Рубрика: Analysis and Reviews

Forex Analysis and Reviews

Trading plan 06/18/2018

Trading plan 06/18/2018 General picture: General uncertainty. Several problems of the world economy and politics at the same time: Trade conflict along the Trump lines — the EU and Canada; Trump — China — the acute phase of the crisis is scheduled for July. Conflict in the government Merkel and Merkel-party CDU: The issue of […]

Burning forecast 06/18/2018

Burning forecast 06/18/2018 EURUSD: Sell for a breakout of the lows of the week. The new week is poor for news. The only important event is the ECB forum, at which the head of the ECB, the forum will open on Monday. Draghi will speak at 18.30 local time (forum in Portugal). The sharp decline […]

AUD/NZD Testing Its Support, Potential Bounce!

AUD/NZD is testing its support at 1.0723 (78.6% & 50% Fibonacci retracement, 100% Fibonacci extension x2, horizontal overlap support) where we expect price to rise to its resistance at 1.0833 (50% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is testing its support at 5% where a corresponding rise is expected. Buy above 1.0723. […]