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//January 10, 2018
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NZD/USD Intraday technical levels and trading recommendations for January 10, 2018

Daily Outlook A recent bullish breakout above the downtrend line took place on May 22. Since then, the market has been bullish as depicted on the...
Posted On 10 Jan 2018
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GBP/USD analysis for January 10, 2018

Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.3481. Anyway, according to the 1H time – frame, I found a...
Posted On 10 Jan 2018
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Technical analysis of USD/CHF for January 10, 2018

Overview: The USD/CHF pair broke resistance which turned to strong support at the levels of 0.9786 and 9756 yesterday. The level of 0.9786...
Posted On 10 Jan 2018
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Yen strengthens on rumors of BoJ tightening

Daily Forex Market Preview, 10/01/2018 The U.S. dollar was seen extending it’s gains from the previous day. The lack of economic data on the day...
Posted On 10 Jan 2018
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Platforms
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Market Strategies: Trading Platforms and Market Approach

Market Strategies: Trading Platforms and Market Approach One of the most important aspects of any trading strategy lies in the market platform...
Posted On 10 Jan 2018
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Fundamental analysis of GBP/USD for January 10, 2018

GBP/USD has been quite volatile and corrective recently, forming a squeeze towards the resistance level of 1.3610. GBP has been the dominant...
Posted On 10 Jan 2018
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0

Technical analysis of USD/JPY for Jan 10, 2018

In Asia, Japan will have the 10-y Bond Auction. The US will also hold the 10-y Bond Auction and release some economic data such as the crude oil...
Posted On 10 Jan 2018
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0

Technical analysis of EUR/USD for Jan 10, 2018

When the European market opens, some Economic Data will be released such as the German 10-y Bond Auction and the French industrial production...
Posted On 10 Jan 2018
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Elliott wave analysis of EUR/JPY for January 10 – 2018

Wave summary: The decline from 136.64 has been strong and the pair is already testing the support at 133.89. A clear break below here will point...
Posted On 10 Jan 2018
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Elliott wave analysis of EUR/NZD for January 10, 2018

Wave summary: EUR/NZD has tested a low of 1.6587, just above our ideal target seen at 1.6571. This could be enough to fulfill the expected...
Posted On 10 Jan 2018
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0

Daily analysis of GBP/USD for January 10, 2018

There is a bearish breakout underway around the 200 SMA at H1 chart, which should allow another leg lower towards the support zone of 1.3451....
Posted On 10 Jan 2018
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0

Daily analysis of USDX for January 10, 2018

USDX had a consolidation above the support level of 92.25 following a momentum gained by the bulls across the board. The index is now facing the...
Posted On 10 Jan 2018
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forex
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Forex Trading for Beginners

Forex trading can seem quite intimidating to a beginner. With its foreign currencies and the ability to easily buy or sell and greater emphasis...
Posted On 10 Jan 2018
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Can GBP/USD Hold 1.3480 Ahead Of UK’s Production Report?

The British Pound traded higher during the start of January 2018 against the US Dollar. The GBP/USD pair traded as high as 1.3612 before starting...
Posted On 10 Jan 2018
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Swiss Franc
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EUR/CHF Daily Outlook

No change in EUR/CHF’s outlook and intraday bias remains neutral at this point. We’re holding on to the view that it’s close to...
Posted On 10 Jan 2018
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EUR/AUD Daily Outlook

Focus remains on 1.5226 key support level in EUR/AUD. As long as this support holds, further rise will still be in favor. Break of 1.5430 minor...
Posted On 10 Jan 2018
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GBPUSD
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Pound Trading Marginally Lower, Ahead Of Key Economic Releases In The UK

The pair is expected to find support at 1.3499, and a fall through could take it to the next support level of 1.3465. The pair is expected to...
Posted On 10 Jan 2018
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