Currency

Trading professional, official analyst, representative at Instaforex Companies Group and freelance author.

Daily analysis of major pairs for May 29, 2017

29 May 2017 @ 04:15
The GBP/USD moved sideways from Monday to Wednesday, and then began to come down on Thursday. Price went downwards from the distribution territory at 1.3000 towards the accumulation territory at 1.2800 (a drop of 200 pips). The outlook on GBP pairs is bearish for this week and for the month of June 2017. Though the […]
 

Weekly Trading Forecasts for Major Pairs (May 29 – June 2, 2017)

28 May 2017 @ 04:29
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair consolidated last week, moving between the resistance line at 1.1250 and the support line at 1.1150. The resistance line at 1.1250 was tested several times, but it could not be broken to the upside, owing to the ongoing consolidation. A breakout is […]
 

S&P 500 & FTSE 100 look set for big moves

25 May 2017 @ 15:05
Last week’s Trump’s / Comey cover-up feel like a distant memory as equity markets re-test all-time highs. Let’s take a look at some of the powerful price patterns that are taking shape now across the S&P 500 and the FTSE 100. S&P 500 With US politics at the epi-centre of the recent selloff, let’s start […]
 

Where next for ‘euphoric' EUR/USD?

25 May 2017 @ 08:46
It’s been a very long time since we’ve heard a piece of Eurozone data described as ‘euphoric’. It’s also very rare that the German Chancellor should comment that ‘the euro is too weak’. Such is the life of the single currency and the numbers don’t lie – the single currency is the best performing currency […]
 

Faraday FX Majors Preview

22 May 2017 @ 16:13
Here’s a technical snapshot of the major FX pairs: EUR/USD EUR/USD steamrollered higher last week, surging past the 1.1100 handle with ease. With bullish momentum behind it EUR/USD looks poised to re-test the US election highs of 1.1300. Our EUR/USD strategy for this week is pretty straight forward: buy the dips on lower timeframes, unless […]
 

Pound exchange rates dip as Conservative lead narrows

22 May 2017 @ 09:38
With the Conservative’s lead over labour falling in the latest polls, the pound edged lower as a new week of trading began. GBP/EUR hit a low of €1.1587 (down from opening levels of €1.1611), GBP/USD eased from a high of $1.3010 to $1.2973, GBP/AUD lost 0.3% to trade in the region of AU$1.7412 and GBP/NZD […]
 

Daily analysis of major pairs for May 22, 2017

22 May 2017 @ 06:14
The EUR/USD gained 290 pips last week, as price closed slightly above the support line at 1.1200. This week, price may target the resistance lines at 1.1250, 1.1300 and 1.1350. Some EUR pairs would trend higher, while some would trend lower this week. However, the EUR/USD is supposed to trend higher. EUR/USD: The EUR/USD gained […]
 

Weekly Trading Forecasts for Major Pairs (May 22 - 26, 2017)

21 May 2017 @ 03:10
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards by 290 pips last week, putting greater emphasis on the recent bullish bias that has formed this month. Price closed slightly above the support line at 1.1200 on Friday. The bullish momentum is currently strong, and the resistance lines at […]
 

Pound gives up retail sales gains on ‘flash crash’

19 May 2017 @ 09:32
An upbeat UK retail sales report gave the pound a boost on Thursday, but a surprising ‘flash crash’ in the evening saw GBP give up its gains. GBP/EUR fell from €1.1727 to €1.1627, GBP/USD dropped from $1.3041 to $1.2923, GBP/AUD tumbled from AU$1.7569 to AU$1.7380 and GBP/NZD fluctuated between NZ$1.8691 and NZ$1.8841. Why is the […]
 

‘Teflon Don' faces another test as USD/JPY crashes through key levels

17 May 2017 @ 16:37
After last week’s conjecture about the many ‘fear gauges’ being eerily quiet, we have finally seen risk aversion in full effect this afternoon. This has shaken the markets out of its VIX torpor with gold up, treasury yields off and a very strong yen. Investors are worried about ‘another’ crisis which has hit the new […]
 
  • Jump to a different page:
  • 1
  • 2
  • 3
  • ...
  • 45
 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20170530 05:35:26