US News

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

Daily analysis of major pairs for December 11, 2017

11 Dec 2017 @ 04:09
Throughout last week, the EUR/USD went downwards by 120 pips, thus leading to a Bearish Confirmation Pattern in the market. While the support lines at 1.1750 and 1.1700 could be tested, it is also expected that a rally will occur sometime this week, owing to a bearish run on the USD/CHF. EUR/USD: Throughout last week, […]
 

Weekly Trading Forecasts for Major Pairs (December 11 - 15, 2017)

10 Dec 2017 @ 00:30
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish in the short-term, for price went southwards throughout last week, moving briefly below the support line at 1.1750 and then closing above that support line on Friday. Other support lines at 1.1700 and 1.1650 could be tested this week, provided […]
 

Daily analysis of major pairs for December 4, 2017

03 Dec 2017 @ 23:28
The persistent bullish effort on GBP/USD has already paid off, and price has gained 460 pips since November 13. There was a slight bearish correction on Friday, after which price would resume its bullish journey, targeting the distribution territories at 1.3500, 1.3550 and 1.3600. EUR/USD: The EUR/USD met a considerable challenge last week –which threatened […]
 

Weekly Trading Forecasts for Major Pairs (December 4 - 8, 2017)

02 Dec 2017 @ 12:04
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The bullish bias on EURUSD was challenged last week, as price was pulled towards the support line at 1.1800. However, bulls managed to push price upwards, thus saving the bullish bias. Price is currently close to the resistance line at 1.1900, and it is […]
 

Daily analysis of major pairs for November 27, 2017

27 Nov 2017 @ 04:10
The USD/JPY pair is bearish. Price went downwards by 100 pips last week, closing on a bearish note. There is a Bearish Confirmation Pattern in the market, and it is possible that the demand level at 111.00 would be tested again. However, a rally is expected before the end of this week. EUR/USD: This currency […]
 

Weekly Trading Forecasts for Major Pairs (November 27 – December 1, 2017)

26 Nov 2017 @ 04:49
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair went upwards last week, after moving sideways on Monday and Tuesday. Price gained 210 pips, closing above the support line at 1.1900 and targeting the resistance line at 1.1950. Then another resistance level at 2.0000 (a psychological line) would be reached and […]
 

Daily analysis of major pairs for November 20, 2017

19 Nov 2017 @ 22:44
The USD/JPY became clearly bearish last week, with further bearish movement on Friday. This has resulted in a Bearish Confirmation Pattern in the market, and the demand level at 111.50 could be tested. However, there would be a rally before the end of this week, which may threaten the bearish bias. EUR/USD: This pair went […]
 

Weekly Trading Forecasts for Major Pairs (November 20 - 24, 2017)

18 Nov 2017 @ 21:15
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish A bullish signal was generated on this pair last week, as the market gained 200 pips, to test the resistance line at 1.1850. After that, price began to experience some bearish correction, which made it close below the resistance line at 1.1800 on Friday. […]
 

There’s nothing special about your strategy

16 Nov 2017 @ 15:01
THE WAYS WE CON OURSELVES I support a particular hospital charity that each year or so runs a home lottery and every year I enter. To date I have won a digital camera, an iPod, an Apple TV, a tonne of chocolate, wine (brilliant for a non-drinker but good for presents) and a host of […]
 

Daily analysis of major pairs for November 13, 2017

13 Nov 2017 @ 03:27
The USD/JPY pair is bullish in the long-term, but bearish in the short-term. Price may make some attempts to go upwards this week, owing to a bullish outlook on USD. There are demand levels at 113.00 and 112.50. On the other hand, there are supply levels at 114.00 and 114.50. EUR/USD: The bias on the […]
 
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