USD (US Dollar)

LTCUSD is approaching our first support at 44.38 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where we might see a strong bounce in price to our major resistance at 50.28 (61.8% Fibonacci extension). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin...

ETHUSD is approaching our first support at 134.48 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 166.99 (horizontal swing high resistance). RSI (21) is also approaching support where we might see a corresponding rise in price....

USDCAD is approaching its support at 1.3170 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 1.3223 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 0.38% where a corresponding bounce could occur.

USDCHF is approaching its support at 0.9990 (61.8% & 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.0025 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (55, 5, 3) is approaching its support at 4.7% where a corresponding bounce could occur.

LTCUSD is approaching our first support at 44.38 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where we might see a strong bounce in price to our major resistance at 50.28 (61.8% Fibonacci extension). Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin...

The outlook for the Pound looks quite bright. The move in the Pound has been by far the most aggressive in the last 24h, which puts us in a difficult position to find good opportunities to engage in buy-side action unless your strategy is based upon momentum or some type of scalping that gets you in and out of the market fairly quickly. The reason I am saying that...

XAGUSD is approaching our first resistance at 16.259 (Horizontal pullback resistance, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 15.577(horizontal swing low support, 61.8% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it...

Here expecting EURUSD to break down from its four-month range to the downside over the coming hours. All of the Euro push up factors (growth expectations, improved politics etc) have all left the picture and now we are back to the same story before the rally towards 1.25. Europe, particularly on a risk adjusted basis has worsened. Poor growth and inflation are...

The outlook for the Euro in the next 24h is unambiguously bullish. The dashboard above represents the positive outlook, with both technicals and intermarket flows converging to expect further demand imbalances. What’s also important is to acknowledge that in the scenario that the EUR/USD trend really takes off, we are just coming out of a macro trend as per the...

This one made a big rally the past weeks, even getting above that green zone on the left without hesitation. Now it has some resistance from that channel, but because the move up was so strong, it is becoming more likely that it will break sooner or later. Normally we should see it make a healthy correction first the coming week or so. On the right we can see a...

If you revisit yesterday’s dashboard, you’d notice the short-term flows were in complete alignment for the Aussie to be a buy on weakness market. Fast forward to today’s price action, and we are still presented with an even improved picture as technicals and intermarket flows stay in agreement. The dashboard above is an absolute sea of green, and while anything...

TVC:USOIL Time frame: 4 hours Trade idea description: Crude Oil have been trading in a multi-days expanding channel, so far it is just few points away testing the top of this channel. Over all trend is bearish and market is in a corrective structure, momentum on higher time frames is bearish as well, so keeping bigger picture in mind, i am waiting for this...

If you are looking to be a buyer on this market, extreme caution is be required, as the broad-based USD weakness has resulted in both the DXY and long-dated US yields trending lower from both a micro and macro flows standpoint. In the vast majority of cases, unless aggressive buy-side action is seen in equities to offset this negative input, any USD/JPY recovery...

As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.3. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.31. TP4: R2=1.3155. Set the stoploss of these orders at breakout of S2=1.298. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...

WARNING, WE FORECASTED USD INDEX CRASH, ITS JUST STARTED, FEDERAL OPEN MARKET COMITTE MINUTES will come out today and WILL CRASH USD DOLLAR SO BAD SO BAD. BE CAREFUL, USD INDEX WILL FALL SO HARD. THANKS FOR YOUR SUPPORT AND GENEROSITY SUPPORT US : THUMPS UP, FOLLOW YOUTUBE : www.youtube.com WEEKLY FOREX FORECAST TWITTER :...

DXY continues to trade on the 1W Channel Up started on May 2018. With 1W technicals mostly neutral (RSI = 53.089, ADX = 18.480, Highs/Lows = 0.0000, STOCH = 48.384) the pattern is indicating that we are on possible rebound levels. As seen on the chart the price is on the inner supporting line of the Channel (A). Technically the maximum downside is on the outer...

As everyone has been saying, $USDARS will likely get close to the $50 mark, a 2W timeframe Time@Mode signal kicked off, and it's already active for 2 bars, out of 10 that are forecasted as part of the uptrend. This rally has 3 possible targets which are laid out on chart, valid for as long as the time lasts, or as long as $USDARS trades above the 37 mark. I...

In this video update, we take a look at USDCAD as it rejected the key 1.3300 resistance last week. Expecting further downside to continue here on this market and looking for a pullback into the previous 4hr lows which holds a 50% fib retracement. A sell limit order may be appropriate here as the news may cause the market to spike into the key zone.