Рубрика: Analysis and Reviews

Forex Analysis and Reviews

Daily analysis of Gold for November 22, 2017

Overview Gold price is still fluctuating around 1,281.17, settling inside the minor bullish channel. This keeps the chances valid to continue the bullish trend on the intraday- and short-term basis. We are waiting to confirm breaching the mentioned level to push the price towards 1,299.20 initially. Stochastic shows weakness of the bullish momentum that might […]

Daily analysis of Silver for November 22, 2017

Overview Silver is again trading in a tight range. The metal aims to move around 17.00 level again. Please note that settling above 16.56 represents the most important condition to continue the recently suggested bullish scenario. We are waiting until the metal gains strong momentum that supports the chances of breaching 17.43 level. This will […]

Bitcoin analysis for November 22, 2017

The Bitcoin (BTC) has been trading sideways at the price of $8.226. A principal regulator in the Philippines has announced: «The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code,» the country’s Commissioner, Emilio Aquino, of its Securities and Exchange […]

Global macro overview for 22/11/2017

An interesting statement was released by the Swedish central bank, Riksbank. According to it «high and rising household indebtedness currently poses the greatest risk to the Swedish economy.» Moreover, we can read that «it is important therefore that the proposal for a stricter amortization requirement is put in place. It is also important to implement […]

EUR/USD analysis for November 22, 2017

Recently, the EUR/USD pair has been trading 1.1740. According to the 15M time — frame, I found successful rejection from pivot level at the price of 1.1735, which is a sign that selling looks risky. I also found a broken supply trendline and a hidden bullish divergence on the stochastic oscillator, which is another sign […]