The Bank of Japan (BoJ) will conclude its meeting early on Thursday, and while no action is expected, the yen may still tumble a little if the central bank hints it could add more stimulus going forward. In the bigger picture though, the outlook for the currency seems to be brightening as both the Fed […]
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Trading Plan 19/06/2019 EURUSD
The ECB President Draghi tried to lower the euro on Tuesday, June 18: Draghi said that the ECB could make the policy even softer in July. This, however, did not greatly lower the EURUSD rate. The fact is that the possibilities of the ECB to stimulate growth are almost exhausted: the ECB rate is zero, […]
Trump’s unexpected discovery (review of EUR / USD and GBP / USD on 06/19/2019)
Donald Trump unexpectedly found out that since 2008 the single European currency has fallen its price from 1.60 to current values, and concluded that not only the Bank of China manipulates the yuan exchange rate. The European Central Bank also practices similar pranks. However, the reason for the outrageous tweet made by Donald Trump was […]
The area of 8,960 is a good support level to which I have repeatedly drawn attention and apparently, cryptocurrency buyers will try to continue from him a further upward trend in the region of 10,000 USD. An interesting report was published yesterday, indicating that the number of citizens’ requests for cryptocurrency in Japan increased by […]
Has the Fed come up to the Rubicon? (We expect the local recovery of the pair AUD/USD to continue and the USD/CAD decline)
It will be up to you. On the tuesday, the global markets unexpectedly received significant support. In this case, it can be a question. notorious quantitative easing. As they say, the words are laid down on the fertile ground. The global financial policy In our opinion, it will be a bit difficult to keep up. […]
Forecast for EUR / USD and GBP / USD pairs on June 19. Hope for a euro collapse after the speech of Mario Draghi
EUR / USD pair (4H) The EUR / USD pair fulfilled a rebound from the correction level of 38.2% at 1.1237 and turned in favor of the American dollar. As a result, the pair completed the fall to a correction level of 23.6% at 1.1187. Rebounding the quotations of the pair on June 19 from […]
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Trading recommendations for the EURUSD currency pair – placement of trading orders (June 19)
For the last trading day, the euro / dollar currency pair showed high volatility of 61 points. As a result, the quote resumed the inertial movement. From the point of view of technical analysis, we see that the quote is smooth; however, it puts pressure on the decline, overcoming points of periodic pillars on the […]
Forex News: 19/06/2019 – Fed meets, will Chair Powell be dovish enough?
Risk Warning: 71.61% 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 […]
Forex News: 19/06/2019 – Fed meets, will Chair Powell be dovish enough?
Risk Warning: 71.61% 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 […]
Wave analysis of EUR / USD and GBP / USD for June 19. The Fed meeting and Powell conference are key events of the month.
EUR / USD On Tuesday, June 18, trading ended for the pair EUR / USD with a decrease of 25 basis points. This is not much, but this decrease leads to the fact that the expected wave 2 takes on an even longer appearance and threatens to transform into a pulsed wave with the complication […]
Wave analysis of EUR / USD and GBP / USD for June 19. The Fed meeting and Powell conference are key events of the month.
EUR / USD On Tuesday, June 18, trading ended for the pair EUR / USD with a decrease of 25 basis points. This is not much, but this decrease leads to the fact that the expected wave 2 takes on an even longer appearance and threatens to transform into a pulsed wave with the complication […]
Burning forecast 06.19.2019 EURUSD
On Tuesday, June 18, the ECB conducted a verbal intervention against the euro: The head of the ECB President Mario Draghi made a statement that the ECB could apply new incentive measures in July – to push the beginning of the rate increase even further or lower the rate for banks on deposits (now minus […]
Burning forecast 06.19.2019 EURUSD
On Tuesday, June 18, the ECB conducted a verbal intervention against the euro: The head of the ECB President Mario Draghi made a statement that the ECB could apply new incentive measures in July – to push the beginning of the rate increase even further or lower the rate for banks on deposits (now minus […]
Trading recommendations for the GBPUSD currency pair – placement of trading orders (June 19)
For the last trading day, the currency pair pound / dollar showed a low volatility of 58 points, but this fluctuation was enough to get close to the key value. From the point of view of technical analysis, we see a good inertial move, where the quotation, as expected, moved closer to the key point […]
Trading recommendations for the GBPUSD currency pair – placement of trading orders (June 19)
For the last trading day, the currency pair pound / dollar showed a low volatility of 58 points, but this fluctuation was enough to get close to the key value. From the point of view of technical analysis, we see a good inertial move, where the quotation, as expected, moved closer to the key point […]
GBP / USD: plan for the European session on June 19. Inflation data may support British pound
To open long positions on GBP / USD you need: Today, pound buyers will try to get out of the side channel and break through the resistance of 1.2565, which will be a signal to open long positions to the highs of 1.2603 and 1.2649, where I recommend taking profits. However, in the first half […]
EUR / USD: plan for the European session on June 19. The direction of the pair will depend on the decision of the Fed.
To open long positions on EURUSD you need: To return to the buyers’ market, consolidation in the first half of the day is needed above 1.1211 resistance, which will lead to a larger upward correction in the area of yesterday’s maximum of 1.1242 and to its updating in the area of 1.1286, where I recommend […]
Daily Market Comment – Fed meets; will Chair Powell be dovish enough?
All eyes on Fed – Powell may have trouble satisfying the bears Euro cruises lower as Draghi signals more stimulus Stocks roar higher as Trump-Xi agree to meet at G20 UK & Canadian inflation data coming up Fed meeting: Dovish, but enough to appease the market? The main event today will be the Fed policy […]
Daily Market Comment – Fed meets; will Chair Powell be dovish enough?
All eyes on Fed – Powell may have trouble satisfying the bears Euro cruises lower as Draghi signals more stimulus Stocks roar higher as Trump-Xi agree to meet at G20 UK & Canadian inflation data coming up Fed meeting: Dovish, but enough to appease the market? The main event today will be the Fed policy […]
Overview of GBP / USD on June 19. The forecast for the “Regression Channels” system. Boris Johnson won the second round of
4 hour timeframe Technical details: The upper linear regression channel: direction – down. The lower linear regression channel: direction – down. The moving average (20; smoothed) – down. CCI: -64.5402 On Wednesday, June 19, the GBP / USD currency pair began to correct completely against the downward trend, as indicated by the purple bars of […]
Overview of EUR / USD on June 19. The forecast for the “Regression Channels” system. Trump blames ECB and Bank of China for
4 hour timeframe Technical details: The upper linear regression channel: direction – down. The lower linear regression channel: direction – up. The moving average (20; smoothed) – down. CCI: -98.1574 Tuesday, June 18, was held for EUR / USD in the next fall after Mario Draghi declared his readiness to use any monetary policy instruments […]
USDJPY remains stuck in a bearish phase as the momentum oscillators struggle in negative territory. The RSI is trending downwards below the 50 level, while the MACD histogram is heading back down below 0, though it’s holding above its red signal line for now. Prices are currently being capped by the 108.75 level, whish is […]
June Fed meeting: preview
Today, the main issue of the last few months will be resolved: we will find out whether the US regulator intends to lower the interest rate or are rumors of it premature? The probability of monetary policy easing at the July meeting is now almost at 80%, so the dollar has every chance of a […]
Control zones GBPUSD 06.19.19
The downward movement continues to be a mid-term impulse. Yesterday, the monthly low was updated and this has not yet led to the formation of an absorption pattern, so retaining a portion of sales is the main plan for today. The medium-term goal of the decline is the lower limit of the average weekly range […]