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Elliott wave analysis of EUR/JPY for December 19, 2017
Wave summary: EUR/JPY is back testing the broken minor support-line, which now acts as resistance. This former support, now resistance, is...
Posted On 18 Dec 2017
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//December 18, 2017
Elliott wave analysis of EUR/NZD for December 19, 2017
Wave summary: EUR/NZD likely bottomed at 1.6744, just above the expected target at 1.6720. Short-term a break above minor resistance at 1.6939...
Posted On 18 Dec 2017
Fundamental Analysis of GBP/USD for December 19, 2017
GBP/USD has been very volatile recently residing above the 1.33 support area. Last week GBP gained some momentum having unchanged Official Bank...
Posted On 18 Dec 2017
Technical analysis of USD/JPY for Dec 19, 2017
In Asia, Japan today will not release any Economic Data, but the US will release some Economic Data, such as Housing Starts, Current Account, and...
Posted On 18 Dec 2017
BITCOIN Analysis for December 18, 2017
Bitcoin has been impulsive with the gains recently which pushed the price up to the record high price of $19,600. Nevertheless, BTC could not...
Posted On 18 Dec 2017
Driving cutting-edge connectivity for the global finance industry
For the past two years Azul Systems, the award-winning leader in Java runtime solutions, and PrimeXM, the award-winning connectivity provider,...
Posted On 18 Dec 2017
Technical analysis of USD/JPY for December 18, 2017
USD/JPY is expected to trade with a bullish outlook. The pair remains on the upside after breaking above a declining trend line drawn from...
Posted On 18 Dec 2017
Belgium Consumer Confidence Weakens For Second Month
Belgium’s consumer confidence eased for a second straight month in December to its lowest level in four months, survey data from the...
Posted On 18 Dec 2017
Global macro overview for 18/12/2017
The Confederation of British Industry (CBI) announced that its index of factory orders for the second consecutive month was 17 points, the...
Posted On 18 Dec 2017
Bitcoin analysis for December 18, 2017
Bitcoin (BTC) has been trading upwards. As I expected, the price tested the level of $19,468. French Finance Minister Bruno Le Maire announced on...
Posted On 18 Dec 2017
Trading Plan for EUR/USD and US Dollar Index for December 18, 2017
Technical outlook: The EUR/USD pair is again preparing to drop lower till prices remain below 1.1960 levels going forward. The pair has reversed...
Posted On 18 Dec 2017
Technical analysis of EUR/USD for December 18, 2017
Overview: The EUR/USD pair continues to move downwards from the level of 1.1817. The pair dropped from the level of 1.1817 to the bottom around...
Posted On 18 Dec 2017
SNB Likely To Raise Rates Only After First ECB Hike
The Swiss National Bank is unlikely to change its monetary policy in the near future as the franc still remains highly valued, and is more likely...
Posted On 18 Dec 2017
Intraday technical levels and trading recommendations for EUR/USD for December 18, 2017
Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2050-1.2100 (multiple previous bottoms set in July...
Posted On 18 Dec 2017
Week Ahead: A Low Volume Week with Focus on Washington and South Africa
Last week, the focus among investors was central banks and Washington. As expected, the Fed raised rates and forecasted three more in the coming...
Posted On 18 Dec 2017
NZD/USD Intraday technical levels and trading recommendations for December 18, 2017
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 18 Dec 2017
Euro Advances Amid Risk Appetite
The euro climbed against its major rivals in the European session on Monday amid risk appetite, with positive economic data from China and Japan...
Posted On 18 Dec 2017
UK Manufacturing Order Growth Near 30-Year High: CBI
UK manufacturing order books were close to a 30-year high in the fourth quarter, monthly Industrial Trends survey from the Confederation of...
Posted On 18 Dec 2017
Technical analysis of USD/CHF for December 18, 2017
USD/CHF is expected to trade with a bearish outlook. The pair retreated from 0.9930 and broke below its 20-period and 50-period moving averages....
Posted On 18 Dec 2017
Technical analysis of GBP/JPY for December 18, 2017
Our first target which we predicted in our previous analysis has been hit. GBP/JPY is still under pressure. The pair retreated from 151.70 and...
Posted On 18 Dec 2017
CAD/JPY Proceeding With Type 3 Entry Short
The CAD/JPY reached the W H3 and formed a Type 2 reversal arrow exactly within the dynamic zone area. Zooming in to 5 min timeframe we have been...
Posted On 18 Dec 2017
Technical analysis of NZD/USD for December 18, 2017
NZD/USD is expected to trade with a bullish outlook. The pair accelerated on the upside and broke above its key resistance at 0.6990, which...
Posted On 18 Dec 2017
Bitcoin analysis for 18/12/2017
The Financial Stability Oversight Council (FSOC), claims that Bitcoin and other cryptocurrencies do not pose a threat to existing financial...
Posted On 18 Dec 2017
Ichimoku cloud indicator analysis of USDX for December 18, 2017
The Dollar index bounced strongly off the 50% Fibonacci retracement and the cloud support in the 4-hour chart as expected. The Dollar index...
Posted On 18 Dec 2017
Ichimoku cloud indicator analysis of gold for December 18, 2017
Gold price got rejected at the cloud resistance on Friday but remains above short-term support. Short-term trend is neutral as price is inside...
Posted On 18 Dec 2017
Weakness of the dollar will not last long
Retail sales in November rose above expectations, allowing the dollar to complete a short-term correction, which it left immediately after the...
Posted On 18 Dec 2017
Fundamental Outlook: Dec 18 – Dec 22 2017
Dear Trader, the final trading week before Christmas is here. Who will be the winners and losers towards year’s end? This article will...
Posted On 18 Dec 2017
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Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use Privacy Policy