AUDUSD: A follow-through lower on the back of two rejection candle formations on Monday has cleared the way for more weakness in the days ahead. On the upside, resistance lies at the 0.7150 level. A cut through here will turn attention to the 0.7200 level and then the 0...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Selling interest ahead of resistance near 1.1475 has encouraged us to adopt a more bearish view...
Ichimoku analysis. Weekly price is on ranging market condition floating to be inside Ichimoku cloud on the border between the primary bullish and the primary bearish trend on the chart. The key reversal s/r levels for the price to choose the direction are the following: 2132...
Analysts at Goldman Sachs predict the S&P 500 will rise to 2,100 by the end of this year, partly because of the Federal Reserve’s decision last week to keep interest rates unchanged, near zero...
Current trend Last week, the GBP strengthened significantly against the USD amid a decline in investor demand for the American currency and favorable labor market and retail sales statistics, released in the UK. On the contrary, the US published weak construction and key indices data...
Occam's razor says the S&P 500 dropped its long-term uptrend in late August, meaning it is now in a downtrend...
Crude oil inched higher in early Asia on Monday as investors focused on prospects for growth-driven demand in China and Europe in data sets later this week. On the New York Mercantile Exchange, crude oil for delivery in November rose 0.14% to $45.09 a barrel...
I had mentioned in the previous post about the improbability of a price rise in eurusd. https://www.mql5.com/en/blogs/post/649455. Even in the analysis of the gold price movement,https://www.mql5...
What #economic #events are key this week (September 21 – 25)? #Traders will expect PMI data to be published in the euro zone and China. Also some very important statistical reports will be released on Thursday in the USA. Find out more by checking out the Source Link...
GBPJPY Sideways, Beware Area 188.80 or 185.00 - Bias for GBPJPY still tend sideways movement with the potential movement seen among 185.00 area (MA 100) - 188.80 (MA 200) in the 4 hours chart, it is necessary to penetrate one side to get further instructions. To the downside, before aiming to 185...
Compared with the previous week, this week's economic calendar is lighter. High volatility is not expected due to the absence of heavyweight reports. However, several important speeches will be closely monitored...
Gold Bullish, Beware Stochastic overbought at H4 - Bias potential for the movement of gold is still bullish for today, especially for the price moves above the signal MA 50-100-200 in the 4 hours chart...
To Stronger, Sterling Need Skip 1.5560 - Sterling began to rise after the open gap down in trading today, but to rise further, the British currency must pass through 1.5560 resistance. MACD and stochastic indicators are moving down put pressure on sterling. A further decline to test 1...
Euro Rebound, Resistance 1.1330 - Stochastic indicator which is in overbought territory and provide an opportunity to move up the euro rebound. However the MACD moving down is likely to limit the strengthening of the euro...
#EURUSD suffers from sentiment changing of #market players. It seemed that #bulls have the situation under control after the Fed's decision announcement, but now the support line is tested. Find out more by checking out the Source Link...
Canadian dollar is still weak due to the negative dynamics of #oil prices. It's recommended to wait until #USDCAD will reach August highs. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 21st NZD/USD is lower after a downbeat consumer sentiment report. NZD/USD opened trades at 0.6396 and fell to 0...
