rfxsignals January 6, 2021 No Comments

The Pound reached stability. Overview for 06.01.2021

The Pound reached stability. Overview for 06.01.2021

06.01.2021

After a local decline, GBPUSD is reaching stability and trying to keep its positive momentum.

The British Pound has recovered against the USD on Wednesday after a volatile start of the year. The current quote for the instrument is 1.3635.

Another lockdown in the United Kingdom amid the growing number of COVID-19 cases and new strains of the virus made investors worry early in 2021. Closed cafes, restaurants, shops, and other tertiary industry facilities may have a negative influence on the country’s economy in the future and it does not necessarily mean that the current stimulus measures will be enough to avoid serious slumps.

On the other hand, this negative influence of the lockdown is somehow compensated by the Brexit procedure, which has been finally completed. A transition period given to the parties for discussing key matters lasted a year but eventually, everything came down to just a couple of days. We’ll see later how successful the 1,200-page agreement between the United Kingdom and the European Union will be. One way or another, London exited the alliance and it will take pretty much time to make a lot of arrangements with neighboring countries.

The statistics published earlier showed that the Mortgage Approvals in November was 105K after being 98K in October and against the expected reading of 82K. The actual reading is positive: at the end of 2020, the mortgage market revived a little bit, thus indicating consumers’ stable attitude towards spending money. However, the indicator may quickly change its direction if the country’s population decided to start saving money and wait for a better economic outlook.

rfxsignals January 5, 2021 No Comments

Daily Free Forex Signals For 05/01/2021

Here your going to see Daily Free Forex Signals For 05/01/2021 to free forex signal alert from our kitkat trading system and other trading logic’s .we provide like this free forex signals from 2012 on wards with more than 50,000 traders around the world .The free forex signals have 70 to 85% quality always .we give for you a note as maximum focus take profit 1 as your target and must use stop loss values .if you have any other query’s please visit our live chat or email option

EURUSD BUY-1.225701
SL-1.222169
TP1-1.227286
TP2-1.228982

 

AUDCHF BUY-0.676261
SL-0.67254
TP1-0.677744
TP2-0.679291

 

 

GBPJPY BUY-140.032032
SL-139.611164
TP1-140.193215
TP2-140.376785

 

 

USDJPY SELL-103.041716
SL-103.405148
TP1-102.873136
TP2-102.715503

 

GBPCHF BUY-1.196359
SL-1.193882
TP1-1.197912
TP2-1.199382

 

AUDUSD BUY-0.771258
SL-0.767142
TP1-0.772805
TP2-0.774411

USDCAD SELL-1.273631
SL-1.277156
TP1-1.272079
TP2-1.270472

NZDCAD SELL-0.918253
SL-0.921338
TP1-0.916704
TP2-0.915141

USDCHF SELL-0.879934
SL-0.882988
TP1-0.878352
TP2-0.876836

rfxsignals January 5, 2021 No Comments

Forex Technical Analysis & Forecast 05.01.2021

Forex Technical Analysis & Forecast 05.01.2021

05.01.2021

EURUSD, “Euro vs US Dollar”

After finishing the ascending wave at 1.2309 along with the correction towards 1.2240, EURUSD is expected to reach 1.2326 and then fall towards 1.2240, thus forming a new consolidation range between the two latter levels. If later the price breaks this range to the upside, the market may form one more ascending structure towards 1.2370; if to the downside – continue the correction with the target at 1.2210.

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”

After reaching the short-term upside target at 1.3791 and then completing the correction towards 1.3547, GBPUSD is consolidating near the lows. Possibly, the pair may grow to reach 1.3636 and then move downwards with the target at 1.3580. If later the price breaks this range to the upside, the market may form one more ascending structure with the target at 1.3722; if to the downside – continue the correction to reach 1.3455.

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

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has completed another descending wave at 73.05 along with the correction to test 73.71 from below. Today, the pair may form a new descending structure with the target at 72.50.

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

USDJPY, “US Dollar vs Japanese Yen”

After completing the descending wave at 102.70 along with the correction towards 103.23, USDJPY is falling to reach 102.60. After that, the instrument may correct to return to 103.30 and then resume trading downwards with the key target at 102.50.

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

USDCHF, “US Dollar vs Swiss Franc”

USDCHF continues trading downwards to reach 0.8777. Later, the market may correct towards 0.8813 and then resume trading downwards with the target at 0.8750.

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

AUDUSD, “Australian Dollar vs US Dollar”

After finishing the descending wave at 0.7644 and then completing the correction towards 0.7704, AUDUSD is expected to form another correctional structure to reach 0.7637. After that, the instrument may start a new growth with the target at 0.7781.

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

BRENT

After completing the descending impulse at 51.02, Brent is consolidating around this level. If later the price breaks this range to the upside, the market may form one more ascending structure with the target at 52.15 and then fall to reach 51.40. If this range is also broken to the upside, the instrument may resume growing towards 53.50; if to the downside – continue the correction to reach 49.50.

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

XAUUSD, “Gold vs US Dollar”

Gold is consolidating above 1931.33. Possibly, the metal may expand the range up to 1948.70 and then form a new descending structure with the target at 1908.55.

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

BTCUSD, “Bitcoin vs US Dollar”

After completing the correctional wave at 28000.00, BTCUSD is forming another ascending structure to reach 33300.00 and may later fall towards 30600, thus forming a new consolidation range between the two latter levels. If later the price breaks this range to the upside, the market may form one more ascending structure to expand the range up to 35555.00; if to the downside – continue the correction to with the target at 26000.00.

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

S&P 500

After finishing the ascending wave at 3766.2 along with the correction towards 3671.2, the S&P index is growing towards 3723.8, thus forming a new consolidation range between the two latter levels. If later the price breaks this range to the upside, the market may start another growth to reach 3800.6; if to the downside – continue the correction to with the short-term target at 3615.4.

S&P 500
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

rfxsignals January 5, 2021 No Comments

Ichimoku Cloud Analysis 05.01.2021 (XAUUSD, EURUSD, USDJPY)

Ichimoku Cloud Analysis 05.01.2021 (XAUUSD, EURUSD, USDJPY)

05.01.2021

XAUUSD, “Gold vs US Dollar”

XAUUSD is trading at 1938.00; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1915.00 and then resume moving upwards to reach 2005.00. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1855.00. In this case, the pair may continue falling towards 1815.00. To confirm further growth, the asset must break the rising channel’s upside border and fix above 1955.00.

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

EURUSD, “Euro vs US Dollar”

EURUSD is trading at 1.2271; 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 1.2230 and then resume moving upwards to reach 1.2415. Another signal in favor of further uptrend will be a rebound from the rising channel’s downside border. However, the bullish scenario may be canceled if the price breaks the cloud’s downside border and fixes below 1.2185. In this case, the pair may continue falling towards 1.2105.

EURUSD
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 trading at 102.94; 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 103.35 and then resume moving downwards to reach 102.05. Another signal in favor of further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may no longer be valid if the price breaks the cloud’s upside border and fixes above 103.85. In this case, the pair may continue growing towards 104.75.

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

rfxsignals January 5, 2021 No Comments

Fibonacci Retracements Analysis 05.01.2021 (EURUSD, USDJPY)

Fibonacci Retracements Analysis 05.01.2021 (EURUSD, USDJPY)

05.01.2021

EURUSD, “Euro vs US Dollar”

As we can see in the H4 chart, EURUSD is testing the high at 1.2310 and trying to break the post-correctional extension area between 138.2% and 161.8% fibo at 1.2167 and 1.2262 respectively. If the price breaks the high, the pair may continue growing to reach the long-term fractal high at 1.2555. At the same time, despite a stable trend to the upside, there is a divergence on MACD, which may indicate a possible descending correction soon with the targets at 23.6%, 38.2%, and 50.0% fibo at 1.2143, 1.2040, and 1.1956 respectively.

EURUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows that after a short-term pullback, the asset is trying to fix above its previous high. The next possible targets are inside the post-correctional extension area between 138.2% and 161.8% fibo at 1.2327 and 1.2362 respectively. On the other hand, if EURUSD breaks the local low at 1.2130 again, the asset may continue the mid-term correction to the downside.

EURUSD_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, the pair is still moving downwards after finishing the correction. Possibly, the asset may break the low at 102.70 and then continue falling to reach the fractal low at 101.18. However, considering a convergence on MACD, USDJPY may yet correct upwards to reach 23.6%, 38.2%, and 50.0% fibo at 104.82, 106.14, and 107.21 respectively.

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

In the H1 chart, the pair has broken an important support area; right now, it is falling towards the post-correctional extension area between 138.2% and 161.8% fibo at 102.21 and 101.62 respectively.

USDJPY_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

rfxsignals January 5, 2021 No Comments

The Euro continues growing. Overview for 05.01.2021

The Euro continues growing. Overview for 05.01.2021

05.01.2021

Early in the new year, EURUSD is looking up and intending to continue its positive momentum.

The major currency pair is in the “black” on Tuesday. The current quote for the instrument is 1.2260.

Market players remain positive. The statistics look okay but investors are excited due to their expectations of successful vaccination against the coronavirus.

The numbers published earlier showed that the Manufacturing PMI in the Euro Area was 55.2 points in December against the flash estimate of 55.5 points. The same indicator for Germany was 58.3 points after being 58.6 points.

Indicators remain above 50 points, that’s why such small declines are not disturbing.

News is very different. The ECB policymakers said yesterday that they might expand the stimulus program. The United Kingdom closed its border for another quarantine and the Pound plummeted against both the USD and the Euro because concerns about a new coronavirus strain are bigger than the “happiness” of the Brexit deal.

Today, one should pay attention to the ISM Manufacturing PMI in December, which is expected to plunge.

rfxsignals January 4, 2021 No Comments

Daily Free Forex Signals For 04/01/2021

Here your going to see Daily Free Forex Signals For 04/01/2021 to free forex signal alert from our kitkat trading system and other trading logic’s .we provide like this free forex signals from 2012 on wards with more than 50,000 traders around the world .The free forex signals have 70 to 85% quality always .we give for you a note as maximum focus take profit 1 as your target and must use stop loss values .if you have any other query’s please visit our live chat or email option

USDJPY SELL-103.034646
SL-103.370669
TP1-102.878222
TP2-102.72566

CHFJPY SELL-116.570153
SL-117.05738
TP1-116.413671
TP2-116.257189

 

NZDCHF SELL-0.636071
SL-0.639375
TP1-0.634551
TP2-0.63295

 

NZDCAD SELL-0.916008
SL-0.921717
TP1-0.914401
TP2-0.912658

rfxsignals January 4, 2021 No Comments

Fibonacci Retracements Analysis 04.01.2021 (GOLD, USDCHF)

Fibonacci Retracements Analysis 04.01.2021 (GOLD, USDCHF)

04.01.2021

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, after a correctional movement in the form of a Triangle pattern and several tests of the high, XAUUSD has formed a quick rising impulse to break it. As a result, the mid-term uptrend has reached 50.0% fibo and may later continue towards 61.8% and 76.0% fibo at 1956.50 and 2000.00 respectively. However, one shouldn’t disregard a divergence on MACD, which may hint at further mid-term decline towards the key support – the low at 1764.36.

GOLD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows that the pair has reached 76.0% fibo. Considering a divergence on MACD, the asset may fall towards 23.6%, 38.2%, and 50.0% fibo at 1887.40, 1863.70, and 1845.00 respectively. However, a breakout of the local high at 1925.23 will result in further trend to the upside.

GOLD_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCHF, “US Dollar vs Swiss Franc”

As we can see in the H4 chart, after updating the low and attempting to leave the post-correctional extension area between 138.2% and 161.8% fibo at 0.8886 and 0.8816 respectively, USDCHF has skyrocketed and this movement to the upside may be considered as the start of a new mid-term correction. The correctional target remains at the resistance at 0.8999.

USDCHF_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H1 chart shows a more detailed structure of the correction after a convergence on MACD. The asset is approaching 23.6% fibo at 0.8864 and, after breaking it, may continue moving towards 38.2%, 50.0%, and 61.8% fibo at 0.8908, 0.8943, and 0.8979 respectively. A breakout of the support at 0.8793 will complete this correction.

USDCHF_H1

rfxsignals January 4, 2021 No Comments

Murrey Math Lines 04.01.2021 (EURUSD, GBPUSD)

Murrey Math Lines 04.01.2021 (EURUSD, GBPUSD)

04.01.2021

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is moving inside the “overbought area”. In this case, the price is expected to break 8/8 and then continue falling towards the support at 6/8. However, this scenario may no longer be valid if the price breaks +1/8 to the upside. After that, the instrument may continue trading upwards to reach the resistance at +2/8.

EURUSD_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, may continue its decline.

EURUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, GBPUSD is moving above the 200-day Moving Average, thus confirming an ascending tendency. However, the asset has already reached the “overbought area, that’s why in this case the price is expected to rebound from 8/8 and then resume moving downwards 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 reverse and grow to reach the resistance at +2/8.

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

In the M15 chart, the price may break the downside line of the VoltyChannel indicator and, as a result, continue falling.

GBPUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

rfxsignals January 4, 2021 No Comments

Forex Technical Analysis & Forecast 04.01.2021

Forex Technical Analysis & Forecast 04.01.2021

04.01.2021

EURUSD, “Euro vs US Dollar”

After finishing the ascending wave at 1.2300 along with the correction towards 1.2220, EURUSD is expected to reach 1.2270 and then fall towards 1.2240, thus forming a new consolidation range between the two latter levels. If later the price breaks this range to the upside, the market may form one more ascending structure towards 1.2326; if to the downside – continue the correction with the target at 1.2218.

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 is growing towards 1.3722. After that, the instrument may correct to reach 1.3571 and then move upwards with the target at 1.3643, thus forming a new consolidation range between these two levels. If later the price breaks this range to the downside, the market may form a new descending structure with the first target at 1.3455.

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

USDRUB, “US Dollar vs Russian Ruble”

USDRUB has completed the correction at 74.74. After the market opening, the pair may fall to break 73.73 and then continue trading downwards with the short-term target at 72.60. In fact, the market is expected to continue forming the descending wave to reach 71.71.

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

USDJPY, “US Dollar vs Japanese Yen”

After completing the descending wave at 102.95 along with the correction towards 103.30, USDJPY is falling to reach 102.70. After that, the instrument may correct to return to 103.30 and then resume trading downwards with the key target at 102.50.

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

USDCHF, “US Dollar vs Swiss Franc”

After finishing the descending wave at 0.8800 along with the correction towards 0.8850, USDCHF is expected to form a new consolidation range below the latter level. If later the price breaks this range to the downside, the market may resume trading downwards with the target at 0.8750.

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

AUDUSD, “Australian Dollar vs US Dollar”

After finishing the ascending wave at 0.7744 and then completing the correction towards 0.7681, AUDUSD has returned to 0.7717 and may form a new consolidation range between the two latter levels. If later the price breaks this range to the upside, the market may resume growing towards 0.7781; if to the downside – start a new decline with the target at 0.7628.

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

BRENT

Brent is moving upwards to reach 52.30. After that, the instrument may correct towards 51.55 and then resume trading upwards with the short-term target at 53.50.

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

XAUUSD, “Gold vs US Dollar”

Gold is growing to reach 1931.14. Later, the market may start another correction towards 1907.97 and then form one more ascending structure with the target at 1948.70.

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

BTCUSD, “Bitcoin vs US Dollar”

After completing the ascending wave at 33000.00 along with the correction towards 30600.00, BTCUSD is forming another ascending structure to reach 35555.00. After that, the instrument may resume trading downwards with the target at 30000.00.

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

S&P 500

The S&P index is growing towards 3766.1. Later, the market may correct to reach 3725.5 and then complete this ascending wave by trading upwards with the key target at 3800.6. After that, the instrument may form a new descending structure towards 3600.0.

S&P500
Risk Warning: the result of previous trading operations do not guarantee the same results in the future