Technical and Market Analysis by Vistabrokers - page 61

 

Market Outlook According to Bill Williams System: EUR/USD

An order to buy #EURUSD has activated after the breakout of the nearest fractal level (up).

Find out more at Technical Analysis of Vistabrokers.

 

Market Outlook According to Bill Williams System: GBP/USD

A sales position from 1.5400 in GPB/USD remains relevant.

The value of the red Alligator's line give a serious chance for a positive result of the final transaction. Read more at Technical Analysis of Vistabrokers.

 

Traders Take Profits on Oil

During the Asian session, oil prices fell as traders were taking profits after yesterday's growth.

The speculative increase of oil was caused with more positive than expected data on the change in the volume of oil inventories in the USA. Read more at Fundamental Analysis of Vistabrokers.

 

GOLD. Risks of Further Reduction Are Growing

A

fter the announcement of the Fed meeting results, the growth of

Gold

is at threat, as

investors

are

buy

ing

U.S. bonds in the hope of their profitability

increasing

.

It is recommended to monitor the situation closely,

staying

out of the market.

Read more at

Technical Analysis of Vistabrokers.

 

EUR / USD. Investors Received Gift from Fed

The

EUR/USD

fell sharply after the Fed

had

surprised investors,

giving signals that the rate may be increased

in December.

The pair

fell

by

more than 150 points,

t

rend indicators confirm the downward trend.

Discover more at

Technical Analysis of Vistabrokers.

 

GOLD. Bears Are Getting More Confident

The

Fed

statement

gave

a strong impetus to the

U.S.

dollar,

which

led to reduction

of

gold.

It is recommended to

enter the market on a

break

out

of

yesterday's lows

. Find out more at

Technical Analysis of Vistabrokers.

 
 

American Oil Companies Curb Large Projects

The largest U.S. oil companies curb some expensive and large-scale projects that were planned when the price was 100 dollars per barrel.

Exxon Mobil and Chevron "freeze" plans to develop oil fields in the deep sea, deserts, arctic areas, as investment in this development implies a huge risk. Read more at Fundamental Analysis of Vistabrokers.

 

GOLD. Descent Angle Grows

A

n

ew downward momentum

has

brought

G

old quotes to the next level of 61.8% Fibonacci

retracement

.

Much will be decided here, because

the further reduction

will

force

bulls to

formally break

an

uptrend.

Discover more at

Technical Analysis of Vistabrokers.

 

GBP / USD. Bulls Are Still in Corral

Buyers

of GPB/USD have

suddenly

taken

the initiative, which led quotes to another attempt

of

testing

of

the descending resistance line.

It is r

ecommended to stay out of the market, but to respond to the subsequent movement of the pair.

Read more at

Technical Analysis of Vistabrokers.