Technical and Market Analysis by Vistabrokers - page 53

 

What Economic Events Are Key this Week (September 21 - 25)?

Traders will expect PMI data to be published in the euro zone and China.

Also some very important statistical reports will be released on Thursday in the USA. Discover more at Fundamental Analysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

Aussie is rising after positive statistics, but the dollar is strengthening against a basket of major currencies.

It seems that investors have experienced the Fed's decision to leave the interest rate unchanged, and prefer to live on. Oil is falling ahead of the API report. Read more at Fundamental Analysis of Vista Brokers.

 

USD / JPY. Investors

Are in a Brown Study

USD/JPY still

suffers from the

August collapse

amid

concerns

in relation to the Chinese economy,

although t

he situation has

somewhat s

tabilized

.

Currently it's

recommended to place

open

breakout

orders on the nearest support and resistance levels.

Read more at

Technical Analysis of Vista Brokers.

 

EUR / USD. Bears

T

ake

Cherry

Bears in EUR/USD took

the situation in the pair in their paws s

ince

the beginning of the week.

It has

led to

a

sudden break

out

of

a

line

of a

short-term rising channel. Currently

the

reduction occurs in the downward channel

borders

.

Find out more at

Technical Analysis of Vista Brokers.

 

Vista Brokers: European Stock Markets Are under Pressure

European markets are falling on Tuesday. The leader of decline is Volkswagen, which is at the center of the scandal with environmental pollution.

Mining shares also actively reduce, as precious metals are under pressure. Discover more at Fundamental Analysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

Chinese manufacturing PMI has declined to its lowest level in 6.5 years.

Disappointing statistics had an impact on all the financial markets. Discover more at Fundamental Analysis of Vista Brokers.

 

Vista Brokers: Is Dollar Overvalued?

It seems that hopes for the Fed's interest rate hike are to strong to die after the September meeting.

Although many analysts believe that the U.S. currency is overvalued against the euro and the yen. Read more atFundamental Analysis of Vista Brokers.

 

Market Outlook According to Bill Williams System: GOLD

We continue to hold a short position in Gold, despite that quotes almost returned to the opening price area.

Meanwhile, some additional signals were formed. Read more at TechnicalAnalysis of Vista Brokers.

 

Market Outlook According to Bill Williams System: USD/JPY

We have a status quo again in USD/JPY, and have breakout orders at the nearest fractals levels.

Recall that orders must be moved if new, more relevant fractals appear closer to the price. Find out more at TechnicalAnalysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

Asian stock markets recover from Wednesday's drop, which was caused by new signals of economic slowdown in China.

Today, Japan returned to trading after a series of national holidays and Nikkei fell by 2.18% as a delayed reaction to the drop of Volkswagen shares. Read more at Fundamental Analysis of Vista Brokers.

Reason: