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Posted in Forex News

Technical Overview of EUR/USD and GBP/USD Currency Pair

EUR USD EUR traded higher against USD and closed at 1.1050 • EUR/USD buoyed by USD, T-yields weakness amid trade uncertainty. • Bulls could face rejection at 100-DMA near 1.1095 in the short-term. • ECB-speak,…

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Posted in Forex News

Technical Overview of EUR/USD and USD/JPY Currency Pair

EUR USD EUR traded higher against USD and closed at 1.1021 • Early bounce on US data gives some relief to longs • Pair heavy on safe haven flows but holds above 61.8 Fib of…

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Posted in Forex Weekly Forecast

Technical Overview of the Commodities Gold and Silver

Overview of Gold 1) It is expected, that the price for gold could continue to decline. A potential downside target is the support level at 1,273 & Stalls @ the monthly pivot. 2) As it has…

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Posted in Forex News

Technical Overview of CAD/CHF and USD/CHF Currency Pair

CAD CHF The CAD traded lower against the CHF and closed at 0.7466. Confluence Playing Actively 1) Main trend is towards the South. 2) Formed MB/IB. 3) Formed Pivot Candle Support @ low of MB….

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Market Morning Briefing Friday
Posted in Market Morning Briefing

Market Morning Briefing by XtreamForex

EURUSD: bearish bias  for the coming week, expecting the pair to trade downward in a 1.1275-1.0950 range in the near-term. GBP/USD-No-Deal Brexit Risk Remains The Big Issue For Sterling. GBP remains highly sensitive to the risk…

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Posted in Forex Weekly Forecast

Overview of Gold – Bearish Sentiment May Seen

GOLD The XAU traded lower against the USD and closed at 1280.34. What do we have in the shiny material? 1) Bearish ABCD Pattern. 2) “C” @ 50% Retracement. 3) “C” @ Monthly Pivot. 4)…

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Market Morning Briefing
Posted in Market Morning Briefing

Market Morning Briefing by XtreamForex

1. The Bank of Canada released the Canadian Overnight Rate data, which came out in line with expectations of 1.75%.According to the official release: “Overall, recent data have reinforced Governing Council’s view that the slowdown…

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Posted in Forex News

Technical Overview of AUD/CHF Currency Pair

AUD CHF The AUD traded higher against the CHF and closed at 0.6972. 1) Formed Mb/IB. 2) 0.7006 Level of breakout Is very important because. 3) In confluence with previous Week Pivot. 4) 2 week Vpoc…

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Market Morning Briefing
Posted in Market Morning Briefing

Market Morning Briefing

1. Canada to present NAFTA ratification bill on Wednesday. 2. General Electric is planning to cut over 1K jobs in France, increasing the risk to set the American firm on the collision course. 3. On…

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Posted in Forex News

Technical Overview of AUD/JPY Currency Pair

AUD JPY The AUD traded higher against the JPY and closed at 75.703. 1) Pair in a tight range. 2) Pair forms a Support @ 77.50. 3) keep in mind that AUD announces time rate…

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