Possible NAS100 retracement today. The news at 15:30 will have an impact on the dollar and more volatility on indices is expected after 16:30. The opening could cause the index to drop if the 15300 level breaks. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
Gold was following a downward trend recently. It later showed signs of retracement and just broken resistance that might push it upwards. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a...
The PMIs were devastating again for Eurozone. The EURUSD dropped heavily during the day. Possibly the downward movement is finally over. A retracement is expected back to the 61.8% of the movement. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk...
Gold (XAUUSD) has been testing the support near 1930 USD/oz. The USD is appreciating currently. The breakout would probably cause a rapid downward move. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative...
The market moved rapidly to the upside. Possibility of retracement in this volatile environment is now forming. As per the Fibo retracement tool. Arrow shows the 61.8 Fibo level that the index might retrace to. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
Finally we see that after the ECB conference the EURUSD has finally put a stop in the downward movement after finding important support levels. Will this be the chance for catching the retracement? The arrow shows the 61.8 Fibo level at which the market could retrace. This is the most probable scenario for the day if we do not see any surprises to the downside....
After the announcement about intended unchanged BOJ rate today, the Japanese yen fell dramatically. A retracement is possible since the market seems to experience an interesting resistance on the USDJPY chart. As per the arrow back to the 61.8% of the total move. __________________________ Information Regarding Important News and Figures can be found here in...
Yesterday the NAS100 underperformed with a great downward rapid movement. It is an apparent reversal after a long upward path. It is Friday and we are not expecting much activity after the NYSE opening, however it is expected that a retracement will take place after this reversal. As per the arrow, back to the 61.8 Fibo level....
The U.S. stock market is on the upside after a strong appreciation. The index moved rapidly upwards following the 1% reported drop in annual inflation for the U.S. the market participants expect obviously a revision in policy. Will hikes take place or not? The market does not think so, let's see. A retracement for today is possible before the uptrend...
Gold price has been moving more towards the upside lately due to dollar weakening. It seems that it has already broken some important resistance levels there but has not yet made a good move on the upside. Further broken resistance levels might cause it to jump. __________________________ Information Regarding Important News and Figures can be found here in...
GBPUSD pair has been experiencing high volatility today. The reversal started at 16:00, BOE Gov Bailey was speaking at 18:00. The GBP appreciated greatly and the GBPUSD ended up crossing the 30-period MA on its way up. Time to reverse possibly. As per the Fibo level and the arrow. Lets see. __________________________ Information Regarding Important News and...
Fibonacci Expansion is used to identify the potential retracement level at 61.8%. The pair is expected to fall after breaking the support levels providing more evidence of a further downward movement. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
BOE's Bailey stated that Inflation is way too high above the 2% target indicating that BOE is committed to hike again. The market reacted to the announcement with an intraday shock, causing the GBPUSD to jump. Retracement is probable since we do not expect further GBP appreciation. P.S. 1.618 is actually the 61.8% of the upward movement and 61.8 Fibo retracement...
EURGBP just broke a support. Further drop is possible until the next support. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your...
GBPUSD has been rapidly moving downwards due to GBP depreciation. There are no significant Schedule releases today to support such shock so retracement back to the 30-period MA is quite possible. The key question here is: is this the end of the movement downwards. Is this the final support level of the day? __________________________ Information Regarding...
The EURUSD is moving upwards steadily. It potentially broke a significant resistance and now could probably move further upwards towards the next resistance at 1.10 __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly...
The USDJPY is moving upwards breaking resistance levels. It is quite possible that the next resistance is at near 143.10 __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk....
H4 Chart the market is retracing as it seems for the pair. AUDJPY Fibo tool used to identify the comeback. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is...