rfxsignals January 12, 2021 No Comments

The USD continues strengthening. Overview for 12.01.2021

The USD continues strengthening. Overview for 12.01.2021

12.01.2021

EURUSD continues retreating as the “greenback” is getting stronger.

The major currency pair is still trading downwards on Tuesday. The current quote for the instrument is 1.2140.

Global financial markets remain positive amid statements of President-elect Joseph Biden about his intentions to allocate trillions to fight the COVID-19 pandemic.  Biden is scheduled to take over office as early as January 20th. He gets along with the democrats that control both the House of Representatives and the Senate and is not planning to quarrel with them in this matter. Bulls like it.

Investors are usually nervous when it comes to stimulus measures because they may boost inflation and have a negative influence on the USD. However, right now the 10-year bond profitability is on the front burner and it helps the “greenback” to keep afloat.

The statistics published earlier showed that the Sentix Investor Confidence added 1.3% in January after losing 2.7% in December and against the expected reading of +2.0%. However, the actual number is pretty good despite being worse than expected.

There won’t be many interesting reports from the USA and Europe today, that’s why the market is expected to drift along.

rfxsignals January 12, 2021 No Comments

Forex Technical Analysis & Forecast 12.01.2021

Forex Technical Analysis & Forecast 12.01.2021

12.01.2021

EURUSD, “Euro vs US Dollar”

EURUSD is still trading downwards; it has already broken 1.2148 and may later continue falling to reach 1.2111. After that, the instrument may correct towards 1.2200 and then resume moving downwards with the target at 1.2050.

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 still falling towards 1.3440. Later, the market may start another growth to reach 1.3533 and then form a new descending structure with the short-term target at 1.3416.

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 expanded its consolidation range up to 74.90. Possibly, today the pair may form a new descending structure to break 74.15. After that, the instrument may continue falling with the short-term 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 breaking 104.00 to the upside, USDJPY is expected to form one more ascending structure towards 104.50. Later, the market may start a new correction with the target at 103.50.

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 is still growing towards 0.8935 and may later start a new decline with the target at 0.8846.

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 breaking 0.7712 to the downside, AUDUSD is still falling towards 0.7657. Later, the market may start another correction to return to 0.7712 and then resume trading downwards with the short-term target at 0.7626.

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

BRENT

Brent is still moving upwards to break 56.00. After that, the instrument may reach 56.87 and then start a new correction with the target at 53.60.

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 still consolidating around 1842.42. Today, the metal may expand this range up to 1866.83 and then start a new decline to return to 1842.42. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1815.10; if to the upside – resume trading upwards to reach 1901.55.

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

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD is consolidating around 33500.00. Possibly, today the asset may expand the range up to 36500.00 and then resume trading downwards with the short-term target at 30000.00.

BITCOIN
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 still consolidating above 3784.9. Possibly, the asset may break the range to the downside and resume falling with the short-term target at 3745.0. After that, the instrument may return to 3784.0 to test it from below and then continue trading downwards to reach 3738.3.

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

rfxsignals January 12, 2021 No Comments

Murrey Math Lines 12.01.2021 (AUDUSD, NZDUSD)

Murrey Math Lines 12.01.2021 (AUDUSD, NZDUSD)

12.01.2021

AUDUSD, “Australian Dollar vs US Dollar”

In the H4 chart, AUDUSD is moving above the 200-day Moving Average, thus indicating an ascending tendency. At the moment, the asset is forming a correction, which may fall to break the support at 6/8 and then reach 5/8. However, this scenario may be canceled if the price breaks 7/8 to the upside. After that, the instrument may reverse and continue growing towards the resistance at 8/8.

AUDUSD_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 trading downwards.

AUDUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand Dollar vs US Dollar”

As we can see in the H4 chart, NZDUSD is trading above the 200-day Moving Average, thus confirming an ascending tendency. In this case, the price is expected to rebound from 5/8 and then resume growing towards the resistance at 7/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may reverse and continue falling to reach the closest support at 3/8.

NZDUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the M15 chart, the price is quite far away from the upside line of the VoltyChannel indicator, that’s why it may resume growing only after rebounding from the 5/8 from the H4 chart.

NZDUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

rfxsignals January 12, 2021 No Comments

The Pound is slowly falling. Overview for 12.01.2021

The Pound is slowly falling. Overview for 12.01.2021

12.01.2021

GBPUSD is slowly falling being pressured by the USD and Brexit.

The British Pound is slightly retreating against the USD, thus building a new descending tendency. the current quote for the instrument is 1.3530.

On January 4th, the Pound “touched” the high at 1.3704, and then bears took charge.

Yes, the British currency is currently “suffering” from the USD strengthening. A positive effect of the Brexit deal made at the very end of 2020 by the United Kingdom and the European Union has been slowly fading away and may be replaced by concerns and carefulness. In addition to that, investors are worried about the possibility of implementation of negative interest rates by the Bank of England and that’s another risk that puts pressure on the Pound.

The fact that the United Kingdom may introduce more serious quarantine restrictions because of the coronavirus pandemic, means that the 1st quarter of 2021 may face a more significant slump than before. It’s a serious factor that puts much pressure on the British regulator’s stance – the BoE doesn’t want but has to consider different options, including the further loosening of its monetary policy as early as during the February meeting.

CFTC says that the bullish tendency in the Pound hasn’t been very strong for the fifth week in a row. It means that market players are very concerned about the Pound outlook and don’t expect it to grow in the nearest future.

rfxsignals January 12, 2021 No Comments

Japanese Candlesticks Analysis 12.01.2021 (USDCAD, AUDUSD, USDCHF)

Japanese Candlesticks Analysis 12.01.2021 (USDCAD, AUDUSD, USDCHF)

12.01.2021

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the pair is forming another correctional wave. Right now, after forming several reversal patterns, such as Engulfing, not far from the resistance level, USDCAD is reversing in the form of another descending impulse and may later continue falling within the descending channel. In this case, the downside target will be at 1.2675. However, an alternative scenario implies that the price may start a new pullback to reach 1.2865 before resuming its decline.

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

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is completing the correction. Right now, after forming several reversal patterns, such as Engulfing, not far from the support area, the pair may reverse and resume growing to reach the next resistance area at 0.7810. At the same time, an opposite scenario says that the price may correct towards 0.7575 before resuming the ascending tendency.

AUDUSD
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, the correction within the downtrend continues. At the moment, after forming several reversal patterns, such as Engulfing, not far from the resistance area, USDCHF is reversing and may continue the descending tendency. In this case, the downside target may be the next support area at 0.8855. Still, there might be an alternative scenario, according to which the asset may grow to return to 0.8935 before testing the support area.

USDCHF

rfxsignals January 12, 2021 No Comments

Ichimoku Cloud Analysis 12.01.2021 (EURUSD, GBPUSD, AUDUSD)

Ichimoku Cloud Analysis 12.01.2021 (EURUSD, GBPUSD, AUDUSD)

12.01.2021

EURUSD, “Euro vs US Dollar”

EURUSD is trading at 1.2141; 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 1.2185 and then resume moving downwards to reach 1.2045. Another signal in favor of further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 1.2235. In this case, the pair may continue growing towards 1.2315.

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 trading at 1.3527; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3535 and then resume moving downwards to reach 1.3385. 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 1.3575. In this case, the pair may continue growing towards 1.3655.

GBPUSD
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 trading at 0.7694; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.7675 and then resume moving upwards to reach 0.7885. 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 0.7605. In this case, the pair may continue falling towards 0.7525.

AUDUSD

rfxsignals January 12, 2021 No Comments

Fibonacci Retracements Analysis 12.01.2021 (EURUSD, USDJPY)

Fibonacci Retracements Analysis 12.01.2021 (EURUSD, USDJPY)

12.01.2021

EURUSD, “Euro vs US Dollar”

As we can see in the daily chart, EURUSD is starting a new decline as a reversal signal after a long-term growth and a divergence on MACD. The current chart structure says that the asset may fall towards 50.0% fibo at 1.1594, which acts as the support. However, if this descending movement transforms into a sideways channel, it may end up as a new rising impulse to reach the long-term fractal high at 1.2555.

EURUSD_D1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The H4 chart shows a more detailed structure of the current correctional downtrend. By now, the pair has broken 23.6% fibo and may continue falling towards 38.2%, 50.0%, and 61.8% fibo at 1.2065, 1.1976, and 1.1888 respectively. If EURUSD breaks the high at 1.2350n, the asset may complete the pullback and resume trading upwards.

EURUSD_H4
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 moving upwards after a convergence on MACD and may soon reach 23.6% fibo at 104.75. Possibly, the asset may break this level and then continue growing towards 38.2% and 50.0% fibo at 106.07 and 107.15 respectively. On the other hand, if the asset breaks the low at 102.59, the instrument may continue falling to reach the fractal low at 101.18.

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

In the H1 chart, there is a divergence on MACD, which may indicate a possible pullback after the pair reaches 23.6% fibo at 104.75. in this case, the correctional targets may be 38.2%, 50.0%, and 61.8% fibo at 103.92, 103.67, and 103.42 respectively.

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

rfxsignals January 12, 2021 No Comments

Daily Free Forex Signals For 12/01/2021

Here your going to see Daily Free Forex Signals For 12/01/2021 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

GBPUSD BUY-1.352772
SL-1.348486
TP1-1.354357
TP2-1.355806

 

AUDCHF BUY-0.68614
SL-0.682631
TP1-0.687649
TP2-0.689327

 

EURGBP SELL-0.899328
SL-0.903872
TP1-0.897602
TP2-0.896049

 

AUDUSD SELL-0.769321
SL-0.77326
TP1-0.767757
TP2-0.766142

 

 

USDJPY BUY-104.306571
SL-103.954571
TP1-104.466857
TP2-104.633429

NZDCHF SELL-0.637645
SL-0.641951
TP1-0.636053
TP2-0.634435

CADJPY BUY-81.569314
TP1-81.726838
TP2-81.8828
SL-81.265962

AUDNZD BUY-1.074479
SL-1.070684
TP1-1.076075
TP2-1.07763

EURNZD SELL-1.690781
SL-1.694851
TP1-1.68909
TP2-1.687614

EURCHF SELL-1.081664
SL-1.084736
TP1-1.080087
TP2-1.078578

GBPCAD BUY-1.73362
SL-1.729126
TP1-1.735133
TP2-1.736745

rfxsignals January 11, 2021 No Comments

Daily Free Forex Signals For 11/01/2021

Here your going to see Daily Free Forex Signals For 11/01/2021 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

USDCHF BUY-0.887622
SL-0.883591
TP1-0.889101
TP2-0.890812

 

GBPCHF SELL-1.199712
SL-1.204534
TP1-1.198217
TP2-1.196525

 

EURAUD BUY-1.579211
SL-1.573939
TP1-1.580888
TP2-1.582462

 

CADCHF SELL-0.696685
SL-0.700256
TP1-0.69508
TP2-0.693318

 

AUDNZD SELL-1.071585
SL-1.075114
TP1-1.0701
TP2-1.068499

 

NZDCAD SELL-0.917583
SL-0.921309
TP1-0.915963
TP2-0.914246

 

 

EURUSD SELL-1.215316
SL-1.21999
TP1-1.213751
TP2-1.21206

 

GBPUSD SELL-1.348241
SL-1.353126
TP1-1.346581
TP2-1.344921

 

GBPCHF BUY-1.200632
SL-1.196488
TP1-1.2022
TP2-1.203656

 

CHFJPY SELL-116.981333
SL-117.3904
TP1-116.825333
TP2-116.6728

rfxsignals January 11, 2021 No Comments

Forex Technical Analysis & Forecast 11.01.2021

Forex Technical Analysis & Forecast 11.01.2021

11.01.2021

EURUSD, “Euro vs US Dollar”

After reaching the short-term downside target at 1.2170, EURUSD is expected to start another growth to test 1.2245 from below. After that, the instrument may resume trading downwards with the first target at 1.2160 and then start a new correction in the form of a Flag pattern to reach 1.2260.

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 completing another descending wave at 1.3500, GBPUSD is expected to grow towards 1.3571. Later, the market may form a new descending structure with the first target at 1.3390.

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 is consolidating around 74.14. Possibly, the pair may form one more ascending structure to reach 74.80 and then resume trading downwards to break 73.73. After that, the instrument may continue falling with the short-term target at 72.60.

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 breaking 103.60 to the upside, USDJPY is expected to form one more ascending structure towards 104.44. Later, the market may start a new correction with the target at 103.50.

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 rebounding from 0.8828, USDCHF is growing towards 0.8900 and may later start another correction with the target at 0.8828.

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 breaking 0.7750 to the downside and then reaching 0.7700, AUDUSD is expected to form a new correctional structure to return to 0.7750 and test it from below. 0.7707. Later, the market may start another decline to complete this descending wave at 0.7680 and then resume growing with the target at 0.7766.

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

BRENT

After completing the ascending impulse at 56.00, Brent is consolidating below this level. If later the price breaks this range to the downside, the market may correct towards 54.54; if to the upside – expand the range up to 56.70 and then start a new correction with the target at 51.40.

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

XAUUSD, “Gold vs US Dollar”

Gold has finished the descending wave at 1842.40. Possibly, today the metal may consolidate around this level. If later the price breaks this range to the downside, the market may form a new descending structure with the first target at 1815.10; if to the upside – start another growth to reach 1885.15 and then resume falling towards the above-mentioned target.

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

BTCUSD, “Bitcoin vs US Dollar”

After breaking 38600.00 and then reaching the first downside target at 33500.00, BTCUSD is expected to correct in the form of a Flag pattern to return to 38600.00. After that, the instrument may resume trading downwards with the target at 28900.00.

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 3826.4, the S&P index is falling to reach 3785.5. After that, the instrument may consolidate above the latter level. If later the price breaks this range to the downside, the market may resume moving downwards with the first target at 3745.0.

S&P 500