Monday, 18 September 2017
Eur / Usd- retreats to short-term support
Technically upward trend persists as EURUSD has been trading, updating highs since April of this year. Market closed the previous week with a decline, and for the second time in the last month tested the support at 1.1836.
However, the level held the ground, and the market formed bull tail bars indicating that bulls still control the situation. Thus, the level of 1.1836 is the main level of support, from which it is advisable to consider the opening of long positions.
Longs when the market corrected to the support area 1.1836.
Aud / Usd - uptrend persists
Last week AUDUSD came under pressure amid general strengthening of the USD dollar. Nevertheless, the level of 0.7955 proved its stability, as the market opened above this level. The range 0.7900 - 0.7870 acts as the main support from where players will open longs, expecting the market's upward pullback. Strategic support still is located in the area of 0.7800
Long at 0.7870-0.7800
GOLD - Gold under pressure, retreats to $ 1300
After two unsuccessful attempts to seize the initiative and take the level of $1334, the bulls temporarily gave up and retreated. Gold fell under pressure and gradually recedes the last two sessions to $1312.
This week the main fight will be for strategical level of $ 1300.00 and it looks like that is where the yellow metal goes. Technically, the upward trend remains in force and it is advisable to go long at this mark.
Longs at $ 1300- $ 1285
Subscribe to:
Post Comments
(
Atom
)
Blog Archive
- August ( 1 )
- July ( 1 )
- June ( 7 )
- May ( 2 )
- April ( 2 )
- March ( 5 )
- February ( 8 )
- January ( 14 )
- December ( 3 )
- November ( 11 )
- October ( 10 )
- September ( 4 )
- August ( 10 )
- July ( 3 )
- June ( 5 )
- May ( 12 )
- April ( 12 )
- March ( 38 )
- February ( 34 )
- January ( 36 )
- December ( 16 )
- November ( 36 )
- October ( 27 )
- September ( 34 )
- August ( 58 )
- July ( 58 )
- June ( 35 )
- May ( 92 )
- April ( 69 )
- March ( 69 )
- February ( 63 )
- January ( 48 )
- December ( 27 )
- November ( 78 )
- October ( 104 )
- September ( 113 )
- August ( 119 )
- July ( 53 )
- June ( 107 )
- May ( 49 )
- April ( 53 )
- March ( 54 )
- February ( 46 )
- September ( 1 )
- August ( 24 )
- October ( 4 )
- September ( 6 )
- August ( 3 )
- July ( 6 )
- June ( 3 )
- May ( 1 )
- April ( 1 )
- March ( 6 )
- February ( 4 )
- January ( 4 )
- December ( 4 )
- November ( 4 )
- October ( 3 )
Labels
- what’s next ( 553 )
- trading signals ( 230 )
- Wall Street ( 197 )
- Crypto ( 174 )
- this is interesting ( 162 )
- company news ( 93 )
- motivation ( 78 )
- weekly outlook ( 64 )
- trading tips ( 52 )
- fundamental review ( 48 )
- politics ( 45 )
- about us ( 43 )
- success tips ( 34 )
- promotion ( 32 )
- Buy ( 14 )
- sell ( 13 )
- how to ( 12 )
- Bonus.Welcome Bonus ( 10 )
- Bonus ( 8 )
- Equities ( 8 )
- RateBattle ( 8 )
- technical analysis ( 8 )
- gold ( 7 )
- stocks ( 7 )
- no deposit bonus ( 6 )
- deposit bonus ( 3 )
- Cash4Signal ( 2 )
- Contest ( 2 )
- Welcome Bonus ( 2 )
- 10% cashback ( 1 )
- Weekly trading ( 1 )
- Weekly trading statistics ( 1 )
- no deposit bonus! ( 1 )
© Fort Financial Services - EN 2017 .
No comments :
Post a Comment