Technical and Market Analysis by Vistabrokers - page 55

 

GOLD. Bulls

Are S

et

S

eriously

Gold is rising as investors temporary lost their risk appetite, and it seems that bulls are in a forceful mood.

We should

pay attention to

already formed

chart pattern "triangle",

borders of which quotes will leave sooner or later. Discover more at

Technical Analysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

Gold is under pressure prior to speeches of two senior Fed officials, Dudley and Evans.

Recently, gold rarely shows strong fluctuations, as the situation with a possible rate increase remains uncertain The possibility of the rate hike is bearish for the precious metal. Discover more at Fundamental Analysis of Vista Brokers.

 

Market Outlook According to Bill Williams System: USD/JPY

We have fixed a small loss on a long position in USD/JPY on a signal of the bar closure below the red Alligator's line.

At the moment, fractals are rather far the current price level. Discover more at TechnicalAnalysis of Vista Brokers.

 

Market Outlook According to Bill Williams System: EUR/USD

We have moved pending orders in EUR/USD to extremes of newly created fractals, closer to the price.

The price dynamics is quite sluggish yet, but everything can change during the U.S. session. Find out more at TechnicalAnalysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

Stocks are under pressure prior to long holidays in China and because of prospects of the Fed rate hike.

All major Asian indices were falling during Tuesday's trading session. Gold is flat after a significant overnight drop. Discover more at Fundamental Analysis of Vista Brokers.

 

USD / JPY.

F

alse

B

reakout and

R

eversa

l

An upward

movement

in USD/JPY was

not confirmed

and it

dealt a serious blow to bulls.

It is recommended to wait for

a

daily candle

to close

below 119.21 before opening short positions.

Find out more at

Technical Analysis of Vista Brokers.

 

USD / CAD.

Close to N

ew

F

rontiers

Amid

another round of oil prices decline, loonie

has

dipped significantly against the U.S. dollar.

As a result,

USD/CAD has

tested an

11

-year high. Further dynamics of

the pair will be influenced with

tomorrow'

s

GDP data for Canada

. Read more at

TechnicalAnalysis of Vista Brokers.

 

Oil Is Recovering After Drop

Oil futures are rising in price after a significant decline, caused by new signals of economic slowdown in China.

It should be noted that today, API will publish the data on the U.S. crude oil inventories changing, and this statistics traditionally affects quotes. Read more at Fundamental Analysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

Chinese stock markets finished their last trading session before long holidays with growth of all major indices.

Oil dropped sharply after yesterday's unexpected API data on U.S. crude oil inventories. Discover more at Fundamental Analysis of Vista Brokers.

 

EUR / USD. Everyday Life in Triangle

EUR/USD

is in

the middle

of a

trading range called "descending triangle".

It is recommended to wait for quotes

to leave

the pattern

borders

, before proceeding to action.

Discover more at

Technical Analysis of Vista Brokers.