All Blog Posts Tagged 'USD' (1,021)

FOREX forecast 25.05.2015-29.05.2015

EUR has closed last week at 1.1000 level, currently it trades a little below it but we have a good support at 1.0960-80 area where is the Daily Senkou Span B price of the negative cloud. This serves as a strong support line. I do not expect this to be broken easily because this week's economic data not seem much dollar positive. Today is a non-working day in Germany, UK and USA, and some other countries and the markets will remain closed, so i expect low volatility and tiny range moves for…

Continue

Added by Vladimir Mihaylov on May 25, 2015 at 5:00am — No Comments

FOREX forecast 18.05.2015-22.05.2015

EUR has broken above the 1.1250 reversal point last week after weak US retail sales data on Wednesday and closed the week above 1.1400 as Michigan's consumer confidence index was a lot worse than expected. This gave some fresh air to amlost all dollar pairs. Today markets start the week calm with no gaps and sharp moves through Asian session. EUR's bullish continues with next Daily target at 1.1600. However i expect some range trade today in small range around 1.1400 because the market will…

Continue

Added by Vladimir Mihaylov on May 18, 2015 at 4:54am — No Comments

FOREX forecast 11.05.2015-15.05.2015

EUR has made an attempt to break above 1.1370 resistance last week but it was not successful so the price is currently back to support area 1.1140-1.1150. Some 100 pips below is the Daily Sekou Span B price which now serves as another support. If we break below 1.1000 this week the next support will be 1.0860. To the upside we have to deal with 1.1360-70 resistance first. As long as we are closing the day above 1.1150 bullish outlook won't be changed. Currently on H4 things some kind bearish…

Continue

Added by Vladimir Mihaylov on May 11, 2015 at 5:33am — No Comments

FOREX forecast 04.05.2015-08.05.2015

EUR has broken the negative daily cloud as expected however staying far from the negative cloud will be hard, and staying above it will be even harder. We have been below this cloud for almost 10 months. Weekly, H4 and H1 indicators are mixed to bullish, only Daily ones show possible downside move ahead. The pair is now supported by 1.1130 and the resistances are 1.1240 and 1.1290, finally 1.1400. If the current support is broken, the pair will look for support in the area 1.0950-1.1000. It…

Continue

Added by Vladimir Mihaylov on May 4, 2015 at 5:34am — No Comments

FOREX forecast 27.04.2015-01.05.2015

EUR continues consolidation below 1.1000, but Daily indicators are turning to bullish, H4 ones are bullish also, and we have a huge potential of making a sharp move higher which may reach 1.1240 and 1.1530 so be very careful when leaving opened positions through the weekend, huge gaps are possible. Correction is needed and this can happen by the end of this month or beginning of May. First signal will be breaking of 1.0930, and this will be confirmed if we have a break of 1.1000. We have…

Continue

Added by Vladimir Mihaylov on April 27, 2015 at 5:17am — 1 Comment

EURUSD - Waiting to Fade the Rally?

My COT Index is oversold and is above it's 13wk SMA and rising.

Added by Futuristic on April 26, 2015 at 10:43pm — No Comments

GBP vs USD Ichimoku Analysis

DAILY CHART

H4 CHART

Looking at the Cable on the H4 time frame we see price trending to the…

Continue

Added by ChaosTrader63 on April 26, 2015 at 8:05am — No Comments

FOREX forecast 20.04.2015-24.04.2015

EUR continues to be under downside pressure because of the financial problems with Greece and speculations that it mey leave the Eurozone next month. Of course such a move will throw financial markets in panic and the pair will drop below 1.000. This will make the dollar very expensive and the price will have a negative impact of the US export too. Above 1.0750 some limited upside is possible to 1.0900 for example where we shall meet the Senkou Span A price level of the Daily cloud. For now…

Continue

Added by Vladimir Mihaylov on April 20, 2015 at 4:40am — 1 Comment

FOREX forecast 13.04.2015-17.04.2015

EUR dropped again below the main support 1.0800 and reversed the bullish recovery to bearish continuation. Currently indicators on all time frames are bearish and i expect the downside to continue soon. Breaking below 1.0550 will signal that the pair starts a fresh move to the downside with target 1.0460 and then 1.0420. We have now a strong resistance area at 1.0790-1.0800. Only a Daily close above will reverse the bearish outlook. As long as we are below 1.0650 you may open SHORT…

Continue

Added by Vladimir Mihaylov on April 13, 2015 at 5:23am — No Comments

FOREX forecast 06.04.2015-10.04.2015

EUR has recovered a bit and reached 1.1030 again, but it seems we have not enough power to break this higher. Currently the price is locked within the range 1.1030-1.0850. This week we haven't so important economic events and data releases. The most important thing will the the FOMC minutes and it is expected the dollar to loose some price, but it won't be much. EUR will try to take advantage and to preak above 1.1030. This week's upside target will be 1.1310 and 1.1030 will remain the…

Continue

Added by Vladimir Mihaylov on April 6, 2015 at 5:46am — No Comments

FOREX forecast 30.03.2015

EUR climbed up last week and even reached 1.1000 but quickly dropped back. The pair is now supported on Daily at 1.0790, however Daily and H4 indicators point to the downside and it seems for now the pair does not have anough power to break the 1.1000 resistance. So all eyes are now at the support area 1.0810-1.0790, breaking of this will test 1.0660 and 1.0520. Today we shall have the Germany's CPI and some not so important data from the USA. If the economic data from Germany is positive…

Continue

Added by Vladimir Mihaylov on March 30, 2015 at 5:09am — No Comments

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

Members

© 2015   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video