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EURUSD,GBPUSD,USDJPY,USDCHF Daily outlook
in
New Traders
Jul 14, 2016 at 11:42
EURUSD Forecast The EURUSD had another indecisive movement yesterday. The bias is neutral in nearest term probably with a little bullish bias. It’s been a boring three weeks since the Brexit. The market is consolidating and moving sideways but as long as stay below 1.1200 I still prefer a bearish scenario targeting 1.0700. On the downside, we need a clear break below 1.1000 to continue the bearish scenario. GBPUSD ForecastThe GBPUSD failed to continue its bullish momentum yesterday bottomed at 1.3133 and hit 1.3104 earlier today in Asian session. The bias is neutral in nearest term pr...
USDCAD
in
Experienced Traders
Jul 12, 2016 at 07:10
USDCAD The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below it
Dow Jones
in
Experienced Traders
Jul 12, 2016 at 07:05
US indexes kept rallying this Monday, with the DJIA adding 80 points, to end the day at 18,226.93, not far from its all-time record close, and the S&P advancing 0.34% or 7 points to close at 2,137.16, a new record high. The Nasdaq Composite surged 0.64% or 31 points, to 4,988.64. The dominant positive mood among investors, based on hopes of fresh stimulus coming in Europe and Asia, added to the latest strong US economic data, and speculation that the Federal Reserve will remain on-hold for longer. Technical readings in the Dow's daily chart point for a continued advance as the Mome...
Trading Journal
in
New Traders
Jul 12, 2016 at 07:05
good
EURUSD,GBPUSD,USDJPY,USDCHF Daily outlook
in
New Traders
Jul 12, 2016 at 07:05
EURUSD The EURUSD was indecisive yesterday. Price traded higher earlier today in Asian session hit 1.1090. The bias is bullish in nearest term but as long as stay below 1.1200 I still prefer a bearish scenario at this phase. Immediate support is seen around 1.1050. A clear break below that area could lead price to neutral zone in nearest term testing 1.1000 support area which need to be clearly broken to the downside to keep the bearish scenario remain strong targeting 1.0700. On the upside, a clear break and daily close above 1.1200 would activate my wait and see mode as direction would becom...
gold advise
in
Experienced Traders
Jul 12, 2016 at 07:05
Buy gold on every down gold will reach to 1400
Daily pair outlook
in
General
Jul 12, 2016 at 07:04
The EURUSD was indecisive yesterday. Price traded higher earlier today in Asian session hit 1.1090. The bias is bullish in nearest term but as long as stay below 1.1200 I still prefer a bearish scenario at this phase. Immediate support is seen around 1.1050. A clear break below that area could lead price to neutral zone in nearest term testing 1.1000 support area which need to be clearly broken to the downside to keep the bearish scenario remain strong targeting 1.0700. On the upside, a clear break and daily close above 1.1200 would activate my wait and see mode as direction would become uncle...
USDCHF
in
Experienced Traders
Jul 12, 2016 at 07:04
The USDCHF was indecisive yesterday. The bias is neutral in nearest term but as long as stay above 0.9800 my overall intraday bias remains bullish targeting 1.0000 region. On the downside, a clear break and daily close back below 0.9800 could trigger further bearish pressure testing 0.9760 – 0.9700 region. My major technical outlook is neutral.
GBP/USD daily outlook
in
Experienced Traders
Jul 12, 2016 at 07:04
The GBPUSD was indecisive yesterday, but traded higher earlier today in Asian session hit 1.3091. This fact gives the hammer formation bullish scenario a better chance. The bias is bullish in nearest term testing 1.3220 region. Immediate support is seen around 1.3000. A clear break back below that area could lead price to neutral zone in nearest term testing 1.2950 – 1.2900 region. Overall I remain bearish but as long as stay above 1.2900 – 1.2950 price is still in a bullish correction bias.
USD/JPY
in
Experienced Traders
Jul 12, 2016 at 07:04
The USDJPY had a strong bullish momentum yesterday topped at 102.89 and hit 103.28 earlier today in Asian session. The bias is bullish in nearest term testing 103.55 which is a good place to sell with a tight stop loss. Immediate support is seen around 102.45. A clear break below that area could lead price to neutral zone in nearest term testing 102.00 – 101.50 region. Overall I still prefer a bearish scenario but as long as stay above 101.50 price is clearly in a bullish correction bias right now. On the upside, a clear break and daily close above 103.55 would expose 105.00 region.
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