XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is getting closer to the chart, Ichimoku Cloud is moving downwards, and the price is on Kijun-Sen...
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price...
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are intersecting below Kumo Cloud and forming “Golden Cross” (1). Ichimoku Cloud is heading down (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect resistance from the cloud’s upper border...
At the H4 chart of USD JPY, the upper Window provides resistance. Engulfing Bearish and Evening Star patterns indicated a descending movement. Three Line Break chart shows that the descending correction continues; Heiken Ashi candlesticks confirm a bullish pullback...
The H4 chart of EUR USD shows a bullish tendency. Engulfing Bearish and Harami patterns indicate a bearish pullback. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction...
2014-12-04 13:30 GMT | [USD - Non-Farm Employment Change] past data is 271K forecast data is 200K actual data is 211K according to the latest press release [USD - Non-Farm Employment Change]= Change in the number of employed people during the previous month, excluding the farming industry...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders...
GOLD: Having halted its broader weakness on a long-tailed candle formation on Thursday, GOLD looks to build up on its corrective pressure. While the commodity holds and trades above the 1046.30 level, recovery threat is expected. On the upside, resistance resides at the 1070...
Trading recommendations and Technical Analysis – HERE! The consumer confidence index in November rose (42,6 against the forecast of 41.8 and 41.5 in the previous month). Wages in Japan in October in annual terms grew by 0.7% (vs. forecast for 0.4% and 0.4% in the previous month...
Morgan Stanley made a forecast for GBP/JPY estimated long-term bearish condition for this pair with 161.00 in 2016. From the technical point of view - the weekly price is in bullish market condition for the ranging within R1 Pivot at 194.89 and Central Pivot at 179.38...
Talking Points: CADJPY Technical Strategy: Bearish Elliottwave Count: Flat Correction for wave c of b Upcoming major events: CAD – Employment Change (Nov), CAD-Ivey PMI (Nov) We are tracking two count at this moment...
As we are going to have USD - Non-Farm Employment Change news event today so The Royal Bank of Scotland made fundamental forecast related to this news event with the connection with the most attractive pairs to trade in any situation concerning the actual data for NFP for example...
The second shoulder of the hypothetical reversal pattern "head and shoulders" in #USDJPY was almost completely formed. We are waiting to see the last condition - the breakout of the "neckline." Find out more by checking out the Source Link...
#EURUSD rose by more than 3% after the ECB meeting- the highest daily growth over the past few years. Many short positions were closed and the downward channel is no longer relevant, but purchases do not look reasonable yet. Find out more by checking out the Source Link...
Federal Reserve Chair Janet Yellen is going to be a slightly more optimistic about the U.S. economy added that there are risk of delaying the start of rate hikes as she said at the Economic Club of Washington: the U.S...
Asian #markets are down, reacting to yesterday's meeting of the European Central Bank. The central bank decided to cut the #deposit #rate deeper into negative territory. Mario Draghi announced the intention to continue the asset repurchase program at least until March 2017...
EUR/USD (D1): breakout on reversal. The price is located near and below 100 day SMA (100 SMA) and 200 day SMA (200 SMA) in the primary bearish market condition with the secondary bear market rally with breakout within the following key reversal support/resistance levels: 1...
GBPUSD: Having GBPUSD rallied on bullish momentum on Thursday, it now targets the 1.5200 level on further bullish offensive. With that said, resistance stands at the 1.5200 levels with a turn above here allowing more strength to build up towards the 1.5250 level...
