GBP USD TECHNICAL ANALYSIS The Pound continues to keep prices above the 1.30 level but will it continue?Today we have the US interest rate announcement – an important figure in itself that will affect the entire Forex market and probably the pound,other than that the main driver of Sterling’s recovery is a more promising outlook for Brexit negotiations: even though…
Turkish lira analysis Turkish lira had become the world’s most unstable currency this year but is becoming more stable with volatility falling towards levels last seen prior to a political crisis with the United States in early August. Turkish lira traded at levels of the volatility of below 30 percent on Monday, down from around 80 percent just a few…
EUR USD Technical Analysis EUR/USD succeeded to take out 1.15 support, break up again on daily basis 1.1760-price level will confirm medium term rally resumption and target next key at 1.1860 and even 1.2080 However, sustained price below will extend the consolidation pattern from 1.2091 with another decline through 1.1350 support- break again last lows will confirm for more downtrend…
GOLD PRICE TECHNICAL ANALYSIS Gold has been stuck around the $1,200-an-ounce level for the last four weeks and since the next Federal Reserve monetary policy meeting is still one week away.According to analysts, an impending interest rate hike Sept. 26 will keep a lid on any significant gold rally in the near term. Markets are all but guaranteeing an interest-rate…
GBP USD TECHNICAL ANALYSIS GBP USD rallied against the dollar and reached higher level since August after EU negotiators were said to the Brexit agreement try to make it more palatable to the Britain side. from the other side, the pound has been buffeted by Brexit headlines in recent sessions, oscillating between gains and losses in volatile trading as investors…
Turkish lira technical analysis The Turkish lira since last month’s trading, which reached unprecedented levels, cannot recover – the story there is not yet over for me – reached an all-time high of 7.10 in August of 2018 the decline was being driven by the downgrade of Turkey’s currency by credit rating agencies S&P and Moody’s late Friday, this step…
EUR USD Technical Analysis With your permission this time, I will start with Eurodollar borders because I think this shuffle begins to confuse the traders in making deals and unnecessary tradingThe assumption is very simple at the moment: In the long run, I’m bearish on the pair and I think it will go down to check the open gap which…
Markets Technical analysis SP 500 drop down hard after settled new record last week, are we going to get a false breakout or its only a healthy correction for the last move? historically it has been a short-term bearish sign for the U.S. stock market in September over the years – S&P 500 tends to make a short-term pullback in September…
Facebook stock price technical analysis facebook stock continues falling – it was expected in29.7.2017 I wrote this: Is the decline in Facebook stock a buying opportunity or is it just the beginning? In addition to the last post: now we can see that we are very close to those points price level – need to watch if those level will hold so we might…
NASDAQ Technical analysis future prediction as told you last post: ” next post ill going to write a few words on the NASDAQ and Amazon stock to see and guess where we are heading ……stay tuned. we saw declines and rising but what is interesting is the strength and the ability of the market to attract moves of strong movements? let’s…