EUR/USD H1

  EUR/USD – current rate –    1.0645 Trend – Down S1 – 1.0631    R1 – 1.0724 Advertisements

NZD/USD | XAU/USD

Positive corelation between ; NZD/USD and XAU/USD. As we seen the derivates sliding down as well and today, the Kiwi dollar is drawing down legs like a partner with the gold. Bias: Bearish Possible short. Prev Close: 0.6563 Open: 0.6560 Bid: 0.6509 Ask: 0.6510 Day’s Range: 0.6493 – 0.6561 52wk Range: 0.6164 – 0.7946   … More NZD/USD | XAU/USD

EUR/AUD; TECHNICAL 4H

  Before then, we have an abnormal week ahead of us, with the US Thanksgiving Day holiday on Thursday, shuttering US bond and equities markets and leaving markets lacking liquidity all the while. In recent years, as is typical, the low liquidity conditions have led to sporadic price movements. These choppy conditions can prove to … More EUR/AUD; TECHNICAL 4H

GBP/JPY Technical Analysis: From One Trend to Another

  On the 4-hour chart below, we can see near-term support off of the 186-region. Traders can look to place stops below the 38.2% Fibonacci retracement of this most recent move around 185.50, with top-side targets at 186.38 (the 61.8% retracement of that same move), 186.87 (the 76.4% retracement), and then 187.50 (major psychological level, … More GBP/JPY Technical Analysis: From One Trend to Another

EUR/GBP Technical Analysis

    The Euro put in a bullish Morning Star candlestick pattern, hinting prices may be preparing to launch an upward correction against the British Pound. Positive RSI divergence hints at ebbing bearish momentum and reinforces the case for an upside scenario. A daily close above the 14.6% Fibonacci retracement at 0.7057 initially opens the … More EUR/GBP Technical Analysis

S&P 500 Technical Outlook: The Bull Flag is Setting the Stage

  S&P 500 Technical Strategy: Flat, bull-flag opens door for long-continuation setups Should downward trend continue through support, this bias can turn bearish very quickly. As markets continue to price-in a December rate hike from the Fed, watch for weaknesses in risk-trends, such as the SPX500. Alternatively, the up-side here is the most attractive given … More S&P 500 Technical Outlook: The Bull Flag is Setting the Stage

Japanese Yen Gains, Nikkei Falls as BOJ Leaves Policy Unchanged

    The Japanese Yen rose against the US Dollar while the Nikkei 225 benchmark stock index declined after the Bank of Japan maintained the target annual increase in the monetary base unchanged at ¥80 trillion, as expected. The central bank said it will continue QQE until stable 2 percent inflation is maintained. Interestingly, the … More Japanese Yen Gains, Nikkei Falls as BOJ Leaves Policy Unchanged

European stocks jump as Fed signals readiness for a rate hike

      European stocks pushed higher Thursday, after the U.S. Federal Reserve indicated the world’s largest economy looks healthy enough to withstand a modest rise in borrowing rates. Tracking a global rise in equities, the Stoxx Europe 600 SXXP, +0.99%  climbed 1.1% to 383.60, with all sectors moving higher. Stocks were coming back from … More European stocks jump as Fed signals readiness for a rate hike