Daily Forex Market Preview, 20/09/2018 The U.S. dollar pulled back on Wednesday amid a slight improvement in the emerging markets. Economic data was mostly quiet from the U.S. Consumer prices in the UK advanced 2.7% on the year ending August 2018. This beat the median forecasts of a 2.4% increase. Core CPI also advanced 2.1% beating estimate...
Daily Forex Market Preview, 19/09/2018 The U.S. dollar was seen trading down on Tuesday. Fresh news about the U.S. slapping China with higher tariffs was met by China responding in the same. The markets were however to the reports. Economic data on the day was sparse. [shortcode-variables slug="act_tradeideas"] In New Zealand, the curr...
The DAX, as it's most commonly known, is the largest of the indices on the European mainland, generally seen as the benchmark for core economic performance. The name is an abbreviation of Deutscher Akienindex (German stock index) and is run by Xetra - itself a subsidiary of Deutsche Boerse. The 30 part indicates that it has that number of compon...
British pound managed to hold advance wave after broke above 1.3090 where market cloing from target 1.3200 As we see over the chart, Pound seems building a Rising Wedge formation which may push market for a drop correction toward 1.2900-20 zone and that will stand as long as market holding trades below resistance 1.3200-15 Below 1.3100 the...
Intraday Levels showing a resistance zone of Euro around 1.1720-35 which if managed to stop the market another drop correction toward 1.1600-20 will be expected Below 1.1600 more drop to test 1.1500-30 support zone is expected While above 1.1735 more advance toward 1.1800-50 zone is expected which in turn may provide a drop correction towa...
As we advised 3 weeks ago and as we see over our previous chart Dow managed to met Short-Run target 26100-200 Market still trying to break above 26200-40 while market still looking for this short-run resistance zone 26100-200 as a point that downtred wave may occur Intraday Levels showing support zone around 25950 where as lo...
we still holding our last view over Gold while market showing advance chance for Dollar the Gold still holding trades above 1187-89 where the chance for new advance wave to head toward 1225 and 1236 may be possible Below 1187 the downtrend pressure may back to affect market to head toward 1160 ...
Crude oil still holding same old formation where as long as market holding trades above 66.30 support zone more advance toward 71.60-70 and 74.00 zone will be expected Below 66.30 market may head for farther drop toward 64.00-50 zone Support Resistance Level 1 69.00 ...
USDJPY managed to test resistance 112.15 zone while market still trying to head for break if market failed to break above 112.15 another drop correction may hit market toward 111.00-20 zone before another advance wave control market Above 112.15 market may have chance for farther advance toward 113.00-30 zone ...
Daily Forex Market Preview, 18/09/2018 The U.S. Dollar eased back on Monday. The declines came after a renewed threat of trade tariffs. The U.S. administration announced that it would impose new tariffs of 10% on over $200 billion in goods imported from China. A further increase to 25% is expected from January. President Trump warned that re...
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