As DowJones have fallen badly last day.. now its in highly recovery mode now.. Best opportunity to make any entry in it. Go for a sure buy in it.
Gold is looking in a deep sale over M30 Chart. It has a strong resistance at 1949. It can be used an SL for making a sell in it.
Yesterday, the euro approached its most important range of 1.0636/70 by another 25 points. Large, in qualitative terms, there was a modification of the Marlin Oscillator - it finally got out of the sideways movement to further decline. We are waiting for the price in the target range of 1.0636/70. The price continues to decline under the balance and MACD indicator...
The USDCAD earlier today saw the 200 day MA and the 100 hour MA broken helped by the 50BP hike by the BOC and a lower USD. The break saw increased selling momentum with the price moving down to test the 200 hour MA at 1.2557 currently. The low price reached 1.2555 before bouncing. The bounce took the price up and back above the broken 38.2% of the move up from...
Overview of the EUR/USD pair. April 13. US inflation continues to grow by leaps and bounds. Overview of the GBP/USD pair. April 13. Chip and Dale rush to the rescue: Finland and Sweden are preparing to join NATO. Forecast and trading signals for EUR/USD on April 13. Detailed analysis of the movement of the pair and trading transactions. On April 13, we highlight...
Support and Resistance Levels are the Levels that serve as targets when buying or selling the pair. You can place Take Profit near these levels. Overview of the EUR/USD pair. April 11. The presidential election in France may change the mood within the European Union. Overview of the GBP/USD pair. April 11. Key events of the week: US and British...
DAX40 is also looking follow the NASDAQ's trend.. Looking in Buy side over H4 timeframe...
It is clearly visible on the hourly timeframe that the pair has not been able to determine the direction of movement for several weeks and has been in a limited range all this time. The upward momentum ended very quickly near the level of 1.3175 and the bulls failed to at least return to this level. As a result, in the coming hours, the pair may be near the level...
On the H4, with price expected to bounce off the support of the Ichimoku cloud, we have a bias that price will rise to our 1st resistance at 0.69875 in line with the swing high resistance from our 1st support at 0.68752 in line with the horizontal overlap support, 50% Fibonacci retracement and 100% Fibonacci projection. Alternatively, price may break 1st support...
In the one-hour time frame, the trend is still bearish as long as the level of 1.3174 is not broken. The level of 1.3174 has been rejected several times confirming the validity of a bearish market today. So, resistance is seen at 1.3203. The market is still indicating a strong bearish trend from the spot of 1.3174 - 1.3203. Thereupon, it would be wise to sell...
Yesterday, the euro withstood the strong resistance of the MACD indicator line and the descending line of the price channel on a monthly scale. The day's high touched the trend line, and today, from the opening of the session, the price went above it. Now the course is to close the gap, to the Fibonacci reaction level of 161.8, to the target level of 1.1315. The...
NASDAQ did not take long to reach the key target outlined in an earlier post, but the NASDAQ index has reached its 100 day moving average at 14648.86. The high price just reached 14646.90. Above the 100 day moving averages the 200 day moving average at 14726.96. It would take a move above both to increase the bullish bias, but so far, the sellers are leaning with...
DowJones AKA US30 is looking in sell mode now. Looking in a correction mode for now.
Gold is in buy phase after getting 1908 level. Suggested chart over H4 timeframe.
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY traded into the resistance zone of 153.800. The UK employment data will be released later at 1500 (GMT+8). Average Earnings Index 3m/y (Forecast: 4.6%, Previous: 4.3%) Claimant Count Change (Forecast: 20.3K, Previous: -31.9K) Unemployment Rate (Forecast: 4.0%, Previous: 4.1%) Currently, GBP/JPY is...
Overall, GBP/USD is trending downwards. The UK GDP m/m data (Actual: 0.8%, Forecast: 0.1%, Previous: -0.2%) released last Friday indicated a strong rebound in UK’s economic growth in January. Currently, GBP/USD is the support zone of 1.30400 and the next resistance zone is at 1.32200. Look for short-term selling opportunities of GBP/USD if it breaks the support...
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY broke above the key level of 153. The UK GDP m/m data (Actual: 0.8%, Forecast: 0.1%, Previous: -0.2%) released last Friday indicated a strong rebound in UK’s economic growth in January. GBP/JPY’s next support zone is at 151.000 and the next resistance zone is at 153.800. Look for short-term buying...
Dowjones is looking sell on technical and fundamentals both.. Sell suggested over H4 Chart with proper risk management.