Archive for Technical Analysis

Forex Technical Analysis & Forecast 19.01.2018 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)

Article By EUR USD, “Euro vs US Dollar” The EUR/USD pair has finished the fourth structure. We think, today the price may fall towards 1.2121 and then grow to reach 1.2222. Later, in our opinion, the market may start another decline with the target at 1.2060.   GBP USD, “Great Britain Pound vs US […]

EURUSD: euro bulls have recovered 85% of their losses

By Gabriel Ojimadu, Alpari Previous: On Thursday the 18th of January, trading on the EURUSD pair closed up. The pair started rising during the Asian session and gathered pace during trading in Europe. This rise was initially interpreted by traders as correcting the drop from 1.2288 to 1.2165. After taking 1.2220 (45 degrees), growth on the […]

How to Pick a Trading Session

By Admiral Markets Dear traders, Trading the financial markets is not just about trading systems and picking up the right entries. It is also about timing your entries. In today’s blog, I will focus on teaching you how to trade using the correct market hours. Regarding that matter, there are specific periods of activity for […]

EUR/USD Technical Uptrend Retracement Possible

By Admiral Markets The EUR/USD is still in uptrend but last couple of days we have had a whipsaw-ish price action even on higher time frames. Traders could have seen both up and down price movement without any clear direction. Lower highs and lower lows make the obvious formation on 4h time frame and we […]

Ichimoku Cloud Analysis 18.01.2018 (AUD/USD, NZD/USD, USD/CAD)

Article By AUD USD, “Australian Dollar vs US Dollar” The AUD/USD pair is trading at 0.7970; the instrument is still moving above Ichimoku Cloud, which means that it may continue growing. We should expect the price to test Tenkan-Sen and Kijun-Sen at 0.7925 and then continue moving upwards to reach 0.8080. Another signal to […]

Murrey Math Lines 18.01.2018 (USD/CHF, GOLD)

Article By USD CHF, “US Dollar vs Swiss Franc” At the H4 chart, the USD/CHF pair is expected to test the resistance at the 3/8 level, rebound from it, and then resume falling towards the support at the 0/8 one. As we can see at the H1 chart, the pair has rebounded from the 5/8 level and right now is […]

EURUSD: the pair has entered a correctional phase on the daily timeframe

By Gabriel Ojimadu, Alpari On Wednesday the 17th of January, trading on the euro/dollar pair closed down. The euro dropped against the dollar from 1.2323 to 1.2177. This decline was catalysed by a jump in US 10Y bond yields as well as an upwards correction on the dollar. US bonds jumped from 2.53% to 2.58%. Statements […]

USD rebounds but investors question if the dollar can hold on to the gains

By Orbex Blog Daily Forex Market Preview, 18/01/2018 The U.S. dollar posted a strong rebound yesterday. Lack of economic data from the U.S. saw investors focusing on the broader macro themes. Apple Inc’s announcement about repatriating billions of dollars in overseas cash saw the markets react bullishly on the news. On the economic front, the […]

USD surges on positive risk sentiment

Article by ForexTime The USD surged back into focus today as markets were more upbeat about the USD and the prospects for the future. This came on the back of a crypto currency pullback that sent some investors panicking, but for the majority of traders the USD was the big winner today when it came […]

Dollar stabilizes… but for how long?

Article by ForexTime The battered Dollar stabilised against its peers on Wednesday as investors pondered the possibility of a US Government shutdown on Friday. Heightened political uncertainty in Washington is likely to weigh heavily on the Dollar and may fuel the downside. It is interesting that the Dollar remains at such depressed levels despite expectations […]

GBPAUD: Forex Technical Analysis – Preparing for publication of economic statistics

By IFCMarkets Preparing for the publication of economic statistics In this review, we consider the dynamics of the British Pound against the Australian Dollar. Is there a possibility for the GBPAUD quotes to increase? Such movement implies strengthening of the pound and weakening of the Australian dollar. The news about the possibility of soft Brexit […]

Fibonacci Retracements Analysis 17.01.2018 (GBP/USD, EUR/JPY)

Article By GBP USD, “Great Britain Pound vs US Dollar” As we can see at the H4 chart, after breaking the high at 1.3657, the GBP/USD pair is still trading upwards and may grow towards the post-correctional extension area between the retracements of 138.2% and 161.8% at 1.3900 and 1.4050 respectively. At the H1 […]

Forex Technical Analysis & Forecast 17.01.2018 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)

Article By EUR USD, “Euro vs US Dollar” The EUR/USD pair is still consolidating at the top of the ascending wave; it has updated the high of the range and right now is forming another descending impulse with the target at 1.2180. Later, in our opinion, the market may grow towards 1.2247 and then […]

EURUSD: the pair strayed, then returned to the balance line

By Gabriel Ojimadu, Alpari Previous: On Tuesday the 17th of January, trading on the euro/dollar pair closed 3 pips down. The intraday low was 1.2195. In the European session, the euro dropped after reports from Germany, where the Social Democrats are split on whether or not to join in a coalition government with Angela Merkel’s Christian […]

USD stays subdued as euro and yen maintain gains

By Orbex Blog Daily Forex Market Preview, 17/01/2018 The U.S. dollar continued to trade weak with the euro and the Japanese yen held onto it’s gains. Investors bid up the euro and the yen as both the currency’s central bank meetings are coming up next week. Hopes of policy normalization from the respective central banks […]

RoboForex introduces Bitcoin as an account base currency

RoboForex is announcing Bitcoin as a new base currency for trading accounts. Now the Company’s clients have an opportunity open trading accounts, deposit and withdraw funds in BTC currency (Bitcoin). Trading accounts with this new base currency can be opened in MetaTrader 4 and MetaTrader 5 platforms. The BTC base currency is available for Pro-Standard […]