Technical Analysis of USDX for April 19, 2016 The Dollar index finally shows the deeper pullback I was expecting towards the important short-term support of 94.20. The bullish reversal scenario is valid as long as the price remains above 93.60...
Analytics & Forecasts
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19 April 2016, 11:09 #technical analysis
Elliott Wave Analysis of EUR/NZD for April 19 - 2016 Wave summary: EUR/NZD keeps moving lower and the break below support at 1.6229 tells us that the correction in wave [ii] is not over yet as expected...
Analytics & Forecasts
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19 April 2016, 11:04
Technical Analysis of USD/CHF for April 19, 2016 USD/CHF is expected to trade with a bearish bias. The pair is turning down and stays below its key resistance at 0.9685. The descending 20-period moving average has crossed below the 50-period one, which also maintains a negative bias...
Analytics & Forecasts
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19 April 2016, 11:01 #usdchf, technical analysis
Elliott Wave Analysis of EUR/JPY for April 19 - 2016 Wave summary: With yesterday's low at 121.69, we now have 11 overlapping waves lower from 141.06. A count of 11 overlapping waves is corrective and indicates a bottom could be close by or maybe even in place. The corrective decline began at 149...
Analytics & Forecasts
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19 April 2016, 10:55
Technical Analysis of NZD/USD for April 19, 2016 NZD/USD is expected to continue its upside movement. The pair remains on the upside, supported by its rising 20-period and 50-period moving averages. The sequence of higher highs and lows remains intact...
Analytics & Forecasts
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19 April 2016, 10:52 #nzdusd, technical analysis
Technical Analysis of GBP/CHF for April 19, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.3785/90 levels for now, looking to form a top and reverse lower, at least towards 1.3550/1.3600 levels before finding support...
Analytics & Forecasts
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19 April 2016, 10:48 #gbpchf, technical analysis
Technical Analysis of GBP/JPY for April 19, 2016 GBPY/JPY is expected to trade in a higher range and the pair is expected to continue its upside movement. The pair is turning up and is supported by its rising 20-period moving average. Meanwhile, the relative strength index stays above 50...
Analytics & Forecasts
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19 April 2016, 10:43 #technical analysis
Technical Analysis of EUR/JPY for April 19, 2016 Technical outlook and chart setups: The EUR/JPY pair is trading around 123.50 levels for now, preparing to rally towards 125.75 levels. Please note that fibonacci 0.618 resistance is also passing through 125...
Analytics & Forecasts
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19 April 2016, 10:40 #technical analysis
Technical Analysis of Silver for April 19, 2016 Technical outlook and chart setups: Silver is seen to be trading at $16.20/25 levels for now, looking to drop lower towards $14.50/60 levels before turning bullish again...
Analytics & Forecasts
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19 April 2016, 10:37 #silver, technical analysis
Technical Analysis of Gold for April 19, 2016 Technical outlook and chart setups: Gold prices are seen to be trading at $1,233.00/34.00 levels for now, looking to rally towards $1,247.00 levels to complete the countertrend rally. Please note that the metal is expected to reverse lower from $1,247...
Analytics & Forecasts
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19 April 2016, 10:35 #gold, technical analysis