All Blog Posts Tagged 'GBP' (606)

Month end surprise has come true.!!!!!!!!

Dear All

In my Blog post and Asian session webinar given on 27th October

http://www.forexstreet.net/profiles/blogs/month-end-surprise

I have given the expected market moves for the week - the month end surprise being big drop in WEURO and GBP after FOMC ( released on 29th Oct).The forecast has come true.Hope you are all benefited in your trades.

You can follow the above link and get the…

Continue

Added by Dr. Sivaraman on October 30, 2014 at 2:24am — No Comments

TD:GBPUSD Technical Patterns Look Positive ...

"The recent turn up in GBPUSD is catching a little more attention with price action looking potentially positive on the short-term charts. Firstly, Cable is testing three-month trend resistance off the July high at 1.6150 today (the 40-day MA lurks just above at 1.6184– versus today’s high of 1.6183).

Secondly, the rebound from the October low may be forming an inverse Head & Shoulders reversal, the neckline of which (1.6157) today’s push higher has also tested. The formation…

Continue

Added by Daologic on October 29, 2014 at 8:15am — No Comments

Share with us your view about GBPUSD. Share and Gain Prizes!

Hello Traders!

Today, we have a fun exercise where you can participate and have a chance to win a GREAT Prize!

All you have to do is read this short GBPUSD analysis from FXStreet's Analyst Valeria Bednarick published today at FXStreet and placed below, and post a quick comment with your opinion. Just share with us your technical view about the GBPUSD.…

Continue

Added by Daologic on October 28, 2014 at 2:15pm — 39 Comments

Month end surprise !!!!!!!!!

Dear All

Now we have come to last week of October.The players are expected to make some big volatile moves to earn more from the traders.

Today (27th Oct) I have explained the expected market moves during this week 27-31 Oct  and also the levels in which they could swing,when I presented Asian session : Live market analysis webinar.The recording of the webinar is available in the given below link :…

Continue

Added by Dr. Sivaraman on October 27, 2014 at 12:48pm — 3 Comments

FOREX forecast 27.10.2014-31.10.2014

EUR is currently below the Daily resistance of 1.2720, we have two more resistance levels to break after that - they are 1.2735 and 1.2760. Above the last the upside will be fully restored and you may enter LONG. We have the FOMC meeting on Wednesday so i expect some EUR recovery ahead, but not above 1.2900 before the meeting. Weekly, Daily and H4 indicators are turning to the upside so this tells me that some recovery is possible. If we break 1.2900 resistance too then the recovery may…

Continue

Added by Vladimir Mihaylov on October 27, 2014 at 5:57am — No Comments

FOREX forecast 20.10.2014-24.10.2014

EUR slowly looses positions from last Wednesday's upside jump and is trading currently at the 1.2750 support. Next stronger support is at 1.2700, for which i ecpect to hold and the recovery to continue to 1.2900 and above. However if for some reason we have a Daily close below 1.2700, this will reopen the way back to 1.2540 and below. This week we do not have any so much important news, except PMI data on Thursday and US jobless claims later the same day.

GOLD is locked within the…

Continue

Added by Vladimir Mihaylov on October 20, 2014 at 5:15am — No Comments

FOREX forecast 13.10.2014-17.10.2014

EUR was unable to reach 1.2350 weekly target as the last downside push has been stopped by the 1.2500 level. A powerful recovery followed reaching 1.2800. Currently we are above the main daily support @ 1.2650 and seems the recovery is going to continue with first target 1.2730 and second one at 1.2800 finally 1.3000. However it is too early to say that any downside is over as the daily indicators are showing unstable recovery. Today is a non-working day for USA, Canada and Japan, markets…

Continue

Added by Vladimir Mihaylov on October 13, 2014 at 5:33am — No Comments

UBS:FX Perspectives- No Dollar Top Yet

"Broad-based dollar strength to continue, subject to positioning adjustments.

We expect the dollar to continue outperforming within G10 heading into year-end. Policy differentials will consolidate in the dollar's favour and the latest round of data suggest that the balance of risks has shifted towards the Fed becoming more assertive. On top of the strong September payrolls report, our economists note that September ISM figures appeared 'consistent with 5% real GDP growth and 300k'…

Continue

Added by Daologic on October 7, 2014 at 5:33am — No Comments

FOREX forecast 06.10.2014-10.10.2014

EUR closed another week at the lowest price with still absolutely no signs of recovery. Seems that the target is the Monthly SMA200 at 1.2220, but the pair may even try an attempt to go below. I doubt it will succeed. This week's target will be 1.2350. Daily resistance is 1.2690 and the pair has no chances of breaking it higher. EUR is now extremely bearish as all bulls are dead and the dollar makes more gains after a lot better than expected NFP data. There is no so important data releases…

Continue

Added by Vladimir Mihaylov on October 6, 2014 at 5:15am — No Comments

The TREND Trader-Majors

EURUSD

Trend: Bearish

Strenght: Strong

Start of the downtrend: 1.3655

Macro: The diverging stance between FED and ECB. FED has started to tighten the monetary conditions since the start of tapering process. ECB has eased the monetary conditions. This conditions will persist untill the inflation in the EZ will start to revive to ECB commfort levels (2-3%).

Correction: There have been no correction yet. I wait for a correction to sell EURUSD.

Potential…

Continue

Added by Daologic on October 4, 2014 at 6:00am — 13 Comments

RBS: Trading strategy-29 Sept.

"Negative nominal rates are a powerful medium-term EUR negative and markets aren't trading like EUR/USD positioning is stretched. Stay short as a confirmed break of 1.2671 could lead to an early test of multi-year lows. While GBP/USD should also fall, short EUR/GBP looks a more compelling monetary policy divergence play. RBNZ Governor Wheeler's talk of possible currency intervention is significant and supports our view that NZD/CAD falls further. We add short AUD/CAD as iron ore prices are…

Continue

Added by Daologic on September 29, 2014 at 7:49am — No Comments

FOREX forecast 29.09.2014-03.10.2014

EUR has continued the free fall which started nearly 10 weeks ago. News from the EU and ermany are continuous worse and worse while over the Atlantic Mrs.Yellen continues to reduce the stimulus program. From the other side seems that 1000 pips were not enough for the big players to take their profit and they continued to sell EUR. Are they brave enough to bring the price to 1.2210? Technically this is not impossible. This price is the monthly SMA200 line and it is a good target. This monthly…

Continue

Added by Vladimir Mihaylov on September 29, 2014 at 5:12am — No Comments

RBS: Trading Strategy

"A smaller than expected tLTRO take-up and largely unchanged FOMC language wasn't sufficient to squeeze EUR/USD higher as we had expected, so we square tactical long EUR/USD exposure. We continue to hold strategic shorts looking for a move to 1.27 or below by year-end and 1.22 by mid-2015 as negative nominal rates are a powerful medium-term EUR negative. While the dust settles post the Scottish referendum we keep our GBP powder dry, but will look to sell EUR/GBP rallies. Data surprises may…

Continue

Added by Daologic on September 22, 2014 at 5:58am — No Comments

Forex forecast 22.09-26.09.2014

EUR continues free fall and indicators on H4, Daily and Weekly are extremely bearish. Seems that still noone is going to take profit from Short, and this tells me that more slide is to come. Today mr.Draghi will speak, but tomorrow will be the PMI data release and if it is weak again EUR will possibly drop below 1.2805 support. On Wednesday we shall have the Germany's IFO which is expected to be worse than previous too. On Thursday the most important news will be the US jobless claims report…

Continue

Added by Vladimir Mihaylov on September 22, 2014 at 4:30am — 2 Comments

FOREX forecast 16-19.09.2014

EUR is in a consolidation mode again before the next slide down. Possible support that will stop the downside is 1.2600 and the final one is around 1.2300 but i doubt we shall reach there soon. There was a large amount of unexpected bad EUR news and it seems the things over the Atlantic are getting a lot better. It is expected the FED to make another stimulus cut from 25 bln to 15 bln. This will push the EUR even lower till the end of this week. Today is expected the Gernamy's ZEW to be a…

Continue

Added by Vladimir Mihaylov on September 16, 2014 at 5:30am — 3 Comments

FOREX forecast 09.09.2014

EUR continues the free fall and nothing seems to stop it. Target is set to 1.2805 and even below to 1.2765. Correction higher is needed, but still noone takes any profit, this means they expect more drop.Correction will start once we have over 60 pips upside H4 candle. Indicators on all time frames except M5 and M15 are extremely bearish. Maybe today we shall see some profit taking.

GOLD again is hit by the strong dollar and reached the support area 1254. If we don't see any EUR…

Continue

Added by Vladimir Mihaylov on September 9, 2014 at 6:28am — No Comments

FOREX forecast 01.09.2014

Deeper and deeper EUR goes with another gap lower opening week. Finally the big players sold the EUR they have since close to 1.4000 levels. Where EUR is going to stop - it is not clear yet, but somewhere around 1.3066 we have a support area. We are currently some 200 pips below the weekly Senkou Span B price of the positive Ichimoku,however we have broken it lower too early and we have to make some significant correction higher before this break to be confirmed. The dollar is extremely…

Continue

Added by Vladimir Mihaylov on September 1, 2014 at 5:06am — 3 Comments

TD:CFTC Commitments of Traders Report - Week Ending Tuesday, August 26th

"CFTC data for currency futures through the week ending August 26th showed that investors and speculative accounts continue to bet big on an…

Continue

Added by Daologic on September 1, 2014 at 4:42am — No Comments

FOREX forecast 25.08.2014

EUR dropped to 1.3185 this morning and opened the week with a huge downside gap. Today the pair may consolidate around 1.3200, and tomorrow to start a recovery. This week is the end of the month trade, so i expect some profit taking from Short after Wednesday. Weekly, Daily and H4 indicators are bearish but are already turning flat to bullish, so i think we are going to have a recovery soon, although opening with such a gap lower is not a good sign.

GOLD was not able to close the week…

Continue

Added by Vladimir Mihaylov on August 25, 2014 at 5:39am — No Comments

FOREX forecast 21.08.2014

EUR has lost almost 200 pips since Monday and the pair despreately needs a correction but still there are no any signs of a possible correction. EUR is in a free fall state, after bad data from the EU and Germany, and better news from the US. Dollar is stronger than ever but i wonder if this is a temporary strength or the start of continuous EUR weakness. The pair needs a correction at least to 1.3330-50, and maybe more next week. But first we need to deal with the 1.3290-1.3310 resistance…

Continue

Added by Vladimir Mihaylov on August 21, 2014 at 4:58am — 1 Comment

Members

© 2014   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video