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EURUSD sees bullish offensive on rally with more strength expected in the days ahead. Support lies at the 1.1400 where a violation will aim at the 1.1350 level. A break below here will aim at the 1.1300 level. Further down, support lies at the 1.1250. On the upside, resistance resides at 1...
The Bank of England has no choice today but to maintain its monetary policy rate, unchanged since August 2018. Following the vote of no confidence from last Tuesday and convincing talks with the EU relating to the Irish backstop, the BoE will not move...
The US Federal Reserve Bank yesterday lifted interest rates for the fourth time this year, but Chairman Jerome Powell suggested the pace of increase could slow down significantly in 2019...
Forex Market, You really do not have to be always a regular trader to benefit from the forex marketplace every time you travel foreign exchange and exchange your money into a foreign currency, you’re participating in the foreign exchange forex, current industry...
Pivot (invalidation): 47.00 Our preference Long positions above 47.00 with targets at 47.90 & 48.40 in extension. Alternative scenario Below 47.00 look for further downside with 46.10 & 45.50 as targets...
Pivot (invalidation): 14.6700 Our preference Short positions below 14.6700 with targets at 14.4700 & 14.4000 in extension. Alternative scenario Above 14.6700 look for further upside with 14.7200 & 14.7800 as targets...
Pivot (invalidation): 1247.00 Our preference Short positions below 1247.00 with targets at 1241.50 & 1239.00 in extension. Alternative scenario Above 1247.00 look for further upside with 1251.00 & 1254.00 as targets...
Pivot (invalidation): 2550.00 Our preference Short positions below 2550.00 with targets at 2472.00 & 2435.00 in extension. Alternative scenario Above 2550.00 look for further upside with 2588.50 & 2608.00 as targets...
Pivot (invalidation): 10840.00 Our preference Short positions below 10840.00 with targets at 10685.00 & 10620.00 in extension. Alternative scenario Above 10840.00 look for further upside with 10910.00 & 11000.00 as targets...
Pivot (invalidation): 5.3210 Our preference Short positions below 5.3210 with targets at 5.2670 & 5.2460 in extension. Alternative scenario Above 5.3210 look for further upside with 5.3560 & 5.3940 as targets...
Pivot (invalidation): 0.7130 Our preference Short positions below 0.7130 with targets at 0.7085 & 0.7065 in extension. Alternative scenario Above 0.7130 look for further upside with 0.7145 & 0.7160 as targets...
Pivot (invalidation): 1.3460 Our preference Long positions above 1.3460 with targets at 1.3525 & 1.3540 in extension. Alternative scenario Below 1.3460 look for further downside with 1.3435 & 1.3410 as targets...
Pivot (invalidation): 0.9925 Our preference Long positions above 0.9925 with targets at 0.9970 & 0.9985 in extension. Alternative scenario Below 0.9925 look for further downside with 0.9910 & 0.9895 as targets...
Pivot (invalidation): 112.30 Our preference Long positions above 112.30 with targets at 112.65 & 112.85 in extension. Alternative scenario Below 112.30 look for further downside with 112.10 & 112.00 as targets...
Pivot (invalidation): 1.2645 Our preference Short positions below 1.2645 with targets at 1.2605 & 1.2590 in extension. Alternative scenario Above 1.2645 look for further upside with 1.2675 & 1.2705 as targets...
Pivot (invalidation): 1.1405 Our preference Short positions below 1.1405 with targets at 1.1365 & 1.1350 in extension. Alternative scenario Above 1.1405 look for further upside with 1.1420 & 1.1440 as targets...
Andrew Barnett - Founding Partner LTG GoldRock: "The US Dollar has risen sharply following the US Federal Reserve’s December statement that confirmed it has put the official cash rate up another 0.25% to 2.5% and it expects to put rates up another two times in 2019...
AUDUSD remains vulnerable to the downside as it looks to resume its broader weakness. On the upside, resistance lies at the 1.7250 level. A cut through here will turn attention to the 0.7300 level and then the 0.7350 level where a violation will set the stage for a retarget of the 0.7400 level...
Facing the hardest contraction in four years during the third quarter of 2018, the Japanese economy is facing difficulties amid a weakening business outlook. Recently, the Japanese cabinet has been revising its growth forecast for the economy to the downside for 2018 and 2019 to 0.90% and 1...
