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…
pound sterling analysis after Brexit Brexit – countdown to the UK’s historic EU breakaway will begin on Wednesday March 29, 2017, Theresa May informed the European council that she will trigger article 50 on Wednesday 29 March. Reasons Brexıt was listed on the board of GBPUSD It is impossible for Britain to leave the EU until Article 50 is triggered…
Did Markets crash begin? As I said and argued last year, look at the years 1998-1999 we are very similar! Markets crash If the situation is such, and if not technically then the situation is this:We currently have a break of 20800 and a technical correction exit Looking at the index, the picture now shows that as long…
EUR/USD Price Technical Analysis Forecast EUR/USD approaches 1.085 area, Breakdown 1.050 will target 1.0460 key support zone, and break of 1.0461 will confirm the bearish case will continue EUR/USD Technical Analysis EUR/USD also produces a bowl patternWhen the resistance level is located in the 1.082 area, a break of this level will send it to deal with my 1.10 +…
What happened to the stock exchange, when inflation raised above 3%? As you probably know those tracks, I basically used to analyze the technical point markets,But this time, I will also try to give emphasis, number of warning signs that appear in markets from the economic side, and not only technicalI wrote a post earlier this year and last year…
Dow Jones Industrial technical analysis update many post were written here about new high on the markets DJ30 technical analysis : well the prediction almost reaches the top target: “From the technical side we can see few interesting points, step up could be at 20,300 points +_ or even further to 21,700 points +_” Dow Jones Industrial technical analysis I…
New Zealand Dollar Technical Analysis Forecast New Zealand dollar extended its decline to a seven-week low, as growing speculation the Federal Reserve will hike interest rates this month Reserve Bank Governor Graeme Wheeler said: “New Zealand would not fare well in such circumstances. Even if our exports of goods and services to the US – currently over $8 billion – were…
AUD/USD Price Forecast Technical Analysis The Australian dollar is going to be in focus next week. Retail sales will be released on Monday while the Reserve Bank of Australia will be making a decision on interest rates a day later on Tuesday, the expectation for rate decisions is UN change, and also we have US jobs report on Friday. If…