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...
On August 11th, 2015, China changed the way the way the reference rate was calculated. This had immediate and long-term effects on the exchange rates of just about every currency...
After the weeks of the financial tension around the world, after Janet Yellen and Mario Draghi made their respective declarations we have again what we have had since March, a 'hope' for an increase in the interest rates from the Federal Reserve of USA, and a 'creepy' european situation that does...
Kit Juckes, global strategist at Société Générale, has noted that for the past two months, the movements of the world's reserve currency - the U.S. dollar - have been extraordinary...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and USD/CHF as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our initial downside targets near 1.1085 would confirm downside traction. Our next targets are towards the 1...
D1 price is below 200 day SMA and 100 day SMA for the primary bearish market condition with the secondary ranging between 87.50 key resistance level and 81...
Current trend The markets are hit by a new wave of uncertainty. Since the beginning of the week, prices of copper are rapidly falling. Copper widely perceived as the general indicator of world economic outlook, and therefore markets now assume the world economy outlook is getting worse...
Expect the eurusd price to go up to 1.124 as a retracement in a downtrend rather than as an uptrend. As mentioned in my previous posts, https://www.mql5.com/en/blogs/post/649802 the downward price movement would be highly volatile and see this upward price movement as a retracement...
EURUSD: With EUR now seen recovering ahead of its key support at the 1.1086 level, some kind of a correction could occur. But as long as that move is capped by the 1.1259/58 zone, its short term weakness triggered from the 1.1459 level remains intact. Support lies at the 1...
