Technical and Market Analysis by Vistabrokers - page 60

 

EUR / USD Reached First Reduction Targets

EUR/USD

dec

line

continues and as a result, the first support levels were reached

.

The single currency remains under pressure after the press conference of the

ECB's head,

Mario Draghi

. Discover more at

Technical Analysis of Vistabrokers.

 

What Economic Events Are Key this Week (October 26 - 30)?

During this week, several major central banks will hold their meetings and take decisions on the monetary policy.

Also, traders will expect several interesting publications of macroeconomic statistics. Find the most important events of this week at Fundamental Analysis of Vistabrokers.

 

Market Outlook According to Bill Williams System: GOLD

We fixed a result of a long position in Gold after the price has crossed a level of oppositely directed fractal at 1162.58, where we went short.

Later some additional signals were formed. Find out more at Technical Analysis of Vistabrokers.

 

Market Outlook According to Bill Williams System: GBP/USD

We continue to hold a short position in GPB/USD, having some additional signals from indicators.

The value of the Alligator's teeth has moved to conditionally profitable zone. Discover more at Technical Analysis of Vistabrokers.

 

Oil Fell Down Again

Oil is falling again. The strong pressure on quotes still has unfavorable data on the growth of oil reserves in the USA.

As a result, WTI broke the support level and fell to its lowest level in nine weeks. Read more at Fundamental Analysis of Vistabrokers.

 

USD / CAD Goes as Planned

After a reversal pattern "head and shoulders" has been successfully formed, an upward trend in USD/CAD develops its course.

It is recommended to hold long positions until an upward price channel is relevant. And don't forget about the fundamental background. Read more at Technical Analysis of Vistabrokers.

 

GBP / USD. Payoff Is Close

The dynamics of GPB/USD is limited with two converging lines, each of which gives the direction of current trends.

Meanwhile, trend indicators do not give a clear idea about the current dynamics. Find out more at Technical Analysis of Vistabrokers.

 

Results of Fed Meeting Are in Focus

Today the most anticipated event of the week will be held - the announcement of results of the Fed meeting.

Most market participants expect the Fed to leave its key interest rate unchanged. But many of the financial instruments can not determine with the direction. Read more at Fundamental Analysis of Vistabrokers.

 

GOLD. In Anticipation of Fed Meeting

In recent days,

G

old prices fell slightly.

The retracement goes

with

in a downward channel, and only output beyond

its borders

up may give

a reason to buy again

.

It is recommended to wait for a break

out of a

next resistance level before opening long positions.

Discover more at

Technical Analysis of Vistabrokers.

 

USD / JPY Goes Back to Familiar Levels

Quotes

of USD/JPY have

returned to the familiar trading range, canceling options to purchase.

It seems that

ahead of the

Fed meeting today, nobody wants to take risks, and therefore, it is

better

to wait a little more.

Find out more at

Technical Analysis of Vistabrokers.

Reason: