Fresh Growth Fears As US Retail Sales See Biggest Drop Since September 2009
Fresh Growth Fears as US Retail Sales See Biggest Drop Since 2009 Yesterday was not great for the Fed as the latest US data added to fears of a...
Posted On 15 Feb 2019
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Stronger US Dollar Weighs On Metals But Gold Stays Supported
Gold The yellow metal saw further consolidation this week, remaining within the range of the last two weeks as a lack of catalysts kept trading...
Posted On 15 Feb 2019
February US Consumer Sentiment And Trade Data
There could be some volatility in currency markets at the end of the trading session with the release of a series of second-tier economic data...
Posted On 15 Feb 2019
Non-manufacturing activity slips to the lowest level since July 2018
The services sector in the United States expanded at a slower pace in January. The Institute of Supply Management’s non-manufacturing PMI...
Posted On 15 Feb 2019
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Technical analysis for Gold for February 15, 2019
Gold price continues to trade inside the trading range of $1,300-$1,1317. Medium-term trend remains bullish as long as price is inside the...
Posted On 15 Feb 2019
Technical analysis for EUR/USD for February 15, 2019
EUR/USD made another touch at the important support trend line at 1.1250 and bounced. I continue to expect price to move towards 1.1350-1.14 area...
Posted On 15 Feb 2019
Bitcoin Elliott Wave analysis for 15/02/2019
Bitcoin Elliott Wave analysis for 15/02/2019: The consolidation is getting narrower and the volatility is limited. Technical market overview: The...
Posted On 15 Feb 2019
Technical analysis: Intraday Level For EUR/USD, Feb 15, 2019
When the European market opens, some Economic Data will When the European market opens, some economic data will be released such as Trade Balance...
Posted On 15 Feb 2019
Technical analysis: Intraday level for USD/JPY, Feb 15, 2019
In Asia, Japan will release the Revised Industrial Production m/m and the US will publish some economic data such as TIC Long-Term Purchases,...
Posted On 15 Feb 2019
UK CPI Hits 12-Month Low
The latest CPI data this week has once again highlighted a loss of momentum in the UK economy. The data comes after a weaker than expected Q4...
Posted On 14 Feb 2019
OPEC is trying its best
With OPEC currently battling to turn the tide of lower oil prices through a cut in production, the latest industry data from the US will not make...
Posted On 14 Feb 2019
Simplified wave analysis of AUD / USD for February 14
Large-scale graphics: Throughout last year, the vector of the price movement “Aussie” was directed to the “south” of the...
Posted On 14 Feb 2019
Technical analysis of USD/CAD for February 14, 2019
Overview: The USD/CAD pair continues to move upwards from the level of 1.3228. Today, the first support level is currently seen at 1.3228, the...
Posted On 14 Feb 2019
Technical analysis of GBP/USD for February 14, 2019
Overview: The GBP/USD pair continues to move downwards from the areas of 1.3210 and 1.2913 in the long term. Last week, the pair dropped from the...
Posted On 14 Feb 2019
Bitcoin Elliott Wave analysis for 14/02/2019
Bitcoin Elliott Wave analysis for 14/02/2019: The consolidation continues, but not much bullish pressure so far. Technical market overview: The...
Posted On 14 Feb 2019
Elliott wave analysis of GBP/JPY for February 14, 2019
GBP/JPY dipped slightly below the ideal support at 142.63 (the low was seen at 142.44). Renewed upside pressure is is now expected for a break...
Posted On 14 Feb 2019
Elliott wave analysis of EUR/JPY for February 14, 2019
EUR/JPY dipped to just below the ideal support at 125.07 (the low came in at 124.83). Renewed upside pressure is now expected for a break above...
Posted On 14 Feb 2019
Technical analysis: Intraday Level For EUR/USD, Feb 14, 2019
When the European market opens, some economic data will be released such as Flash Employment Change q/q, Flash GDP q/q, German WPI m/m, and...
Posted On 14 Feb 2019
Technical analysis: Intraday level for USD/JPY, Feb 14, 2019
In Asia, Japan will release the Prelim GDP Price Index y/y and Prelim GDP q/q. The US will also publish some economic data such as Natural Gas...
Posted On 14 Feb 2019
Carney Warns Of “Economic Shock” From No Deal
Speaking to members of parliament in the UK yesterday, BOE governor Mark Carney delivered a more balanced message than what we hav...
Posted On 13 Feb 2019
Q4 Japanese GDP
We are finally about to get the data that JPY traders have been waiting nearly three months for: the GDP change rate. As you might expect, this...
Posted On 13 Feb 2019
Slowdown Worries Continue To Plague The Eurozone
The Eurozone’s economy got off to a sluggish start in 2019. Latest forward-looking indicators showed as some of the Eurozone’s major economies...
Posted On 13 Feb 2019
GBP/USD on February 13, 2019
GBP/USD The British pound rose by 34 points on Tuesday, mainly due to the general weakening of the dollar, as the speech of the Bank of...
Posted On 13 Feb 2019
USD/JPY on February 13, 2019
USD/JPY In the last three days, the Japanese yen has consistently and systematically fulfilled the tasks in order to strengthen growth; on Monday...
Posted On 13 Feb 2019
Elliott wave analysis of GBP/JPY for February 13, 2019
GBP/JPY has now broken above minor resistance at 142.63 confirming that wave iv/ completed with the test of 141.12 and wave v/ higher to 151.50...
Posted On 13 Feb 2019
Elliott wave analysis of EUR/JPY for February 13, 2019
EUR/JPY has finally broken clearly above minor resistance at 125.07 as we were looking for to confirm that wave ii has completed with the test of...
Posted On 13 Feb 2019
The price of oil is growing on the news of the imminent decline in its production in Saudi Arabia
Today, Brent oil prices are steadily growing following the announcement of Saudi Arabia Energy Minister Khalid al-Falih that the country intends...
Posted On 13 Feb 2019
EUR/AUD Approaching Support, Prepare For Bounce
EUR/AUD is approaching its support at 1.5888 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where it could...
Posted On 13 Feb 2019
XAU/USD Approaching Resistance, Prepare For Reversal
XAU/USD is approaching its resistance at 1314.84 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where...
Posted On 13 Feb 2019
Technical analysis: Intraday Level For EUR/USD, Feb 13, 2019
When the European market opens, some economic data will be released such as German 30-y Bond Auction and Industrial Production m/m. The US will...
Posted On 13 Feb 2019
Technical analysis: Intraday level for USD/JPY, Feb 13, 2019
In Asia, Japan will release the PPI y/y and the US will publish some economic data such as Federal Budget Balance, Crude Oil Inventories, Core...
Posted On 13 Feb 2019
RBNZ Interest Rate Decision And Statement
We could see some volatility in NZD pairs later in the Asian session around what is probably the most important and market-moving event of the...
Posted On 12 Feb 2019
UK Trade Deficit Widens On Brexit Stockpiling
Alongside the weaker than anticipated GDP print released yesterday, GBP was weighed down by data which showed a widening of the UK trade deficit...
Posted On 12 Feb 2019
SNB To Remain On Hold As ECB Tightening Postponed
With the ECB sounding more hawkish midway through last year, expectations of an eventual shift in policy by the SNB were building. However,...
Posted On 12 Feb 2019
New Zealand Unemployment Rate Rises To 4.3% In December 2018 Quarter
The latest unemployment report from New Zealand showed a disappointing performance from the labor market for the period. Data released by...
Posted On 12 Feb 2019
EUR/USD: plan for the European session on February 12. An important moment for buyers of the euro
To open long positions on EURUSD you need: Yesterday, another fall at the beginning of the week was quite expected, but now there is a real hope...
Posted On 12 Feb 2019
Wave analysis of GBP / USD for February 12. The pair is ready to complete the first wave
Wave counting analysis: On February 11, the GBP / USD pair lost about 85 bp, therefore going to the construction of an estimated wave of 5, 1, or...
Posted On 12 Feb 2019
Forecast for GBP/USD for February 12, 2019
GBP/USD On Monday, the release of data on the British economy disappointed as soon as it could. GDP for the 4th quarter grew by 0.2% against...
Posted On 12 Feb 2019
Fundamental Analysis of EUR/JPY for February 12, 2019
EUR/JPY is currently trading higher after breaking below 125.00 with a daily close recently. The price is expected to make a correctional decline...
Posted On 12 Feb 2019
AUD/USD for February 12, 2019
AUD/USD The Australian dollar was timidly approaching the support of the price channel line, towards the level of 0.7040, falling only by 48...
Posted On 12 Feb 2019
Elliott wave analysis of EUR/JPY for February 12, 2019
After a day of range-trading, we are still looking for a break above minor resistance at 125.07 to confirm wave ii has completed and wave iii...
Posted On 12 Feb 2019
Trading plan for EUR/USD for February 12, 2019
Technical outlook: We have presented the Daily chart for EUR/USD since September 24, 2018 till current date, to have a larger view of the...
Posted On 12 Feb 2019
Technical analysis: Intraday Level For EUR/USD, Feb 12, 2019
When the European market opens, no economic data will be released. The US will publish the economic data such as JOLTS Job Openings and NFIB...
Posted On 12 Feb 2019
Technical analysis: Intraday level for USD/JPY, Feb 12, 2019
In Asia, Japan will release the Prelim Machine Tool Orders y/y, Tertiary Industry Activity m/m, and M2 Money Stock y/y. The US will also publish...
Posted On 12 Feb 2019
BITCOIN Analysis for February 11, 2019
Bitcoin is currently residing above $3,600 area after an impulsive bullish pressure bouncing off the $3,360 support area recently. After breaking...
Posted On 11 Feb 2019
EUR/USD analysis for February 11, 2019
EUR/USD has been trading downwards. The price did a breakout of the key short-term multi-pivot trendline (1.3000), which is a sign that sellers...
Posted On 11 Feb 2019
WTI oil – only one support left
Time to update our traders about the situation on WTI oil, where in our opinion, the correction that started in December is coming to an end....
Posted On 11 Feb 2019
Technical analysis of NZD/USD for February 11, 2019
Overview: The NZD/USD pair breached resistance which had turned into strong support at the level of 0.6705 this week. The level of 0.6705...
Posted On 11 Feb 2019
Technical analysis of GBP/USD for February 11, 2019
Overview: The GBP/USD pair continues to move downwards from the areas of 1.3210 and 1.2913. Last week, the pair dropped from the level of 1.3210...
Posted On 11 Feb 2019
Analysis on COCA-COLA 11.02.2018
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero line. The oscillator Force Index is above the zero line....
Posted On 11 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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