All Blog Posts Tagged 'USD' (1,010)

EURUSD - Key average platforms gains

Yesterday saw the market use the13 day average as a platform for further gains. This resulted in a 2nd up day in a row and the most positive close for 12 days. Intraday signals are at overbought extremes but although that does add a note of caution profit taking setbacks are currently temporary and limited with scope to 1.0975 and 1.0992.

Only below 1.0868 negates this scenario.…

Continue

Added by Alan Collins on March 24, 2015 at 6:56am — 1 Comment

FOREX forecast 23.03.2015-27.03.2015

Dollar has made some pullback after last week's mrs.Yellen's speech and gave other currencies some fresh air. However the recovery is just too small to change the bearish outlook across the markets. Most of the pairs are currently stuck at the resistance levels and need some fundamental data to break them or bounce back to the downside. Later today mr.Draghi speaks, and EU's economic sentiment index will be released may be these two will push the EUR to the downside again, but not so strong.…

Continue

Added by Vladimir Mihaylov on March 23, 2015 at 6:06am — No Comments

Usd/Cad Crab pattern complete 20-03-2015

This pattern is complete

First, wait for the point D

I not use targets for close my position, just for calculation purposes, and this one is the point B from the structure. The second trade at 78.6%.…

Continue

Added by Octavio Dolores on March 20, 2015 at 4:28pm — No Comments

EURUSD - This week to continue Sell Rally scenario. 1.0410 targeted

Confirming the weakness of the rally from January’s low point, selling pressure deepened last week. A 3rd down week in a row took EURUSD to the lowest levels traded since 2003. Oversold extremes remain a concern but last week's price action saw profit taking remain temporary and limited. In addition the market continues to track the lower end of falling daily & weekly Keltner channels and so, allowing for a reaction to oversold extremes, we look for the downside to continue to develop …

Continue

Added by Alan Collins on March 16, 2015 at 8:00am — No Comments

FOREX forecast 16.03.2015

EUR has lost 1.1000 support last week and then dropped for another 500 pips. So we are now another step closer to parity. The pair is bearish on all time frames except H1, where it is trying to consolidate and to build support around 1.0500. It will be difficult today, but tomorrow we have the ZEW data from Germany and if it is better as expected this may help the EUR to clumb up to 1.0650 and 1.0690. but for now we remain bearish with support 1.0460. However the recovery can be quite short…

Continue

Added by Vladimir Mihaylov on March 16, 2015 at 5:45am — No Comments

EURUSD - Hugging Negative channel targets 1.0735

A sequence of 3 down days ended yesterday despite a marginally new 12 year low. There was little net movement for EURUSD as prices consolidated rather than continue selling pressure or attract significant profit taking. However, Asian price action has seen a renewal of the downside – a move that keeps prices hugging the lower end of a declining Keltner channel with scope for further downside to 1.0767 and 1.0735.The risk is…

Continue

Added by Alan Collins on March 10, 2015 at 6:55am — No Comments

FOREX forecast 09.03.2015-13.03.2015

EUR dropped heavily last week and is now trading far below 1.1000. Current conditions show the pair is extremely bearish with no signs of correction higher. Indicators on all time frames are bearish and the pair is going to drop further. It has reached some support area between 1.0800 and 1.0830 which probably will stop further downside for now and the pair may also recover a bit to 1.0900 till Thursday, when i expect another downside and breaking the 1.0830 support. Bad times for the EUR…

Continue

Added by Vladimir Mihaylov on March 9, 2015 at 7:06am — No Comments

GBP vs USD Ichimoku Outlook 3-6-15

Added by ChaosTrader63 on March 6, 2015 at 5:56pm — No Comments

EURUSD - Positive Divergnce gives upside scope

Wednesday’s decline extended yesterday. This move took EURUSD to new 12 year lows and maintained a hugging of the lower end of a falling Keltner channel.  However with intraday sentiment oversold, the lows were not held and, coupled with positive divergence in Momentum indicators, the immediate outlook is counter trend bullish with potential to 1.1051 and 1.1085.…

Continue

Added by Alan Collins on March 6, 2015 at 6:58am — 1 Comment

USDCAD - Break of key average points lower.

Volatile trading in the European afternoon yesterday. An initial gradual improvement, building upon Tuesday’s downside rejection reversed. The subsequent decline of more than 1 big figure was aggressive and resulted in a 2nd down day in a row and a close below the 13 day average. Despite an Asian bounce, this leaves intraday signals for sentiment negative with scope to 1.2414 and 1.2385.…

Continue

Added by Alan Collins on March 5, 2015 at 7:07am — No Comments

FOREX forecast 02.03.2015-06.03.2015

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

USDCAD - Inverted Hammer targets 1.2361

Yesterday saw the negative sentiment highlighted by Tuesday’s Inverted Hammer extend. A 2nd down day in a row cemented prices beneath that 13 day moving average. The scope of the turn in USDCAD means sentiment is oversold but currently there is no sign of anything other than temporary intraday rallies with potential through 1.2402 to 1.2361 and 1.2328.…

Continue

Added by Alan Collins on February 26, 2015 at 6:56am — No Comments

GBPUSD - Setbacks bought. Sentiment positive. Targets 1.5481/5519

Initial price action Monday continued the setback from last week's top. But this downside was, expectedly, temporary and found fresh demand near the key 13 day moving average. This resulted in strong buying that produced the highest closing level of the month. Asian trading has seen a modest reactive move but sentiment is positive with potential to 1.5481 and 1.5519.

The risk level is below 1.5398.…

Continue

Added by Alan Collins on February 24, 2015 at 7:00am — No Comments

FOREX forecast 23.02.2015-27.02.2015

EUR remains in consolidation despite the sudden Friday volatility on Greek financial conditions agreement. H4 and Daily indicators are flat and give no information for the future, while Weekly ones seem to point to the upside. Today Germany's IFO data will be released and it is expected to be better than previous so this will be in favor of the upside movement. It is good to know that at 1.1660 we have a quite strong resistance and breaking above will be very hard. So for now i think that…

Continue

Added by Vladimir Mihaylov on February 23, 2015 at 7:30am — No Comments

EURUSD - Back above key average - Further Upside Targeted

EURUSD continues to fluctuate around the 13 day average. Initial trading yesterday reversed Tuesday’s gains but in late price action the bulk of this downside was regained. Limited net movement means signals for sentiment cannot be strong but the downside rejection coupled with demand in Asia above the average means studies are positive with potential through 1.1449 to 1.1487.…

Continue

Added by Alan Collins on February 19, 2015 at 6:58am — 1 Comment

GBPUSD - Buy Dip scenario still rules. 1.5560 targeted this week.

A trend of higher weekly CABLE lows which have been posted since January’s 18 month base at 1.4951 and a weekly close above the 13 day average rate kept last week’s signals pointing higher. These were confirmed as the sequence of higher weekly lows has been extended to 3 and with gains of almost 2 Big Figs. There is no sign that the demand to buy dips is ending so we continue to look to the topside with potential to 1.5560 or even 1.5621.…

Continue

Added by Alan Collins on February 16, 2015 at 9:30am — No Comments

FOREX forecast - 16.02.2015-20.02.2015

EUR has stabilized the price above 1.1300 and seems ready to start recovery to the upside this week. Economic data that is going to be released is expected to support the upside movements too. First support comes at 1.1405 above this one we are bullish and the target is 1.1450-1.1475-1.1495-1.1530. Above the last comes the first significant resistance area between 1.1545 and 1.1575. As you can see it is pretty wide and it is even stronger with the help ot the H4 SMA200 which passes through…

Continue

Added by Vladimir Mihaylov on February 16, 2015 at 6:17am — No Comments

EURUSD - Buyers return - upside to extend

After 3 days of consolidation/limited net movement buying interest was attracted to EURUSD yesterday. This took prices to test the key 13 day moving average and although that point was not clearly breached, the underlying positive tone has been reinforced by Asian demand this morning with potential to retest this month's highs in the coming days.

Intraday targets are 1.1458 and 1.1487 with a risk of 1.1371.…

Continue

Added by Alan Collins on February 13, 2015 at 7:02am — No Comments

GBPUSD - Tentatively Bullish targeting 1.5297

Against a background of positive signals for sentiment for this week, yesterday saw a return of buying interest. After 2 days of decline the trend defining 13 day moving average was untested and buyers emerged around the 1.5200 level. Monday’s net fall was regained but the highs were not maintained and Asia has attracted some further downside. Nonetheless, temporarily and cautiously, sentiment is assessed as positive and so our call is Cautiously Bullish while above 1.5197, yesterday's low.…

Continue

Added by Alan Collins on February 11, 2015 at 6:30am — 1 Comment

USDCAD is checking out the Eve’s round bottom

USDCAD underwent a multi-year decline from the early 2002 till late 2007 before bottoming out at .9061. Recovery from there reached 1.3063 in March 2009 before submitting into a further weakness.

The following decline appeared on a much slower pace reaching its lowest point at .9408 in July 2011. Both of the dips together, the V-shaped one and the more round…

Continue

Added by Miroslava Micunkova on February 9, 2015 at 10:30am — No Comments

Members

© 2015   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video