AUDUSD Stretches Bullish Wave To Fresh 2 ½-Year High
AUDUSD’s impressive rally shows no signs of abating as the pair is set to explore the 0.7600 zone for the first time in 2 ½ years. The pair seems to have completed a three-step corrective cycle (a-c) and is currently...
Dollar Index Registers its Worst Year Since 2017; Eyes on 90.00 Level
The US dollar index (futures) had one of its worst years since 2017 despite the impressive rally to a 3 ½-year high of 103.79 in March. The index is set to post a yearly loss of around 7.0% and unless...
XAU/USD Trades Above 1,850.00
During today’s morning, the XAU/USD exchange rate raised to the 1,865.00 level. It is likely that yellow metal could gain support from the Fibo 23.60% at 1,860.59 and trade upwards against the US Dollar in the nearest future. The rate...
WTI Crude Oil Advances To A Nine-Month High
Oil prices are trading bullish once again following the previous few sessions where price action was rather subdued. As the bullish momentum slowly grips, oil prices are seen advancing to the previously formed nine-month high. A continuation to the upside...
WTI Futures Take a Breather; Upside Risks Remain Solid
WTI oil futures improved mildly off the Ichimoku lines but are struggling to restart the upwards trajectory with a breakout of the small sideways move. The fairly horizontal Ichimoku lines reflect the stall in positive momentum, while the rising simple...
USD/JPY Trades Below 104.20
Since Monday, the USD/JPY currency pair has been testing the resistance formed by the 100– and 200-hour SMAs, as well the weekly PP in the 104.15 area. If the predetermined resistance holds, it is likely that the exchange rate could...
EUR/USD: Better Than Expected Industrial Production
Official data showed that industrial production in the Eurozone rose 2.1% on month in October, better than +2.0% expected. The European Union is also still in talks with the U.K. over a post-Brexit trade deal. EUR remains on the upside....
US 500 Index Gaps Higher; Holds ATH in its Scope
The US 500 index (Cash) gapped above the 50-period simple moving average (SMA) today re-establishing a positive bearing towards the upper Bollinger band, near the recent all-time high of 3,715. The dictating bullish bearing in the SMAs remains robust even...
More and More Risks Appear Around Pound
December 13th was the deadline for the negotiations between British and European politicians about the conditions of the United Kingdom’s exiting the European Union. However, no decisions have been made and there is no extra time to make them. There...
EUR/USD Holding Support, GBP/USD Starts Fresh Decrease
Key Highlights EUR/USD remained well supported above 1.2050 and 1.2080. It is facing a strong resistance near the 1.2160 and 1.2175 levels. GBP/USD failed to extend gains and declined sharply below 1.3300. Crude oil price rallied above $47.50 before correcting...
Signal2forex.com - Best Forex robots and signals




