US stocks and the US dollar look poised to resume their uptrends. This means lower levels for the EUR/USD, and the technical pictures supports this. The EUR/USD has appeared to have to topped as projected last week. It has followed the channel resistance well so far...
The Euro turned lower against the British Pound as expected after producing a Shooting Star candlestick below the 0.74 figure. A daily close below the 23.6% Fibonacci expansionat 0.7149 exposes 38.2% level at 0.7005. Alternatively, a move above the 14.6% Fib at 0...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/CHF, and NZD/USD. EUR/USD: remains rangebound with no clear direction. Intraday moves are quite volatile due to a lack of liquidity, and this is likely to continue for a while...
Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 122.02 resistance and 118.23 support on W1 timeframe with good signal for the secondary correction to be started within the primary bullish on open weekly bar...
US Dollar - "Moderated rate expectations reinforced by tepid data, but it’s capability as a fundamental driver is diminished considering the time frame yields imply and the persistent buoyancy of the Dollar – a rate hike may come later but it is still a hike among QE programs...
D1 price is on primary bearish with secondary bear market rally with good breakout which was started in the beginning of the previous week: The price is located below Ichimoku cloud/kumo and near Senkou Span A line (which is the virtual border between the primary bullish and the primary bearish o...
In its weekly note to clients, JP Morgan outlines its baseline views on the dollar and oil as follows...
The British Pound rose for a fourth consecutive day against the Japanese Yen, with prices now eyeing resistance above the 178.00 figure. Near-term resistance is at 178.74, the 38.2% Fibonacci retracement, with a break above that on a daily closing basis exposing the 50% level at 179.94...
Chart USDJPY H1 : https://www.mql5.com/en/charts/3320652/usdjpy-h1-forex-ltd For the past day a course accomplished the correction of trend-lines again, with the terms of realization of primary purposes of correction positions...
Chart GBPUSD H1 : https://www.mql5.com/en/charts/3320647/gbpusd-h1-forex-ltd Pre-arranged purchases were realized with the achievement of the primary supposed purposes and subsequent return of course...
Chart USDCHF H1: https://www.mql5.com/en/charts/3320639/usdchf-h1-forex-ltd The pre-arranged sales were realized with the achievementof the supposed aims and subsequent hasp of the dailyDown- trend...
Chart EURUSD H1 : https://www.mql5.com/en/charts/3320627/eurusd-h1-forex-ltd At the beginning of past trade day the pre-arrangedpurchases attained the primary supposed purposes with the next return of course and hasp of Up- of trend...
Tenkan-sen line is below Kijun-sen line of Ichimoku indicator on W1 timeframe with 1.0461 support level for primary bearish market condition. AbsoluteStrength indicator and TrendStrength indicators are marking for ranging market condition to be started in the middle of the March for weekly price...
In this article I will provide my view on the EUR/NZD, AUD/CHF and the AUD/NZD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
Tenkan-sen line is below Kijun-sen line of Ichimoku indicator on W1 timeframe with 0.7532 support level and 0.7937 resistance level to be ranging within the primary bearish market condition on W1 timeframe...
Tenkan-sen line is above Kijun-sen line of Ichimoku indicator on W1 timeframe with 1.2362 support level to be broken from above to below on open W1 bar within the bullish market condition for possible secondary correction...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my Review on the Hybrid Grid strategy...
adt_fx FX Outlook 2015 – General (Weekly) Update – 18 April 2015 No Change. Still expecting to lower EURUSD target to below Parity. Despite relative AUD strength last week, prefer NZ export composition and soft commodities generally and also expect to lower AUDNZD target to below Parity...
