Technical and Market Analysis by Vistabrokers - page 58

 

GBP / USD Heads North

Yesterday

GPB/USD

has reached

new highs.

Note that

the Bank of England meeting

somewhat tempered investors' expectations

about

the

interest

rate

hike. But

then

minutes

of

the last Fed

's

meeting, in turn, caused the weakening

of the American

currency.

Read more at

TechnicalAnalysis of Vista Brokers.

 

What Economic Events Are Key this Week (October 12 - 16)?

This week investors will continue to closely monitor the U.S. statistics, in particular the retail sales and consumer price index.

On Tuesday, the German ZEW institute will publish the index of economic sentiment and on Wednesday traders will expect the labor market data in Great Britain. Read more at Fundamental Analysis of Vista Brokers.

 

EUR / USD. Triangle, Goodbye ...

Bulls in EUR/USD have cleared a height, and it was confirmed with a breakout of a resistance line.

The first challenge for this trend will be tomorrow, when ZEW institute will publish economic sentiment indicators. Find out more at TechnicalAnalysis of Vista Brokers.

 

AUD / USD. There Are Signs of Trend Breaking

An interesting situation has developed in AUD/USD.

To date quotes are close to test a trend line of higher order, and a first important resistance level. Trend indicators are currently proving the uptrend. Discover more at TechnicalAnalysis of Vista Brokers.

 

Brief Asian Session Review by Vista Brokers

China has released mixed data on #trade balance, exports and imports.

Despite that statistics was partially better than expected, the decline of imports by 20.4% supported pessimism on stock markets. Oil is recovering from a severe decline on Monday. Discover more at Fundamental Analysis of Vista Brokers.

 

GOLD. How Long Will Balance Hold?

A number of important technical levels and lines

does not give a

directional movement

in Gold an opportunity to develop

.

It is recommended to stay out of the market

before

clos

ure

above $1170.50. In this case,

we should

open long positions.

Read more at

TechnicalAnalysis of Vista Brokers.

 

USD / CAD. The First (Lowest) Target of Reducing Was Achieved

USD/CAD

rebound

ed

from a support level

.

T

he current dynamics of the pair

is

largely driven by recent changes in oil prices.

It is recommended to fix result

s

of short positions

and wait for

new signals.

Find out more at

TechnicalAnalysis of Vista Brokers.

 

Gold Is Rising Amid New Signals of Economic Slowdown in China

Gold futures are rising after the weak data on the consumer price index published in China.

This statistics may indicate that the PBOC will take new steps of monetary policy easing and it supports precious metals. Discover more at Fundamental Analysis of Vista Brokers.

 

GOLD. Resistance Was Broken

An upward movement

of Gold

looks healthy and trend indicators confirm

it.

It is recommended to hold long positions opened on

a breakout

of 1170.50.

We should also

pay attention to today's publication of data on retail sales in the US

A. Read more at

TechnicalAnalysis of Vista Brokers.

 

GBP / USD. Wind Changes Again

GPB/USD has responded to unexpectedly weak inflation data in the UK with a sharp drop.

Today the country will release the data on employment, so we do not expect prices to stabilize. Discover more at

Technical Analysis of Vista Brokers.