MARKETS FORECAST TECHNICAL ANALYSIS The U.S. presidential election results spiraled through financial markets last Tuesday and into Wednesday morning, initially sending U.S. stock futures and the dollar sliding and havens such as gold and the Japanese yen soaringWall Street stocks rose last week when the Dow peaked after rising by 5% – the sharpest jump in five years Dow Jones …
Turkish lira (USD/TRY) Technical Analysis Turkish lira down tonight to a new record low, what the next move? I wrote here all this scenario from the beginning Turkish Lira Usdtry taking decline in the past year to almost 10 per cent, now after we saw the Hugh spike this night after the us elections ,we need to be more focus…
AUDUSD TECHNICAL UPDATE Rising commodity prices, as well as lowered expectations of another Reserve Bank rate cut, push the aussie upvictory by Hillary Clinton standing in the way of the Aussie – potential the US Federal Reserve will likely raise rates in DecemberThe Australian dollar’s currency has as strong links to emerging market currencies in AsiaThe Australian dollar’s currency has…
Is the rally began, the pound-dollar exchange rate GBP/USD rallied on news that the UK Government is unable to trigger Article 50 of the Lisbon Treaty without the approval of Parliament.if the activists win their case then there is a good chance the Pound would rally as markets tend to be aligned in a pro-EU mannerHowever, such A rally…
Turkish lira (USD/TRY) Technical Analysis Forecast long time no talks on this pair ,but we got again new high as expected it was written here long time ago so what the next move ,USD/TRY edges higher towards all-time,The current prices suggest on current upswings Turkish Lira Turkish Lira technical analysis: Break up 2.98-3.00 will lead the usUSD/TRY to 3.25-3.28 price level, while before…
GBP/USD Reached To Bottom Or Its … The story was here since the beginning “Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In the bigger picture, the down trend is still in progress”.GBP/USD remains in sideway consolidation,Still,…
EUR USD 3 SCENARIO FOR TRADING Euro-dollar pair is finally going to happen some moves ..Let’s try to see what we have and what it would be ….Endless long trudge, but are beginning to see signs of the beginning of the movementYou should pay attention to EURUSD, in terms of number patterns, which look burgeoning onto the timeline and cost…
Why DAX Should Be 1 of your investments DAX looks very bullish now. The price continued to advance north during the course of trades on Thursday. The index is approaching the resistance level 10,730. Near support is at 10,500, in the lower bands we have 12,278 area while the most crucial support area stay in 10,130, break above 10700 would…
Is Gold Price Reached The Bottom If gold will break 1330 area you should expect to ….Get ready for move…… GOLD PRICE On Friday Gold futures was trading just above $1,250 before the non-farm payroll numbers data was released, after the data released, gold reached the lowest level since June 8,in the middle of day the gold drops to 1241…
GBP/USD The Never Ending Story ,Or….. Well for all my readers its was written on my wall ,now after “Fat Finger” on the gbpusd tonight ,im going out from my short position The all story since the brexit and even before noted here before. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support.for the…