Consolidating below 0.79. (Yann Quelenn ) • AUD/USD has surged and is now pausing below 0.7900. Hourly resistance is given at 0.7897 (13/10/2017 high). Support lies at at 0.7733 (06/10/2017 low). Expected to show continued increase. • In the long-term, the trend is turning positive...
Middle of rising channel. (Yann Quelenn ) • USD/CAD continues to bounce within uptrend channel. Strong support is located at a distance at 1.2062 (08/09/2017 low). Hourly support lies at 1.2331 (26/09/2017 high). Resistance is given at 1.2663 (31/08/2017 high...
Pushing higher. (Yann Quelenn ) • USD/CHF is trading within uptrend channel, Hourly support stands at 0.9712 (12/10/2017 low). The technical structure suggests an improving short-term buying interest. Expected to show continued bullish pressures within uptrend channel...
Edging lower. (Yann Quelenn ) • USD/JPY keeps on declining. The pair is trading around 112.00. Strong hourly resistance is given at 113.44 (06/10/2017 high). Support is located at 111.12 (20/09/2017 low...
Continued increase. (Yann Quelenn ) • GBP/USD continues to rise after the break of falling channel. A support can be found at 1.3122 12/10/2017 low). Hourly resistance stands at 1.3338 (13/10/2017 high). • The long-term technical pattern is reversing...
Increasing selling pressures. (Yann Quelenn ) • EUR/USD momentum is reversing since the pair has set up an hourly resistance at 1.1878 (12/10/2017 high). Strong support is given at a distance at 1.1662 (17/08/2017 low). Expected to show some short-term consolidation...
We welcome you to a new trading week, where trading conditions are hopefully better and more favorable for day traders. As for the U.S. dollar, there was little consistency in its performance in recent days while traders had to struggle with false breakouts and unsteady financial markets...
Content courtesy of Tallinex Limited https://www.tallinex.com Here is the market outlook for this week: EURUSD Dominant bias: Bullish Price went up last week, creating a short-term bullish signal before a correction occurred on Friday. This week, movement above the resistance line at 1...
Under the past weeks I've been posting a dollar reversal scenario, this week we are closer to that output. EUR/USD -0.10% broke a 6 month support uptrend on late September. Oscilators on 1W chart were showing enough strengh to break support line and it happend...
Under the past weeks I've been posting a dollar reversal scenario (https://www.investing.com/analysis/us-index-brent-stocks-weekly-analysis-200217789), this week we are closer to that output. US Index broke a 6 month resistance downtrend on late September...
EURUSD: With the pair taking back its previous week losses at the end of the week, more recovery could be seen. However, beware of correction pullback. Resistance comes in at 1.1850 level with a cut through here opening the door for more upside towards the 1.1900 level...
Hello traders, Here is a trade plan for EURAUD next week. I prepared Swing trade plan on the Actual Support, that we expected price will bounces fast at that levels. This screenshot has many words to explain, and...
USDCHF: With the pair closing marginally lower on rejection candle on Friday, it now looks to recover further higher. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level...
First, a review of last week’s forecast: - Recall that an overwhelming majority of experts expected a minor strengthening of the dollar. According to their forecasts, EUR/USD would fall to support 1.1660...
EURGBP- The cross remains biased to downside as it followed through lower on the back of its Thursday losses during Friday trading session today. Support lies at the 0.8850 level where a violation will turn focus to the 0.8800 level. A break will expose the 0.8750 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 13th The EUR/USD pair lost its upside momentum this morning, having met resistance in the vicinity of 1...
The focus of traders today will be the publication (at 12:30 GMT) of a block of inflation indicators for the US for September. In general, the growth of indicators is expected. Nevertheless, according to many economists, only stronger than expected data can support the dollar...
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=133.1. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=132.6. TP4: S2=132.45. Set the stoploss of these orders at breakout of R2=133.3...
mt4 communication https://www.mql5.com/en/forum/127032...
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