posted by
topequitynews
22 hours ago
in Technical, Daily
GBPUSD – GBP is now on the offensive having seen a follow through higher on its Thursday strength after its declines halted at the 1.4871 level. With that said, our focus has now shifted to its Mar 08’10 high at 1.5195 where a decisive break wil
posted by
topequitynews
23 hours ago
in Technical, Daily
Yesterday’s trading saw some range trading across all the majors with no major event risk able to push the pairs out of their recent ranges. Markets tend to consolidate in tight ranges as the participants take some time out reassessing market fun
posted by
DailyFX
23 hours ago
in USD, Technical, Daily
The markets have picked up in European trade, with currencies broadly bid against the buck. However, it is the major currencies that have jumped in front, with the normally better bid commodity bloc lagging behind.
posted by
commodityblog
1 day 19 hours ago
in Fundamental, Daily, Agriculture
Wheat prices slipped after report that U.S. stockpiles will touch the record level in 22 years. Coffee futures gained in New York after stockpiles dwindled to lowest level in seven years.
posted by
grimadventures
1 day 19 hours ago
in Sentiment, Daily, Special
In the daily market review with TheLFB trade team, Dan Cook, Snr Market Analyst at IG Markets, looks at the impact of a slow fundamental week. Catch Dan, and TheLFB trade team on ForexTV Live.
posted by
everafter
1 day 20 hours ago
in USD, Technical, Daily
There was a moving average crossover for a short trade. RSI was less than 50, stochastics were trending down and MACD went from positive to negative. This was a valid entry.
posted by
yosoybeloved
1 day 20 hours ago
in USD, AUD, Daily
AUD/USD lose some upside moment with 4 hours MACD crossed below signal line again but after all, further rally is in favor as long as 0.9053 minor support holds. Rise from 0.8577 is still expected to continue towards 100% projection of 0.8577 to
posted by
delioncourt
1 day 20 hours ago
in USD, CAD, Daily
Downside momentum is clearly diminishing in USD/CAD with 4 hours MACD staying above signal line. But still, another fall is in favor as long as 1.3066 resistance holds. However, as we're treating price actions from 1.0851 as sideway consolidation
posted by
mintyheart
1 day 21 hours ago
in EUR, GBP, Daily
As noted before, EUR/GBP's retreat should have completed at 0.8980 already. Intraday bias remains on the upside for 0.9137 resistance and break there will confirm that whole rally from 0.8601 has resumed and should target trend line resistance at
posted by
jameschen
1 day 22 hours ago
in Technical, Daily, Gold
Recent bearish price action on spot gold, a daily chart of which is shown, has prompted a correction back down to the long-term uptrend support line. This bearish correction occurs right after price reached a high of around 1145 just last week. A
posted by
DannyBly
1 day 23 hours ago
in EUR, Technical, Daily
The MKT has a slight negative bias in a difficult "choppy" trade. On the SELL side DP BREAKOUT strategies are valid but should expect a laborious trade. UP and UT1 FADE and REVERSAL strategies are recommended but profit should be taken at initial