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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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Posted in Forex News Uncategorized

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

USD JPY The USD traded lower against the JPY and closed at 109.483. 1) Pair stalls between the quarter and year pivot. 2) Keep in mind that market is in RISK AVERSION. 3) Breakout of…

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Posted in Forex News

Technical Overview of GBP/USD Currency Pair

GBP USD The GBP traded higher against the USD and closed at 1.2711. 1) The pair closed in its weekly value areas. 2) A bullish sentiment after test of the VPOC may take the market upwards to…

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Posted in Forex Weekly Forecast

Weekly Fundamental Forecast

Major Forecast on Monday Bank of Japan (BoJ) Governor Kuroda Speech:- BOJ Governor Speech is an event having the greatest impact on JPY among all public statements made by the Japanese regulator. The Governor’s rhetoric…

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Posted in Forex News

Technical Overview of EUR/AUD Currency Pair

EUR AUD The EUR traded higher against the AUD and closed at 1.6201. I have been watching this pair since 4 days as it has many aspects lying inside it. 1 – Making a series…

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