GBPUSD – Up
USDCHF – Down…Continue
GBPUSD – Down
EURUSD – Down…Continue
Added by Hendro Wafiq on December 17, 2014 at 5:01am — No Comments
GBPUSD – Down
USDCHF – Up…Continue
Added by Hendro Wafiq on December 9, 2014 at 4:39am — No Comments
Added by Hendro Wafiq on December 5, 2014 at 2:54am — No Comments
GBPUSD - Up
EURUSD - Up…Continue
Added by Hendro Wafiq on December 3, 2014 at 2:06am — No Comments
Outlook in GBPUSD has turned neutral with risk to the downside , resistance comes at the 1.5763 levels, a failure to hold above the 1.5763 levels on a daily closing basis could mean a return to the 1.5720/1.5589 levels where a cut will call for a fall towards the 1.5500 levels , further losses will aim the 1.5370/1.5230 levels .
On the upside , resistance comes at the 1.5763 levels , break of the 1.5763 levels on a daily closing basis , will put the pair in recovery mode , but…Continue
Added by Haitham653 on December 2, 2014 at 9:33am — No Comments
GBP has recovered against the USD but not for long. We still see only three wave rally from the low as shown on the updated count. As such, bearish waves should not be ignored yet, especially as wave C seems like completed rally around 1.5825. Further weakness is expected, but would love to see a break beneath the channel line to confirm new impulsive weakness in progress.
GBPUSD 4h Elliott Wave Analysis…Continue
Added by Gregor Horvat on November 28, 2014 at 8:50am — No Comments
Outlook in GBPUSD has turned neutral at the moment , the pair remains in recovery mode as long as support 1.5720 holds on a daily closing basis , next resistance comes at the 1.5775/1.5823 levels , a halt is likely , but a breach will extend recovery towards main resistance at the 1.5945 levels before the next fall, however ; a clear break above the 1.5945 levels will turn outlook bullish towards the 1.6085/1.6183 levels.
On the downside , support comes at the 1.5720 levels , losing…Continue
Added by Haitham653 on November 27, 2014 at 8:00am — No Comments
Demand for sterling continued the rise from this month’s low yesterday. In fact, the upside accelerated – producing the most bullish performance of the month. These gains also took CABLE back above the 13 day moving average for the first time in November. Latter, and overnight, trading has seen consolidation but sentiment remains positive with potential to 1.5849 or even 1.5872.…Continue
Added by Alan Collins on November 27, 2014 at 6:59am — No Comments
Outlook in GBPUSD has turned neutral with risk to the downside , resistance comes at the 1.5720 levels, a failure to hold above the 1.5720 levels on a daily closing basis could mean a return to the 1.5630/1.5589 levels where a cut will call for a fall towards the 1.5500 levels , further losses will aim the 1.5370/1.5230 levels .
On the upside , resistance comes at the 1.5720 levels , break of the 1.5720 levels on a daily closing basis , will put the pair in recovery mode , but…Continue
Added by Haitham653 on November 25, 2014 at 9:54am — No Comments
Added by Tony - FXS Admin on November 19, 2014 at 11:37pm — No Comments
Building permits are also one of the key indicators for assessing the economic health of a country, as its a first step towards the start of Construction activity in US. The indicator measure the number of permits issued during the month in order to give an idea about the number of construction activities that would arise in the upcoming period. The figure for this index is always given in an annualized figure. The previous month result was 1.02M in comparison to the forecast of 1.04M, (For…Continue
Added by Rocky Master on November 19, 2014 at 12:26pm — No Comments
There was limited movement in GBPUSD yesterday - producing an 'Inside' day that reflects a degree of investor indecision. But for a 2nd day in a row, the upside was rejected and this, coupled with a declining Keltner channel and 13 day moving average keeps immediate sentiment negative with potential through 1.5599 to 1.5573.…Continue
Added by Alan Collins on November 19, 2014 at 6:59am — No Comments
The GBPUSD continued its bearish momentum yesterday , printed resistance at the 1.2941 levels (as suggested before).This development leaves the pair targeting the 1.5666 levels , a halt is likely , but a cut would open 1.5520 next , further downside will aim the 1.5370 levels.
On the upside , resistance comes at the 1.5835 levels ahead of the…Continue
Added by Haitham653 on November 13, 2014 at 12:00pm — No Comments
The market attempted to extend Friday’s profit taking yesterday. However, this demand was limited – failing, and reversing, above a Marabuzo line created by Thursday’s net decline. Resulting losses were minor but it is the upside rejection, coupled with a declining Keltner channel, that is likely to influence today’s sentiment with potential to 1.5791 and towards 1.5757.…Continue
Added by Alan Collins on November 11, 2014 at 7:02am — No Comments
Initial powerful selling yesterday took GBPUSD to the most negative levels traded for 12 months. But that downside was almost equally aggressively reversed to leave prices only marginally lower from open to close. Overall in fact, there has been only minor movement over the last 5 days. Although this means that sentiment is not strong, yesterday's bounce sets the tone for intraday signals with a move above the key 13 day moving average increasing positive momentum. Our targets are 1.6024 and…Continue
Added by Alan Collins on November 6, 2014 at 7:03am — No Comments
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) statement is the primary tool the panel uses to communicate with investors about monetary policy, It contains the outcome of the vote on interest rates, discusses the economic outlook and offers clues on the nearest future.
The FOMC announcement will be today at 18:00 GMT . They are expected to leave policy rates unchanged-with fed funds at range of zero to 0.25 percent, there was some talk about a minority expand…Continue
Added by Haitham653 on October 29, 2014 at 7:38am — No Comments
The GBPUSD continued its bearish momentum last week , bottomed at the 1.5951 levels and topped at the 1.6286 levels . outlook in GBPUSD remains on the downside as long as resistance 1.6237 holds on a weekly closing basis , next support comes at the 1.5902 levels . At this point I’d expect strong support from the 1.5902 levels , however ; a clear break below the 1.5902 levels will pave the way towards the 1.5656 levels , before the next rise …
Added by Haitham653 on October 6, 2014 at 9:00am — No Comments
September 22nd 2014. They say that trading Forex is risky and of course it is. However the implication is often that trading equities is not risky. For those people I have one word this morning, Tesco! TSCO and all equities gap at least five times a week and while forex can gap too, it’s not anywhere as much as that. End of…Continue
Added by Gary on September 22, 2014 at 8:30am — No Comments
Outlook in GBPUSD has turned neutral with risk to the downside , resistance comes at the 1.6524 levels , a failure to hold above the 1.6524 levels on a weekly closing basis could mean a return to the 1.6051 levels , a cut will resume the whole fall towards the 1.5853 levels , a halt is likely , but losing the 1.5853 levels will continue losses towards the 1.5500 levels.
On the upside , resistance comes at the 1.6259 levels ahead of the 1.6524 levels (main) , sustained trading…Continue
Added by Haitham653 on September 22, 2014 at 8:23am — No Comments