USDCHF: Having the pair rejected higher prices to weaken further on Wednesday, further downside pressure is expected in the days ahead. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0.9500 level...
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99.2% Probability Gold Will Reverse From Bullish to Bearish According to the Theory of Runs that I explained in a previous blog (HERE) their is a 99.2% probability that tomorrow Gold will end Bearish with a black falling candle. Here is the Daily chart...
Deutsche Bank: Mixed Message. We expect the tone of the June FOMC statement to be mixed: Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
NZDUSD broke out an old high at 0.705 last week. Since then, it has been showing weak action seen by the stalling prices and high volume, and today, a low volume rally to the breakout’s price...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 15th GBP/USD has recovered slightly after six-day consecutive fall. After visiting nine-week low near area of 1...
For what was once seen as a live meeting, today’s FOMC now carries very little expectation indeed. Money markets now struggle to see a single Fed hike within the next year...
The market will be able to see more clearly once the dust of the ‘Brexit’ vote has settled . Should bond yields stay under downside pressure the consensus will adapt to our view suggesting that demand and supply of capital is undergoing significant shifts which will keep bond yields offered...
GOLD: The commodity continues to hold on to its upside pressure leaving risk of more strength targeting the 1,300.00 level. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...
3 CURRENCY PAIRS MAKE NEW YEARLY LOW THIS WEEK EURCHF EURJPY GBPJPY see charts attached as comments...
Several argument for a lower EUR/USD near term…: Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 Relative rates: still in favour of USD. A Brexit will weigh on EUR/USD given prolonged political uncertainty...
Trading recommendations Buy above 1.2860 level. Stop-Loss 1.2810. Take-Profit 1.2900, 1.2955, 1.3100, 1.3185, 1.3300 Sell Stop 1.2810. Stop-Loss 1.2860. Take-Profit 1.2755, 1.2635, 1.2525, 1.2500, 1...
GBPUSD: The pair has paused its weakness at its key support leaving risk of a return to the upside on the cards. Except it breaks and holds below the 1.4130 level, risk of a move higher on correction is likely. On the downside, support lies at the 1...
Euro bears have already profited from today’s decline as the euro fell 60 pips from our short-entry. The euro will now need to break significantly below the crucial support-level at 1.12 in order to invigorate further bearish momentum. Below 1.1180 we expect the EUR/USD to slide towards 1.1140...
EUR/USD: Neutral: Bearish if daily closing below 1.1200. While the downward momentum has eased somewhat after the rebound from the low of 1.1231 yesterday, the undertone for EUR is still weak and the immediate risk is tilted to the downside...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 14th GBP/USD is trading in bearish trend this morning as UK referendum is coming closer. The pair continues to be heavy weighted as less than 10 days are left till UKs major event...
Hi traders, GBP/USD can go anywhere, so better wait patiently at major of Support or Resistance. I hope GBP/USD could meet major Support. Let the markets to decide it. We just need to wait...
The USD remains a bullish currency in the longer-term, however the latest NFP report in addition to Brexit contagion risks, have seen bearish sentiment on the USD. Whether this USD sell-off continues or not will depend on incoming data and Fed’s members perspective of that data...
