We would like to inform you that due to several public holidays all of which take place in May, the trading hours of various instruments will be affected between 1 and 26 May 2020. Please view the tables below to see which instruments will be affected and how: Instrument 01/05 04/05 EU50Cash Closed Normal Hours […]
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We would like to inform you that due to several public holidays all of which take place in May, the trading hours of various instruments will be affected between 1 and 26 May 2020. Please view the tables below to see which instruments will be affected and how: Instrument 30/04 01/05 04/05 Swedish Stocks Early […]
EUR/USD The euro made an attempt to grow on Tuesday, but the bearish players returned it and so it ended the day with a decrease of 10 points. Thereby, the technical picture of the instrument has not changed on the daily chart. The main intrigue is still contained in the Marlin oscillator triangle, since the […]
AUD/USD The Australian dollar reached the nearest price channel line today in the Asian session, and now it is facing a choice – to gain a foothold and go higher, or turn from it into a new wave of decline, perhaps even in the medium term, where there is a chance to decline by seven […]
USD/JPY The long consolidation of the yen was realized at the beginning of the (expected strong) downward movement. The signal line of the Marlin oscillator went down from its own wedge. The pair’s quote is currently below the price channel line and below yesterday’s low, when support was only pierced by the candle’s lower shadow. […]
USD/JPY The long consolidation of the yen was realized at the beginning of the (expected strong) downward movement. The signal line of the Marlin oscillator went down from its own wedge. The pair’s quote is currently below the price channel line and below yesterday’s low, when support was only pierced by the candle’s lower shadow. […]
Overview of the GBP/USD pair. April 29. The Fed should provide guidance to the markets on the prospects for monetary policy.
4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – upward. CCI: 97.6997 On April 29, the British pound begins a downward correction against the new upward trend that was formed just yesterday. The pound/dollar pair is fixed above the moving average […]
Overview of the GBP/USD pair. April 29. The Fed should provide guidance to the markets on the prospects for monetary policy.
4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – upward. CCI: 97.6997 On April 29, the British pound begins a downward correction against the new upward trend that was formed just yesterday. The pound/dollar pair is fixed above the moving average […]
Overview of the EUR/USD pair. April 29. 1 million patients with “coronavirus” in the United States. Trump opens Texas and
4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – downward. Moving average (20; smoothed) – sideways. CCI: 32.0632 The EUR/USD currency pair continues to adjust at the beginning of a new trading week. Moreover, this correction is increasingly taking the form of a flat. At least now […]
EUR/USD. Flat before the storm
The euro-dollar continues to trade within the eighth figure, although the EUR/USD bulls do not give up attempts to gain a foothold above the resistance level of 1.0850. The pair showed a bullish mood in the morning, but price fluctuations were still limited by the stop-point frames of the flat band. Figuratively speaking, EUR/USD traders […]
EUR/USD and GBP/USD. United States initiates investigation into the spread of coronavirus by China and prepares to issue
4-hour timeframe Average volatility over the past five days: 78p (average). The EUR/USD pair continued to trade higher on the second trading day of the week. A new buy signal has formed from the Ichimoku Golden Cross indicator, which is currently weak, since the pair have not yet overcome the Ichimoku cloud. Thus, the upward […]
Comprehensive analysis of movement options for #USDX vs Gold and Silver (H4) on April 29, 2020
Minuette operational scale (H4) Metals up and the dollar index down? Review of options for the development of the movement #USDX vs Gold and Silver from April 29, 2020. ____________________ US dollar index The movement of the dollar index #USDX from April 29, 2020 will be determined depending on the development and direction of the […]
EUR/USD The euro gave an upward signal, breaking through the level of 1.0850 and moved quite briskly forward. However, upon reaching the level of 1.0900 the pair were seriously challenged by the sellers, thus fall off. Locally, the picture is clear. Either the pair turns up and overcomes the same 1.0900 and consolidates above. Or, […]
Eurozone GDP set to shrink, pile pressure on ECB as EU dithers on virus aid – Forex News Preview
With Europe’s biggest economies shutting down in March as the coronavirus wreaked havoc across the continent, no one is expecting the Eurozone’s first quarter GDP estimate due on Thursday (09:00 GMT) to be anything but abysmal. But just as in previous crises, it is the European Central Bank that has been first to come to […]
Eurozone GDP set to shrink, pile pressure on ECB as EU dithers on virus aid – Forex News Preview
With Europe’s biggest economies shutting down in March as the coronavirus wreaked havoc across the continent, no one is expecting the Eurozone’s first quarter GDP estimate due on Thursday (09:00 GMT) to be anything but abysmal. But just as in previous crises, it is the European Central Bank that has been first to come to […]
Technical Analysis – Apple stock reverses up but 61.8% Fibo acts as strong resistance
Apple stock price has been in a retracement movement of the latest large fall from the record high of 327 to the 212 support. The price found strong resistance at the 61.8% Fibonacci mark of the aforementioned down leg at 283 and near the 100-day simple moving average (SMA). The MACD is currently increasing positive […]
April 28, 2020 : EUR/USD Intraday technical analysis and trade recommendations.
Few weeks ago, the EURUSD pair has expressed significant bullish recovery around the newly-established bottom around 1.0650. The following bullish engulfing H4 candlesticks as well as the recently-demonstrated ascending bottoms indicated a high probability bullish pullback at least towards 1.0980 and 1.1075 (Fibonacci Level 50%). Key Supply-Levels in confluence with significant Fibonacci levels are located […]
Good day, dear traders! If you look at the economic calendar, we will see that yesterday the Bank of Japan published its decision on the main interest rate, which remained at minus 0.10%. In addition, the Japanese regulator published a report on the prospects of the national economy and inflation. A little later, the Japanese […]
Analysis of EUR/USD and GBP/USD for April 28. Texas will end quarantine on May 1; US dollar loses demand ahead of GDP data
EUR / USD On April 27, the EUR/USD pair gained about 10 basis points. Thus, it managed to move away from the previously reached lows and, presumably, complete the construction of wave C and 2. If this is true, then the growth of quotes will continue from current levels in the direction 11th figure, near […]
Analysis of EUR/USD and GBP/USD for April 28. Texas will end quarantine on May 1; US dollar loses demand ahead of GDP data
EUR / USD On April 27, the EUR/USD pair gained about 10 basis points. Thus, it managed to move away from the previously reached lows and, presumably, complete the construction of wave C and 2. If this is true, then the growth of quotes will continue from current levels in the direction 11th figure, near […]
Technical Analysis – EURCHF at one-month high but trend bearish overall
EURCHF is making another attempt to close above the 50-day simple moving average (SMA) on Tuesday, sending the price to a four-week high of 1.6010. The strengthening RSI and the improving MACD are endorsing the move up. However, A bearish trend is well intact on the daily chart and only a decisive rally above the […]
The Fed concludes its meeting at 18:00 GMT on Wednesday and having thrown everything including the kitchen sink to protect the US economy in the battle against the virus, no action is expected this time. As such, the market reaction may depend mainly on Chairman Powell’s remarks half an hour later. From a risk-management perspective, […]
WTI crude oil futures have come under renewed selling pressure, falling back below the 38.2% Fibonacci retracement level of the downward wave from 36.22 to 6.75 at 18.03. The technical indicators, though, are sending some bullish signals, suggesting that the softness in the market may pause. The RSI has reversed higher near oversold levels, slightly […]
From the point of view of complex analysis, we see a slowdown at the peak of the local upward trend, and now let’s talk about the details. The variable flat 1.2300/1.2385 was locally passed in an upward direction. As a result, the quote managed to reach the level of 1.2453. In fact, an undeniable speculative […]
Today gold plunged and extended yesterday’s drop, but the bias remains bullish. The price moves somehow sideways on the daily chart, it is pressuring the $1,700 and the R1 ($1,702) levels, a rejection will signal that the decrease is finished and that a further increase will come. The coronavirus spread could slow down after reaching […]