markets forecast technical analysis update Im wrote many times during the last two years on the similarly situation in the markets who remind me 1999 , you can see here all the story i thought we need to get some corrections before continuing upper levels , but there was only small pick for two days to test lows and recovers…
GBP/USD cross up 1.30 price level, technical analysis forecast update So many words were written here about the GBP/USD – What will happen to the Pound after Brexit? GBP/USD has cleared resistance the 1.3000 level today, reaching the level since late September 2016 due to good data: UK Retail Sales volume surged 2.3% in April, compared to the consensus forecast for an…
Turkish lira Price Technical Analysis Forecast update From my last post, I wrote couple scenarios: http://www.daytrade-profit.com/2017/04/what-interesting-pattern-is-created-in.html The first option – breaking area of 3.82-3.86 will lead the usd try to cope with + 4.10Option Two: Amendment to the 3.55 to 3.59 area and from there back to the peak, with the possibility of hacking the last highA third option: correction down…
Markets Technical Analysis Update due The emergence of a bubble in the financial markets Well are we witness on the bubble again, The markets recovery is nearly 100 months old and exceedingly long-in-the-tooth by historic and nothing Semmes to bother: market volatility is at a 24-year low. That’s despite the unprecedented convergence of political, fiscal and monetary policy risks to say…
Will the GBP USD find its price above 1.30 Today Will post some major economic data on England BOE Inflation ReportMPC Official Bank Rate VotesMonetary Policy Summary Sterling faces a key test on Thursday as the Bank of England meets to decide monetary policy for the first time since inflation jumped above the target level. GBPUSD is hovering around a…
Will the Gap in the markets close The recent elections in France caused the markets to leap sharply and leave behind open price gaps, Will this gap be closed in French presidential election second round vote on 7.5.207The results of the first round of the French presidential elections met expectations. Emanuel Makron, the center’s candidate, came in first with 24…
New Zealand Dollar Technical Analysis Forecast Friday’s nonfarm payrolls will yield the usual influence on forex markets as investors look to this key data for an indication of the future path of monetary policy in the US. Figures for March were a big disappointment – 98,000 was well below the recent average. However, so far that has not dissuaded the…