Technical Analysis for EURUSD (Daily)

Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD Currency trading was limited ahead of the FOMC policy results, the committee reiterated that it will probably raise rates at a gradual pace. The US Fed’s statement failed to clearly indicate an upcoming rate hike, and chances have diminished for a move during the June meeting. After […]






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Trading

Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Trading






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Trading FOREX AUD= closed down -0.015 at 0.759. Volume was 14% below average (neutral) and Bollinger Bands were 9% narrower than normal. Open High Low Close Volume___ 0.775 0.776 0.758 0.759 74,989 Technical Outlook Short Term: Oversold Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period […]






Technical Analysis for EURUSD (Daily)

Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD Major currencies’ pairs are mostly stable in Asia ahead of the upcoming Central Bank’s (Fed, BOJ) events. The London opening brought some USD selling interest, with Buck weakening Vs most of its major peers, and accelerating its decline after the release of March US Durable Goods orders, […]






Bitcoin Trading Outlook

Bitcoin Trading Outlook






Bitcoin looks like it is headed back to $500, the digital currency has almost doubled since October 2015. Interest in Bitcoin in China and the Middle East is still strong and in many countries just starting to grow. COSTAS INC COM (OTCMKTS:CSSI) a New Exchange in Dubai is expecting trading in that region to more […]






Technical Analysis for EURUSD (Daily)

Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EURUSD The majors currency pairs saw a lackluster Monday with little definitions, but the USD edged lower and the GBP outperformed due to diminishing fears over a Brexit. A light macro-economic calendar and some soft date in the US housing sector during the American afternoon led the Buck’s […]






Technical Analysis for EURUSD (Daily)

Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD The USD closed the week with a firm tone against most of its peers, mostly weighed by the nonevent that was the ECB meeting. The EURUSD pair closed the week a couple of pips above the 38.2% Fibo retracement of its latest Bullish run between 1.0821 and […]






US RMB Yuan Trading, Clearing Advocates Rally the Need

US RMB Yuan Trading, Clearing Advocates Rally the Need






US RMB Yuan Trading, Clearing Advocates Rally the Need The US market’s USD-centric approach is changing with the RMB Yuan becoming more internationalized. The heads of a US working group formed to push use of the Chinese currency in the United States claim that expanding RMB trading and clearing there will help both the Chinese […]






Technical Analysis for EUR/USD (Daily)

Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro $EURUSD EUR/USD Thursday, the market focus was the ECB and its economic policy meeting. As expected, the European Central Bank did not announce any new measures, centering on the implementation of the batch of policies announced last month. The USD turned South ahead of the event, and the EUR/USD […]






Bitcoin Trading Outlook

Bitcoin Trading Outlook






NYSE BitcoinIndx closed up 6.052 at 436.272. Volume was -0% below average (neutral) and Bollinger Bands were 67% narrower than normal. Open High Low Close Volume___ 430.216 436.272 430.216 436.272 0 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 426.47 417.14 345.91 Volatility: 11 36 67 […]






Technical Analysis for EUR/USD (Daily)

Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro $EURUSD EUR/USD The USD edged higher Vs most of its peers Wednesday, exception made by commodity currencies (AUD, CAD, NZD), which held on to gains as Crude Oil prices rallying to fresh yearly highs. The US EIA report surprised with a smaller-than-expected increase in Crude Oil stockpiles, and distillates […]