Overview: The NZD/USD pair rebounded from the level of 0.7205 in the long term. It should be noted that the support is established at the level of 0.7205 which represents the daily pivot point on the H4 chart. The NZD/USD pair is showing signs of force following a breakout of the highest price of 0.7205. […]

Overview: The USD/CHF pair has broken resistance at the level of 0.9720 which acts as support now. Thus, the pair has already formed minor support at 0.9720.The strong support is seen at the level of 0.9689 because it represents the daily support 2. Equally important, the RSI and the moving average (100) are still calling […]

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USDX is being capped by the resistance level of 97.42 and it’s targeting the resistance level of 97.84 as the next key area for sellers. There is not a clear trend in the index amid sideways’ start of the week for most of the markets. If the support level of 97.10 gives up in favor […]

GBP/USD remains hovering around the 200 SMA area at H1 chart, with another attempt to break higher in order to extend the rally towards the next key resistance level of 1.2826. If the pair manages to break below 1.2710, then we can expect further weakness towards the support level of 1.2652. MACD indicator is still […]

Price is now testing major resistance at 1.2741 (Bearish price action, horizontal resistance, Fibonacci extension) and we expect a drop from this level to at least 1.2652 support (Fibonacci retracement, horizontal swing low support). Stochastic (34,5,3) is seeing strong resistance below 96% level and we expect a further drop from this level. Sell below 1.2741. […]

Price has made a bullish exit from our triangle formation as expected. We remain bullish above 124.34 support (Fibonacci retracement, horizontal overlap support) for a further push up to at least 125.06 resistance (Fibonacci extension, Elliott wave theory). RSI (34) sees a long-term ascending support line hold price up really well and keep our bullish […]

Price continues to consolidate around our buying area and has been doing so for the past few days. We remain bullish looking to buy above 111.32 support (Fibonacci retracement, horizontal pullback support) for a further push up to at least 113.06 resistance (Fibonacci extension, Fibonacci retracement, horizontal pullback resistance). RSI (34) remains above its support […]

USD/JPY is expected to trade with a bullish bias above 111.15. The technical picture of the pair is positive as the prices broke above the declining trend line. The upward momentum is further reinforced by the rising 50-period moving average. The relative strength index is mixed with bullish bias. Hence, above 111.15, expect a new […]

USD/CHF is turning down and expected to trade in lower range. The pair is also capped by the declining trend line since June 20, which confirms a negative outlook. The declining 20-period and 50-period moving averages play resistance roles and maintain the downside bias. The relative strength index is below its neutrality level at 50. […]

As predicted on Fridayб GBP/JPY is trading higher. The pair is trading above the rising 50-period moving average, which plays a support role and maintains the upside bias. The relative strength index is mixed with a bullish bias. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Hence, […]

Our Friday’s NZD/USD buy position target has been hit. NZD/USD still expected to trade with bullish bias above 0.7250. Although the pair posted a pullback, it is supported by the rising 50-period moving average. A support base at 0.7250 has been formed, allowing for a temporary stabilization. Even though a continuation of consolidation cannot be […]

Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.2705. According to the 4H time frame, I found a successful test of 21SMA and a strong close of the bar, which are signs that selling looks risky. My advice is to watch for potential buying opportuntiies. The upward targets are […]

Recently, GOLD has been trading downwards. The price tested the level of $1,236.00 in an ultra high volume. According to the 15M time frame, I found a big selling climax in an ultra high volume, which is a sign that selling looks risky. The bar closed in the middle, which is a strong sign of […]

Daily Outlook The NZD/USD pair has been trending up within the depicted bullish channel since January 2016. In November 2016, early signs of bullish weakness were expressed on the chart when the pair failed to record a new high above 0.7400. A bearish breakout of the lower limit of the channel took place in December […]

Daily Outlook In January 2017, the previous downtrend reversed when the Head and Shoulders pattern was established around 1.0500. Since then, evident bullish momentum has been expressed on the chart. The next daily supply level for the EUR/USD pair is located between 1.1400-1.1520 where the price action should be watched for possible bearish rejection. Recently, […]

EUR/USD: The bias on EUR/USD has become neutral because the price made no significant moves last week. It was hovering between the support line at 1.1100 and the resistance line at 1.1250. There must be a movement above the mentioned resistance line or below the support line. A break above the resistance line is the […]

Trading has resumed in full swing on this Monday so let’s find out what have been the maximum spread levels for the 3 non-cross majors. Point 39 pips is the long term average spread for the Euro/Dollar. Peak separation has been point 7 pips. Rate movement has been relatively calm and the biggest move is […]

Trading has resumed in full swing on this Monday so let’s find out what have been the maximum spread levels for the 3 non-cross majors. Point 39 pips is the long term average spread for the Euro/Dollar. Peak separation has been point 7 pips. Rate movement has been relatively calm and the biggest move is […]

Tuesday brings a number of speeches from central bank governors, and they definitely are worth a closer look. The first speech is scheduled at 8 AM, when ECB President Mario Draghi will be speaking at the European Central Bank forum on central banking in Sintra, Portugal. Bank of England will release its latest Financial Stability […]

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Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…

Get your daily market and Forex news analysis from leading Forex and market news analysts only at http://www.xm.com/market-analysis-video
Professional Forex news analysis on all major currencies: (EUR/USD) (USD/JPY) (GBP/USD) (USD/CHF), (USD/CAD), (AUD…

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It’s a new trading week, and the Dukascopy TV team is here with Monday’s Main Daily Trading Signals. Euro/Dollar sees exactly 5 buy prompts in both the short and mid-term. Neutral models prevail in the long-term, but the interbank is bullish at more than 21% long, and it supports the 1 and 4-hour models. Next […]

Welcome to our ‘Trading Strategy’ series, where you will get introduced to different strategies to help you trade better. In this article, we’ll introduce you to a basic Forex trading strategy the moving average crossover. What is the moving average crossover trading strategy? The moving average crossover relies on a simple moving average, or SMA […]