GBPAUD has been forming lower highs and higher lows, creating a symmetrical triangle pattern on its 1-hour forex time frame. Top-tier events from the UK economy this week could determine which direction this pair might break out...
A buy order in #EURUSD was closed on the signal of the red Alligator's line crossing down. After some consolidation the downward movement continued and it has involved us in a short position. Find out more by checking out the Source Link...
A buy order in #Gold activated on a breakthrough of the #fractal level up. Currently we have no open positions, but we are ready for a possible entry at any time with a corresponding #signal. Find out more by checking out the Source Link...
EURUSD: Having remained weak and vulnerable to the downside, EURUSD faces more downside pressure below key resistance. Support lies at the 1.0800 level. Further down, support lies at the 1.0750 level where a violation will aim at the 1.0700 level. A break of here will aim at the 1.0650 level...
Dear Traders, The performance of the British pound was hampered by a short-lived upside correction, which was more limited than we had previously expected. While we anticipated the short pullback to last until at least 1.4335, the pound sterling reversed shy of 1.4325...
Pre US Open, Daily Technical Analysis Tuesday, January 19, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.091 Most Likely Scenario: short positions below 1...
Crude oil price rise is trying to climb back to the level of US $ 30 per barrel in order to coincide with the release of Chinese negative economic data and Iran's readiness to return to the international arena, crude oil prices are trading in the middle of the European session at $ 29...
Bulls in #GPBUSD carry cautious attempts to pick up a pound at acceptable levels, taking advantage of some improvement in investors' sentiment towards risk. It is recommended to stay out of the #market and to be ready for the subsequent fluctuations. Find out more by checking out the Source Link...
Curiously enough, the data on China's GDP did not cause a new wave of #sales of risky #assets. On the contrary - we have a moderate recovery in Asian #stock #markets, which supported #USDJPY. Find out more by checking out the Source Link...
Tuesday 19th January 2016 Strange reasons to cheer China So, here’s the thing. The headlines on China are not that market friendly, slowest quarterly growth since 2009, or slowest growth for the year as a whole in 25 years...
In the 4th quarter of 2015 China's economy grew by 6.8% - the weakest growth since the #economic #crisis in 2009. Industrial production, retail sales and investment in fixed assets grew less than expected. Find out more by checking out the Source Link...
9 January 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:30 CPI y/y GBP High 0.1% 0.1% Neutral 09:30 PPI Input m/m GBP Med. -1.6% -1.4% Negative 09:30 RPI y/y GBP Med. 1.1% 1...