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EURUSD: Although EURUSD closed higher on recovery on Wednesday and followed through higher during early Thursday trading, it faces downside risk below its declining trendline. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1...
Analytics & Forecasts
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FXTechstrategy.com, 23 June 2016, 03:35
'Remain' odds are falling at the bookies, cable not following There's a high correlation between cable and the odds of a 'remain' vote over the past week. However the odds have fallen in the past few hours and GBP/USD hasn't reacted...
Trading Systems
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Sherif Hasan, 22 June 2016, 20:14
EUR/USD is caught in the crossfire between central bankers from both sides of the Atlantic but also on the upcoming EU Referendum in the UK. The week began with a big leap – the better polls for Bremain pushed the pair higher with a weekend gap but the picture has been mixed since then...
Forecasts
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Sherif Hasan, 22 June 2016, 19:14 #EUR/USD
While most of the Brexit focus is on the pound, the euro gets carried away with Brexit talk and the yen is a safe haven currency...
Trading Systems
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Sherif Hasan, 22 June 2016, 19:12 #usd/jpy, EUR/USD
With the referendum vote over the UK’s future membership of the EU being held on Thursday, traders are preparing for the possibility that the UK electorate will vote to leave the EU...
Trading Systems
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Sherif Hasan, 22 June 2016, 19:09
GBPUSD GBPUSD is trading higher in front of the Brexit vote. This move up is close to completing a five wave structure from blue wave B lows. For now we still expect a minor pullback in red wave 4) and a push up in red wave 5 to around 1.4840 area...
Trading Systems
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Sherif Hasan, 22 June 2016, 19:06
Below is usdjpy H1 chart. Ichimoku kinko hyo, heiken ashi and fibonacci retracement are showed in chart. Chikou span is touching historical candle. And now candle is moving over senkou span A. Next resistance level is located at fibonacci 38.2% retracement...
Analytics & Forecasts
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Chang Suk Chung, 22 June 2016, 18:34 #Fibonacci, Ichimoku
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 22nd GBP/USD remains nervous last days awaiting outcome of UK referendum despite the latest polls results showing favor in “Remain” camp...
Analytics & Forecasts
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EEAnalytics, 22 June 2016, 12:27
EUR/USD: We are cautiously bullish and look for a move higher towards initial targets near 1.1420. A move above would point towards the 1.1505 area next. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 USD/JPY: No change...
Retracing the declines this week The USDJPY has traded to new session highs in the last 20 or so minutes and also gets close to retracing the falls from yesterday (into today). The highs from yesterday at 104.79 and 104.836 (also the high from Friday at 104...
Trading Systems
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Sherif Hasan, 21 June 2016, 20:31
S Crude Oil Inventories measures the change in the number of crude barrels held in inventory. The report is published each week. A reading which is higher than the market forecast is bullish for USD/CAD. Here are all the details, and 5 possible outcomes for USD/CAD...
Trading Systems
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Sherif Hasan, 21 June 2016, 18:45 #usd/cad, crude oil
EURUSD Daily Analysis URUSD (1.133): EURUSD closed bearish following the up gap on Monday as prices failed to break above the resistance near 1.140 – 1.1380. The ranging price action is likely to continue in the near term with the downside to 1.1294 – 1...
Trading Systems
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Sherif Hasan, 21 June 2016, 18:43 #xauusd
The pound is not alone in its reactions to the British EU Referendum. After all, it’s the EU and the euro-zone at stake here...
Trading Systems
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Sherif Hasan, 21 June 2016, 18:39