tradingforecast

Kav1ka Kav1ka DXY, 15, Long , 2 months ago
DXY: DXY Prediction On Positive JOLTs data
51 0 2
DXY, 15 Long
DXY Prediction On Positive JOLTs data

Following NFP report last week which seen as bullish despite an uptick on unemployment data, the focus mainly was the hourly wages which beat expectation of 0.4% vs expected 0.3%. This week economic data (JOLTs report) should give us a closer look at the labor force market and whether unemployment is really a concern. If however, the market disappoints then we ...

eee_traders eee_traders EURUSD, 120, 7 months ago
EURUSD: EURUSD Trading Forecast for July 19, 2016
58 0 2
EURUSD, 120
EURUSD Trading Forecast for July 19, 2016

On a long term view, EURUSD is still correcting. If price rally above 1.0990, the pair may continue to be bullish for the next trading days. On the other hand, a break below 1.1020 suggests that correction is over and will push price lower.

eee_traders eee_traders XAGUSD, 60, Short , 7 months ago
XAGUSD: SILVER Trading Forecast for July 13, 2016
119 0 2
XAGUSD, 60 Short
SILVER Trading Forecast for July 13, 2016

Like Gold, Silver rallied as high as 21.10 before it turned down. Currently, price is trading sideways which may go as low as 19.00 area. A break out from its corrective channel will signal that this metal is back to being bullish once again.

eee_traders eee_traders XAUUSD, 60, Long , 7 months ago
XAUUSD: GOLD Trading Forecast for July 13, 2016
103 0 2
XAUUSD, 60 Long
GOLD Trading Forecast for July 13, 2016

Last week, this metal did rally as high as 1375 and is now trading lower. As long as Gold manages to stay within its channel, price may once again soar up towards 1350-1355 before going down once again.

eee_traders eee_traders AUDUSD, 120, Long , 7 months ago
AUDUSD: AUDUSD Trading Forecast for July 13, 2016
17 0 1
AUDUSD, 120 Long
AUDUSD Trading Forecast for July 13, 2016

Aussie price is still correcting and may rally to as high as 0.7700 as long as 0.7575 holds. A break below that level suggests that this pair already topped at 0.7650.

eee_traders eee_traders GBPUSD, 120, Long , 7 months ago
GBPUSD: GBPUSD Trading Forecast for July 7, 2016
47 0 2
GBPUSD, 120 Long
GBPUSD Trading Forecast for July 7, 2016

Price made a decent 5 wave down which has already ended at 1.2795. Ideally, cable may temporarily rise towards its 61.8% retracement at 1.4165 area before downtrend resumes.

eee_traders eee_traders AUDUSD, 120, 7 months ago
AUDUSD:  AUDUSD Trading Forecast for July 7, 2016
19 0 1
AUDUSD, 120
AUDUSD Trading Forecast for July 7, 2016

AUDUSD is still correcting sideways inside corrective channel which may push price higher towards 0.7800 area. But when it breaks below 0.7300, bears might be back once again.

eee_traders eee_traders CL2!, 120, Long , 7 months ago
CL2!:  CrudeOil Trading Forecast for July 7, 2016
41 0 2
CL2!, 120 Long
CrudeOil Trading Forecast for July 7, 2016

Oil has been trading sideways, yet we are bullish where price is anticipated to reach 55-60 area.

eee_traders eee_traders XAGUSD, 120, Long , 7 months ago
XAGUSD: SILVER Trading Forecast for July 7, 2016
81 2 2
XAGUSD, 120 Long
SILVER Trading Forecast for July 7, 2016

Like Gold, Silver may reach 21.50-22.00 area days from now.

eee_traders eee_traders XAUUSD, 120, Long , 7 months ago
XAUUSD: GOLD Trading Forecast for July 7, 2016
60 0 3
XAUUSD, 120 Long
GOLD Trading Forecast for July 7, 2016

Gold is seen to push towards 1390-1400 area days from now while awaiting NFP on Friday.

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