Forex Analysis
Alexandros Yfantis
2013-11-12 09:36:55 UTC+00 11 months, 2 weeks, 4 days, 23 hours, 8 min. ago
The Dollar index remains supported by bullish trend and the prices are expected to continue higher to new higher highs.
Alexandros Yfantis
2013-11-12 09:33:52 UTC+00 11 months, 2 weeks, 4 days, 23 hours, 11 min. ago
Gold remains in downtrend, near support levels.
Azeez Mustapha
2013-11-12 08:58:03 UTC+00 11 months, 2 weeks, 4 days, 23 hours, 47 min. ago
In a strong bullish bias, the USDJPY pair has moved upwards by over 70 pips this week. The price is currently trading above the demand level of 99.50 (which was an intermediate target for Monday), going towards the supply level of 100.00.
Nicola Delic
2013-11-12 08:53:26 UTC+00 11 months, 2 weeks, 4 days, 23 hours, 51 min. ago
Last week the USDCAD pair has been trading upwards, impulsive wave (.i) (coloured blue) of the impulsive wave .iii (coloured black) has been developing.
Nicola Delic
2013-11-12 08:52:02 UTC+00 11 months, 2 weeks, 4 days, 23 hours, 53 min. ago
For the past few weeks the AUDUSD pair has been trading downwards, we are looking at the move from 0.9754 as Zig-Zag correction inside the b wave (coloured red).
Sebastian Seliga
2013-11-12 08:50:21 UTC+00 11 months, 2 weeks, 4 days, 23 hours, 54 min. ago
the Triple ZigZag correction might be done here on 50% Fibo of a larger swing and 88.6% Fibo of a lower swing.
Sebastian Seliga
2013-11-12 08:50:09 UTC+00 11 months, 2 weeks, 4 days, 23 hours, 55 min. ago
The corrective cycle starts to turn itself into more complex one and so far it looks like a possible triangle formation here.
Arief Makmur
2013-11-12 08:43:31 UTC+00 11 months, 2 weeks, 5 days, 1 min. ago
Today data on German Final CPI m/m will be released; and there will be no news for the US market.
Arief Makmur
2013-11-12 08:40:15 UTC+00 11 months, 2 weeks, 5 days, 5 min. ago
Today data on Tertiary Industry Activity m/m, 30-y Bond Auction, Consumer Confidence, Prelim Machine Tool Orders y/y, etc. will be released in Japan.
Torben Melsted
2013-11-12 08:36:34 UTC+00 11 months, 2 weeks, 5 days, 8 min. ago
The break above 1.6294 has changed the short-term count, but not the longer-term outlook for a continuation lower. That said, the break above 1.6294 has opened more possible counts too.
Torben Melsted
2013-11-12 08:34:22 UTC+00 11 months, 2 weeks, 5 days, 10 min. ago
Red wave ii has become larger than expected, but then second waves are allowed to correct the entire first wave, but can never break beyond the starting point of the first wave.
Felipe Erazo
2013-11-12 08:31:04 UTC+00 11 months, 2 weeks, 5 days, 14 min. ago
The USDX is forming a lower high pattern below the SMA 200 and the resistance at the level of 81.50
Felipe Erazo
2013-11-12 08:29:28 UTC+00 11 months, 2 weeks, 5 days, 15 min. ago
The GBPUSD pair continues falling below the resistance level at 1.6046 and the next target in the current bearish trend is the support at the level of 1.5883.
Mohamed Samy
2013-11-11 16:56:24 UTC+00 11 months, 2 weeks, 5 days, 15 hours, 48 min. ago
Strong bullish sentiment was found at the support zone around 1.4830, which pushed the pair to the upside reaching 1.5400, then 1.5700, where two prominent tops were established.
Mohamed Samy
2013-11-11 16:53:08 UTC+00 11 months, 2 weeks, 5 days, 15 hours, 52 min. ago
Four months ago, a prominent bottom was established around 1.0260.
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