Daily Forex News
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Re: Daily Forex News
Technical Analysis of EUR/ GBP USD
EUR/USD Defend For the Bulls to Defend at the level 1.18
The EUR/USD pair will be traded in a sidelined to the near at the level 1.1837 during this Monday Morning according to the Asian Hours.
The pair will be created the long-tailed candle for the second straight day on this Friday marking to the bear failure below the support level 1.18 and shows the signaling for the reversal higher.
Nonetheless, a move over Friday's high of 1.1865 is expected to confirm a finish of a pullback from the ongoing high of the level 1.2011 and set the bulls back into the driver's seat. On the other hand, a break under trendline ascending from May 14 and July 1 highs would suggest a bullish-to-bearish pattern change. At press time, the trendline uphold is situated at the level at 1.1765.
GBP/USD Old Line Goes Around 1.3250 Seller attack at Seven-Week Support Line
The GBP/USD pair remains on the back foot to the declining level to the 1.3248 goes down 0.23% on the day during the early Monday Trading.
In doing as such, the Cable affronts Friday's Doji light, suggesting an inversion of the past bearish move, in the midst of increasing chances of a no-deal Brexit.
The statement as of now trades almost a momentary helpline, at 1.3245 presently, sponsored by the bearish MACD signals.
In any case, 21-day SMA and a two-month-old rising pattern line, separately around 1.3185 and 1.3140 can scrutinize the traders after.
Then again, a day by day shutting past the 10-day SMA level of 1.3282 will stand up to a momentary flat opposition around the level 1.3360.
For a situation where the bulls figure out how to cross 1.3360, 1.3400 round-figures, and the as of late reflected multi-week high around 1.3480/85 will be at the center of the spotlight.
EUR/USD Defend For the Bulls to Defend at the level 1.18
The EUR/USD pair will be traded in a sidelined to the near at the level 1.1837 during this Monday Morning according to the Asian Hours.
The pair will be created the long-tailed candle for the second straight day on this Friday marking to the bear failure below the support level 1.18 and shows the signaling for the reversal higher.
Nonetheless, a move over Friday's high of 1.1865 is expected to confirm a finish of a pullback from the ongoing high of the level 1.2011 and set the bulls back into the driver's seat. On the other hand, a break under trendline ascending from May 14 and July 1 highs would suggest a bullish-to-bearish pattern change. At press time, the trendline uphold is situated at the level at 1.1765.
GBP/USD Old Line Goes Around 1.3250 Seller attack at Seven-Week Support Line
The GBP/USD pair remains on the back foot to the declining level to the 1.3248 goes down 0.23% on the day during the early Monday Trading.
In doing as such, the Cable affronts Friday's Doji light, suggesting an inversion of the past bearish move, in the midst of increasing chances of a no-deal Brexit.
The statement as of now trades almost a momentary helpline, at 1.3245 presently, sponsored by the bearish MACD signals.
In any case, 21-day SMA and a two-month-old rising pattern line, separately around 1.3185 and 1.3140 can scrutinize the traders after.
Then again, a day by day shutting past the 10-day SMA level of 1.3282 will stand up to a momentary flat opposition around the level 1.3360.
For a situation where the bulls figure out how to cross 1.3360, 1.3400 round-figures, and the as of late reflected multi-week high around 1.3480/85 will be at the center of the spotlight.
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Re: Daily Forex News
Technical Analysis of AUD/ GBP USD
AUD/USD Price Seems Multiple Failure Above 10-day SMA
AUD/USD is trading to a great extent unaltered on the day close to 0.7274 at press time, having confronted dismissal over the 10-day straightforward moving normal (SMA) 0.7285 early today.
The Aussie bulls have neglected to keep increases over the 10-day SMA in five out of the last six trading days.
Readers should take note that the 10-day SMA has finished out and is drifting south, demonstrating a bearish arrangement. All things considered, the repeated inability to beat that diving normal could be taken as a notice of a rising pullback.
The immediate help is seen at 0.7192 (Sept. 9 low), which, whenever entered, would build up a bearish lower high, lower low arrangement, and reveal the mysterious degree of 0.70. On the higher side, the Sept. 10 high of 0.7325 is the level to beat for the bulls.
EUR/USD Pair Indecision Suggest Doji Weekly
EUR/USD made a Doji candle a week ago as it turned the two different ways before printing a level close.
The Doji shows uncertainty in the business center. Thusly, the predisposition will stay impartial while the conversion standard is held inside the Doji's high and low at the level of 1.1918 to 1.1753.
A move below 1.1753 would confirm a bearish Doji inversion example and open the entryways for 1.1495 (March 9 high). On the other hand, a break above 1.1918 would flag a resumption of the more extensive upturn and uncover late highs above 1.20.
The pair is trading generally unaltered on the day at the level 1.1838.
AUD/USD Price Seems Multiple Failure Above 10-day SMA
AUD/USD is trading to a great extent unaltered on the day close to 0.7274 at press time, having confronted dismissal over the 10-day straightforward moving normal (SMA) 0.7285 early today.
The Aussie bulls have neglected to keep increases over the 10-day SMA in five out of the last six trading days.
Readers should take note that the 10-day SMA has finished out and is drifting south, demonstrating a bearish arrangement. All things considered, the repeated inability to beat that diving normal could be taken as a notice of a rising pullback.
The immediate help is seen at 0.7192 (Sept. 9 low), which, whenever entered, would build up a bearish lower high, lower low arrangement, and reveal the mysterious degree of 0.70. On the higher side, the Sept. 10 high of 0.7325 is the level to beat for the bulls.
EUR/USD Pair Indecision Suggest Doji Weekly
EUR/USD made a Doji candle a week ago as it turned the two different ways before printing a level close.
The Doji shows uncertainty in the business center. Thusly, the predisposition will stay impartial while the conversion standard is held inside the Doji's high and low at the level of 1.1918 to 1.1753.
A move below 1.1753 would confirm a bearish Doji inversion example and open the entryways for 1.1495 (March 9 high). On the other hand, a break above 1.1918 would flag a resumption of the more extensive upturn and uncover late highs above 1.20.
The pair is trading generally unaltered on the day at the level 1.1838.
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Re: Daily Forex News
Technical Analysis of EUR/AUD USD
EUR/USD Pair Seems on Bearish Reversal With Two Weeks Indecisive Price Action
The EUR/USD pair seemed the two weeks indecisive on action to the short-term bearish reversal.
The pair was formed to the second consecutive Doji candle if we have a look at the weekly chart during Sept 18. The Doji candle represents the indecision in the market price. Moreover, in the case of the back to back Doji, the candle appears to the candle that appears to the following to the notable rally at the level to the 1.08 to 1.2011 that indicates the buyer’s exhaustion.
The lower highs on the week after week graph MACD histogram additionally recommend bull weakness. Thus, a pullback might be found for the time being.
Acknowledgment under a week ago's low of 1.1737 would confirm a bullish-to-bearish pattern change.
On the higher side, a day by day close above at the level 1.20 is expected to re-establish the bullish predisposition.
AUD/USD Price Keeps on Pullbacks to SMA Confluence 10-/21day
The AUD/USD price rises at the level of 0.7310 up to the level of 0.28% during the Monday Trading Session. The Aussie pair seems intraday high at the level 0.7314 while turns to the U-turn to the 10 days and the 21 day SMA confluence.
Considering the pullback from the key SMA joint, AUD/USD costs may attack the falling pattern line from September 01, at 0.7327 now, during the further recuperation.
Nonetheless, the pair's upside past-0.7327 gets suspicious, which if happen requirements to cross a week ago's top close to 0.7350 before co-ordinating the bulls towards the August 31 top near the level 0.7415.
Then, a day by day closing below at the level 0.7285/80 help position will assault half and 61.8% Fibonacci retracements of AUD/USD upside set apart in August, separately around the level 0.7245 and 0.7205.
EUR/USD Pair Seems on Bearish Reversal With Two Weeks Indecisive Price Action
The EUR/USD pair seemed the two weeks indecisive on action to the short-term bearish reversal.
The pair was formed to the second consecutive Doji candle if we have a look at the weekly chart during Sept 18. The Doji candle represents the indecision in the market price. Moreover, in the case of the back to back Doji, the candle appears to the candle that appears to the following to the notable rally at the level to the 1.08 to 1.2011 that indicates the buyer’s exhaustion.
The lower highs on the week after week graph MACD histogram additionally recommend bull weakness. Thus, a pullback might be found for the time being.
Acknowledgment under a week ago's low of 1.1737 would confirm a bullish-to-bearish pattern change.
On the higher side, a day by day close above at the level 1.20 is expected to re-establish the bullish predisposition.
AUD/USD Price Keeps on Pullbacks to SMA Confluence 10-/21day
The AUD/USD price rises at the level of 0.7310 up to the level of 0.28% during the Monday Trading Session. The Aussie pair seems intraday high at the level 0.7314 while turns to the U-turn to the 10 days and the 21 day SMA confluence.
Considering the pullback from the key SMA joint, AUD/USD costs may attack the falling pattern line from September 01, at 0.7327 now, during the further recuperation.
Nonetheless, the pair's upside past-0.7327 gets suspicious, which if happen requirements to cross a week ago's top close to 0.7350 before co-ordinating the bulls towards the August 31 top near the level 0.7415.
Then, a day by day closing below at the level 0.7285/80 help position will assault half and 61.8% Fibonacci retracements of AUD/USD upside set apart in August, separately around the level 0.7245 and 0.7205.
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Re: Daily Forex News
Technical Analysis of Bitcoin & Ethereum
Bitcoin Screams Sell and Ethereum Eyeing on Breakout Cusps
The Cryptocurrency Markets shook this week after releasing the news that surrounding the largest trading derivatives. Bitcoin tumbles to the level at $10,400 that recovering slightly at the level of $10,600. As we know that in the previous day the US President Donald Trump tested Positive from COVID-19 that lose the cryptocurrency dipped at the level to $10,400.
Ethereum investigated levels below $320 twice in September. Different endeavors were made to pull the crypto above $400, however, little advancement was made above the level $390. Additionally, for as far back as about fourteen days, the cost has stayed topped under at the level $360.
Yearn.finance, gotten an enormous beating a week ago, losing over 38% of its worth. Be that as it may, the losses were not novel to the decentralized money (Defi) token since driving advanced resources, for example, Bitcoin and Ethereum jumped to $10,400 and $335, separately.
Bitcoin Screams Sell and Ethereum Eyeing on Breakout Cusps
The Cryptocurrency Markets shook this week after releasing the news that surrounding the largest trading derivatives. Bitcoin tumbles to the level at $10,400 that recovering slightly at the level of $10,600. As we know that in the previous day the US President Donald Trump tested Positive from COVID-19 that lose the cryptocurrency dipped at the level to $10,400.
Ethereum investigated levels below $320 twice in September. Different endeavors were made to pull the crypto above $400, however, little advancement was made above the level $390. Additionally, for as far back as about fourteen days, the cost has stayed topped under at the level $360.
Yearn.finance, gotten an enormous beating a week ago, losing over 38% of its worth. Be that as it may, the losses were not novel to the decentralized money (Defi) token since driving advanced resources, for example, Bitcoin and Ethereum jumped to $10,400 and $335, separately.
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Re: Daily Forex News
Technical Analysis of EUR/USD
EUR/USD Price Puts the Gains at Level 61.8% Fib Again
The EUR/USD pairs seem on bulls that having a tough time that breaching a key Fibonacci to the hurdle for the fourth straight trading day.
The pair is currently trading at the largely unchanged on the day near at the level 1.1850 that have faced the rejection at the level 1.1859. The level will mark the level 61.8% Fibonacci hurdle this Wednesday.
The Fibonacci retracement level marks at the level of 61.8% to sell-off at the level of 1.2011 to 1.1612. If we have a look at the daily chart of the relative strength index the MACD histogram is biased bullish low at the level 1.1612. The Pair was previously closed at level 1.1859.
Support Level: 1.1831, 1.1829, 1.1825
Resistance Level: 1.1838, 1.1841, 1.1844
USD/CAD Price Shows the Better Bid at the Falling Trendline
The Canadian dollar is losing ground close by the losses in oil and pushing USD/CAD higher.
The currency pair is at present trading close to the level 1.3155, which is the opposite of the trendline associating Sept. 30 and Oct.15 highs. Be that as it may, a move over the askew obstruction line may not be sufficient to tempt more grounded chart driven buying. That is on the grounds that few key opposition levels are lined over the trendline obstacle.
For example, the 50-day moving normal (MA) is situated at the level 1.3195, and a lower high is seen at 1.3260 (Oct. 15 high). Every day close over the lower high is expected to confirm a bullish inversion. Then again, the Oct.21 low of 1.3081 is the level to beat for the sellers. The Pair was previously closed at level 1.3121.
Support Level: 1.3149,1.3144, 1.3140
Resistance Level: 1.3158,1.3162, 1.3167
EUR/USD Price Puts the Gains at Level 61.8% Fib Again
The EUR/USD pairs seem on bulls that having a tough time that breaching a key Fibonacci to the hurdle for the fourth straight trading day.
The pair is currently trading at the largely unchanged on the day near at the level 1.1850 that have faced the rejection at the level 1.1859. The level will mark the level 61.8% Fibonacci hurdle this Wednesday.
The Fibonacci retracement level marks at the level of 61.8% to sell-off at the level of 1.2011 to 1.1612. If we have a look at the daily chart of the relative strength index the MACD histogram is biased bullish low at the level 1.1612. The Pair was previously closed at level 1.1859.
Support Level: 1.1831, 1.1829, 1.1825
Resistance Level: 1.1838, 1.1841, 1.1844
USD/CAD Price Shows the Better Bid at the Falling Trendline
The Canadian dollar is losing ground close by the losses in oil and pushing USD/CAD higher.
The currency pair is at present trading close to the level 1.3155, which is the opposite of the trendline associating Sept. 30 and Oct.15 highs. Be that as it may, a move over the askew obstruction line may not be sufficient to tempt more grounded chart driven buying. That is on the grounds that few key opposition levels are lined over the trendline obstacle.
For example, the 50-day moving normal (MA) is situated at the level 1.3195, and a lower high is seen at 1.3260 (Oct. 15 high). Every day close over the lower high is expected to confirm a bullish inversion. Then again, the Oct.21 low of 1.3081 is the level to beat for the sellers. The Pair was previously closed at level 1.3121.
Support Level: 1.3149,1.3144, 1.3140
Resistance Level: 1.3158,1.3162, 1.3167
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Re: Daily Forex News
Impact of US Presidential Election on US Economy or Financial Markets
As we all know that the there are only a few days left for the US Presidential Election and the traders all around the world are not excited to win the race of the incumbent President Donald triumph of the Former Vice President Joe Biden.
Now all the traders now wondering what is the impact the US election might have on the US economy and the financial markets to trade in various Trading Products in the general.
Election Seems More Positive For Equities
If we looking back to the US President that will see the strong hand for the economy that is currently not the case for post-Corona Lockdown.
Look at the S&P 500 that will see on the positive at the higher leverage 9.6% compared to the 4.8% within the new president office. In case if we ignoring the aspect the strong economy is also driving the US equities at a higher level. What is unquestionably intriguing here is that a re-appointment of the US president brought about a positive value execution throughout the following year in over 70% of the cases (5 out of 7). The negative exhibitions under Eisenhower (- 14.3%/1956/1957) and Nixon (- 17.4%/1972/1973) were the main two events that were trailed by two downturns and were presumably foreseen in US values.
Reactions of Markets In US Presidential Election
Stocks
Markets ignore uncertainty, and truly the observation has been that another president may bring arrangements that could be unsafe for stocks. This occurred in 2016 when traders were sure that a Trump administration would start a market breakdown.
However, we are presently observing that equivalent dread drag in as individuals think about a Biden administration and the potential uncertainty it could cause. Biden is transparently more left-inclining, and his arrangements are required to be outfitted towards human needs as opposed to those of speculators and traders.
This supposition isn't helped by recommendations that Biden would invert Trump's tax reductions, and almost certainly, markets will ascend close by the possibly expanded possibility of a Trump triumph as we approach the political race.
USD
The estimation of a currency should mirror the soundness of an economy and its future possibilities. Many are anticipating that Biden should be less centered around the business sectors than his Republican adversary, so the dollar could debilitate in case of a Biden triumph.
Notwithstanding, this impact could be counterbalanced if Biden can improve relations between the US and China following quite a while of market tension. In this situation, it would be the Chinese yuan which may profit the most, with the exchange war having started enormous potential gain for USD/CNH.
Remember that if the more extensive business sectors fall on a Biden triumph including US stocks and files the dollar would probably prepare in the present moment to mirror a danger of the move as traders go to USD.
Gold
The possibility of a more broad financial strategy under Biden, and from an administration which is glad to leave on significant spending programs, could give a lift to valuable metals.
There's advice here as well, on the grounds that in the past valuable metals have additionally followed similar examples as the forex markets during seasons of emergency. Thus, any breakdown in value showcases that may originate from a change at the White House could drag gold lower in the quick time frame.
Furthermore, while Trump has, at last, observed the sort of improvement he would have sought after, a Biden win could bring about a more considerable upgrade bundle if the Democrats increase traction in Congress.
What do the Traders expect to See During the US Election?
All US markets will in general experience expanded unpredictability in the approach to an official political race, including USD forex sets, files, and items. That is on the grounds that numerous investments will try to secure situations before the outcome is reported using surveys to measure public conclusion. The point is to exploit the value moves that happen when the nation's political heading is confirmed.
It's likewise essential to recollect that the Covid pandemic is probably going to make critical unpredictability over the political decision time frame. A spike in cases could see US records and the dollar fall in esteem, as speculators move to cost in a decrease in shopper spending and financial yield. Then again, a decrease in the number of cases could see both files and the dollar ascend in esteem. Whichever way advertises move, you can be prepared to exploit a Best Forex Brokers Trading account.
As we all know that the there are only a few days left for the US Presidential Election and the traders all around the world are not excited to win the race of the incumbent President Donald triumph of the Former Vice President Joe Biden.
Now all the traders now wondering what is the impact the US election might have on the US economy and the financial markets to trade in various Trading Products in the general.
Election Seems More Positive For Equities
If we looking back to the US President that will see the strong hand for the economy that is currently not the case for post-Corona Lockdown.
Look at the S&P 500 that will see on the positive at the higher leverage 9.6% compared to the 4.8% within the new president office. In case if we ignoring the aspect the strong economy is also driving the US equities at a higher level. What is unquestionably intriguing here is that a re-appointment of the US president brought about a positive value execution throughout the following year in over 70% of the cases (5 out of 7). The negative exhibitions under Eisenhower (- 14.3%/1956/1957) and Nixon (- 17.4%/1972/1973) were the main two events that were trailed by two downturns and were presumably foreseen in US values.
Reactions of Markets In US Presidential Election
Stocks
Markets ignore uncertainty, and truly the observation has been that another president may bring arrangements that could be unsafe for stocks. This occurred in 2016 when traders were sure that a Trump administration would start a market breakdown.
However, we are presently observing that equivalent dread drag in as individuals think about a Biden administration and the potential uncertainty it could cause. Biden is transparently more left-inclining, and his arrangements are required to be outfitted towards human needs as opposed to those of speculators and traders.
This supposition isn't helped by recommendations that Biden would invert Trump's tax reductions, and almost certainly, markets will ascend close by the possibly expanded possibility of a Trump triumph as we approach the political race.
USD
The estimation of a currency should mirror the soundness of an economy and its future possibilities. Many are anticipating that Biden should be less centered around the business sectors than his Republican adversary, so the dollar could debilitate in case of a Biden triumph.
Notwithstanding, this impact could be counterbalanced if Biden can improve relations between the US and China following quite a while of market tension. In this situation, it would be the Chinese yuan which may profit the most, with the exchange war having started enormous potential gain for USD/CNH.
Remember that if the more extensive business sectors fall on a Biden triumph including US stocks and files the dollar would probably prepare in the present moment to mirror a danger of the move as traders go to USD.
Gold
The possibility of a more broad financial strategy under Biden, and from an administration which is glad to leave on significant spending programs, could give a lift to valuable metals.
There's advice here as well, on the grounds that in the past valuable metals have additionally followed similar examples as the forex markets during seasons of emergency. Thus, any breakdown in value showcases that may originate from a change at the White House could drag gold lower in the quick time frame.
Furthermore, while Trump has, at last, observed the sort of improvement he would have sought after, a Biden win could bring about a more considerable upgrade bundle if the Democrats increase traction in Congress.
What do the Traders expect to See During the US Election?
All US markets will in general experience expanded unpredictability in the approach to an official political race, including USD forex sets, files, and items. That is on the grounds that numerous investments will try to secure situations before the outcome is reported using surveys to measure public conclusion. The point is to exploit the value moves that happen when the nation's political heading is confirmed.
It's likewise essential to recollect that the Covid pandemic is probably going to make critical unpredictability over the political decision time frame. A spike in cases could see US records and the dollar fall in esteem, as speculators move to cost in a decrease in shopper spending and financial yield. Then again, a decrease in the number of cases could see both files and the dollar ascend in esteem. Whichever way advertises move, you can be prepared to exploit a Best Forex Brokers Trading account.
- xtreamforex
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Re: Daily Forex News
Technical Analysis of AUD USD or GBP USD
AUD/USD Price Falls Back to Level at 0.70 to Biased Bearish
The AUD/USD seems to the sessions low to the early trading session hours that faced the rejection to the level by 0.7025 to the release china Manufacturing PMI.
The AUD/USD pair daily chart indicators suggested the risk to the downside. If you identify the trend changes and trend strength that producing the deeper to bar below the zero lines. Its daily chart shows the lower highs and the lower setup that seems on the daily chart that indicates the bearish control to the deeper support levels 0.6921 and the 0.68 to the 200 day Simple Moving Average. The AUD/USD pair was previously close at the level of 0.726.
Support Level: S1 0.6992 S2 0.6984 S3 0.6972
Resistance Level: R1 0.7013 R2 0.7024 R3 0.7033
GBP/USD Pair Shows on Downside to Risks Skewed
The daily chart of the GBP/USD pair will be crossed below zero and indicating a bullish trend to change. The 5 and the 10-day simple moving average is trending to the bearish setup.
The GBP/USD pair relative strength index seems below the level by 50 to the negative reading.
The GBP/USD risks are falling to the 100-day to the simple moving average that located to the level by 1.2876. According to the press time the pair is trading at the level 1.2930 that representing the gain to the day with the trendline that rising to the lows last week. The pair were previously closed at level 1.2941.
Support Level: S1 1.2894 S2 1.2882 S3 1.2866
Resistance Level: R1 1.2921 R2 1.2938 R3 1.2949
AUD/USD Price Falls Back to Level at 0.70 to Biased Bearish
The AUD/USD seems to the sessions low to the early trading session hours that faced the rejection to the level by 0.7025 to the release china Manufacturing PMI.
The AUD/USD pair daily chart indicators suggested the risk to the downside. If you identify the trend changes and trend strength that producing the deeper to bar below the zero lines. Its daily chart shows the lower highs and the lower setup that seems on the daily chart that indicates the bearish control to the deeper support levels 0.6921 and the 0.68 to the 200 day Simple Moving Average. The AUD/USD pair was previously close at the level of 0.726.
Support Level: S1 0.6992 S2 0.6984 S3 0.6972
Resistance Level: R1 0.7013 R2 0.7024 R3 0.7033
GBP/USD Pair Shows on Downside to Risks Skewed
The daily chart of the GBP/USD pair will be crossed below zero and indicating a bullish trend to change. The 5 and the 10-day simple moving average is trending to the bearish setup.
The GBP/USD pair relative strength index seems below the level by 50 to the negative reading.
The GBP/USD risks are falling to the 100-day to the simple moving average that located to the level by 1.2876. According to the press time the pair is trading at the level 1.2930 that representing the gain to the day with the trendline that rising to the lows last week. The pair were previously closed at level 1.2941.
Support Level: S1 1.2894 S2 1.2882 S3 1.2866
Resistance Level: R1 1.2921 R2 1.2938 R3 1.2949
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Re: Daily Forex News
Technical Analysis on Gold & Silver
Gold Price Seems the Uptrend at Level $19,00 Mixed US Presidential Election Polls
The Gold Prices remain depressed to the early Asian session that rises to the two-week top at the level of $1,900 on Wednesday. On the other hand, you will need the US Dollar weakness that favored the yellow metal to the challenges of the risks on the 2020 Presidential election.
The S&P 500 futures drop to the level by 0.17% to the 1.0% initial gains to the. The SMA 50 day keeps restricting the golds short term upside in which you purchase the sellers that breaks the level $1,894 that comprising the 100-day SMA. The pair is previously closed at level 1,909.19.
Support Level: S1 1895.86 S2 1892.17 S3 1889.46
Resistance Level: R1 1902.26 R2 1904.97 R3 1908.66
Silver Price XAG/USD Rising the Channel US Election Polls To Probe Risks
Silver Bounces back above at the immediate level to the bullish channel that picking up the bids near to the level by $24.17% up to the 0.16% intraday during the early Wednesday.
Technically the 200 HMA and the lower line that stated the channel around at the level by $24.00 will see the previous resistance at the level $23.80 challenges to the silver bears.
Meanwhile, $24.50 can offer immediate resistance to the bullion ahead of probing the channel’s upper line near the level of $24.62.
To know more visit https://www.xtreamforex.com
Gold Price Seems the Uptrend at Level $19,00 Mixed US Presidential Election Polls
The Gold Prices remain depressed to the early Asian session that rises to the two-week top at the level of $1,900 on Wednesday. On the other hand, you will need the US Dollar weakness that favored the yellow metal to the challenges of the risks on the 2020 Presidential election.
The S&P 500 futures drop to the level by 0.17% to the 1.0% initial gains to the. The SMA 50 day keeps restricting the golds short term upside in which you purchase the sellers that breaks the level $1,894 that comprising the 100-day SMA. The pair is previously closed at level 1,909.19.
Support Level: S1 1895.86 S2 1892.17 S3 1889.46
Resistance Level: R1 1902.26 R2 1904.97 R3 1908.66
Silver Price XAG/USD Rising the Channel US Election Polls To Probe Risks
Silver Bounces back above at the immediate level to the bullish channel that picking up the bids near to the level by $24.17% up to the 0.16% intraday during the early Wednesday.
Technically the 200 HMA and the lower line that stated the channel around at the level by $24.00 will see the previous resistance at the level $23.80 challenges to the silver bears.
Meanwhile, $24.50 can offer immediate resistance to the bullion ahead of probing the channel’s upper line near the level of $24.62.
To know more visit https://www.xtreamforex.com
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Re: Daily Forex News
Technical Analysis on GBP/USD and AUD/USD
GBP/USD Pair Seems To the Resistance Below 1.3200 With Two Week Old Flirts
The GBP/USD pair will stay positive at the level by 1.3175 up by 0.15% intraday high during this Monday. The Early Asian session will be extended at the level by 1.3182 with the price-positive RSI Conditions.
During the Quotes, the pair further go up with the past 1.3200 in the high near level high by 1.3050 that restricts the pair with the pullbacks that move before the GBP/USD seller towards the 200-bar SMA Level of 1.2962.
During the statement's further potential gain past-1.3200, the August 19 high close to 1.3270 can offer a middle-end toward the north-run towards September's tower encompassing 1.3485.
AUD/USD Pair Aussie the 7 weeks High
AUD/USD broke higher from an hourly chart setting plan early Monday and timed a high of the level 0.7298 a couple of moments before press time. That level was most recently seen on Sept. 21.
The hourly chart breakout demonstrates a resumption of the convention from the Nov. 2 low of 0.6991 and has made the ways for the Sept. 16 high at the level 0.7345.
The over 50 day by day graph relative quality record and the positive MACD histogram likewise favor proceeded with gains in the Aussie dollar.
Acknowledgment below the hourly chart backing of 0.7239 would prematurely end the prompt bullish viewpoint.
To know more visit https://www.xtreamforex.com
GBP/USD Pair Seems To the Resistance Below 1.3200 With Two Week Old Flirts
The GBP/USD pair will stay positive at the level by 1.3175 up by 0.15% intraday high during this Monday. The Early Asian session will be extended at the level by 1.3182 with the price-positive RSI Conditions.
During the Quotes, the pair further go up with the past 1.3200 in the high near level high by 1.3050 that restricts the pair with the pullbacks that move before the GBP/USD seller towards the 200-bar SMA Level of 1.2962.
During the statement's further potential gain past-1.3200, the August 19 high close to 1.3270 can offer a middle-end toward the north-run towards September's tower encompassing 1.3485.
AUD/USD Pair Aussie the 7 weeks High
AUD/USD broke higher from an hourly chart setting plan early Monday and timed a high of the level 0.7298 a couple of moments before press time. That level was most recently seen on Sept. 21.
The hourly chart breakout demonstrates a resumption of the convention from the Nov. 2 low of 0.6991 and has made the ways for the Sept. 16 high at the level 0.7345.
The over 50 day by day graph relative quality record and the positive MACD histogram likewise favor proceeded with gains in the Aussie dollar.
Acknowledgment below the hourly chart backing of 0.7239 would prematurely end the prompt bullish viewpoint.
To know more visit https://www.xtreamforex.com
- xtreamforex
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- Posty: 159
- Rejestracja: środa 06 lut 2019, 10:11
Re: Daily Forex News
Technical Analysis on EUR USD or GBP USD
EUR/USD Pair Seems Upside Breakout Backs to Head and Shoulder Pattern
The EUR/USD pair seems to the front foot to the near at the level 1.1850 to the starting of the week to extending the third straight on Monday.
The Bullish is a crossover to the 50 hourly moving average that cutting to the level 100HMA that add below to the bullish move.
US-China trade war acceleration through the Trump organization's 'intermediary' period before group Biden takes over in late January may be another headwind. The active President moved to boycott US interest in Chinese military-connected firms. Beijing typically shuddered for all to hear. Another round of blow for blow countermeasures may follow. Taking all things together, this implies that the Greenback may yet recover a sanctuary offers.
In front of the 1.1900 level, the bulls are probably going to confront hardened opposition at 1.1860, November 5 high.
The conjunction of the 200-HMA and example neck area at the level by 1.1800 is the level to beat for the bears.
GBP/USD Scales Drops the Fib Hurdle Level to the 61.8%
GBP/USD is right now trading at the level 1.3217, speaking to a 0.20% increase on the day, having finished a week ago above 1.2174 the 61.8% Fibonacci retracement of the auction from the Aug. 31 high of 1.3483 to Sept. 23 low of 1.2675.
The break over the Fibonacci obstacle is generally viewed as bullish. For this situation, notwithstanding, the most recent week's high of 1.3313 is the level to beat for the bulls. A move above 1.3313 would refute purchaser weariness motioned by the long upper wick appended to the earlier week's light and open the entryways to the level 1.3483.
Then again, a move below the Asian meeting low of level 1.3174 would approve the buyer’s weakness monitored by the week by week light and move risk for a drop to 1.3108 (5-week basic moving averages)
EUR/USD Pair Seems Upside Breakout Backs to Head and Shoulder Pattern
The EUR/USD pair seems to the front foot to the near at the level 1.1850 to the starting of the week to extending the third straight on Monday.
The Bullish is a crossover to the 50 hourly moving average that cutting to the level 100HMA that add below to the bullish move.
US-China trade war acceleration through the Trump organization's 'intermediary' period before group Biden takes over in late January may be another headwind. The active President moved to boycott US interest in Chinese military-connected firms. Beijing typically shuddered for all to hear. Another round of blow for blow countermeasures may follow. Taking all things together, this implies that the Greenback may yet recover a sanctuary offers.
In front of the 1.1900 level, the bulls are probably going to confront hardened opposition at 1.1860, November 5 high.
The conjunction of the 200-HMA and example neck area at the level by 1.1800 is the level to beat for the bears.
GBP/USD Scales Drops the Fib Hurdle Level to the 61.8%
GBP/USD is right now trading at the level 1.3217, speaking to a 0.20% increase on the day, having finished a week ago above 1.2174 the 61.8% Fibonacci retracement of the auction from the Aug. 31 high of 1.3483 to Sept. 23 low of 1.2675.
The break over the Fibonacci obstacle is generally viewed as bullish. For this situation, notwithstanding, the most recent week's high of 1.3313 is the level to beat for the bulls. A move above 1.3313 would refute purchaser weariness motioned by the long upper wick appended to the earlier week's light and open the entryways to the level 1.3483.
Then again, a move below the Asian meeting low of level 1.3174 would approve the buyer’s weakness monitored by the week by week light and move risk for a drop to 1.3108 (5-week basic moving averages)
- xtreamforex
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Re: Daily Forex News
Technical Analysis on XAU/USD or XAG/USD
XAU/USD is Testing the Critical Support at the $1860
The Technical Confluences Indicator shows that the XAU/USD pair is shielding the solid at the level $1877 uphold, which is the assembly of the earlier day low, Fibonacci 23.6% one-week and one-month.
Acknowledgment below the latter is probably going to trigger a sharp drop towards a minor cap adjusted at $1868, the turning point one-day S2.
The following basic help of the earlier month low of the level $1860 will be on the trader’s radars. On the other side, gold is probably going to confront a group of obstruction levels in the event that it recovers some ground towards the applicable potential gain obstacle at $1888, which is the convergence of the SMA50 one-hour and Fibonacci 38.2% one-month.
Further north, the rotate point one-day R1 at the level $1891 will challenge the upward journey.
Nonetheless, $1894 will be a difficult one to figure out for the bulls, as it is the conjunction of the earlier day high, SMA100 four-hour and Fibonacci 38.2% one-week.
XAG/USD Seems Seller Below at the level $24.40
Silver wobbles around to the level of $24.50 in the midst of Wednesday's Asian meeting. In doing such, the white metal keeps the most recent trading range somewhere in the range of $24.45 and $24.52. The bullion prior ricocheted off an intersection of 21-day and 100-day SMA combined with an upward slanting pattern line from October 29.
Thus, intraday buyers may focus on the $25.00 limit in front of testing the expressed opposition line close to $25.65. Likewise prone to challenge the silver bulls is the month to month pinnacle of $26.00.
Unexpectedly, a drawback break of $24.40 can rapidly drag the statement towards November 09 low close of $23.55 prior to coordinating silver traders toward the month to month low around $23.20 and the $23.00 round-figure.
To know more visit https://www.xtreamforex.com
XAU/USD is Testing the Critical Support at the $1860
The Technical Confluences Indicator shows that the XAU/USD pair is shielding the solid at the level $1877 uphold, which is the assembly of the earlier day low, Fibonacci 23.6% one-week and one-month.
Acknowledgment below the latter is probably going to trigger a sharp drop towards a minor cap adjusted at $1868, the turning point one-day S2.
The following basic help of the earlier month low of the level $1860 will be on the trader’s radars. On the other side, gold is probably going to confront a group of obstruction levels in the event that it recovers some ground towards the applicable potential gain obstacle at $1888, which is the convergence of the SMA50 one-hour and Fibonacci 38.2% one-month.
Further north, the rotate point one-day R1 at the level $1891 will challenge the upward journey.
Nonetheless, $1894 will be a difficult one to figure out for the bulls, as it is the conjunction of the earlier day high, SMA100 four-hour and Fibonacci 38.2% one-week.
XAG/USD Seems Seller Below at the level $24.40
Silver wobbles around to the level of $24.50 in the midst of Wednesday's Asian meeting. In doing such, the white metal keeps the most recent trading range somewhere in the range of $24.45 and $24.52. The bullion prior ricocheted off an intersection of 21-day and 100-day SMA combined with an upward slanting pattern line from October 29.
Thus, intraday buyers may focus on the $25.00 limit in front of testing the expressed opposition line close to $25.65. Likewise prone to challenge the silver bulls is the month to month pinnacle of $26.00.
Unexpectedly, a drawback break of $24.40 can rapidly drag the statement towards November 09 low close of $23.55 prior to coordinating silver traders toward the month to month low around $23.20 and the $23.00 round-figure.
To know more visit https://www.xtreamforex.com
- xtreamforex
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- Rejestracja: środa 06 lut 2019, 10:11
Re: Daily Forex News
Technical Analysis on EUR USD or S&P 500
EUR/USD Pair Breaks the Monthly to Direct Risk Bears at Level 1.1800
EUR/USD pair was consolidated near at the day low currently down at the level 0.13% on the day to 1.1840 on this early Thursday. The pair will be traced to the break on the upward to the sloping trend line.
The RSI condition of the pair will be clear the break to the previous support line and the EUR/USD is the eye at the level by 1.1788 during the further declines.
For a situation where the danger off encourages the US dollar to invert the month to month misfortunes, the mid-October low close to 1.1690 and the month to month base encompassing 1.1600 could pick up the market's consideration.
On the other hand, a potential gain break of the help transformed into-opposition, at 1.1883 now, will be examined by the 1.1900 round-figure.
It should likewise be noticed that the even territory around 1.1920-25, involving highs set apart on September 10 thus far in November, turns into a difficult one to figure out for the EUR/USD buyers past-1.1900.
S&P 500 Price Seems the Bulls to Steam Below Time Highs
The S&P 500 Index is attempting to persuade on the potential gain as it runs out of force. Coming up next is a top-down examination of potential liquidity zones on the drawback should the market move into appropriation.
The week after week graph shows that the neck area of the W-development meets the 38.2% Fibonacci retracement of the week by week bullish motivation leg.
The four-hour chart shows that there is a conversion of a half mean inversion and earlier obstruction structure that would be relied upon to go about as help, in the region of the 21-hour moving normally.
While exchanging is responsive, not cautious, it does no wrong in having some foreknowledge and being ready for expected value activity.
In the accompanying investigation, the hourly conditions are less bullish with the value now underneath the 21-hour moving normal and testing the main layer of basic help.
A tear here will open possibilities for the drawback focusing on a tear of Tuesday's low to open a race to Friday's old record closing highs.
EUR/USD Pair Breaks the Monthly to Direct Risk Bears at Level 1.1800
EUR/USD pair was consolidated near at the day low currently down at the level 0.13% on the day to 1.1840 on this early Thursday. The pair will be traced to the break on the upward to the sloping trend line.
The RSI condition of the pair will be clear the break to the previous support line and the EUR/USD is the eye at the level by 1.1788 during the further declines.
For a situation where the danger off encourages the US dollar to invert the month to month misfortunes, the mid-October low close to 1.1690 and the month to month base encompassing 1.1600 could pick up the market's consideration.
On the other hand, a potential gain break of the help transformed into-opposition, at 1.1883 now, will be examined by the 1.1900 round-figure.
It should likewise be noticed that the even territory around 1.1920-25, involving highs set apart on September 10 thus far in November, turns into a difficult one to figure out for the EUR/USD buyers past-1.1900.
S&P 500 Price Seems the Bulls to Steam Below Time Highs
The S&P 500 Index is attempting to persuade on the potential gain as it runs out of force. Coming up next is a top-down examination of potential liquidity zones on the drawback should the market move into appropriation.
The week after week graph shows that the neck area of the W-development meets the 38.2% Fibonacci retracement of the week by week bullish motivation leg.
The four-hour chart shows that there is a conversion of a half mean inversion and earlier obstruction structure that would be relied upon to go about as help, in the region of the 21-hour moving normally.
While exchanging is responsive, not cautious, it does no wrong in having some foreknowledge and being ready for expected value activity.
In the accompanying investigation, the hourly conditions are less bullish with the value now underneath the 21-hour moving normal and testing the main layer of basic help.
A tear here will open possibilities for the drawback focusing on a tear of Tuesday's low to open a race to Friday's old record closing highs.
- xtreamforex
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Re: Daily Forex News
Technical Analysis on EUR USD or AUD USD
EUR/USD Pair Shows the Bids to Triangle Around 1.1800
The EUR/USD pair rose to the level by 1.1860 on this Monday Session due to this major currency pairs trades inside the symmetrical triangle to the upside momentum to the 200 SMA.
The RSI conditions do not seem as overbought and oversold to the continuation of the recovery of the moves that can be expected.
EUR/USD buyers right now eye the support line of the expressed triangle, at 1.1881 now, while focusing to invigorate the month to month top containing 1.1920.
In the pattern, the example's support line at the level by 1.1835 now, goes before a 200-bar SMA level of 1.1789 to test the momentary drawback. Additionally going about as support is the November 04 high of the level by 1.1770.
AUD/USD Pair Trapped to the Ascending Triangle
AUD/USD is currently trading at the level above 0.7310, speaking to a 0.16% addition on the day.
While the pair is blazing green, it is yet to leave a fourteen-day climbing triangle, as observed on the 4-hour outline. All things considered, the quick inclination stays equal.
A break over the upper finish of the triangle, as of now at the level 0.7340, would infer a continuation of the convention from the Nov. 2 low of 0.6991 and open the entryways for 0.7413 (Sept. 1 high).
Then again, a triangle breakdown would infer a transient bearish inversion and move risk for a drop to 0.6991.
A bullish breakout takes a look at press time, as the value markets are cheering possibilities of an early rollout of Covid antibodies in the US.
To know more visit https://xtreamforex.com
EUR/USD Pair Shows the Bids to Triangle Around 1.1800
The EUR/USD pair rose to the level by 1.1860 on this Monday Session due to this major currency pairs trades inside the symmetrical triangle to the upside momentum to the 200 SMA.
The RSI conditions do not seem as overbought and oversold to the continuation of the recovery of the moves that can be expected.
EUR/USD buyers right now eye the support line of the expressed triangle, at 1.1881 now, while focusing to invigorate the month to month top containing 1.1920.
In the pattern, the example's support line at the level by 1.1835 now, goes before a 200-bar SMA level of 1.1789 to test the momentary drawback. Additionally going about as support is the November 04 high of the level by 1.1770.
AUD/USD Pair Trapped to the Ascending Triangle
AUD/USD is currently trading at the level above 0.7310, speaking to a 0.16% addition on the day.
While the pair is blazing green, it is yet to leave a fourteen-day climbing triangle, as observed on the 4-hour outline. All things considered, the quick inclination stays equal.
A break over the upper finish of the triangle, as of now at the level 0.7340, would infer a continuation of the convention from the Nov. 2 low of 0.6991 and open the entryways for 0.7413 (Sept. 1 high).
Then again, a triangle breakdown would infer a transient bearish inversion and move risk for a drop to 0.6991.
A bullish breakout takes a look at press time, as the value markets are cheering possibilities of an early rollout of Covid antibodies in the US.
To know more visit https://xtreamforex.com
- xtreamforex
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- Posty: 159
- Rejestracja: środa 06 lut 2019, 10:11
Re: Daily Forex News
Technical Analysis on Gold & Silver
Gold Price Risks to Falling to 200 day Level
The Gold Price is going under the long-held support because the gold now risks falling to the 200- day Simple Moving Average. The breakdown is sponsored by an underneath 50 or bearish perusing on the 14-day Relative Strength Index (RSI) and a negative MACD histogram. The 5-and 10-day SMAs are moving south, demonstrating a bearish arrangement, as is the bearish hybrid of the 50-and 100-day SMAs.
The yellow metal closed below $1,850 on Monday, disregarding the level, which went about as a solid floor on various occasions since September.
Thusly, the drawn-out SMA of the level by $1,796 could before long become possibly the most important factor. The yellow metal is right now trading at a four-month low of $1,824 per ounce, speaking to a level 0.68% drop on the day.
XAG/USD Price Cling to the 100 Day EMA to Three Week Low
Silver costs backtrack misfortunes from the multi-day low at the level of $23.42 while taking rounds to the level of $23.60 during the early Tuesday's Asian meeting. The white metal dropped to the most minimal since November 04 in the wake of denoting various pullbacks from 50-day EMA protections during the most recent four days.
Not just the ware's powerlessness to cross the key EMA, yet MACD conditions additionally favor the silver bears to eye a rising pattern line from September 24, at the level $23.23 now. However, a continued drawback break below the 100-day EMA level of $23.60 gets vital for that.
For a situation where the bullion remains frail past-$23.23, the 23.00 and the 22.00 round-figures can offer middle of the road stops to the drawback focusing on 200-day EMA and September's base, separately around $21.75 and $21.65.
Then again, a corrective pullback needs to defeat the 50-day EMA level of $24.35 to test the mid-month top near $25.10.
Nonetheless, any further potential gain past-$25.10 will help the silver bulls with testing the month-to-month top close $25.85.
Gold Price Risks to Falling to 200 day Level
The Gold Price is going under the long-held support because the gold now risks falling to the 200- day Simple Moving Average. The breakdown is sponsored by an underneath 50 or bearish perusing on the 14-day Relative Strength Index (RSI) and a negative MACD histogram. The 5-and 10-day SMAs are moving south, demonstrating a bearish arrangement, as is the bearish hybrid of the 50-and 100-day SMAs.
The yellow metal closed below $1,850 on Monday, disregarding the level, which went about as a solid floor on various occasions since September.
Thusly, the drawn-out SMA of the level by $1,796 could before long become possibly the most important factor. The yellow metal is right now trading at a four-month low of $1,824 per ounce, speaking to a level 0.68% drop on the day.
XAG/USD Price Cling to the 100 Day EMA to Three Week Low
Silver costs backtrack misfortunes from the multi-day low at the level of $23.42 while taking rounds to the level of $23.60 during the early Tuesday's Asian meeting. The white metal dropped to the most minimal since November 04 in the wake of denoting various pullbacks from 50-day EMA protections during the most recent four days.
Not just the ware's powerlessness to cross the key EMA, yet MACD conditions additionally favor the silver bears to eye a rising pattern line from September 24, at the level $23.23 now. However, a continued drawback break below the 100-day EMA level of $23.60 gets vital for that.
For a situation where the bullion remains frail past-$23.23, the 23.00 and the 22.00 round-figures can offer middle of the road stops to the drawback focusing on 200-day EMA and September's base, separately around $21.75 and $21.65.
Then again, a corrective pullback needs to defeat the 50-day EMA level of $24.35 to test the mid-month top near $25.10.
Nonetheless, any further potential gain past-$25.10 will help the silver bulls with testing the month-to-month top close $25.85.
- xtreamforex
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Re: Daily Forex News
Technical Analysis on EUR USD or GBP USD
EUR/USD Pair Seems Bulls And Keep Gain At Level 1.1920
The EUR/USD is currently traded at the level near 1.1928 to the highest level. The pair will need to establish the horizontal resistance at the level by 1.1920.
The Bullish will see on the viewpoint to the descending triangle breakdown that confirmed the earlier month also open the doors to re-test of the 1.2011. An inability to hold above 1.1920 could yield a pullback to the climbing 10-day Simple Moving Average, at present at 1.1870. The pair timed a high of 1.1928 on Wednesday yet shut under 1.1920.
GBP/USD Pair Goes Weekly Highs Under Level by 1.3400
On Wednesday, GBP/USD fell as low as 1.3310 during the European morning meeting, yet through the European evening and US morning ground back towards highs set on Monday of just below at the level 1.3400. As exchange settles down for what is probably going to be a tranquil Thursday Asia meeting in front of slender US Thanksgiving occasion trade for the remainder of the week, the pair has moved back to around 1.3380.
On the off chance that Cable can break it above 1.3400, there isn't much by the method of critical zones of opposition in front of year-to-date highs at 1.3485, level bulls are probably going to weapon for in the event of a definitive potential gain break (maybe prodded by the information on a Brexit bargain being reached).
In the bearish situation, the main territory of help is probably going to come around 1.3350 as an upturn connecting last Thursday's, Monday's, and Tuesday's lows. Past that, Wednesday's low at 1.3304, Tuesday's low at the level 1.3293, and Monday's low at 1.3262 are the following help zones to keep an eye out for.
To know more visit https://xtreamforex.com
EUR/USD Pair Seems Bulls And Keep Gain At Level 1.1920
The EUR/USD is currently traded at the level near 1.1928 to the highest level. The pair will need to establish the horizontal resistance at the level by 1.1920.
The Bullish will see on the viewpoint to the descending triangle breakdown that confirmed the earlier month also open the doors to re-test of the 1.2011. An inability to hold above 1.1920 could yield a pullback to the climbing 10-day Simple Moving Average, at present at 1.1870. The pair timed a high of 1.1928 on Wednesday yet shut under 1.1920.
GBP/USD Pair Goes Weekly Highs Under Level by 1.3400
On Wednesday, GBP/USD fell as low as 1.3310 during the European morning meeting, yet through the European evening and US morning ground back towards highs set on Monday of just below at the level 1.3400. As exchange settles down for what is probably going to be a tranquil Thursday Asia meeting in front of slender US Thanksgiving occasion trade for the remainder of the week, the pair has moved back to around 1.3380.
On the off chance that Cable can break it above 1.3400, there isn't much by the method of critical zones of opposition in front of year-to-date highs at 1.3485, level bulls are probably going to weapon for in the event of a definitive potential gain break (maybe prodded by the information on a Brexit bargain being reached).
In the bearish situation, the main territory of help is probably going to come around 1.3350 as an upturn connecting last Thursday's, Monday's, and Tuesday's lows. Past that, Wednesday's low at 1.3304, Tuesday's low at the level 1.3293, and Monday's low at 1.3262 are the following help zones to keep an eye out for.
To know more visit https://xtreamforex.com
- xtreamforex
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Re: Daily Forex News
Technical Analysis on EUR USD or GBP USD
EUR/USD Pair Seems High In the Key Resistance
EUR/USD is currently traded at the level 1.1914 that created the indecisive Doji Candle on this Thursday. The Doji Candle shows the upper wicks with the small body in the market place which creates the Doji to the immediate bullish to set up the Friday Close pivot.
The Candle is Seems high at the 1.1914 that would see the indecision that ended to the bull victory near the level by 1.18.
The Pair will see the level under the 1.1885 that confirms the Bearish Doji Reversal Pattern that exposes some of the deeper support levels.
GBP/USD Pair Test the 1.3400 to Remains on the Cards
The GBP/USD pairs will hold the ground higher at the European open that seems at the level 1.3400 on the technical board that is based on the US Dollar weakness.
If we see the technical part the technical perspective that consolidating the upside the breakout to the bulls shows the 15 Minutes Chart that is measured on the target of the aligned at the level 1.3396.
The RSI Index is turned on the south trades that seems above at the level by 50.00 that suggesting the bias upside.
The Immediate support is at the level of 1.3367 that sees the limit of the retracement to the bullish formation. The next support is then seen at the horizontal 200-SMA at 1.3363. The psychological level of 1.3350 could challenge the bears’ commitment.
EUR/USD Pair Seems High In the Key Resistance
EUR/USD is currently traded at the level 1.1914 that created the indecisive Doji Candle on this Thursday. The Doji Candle shows the upper wicks with the small body in the market place which creates the Doji to the immediate bullish to set up the Friday Close pivot.
The Candle is Seems high at the 1.1914 that would see the indecision that ended to the bull victory near the level by 1.18.
The Pair will see the level under the 1.1885 that confirms the Bearish Doji Reversal Pattern that exposes some of the deeper support levels.
GBP/USD Pair Test the 1.3400 to Remains on the Cards
The GBP/USD pairs will hold the ground higher at the European open that seems at the level 1.3400 on the technical board that is based on the US Dollar weakness.
If we see the technical part the technical perspective that consolidating the upside the breakout to the bulls shows the 15 Minutes Chart that is measured on the target of the aligned at the level 1.3396.
The RSI Index is turned on the south trades that seems above at the level by 50.00 that suggesting the bias upside.
The Immediate support is at the level of 1.3367 that sees the limit of the retracement to the bullish formation. The next support is then seen at the horizontal 200-SMA at 1.3363. The psychological level of 1.3350 could challenge the bears’ commitment.
- Antek Sulczynski
- Posty: 2
- Rejestracja: niedziela 13 wrz 2020, 05:23
Re: Daily Forex News
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Re: Daily Forex News
Powiem szczerze, że mam sceptyczne podejście do Forex z tego względu, że raczej się tam traci niż zyskuje. I w tym jest największy zarzut.
Bo jak dobrze rozumiem, forex to trochę takie obstawianie na stratę lub zysk.
Już chyba preferuję bardziej bezpieczne sposoby oszczędzania i pomnażania nieruchomości a mianowicie lokaty lub konta oszczędnościowe.
Na stronie mozna sprawdzić sobie obecne promocje bankowe:
https://www.konto-studenckie.pl/promocje/
A tych jest co najmniej kilka/
Bo jak dobrze rozumiem, forex to trochę takie obstawianie na stratę lub zysk.
Już chyba preferuję bardziej bezpieczne sposoby oszczędzania i pomnażania nieruchomości a mianowicie lokaty lub konta oszczędnościowe.
Na stronie mozna sprawdzić sobie obecne promocje bankowe:
https://www.konto-studenckie.pl/promocje/
A tych jest co najmniej kilka/
Kto jest online
Użytkownicy przeglądający to forum: Obecnie na forum nie ma żadnego zarejestrowanego użytkownika i 20 gości