Daily trading forecasts (June 19, 2013)
June 19, 2013 10:00 amVideo
Latest News
- Analysis for GBP/USD on April 16th. The pound should not count on support from Powell April 16, 2024
- Analysis for EUR/USD on April 16th. The southern trend has been put on pause for correction April 16, 2024
- USD/JPY: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- GBP/USD: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- Trading Signals for GBP/USD for April 16-18, 2024: buy above 1.2405 or 1.2450 (21 SMA – 0/8 Murray) April 16, 2024
- EUR/USD: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- AUD/USD: Australian dollar remains under pressure April 16, 2024
- GBP/USD: trading plan for the US session on April 16th (analysis of morning deals). The pound was quickly bought back around April 16, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 16-18, 2024: buy above $62,500 (4/8 Murray – 21 SMA) April 16, 2024
- Technical Analysis – USDCAD blossoms ahead of central bank speeches April 16, 2024
- EUR/USD: trading plan for the US session on April 16th (analysis of morning deals). Fewer people are willing to sell euro April 16, 2024
- EUR/USD. April 16th. Bears continue to advance against the backdrop of strong US statistics April 16, 2024
- Euro, sterling extend weakness April 16, 2024
- GBP/USD. April 16th. British statistics didn’t capture traders’ attention April 16, 2024
- Technical Analysis – EURCHF ticks up after strong losses April 16, 2024
- Technical Analysis – JP 225 index tests crucial support zone April 16, 2024
- Market Comment – Stocks slide, dollar soars as rate cut bets take another hit April 16, 2024
- Forex forecast 04/16/2024: EUR/USD, USDX, Gold and SP500 from Sebastian Seliga April 16, 2024
- GBP/USD: trading tips for beginners for European session on April 16 April 16, 2024
- EUR/USD: trading tips for beginners for European session on April 16 April 16, 2024
EURUSD: The EURUSD pair is still in a bullish mode, as suggested by the indicators on the chart. The price line at 1.3400 is a forgone conclusion: the pair would soon be trading above it as it goes towards the resistance line at 1.3450. It is suggested that one should only seek to go long.
USDCHF: This pair has been consolidating to the downside in the context of a downtrend. The downtrend is still very much valid and it is assumed that when significant moves resume, they would be in the direction of the downtrend. The support level of 0.9150 is being looked forward to.
GBPUSD: This instrument has experienced a serious pull-down which could potentially jeopardize the extant primary trend (which is a bullish trend). The RSI period 14 has gone below the level 50, though the EMAs still support a bullish outlook. Since there are mixed signals on the chart, it is better to wait for a clearer direction before taking a trading decision.
USDJPY: There is a clean ‘sell’ signal on this chart, following the recent short-term rally on the market. The RSI and the EMA both support the bearish outlook and it is nice to seek a short trade now. There is a barrier at 95.00, but the price would soon be trading below it.
EURJPY: The serious threat that happened against the major trend has been a harbinger of a clean ‘sell’ signal – as supported by the indicators. The cross went upwards by over 200 pips this week, but it should probably give up the gains before the end of the week.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: