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The result of the short position in #Gold was fixed after the #price had passed the opposite directed #fractal (up). Then we went long and have already added volume to this position. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
EURJPY: Having sold off strongly during Monday trading session, EURJPY faces more downside pressure on sell off. This will leave its psycho level support at 129.00 level as the next downside target. While the 131.35/77 zone remains unbroken, this view remains valid. Support comes in at the 128...
We're seeing more of the same as European desks open. USDJPY has now taken out support between 119.00-05 and EURUSD has made gains above 1.0900 as I suggested earlier. Nikkei futures are down -0.54% at 18280 giving USDJPY a helping hand lower as I also highlighted here . Currently 119...
The sharp decline in risk appetite observed in the ranks of #investors put pressure on #oil #quotations. This, in turn, resulted in reducing of #commodity #currencies such as the Canadian #dollar. It is recommended to consider opening long positions with the first target in the area of 1.40...
#USDJPY started #2016 with growth by more than 1% only in the first hours of today's trading. It is recommended to hold short positions in the #currency pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish against the 1.1060 range highs and would prefer to fade upticks within range...
Dear Traders, Happy New Year! We hope you have had a good start into 2016 and wish you all the best for the New Year and, of course, many profitable trades. At every beginning of the year many market participants wonder what they can expect from the new year...
Asian #stocks fell after the weak Caixin #PMI data in China, as well as #AUD and #JPY. #Oil rose in Asian trading amid increased geopolitical tension between #SaudiArabia and #Iran. These countries broke off diplomatic relations. Find out more by checking out the Source Link...
Talking Points: NZDUSD Technical Strategy: Bullish Elliottwave Count: We are in wave C Our view on NZDUSD is still on bullish side. Current price action is suggesting another good long opportunity. We had a long last month, and earned handsome profit out of current move...
04.01.2016 00:00Day after New Year's Day Currency: NZD, Importance: Not significant...
GOLD: With the commodity reversing its previous losses to close lower the past week, GOLD continues to maintain bear pressure with eyes on 1046.00 zone. While it trades and holds below the 1085/88 zone, our immediate bias remains lower. On the downside, support comes in at the 1050...
EurUsd Trade entry points = 1.0948-1.0917 Long entry at or above 1.0948 for 1.1117 Short entry at or below 1.0917 for 1.0780 Happy new year...
Here’s the market outlook for 2016: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Bearish EURUSD was generally bearish in 2015 with a low of 1.0462 and a mid-year high of 1.1712 achieved during a bullish consolidation over the summer...
The US dollar firmed against nearly all the major currencies in the last week of 2015. The exceptions were the Antipodean currencies and the Japanese yen. The relatively high short-term yields offered Australia, and New Zealand may have attracted some hot flows looking park over the turn...
The Currency Score Difference analysis is the more extensive explanation on the Currency score analysis which was published earlier this weekend. Besides these analyses and the corresponding charts I also provide the Forex ranking and rating list...
EURUSD: With a reversal of almost all of its previous week seen the past week, EURUSD bear pressure builds up on 1.0795 level. On the down, support is located at the 1.0795 level and if violated, expect more weakness to happen towards the 1.0750 level. Further down, support lies at the 1...
This article provides Currency Classification for the coming weeks. It is recommended to read the page Currency score explained and Models in practice for a better understanding of the article...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
