supports and resistances, look at these pictures and you will understand what I'm talking. First, insert one EMA 120 for trend : You see supports and resistance ? no ? ok, add Trenko (40) like this : Now I see some supports, right...
