Short-term trading idea FX EURCHF - looking down: correction to the 38.2% Fibonacci level at 1.1372

Tags: 

Trading opportunities on the currency pair: since the euro’s collapse in 2015, it’s been trading within the boundaries of the 3-year B-B channel. Considering that the upwards impulse is running out of steam, my forecast is projecting an exit from the C-C channel and a decline to 1.1372. I’m expecting a downwards correction amounting to 38.2% of the upwards movement from 1.0625 to 1.1833.

Bitcoin Analysis for 26.01.2018

Tags: 

Brisbane Airport (BNE) in Australia will soon become the first cryptocurrency terminal, according to local media reports. The airport cooperates with local and international companies to make the entire airport friendly to customers with cryptocurrencies, along with shops, cafes and restaurants accepting Bitcoin, Ethereum and Dash.

Forecast and technical analysis EURUSD on January 26, 2017.

Tags: 

EURUSD: Trump has halted the dollar’s slide

Previous:
On Thursday the 25th of January, trading on the euro closed down on a day of high volatility. Sharp price fluctuations were seen on the major currency pairs as a result of comments from Trump, Mnuchin, Draghi, and Jordan.

Bitcoin Analysis for 25.01.2018

Tags: 

The ongoing World Economic Forum (WEF) 2018 has so far produced negative opinions about Bitcoin because economists, including Joseph Stiglitz, are preparing to proclaim the superiority of fiat money. "We have a good exchange medium called Dollar. Why do people want Bitcoin?"- asked Joseph Stiglitz, who was joined by the President of the National Bank of Switzerland, Thomas Jordan, who in his speech also supported the difficult limitations in the use of Bitcoin.

Forecast and technical analysis EURUSD on January 25, 2017.

Tags: 

EURUSD: dollar in freefall mode

Previous:
On Wednesday the 24th of January, trading on the euro closed up. Steve Mnuchin, the US Minister of Finance’s verbal intervention sent the dollar into freefall. At the World Economic Forum in Davos, Mnuchin said that the dollar’s decline is good for trade. In saying this, he gave the green light to speculators to short the dollar in the hope of improving macro-economic indicators.

Ichimoku cloud indicator analysis of Gold for January 25, 2018

Tags: 

Red line -short-term resistance.
Gold price is making new highs. Price is above both the tenkan- and the kijun-sen indicators. Support is at $1,342-$1,350. A pull back towards support can be seen today or even tomorrow. As long as price is above $1,320, the trend is bullish in the short term.

Pages

Subscribe to Currency Exchange RSS