Norton
EURUSD Potential For Bearish Drop
Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. However, the price seems to be heading towards the Ichimoku cloud, so I am looking for a sell at 1.04818, where the 38.2% Fibonacci line is. Stop loss
Breaking news: GBPJPY, the pullback is back.
The previous scenario had revealed the existence of a symmetrical triangle, awaiting pullback confirmation, following a bearish breakout. Even though it had been thought for a while that this bearish scenario would be invalidated. A new analysis confirms that in reality, it is valid and even already
EUR-GBP Bearish Bias! Sell!
EUR-GBP is trading in a falling wedge and the pair will soon retest a falling resistance which confluences with the horizontal supply level. Thus I am bearish biased and I expect the price to fall down after the resistance cluster is retested properly. Sell! #OPINIONLEADER#
GBPUSD another short opportunity
GBPUSD is providing us with another short opportunity on the 4h chart. The GBP pairs together with most of the EUR pairs are getting weaker due to the uncertain situation of the new cold war with Russia and the market seems to lose momentum after the attempt to break above the weekly resistance that
USDJPY SHORT
Possible downward movement of the pair. The price is currently in a trading formation zone with significant volume , maintaining an interesting rejection at the top of this zone, reported in indicators such as the Squeeze Momentum and MACD histogram, change of direction to bearish , together with a
The Russia-Ukraine crisis: The market reaction so far
Russia's recognition of the Donetsk and Lugansk People's Republics (DLPR) has sparked global outrage and triggered the first tranche of sanctions. Although Russian markets are closed for a public holiday, offshore trading shows a continued sell-off in Russian USD debt. We take a look at the cross-ma
USD/CHF Daily Outlook
Daily Pivots: (S1) 0.9185; (P) 0.9202; (R1) 0.9223;
Intraday bias in USD/CHF remains on the downside for the moment. Corrective rebound from 0.8998 has completed with three waves up to 0.9304. Further fall should be seen for retesting 0.8998 low. On the upside, break of 0.9218 minor resistance will
Federal Reserve FOMC September meeting minutes are due this week - preview
The Federal Open Market Committee met on September 15 and 16. the minutes from that meeting are due Wednesday October 7
at 1800 GMT
A quick preview via Scotia, in summary (bolding mine):
the ... meeting ... introduced unexpected dissension in the ranks when two officials voted against the sta
Pull-up Update