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Daily analysis of GBP/USD for February 07, 2018
The pair extended the decline during Tuesday’s session, but later it trimmed some of the losses and remained supported by the 1.3850 level....
Posted On 06 Feb 2018
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//February 6, 2018
Daily analysis of USDX for February 07, 2018
USDX still hovers around the 200 SMA at the H1 chart and it seems we could expect another leg higher. However, as the broad-based USD weakness...
Posted On 06 Feb 2018
Technical analysis of USD/JPY for Feb 07, 2018
In Asia, Japan will release the Leading Indicators and Average Cash Earnings y/y data, and the US will release some Economic Data such as...
Posted On 06 Feb 2018
Technical analysis of EUR/USD for Feb 07, 2018
When the European market opens, some Economic Data will be released such as German 10-y Bond Auction, Italian Retail Sales m/m, French Trade...
Posted On 06 Feb 2018
Dollar Higher as Global Stock Market Rout Extends
Global stock markets selloff continues today. At the time of writing, all major European indices are trading in red. FTSE 100 is down -1.9%, DAX...
Posted On 06 Feb 2018
Crude Oil Tumbles Along With Global Stocks
Crude oil futures fell Tuesday morning, extending big losses from the previous session amid turmoil in the global markets. U.S. stocks are poised...
Posted On 06 Feb 2018
The Dow Jones Does Its Best Bitcoin Impression, Europe Follows Suit
James Hughes, Chief Market Analyst, AxiTrader, comments: Yesterday… “It’s more records for the Dow Jones, but this time on the...
Posted On 06 Feb 2018
Elliott wave analysis of EUR/NZD for February 6, 2018
Wave summary: The failure to rally directly higher has made us review the other possible counts and the possibility of the rally from 1.6518 to...
Posted On 06 Feb 2018
Elliott wave analysis of EUR/JPY for February 6, 2018
Wave summary: The strong decline from 137.50 confirms that the wave (D) finally has peaked and the wave (E) lower towards the ideal target at...
Posted On 06 Feb 2018
Technical analysis of USD/JPY for Feb 06, 2018
In Asia, Japan today will not release any Economic Data, but the US will release some Economic Data such as IBD/TIPP Economic Optimism, JOLTS Job...
Posted On 06 Feb 2018
Technical analysis of EUR/USD for Feb 06, 2018
When the European market opens, some Economic Data will be released such as Retail PMI, French Gov Budget Balance, and German Factory Orders m/m....
Posted On 06 Feb 2018
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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:
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