Murrey Math Lines 12.12.2019 (USDCHF, GOLD)

Murrey Math Lines 12.12.2019 (USDCHF, GOLD)

12.12.2019

USDCHF, “US Dollar vs Swiss Franc”

In the H4 chart, USDCHF is moving below 3/8. In this case, the price is expected to continue falling to reach the support at 0/8. However, this scenario may no longer be valid if the price breaks 3/8 to the upside. After that, the instrument may continue growing towards the resistance at 5/8.

USDCHF_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.

USDCHF_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

XAUUSD, “Gold vs US Dollar”

In the H4 chart, XAUUSD is moving above 5/8. In this case, the price may break 7/8 and continue trading upwards to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 6/8 to the downside. After that, the instrument may continue falling towards the support at 5/8.

GOLD_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 upside line of the VoltyChannel indicator and, as a result, may continue the ascending tendency.

GOLD_M15

The USD was crashed by the Fed’s stance. Overview for 12.12.2019

The USD was crashed by the Fed’s stance. Overview for 12.12.2019

12.12.2019

The major currency pair reached its five weeks highs influenced by the Fed’s comments after the December meeting.

On Thursday morning, EURUSD is trading close to its five weeks highs. The current quote for the instrument is 1.1138.

The US Fed December meeting, which was over yesterday, offered investors nothing new. The interest rate remained at 1.50-1.75%, the same as expected. However, the comments that followed surprised market players.

The regulator said that the current monetary policy was appropriate and in compliance with its economic purposes. The Fed continues monitoring home affairs and inflation pressure, which is quite reserved. It means that the interest rate wouldn’t be cut unless the regulator witnesses some serious changes in the country’s economy.

It was a pretty unpleasant surprise for the USD because market players were sure that the American economy was strong enough for the rate increase in the nearest future.

The revised forecast from the Fed was a bit worse. For example, inflation is expected to be 1.4-1.5% at the end of 2019 against the previous estimate of 1.5-1.6%.

Later today, investors’ attention will switch to the ECB meeting.

rfxsignals December 12, 2019 No Comments

DAILY FREE FOREX SIGNALS – 12-12-2019 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

USDCHF SELL-0.98155
SL-0.98564
TP1-0.97966
TP2-0.97738

GBPUSD SELL-1.32011
SL-1.32543
TP1-1.31783
TP2-1.31535

GBPAUD BUY -1.91756
SL-1.92533
TP1-1.91517
TP2-1.91301

EURAUD SELL-1.61710
SL-1.62293
TP1-1.61482
TP2-1.61207

EURCHF SELL-1.09313
SL-1.09667
TP1-1.09111
TP2-1.08876

CHFJPY BUY -110.659
SL-110.255
TP1-110.872
TP2-111.056

AUDNZD BUY -1.04600
SL-1.04195
TP1-1.04781
TP2-1.04958

EURNZD BUY -1.69252
SL-1.68762
TP1-1.69535
TP2-1.69796

Forex Technical Analysis & Forecast 11.12.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

11.12.2019

EURUSD, “Euro vs US Dollar”

EURUSD has completed the ascending wave at 1.1097; right now, it is consolidating at the top. Possibly, the pair may expand this range downwards and upwards, 1.1074 and 1.1084 respectively. If later the price breaks this range to the upside, the market may choose an alternative scenario and continue moving upwards to reach 1.1114; if to the downside – resume trading inside the downtrend with the first target at 1.1065.

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 1.3200, GBPUSD is quickly falling and has already formed two descending impulses. Today, the pair may correct towards 1.3154 and then start a new decline with the first target at 1.3090.

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 reached the downside target at 0.9835; right now, it is growing towards 0.9880. Later, the market may start a new decline to reach 0.9855 and then form one more ascending structure with the first target at 0.9970.

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 has reached 108.75. Possibly, today the pair may fall to break 108.50 and then continue moving downwards with the target at 108.27.

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 has reached the target of Flag pattern at 0.6807; right now, it is growing towards 0.6834. Possibly, the pair may reach this level and then resume trading inside the downtrend with the target at 0.6817.

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 moving downwards. Possibly, today the pair may test 63.64 from below and then form a new descending structure with the short-term target at 63.04.

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 moving downwards to reach 1.3217. Later, the market may form one more ascending structure towards 1.3274, thus forming a new consolidation range between these levels. If later the price breaks this range to the downside, the market may resume trading downwards to reach 1.3108; if to the upside – continue the uptrend with the target at 1.3282.

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

XAUUSD, “Gold vs US Dollar”

Gold has completed the ascending structure at 1468.62; right now, it is falling towards 1457.21. After that, the instrument may form onу more ascending structure to return to 1468.60 and then resume moving downwards with the target at 1444.00.

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

BRENT

Brent is still consolidating around 64.60. Possibly, today the pair may fall towards 63.74 and then grow to reach 68.46. After that, the market may start a new decline towards 64.60. If later the price breaks this range to the upside, the market may form one more ascending structure with the short-term target at 68.00; if to the downside – start another correction to reach 62.55.

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

BTCUSD, “Bitcoin vs US Dollar”

BTCUSD has broken 7340.00; right now, it is still moving downwards to reach 7030.00. After that, the instrument may resume moving upwards to break 7600.00 and then continue growing with the first target at 8165.00.

BTCUSD

Emotional day for the USD. Overview for 11.12.2019

Emotional day for the USD. Overview for 11.12.2019

11.12.2019

On Wednesday morning, the major currency pair is falling after growing earlier; market players’ attention is totally focused on the US Fed December meeting.

EURUSD is retreating in the middle of the week after growing a little bit yesterday. The current quote for the instrument is 1.1087.

So, the two-day December meeting of the US Federal Reserve will be over today. This is the last meeting of the American regulator in 2019, the year that was a bit different from expectations. The interest rate is highly likely to remain unchanged at 1.50-1.75%, which means that the White House’s lobby on the Fed and its Chairman Jerome Powell is reducing. Or maybe, if miracles happen, of course, the Fed started to assert the right for its own stance and opinion.

Well, as for the interest rate, there is no intrigue around it. However, investors are worried by the comments that may follow after the meeting. In theory, the Fed is expected to provide signals and hints at its strategy for 2020. Everyone is guessing what they might be, but it will be better to wait for facts.

It can be said now that the interest rate was cut enough and the current value is okay for the US economy even if President Donald Trump starts a new trade war tomorrow.

Any signals or hints at further rate cuts in the future may put additional pressure on the USD.

rfxsignals December 11, 2019 No Comments

DAILY FREE FOREX SIGNALS – 11-12-2019 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

GBPUSD SELL-1.31148
SL-1.32071
TP1-1.30845
TP2-1.30557

USDJPY BUY -108.789
SL-108.523
TP1-109.000
TP2-109.168

USDCHF BUY -0.98564
SL-0.98206
TP1-0.98831
TP2-0.99078

EURCHF SELL-1.09134
SL-1.09508
TP1-1.08929
TP2-1.08704

AUDUSD BUY -0.68261
SL-0.67888
TP1-0.68480
TP2-0.68646

EURUSD SELL-1.10836
SL-1.11216
TP1-1.10638
TP2-1.10426

USDCAD SELL-1.32258
SL-1.32629
TP1-1.32077
TP2-1.31935

GBPJPY SELL-142.519
SL-143.173
TP1-142.320
TP2-142.149

EURJPY SELL-120.497
SL-120.840
TP1-120.329
TP2-120.178

Japanese Candlesticks Analysis 10.12.2019 (USDCAD, AUDUSD)

Japanese Candlesticks Analysis 10.12.2019 (USDCAD, AUDUSD)

10.12.2019

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, the pair is forming another descending wave. By now, it has completed Engulfing reversal pattern. The current situation implies that USDCAD may reverse to continue falling towards 1.3171. However, we shouldn’t ignore an alternative scenario, according to which the instrument may continue growing to reach 1.3300 and get back inside the rising channel.

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, the pair continues forming the ascending tendency. After forming several reversal patterns, such as Engulfing, close to the support level and reversing, AUDUSD is moving in the middle of the rising channel. By now, it has completed Engulfing reversal pattern along with the correction and may later continue trading upwards. In this case, the upside target may be at 0.6888. However, we shouldn’t ignore an alternative scenario, which implies that the instrument may resume falling to return to 0.6760 and update its closest lows.

AUDUSD

rfxsignals December 10, 2019 No Comments

DAILY FREE FOREX SIGNALS – 10-12-2019 | Форекс – Сообщество Трейдеров |إشارات الفوركس|외환 신호

EURCAD SELL-1.46395
SL-1.46897
TP1-1.46246
TP2-1.46079

EURGBP SELL-0.84082
SL-0.84463
TP1-0.83930
TP2-0.83796

AUDNZD SELL-1.03981
SL-1.04263
TP1-1.03788
TP2-1.03624

EURNZD SELL-1.68531
SL-1.69175
TP1-1.68324
TP2-1.68104

NZDUSD BUY -0.65652
SL-0.65194
TP1-0.65891
TP2-0.66110

AUDCHF SELL-0.67383
SL-0.67773
TP1-0.67228
TP2-0.67082

CADCHF SELL-0.74616
SL-0.74973
TP1-0.74457
TP2-0.74299

GBPAUD BUY -1.92839
SL-1.92335
TP1-1.93056
TP2-1.93353

CADJPY SELL-82.066
SL-82.451
TP1-81.899
TP2-81.675

USDJPY SELL-108.589
SL-108.889
TP1-108.505
TP2-108.393

USDCHF SELL-0.98724
SL-0.99113
TP1-0.98564
TP2-0.98366

Ichimoku Cloud Analysis 26.11.2019 (AUDUSD, NZDUSD, USDCAD)

Ichimoku Cloud Analysis 26.11.2019 (AUDUSD, NZDUSD, USDCAD)

26.11.2019

AUDUSD, “Australian Dollar vs US Dollar”

AUDUSD is trading at 0.6780; 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 0.6790 and then resume moving downwards to reach 0.6670. Another signal to confirm further descending movement is the price’s rebounding from the resistance level. However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6845. In this case, the pair may continue growing towards 0.6935.

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 0.6420; 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 0.6385 and then resume moving upwards to reach 0.6535. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 0.6345. In this case, the pair may continue falling towards 0.6265.

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 1.3309; 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 1.3275 and then resume moving upwards to reach 1.3445. Another signal to confirm further ascending movement is the price’s rebounding from the rising channel’s downside border. However, the scenario that implies further growth may be canceled if the price breaks the cloud’s downside border and fixes below 1.3215. In this case, the pair may continue falling towards 1.3130.

USDCAD

Forex Technical Analysis & Forecast 25.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

Forex Technical Analysis & Forecast 25.11.2019 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, USDCAD, GOLD, BRENT, BTCUSD)

25.11.2019

EURUSD, “Euro vs US Dollar”

EURUSD has reached the short-term target of another descending impulse at 1.1015; right now, it is consolidating around 1.1020. Possibly, today the pair may extend the structure towards 1.1012 and then start a new correction to reach 1.1030, at least. After that, the instrument may resume trading downwards with the predicted target at 1.0933.

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 continues forming the second descending impulse. Today, the pair may reach 1.2783 and then start another correction towards 1.2855, at least. Later, the market may form a new descending structure with the target at 1.2750.

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 reached the short-term upside target at 0.9975; right now, it is consolidating above 0.9968. possibly, the pair may break this level to the downside and start a new correction towards 0.955, at least. After that, the instrument may resume growing with the target at 0.9995.

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 has broken 108.69 upwards. Possibly, the pair may choose an alternative scenario and continue the correction towards 108.93. According to the main scenario, the price is expected to continue trading inside the downtrend to reach 107.04.

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 consolidating around 0.6797 without any particular direction. The main scenario implies that the price may continue trading inside the downtrend with the target at 0.6773.

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 consolidating around 63.73. Possibly, the pair may form one more ascending structure to reach 63.88. Later, the market may resume trading inside the downtrend with the target at 63.11.

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 has finished the ascending impulse towards 1.3297. Today, the pair may consolidate around this level. If later the price breaks this range to the downside at 1.3270, the market may resume falling towards 1.3220; if to the upside at 1.3303 – form one more ascending structure with the target at 1.3343.

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

XAUUSD, “Gold vs US Dollar”

Gold has completed the descending impulse at 1459.60. Possibly, today the pair may consolidate around 1463.00. After that, the instrument may break 1459.50 and continue trading inside the downtrend with the target at 1444.00.

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

BRENT

Brent has finished the correction towards 63.00; right now, it is still trading upwards to reach 63.66. Later, the market may break this level and continue growing with the first target at 65.50.

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

BTCUSD, “Bitcoin vs US Dollar”

After failing to form a new ascending impulse from 7500.00, BTCUSD has broken 7350.00 to the downside to continue the downtrend with the target at 6400.00. Today, the pair may reach 6464.00 and then form one more ascending structure towards 6888.00. Later, the market may resume trading downwards to reach the above-mentioned target.

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