Research Desk

USDTRY

22

Sep2017
USDTRY – reversal pattern is forming on daily chart The pair stays in red on Friday following double upside rejection at 3.5183 (Fibo 76.4% of 3.5585/3.3883 downleg / near falling 100SMA) on Wed /Thu and yesterday’s Doji with long upper shadow, signaling formation of reversal pattern. Fresh weakness of the greenback on ... Read More
September 22, 2017Research Desk
oil

22

Sep2017
WTI OIL – extended consolidation seen while $50.00 support holds WTI oil price moves lower on Friday after Thursday’s action ended in long-tailed Doji, signaling hesitation ahead of $51.00 barrier which was dented on Wednesday. Today’s easing was so far mild and suggesting the price may hold in extended consolidation while initial ... Read More
September 22, 2017Research Desk
AUDUSD

22

Sep2017
AUDUSD – broken bull-trendline is expected to cap recovery The Aussie is in recovery mode after hitting fresh low of the month at 0.7907 in early hours of Friday’s trading, in extension of Thursday’s strong fall (the biggest one-day loss since 03 May). Fresh weakness of the greenback on renewed tensions over ... Read More
September 22, 2017Research Desk
USDJPY

22

Sep2017
USDJPY – thick daily cloud offers strong support and contains dips for now The pair trades in red on Friday, following Thursday’s rejection on first attempt at 112.80 target (Fibo 76.4% of 114.49/107.31 fall) and fresh pressure on the greenback after North Korea’s threats of another nuclear probe. Dips were so far ... Read More
September 22, 2017Research Desk
GBPUSD

22

Sep2017
GBPUSD – bullish n/t bias ahead of PM May’s speech Cable is consolidating under 1.3600 where Thursday’s recovery rally faced strong headwinds. Bounce from the floor of four-day congestion at 1.3460 zone sidelined immediate downside risk, but renewed bearish pressure could be anticipated if 1.3600 zone resists attacks. Bearish signals from overbought ... Read More
September 22, 2017Research Desk
EURUSD

22

Sep2017
EURUSD – extension of recovery rally turns n/t focus higher The Euro extends rebound from post-Fed low at 1.1861, with fresh acceleration higher on Friday being triggered by renewed geopolitical tensions over North Korea that put the greenback under pressure and sidelined positive impact from Fed. Bullish signal was generated on Euro’s ... Read More
September 22, 2017Research Desk
gold

21

Sep2017

Technical Outlook GOLD 21.09.2017

0    
SPOT GOLD – post-wed weakness could extend to $1284 Spot Gold hit new low at $1293 on Thursday, in extension of Wednesday’s fall after Fed signaled possible additional rate hike this year. The yellow metal is currently riding on the third wave (from $1334) of five-wave sequence from $1357, which hit its ... Read More
September 21, 2017Research Desk
oil

21

Sep2017
WTI OIL – overall structure remains bullish and favors further upside after correction WTI oil price eases on Thursday, pressured by stronger dollar and another build in crude oil inventories, which rose by 4.5 million barrels last week, beating forecast for build of 3.49 million barrels. Bulls are taking a breather after ... Read More
September 21, 2017Research Desk
AUDUSD

21

Sep2017
AUDUSD deeply in red after Fed / RBA Gov Lowe’s speech The Aussie is firmly in red in early Thursday’s trading and accelerated stronger down after speech of RBA’s governor Lowe, who said that the central bank has considerable independence and does not need to follow global trend, when most of ... Read More
September 21, 2017Research Desk
USDJPY

21

Sep2017
USDJPY – extended post-Fed bullish acceleration approaches targets at 112.80/113.00 The pair continues to trend higher after hawkish Fed boosted dollar on Wednesday and Bank of Japan, as expected, kept policy steady at the end of two-day meeting, keeping the overall bullish trajectory in play. Fresh extension approaches next targets at ... Read More
September 21, 2017Research Desk
German Federal Election 2017 Special Coverage
Take me there!

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close