Рубрика: Analysis and Reviews

Forex Analysis and Reviews

Intraday technical levels and trading recommendations for EUR/USD for April 20, 2018

Daily Outlook The EUR/USD pair remains trapped between the price levels of 1.2200 and 1.2500 until a breakout occurs in either direction. Daily persistence above 1.2470-1.2500 was needed to confirm a recent bullish flag continuation pattern with projected targets around the price level of 1.2750. However, significant signs of bearish reversal were manifested around the […]

A weak dollar corresponds to US goals

The US dollar still looks rather weak against the major G7 currencies even against the backdrop of good macroeconomic indicators. The report on retail sales for March came in line with expectations, a small increase indicates a stable level of consumer demand. The dynamics of the construction sector is also positive, industrial production growth was […]

Burning forecast 04/19/2018

Burning forecast 04/19/2018 The EURUSD is preparing a breakout range. The main event of the last day (Wednesday) is the report of the Fed Beige Book. As usual, 14 days before the Fed meeting, a report on the state of the economy is published based on the collection of reports from 13 regional banks of […]

Daily analysis of Silver for April 19, 2018

Overview The silver price rallied upwards strongly yesterday, breaching and settling above 16.80 levels. It ended the sideways trading that started in early February. The way towards positive targets that start at 17.43 is open now. Therefore, the bullish trend is expected in the upcoming sessions conditioned by the price stability above 16.80 and 16.56. […]