BTCUSD $60,000 Possible
Bitcoin is coming under downside pressure alongside the rest of the crypto market this morning after Turkey banned cryptocurrency transaction. Recent weakness around the $63,000 level hinted that the BTCUSD pair may be about to stage a meaningful correction. In...
GBPUSD Make Or Break
The British pound has fallen sharply against the US dollar this morning as bulls failed to hold the pair above the technically important 1.3780 level. GBPUSD buyers need the price above the 1.3740 level to increase the chances of a...
EUR/USD Pair Is Now Correcting Lower And Trading Below 1.1980
The Euro gained pace after it broke the 1.1900 resistance zone against the US Dollar. The EUR/USD pair even broke the 1.1950 resistance to move into a positive zone. It spiked above the 1.1980 level and traded as high as...
GOLD Breaks March High
The yellow metal’s price has reached above the March high level zone that was located above the 1,755.00 level. On Friday, the price found support in the 1,760.00 level. Due to that reason the zone was extended and remains on...
FTSE Elliott Wave View: Pullback Should Continue To Find Buyers
Short term Elliott wave view in FTSE Index suggests that the rally from February 27 is unfolding as a 5 waves impulse Elliott Wave structure. Up from February 27 low, wave ((i)) ended at 6812.78 and pullback in wave ((ii))...
EURUSD Advances Freeze ahead of 1.2000 Mark
EURUSD has significantly improved extending above the simple moving averages (SMAs), yet it has come just short of the 1.2000 psychological number. The near-term rally, which found footing at the five-month low of 1.1703 has now retreated from the durable...
US Dollar Index Outlook: Dollar Index Falls To One-Month Low But Bears May Take A Breather
The dollar holds in red against its major counterparts for almost two weeks and hit one-month low on Thursday. Falling US Treasury yields and signals that the US central bank will keep ultra-low interest for some time, despite recent strong...
Market Morning Briefing: Aussie Has Bounced Well As 0.7580 Holds Good
STOCKS Equities remain mixed. Dow is stuck in between 33500 and 34000 while DAX between 15100 and 15300. They will have to break above 34000 (Dow) and 15300 (DAX) to move up further. Else a fall can be seen from...
Gold Snags Necessary Footing for Retest of Range’s Ceiling
Gold recently established some positive traction off the converged simple moving averages (SMAs) and the Ichimoku cloud’s upper surface, after failing to previously clear the resistance band of 1,756-1,760. Currently the SMAs do not confirm a commanding price direction, however,...
GOLD Remains Below 1,750.00
The sharp surge of the yellow metal’s price ended just before the metal reached the 1,750.00 level. Since the middle of Tuesday’s trading, the price was trading sideways between the 100-hour simple moving average and the 1,750.00 level. In the...
Signal2forex.com - Best Forex robots and signals




