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  • MartinWilliams
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    5 important events this week will bring us!

    Read more: http://bit.ly/2ZbzzuQ

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  • MartinWilliams
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    Market updates on July 19

    http://bit.ly/2M1gUy4

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  • MartinWilliams
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    Crab

    The Crab is another harmonic pattern that is derived from the Gartley pattern. The special thing about it is the long XA and CD swings. The point D is far away and lies beyond the starting point X. This is what differentiates the Crab from other harmonic patterns.

    Learn more with article!

    http://bit.ly/2XNVmMh

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  • MartinWilliams
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    Market updates on July 16

    More at: http://bit.ly/2YUVl5V

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  • MartinWilliams
    replied
    5 important events this week will bring us!

    More at: http://bit.ly/30vSkcz

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  • MartinWilliams
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    Weekly Cryptonews

    Check this at: http://bit.ly/2JHZ1kR

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  • MartinWilliams
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    Market updates on July 11

    More at: http://bit.ly/2YONEhn

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  • MartinWilliams
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    Market updates on July 10

    Check the charts: http://bit.ly/2YQwOPq

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  • MartinWilliams
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    Market updates on July 9

    Check the charts: http://bit.ly/2JmOMng

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  • MartinWilliams
    replied
    Market updates on July 8

    Check the charts: http://bit.ly/2XvRVVH

    08.07.2019

    Last Friday the NFP outperformed the estimates. It increased by 224 thousand jobs (vs. 162 thousand expected). As a result, the USD strengthened and pulled EUR/USD down. On H4, the pair has been making modest gains towards the 1.1232 level. If this level is broken, the next resistance will lie at 1.1246. RSI is moving close to the 30 level and may signal a buying opportunity if it crosses this level from bottom to top. If the USD gets stronger, there is a possibility for the pair to break the 1.1219 level. The next support will lie at 1.1202.

    GBP/USD tested the lows at 1.2480 on Friday after the employment release for the US and stuck near the 1.2510 level. On H4, bulls need to push the pair above the 1.2541 level to confirm their strength. In that case, the cable will rise as far as the 1.2589 level will be reached. From the downside, pay attention to the 1.2510 and 1.2480 levels.

    After the Turkish president Recep Tayyip Erdoğan fired the head of the central bank as the Governor had not cut the interest rate, the Turkish lira fell down. On H4, USD/TRY formed a gap up at the beginning of the trading day. The rise of the pair was limited by the 100-period SMA near the 5.7557 level. If the Turkish lira continues to weaken, the next resistance levels will lie at 5.7794 and 5.8. On the other hand, the pair may correct to the support at 5.6967. The next support will lie at 5.6616.

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  • MartinWilliams
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    Non-farm payrolls: what pairs to watch?

    Check the charts: http://bit.ly/2RYPfid

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  • MartinWilliams
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    Market updates on July 4

    More at: http://bit.ly/2xunlB5

    04.07.2019

    What currency pairs to watch today?

    After the test of the 61.8% Fibo near the 1.1270 level on H4, the EUR/USD pair has been ranging between this level and resistance at 1.1294 (50% Fibo level). The bullish strength will be confirmed if the pair manages to break the current resistance and stick above the 100-period SMA. In that case, the rise may be limited by the next resistance at 1.1343 (50-period SMA). From the downside, the break of the 1.1270 level will increase the risks of the further fall towards the 1.1252 level (200-period SMA). This is also the border of the ascending trading channel.

    Yesterday, GBP/USD slid towards the 1.2556 level. On H4, the pair is currently consolidating between 1.2556 and 1.2589-1.2597 levels. The weakness of the GBP will put additional pressure to the pair. As a result, if the 1.2556 level is broken, the next support will lie at 1.2510. On the other hand, the inability of bears to break the 1.2556 level will help bulls to retest the upper border of the consolidation range between 1.2589 and 1.2597. If these levels are broken, the pair will rise to the next resistance at 1.2632.

    AUD/USD was unable to stick near the strong resistance at 0.7047 and fell below the 0.7022 level at the beginning of the day. Bulls need to break this level to restore the upward moving channel. However, MACD formed a bearish divergence with the price that is why we may expect further fall. From the downside, the 0.7011 and 0.7 levels are important for bears.

    The kiwi has fallen below the 0.6693 level towards the 0.6674 level, which lies close to the 23.6% Fibo and 50-period SMA. The strength of bears will be confirmed if the pair manages to fall below this level and target the next support at 0.6656. The next key level for sellers will lie at 0.6629. If buyers take back control over the market, the kiwi will retest the resistance at 0.6693. The break of this level make it possible to retest the 0.6717 level.



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  • MartinWilliams
    replied
    Positive news from the US-China trade front is moving the aussie

    More at: http://bit.ly/2KYaZtC

    03.07.2019

    The Australian dollar gained on the news that China considers buying more agricultural goods from the US. On H4, AUD/USD has risen higher above the 0.7022 level and is currently targeting the resistance at 0.7047. The next key level for bulls will lie at 0.7061. If the rise is limited, the pair will fall to the 0.7011 level. The next support will lie at 0.7.

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  • MartinWilliams
    replied
    Market updates on July 2

    Check the graphs: http://bit.ly/2KTbJjZ

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  • MartinWilliams
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    http://bit.ly/2xoRgdQ
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