Technical and Market Analysis by Vistabrokers - page 54

 

USD / CAD. When Trend Is Your Friend

Bulls in USD/CAD 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. Discover more at TechnicalAnalysis of Vista Brokers.

 

GBP / USD. Bears Are Moving to Goal

A downward trend in GPB/USD 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. Read more at TechnicalAnalysis of Vista Brokers.

 

Vista Brokers: Business Representatives Believe in German Economy

The euro is rising against its major competitors in Forex after Ifo reports, which shows the growth of confidence in the German economy.

The single currency remains relatively strong, but everything can change during the American trading session. Find out more at Fundamental Analysis of Vista Brokers.

 

EUR / USD.

T

here

A

re

T

wo

O

ptions...

T

here are two p

ossible scenarios for EUR/USD.

The first

scenario suggests

the growth of the pair to the resistance line,

and the second one - the

break

out of the

near

est support level.

Discover what analysts recommend to do in both situations. Read more at

TechnicalAnalysis of Vista Brokers.

 

USD / JPY. In

A

nticipation of

M

ovement

USD/JPY

quotes

are close to an

upper boundary of

a

consolidation figure"triangle",

which was

formed during the last month.

It is recommended to wait for

the breakout of

its

border

s

to enter

the market. Find out more at

TechnicalAnalysis of Vista Brokers.

 

Vista Brokers: Yellen Reassured European Stock Markets

All major European stock indices rose by more than 3% after a speech of Janet Yellen reassured the market.

Also shares are still supported with yesterday's Ifo data, which showed an increased confidence in the German economy. Discover more at Fundamental Analysis of Vista Brokers.

 

Market Outlook According to Bill Williams System: GOLD

We have entered to the position in Gold at 1134.37 and later this entrance was confirmed with a further price movement.

There are some additional signals from indicators. Discover more at TechnicalAnalysis of Vista Brokers.

 

Market Outlook According to Bill Williams System: GBP/USD

Our position in GPB/USD already brings a large floating profit.

It can be even higher, if the price will pass the important support level near multi-year lows. Find out more at TechnicalAnalysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

Asian stocks traded mixed and the yen declined ahead of a speech of the Bank of Japan Governor Haruhiko Kuroda.

Later today a lot of statistics will be released in the United States, as well as two FOMC members will speak. Read more at Fundamental Analysis of Vista Brokers.

 

GBP / USD

Reached

S

upport. What's

N

ext?

The "cable" is

near

the

five-month support level

and

still in

borders

of a short-term downward price channel.

The future direction may be determined in

coming days

or

even hours, when

the

U.S. consumer spending

data will be released. Find out more at

Technical Analysis of Vista Brokers.