USDJPY is at resistance now prior to the USD CPI data, which measures the change in prices across a representative basket of goods and services. The CPI data is a key economic indicator used to monitor inflation, and the Fed has lately expressed concerns around inflation. Technically the USDJPY has broken the ascending channel to the downside, and is now retesting...
EURGBP is trading to resistance prior to the GBP Unemployment rate data, which measures the amount of the workforce unable to find employment domestically. Technically the pair has traded to a key resistance level, and is also at 200 hour moving average resistance. We anticipate downside from here into the 0.8497 level.
GBP/CAD Signal Market Buy: 1,72780 Stop-Loss: 1,72250 Target 1: 1,73600 Target 2: 1,74600 Stop-Loss: 53 pips Risk: 0,5% Risk-Reward: 3,42
EURCHF has found support today prior to the CHF Foreign Currency Reserves data, which shows the amount of foreign currency held in the SNB reserves. Technically the pair has found support and we anticipate upside as a mean reversion, into the 1.0955 level.
USDCAD has bounced out off resistance prior to the FOMC Minutes, which reviews economic and financial conditions, determines the appropriate stance of monetary policy and assesses the risks to its long-run goals of price stability and sustainable economic growth. Technically the pair has bounced out of resistance forming a double top, and the RSI has given a sell...
EURJPY is trending to the upside today prior to the EUR Retail sales data, which measures the total receipts for retail stores in the Eurozone. Technically the pair has bounced from the trendline and the RSI has turned bullish. We anticipate continued upside into the 132.25 level.
AUDCHF has bounced from a key monthly level prior to AUD Private Sector Credit data, which shows the amount of borrowing in the private sector. Technically the pair has bounced from a key monthly level, breaking a descending wedge pattern to the upside, and we now anticipate continued upside on the pair. The RSI has also issued a buy signal.
GBPUSD is trending to the upside prior to the GBP Markit Construction PMI data, which shows business conditions in the UK construction sector. Technically the pair has broken the descending trendline, and has turned bullish. We anticipate upside into the 1.38070 level.
USDJPY is trending to the downside prior to the JPY Coincident Index data, which is a single summary statistic that tracks the current state of the Japanese economy. Technically the pair has broken an ascending trendline and is below the 1h moving averages, which are now in a bearish cross. The RSI is at bearish levels, and we anticipate continued downside into...
EURUSD The price is located in the support zone , where there is a struggle between market participants. I expect growth to the resistance zone
Hello Traders, Hope you all are enjoying the thrill of your trading journey. I am presenting my analysis on EURUSD. EURO is facing trendline support, and we will hope on this trade on a pullback and it can reach till the next support levels according to my technical analysis. I will be booking profits on support levels and trail the stop loss to the previous...
EURGBP has traded into resistance prior to the ECB President Lagarde speech, which will provide insight into future monetary policy decisions for the European Central Bank. Technically the pair is at moving average and trendline resistance, and we anticipate downside today.
GOLD. is all ready to fly up soon. it will straight go up then it will create previous wave pattern. 1st resistance will break near 1885 soon. We sent new signal on public channel see for targets. Ask any question if you want
USDCHF is trending to the downside, and we anticipate the movement to continue to recent lows. The CHF unemployment rate data is to be released within the hour, showing the number of people unemployed domestically. Technically the pair has broken trendline support and rejected upside, and we are looking for downside into the 0.8940 level.
My advisor MarketMiracle generates a LONG input signal for the NZDCAD cross at a price of 0.87016 with a target of 0.89 for a profit of 1.73%. The chart is compatible with the signal in fact the price is oscillating within a triangle and considering the marketSentiment that has passed from positive to negative and a constant upward pressure from large investors (...
taking into account the fact that USD is currently weak and that the pair still has momentum, it is still on the rise .... I think that GBPUSD can go up then we check to see if the price rejects. NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
NZDUSD has traded into resistance today prior to the RBNZ Inflation Expectations information, which shows the Royal Bank of New Zealands outlook at future inflation rates. Technically the pair is at a support resistance structure zone, performing a retest of a broker trendline, and the PPO is giving bearish divergence. We anticipate downside into the 0.7163 level.