Рубрика: Analysis and Reviews

Forex Analysis and Reviews

Fractal analysis of GOLD as of August 14

Forecast for August 14: Analytical review on the scale of H1: According to Gold, the key levels on the scale of H1 are: 1203.06, 1198, 39, 1195.31, 1191.05, 1188.55 and 1183.34. Here, we follow the development of the downward cycle from August 3. The continuation of the movement downwards is expected after the passage at […]

NZD/USD Intraday technical levels and trading recommendations for August 14, 2018

Breakdown of 0.7220-0.7170 (neckline zone) was needed for a bearish breakout of the depicted consolidation range (0.7170 and 0.7350). A quick decline took place towards 0.6700-0.6800 where narrow ranged consolidation range was established. On July 7, evident bullish rejection pushed the NZD/USD pair above 0.6820 temporarily. However, lack of bullish momentum allowed evident bearish decline […]

Bitcoin analysis for August 14, 2018

Trading recommendations: According to the H1 time — frame, I found that Bitcoin is in the upward corrective phase but it is going on slow tempo, which is a sign that buyers don’t have enough power for larger upward correction. The trend is downward and my advice is to watch for potential selling opportuntiies if […]

Analysis of Gold for August 14, 2018

Recently, the Gold has been trading sideways at the price of $1,194.75. The price is trading below the pivot level ($1.199.27), which is sign that sellers are in control. I also found a potential bearish flag in creation, which is sign that downward trend may resume. My advice is to watch for potential selling opportunities […]

EUR/USD. 13 августа. Итоги дня. Долгожданная коррекция. На повестке дня санкции против Турции

4-hour timeframe Amplitude of the last 5 days (high-low): 41p — 57p — 55p — 94p — 148p. The average amplitude for the last 5 days is 79n (60p). Once again, there is no important macroeconomic report published in the euro area or the United States. These reports, which traders still do not pay attention […]