Hello Guest, if you are reading this it means you have not registered yet. Please take a second, Click here to register, and in a few simple steps you will be able to enjoy all the many features of our fine community. Note that lewd or meaningless nicknames are prohibited (no numbers or letters at random) and please introduce yourself in the section for you to meet our community.
pcm brokers pcm brokers
Page 63 of 66 FirstFirst ... 13536162636465 ... LastLast
Results 621 to 630 of 654

Thread: EUR USD

  1. #621
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English

    XTREAMFOREX DAILY NEWS

    BITCOIN CASH, LITECOIN AND RIPPLE DAILY ANALYSIS – 20/08/18
    It’s a mixed start to the day across the majors, with Monday’s having been a testy time for investors of late. Things will likely liven up through the day.
    Bitcoin Cash Settles
    Bitcoin Cash gained 3.09% on Sunday, partially reversing Saturday’s 8.5% fall, to end the day at $571. Sunday’s moves left Bitcoin Cash flat for the week, Monday through Sunday, with Friday’s 16.8% rally all but a distant memory.
    An early morning pullback saw Bitcoin Cash fall to an intraday low $539.7, steering clear of the first major support level at $521.47, before support kicked in through the afternoon, with Bitcoin Cash moving through to an intraday high $583 before easing back, the day’s high falling short of the first major resistance level at $597.57.
    At the time of writing, Bitcoin Cash was down 0.5% to $568.1, with Bitcoin Cash pulling back from a start of a day morning high $576.8 to a low $567.3, the moves through the early hours leaving the major support and resistance levels untested.
    For the day ahead, a move back through to $570 levels would support a run at $580 levels to bring the first major resistance level at $589.43 into play, though for Bitcoin Cash to break through to $580 levels, a hold on to $560 levels is going to be needed through the morning.
    Failure to break back through to $570 levels could see Bitcoin Cash take a hit later in the day, with a slide through to sub-$560 levels bringing the day’s first major support level at $546.13 into play, before any recovery. We would expect Bitcoin Cash to hold above the major support level barring materially negative news hitting the wires.
    Read more:http://www.xtreamacademy.com/cryptocurrency-news



  2. #622
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    AUD/USD Forex Technical Analysis – Strengthens Over .7357, Weakens Under .7327

    Based on the current price at .7345, the direction of the AUD/USD into the close is likely to be determined by trader reaction to the 50% at .7327 and the 61.8% level at .7357. Holding inside .7382 and .7238 will suggest investor indecision and impending volatility. I don’t think the AUD/USD will stay inside this zone too long, however.
    The Australian Dollar is trading higher at the U.S. mid-session, following through to the upside after Friday’s dramatic recovery was fueled by the ousting of one prime minister and the appointment of another. Increased demand for risky assets as well as dovish comments from Fed Chair Jerome Powell on Friday have also been supportive.
    At 1730 GMT, the AUD/USD is trading .7345, up 0.0025 or +0.34%.
    {alt}
    Daily AUD/USD
    Daily Technical Analysis
    The main trend is down according to the daily swing chart. A trade through .7382 will change the main trend to up. A move through .7202 will signal a resumption of the downtrend with .7159 the next downside target.

    The minor trend is also down. The new minor bottom is .7238.
    The main range is .7453 to .7202. Its retracement zone at .7327 to .7357 is currently being tested. The near-term direction of the AUD/USD will be determined by trader reaction to this zone.
    Daily Technical Forecast
    Based on the current price at .7345, the direction of the AUD/USD into the close is likely to be determined by trader reaction to the 50% at .7327 and the 61.8% level at .7357.

    Taking out .7357 late in the session will indicate the buying is getting stronger. If this creates enough upside momentum then look for the rally to possibly extend into the main top at .7382. This is a potential trigger point for an acceleration to the upside. The daily chart shows there is room to run with .7453 the next potential upside target.
    A failure to hold .7327 will signal the presence of sellers. If this level fails then look for a possible retracement of the first leg up from .7238. This level is approximately .7294.
    Holding inside .7382 and .7238 will suggest investor indecision and impending volatility. I don’t think the AUD/USD will stay inside this zone too long, however.
    Read more:http://xtreamacademy.com/category/forex-forecast



  3. #623
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    Gold Price Forecast – Gold markets continue to grind higher
    Gold markets rallied significantly over the last couple of days, but the Tuesday session was a bit more tepid. However, we continue to grind higher, and I think we will go looking towards the $1225 level eventually. The market continues to be very resilient.
    Gold markets continue to be very positive overall, grinding higher and towards the $1225 level. I believe that the market will probably continue to be somewhat resilient, but at this point I think we may need to take a bit of a breather as the $1225 level is a major round figure. There is a lot of attention at that level historically, so I think it’s only a matter of time before we will have some significant resistance. However, if we can clear that level, I think the market will then end up being very bullish and should continue to go even higher. The reality of the situation is that the market is probably paying more attention to the US dollar at this point than anything else, so if it continues to be somewhat tepid, that should help Gold markets overall. I think gold got a little oversold, but it wouldn’t take much to have people spooked right back into the greenback, and that of course could cause major issues. Overall, I believe that the attitude of gold should remain positive long term, but we will of course have major pullbacks as there is still plenty of fear out there just waiting to be launched.
    The $1200 level continues to be psychologically important, so keep that in mind. If we were to break down below it, then I think that could accelerate the selling. If we break above the $1225 level, then I think the next target is probably $1250 after that.
    Read more:https://www.xtreamacademy.com/category/forex-news/




  4. #624
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    EUR/USD Resilience Accompanied by Shift in Retail Sentiment
    The near-term rebound in EUR/USD appears to be losing steam as it snaps the series of higher highs & lows from the previous week, but a broader shift in market behavior appears to be taking shape as both price and the Relative Strength Index (RSI) threaten the bearish trends from earlier this year.
    Even though the Federal Open Market Committee (FOMC) is widely expected to raise the benchmark interest rate in September, the central bank appears to have little to no interest in speeding up the normalization process as Chairman Jerome Powelltalks down the risk for above-target inflation.
    In turn, the FOMC may opt for a dovish rate-hike on September 26 as ‘participants observed that if a large-scale and prolonged dispute over trade policies developed, there would likely be adverse effects on business sentiment, investment spending, and employment,’ and the U.S. dollar my exhibit a more bearish behavior over the remains of the year if Chairman Powell & Co. continue to project a neutral Fed Funds rate of 2.75% to 3.00%.
    At the same time, the IG Client Sentiment Report shows 39.6% of traders are now net-long EUR/USD, with the ratio of traders short to long at 1.52 to 1 even though the exchange rate breaks the monthly opening range.In fact, traders have been net-short since August 21 when EUR/USD traded near 1.1575. The number of traders net-long is 1.7% higher than yesterday and 5.6% lower from last week, while the number of traders net-short is 2.3% higher than yesterday and 8.8% higher from last week.
    The recent shift in retail positioning offers a contrarian view to crowd sentiment as there appears to be a more dynamic shift in trader behavior, with the topside targets still on the radar for EURUSD as bothprice and Relative Strength Index (RSI) threaten the bearish trends from earlier this year. Sign up and join DailyFX Currency Analyst David Song LIVE for an opportunity to discuss potential trade setups.
    EUR/USD DAILY CHARTImage of eurusd daily chart
    The advance from the 2018-low (1.1301) may continue to gather pace as EUR/USDbreaks the monthly opening range, with a close above the 1.1640 (23.6% expansion) to 1.1680 (50% retracement) region raise the risk for a move back towards 1.1810 (61.8% retracement), which largely lines up with the July-high (1.1791).
    Read more:www.xtreamforex.com

  5. #625
    Moderator
    Join Date
    Jun 2013
    Location
    dubai
    Posts
    1,096
    Post Thanks / Like
    Credits
    11,458
    My Language
    English
    HI

    Total signals last two months :
    +3148 pips
    https://t.me/signalhha
    Last edited by PCMAnalyst; 09-01-2018 at 10:37 AM.

  6. #626
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    Bitcoin – $7,300 the Line in the Sand for the Bulls

    Bitcoin recovered from early losses this morning, while strong resistance at $7,300 continues to be a struggle for the Bitcoin bulls.
    Bitcoin slipped by just 0.47% on Monday, partially reversing Sunday’s 1.43% gain, to end the day at $7,265.7, the trend of Monday losses resuming after having managed to kick off the previous week on the front foot.
    In line with the broader market, Bitcoin slipped from a start of a day morning high $7,324.8 to an early morning intraday low $7,200 before finding support, the early reversal seeing Bitcoin steer clear of the day’s first major support level at $7,147.27.
    Support through the late morning and early afternoon led Bitcoin through to an intraday high $7,369, the day’s high coming within reach of the 38.2% FIB Retracement Level of $7,376 before pulling back.
    Selling pressure at the 38.2% FIB Retracement Level continues to pin Bitcoin back from more material gains, with a late in the day reversal seeing Bitcoin slide back to $7,200 levels to leave the extended bearish trend intact.
    The lack of a major move through the day left the broader market on the defensive, in spite of the news wires being relatively quiet on the regulatory front, investors locking in profits at the start of the week in anticipation of more regulatory chatter through the month.
    While the news wires were on the quieter side, the latest CFTC Commodity of Traders report showed that there was a reversal in the previous week’s rise in long positions, with long positions falling from 2,160 to 1,974, to give the bears a stronger grip, short positions rising from 3,426 to 3,446 according to the latest available report released on 31st August for data as at 28th August.
    We can expect Bitcoin and the broader market to respond to the month end numbers once released, with any bounce back in the longs supporting another run at the 38.2% FIB Retracement Level of $7,376 and the beginnings of a near-term bullish trend.
    At the time of writing, Bitcoin was up 0.21% to $7,282.7, with Bitcoin recovering from a dip to a morning low $7,255.4 to strike a morning high $7,298.5 before easing back, with resistance at $7,300 continuing to be a hurdle for the Bitcoin bulls following Monday’s moves.
    While failing to break back through to $7,300 levels, leaving the day’s first major resistance level at $7,356.47 untested, the morning low also saw Bitcoin steer clear of the day’s first major support level at $7,187.47.
    Read more:http://xtreamacademy.com/category/cryptocurrency-news/







  7. #627
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    A Dollar Pullback on Hopes of a NAFTA Deal or More Pain to Come

    It’s all about trade and, with Trump’s 6th September deadline likely to end with more tariffs on China, NAFTA remains the market’s lifeline.
    Earlier in the Day:

    Economic data released through the Asian session this morning was limited to July trade data out of Australia, as the global financial markets continued to be gripped by trade fever, Trump’s 6th September deadline rattling markets going into this morning’s session.
    For the Aussie Dollar, following the better than expected GDP numbers for the 2nd quarter, the trade surplus narrowed from A$1.873bn to A$1.551m in July, which was better than a forecasted narrowing to A$1.4bn. According to figures released by the ABS:

    • Goods and services credits fell A$362m (-1%) to A$36,070m, the decline attributed to non-monetary gold exports falling A$189m (-10%), non-rural goods falling A$138m (-1%) and rural goods falling by A$76m (-2%).
    • The import of goods and services rose by A$24m to A$34,519m, with the rise attributed to intermediate and other merchandise goods rising by A$605m (+10%) and non-monetary gold imports rising by A$69m (+11%), with services up A$109m (+1%). The gains were offset by an A$429m (-6%) fall in the import of capital goods and an A$329m (-4%) fall in the import of consumption goods.

    The Aussie Dollar moved from $0.71968 to $0.71966 upon release of the figures, before easing to $0.7196 at the time of writing, up 0.04% for the session.
    Elsewhere, the Japanese Yen was up 0.25% to ¥111.28 against the U.S Dollar, a softening in the Dollar in the early hours providing much needed support, with the Kiwi Dollar up 0.12% to $0.6602, some risk appetite returning to the markets on hopes of a deal between the U.S and Canada.
    In the equity markets, it was a mixed bag, with the CSI300 and Hang Seng kicking off the day in positive territory, while the ASX200 was down 0.95% at the time of writing, tech and mining stocks contributing to the early slide. Things were not much better for the Nikkei, which was down 0.42%, with a stronger Yen and tech sell-off in the U.S weighing through the early part of the day.

    The Day Ahead:

    For the EUR, economic data scheduled for release this morning is limited to July factory order figures out of Germany. Following a slide in orders at the end of the 2nd quarter, any weakness in orders at the start of the 3rd quarter would be a negative for the EUR, particularly following the latest manufacturing PMI number that came in at 55.9 in August, compared with July’s 56.9.
    Outside of the stats, an escalation in the ongoing trade war between the U.S and China and any lack of progress between the U.S and Canada would be of influence, as will any chatter from Italy through the day.
    At the time of writing, the EUR was up 0.14% to $1.1646, with geo-politics and today’s stats out of Germany to provide direction.
    For the Pound, with no material stats scheduled for release through the day, focus will remain on Brexit, with talk of Germany and the UK finding common ground on Brexit having given the Pound a boost on Wednesday to partially reverse Monday’s tumble.
    At the time of writing, the Pound was up 0.15% to $1.2925.
    Across the Pond, economic data is on the heavier side for the day ahead, with key stats scheduled for release including August ADP nonfarm employment change figures, July factory orders, August service sector PMI numbers, the markets preferred ISM figures to have a greater influence, with 2nd quarter nonfarm productivity and unit labour cost and finalized durable goods order numbers also due out that will likely have less of an impact on the Dollar.
    While the nonfarm and ISM non-manufacturing PMI will have the greatest influence from a data perspective, Trump’s 6th September deadline on rolling out tariffs on an additional $200bn worth of Chinese goods may well overshadow the stats, demand for the Dollar expected to jump should Trump give the green light.
    Read more:http://xtreamacademy.com/category/forex-news/





  8. #628
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    Bitcoin – $6,000 Avoided for Now as the Bulls Step in

    It’s a positive start to the day following late Sunday’s news driven reversal, though holding on to early gains may be a challenge.
    Bitcoin gained 1.13% on Sunday, partially reversing Saturday’s 3.32% fall, to end the day at $6,255, the day’s gain bringing to an end 5 consecutive days of losses to leave Bitcoin down 14.3% for the week.
    A particularly choppy day saw Bitcoin fall back to an early intraday low $6,140.5, before finding support from a broad based cryptomarket rally, the morning low steering clear of the day’s first major support level at $6,044.43 and more importantly, sub-$6,000 levels.
    With a late morning rally kicking in, Bitcoin broke through the day’s first major resistance level at $6,400.43 to an intraday high $6,458.9 before succumbing to profit taking late in the day that saw Bitcoin slide back to an evening low $6,211.6.
    A partial recovery in the final hour provided Bitcoin with some relatively minor gains for the day, the late in the day sell-off reflective of investor jitters ahead of this week’s EU finance minister gathering and further possible updates from the SEC and the G20 on Bitcoin ETFs and the heavily anticipated set of unified rules and regulations for G20 members.
    On the news front, news of the SEC suspending exchange traded Bitcoin and Ether investment products likely contributed to the late in the day reversal, with the suspension another reminder of how influential both regulators and governments can be on the direction of Bitcoin and the broader crypto market.
    At the time of writing, Bitcoin was up 1.05% to $6,305.7, with Bitcoin managing to reverse Sunday’s late in the day sell-off in the early hours, Bitcoin rising from a start of a day morning low $6,239.9 to a morning high $6,373.7 before easing back.
    Read more:http://xtreamacademy.com/category/cryptocurrency-news/




  9. #629
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    Bitcoin – Bulls Continue to Hold On, $6,400 Needed to Avoid a Reversal

    Bitcoin’s held on to positive territory early, having eased back from an early test of resistance levels, any sideways move possibly hurting later.
    Bitcoin rose by 1.44% on Monday, following on from Sunday’s 1.13% gain, to end the day at $6,330.
    A positive start to the day saw Bitcoin move through to an early intraday high $6,373.7 before easing back, the day’s high seeing Bitcoin fall short of the first major resistance level at $6,429.1.
    Tracking the broader cryptomarket through the morning and early afternoon, Bitcoin succumbed to selling pressure, falling back to a late afternoon intraday low $6,219 before recovering, Bitcoin managing to steer clear of $6,100 levels and the day’s first major support level at $6,110.7.
    A late recovery saw Bitcoin buck the broader market trend, with Bitcoin breaking back through to $6,300 levels and into positive territory for the day.
    In spite of a second consecutive day of gains, the extended bearish trend continues to remain intact, with Bitcoin yet to take a run at the 23.6% FIB Retracement Level of $6,757 needed to bring $7,000 levels into play that would support the formation of a bearish trend reversal.
    On the news front, regulatory news weighed on the crypto market in the early part of the, the decision by the SEC to suspend a number of cryptocurrency trading products adding fuel to the already negative sentiment seen across the cryptomarket.
    At the time of writing, Bitcoin was up 0.18% to $6,326.1, with Bitcoin seeing Monday’s late in the day recovery continue into the early hours, Bitcoin rising from a start of a day morning low $6,292.7 to an early morning $6,399.6 high before reversing.
    The moves through the early part of the day saw Bitcoin steer clear of the day’s first major support level at $6,241.43, while testing the day’s first major resistance level at $6,396.13 before pulling back.
    For the day ahead, a move back through the day’s first major resistance level at $6,396.13 would support another run at $6,400 levels to bring the day’s second major resistance level at $6,462.27 into play, though for Bitcoin to break out from the first major resistance level, sentiment across the broader market will need to materially improve ahead of Thursday’s EU finance ministers meeting.
    Read more:http://xtreamacademy.com/category/cryptocurrency-news/



  10. #630
    Senior Trader
    Join Date
    Nov 2015
    Posts
    144
    Post Thanks / Like
    Credits
    608
    My Language
    English
    AUD/USD Forex Technical Analysis –Trend Traders Likely to Defend .7224 to .7257 Retracement Zone

    Thursday’s close fell inside a pair of 50% levels at .7157 and .7224. This means the direction today is a toss-up.
    The Australian Dollar closed higher on Thursday, underpinned by stronger-than-expected employment data and pushed higher by weaker-than-expected U.S. Consumer Inflation data.
    The jobs data was good enough to drive up Australian Government bond yields, making the Aussie a more attractive asset, at least for one day. However, it won’t have any long-term implications unless it leads to higher wages, and consequently higher inflation.
    At 0136 GMT, the AUD/USD is trading .7191, up 0.0006 or +0.08%.
    The U.S. CPI data won’t alter the Fed’s plans to raise rates later this month, but when combined with yesterday’s weak Producer Inflation data, it could mean the central bank is nearing neutrality.
    Daily Swing Chart Technical Analysis

    The main trend is down according to the daily swing chart. However, momentum shifted to the upside on Tuesday with the formation of a closing price reversal bottom.
    A trade through .7085 will negate the closing price reversal bottom and signal a resumption of the downtrend. A move through .7363 will change the main trend to up.
    The minor trend is also down. A trade through .7235 will change the minor trend to up. This move will reaffirm the shift in momentum.
    The main range is .7363 to .7085. Its retracement zone at .7224 to .7257 is the primary upside target. Thursday’s rally stopped inside this zone at .7230.
    The new short-term range is .7085 to .7230. If the late session selling carries over into Friday then its retracement zone at .7157 to .7140 will become the primary downside target. A test of this zone will be very important to the chart’s structure because aggressive counter-trend buyers may try to form a secondary higher bottom.
    Read more:https://www.xtreamforex.com/academy/...orex-forecast/



  11. ARIONFORXtarder
 

 
Page 63 of 66 FirstFirst ... 13536162636465 ... LastLast

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Powered by vBulletin® Version 4.2.4
Copyright © 2018 vBulletin Solutions, Inc. All rights reserved.
Credits System provided by vBCredits II Deluxe v2.1.1 (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like v3.3.0 Patch Level 2 (Lite) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
All times are GMT +4. The time now is 11:04 PM.
CompleteVB skins shared by PreSofts.Com