Technical Analysis – Page 6

EURUSD forecast for the week of 28-Aug-2017

August 27, 2017August 28, 2017 Admin

Fundamental Analysis EURUSD pair consolidated for the most part of last week until the comments given by Yellen and Draghi on Friday. The markets awaited in anticipation of the meeting at Jackson Hole, looking for clues from the central bank heads, of the monetary policy ahead. The markets expected Yellen to be hawkish to give some boost to the greenback. However she chose not to give such clues. The Dollar in turn weakened across the board sending the pair to the region around 1.1870 Even though Draghi did not say…

FX Week Ahead: Highlights Include Article 50 And Sterling, Q4 GDP And The USD

March 27, 2017 Admin

By Shant Movsesian (RANsquawk) and Rajan Dhall MSTA (RANsquawk/Tradingview) UK in the spotlight this week as Article 50 set to be triggered. Is this priced in to GBP? We’ll find out. The USD may start to find some support as key levels (against its major counterparts) near. Japanese year end on the Friday. Looking to next week, few can look past the impending triggering of Article 50 – on Wednesday – which is widely expected to produce a knee jerk hit on the Pound. Given the slow grind higher through…

Trend Trading Versus Mean Reversion Trading (Video)

July 3, 2016 Admin

By EconMatters It is important to know your market well, and identify which catalysts are drivers for supporting a Reversion to the Mean Trading Strategy that you can assign probabilities, timeframe and position sizing around in constructing a viable investing model. The most important factor in any Mean Reversion Trading Strategy is in controlling the Risk Element, i.e., what is your cutoff strategy for the trade. © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle

Silver Market Set To Break Out Above 20 Dollars (Video)

July 1, 2016 Admin

By EconMatters The Silver Market really broke out this week, far outpacing Gold, and is the market to watch in my opinion going forward regarding more “Central Bank Currency Devaluation QE Stimulus Initiatives” and the resultant implications for financial markets. © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle

Visualizing The Market Cycle

May 1, 2016 Admin

Is it possible to time the market cycle to capture big gains? Like many controversial topics in investing, there is no real professional consensus on market timing. Academics claim that it’s not possible, while traders and chartists swear by the idea. That said, as VisualCapitalist's Jeff Desjardins notes, one thing that everyone can probably agree on is that markets are cyclical and that securities do have recurring chart patterns. They aren’t predictable all of the time, but learning the fundamentals around market cycles can only help an investor in furthering…

Currency Analysis – New Zealand Dollar versus US Dollar (Video)

April 9, 2016April 10, 2016 Admin

By EconMatters

We look at the “Kiwi”/USD Currency Cross in this video. We delve into the history of the New Zealand currency, with a look at the technical support and resistance levels throughout the last 20 years.

Fundamental Analysis: GBP/USD – 29th March 2016

March 29, 2016 Admin

Yes, we have seen a 125 pip rally of GBP/USD pair partly due to UK data right before the Good Friday holidays in most of the major markets and at the same time slight misses in US consumption and inflation, followed by the long weekend. This meant that GBP had more than its fair chance to rally. Speculators themselves must have had a part to play in that, especially the technical speculators. Have a look at the following technical diagram, which projects the possibility of a further upwards movement. The…

EUR/JPY better bid on weaker Yen, 127.20 tested

March 29, 2016March 29, 2016 Admin

The cross in the EUR/JPY is prolongs its upward trajectory for the fourth straight session and clocks fresh twelve-day highs above 127 handle in the Asian session. EUR/JPY supported above 50-DMA at 126.72 The EUR/JPY pair trades +0.08% higher at 127.11, having printed fresh more than two-week highs at 127.20 in the last hour. The EUR/JPY cross remains better bid this session as the yen once again lost footing against the greenback, while the EUR/USD pair halted a minor corrective slide and regained 1.12 barrier and provided the much-needed impetus to the…

Technical Analysis: NZD/USD retakes 0.67

March 28, 2016 Admin

Mon, 28 Mar 2016 13:33:52 GMT Source: Dukascopy Bank SA © Dukascopy Bank SA “The dollar will be highly sensitive to U.S. data this week ahead of payrolls. The dollar is prone to react more to positive U.S. economic news.” – Ueda Harlow Ltd. (based on Bloomberg) Pair’s Outlook The NZD/USD currency pair retreated upon reaching the 20-day SMA on Friday , while positive US GDP data caused the NZ Dollar to edge 20 pips lower. The Kiwi is now set to retake the 0.67 psychological level, with the closest…

USD/JPY Technical Analysis – Fri, 25 Mar 2016

March 25, 2016March 27, 2016 Admin

USD/JPY closes in on channel’s resistance Fri, 25 Mar 2016 08:31:07 GMT Source: Dukascopy Bank SA © Dukascopy Bank SA “The higher dollar trend is becoming more evident against the yen. But the move broadly remains within an adjustment from the post-Fed bearishness.” – Jun Kato, Shinkin Asset Management (based on Bloomberg) Pair’s Outlook The US Dollar was able to outperform the Japanese Yen on Thursday, with the 20-day SMA limiting the gains. The same level is acting as the closest resistance today, thus, might trigger a sell-off, erasing most…