Technical and Market Analysis by Vistabrokers - page 62

 

What Economic Events Are Key this Week (November 2 - 6)?

Market participants are waiting for new signals that might confirm that the Fed may rise the interest rate in December.

So this week the biggest attention will be focused on non-farm payrolls, which will be released in the USA on Friday. What are another key economic events? Read more at Fundamental Analysis of Vistabrokers.

 

Market Outlook According to Bill Williams System: USD/JPY

An order to open a short position in USD/JPY has activated on a breakout of the nearest fractal down.

Now we are ready to add according to signals of the Bill Williams system, but currently we see only a single signal. Discover more at Technical Analysis of Vistabrokers.

 

Market Outlook According to Bill Williams System: EUR/USD

The range of fluctuations in EUR/USD continues to decline, and with it fractals are forming closer and closer.

A breakout of one of these fractals will involve us to the next trading position. Read more at Technical Analysis of Vistabrokers.

 

RBA Decision Supported Aussie

The Reserve Bank of Australia left the monetary policy unchanged and amid this Australian shares rose, as well as the Aussie.

Such a result was expected, however, some market participants were tuned to the fact that the interest rate will be reduced. Discover more at Fundamental Analysis of Vistabrokers.

 

AUD / USD. Buyers Got Motive

After the RBA meeting AUD/USD rebounded from a

Fibonacci

retracement

level of 61.8%.

It

'

s recommended to consider long positions given the positive fundamental backdrop

. Find out more at

Technical Analysis of Vistabrokers.

 

EUR / USD Remains within Downward Trend

EUR/USD received a double blow after October's meetings of the ECB and the Fed and the euro is still unable to recover against the dollar.

Quotations remain in a downward price channel, approaching its resistance line. Read more at

Technical Analysis of Vistabrokers.

 

New Zealand Dollar Decline Is Limited

NZD is declining against USD, as well as against AUD. Today the global dairy trade price index will be published in New Zealand.

Decline of the kiwi is limited. Find out more at Fundamental Analysis of Vistabrokers.

 

Market Outlook According to Bill Williams System: GOLD

A floating profit on a short position in Gold continues to grow.

The red Alligator's line has moved to 1143.83, which increases chances for profit. Find out more at Technical Analysis of Vistabrokers.

 

Market Outlook According to Bill Williams System: GBP/USD

An order to buy from 1.5346 in GPB/USD may be closed soon.

At the moment the value of the closing price of the current bar is located below the red Alligator's line. Discover more at Technical Analysis of Vistabrokers.

 

Slowdown of Chinese Economy Is Main Investors' Fear

Barclays survey showed that investors believe, that the slowdown of the Chinese economy is the strongest fear factor and the main risk for financial markets.

Find out more at Fundamental Analysis of Vistabrokers.