EUR/USD On Monday, the euro was trading in the range of 1.1200/45, limited support for the daily MACD line and the price channel line. Now the euro is facing a choice – to increase the correctional growth to the MACD line on H4 to the price of 1.1283, or to go out of range downward […]
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EUR/USD On Monday, the euro was trading in the range of 1.1200/45, limited support for the daily MACD line and the price channel line. Now the euro is facing a choice – to increase the correctional growth to the MACD line on H4 to the price of 1.1283, or to go out of range downward […]
GBP/USD On Monday, the pound sterling reached another bearish target of 1.2530, determined as a low on December 14 of last year. If we consolidate below the level, we see the prospect of a decline towards the support of the price channel line of 1.2350. But today, the pound has the opportunity to linger above […]
GBP/USD On Monday, the pound sterling reached another bearish target of 1.2530, determined as a low on December 14 of last year. If we consolidate below the level, we see the prospect of a decline towards the support of the price channel line of 1.2350. But today, the pound has the opportunity to linger above […]
Forecast for June 18: Analytical review of H1-scale currency pairs: For the euro / dollar pair, the key levels on the H1 scale are: 1.1268, 1.1246, 1.1231, 1.1194, 1.1181, 1.1153 and 1.1131. Here, we continue to follow the development of the downward cycle of June 12. Short-term downward movement is expected in the range of […]
Forecast for June 18: Analytical review of H1-scale currency pairs: For the euro / dollar pair, the key levels on the H1 scale are: 1.1268, 1.1246, 1.1231, 1.1194, 1.1181, 1.1153 and 1.1131. Here, we continue to follow the development of the downward cycle of June 12. Short-term downward movement is expected in the range of […]
Control zones USDCHF 06/18/19
Today’s trading plan is to find favorable prices for buying the instrument. Pulling down the pair will allow you to enter a long position. The main goal of growth is the weekly CZ 1.0057-1.0039. The probability of the test of this zone is at 70%, so the risk-reward ratio must be tied to these levels. […]
Control zones USDCHF 06/18/19
Today’s trading plan is to find favorable prices for buying the instrument. Pulling down the pair will allow you to enter a long position. The main goal of growth is the weekly CZ 1.0057-1.0039. The probability of the test of this zone is at 70%, so the risk-reward ratio must be tied to these levels. […]
EURGBP is near resistance, a drop to 1st support is possible Entry: 0.8982 Why it’s good : 100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance Stop Loss : 0.9063 Why it’s good :horizontal swing high resistance Take Profit : 0.8791 Why it’s good: 61.8% Fibonacci extension, horizontal overlap support, 61.8% Fibonacci retracement The […]
EURGBP is near resistance, a drop to 1st support is possible Entry: 0.8982 Why it’s good : 100% Fibonacci extension, 78.6% Fibonacci retracement, horizontal swing high resistance Stop Loss : 0.9063 Why it’s good :horizontal swing high resistance Take Profit : 0.8791 Why it’s good: 61.8% Fibonacci extension, horizontal overlap support, 61.8% Fibonacci retracement The […]
Price is approaching its support where it could potentially bounce up to its resistance. Entry : 1.0515 Why it’s good : 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal pullback resistance Stop Loss : 1.0454 Why it’s good : 100% Fibonacci extension Take Profit : 1.0587 Why it’s good : Horizontal swing high resistance The material […]
Price is approaching its support where it could potentially bounce up to its resistance. Entry : 1.0515 Why it’s good : 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal pullback resistance Stop Loss : 1.0454 Why it’s good : 100% Fibonacci extension Take Profit : 1.0587 Why it’s good : Horizontal swing high resistance The material […]
Price is approaching its support where it could potentially bounce up to its resistance. Entry : 108.147 Why it’s good : 76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low resistance Stop Loss : 107.854 Why it’s good : horizontal swing low support Take Profit : 109.012 The material has been provided by InstaForex Company […]
Price is approaching its support where it could potentially bounce up to its resistance. Entry : 108.147 Why it’s good : 76.4% Fibonacci retracement, 100% Fibonacci extension, horizontal swing low resistance Stop Loss : 107.854 Why it’s good : horizontal swing low support Take Profit : 109.012 The material has been provided by InstaForex Company […]
Worse and worse (weekly review of EUR/USD and GBP/USD from 06/17/2019)
The dollar strengthened quite briskly, although if you look at the US statistics, you just have to throw up your hands, because there was nothing to be happy about. Thus, the number of open positions at JOLTS decreased from 7,474 thousand to 7,449 thousand, and the total number of applications for unemployment benefits increased by […]
Worse and worse (weekly review of EUR/USD and GBP/USD from 06/17/2019)
The dollar strengthened quite briskly, although if you look at the US statistics, you just have to throw up your hands, because there was nothing to be happy about. Thus, the number of open positions at JOLTS decreased from 7,474 thousand to 7,449 thousand, and the total number of applications for unemployment benefits increased by […]
What will the Fed present this week, and will it be enough for the market to recognize the further course in the policy of the US regulator? For the time being, the dollar remains in force, despite the inflated bar for the “dovish surprise”. Market participants previously sold dollars, as confidence in several rounds of […]
GBP/USD. June 17. Results of the day. Boris Johnson misses debates on elections for the post of prime minister
4-hour timeframe The amplitude of the last 5 days (high-low): 89p – 62p – 77p – 46p – 102p. Average amplitude for the last 5 days: 75p (70p). Boris Johnson did not have time to win the first round of elections for the post of leader of the Conservative Party, as well as the prime […]
GBP/USD. June 17. Results of the day. Boris Johnson misses debates on elections for the post of prime minister
4-hour timeframe The amplitude of the last 5 days (high-low): 89p – 62p – 77p – 46p – 102p. Average amplitude for the last 5 days: 75p (70p). Boris Johnson did not have time to win the first round of elections for the post of leader of the Conservative Party, as well as the prime […]
EUR/USD. June 17. Results of the day. Reducing the key rate of the Fed in the near future could be a shock to the market
4-hour timeframe The amplitude of the last 5 days (high-low): 41p – 37p – 61p – 36p – 86p. Average amplitude for the last 5 days: 52p (54p). The first trading day of the week for the EUR/USD pair has passed, one can say, positively. Following the collapse of quotes on Friday, today, against the […]
EUR/USD. June 17. Results of the day. Reducing the key rate of the Fed in the near future could be a shock to the market
4-hour timeframe The amplitude of the last 5 days (high-low): 41p – 37p – 61p – 36p – 86p. Average amplitude for the last 5 days: 52p (54p). The first trading day of the week for the EUR/USD pair has passed, one can say, positively. Following the collapse of quotes on Friday, today, against the […]
EUR/USD: weak reports from the United States and the escalation of the US-Iran conflict
The dollar index gradually loses its position. There is not a trace left of the former confidence of dollar bulls, therefore, to one degree or another, the greenback loses the points it won on Friday in almost all currency pairs. The brightest correctional dynamics is observed in the euro-dollar pair. During the European session, the […]
EUR/USD: weak reports from the United States and the escalation of the US-Iran conflict
The dollar index gradually loses its position. There is not a trace left of the former confidence of dollar bulls, therefore, to one degree or another, the greenback loses the points it won on Friday in almost all currency pairs. The brightest correctional dynamics is observed in the euro-dollar pair. During the European session, the […]
EURUSD: Euro strengthened ahead of the Fed meeting, and Iran is ready to violate the nuclear deal
The absence of important fundamental statistics, as well as a report on wage growth in the euro area, helped the euro to strengthen its position against the US dollar after a massive Friday. However, the growth potential will be limited, since the two-day meeting of the Federal Reserve System will begin tomorrow, after which a […]
EURUSD: Euro strengthened ahead of the Fed meeting, and Iran is ready to violate the nuclear deal
The absence of important fundamental statistics, as well as a report on wage growth in the euro area, helped the euro to strengthen its position against the US dollar after a massive Friday. However, the growth potential will be limited, since the two-day meeting of the Federal Reserve System will begin tomorrow, after which a […]