Australia’s January Unemployment Change
We could have some volatility in AUD pairs coming up during the Asian session, as the Australian Bureau of Statistics will be releasing a series...
Posted On 20 Feb 2019
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//February 20, 2019
UK’s 2018 GDP Falls To The Slowest Pace Since 2012
Britain’s economic growth slowed sharply in the fourth quarter of 2018. The yearly growth was the slowest in six years, as Brexit worries and...
Posted On 20 Feb 2019
GBP Surges Higher On Hopes Of Irish Backstop Solution
The British Pound has been strongly bid over the last 24 hours as the market reacts to reports that Theresa May is close on delivering a Brexit...
Posted On 20 Feb 2019
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Australian Dollar Advances Amid Rising Risk Appetite
The Australian dollar climbed against its major counterparts in the Asian session on Wednesday, as most Asian shares rose following a positive...
Posted On 20 Feb 2019
Wave analysis of GBP / USD for February 20. An unexpected increase in the pound may be replaced by a new fall.
Wave counting analysis: On February 19, the GBP / USD pair gained about 140 bp. After that, it went beyond the maximum of the previous wave,...
Posted On 20 Feb 2019
Technical analysis for EUR/USD for February 20, 2019
EUR/USD as expected has bounced towards our minimum target of the 38% Fibonacci retracement level around 1.1340. This is important short-term...
Posted On 20 Feb 2019
Technical analysis for Gold for February 20, 2019
Gold price has hit all our short-term targets after breaking above $1,317 when our last bullish signal was given. Price has reached the upper...
Posted On 20 Feb 2019
Indicator analysis. Daily review for February 20, 2019 for the pair GBP / USD
Trend analysis (Fig. 1). On Wednesday, the price will move down. The first lower target of 1.3005 is the rolling level of 23.6% (blue dashed...
Posted On 20 Feb 2019
Elliott wave analysis of EUR/JPY for February 20, 2019
EUR/JPY is set to break above resistance at 125.95. A clear break above this resistance will call for a continuation higher towards 129.48 and...
Posted On 20 Feb 2019
Elliott wave analysis of GBP/JPY for February 20, 2019
The break above key resistance at 143.03 confirmed that wave ii/ completed with the test of 141.00 and wave iii/ is developing. The next upside...
Posted On 20 Feb 2019
Forecast for AUD/USD on February 20, 2019
AUD/USD On Tuesday, the Australian dollar grew by 34 points, following the general direction of the European currencies. The aussie’s...
Posted On 20 Feb 2019
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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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