Month: February 2019

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  AUD marked down on Lowe's admitting next rate move is evenly balanced

  Previously the RBA had said again and again that the next rate move was likely to be up. Lowe relented in his speech today, admitting[...]
  2019-02-07 23:09:04

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  Trading plan for 02/07/2019

  The dollar continued to strengthen, although a correction was expected long ago, but this was apparently prevented by Donald Trump, who made an unequivocal statement[...]
  2019-02-07 19:23:12

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  Wave analysis of EUR / USD for February 7. The third wave continues its construction

  Wave counting analysis:The trading on Wednesday, February 6, ended with another 40 bp decrease. Thus, the main scenario continues to be worked out, which involves[...]
  2019-02-07 19:23:12

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  EUR/JPY Approaching Support, Potential Bounce!

  EUR/JPY is approaching our first support level at 124.36 (horizontal swing low support, 23.6%, 78.6% Fibonacci retracement, 100% Fibonacci extension) where we expect a strong[...]
  2019-02-07 19:23:12

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  GBP/JPY Is Approaching Resistance, Lookout For A Reversal!

  GBP/JPY is approaching resistance at 146.02 (50%, 61.8% Fibonacci retracement, horizontal overlap resistance) where we expect price to drop to its support at 141.83 (50%[...]
  2019-02-07 19:23:12

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  The Fed will reduce the rate in case of a slowdown in global economic growth

  According to Janet Yellen, the former head of the Federal Reserve System (FRS) of the USA, the regulator can go on lowering the interest rate[...]
  2019-02-07 19:23:12

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  Analysis of Gold for February 07, 2019

  Sellers are in control in the Gold market. We found a confirmed head and shoulders pattern and absorption of the buying climax in the background,[...]
  2019-02-07 19:23:12

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  GBP/USD analysis for February 07, 2019

  The GBP/USD pair broke the short-term support at the price of 1.2925 and confirmed downside continuation. So far, we still see that sellers are in[...]
  2019-02-07 19:23:12

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  Control zones of AUD / USD pair 02.07.19

  The downtrend yesterday allowed implementing two downward models at once. The first goal was taken before the European session. Yesterday's trading closed below a weekly[...]
  2019-02-07 19:23:12

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  Technical analysis of GBP/USD for February 07, 2019

  Overview:The GBP/USD pair continues to move downwards from the areas of 1.3210 and 1.2913. Last week, the pair dropped from the level of 1.3210 to[...]
  2019-02-07 19:23:12

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