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Find the latest news in financial markets, discussing of major economic events/data publications, trading recommendations with reliable target levels and reasonable stop orders, efficient opinions forecasting moves of major currency pairs and other financial instruments...

The pair confirmed a strong closing on Friday supporting a retest of the 1,1460 area, now the attraction. The weekly closing was also strong above the tops of the past few sessions. Further strength is therefore possible if not even probable! The indicators of the daily chart are now well...

Forex, Stocks, Commodities. Technical analysis, news, strategies and advice for for Financial Decisions - Trading View

Trading View: EURUSD confirmed a further weak closing on Friday making a new low in the daily as well as in the weekly chart supporting further weakness. The drop failed yet to confirm our m/t target that we expect to see very soon! We still expect the EURUSD to deep below 1,20 before end of the...

Daily market analysis, news, strategies and forecasts - Morning Finance

(1,3420) The EUR/USD is confirming a nice rebound that already favoured a retest of the 1,3430/40 area where we expect good resistance and from where we could see a retracement toward the 200 hours line, now found at 1,3393. The holding of this line will favour another test on the upside...

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Gold ground higher last week in what appears to be a bearish rising wedge pattern. We look for selling interest to continue to show at the top of end of the pattern at 1344/46 and for the falling trendline and 61.8% retracement hurdle at 1348/50 to ideally cap for a turn lower. Removal of...

Gold is correcting the post FED fall and has backed up through the week’s range highs at 1330. This has triggered a move to the 50% retracement barrier at 1340. We allow for this short-term consolidation to run further, but look for 1348/50 to cap for a turn lower. Refill of gap support at...

Gold has set a small top beneath 1360/52 which begins to see it resume its bear trend. Below 1277/70 would expose the year’s low at $1180 beneath which finds our long standing core target at $1157/54. Above $1434 would aim at $1463/83 which would Trading Look® cap to keep the medium-term trend...

EURUSD stays under pressure in the broader range EURUSD has bounced, but is still seen staying under pressure in the broader range to 1.3321/1.2980. Above 1.3418/52 is needed to turn the trend higher for 1.3504/21 then 1.3711

EURUSD is holding 50% retracement support at 1.3103. We Trading Look® for the “neckline” to the top at 1.3220/30 to ideally cap further strength though, for an eventual decline to 1.3021. EURUSD has found near-term support at the 50% retracement of the July/August rally at 1.3103, and we allow...

Gold has extended its setback, removing both the 20-day average at 1377 and former price support at 1373. This leaves the immediate focus now on more important levels at 1352/49 – channel, price and 40-day average support at 1352/46 – which we would expect to support a rebound. Bigger picture...