GBP/USD Heading For New Lows Or….. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support. As noted here before. 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…
Will EUR/JPY Prints New Lows …. “Once 122 area is T2 yearly support broke down, the story finish with eurjpy – broke down 131 area accelerated the move The trend became a negative bearish movementSupport area suggests for coming correction at 106 area” Now you can see the patterns : eur jpy going to make some big moves … From close look on the…
Crude oil Forecasting step by step “Crude oil can be seen that the Last support area holdsAre we are going to 26-28$…. and performed a move that will lead to areas 51-4$……” The move was realized one by one, Then I repeated several times that oil will be difficult to go through these levels Now I think, by the behavior…
Is USD/JPY Goes A New way And change Direction Or .. There is a lot of nervousness in the markets, and hıgh vol trade movementsAlso of interest will not raise interest ratesEverything is going to drain for a day 09/21/2016, when we get the answersIt starts in the morning in Japan, and will end with the declaration of the…
Is Markets Finished The Moves, And Go Ahead …. What, already over ??? impressive rebound in stocks, Friday’s selloff seems like ancient history already. However, seeing as though the tight range of the past few months was just as historic as Friday’s abrupt ending, it seems appropriate to focus on that . …
MARKETS FORECAST TECHNICAL ANALYSIS As I wrote my last post on SP500 index + Nasdaq 100 Index + Dow Jones going to Increase the chances of a rate hike in the US and the lack of new incentives to the economy of Europe, stretching between the EU and the UK due to Brexit, dropped last week Wall Street stock exchanges…
Is Stagnating Price Of The Canadian Dollar Facing on End what the past could tell us on usd cad future moves Canada is particularly vulnerable to monetary policy divergences with the Fed because its C/A deficit is predominantly financed by debt related flows, and these bonds are regarded as relatively close substitutes with USD fixed income instruments, The currency pair…
USD/JPY Technical Analysis Outlook NON-FARM PAYROLLS AND UNEMPLOYMENT DATA (USA) ,this event is a very Significant indicator on the usd/jpy, the results showed 151k growth in August, below the expectation of 188k. Prior month’s figure was revised up from 255k to 275k but couldn’t make up the shortfall. Unemployment rate was unchanged at 4.9% versus expectation of a fall to 4.8%The…
Is natural gas prıce facing ın front a strong move Natural gas is a flammable gas that is used forNatural gas is a major source of power generation gas turbines and steam turbinesMany used for domestic purposes, heating / cooling and heatingIs a major feedstock for the chemical industryCleaner and cheaper alternative to other transport fuels such as petrol and…