The US 500 cash index remains under pressure as its price continues to drift lower from the 15-week high of 3,233. The short-term technical indicators in the daily chart are bearish and point to more weakness in the market. The flat 200-period simple moving average (SMA is currently capping positive movements as the 50-day SMA is ready to create a bullish […]
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Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Trading plan for EUR/USD on June 15, 2020. Coronavirus updates from around the world. The growth of the US market will depend
Post by admin on June 15, 2020
Coronavirus updates as of the morning of June 15: According to data, the current wave of the pandemic has not yet reached its maximum. The number of new cases continue to show new highs in recent days, garnering about 130 thousand new infections per day worldwide. Mortality per day, meanwhile, has decreased markedly. In the […]
Technical Analysis: 15/06/2020 – EURUSD sharply corrects; maintains positive signals
Post by admin on June 15, 2020
Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 15/06/2020 – EURUSD sharply corrects; maintains positive signals
Post by admin on June 15, 2020
Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 15/06/2020 – Gold may not expect higher highs in near-term
Post by admin on June 15, 2020
Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Technical Analysis: 15/06/2020 – Gold may not expect higher highs in near-term
Post by admin on June 15, 2020
Risk Warning: 73.57% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Daily Market Comment – Stocks slide again on second wave fears; Pound skids ahead of Brexit talks
Post by admin on June 15, 2020
A resurgence of coronavirus cases sends stocks into a tailspin again Aussie takes a beating, yen and franc up, but gold unable to capitalize Pound extends losses as Johnson tries to kickstart stalled Brexit talks End of the risk rally? The unstoppable risk rally that’s pushed global stocks close to erasing their virus-led losses is […]
Good afternoon traders! Congratulations to those who followed our trading idea on June 11 , which was to open short positions to lower the quotes of the EUR / USD pair. Stop Hunting strategy was used to figure out the buyer’s stops in the daily chart. Plan: Results: The movement amounted to more than 1,000 […]
From the point of view of complex analysis, we can see a surge in speculative positions, which partially recovered the US dollar. Last trading week, for the first time in such a long time, managed to raise the pound to the area of 1.2770, where everyone, without exception, started talking about serious changes, including the […]
From the point of view of complex analysis, we can see a surge in speculative positions, which partially recovered the US dollar. Last trading week, for the first time in such a long time, managed to raise the pound to the area of 1.2770, where everyone, without exception, started talking about serious changes, including the […]
Technical Analysis – Gold may not expect higher highs in the near-term
Post by admin on June 15, 2020
Gold remained trapped within a two-month old sideways move after refusing to drop into the Ichimoku cloud last week. Yet, the fact that the yellow metal is unable to print higher highs above the 1,765 peak favors the bearish side of trading, something also endorsed by the RSI and the MACD which keep trending downwards. […]
Technical Analysis – EURUSD sharply corrects; maintains positive signals
Post by admin on June 15, 2020
EURUSD has retreated sharply under the 1.1269 level – that being the 23.6% Fibonacci retracement of the up leg from 1.0774 to 1.1421 – and the key swing low of 1.1240. Sellers are attempting to extend the pullback, something also displayed in the short-term oscillators. Although deep in the positive region, the MACD has eased […]
AUDUSD is slipping to a new two-week low around 0.6775, penetrating the 38.2% Fibonacci retracement level of the up leg from 0.6375 to 0.7065 at 0.6800 and the lower surface of the Ichimoku cloud. According to the momentum indicators, the RSI is moving sideways in the negative zone, while the stochastic dropped in the oversold […]
Crypto Industry News: India probably can’t decide whether they support cryptocurrencies or prefer to fight them. It turns out that the Ministry of Finance demanded a ban on digital currencies throughout the country. It is a kind of return to the ideas from 2019. It is surprising because only a quarter ago the Supreme Court […]
Crypto Industry News: India probably can’t decide whether they support cryptocurrencies or prefer to fight them. It turns out that the Ministry of Finance demanded a ban on digital currencies throughout the country. It is a kind of return to the ideas from 2019. It is surprising because only a quarter ago the Supreme Court […]
Crypto Industry News: One of the largest US banks, JPMorgan Chase, has thoroughly analyzed the March market collapse. Quite a lot of space in the report is devoted to Bitcoin. According to analysts, the BTC market is clearly maturing, they also see a strong correlation with global stock markets. The sudden collapse of markets in […]
Crypto Industry News: One of the largest US banks, JPMorgan Chase, has thoroughly analyzed the March market collapse. Quite a lot of space in the report is devoted to Bitcoin. According to analysts, the BTC market is clearly maturing, they also see a strong correlation with global stock markets. The sudden collapse of markets in […]
Technical Market Outlook: The EUR/USD pair has been testing the level of 1.1236 for the last 12 hours. This level is the key short-term support level for the price, so any violation of this level would lead to the test of another technical support located at 1.1190 or 1.1148. Please notice, the market is coming […]
Technical Market Outlook: The EUR/USD pair has been testing the level of 1.1236 for the last 12 hours. This level is the key short-term support level for the price, so any violation of this level would lead to the test of another technical support located at 1.1190 or 1.1148. Please notice, the market is coming […]
Technical Market Outlook: The GBP/USD has moved even lower after the overbalance was completed and has recently hit the level of 1.2466. This is the main channel lower line of support and a part of the horizontal technical support located between the levels of 1.2466 – 1.2485. The market conditions are now oversold, so the […]
Uncertain beginning: dollar bulls have high hopes for the White House
Post by admin on June 15, 2020
The dollar index at the start of trading could not continue Friday’s upward movement: the indicator went to the borders of the 96th figure during the Asian session on Monday, reflecting the skepticism of the market towards greenbacks. However, the downward impulse was limited. To all fault – a contradictory fundamental background. Let me remind […]
Trend analysis (Fig. 1). Today, the downward trend may continue from the level of 1.1258 (closing of the Friday afternoon candle) with the target at the historical support level of 1.1151 (blue dotted line). There is a possibility that the price may continue to work down from this level with the target of 1.1123 – […]
The EUR/USD pair failed to attempt to break up once again the resistance line 1.1375 (red bold line) last week and after that, the price declined. Moving down, the price tested the pullback level of 23.6% – 1.1236 (red dashed line). The price may continue to decline for the coming week. Trend analysis. This week, […]
