Рубрика: Analysis and Reviews

Forex Analysis and Reviews

Technical analysis of GBP/JPY for April 18, 2018

All our Downside targets which we predicted in yesterday’s analysis have been hit. GBP/JPY is expected to trade with a bearish outlook. The pair retreated from 153.85 and broke below both 20-period and 50-period moving averages. In addition, death cross between 20-period and 50-period moving averages has been identified. The relative strength is mixed with […]

Global macro overview for 18/04/2018

A Swiss franc has made a pretty huge impression on global investors recently. Over the last day, EUR/CHF caught by 1.1970, which is very close to the level of 1.20, when the SNB stopped defending the franc and provided one of the largest breakdowns.Weakness, however, has a rather strange basis. First of all, the last […]

Bitcoin analysis for April 18, 2018

Bitcoin (BTC) has been trading sideways at the price of $8.875. On Monday April 16, the Philippines opposition senator Leila M. de Lima asked her fellow bureaucrats to push the passage of the cryptocurrency bills she helped frame. The proposed bills aim to introduce a harsher penalty towards criminals who use cryptocurrencies during illegal activities. […]

Analysis of Gold for April 18, 2018

Recently, Gold has been trading sideways at the price of $1,345.25. According to the M30 time – frame, I found that price is respecting supply trendline, which is a sign that sellers are active. I also found a rounding top pattern, which is another sign of weakness. My advice is to watch for potential selling […]

GBP/USD analysis for April 18, 2018

Recently, the GBP/USD pair has been trading downward. After downbeat CPI y/y, price dropped and tested the level of 1.4173. Anyway, according to the H4 time – frame, I found very strong support at the price of 1.4175. I found a Fibonacci retracement 50% and Fibonacci expansion 161.8% at the similar level, which is a […]