BDSwiss_Academy

BDSwiss_Academy

H4 Chart the market is retracing as it seems for the pair. AUDJPY Fibo tool used to identify the comeback. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is...

BDSwiss_Academy

The employment data for the UK turned out positive for the GBP. The number of people in employment increased to a record high in the latest quarter. The GBP appreciated greatly against the EUR today and since its already late, the end of the movement might be here. Retracement back to the mean is expected and as depicted on the chart. However, low activity...

BDSwiss_Academy

NAS100 dropped yesterday after 17:00. It is possible that we see a retracement today as per the arrow. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible...

BDSwiss_Academy

XAUUSD has moved rapidly downwards yesterday after 17:00 (GMT+3) when the USD appreciated greatly. It has not yet fully retraced to the expected 61.8 FE level after finding significant support. As indicated on the chart, breaking the resistance is essential for a confirmation of a further retracement back to the 30-period MA....

BDSwiss_Academy

Gold has settled near 1964 USD/oz and is now currently in a consolidation phase. There are important support and resistance levels to consider. Resistance: 1967 USD Support: 1955 Breaking either of the levels above will push probably the price to the next designated green level. __________________________ Information Regarding Important News and Figures can...

BDSwiss_Academy

The pair is expected to retrace as per the arrow. US Consumer Confidence Slipped in May, Inflation expectations remained elevated pushing the USD for appreciation intraday. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is...

BDSwiss_Academy

The U.S. Stock market jumped on Friday after growing optimism that the U.S. is finally reaching to a debt deal. The NAS100 might retrace this week since it deviated significantly from the mean. Labor data this week will have an impact on stocks. That's late on Friday. For now high volatility is expected with no sharp upward moves....

BDSwiss_Academy

Yesterday, the index did not break important support levels to signal that a retracement will eventually take place, unlike today. It might reverse even before the NYSE opening. Recent volatility does not technically support further rapid movements upwards without significant retracements. __________________________ Information Regarding Important News and...

BDSwiss_Academy

The index has been moving upwards for days. Yesterday it experienced a rapid shock upwards as the U.S. stock market seems to have experienced this in general. The retracement could possibly happen even before the NYSE opening if the index breaks significant support levels indicated with red line. Potential movement is as per the arrow....

BDSwiss_Academy

The pair experienced a reversal. The retracement back to the 61.8 fibo level is possible. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of...

BDSwiss_Academy

Considering that the index moved quite rapidly the last couple of days finding significant resistance helps us identifying the retracement level The fibo tool in trading view helps a lot since it fits perfectly. as indicated by the arrow, further break of the support at 1360 USD will indicate a potential drop. Market opening is at 16:30 for NYSE. Significant...

BDSwiss_Academy

It was an unexpected decline early this morning for the EURUSD to drop as the USD appreciated. We are expecting a comeback as per the arrow reaching at the 61.8% Fibo level. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs...

BDSwiss_Academy

US consumer price growth falls to below 5%, at 4.9%, lower than expected. The market reacted with high USD depreciation. Expectations of Fed pausing rate hikes remain the same possibly. It is quite quick to speculate because the market has not tested many times the resistance but for these kind of announcements sometimes the market reacts quickly on...

BDSwiss_Academy

After the Labor Data for both the US and Canada, the CAD appreciated greatly causing the pair to move rapidly downwards. This shock lasted for long and was not intraday. The pair found a good support eventually showing signs of a retracement. Breaking the resistance levels near 1.33865 will probably push it to the next resistance and 61.8% retracement level as...

BDSwiss_Academy

Retracement is expected after a surprise rate hike by the RBA. There is still room according to the indicator. Price is expected to go back as per the arrow. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly...

BDSwiss_Academy

Its doubtful that the market will move further upwards. The pair is moving around the mean recently. Another retracement is possible. As per the arrow. The 61.8 Fibonacci level is the next estimated target level. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...

BDSwiss_Academy

Recently its price moved strangely downwards. Economists say that this is technical correction after the gap created from the OPEC+ announcements for supply cuts. Further resistance near the 77 USD level would spark the retracement to the 79.4 USD level, the 61.8% of the total movement downwards. Taking into account the commodity's volatility it is more...

BDSwiss_Academy

Today is PMI release day and the pairs are volatile. The ERUGBP happened to move rapidly upwards and now its time for a come back. Using the Fibonacci retracement levels we identify the level at which the market might retrace. As per the arrow. __________________________ Information Regarding Important News and Figures can be found here in our Economic...