Key To Markets - Discussion

[Key To Markets]

EURUSD and EURGBP technical overview​

• EURUSD failed to close above Tuesday high 1.1870.
• If fails at the resistance zone, focus shifts to south.
• EURGBP: A bullish momentum back to the table if settles above 0.9050.
• Thursday’s BOE meeting outcome likely to be hawkish.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
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[Key To Markets]

GBPUSD: The better near term buying levels yet to come.​

• The MPC voted by a majority of 6-2.
• UK GDP growth remains sluggish in the near term.
• The cable already retraced 23.6%.
• The near term price action remains in a bullish channel.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
​

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What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

FX Weekly 07 August, TECHNICAL ANALYSIS​

• DXY: Keeping the momentum.
• USDJPY: Placed a dobule bottom.
• USDCAD: A move above 1.2700 needed
• USDCHF: Attempting another break out
• EURUSD: Retraced 23.6%
• AUDUSD: Strong support in focus

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog​

 

[Key To Markets]

BRENT: Symmetrical triangle in focus​

• Brent oil was rejected at 61.8% (Jan-June fall).
• Trading below the eight-month descending trend line.
• Near term head room is limited.
• Set of resistance zones are likely to play a significant role.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog
It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

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​

 

[Key To Markets]

EURUSD: Supports moved to 1.1700 and 1.1680​

• EURUSD continues the lower low and lower high pattern.
• We continue to believe a near-term retracement in the euro.
• Tactically EURUSD is overbought.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

EURJPY: Parallel support finds at 128​

• The cross retrace nearly 35% from recent highs.
• Erased the four-month ascending trend line.
• Medium term potential support zone remains between 126 and 124

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

JPY crosses technical overview​

We have a couple of buy trades after a reasonable correction in JPY crosses,according to our technical analysis.

• EURJPY: Respected the parallel support​
• USDJPY: Resistance moved down to 110.10 from 111.00​
• CHFJPY: Buying the dip​
• GBPJPY: Erased the 4-month trendline​

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.
What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

 

[Key To Markets]

BRENT update 2: Price action appears more bearish

• Symmetrical triangle breakdown.
• Settles below 20DMA.
• Focus shifts to March-2017 low.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
​

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What is your Technical View?

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[Key To Markets]

GBPUSD: Key support zone in focus.​

• UK inflation stalls at 2.6% in July 2017, unchanged from June 2017.
• The cable lost 0.90% on Tuesday.
• Re-tested the five-month ascending trend line.
• It has retraced more than 30.0% (Oct-July rally) and 61.8% of 1.2650-1.3268 rally.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

AUDJPY update 2: In a dip we forecast a bullish reaction.

• July unemployment rate remained at 5.6 per cent in July 2017.
• The labour force participation rate was 65.1.
• The daily oscillator turned bullish.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

Brent: We have spotted two bullish factors.​

• Spotted with a double bottom.
• Likely to consolidate between 49.80 and 52.
• Resistance zone seems between 51.50 and 52.00.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
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What is your Technical View?

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[Key To Markets]

USDJPY: The elevated level cast on Fed Chair Yellen speech at Jackson Hole.​

• We believe USDJPY to move in a sideways this week.
• Our near-term view on USDJPY is unchanged.
• Buying trade activated.

Read the article on our Key To Mearkts Blog​

Read the article on our Key To Mearkts Blog
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[Key To Markets]

EURUSD: We believe Draghi likely to disappoint euro bulls at Jackson Hole​

• Renewed Euro strength witnessed as dollar drifts again.
• Political uncertainties continuing to weigh on the dollar.
• Yellen and Draghi’s speeches at Jackson Hole Symposium.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.
​

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

EURGBP: The levels to watch here are 0.9230 and 0.9260.​

• We believe central bank divergence and political headwinds are likely to dominate.
• EURGBP has been moving higher trajectory for four straight months.
• UK GDP and Draghi speech at Jackson Hole are the key risk events.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?
Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.






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[Key To Markets]

EURCAD: Spotted with an inverse H&S pattern.​

• Consolidating in a narrow range.
• Spotted with an inverse H&S pattern.
• Draghi’s speech and NAFTA developments are the key drivers.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
It is important to always keep in mind the risks involved in trading with leveraged instruments.
What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

EURAUD: Bullish patterns visible on the daily and weekly charts.​

• EURAUD has been facing resistance at 200EMA on the monthly chart.
• Long term descending trend line in focus.
• 1.5330 and 1.5700 are possible.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog
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What is your Technical View?

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​

 

[Key To Markets]

For the time being the upside risk is higher in EUR crosses than EURUSD.

• EURUSD rose further and printed a fresh 32-month high, gain 16% year-to date.
• EUR net longs are extended and Dollar net short positions increased.
• Potential resistance seems between 1.2000-1.2040.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

BRENT: Resistance gradually moving down.​

• Brent oil daily price pattern remains in an ascending wedge.
• Multiple tops placed at 52.75.
• Hurricane “Harvey” supporting the oil prices.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog
It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
​

 

[Key To Markets]

USDJPY: Near term resistance seems between 109.90 and 110.20​

• USDJPY retraced and rebound.
• On a verge of a trend line breakout.
• Probably made a double bottom.

Read the article on our Key To Markets Blog​

Read the article on our Key To Markets Blog​

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.​

 

[Key To Markets]

KTM overview in FX and commodities breakouts and breakdowns.​

• USD buying witness across the board.
• GBPNZD chart of the week and month.
• Natural gas term trend reversal expected.
• CHFJPY large H&S pattern.
• GBPAUD and GBPCAD currently trading on a verge of a breakout.

Read the article on our Key To Markets Blog

Read the article on our Key To Markets Blog
It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.
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