EURUSD now on 4-day lows of 1.1207. Large EURUSD option expiries in play again too – a large chunk at 1.1200. A rumour on the street is that the ECB will tomorrow cut inflation forecasts and hence reduce the expectations for tapering: ECB Said To Cut Inflation Forecasts To Around 1.5% Through 2019. If this plays out tomorrow we can […]
We are pleased that most of our recent analysis on EUR/USD and GBP/USD worked out. As the assessed levels for these two currency pairs has been reached this week it is slowly time to focus on Xmas. At this point we Wish You a Lovely Time with Your Families – warm atmosphere and a lot […]
We are still supporting the up movement on GBP/USD however as there is a strong bearish pattern built on daily chart and the FOMC / interest rate decision coming in this evening, we also consider a drop to around 1.2310 – 1.2280 before the pair starts moving strongly up. Regarding EUR/USD the view has no […]
As expected EUR/USD reached the 1.0645 level. However our today`s view has slightly changed since yesterday. In our opinion there is more space for the pair to move to a zone between 1.0685 – 1.0705 before moving sharply down. We still have in mind 1.04 as a first target after the pull back is finished. […]
EUR/USD is in a strong bearish movement at the moment, so all we are looking for is a mirror pullback to around 1.0625 – 45 area before continuation to the downside. The 1.04 is the fist target. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses […]
As the Italian referendum on Sunday brought sharp down and up movements, scalpers and those traders with good risk management skills could benefit from the event. Also for swing traders staying on a side was a good solution. As the EURUSD is above 1.07 we are waiting for the pair to move to around 1.09 […]
As the Italian referendum will take place over the weekend and the NFP announcement is just in front of us the volatility will increase heavily. For those who do not have any position in the market it seems to be wise to stay flat until Monday. Nevertheless, as scalpers and high risk approach traders can […]
From a 4 hour chart we can see that GBP/USD is developing an ascending triangle. If this is the case then break above 1.2530 should bring a sharp up movement when the target seems to be around 1.27 level. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result […]
As EUR/USD is on an extended down movement from 1.13 we are waiting for a pullback to around 1.07 level before the pairs move further down to 1.04 area. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your initial deposit. These products may […]
Just to explore the possibilities that NZD/USD (a weekly chart) and SILVER (a daily chart) may be close to their turning points. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your initial deposit. These products may not be suitable for everyone. Please seek […]
We are looking for a break above 1.2500 level on GBP/USD – 4h chart. With a consolidation followed above the level the pair should be ready to move to around 1.2700 Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your initial deposit. These […]
Market Analysis by Junaid Wilson – Its coming up to the end of the Year and investors who have been short euros, long dollars for most of the year may start to take profits. Since we have had a 5% move in the EUR to the upside over the period of a week its very […]
Market Analysis by Junaid Wilson Yesterday the AUD and NZD traded higher the EUR and the JPY edged lower, it was a light trading day. Today, we have a sling of economic data realise starting with EA PMI’s followed by an unemployment report. We also have the manufacturing PMI being realised from the UK. In […]
GBP/USD is consolidating at the moment suggesting further up movement. A break above the formed rectangle gives the possibility of reaching 1.5317 level (61.8% Fib level counted from 1.5495 to 1.5029). If this is the case, yesterday`s analysis for EUR/USD may not be valid as these pairs are still highly correlated. A strong up movement […]
The EUR/USD, on a 4 hour chart, looks as it is prepared to move to the lover band of the descending channel. Caution is always needed, however the 1.0600 level is our next target. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your […]
USD/JPY has formed a bullish flag on 4h chart. The flag is not broken yet, however when it happens we may be prepared for a further up movement to 125 level (in the mid term). Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed […]
As financial markets are correlated with each other, it is worth looking at USD/CHF daily chart where a triangle pattern has been formed. Usually a triangle finishes with E movement, and often the E ends around 61.8% Fibonacci level. If this is the case, we may see a strong up movement on the currency pair. […]
As financial markets are correlated to each other, it is worth looking at USD/CHF daily chart where a triangle pattern has been formed. Usually a triangle finishes with E movement, and often the E ends around 61.8% Fibonacci level. If this is the case, we may see a strong up movement on the currency pair. […]
Is it time for a correction on EUR/USD?
/0 Comments/in Daily Analysis /by ArekEURUSD now on 4-day lows of 1.1207. Large EURUSD option expiries in play again too – a large chunk at 1.1200. A rumour on the street is that the ECB will tomorrow cut inflation forecasts and hence reduce the expectations for tapering: ECB Said To Cut Inflation Forecasts To Around 1.5% Through 2019. If this plays out tomorrow we can […]
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Merry Christmas from London-Trader
/0 Comments/in Daily Analysis /by ArekWe are pleased that most of our recent analysis on EUR/USD and GBP/USD worked out. As the assessed levels for these two currency pairs has been reached this week it is slowly time to focus on Xmas. At this point we Wish You a Lovely Time with Your Families – warm atmosphere and a lot […]
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INTEREST RATE decision and the possibilities for GBP/USD and EUR/USD
/0 Comments/in Daily Analysis /by ArekWe are still supporting the up movement on GBP/USD however as there is a strong bearish pattern built on daily chart and the FOMC / interest rate decision coming in this evening, we also consider a drop to around 1.2310 – 1.2280 before the pair starts moving strongly up. Regarding EUR/USD the view has no […]
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More movement to the upside for EURUSD
/0 Comments/in Daily Analysis /by ArekAs expected EUR/USD reached the 1.0645 level. However our today`s view has slightly changed since yesterday. In our opinion there is more space for the pair to move to a zone between 1.0685 – 1.0705 before moving sharply down. We still have in mind 1.04 as a first target after the pull back is finished. […]
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EURUSD – the next move
/0 Comments/in Daily Analysis /by ArekEUR/USD is in a strong bearish movement at the moment, so all we are looking for is a mirror pullback to around 1.0625 – 45 area before continuation to the downside. The 1.04 is the fist target. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses […]
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Do not take your eyes from the target – EURUSD in focus.
/0 Comments/in Daily Analysis /by ArekAs the Italian referendum on Sunday brought sharp down and up movements, scalpers and those traders with good risk management skills could benefit from the event. Also for swing traders staying on a side was a good solution. As the EURUSD is above 1.07 we are waiting for the pair to move to around 1.09 […]
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What the next possible move may be for GBPUSD and EURUSD?
/0 Comments/in Daily Analysis /by ArekAs the Italian referendum will take place over the weekend and the NFP announcement is just in front of us the volatility will increase heavily. For those who do not have any position in the market it seems to be wise to stay flat until Monday. Nevertheless, as scalpers and high risk approach traders can […]
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Is GBP/USD developing an ascending triangle?
/0 Comments/in Daily Analysis /by ArekFrom a 4 hour chart we can see that GBP/USD is developing an ascending triangle. If this is the case then break above 1.2530 should bring a sharp up movement when the target seems to be around 1.27 level. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result […]
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EUR/USD – is it the long expected pullback?
/0 Comments/in Daily Analysis /by ArekAs EUR/USD is on an extended down movement from 1.13 we are waiting for a pullback to around 1.07 level before the pairs move further down to 1.04 area. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your initial deposit. These products may […]
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NZD/USD and SILVER – medium term direction
/0 Comments/in Daily Analysis /by ArekJust to explore the possibilities that NZD/USD (a weekly chart) and SILVER (a daily chart) may be close to their turning points. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your initial deposit. These products may not be suitable for everyone. Please seek […]
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Is GBPUSD preparing to get higher?
/0 Comments/in Daily Analysis /by ArekWe are looking for a break above 1.2500 level on GBP/USD – 4h chart. With a consolidation followed above the level the pair should be ready to move to around 1.2700 Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your initial deposit. These […]
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US dollar recap – market analysis
/0 Comments/in Daily Analysis /by ArekMarket Analysis by Junaid Wilson – Its coming up to the end of the Year and investors who have been short euros, long dollars for most of the year may start to take profits. Since we have had a 5% move in the EUR to the upside over the period of a week its very […]
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A dollar correction with dips against major currencies and commodities
/0 Comments/in Daily Analysis /by ArekMarket Analysis by Junaid Wilson Yesterday the AUD and NZD traded higher the EUR and the JPY edged lower, it was a light trading day. Today, we have a sling of economic data realise starting with EA PMI’s followed by an unemployment report. We also have the manufacturing PMI being realised from the UK. In […]
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GBP/USD and EUR/USD IN FOCUS
/0 Comments/in Daily Analysis /by ArekGBP/USD is consolidating at the moment suggesting further up movement. A break above the formed rectangle gives the possibility of reaching 1.5317 level (61.8% Fib level counted from 1.5495 to 1.5029). If this is the case, yesterday`s analysis for EUR/USD may not be valid as these pairs are still highly correlated. A strong up movement […]
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IS EUR/USD PREPARED TO MOVE TO 1.0600 LEVEL?
/0 Comments/in Daily Analysis /by ArekThe EUR/USD, on a 4 hour chart, looks as it is prepared to move to the lover band of the descending channel. Caution is always needed, however the 1.0600 level is our next target. Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed your […]
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A BULLISH FLAG ON USD/JPY, 4h chart
/0 Comments/in Daily Analysis /by ArekUSD/JPY has formed a bullish flag on 4h chart. The flag is not broken yet, however when it happens we may be prepared for a further up movement to 125 level (in the mid term). Risk Warning: Transactions in Contracts for Difference and Foreign Currency are leveraged products that can result in losses that exceed […]
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Price Action 26/10/2015 – Daily Analysis
/0 Comments/in Daily Analysis /by LucasEUR/CAD looking for sell on H4 GBP/JPY looking for buy on 50% pin AUD/USD on daily 50% pin reach today
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Price Action 25/10/2015 EUR/CAD EUR/USD AUD/JPY
/0 Comments/in Daily Analysis /by LucasEUR/USD Daily -looking for sell EUR/CAD H4 – looking for sell AUD/JPY H4 – looking for buy
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Inverse correlation – is EUR/USD turning to the downside?
/0 Comments/in Daily Analysis /by ArekAs financial markets are correlated with each other, it is worth looking at USD/CHF daily chart where a triangle pattern has been formed. Usually a triangle finishes with E movement, and often the E ends around 61.8% Fibonacci level. If this is the case, we may see a strong up movement on the currency pair. […]
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Inverse correlation – is EUR/USD turning to the downside?
/0 Comments/in Daily Analysis /by ArekAs financial markets are correlated to each other, it is worth looking at USD/CHF daily chart where a triangle pattern has been formed. Usually a triangle finishes with E movement, and often the E ends around 61.8% Fibonacci level. If this is the case, we may see a strong up movement on the currency pair. […]
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