Technical and Market Analysis by Vistabrokers - page 64

 

Market Outlook According to Bill Williams System: GBP/USD

According to the results of today's BOE meeting, pessimistic market participants intensified.

This led to a sharp decrease in GPB/USD quotations. Read more at Technical Analysis of Vistabrokers.

 

Oil Moves Upward

Oil futures are recovering after declining by more than 2% on Thursday amid a strong U.S. dollar.

This week was very volatile for the "black gold". The dollar received support after the speech of Janet Yellen. Discover more at Fundamental Analysis of Vistabrokers.

 

GBP / USD. Bank of England Surprised Again

The Bank of England s

howed

that

it is

in no hurry to tighten

the

monetary policy, and the risks

for

the economy only gro

w

.

This gives a strong fundamental basis for sales

of GPB/USD

, however,

there are still so many

obstacles of a technical nature on the way

of

bears.

Read more at

Technical Analysis of Vistabrokers.

 

USD / CAD. What's Next? Statistics Will Decide

A

figure of trend continuation "pennant"

was formed in USD/CAD

,

and it

can be implemented after the release of

the

employment data in the US

A

and Canada.

It is recommended to wait for

these data

,

placing pending breakout orders. Discover more at

Technical Analysis of Vistabrokers.

 

Dollar Rose after Strong Employment Data

The dollar rose vs. major competitors to seven-month highs. The U.S. economy had added 271,000 jobs, which far exceeded the expected 180 000.

It was a signal the market had expected to finally make sure: the Fed will increase the rate in December. Read more Fundamental Analysis of Vistabrokers.

Latest Premier Market Analysis: stock market news, financial updates and Forex Market analysis, etc.
 

GOLD. Investors Turned Away from Gold

A d

ownward movement of

Gold

continued with renewed vigor.

Q

uotes

have left

a

rising price channel

of the

last

few

month

s

down, confidently passing a number of important support levels.

Trend indicators also confirm the downtrend.

Discover more at

Technical Analysis of Vistabrokers.

Breaking news on Technical Analysis of different instruments. Find the latest articles, opinions and researches.
 

USD / JPY. Upward Trend Is Confirmed

Q

uotes

of USD/JPY have sharply moved

to new highs

after surprisingly positive

statistics on employment in the United States.

It is recommended to hold long positions with the

target

of 125.25,

where earlier the last downward impulse has started,

and then - to thirteen-year highs.

Read more at

Technical Analysis of Vistabrokers.

Breaking news on Technical Analysis of different instruments. Find the latest articles, opinions and researches.
 

What Economic Events Are Key this Week (November 9 - 13)?

This week, Friday will be the busiest day again, when the USA will release another piece of important statistics, which can serve as proof of the Fed rate hike in December.

What are this week key economic events? Find them all at Fundamental Analysis of Vistabrokers.

Latest Premier Market Analysis: stock market news, financial updates and Forex Market analysis, etc.
 

Brief Asian Session Review by Vistabrokers

Weak statistics from China has affected all the financial markets. Asian stocks went down immediately after the publication, but later they rebounded.

Gold rose slightly, as weak data could mean new rounds of stimulus by PBOC. Read more at Fundamental Analysis of Vistabrokers.

Latest Premier Market Analysis: stock market news, financial updates and Forex Market analysis, etc.
 

EUR / USD. With View to 1.0460

We state

another

downward momentum

within

the current price channel

in EUR/USD

.

Both fundamental and technical backgrounds

show overwhelming power

of

sellers,

and the pair is trading near

more than six-month

lows. Discover more at

Technical Analysis of Vistabrokers.

Breaking news on Technical Analysis of different instruments. Find the latest articles, opinions and researches.
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