DAILY FREE FOREX SIGNALS – 31-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

DAILY FREE FOREX SIGNALS – 31-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

 

USDCHF SELL-0.96836
SL-0.97813
TP1-0.96493
TP2-0.96094

GBPUSD BUY -1.31298
SL-1.30434
TP1-1.31581
TP2-1.31897

USDCAD BUY -1.32329
SL-1.31896
TP1-1.32567
TP2-1.32723

CADJPY SELL-82.275
SL-82.707
TP1-82.027
TP2-81.744

EURCAD BUY -1.46163
SL-1.45477
TP1-1.46502
TP2-1.46827

EURAUD BUY -1.64937
SL-1.64071
TP1-1.65236
TP2-1.65661

AUDJPY SELL-72.924
SL-73.329
TP1-72.681
TP2-72.463

GBPJPY BUY -143.073
SL-142.227
TP1-143.555
TP2-144.081

Ichimoku Cloud Analysis 29.01.2020 (AUDUSD, NZDUSD, USDCAD)

Ichimoku Cloud Analysis 29.01.2020 (AUDUSD, NZDUSD, USDCAD)

29.01.2020

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6763; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6800 and then resume moving downwards to reach 0.6655. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6835. In this case, the pair may continue growing towards 0.6925.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand Dollar vs US Dollar”

NZDUSD is trading at 0.6532; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6555 and then resume moving downwards to reach 0.6385. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6615. In this case, the pair may continue growing towards 0.6705.

NZDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.3161; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3115 and then resume moving upwards to reach 1.3335. Another signal to confirm further ascending movement is the price’s rebounding from the support level. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1.3065. In this case, the pair may continue falling towards 1.2995. After breaking the descending channel’s upside border and fixing above 1.3255, the price may continue moving upwards.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Murrey Math Lines 29.01.2020 (USDJPY, USDCAD)

Murrey Math Lines 29.01.2020 (USDJPY, USDCAD)

29.01.2020

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY is consolidating. In this case, the price is expected to break 4/8 and then continue growing to reach the resistance at 5/8. However, this scenario may no longer be valid if the price breaks 3/8 to the downside. After that, the instrument may start a new decline towards the support at 1/8.

USDJPY_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.

USDJPY_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

In the H4 chart, USDCAD has rebounded from the strong resistance at 8/8. In this case, the pair may resume falling to reach the support at 6/8. However, this scenario may no longer be valid if the price breaks 8/8 to the upside. After that, the instrument may continue growing towards the resistance at +1/8.

USDCAD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 6/8 from the H4 chart.

USDCAD_M15

Japanese Candlesticks Analysis 29.01.2020 (GOLD, NZDUSD)

Japanese Candlesticks Analysis 29.01.2020 (GOLD, NZDUSD)

29.01.2020

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, the sideways movement within the ascending tendency continues. By now, XAUUSD has completed several reversal patterns, such as Shooting Star, close to the rising channel’s upside border. At the moment, the pair is reversing. Later, the market may form a slight correction and then continue moving to reach 1545.00. However, one shouldn’t ignore another scenario, according to which the instrument may continue the ascending tendency towards 1545.00 without any corrections.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand vs. US Dollar”

As we can see in the H4 chart, the pair is moving near the support level, where it has formed several reversal patterns, including Hammer. At the moment, NZDUSD is expected to reverse; the closest upside target may be at 0.6575. At the same time, one shouldn’t exclude an opposite scenario, according to which the instrument may fall to reach 0.6508.

NZDUSD

Forex Technical Analysis & Forecast 29.01.2020 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

Forex Technical Analysis & Forecast 29.01.2020 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

29.01.2020

EURUSD, “Euro vs US Dollar”

EURUSD has completed the ascending impulse; right now, it is correcting. Possibly, the pair may fall to reach 1.1012 or even 1.1004. Later, the market may resume trading upwards to break 1.1026 and then continue growing with the short-term target at 1.1053.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

GBPUSD has finished another descending structure towards 1.2975; right now, it is correcting. Today, the pair may reach 1.3040 and then resume falling with the target at 1.2957.

GBPUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

USDCHF has completed the ascending wave towards 0.9735; right now, it is consolidating above 0.9715. If later the price breaks this range to the upside, the market may form one more ascending structure to reach 0.9753; if to the downside – start a new correction with the target at 0.9695.

USDCHF
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs Japanese Yen”

USDJPY is growing to break 109.16. Possibly, today the pair may continue this correction towards 109.57 and then form a new descending structure to return to 109.16. After that, the instrument may grow to reach 109.60 and then resume trading inside the downtrend with the short-term target at 108.22.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is correcting upwards to reach 0.6844. Today, the pair may form the first structure of this correction with the target at 0.6790.

AUDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDRUB, “US Dollar vs Russian Ruble”

USDRUB is forming the first descending wave with the target at 62.08. According to the main scenario, the price is expected to reach it and then start a new correction towards 62.60.

USDRUB
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is forming the first descending wave with the target at 1.3148. Possibly, the pair may reach this level and then start another correction towards 1.3178.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

After reaching 1565.55 and then forming another consolidation range around 1568.87, Gold has broken it to the downside. Possibly, the pair may continue falling with the target at 1560.43. However, if the price breaks the range to the upside, the market may start a new correction to reach 1576.9 and then resume trading downwards with the above-mentioned target.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BRENT

After finishing the ascending impulse towards 59.76, Brent is trying to break its top. Possibly, the pair may continue growing to reach 60.80. An alternative scenario implies that the price may break 59.60 and start a new correction towards 58.88. After that, the instrument may form one more ascending structure with the target at 61.25.

BRENT
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

BTCUSD, “Bitcoin vs US Dollar”

After forming the consolidation range below 9153.00, BTCUSD has broken it to the upside. The main scenario implies that the pair may reach 9350.00 and then resume falling to test 9153.00 from above. After that, the instrument may start a new growth with the target at 9500.00.

BITCOIN
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The Pound is still being controlled by bears. Overview for 29.01.2020

The Pound is still being controlled by bears. Overview for 29.01.2020

29.01.2020

GBPUSD continues falling deeper and deeper on Wednesday afternoon.

The British Pound remains weak against the USD. The current quote for the instrument is 1.3011.

The statistics from the United Kingdom published yesterday showed that the CBI Realized Sales remained at 0 points in January against the expected reading of 5 points. The reading didn’t make investors happy: everything that is below zero indicates decline, but zero is a pretty negative thing as well because it means that the sector has problems.

“Guardian” has reported recently that early in the spring the United Kingdom and the European Union might start talks on further cooperation after the Brexit. According to the media, the date is March 3rd.

It’s very important for both parties to start discussing the trade agreement and other issues, such as a single European market and the customs union without wasting time. The existing regulations are effective throughout this year. Earlier, it was reported that these talks may last as long as until the end of 2022. One of the EU representatives said that there were risks of breach between two parties. If it does happen, it will be a major problem for both parties. However, it’s rather unclear who will suffer more, London or Brussels.

Fibonacci Retracements Analysis 29.01.2020 (GBPUSD, EURJPY)

Fibonacci Retracements Analysis 29.01.2020 (GBPUSD, EURJPY)

29.01.2020

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, GBPUSD is still correcting and forming Triangle pattern. After attempting to break the resistance, the pair is returning to 38.2% fibo at 1.2883. The downside target is the low at 1.2904. If the price breaks this level, the instrument may continue falling towards 50.0% and 61.8% fibo at 1.2856 and 1.2700 respectively.

GBPUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows a new descending wave after the divergence on MACD. The price is moving towards mid-term 50.0% fibo (1.2855), which is inside the post-correctional extension area between 138.2 and 161.8% fibo at 1.2882 and 1.2832 respectively.

GBPUSD_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

EURJPY, “Euro vs. Japanese Yen”

As we can see in the H4 chart, the correctional downtrend has stopped at 38.2% fibo. After testing and breaking this level, the decline may continue towards 50.0% and 61.8% fibo at 119.36 and 118.55 respectively. The resistance is at 121.21.

EURJPY_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows a new pullback after the convergence on MACD. The targets are 23.6%, 38.2%, and 50.0% fibo at 120.53, 120.98, and 121.34 respectively. The support is the low at 119.80.

EURJPY_H1

rfxsignals January 28, 2020 No Comments

DAILY FREE FOREX SIGNALS – 28-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

EURAUD SELL-1.62878
SL-1.63449
TP1-1.62616
TP2-1.62261

EURCAD SELL-1.45144
SL-1.45540
TP1-1.44965
TP2-1.44797

GBPAUD SELL-1.92343
SL-1.93006
TP1-1.91967
TP2-1.91540

GBPCAD SELL-1.71413
SL-1.71927
TP1-1.71198
TP2-1.70968

GBPNZD SELL-1.98954
SL-1.99397
TP1-1.98692
TP2-1.98381

AUDCHF BUY -0.65753
SL-0.65373
TP1-0.65995
TP2-0.66316

rfxsignals January 27, 2020 No Comments

DAILY FREE FOREX SIGNALS – 27-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

DAILY FREE FOREX SIGNALS – 27-01-2020 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

USDCHF BUY -0.97186
SL-0.96765
TP1-0.97398
TP2-0.97607

USDJPY SELL-108.853
SL-109.355
TP1-108.574
TP2-108.240

CADJPY SELL-82.575
SL-83.007
TP1-82.388
TP2-82.212

NZDUSD SELL-0.65584
SL-0.66110
TP1-0.65386
TP2-0.65222

GBPCAD BUY -1.72547
SL-1.71681
TP1-1.72848
TP2-1.73135

The Pound is trying to rise. Overview for 22.01.2020

The Pound is trying to rise. Overview for 22.01.2020

22.01.2020

GBPUSD moved upwards a bit thanks to the statistics on the employment, but it might be not enough to continue the momentum.

On Wednesday, the British Pound may try to keep yesterday’s momentum against the USD, but bulls might not be strong enough. The current quote for the instrument is 1.3047.

It became known yesterday that the Unemployment Rate in the United Kingdom remained unchanged at 3.8% in November, just as expected. As one can see from the report, the employment level added 0.6% and was 76.3%, which is the highest reading over the long haul.

The Average Earnings Index showed +3.2% 3m/y, the same as the period before. It appears that the incomes of the British people continue expanding in real terms, which is quite good. However, even with all things considered, the previous numbers made it perfectly clear that the country’s economy was rather weak.

The Claimant Count Change showed 14.9K in December, the same as in the previous month. Market expectations were 33.4K.

Employers are really worrying that the Brexit uncertainty may continue throughout 2020, thus preventing both enterprises and the employment sector from developing.