USDCAD: With USDCAD turning off its intra day high at 1.3416 level to close lower on Thursday, further downside pressure is likely. While the 1.3416 level caps, our view on the pair remains lower. Resistance resides at the 1.3400 level where a break will target the 1.3450 level...
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and would prefer to fade upticks against the 1.1330 area. A move below our initial downside targets near 1...
It appeared to be that CEO of Euro Pacific Capital and well-known market analyst Peter Schiff was right when he claimed the Fed has never seriously thought of increasing rates. Instead, he suggested we should brace for a QE 4...
W1 price is located to be above 200 period SMA (200-SMA) and near 100 period SMA (100-SMA) on the border between the bullish/ranging condition. The price is moved between the following s/r levels: 1863...
W1 price is located far above yearly Central Pivot at 1.1392: the price is on bullish market condition for ranging between R2 Pivot level at 1.2568 and R3 Pivot level at 1.3352; price is trying to cross R3 Pivot level at 1...
We have closed an order to sale in #EURUSD on a signal of fractal up crossing and opened a long position. Today's U.S. statistics on durable goods orders may give #bulls additional incentives. Find out more by checking out the Source Link...
An upward trend in #USDJPY continues and currently we have an entrance to an order to sale from 119.62. Find out more by checking out the Source Link...
#Euro is rising against its major competitors in #Forex after Ifo reports, which shows the growth of confidence in the German #economy. The single currency remains relatively strong, but everything can change during the American #trading session. Find out more by checking out the Source Link...
A downward #trend in #GPBUSD is gathering pace, but the level of 1.5160 can stop #bears. The data on durable goods orders in the USA will be important for the pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#Bulls in #USDCAD are ready to storm the multi-year high at 1.3353. It's recommended to wait until the #daily #price closes above this level before entering into long positions. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
W1 price is located far below yearly Central Pivot at 0.8556: the price is on bearish market condition for breaking S2 Pivot level at 0.7129 for S3 Pivot level at 0...
H4 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown. The key support/resistance levels for this pair are the following: 1...
Asian #stock #markets recover from Wednesday's drop, which was caused by new signals of #economic slowdown in China. Today, Japan returned to #trading after a series of national holidays and #Nikkei fell by 2.18% as a delayed reaction to the drop of #Volkswagen shares...
W1 price is above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish market condition with the secondary ranging within 23.6% Fibo support level at 2.1172 and Fibo resistance level at 2...
GOLD: The commodity is threatening further strength after closing higher on Wednesday following a loss of downside momentum. However, we think as long as it trades below the 1147/42 zone, risk remains lower in the medium term. Above the mentioned zone will invalidate our downside view...
