When the European market opens, some Economic Data will be released such as PPI m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, Spanish Services PMI, and German Factory Orders m/m. The US will also release the Economic Data such as10-y Bond Auction, IBD/TIPP Economic Optimism, and JOLTS Job […]
In Asia, Japan will release the Household Spending y/y and the US will release some Economic Data such as 10-y Bond Auction, IBD/TIPP Economic Optimism, and JOLTS Job Openings. So there is a probability that the USD/JPY pair will move with a low to medium volatility during this day. TODAY’S TECHNICAL LEVEL: Resistance. 3: 113.88. […]
4-hour timeframe The amplitude of the last 5 days (high-low): 55 p-47 p-58 p-116 p-84 p. The average amplitude for the last 5 days: 72 p (72 p). The first trading day of the week was calm. The EUR/USD currency pair worked the critical Kijun-sen line and could not confidently overcome it. All three indices […]
The pound made a profit, even when the underlying economic data was weaker than expected, as the market preferred to focus instead on signs of progress at the Brexit talks. The currency strengthened on Monday after the Sunday Times reported that Prime Minister Theresa May had made concessions from Brussels to allow her to keep […]
4-hour timeframe The amplitude of the last 5 days (high-low): 62 p-117 p-130 p-276 p-89 p. Average amplitude for the last 5 days: 135 p (130 p). The “Golden days” came for the pound sterling. As it failed to properly adjust, the pound sterling began to increase again, however, it was not yet possible to […]
British Prime Minister Theresa May has made concessions from Brussels that will allow Britain to remain in the customs union and thus avoid the most difficult issue of the Brexit talks, the subject of the Irish border. Now, the customs border will not be held either between Ireland and Northern Ireland, nor between Northern Ireland […]
The renewed sanctions against Iran that existed before the signing of the Joint Comprehensive Action Plan on the Iranian nuclear program in 2015 came into force this night. Under the sanctions in the first place will fall the oil industry of Iran, as well as banking, shipbuilding, and shipping. In addition to the Islamic Republic […]
Iran will sell its oil, despite American sanctions that have affected the vital sectors of the local economy, energy and banking, said Iranian President Hassan Rouhani. “America wanted to cut oil sales in Iran … but we will continue to sell our oil … breaking sanctions,” Rouhani said on state television live. The United States […]
The dollar fell on Monday after three consecutive weeks of growth, investors took profits on the eve of US elections, the result of which could trigger a new rise in volatility in world markets. Despite the sale of the dollar in the second half of last week, hedge funds increased net long positions to the […]
To open long positions on EUR / USD, you need: Buyers failed to get out of the resistance range of 1.1408 in the first half of the day, and it seems that they are about to give up support 1.1373. Only the formation of a false breakdown at this level will be a signal to […]
To open long positions on GBP / USD, you need: Weak data on the service sector in the UK, whose growth slowed down last month, led to a decrease in the pound in the first half of the day, but buyers managed to stay above the support level of 1.2969, which is a very good […]
The Australian dollar paired with the US currency last week jumped to multi-week highs, trying to gain a foothold in the 72nd figure. The reason for this breakthrough was the strong data on the growth of the trade surplus in Australia against the background of the growth dynamics of the manufacturing sector in China. Today, […]
Die yourself, and help out a friend. Not succeeding by the end of October, the British pound extended a helping hand to the critical support of $ 1.13 euros, thanks to the improved political landscape and the hawkish rhetoric of the Bank of England. The successes of the bulls on GBP / USD could be […]
Recently, the EUR/USD pair has been trading downwards. The price tested the level of 1.1367. According to the H1 time – frame, I have found the potential end of the upward correction (expanded flat abc) in the background, which is a sign that buying looks risky. Most recently. I found the breakout of the intraday […]
Overview: Pivot: 0.9951. The USD/CHF pair continues to move upwards from the level of 0.9951. Today, the first support level is currently seen at 0.9951, the price is moving in a bullish channel now. Furthermore, the price has been set above the strong support at the level of 0.9951, which coincides with the daily pivot […]
Overview: Pivot point: 1.3053. The USD/CAD pair continues to move upwards from the level of 1.3053. Last week, the pair rose from the level of 1.3053 (the level of 1.3053 coincides with a ratio of 61.8% Fibonacci retracement) to a top around 1.3140. Today, the first support level is seen at 1.3053 followed by 1.3003, […]
Recently, the AUD/USD pair has been trading sideways at the price of 0.7195. Anyway, according to the M15 time – frame, I have found a potential end of the upward correction (regular flat abc), which is a sign that buying looks risky. The short- term trend is bearish and my advice is to watch for […]
Trading recommendations: According to the H1 time – frame, I found a potential end of the downward correction (expanded flat abc), which is a sign that selling looks risky. The level of $6.346 is the key short – term support and my advice is to watch for buying opportunities around this level. The upward target […]
Trading Plan 05/11/2018 Overall picture of The: the OTHER to Fed and by important events. Since November 5, the United States resumed sanctions against Iran. However, the Europeans and China are still holding the agreement with Iran. It will make it possible to decide whether or not to go for it. to overcome the resistance […]
Wave pattern graphics H4: On the beginning of June 19, the bearish wave forms a stretched plane on the graph. In the daytime wave, this section became a correction (B).This section has become a correction (B). Wave pattern graphics H1: Wave design from October 3 forms a downward zigzag. The wave lacks the final part […]
4h On the 4-hour chart, the Monday trading session began above the correction level of 50.0% at 1.2995. A fixation below the Fibo level of 50.0% will allow traders to rely on the reversal of the pair in favor of the US currency and a slight decline in the direction of the correctional level of […]
GBP / USD pair There are no data points for the US employment rate of 44 points. The intersection point of the correlation of the correlation of the curve with the indicator. It can be deepened to the Fibonacci level of 38.2% at 1.2910. The correction may decline to the support of the MACD line […]
Trend analysis (Fig. 1). On Monday, an upward trend is expected with the first target of 1.1449 – 21 average EMA (black thin line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – up; – volumes – down; – candlestick analysis – down; – trend analysis – up; – […]
AUD/USD In the past two days, the Australian dollar added more than 180 points. The price came out of the 10-month price channel that is moving down, and now it has acquired a new look: Apparently, the “aussie” decided to take part in a big financial game on the occasion of the elections to the […]
EUR/USD Last Friday, the US labor market data was excellent; 250 thousand new jobs were created in the non-agricultural sector in October, the share of the economically active population increased from 62.7% to 62.9%, the average wage increased by 0.2%. At the end of the day, the euro fell by 18 points, but without the […]
To open long positions for EURUSD, it is required: Euro buyers quickly left the market after the release of more than a good report on the US labor market, which continues to show phenomenal performance. At the moment, buyers of the EUR/USD need to return with a consolidation above the resistance of 1.1408, from which […]
To open long positions for GBP/USD, it is required: Today, all the movement of the pound will be formed by the data on the PMI index for the service sector, which will set the direction at the beginning of this week. Buyers of the GBP/USD need a breakout and consolidation above the resistance of 1.3020, […]
Dear colleagues. On the Euro / Dollar pair, the upward structure of October 31 is expected to develop after the breakdown of 1.1424. The pair Pound / Dollar is expected to continue moving up after the breakdown of 1.3020. The pair Dollar / Franc price is still in the zone of initial conditions for the […]
On Monday, the Asian stock market shines red, but the currency market is calm. The pound is the strongest on the foreign exchange market. The UK media reports that Prime Minister May has a secret plan that will ensure an agreement on Brexit and will be approved by the parliament. GBP / USD initially jumped […]
On Monday, the price will move up, with the first goal of 1.3066 – the rolling level of 23.6% (yellow dotted line). Fig. 1 (daily schedule). Comprehensive analysis: – indicator analysis – up; – Fibonacci levels – up; – volumes – up; – candlestick analysis is neutral; – trend analysis – up; – Bollinger lines […]
