EURCHF Sees a potential drop towards 1.041000 as new support. If this support of 1.041000 BREAKS, 1.027200 is the last support before heading south in a free fall seen on the weekly timeframe . Weekly Setup here. Link to previous Idea
EURCHF Sees a potential drop towards 1.041000 as new support. If this support of 1.041000 BREAKS, 1.027200 is the last support before heading south in a free fall seen on the weekly timeframe. Weekly Setup
EURGBP Sees a correction move after an extreme move to the downside breaking the 0.84 handle. From a psychological standpoint sterling has been gathering momentum after much awaited brexit gains. A potential upside move awaits EURGBP as a correction should be due for momentary bullish momentum . Institutional sellers aim to find a better price in joining the...
NAS100 Potential Downside Ahead of FOMC, Potential Target sees 7500.00
US2000 Russell aims for a Bearish target of 1520.00. Technically. Daily range pattern being traded off highs to previous daily lows. Fundamentally. This comes immediately after the Dollar gains momentum as the market digest the statement - FED RATE SEPTEMBER 2019, as the dot-plot shows no additional cuts through the end of 2020. It also shows that ten members...
EUR/GBP Set for Bear Move after Brexit negotiation lock finally broke . EU gives green light for secret Brexit negotiations on PM's Boris Johnson's plan. This saw GBP -The Pound Skyrocket to mars amidst a long awaited move anticipated by bullish Sterling Traders. The momentum sees possible price moves towards the awaited 0.84 Follow HuracanFX Telegram : t.me...
USD/JPY has hit four-month highs amid optimism on trade and Brexit. Mid-October's daily chart is painting a bullish picture. China has reported the slowest growth level since the 1990s – an annual increase of only 6% in Gross Domestic Product in the third quarter. The world's second-largest economy continues experiencing a slowdown . Ultimately the bigger...
Cleveland-Cliffs is expected to have the first production plant of Hot Briquetted Iron in the Great Lakes region.As traders get to know about the new plant, the share price will gradually creep up to cross the $9 mark. It is a magnificent buying opportunity. A conservative model reveals that the new plant would bring, at full capacity, $150 million per...
With the current uncertainties keeping GBP pairs consolidated, echoing across correlating Pairs to the Pound, new fundamentals seem like the master key in getting volatility back for FX Traders. Looking over the Pound, one cannot deny that Sterling is at its most cheapest level in years. Forget price and think of value - suggests traders at HuracanFX....
GBP/CHF Bullish Push towards 1.34 Target throughout December. As Brexit deciding factors come closer into play for December 2019 , Bullish momentum for the Pound sees the Euro continue to decline against Sterling. Target 1.34. Important to note Price Action over the next 2 days as to confirm entry on GBP/CHF. Join The Gold Group for Free Forex Trading t.me
Fundamentally : Sterling refuses to push much lower, despite growing talk of a 0.25% interest rate at the end of the month. Turnover is limited with the US market closed in observance of Martin Luther King Day but any selling pressure is met by buyers and the downside for now looks limited. Technically Key level of 1.30 Psychological zone seems to be...
Bullish Coronavirus breaks China Country containment. Target set at 1594.0 Bearish Coronavirus fades, Chinese Government seems to not be as fourthright as Western World would like them to be about the Coronavirus outbreak. Target 1556.0 ( 2019 High - Strong support )
A Cup and Handle Pattern Bullish Continuation as Traders identify the noticeable break to the upside after the full pattern formation. • Patience is key with this pattern. • Note that the further the top of the handle is away from the Lows , the more significant the breakout will be.
XAU/USD GOLD -Short but bumpy ride down. With the Dollar set to gain slightly, we could see a move down over the upcoming weeks - this only disregarding fundamental key points that could otherwise dictate a different outcome, as pure technicals are the main driving force for the yellow metal. Follow HuracanFX™ LLC Telegram : t.me Facebook : ...
The USD weakness will help oil find higher prices ,USD Index for confirmation. Keep Crude on our list, as we may see good opportunities for a decent swing to the upside
USDCAD Weekly chart gives us an indication of overall price momentum to the downside as price has retested the weekly resistance zone of 1.35200. Overall a break in upwards channel from 1.34150 has seen USDCAD sustain its shorts over the last 3weeks. After a break - Price will usually form a pullback/consolidation zone. Perfect for re-entries. A Weekly Pullback...
A shaken Aussie Dollar sees its awaited 0.69200 level within reach once again towards the downside - if we see a positive break below 0.70000. Recent Fundamentals concerning the Dollar has allowed the pair to move into higher territories above monthly support of 0.70000 However just shy of 0.71000 a potential reversal towards 0.69200 may become a real...