GBPUSD – Up
Gold – Key level 1211…Continue
Added by Hendro Wafiq on March 3, 2015 at 1:48am — No Comments
Added by Andrius on March 2, 2015 at 7:05pm — No Comments
The Russian ruble has recorded its biggest monthly gain since the early 1990s amid higher oil prices, an easing of the fighting in eastern Ukraine and a less intensive foreign debt repayment schedule as it claws back some of the losses it sustained during panic on currency markets last year.
Added by Ron Schelling on March 2, 2015 at 8:34pm — No Comments
Added by Andrius on March 2, 2015 at 8:56pm — No Comments
GBP USD 3 Min:
Today has been characterised by fairly tight trading with US news expected at 13.30 and 15.00, (moderate and high importance respectively) so price action has been…Continue
Added by Constantine on March 2, 2015 at 12:52pm — No Comments
USDJPY: Vulnerable Below The 120.47 Level
USDJPY: Despite the pair’s marginal higher close the past week, it still faces bear risk while holding below the 120.47 level. On the downside, support comes in at the 118.62 level where a break will target the 118.00 level. Below here if seen will aim at the 117.00 level followed by the 116.00 and then the 115.00. On the upside, resistance resides at the 120.47 level. Below here will aim at the 121.00 level where a break will target the…Continue
Added by fxtech on March 2, 2015 at 2:39pm — No Comments
Today,02 March, I have given Asian session:Live market analysis webinar explaining expected market moves for this week .This being first week of the month the market is expected to make very volatile moves with upward bias.
I have explained the expected market moves during BOE and ECB interest rate decision ,ECB press conference and NFP data release times.
You can view the recording of the webinar following the given below link:…Continue
Added by Dr. Sivaraman on March 2, 2015 at 4:51pm — No Comments
EUR USD 3 Min…Continue
Oil: price is tested the level of 5105 & retreat as there is not any fundamental and technical support the bullish channel. However, breaking the key factor will keep the negative continuation of the bearish trend in the coming session.
Therefore, we continue with our bearish opinion for now and our expectation if the price break the 48.60, then price will keep rolling down to 46.20 & 44.80.
Oil: expected trading range for today S 48.25 support &…Continue
Added by Pierre Chahine on March 2, 2015 at 6:04pm — No Comments
Last week, Euro fell to the downside. Today it took support at 1.1159. A lot of data is going to be released today from US, which may strengthen the dollar.
Short Eur/Usd below or at 1.1205 with SL 1.1245 and target 1.1140 and 1.1120
Short Eur/Usd below 1.1290 with SL 1.1310 and target 1.1200/1.1171/40/20
See you Later, BOL
Cable has recovered very nicely last month, back to 1.5550 which now seems to be a pullback of a higher degree. However, despite a strong recovery we see rally from the low in corrective formation, labeled as (4) that will send GBP back down in March. We anticipate a decline into wave (5) that could reach even 1.4600.
GBPUSD Daily Elliott Wave Analysis…
Added by Gregor Horvat on March 2, 2015 at 9:33am — No Comments
After last month's EUR pullback seems that the EU currency is ready to go south for another wave. The pair has lost 1.1200 level again and is currently trading below, with no signs for any upside for now. indicators on almost all timeframes are bearish which tells me that soon we are going to 1.1100 and below. Daily resistance here is at 1.1350 and only above that we may hope for further recovery. The pair is bearish below 1.1300 on Daily any price below this level will be used to open fresh…Continue
Added by Vladimir Mihaylov on March 2, 2015 at 7:49am — No Comments
Outlook in EURUSD remains on the downside as long as 1.1379 resistance holds on a daily closing basis , support comes at the 1.1087 levels , a halt is likely , but a cut would open 1.0966 next , further down will target the 1.0835 levels.
On the upside , resistance comes at the 1.1278 levels ahead of the 1.1379 levels (main) , stability below both levels will keep the pair under pressure , however , sustained breakout – daily closing above the 1.1379 levels will suggested short term…Continue
Added by Haitham653 on March 2, 2015 at 6:58am — No Comments
Outlook in GBPUSD remains neutral with risk to the upside as long as 1.5342/1.5393 support holds on a daily closing basis , resistance comes at the 1.5539/1.5619 levels , a halt is likely , but a break would 1.5785 next , further upside will target the 1.5941 levels ..
On the downside , support comes at the 1.5393 levels ahead of the 1.5342 levels (main) , losing the 1.5342 levels on a daily closing basis will suggest short term topping and reverse risk to the downside towards the…Continue
Added by Haitham653 on March 2, 2015 at 7:01am — No Comments
GOLD: Risk Remains Lower Despite Recovery Attempts
GOLD: Although a marginal higher close occurred the past week, GOLD continues to retain its broader downside pressure. On the upside, resistance resides at the 1,219.98 level where a break will aim at the 1,230.00 level, its key psycho level. A violation of here will turn attention to the 1,250.00 level followed by the 1,180.00 level. A cut through this level will extend gains towards the 1,300.00 level. On the downside, support comes…Continue
Added by fxtech on March 2, 2015 at 3:31am — No Comments
A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 32 white candles versus 18 black candles with a net of 14 white candles.
MACD is BEARISH as the MACD is below the signal line.
The MACD crossed below the signal line 5 period(s) ago. Since the MACD…Continue
Added by Martin Kay on March 2, 2015 at 3:17am — No Comments
GBPJPY – Down
Gold – Key level 1211…Continue
Added by Hendro Wafiq on March 2, 2015 at 1:22am — No Comments
Looking at the EUR vs NZD on the daily chart above we can see that the OBV has made a…Continue