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…
will the markets continue to go up or we have an opportunity Global financial markets rose yesterday by centrist Emmanuel Macron’s win in the first round of French presidential election.CAC 40 closed at 9 years high at 5268.85, DAX rose 3.37% to close at a record high.US indices followed with NASDAQ closing at a record high at 5983.82, up 1.24%.…
Will the euro going to meet 1.10 price area Monday kicks off with the result of the French presidential first round; Macron was seen winning the first round of the French election, ahead of Marine Le Pen who is widely seen as being the Euro-negative candidate.The latest exit poll has Macron with 23%, while Le Pen won 22% of the…
What is the next step for GBP/USD price? K PM Theresa May is out on the wires now, via Reuters, issuing a scheduled statement at the press conference in Downing Street. Key Headlines: Election to be held 8th June, Britain is leaving EU and there can be no turning back, other parties oppose the government’s Brexit approach The announcement was…
MARKETS FORECAST TECHNICAL ANALYSIS yesterday The rally in the markets reversed toward closingDowjones surged initially on strong ADP employment and reached high . But the index then reversed to close down, The hawkish FOMC minutes are seen as a factor weighing on sentiments. But more importantly, House speaker Paul Ryan’s comments on tax reform further reduced market confidence on US…
Turkish lira Price Technical Analysis Forecast update Long time no speak about usdtry – it’s about time to take look on this pair, let’s test and review the Turkish lira momentum From my last post, I wrote couple scenarios The first option – breaking area of 3.82-3.86 will lead the usd try to cope with + 4.10Option Two: Amendment to the…