EUR/USD Bullish Break Kick Starts Reversal To 1.13?
Meta: EUR/USD is breaking the counter trend resistance lines for a potential bullish reversal. The bullish breakout could confirm a wave C (purple). Dear traders, the EUR/USD is breaking the counter trend resistance lines (dotted red) for a potential bullish...
What A Strange Week
Sentiment has taken a bit of a knock at the end of the trading week, as many stock exchanges around the world close is observance of Labor Day. It’s been a very strange week in all honest. We rallied early...
EURJPY Maintains Negative Tone Despite Bulls’ Efforts
EURJPY is currently stuck around the 117.24 level, that being the 50.0% Fibonacci retracement of the down leg from 119.03 to the 3-year low of 115.44. The pause trails a pivot at the 200-period simple moving average (SMA) after the...
USD/JPY Outlook: Bears Regain Control After Short Recovery Was Capped By Daily Cloud Top
The pair returns to red on Friday after short-lived recovery on Thursday was capped by daily cloud top/weekly cloud base (107.56/60 respectively) and closed below cracked daily Tenkan-sen (107.20). Fresh weakness attacks again cloud base (106.70) after the action in...
GBPUSD Outlook: Cable Pulls Back After Bulls Failed At 200DMA
Cable holds in red and some hundred pips below Thursday’s two-week high (1.2642), hit after 1% daily rally, sparked by month-end dollar’s sales. The rally was capped by key barriers at 1.2647 (14 Apr former high / 200DMA) and sterling...
GBPUSD Rallies On Further Bull Pressure
GBPUSD looks to correct further higher as it closed higher on Thursday. Support stands at 1.2550 area with a break below that level turning focus to the 1.2500 level. Further down, support lies at the 1.2450 level where a violation...
EUR/USD Outlook: Euro Holds Positive Tone After Thursday’s 0.5% Advance And Looks For Test Of Next Key Barriers
The Euro maintains positive tone and consolidating under new two-week high at 1.0972 in early Friday’s trading. The pair rallied strongly in the US session on Thursday, boosted by dollar’s month-end sell-off, advancing nearly 0.5% for the day, the biggest...
NZDUSD Cautiously Bullish Above Very Short-Term Trend Line And MAs
NZDUSD seems to have retraced slightly to the 0.6074 level – that being the 61.8% Fibonacci retracement of the down leg from the 0.6447 high to the 11-year low of 0.5468 – after the recent appreciation of the price above...
Aussie Turns Lower as Markets Reversing April’s Moves
Australian Dollar is leading commodity currencies broadly lower in Asian session today, as markets seem to be rushing to reverse April’s moves. Euro has somewhat taken the lead overnight, pulling Swiss Franc higher too, after initial reactions to non-eventful ECB....
Stocks making the biggest moves after hours: Amazon, Apple, Western Digital and more
Check out the companies making headlines after the bell. Amazon — The e-commerce giant’s stock tumbled 5% in extended trading after the company posted its first-quarter financial results. The company reported first-quarter earnings of $5.01 per share, which missed analysts’...
Signal2forex.com - Best Forex robots and signals




