Thursday, 31 January 2019
Trading signals
The most important and interesting points of Wednesday session for FOREX market is that traders received a solid confirmation of USD dollar weakness. Amid strategicla news FX markets managed to break through strong technical levels and moved the price into new ranges. This primarily means that USD dollar weakness was designed and we have to keep it in mind in our trading decisions.
EUR/USD
News background allowed the traders brake through 1.1430 resistance on the move and develop the surge up to strategical level 1.1515. if 1.1430 mark was of a tactical nature than this new area has a strategical importance for entire market. It is this level that divides two long-lived phase of EUR/USD market. The market has approached the area of overbought conditions and the move higher without correction seems impossible. But in the market it is nothing impossible and if bulls manage to fix above 1.1500 today it will be a big psychological victory. Tactical support is located around 1.1475-1.1465. In general we believe that the global change in market expectation is able to send quotes higher at least to 1.1575-1.1600. We look for interesting and safe entry-points to join the market movement.
Trading recommendation – longs in the area of the first resistance 1.1465-1.1475
GBP/USD
It is interesting enough that USD dollar weakness was ignored by GBP/USD market. It is not a big surprise given gains that GBP displayed last week. On Monday GBP/USD has approached a strong level of resistance 1.3140 but Brexit uncertainty is still in the market spotlight. However the closest support 1.3060 proves to be firm and keeps the market above. Today we expect a large amounts of GB data that can easily increase volatility. But technically no signs so far that market is ready to sell GBP.
Trading recommendations – careful longs in 1.3085-1.3060 area
Gold
The precious metal keeps on rising in price amid stronger weakness of USD dollar. Yesterday traders focused on FOMC press-conference and once they heard the confirmation of their expectations they rushed to buy the gold more and more. On this news the gold has broken through local highs around 1321. We mentioned that the entire area (1315-1325) is a some kind of market vicious resistance zone. Despite the current growth it is somewhat dangerous to go long on these levels. The market is locally overbought and any time we can see the profit fixation and local pullback. However if the market can display two four-hours candles close above 1325 we can believe it is a sign for more growth. After yesterday gains the closest support is located around 1315 and lower 1307.
Trading recommendations- longs in area 1310-1307 after market pullbacks
USD dollar index
Our expectations of the year start have finally come true. Back to that time we expected a massive USD dollar decline and yesterday USD dollar index dropped to four month lows and tested area 94.80-94.85. It is quite interesting that by this decline the market broke through 23.6% Fibo level. The next Fibo expansion (38.2%) is located around the 94.10 points. This might be the middle term target for USD dollar index. However we can expect a of correction in USD dollar as FX markets have come upon news strong technical levels. Not to forget thta negative news on US-China trade talks can significantly support USD. We will look into the developments of this strategical market.
Trading recommendations- look for sell entries as the market pullback
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 .
content marketing /
ReplyDeletesoccer /
iran football /
computer /
content marketing /
رزرو تور /
soccer academy /
digital marketing /
سایت ساز /
طراحی سایت /
محتوا /
ReplyDeleteگردشگری /
محتوا /
دانستنی ها /
digital marketer /
کارخانه پوشاک /
فروشگاه ساز /
سئو /
بهینه سازی سایت /
بازاریابی اینترنتی /
فشن بلاگر /
ReplyDeleteIran beauty /
خرید پوشاک /
رزرو هتل /
فوتبال پایه /
پوشاک ایرانی /
سئو محتوا /
فرم مدرسه /
Cloth factory /
content order /
رزرو بلیط هواپیما /
ReplyDeletefashion blog /
shirt /
textile /
تولید محتوای متنی /
هزینه محتوا /
محتوا /
Iran content marketing /
realtor /
realtor photography /
canada real estate /
ReplyDeletemohtava /
iran seo /
سایت ساز /
صنایع دستی ایران /
content writing /
سوال امتحانی /
رپورتاژ /
رپورتاژ خبری /
خرید بک لینک /
فوتبال پایه /
ReplyDeleteخرید لینک /
لینک سایت پزشکی /
طراح تجربه کاربری /
نمونه سوال امتحانی /
مد و زیبایی /
Iran hotels /
Iran travel /
موزیک /
Iran tourism /
وبلاگ فان /
ReplyDeleteوبلاگ توریسم 9 /
وبلاگ سلامتی /
وبلاگ عکس /
مقالات دکوراسیون داخلی /
مقالات سازه پارچه ای /
عکس بازیگرا /
خواص مواد غذایی و تناسب اندام /
سازه چادری چیست /
دکوراسیون حرفه ای منزل /
خواص داروهای مختلف /
ReplyDeleteمطالب سلامتی و زیبایی /
توریستر /
فان 77 /
طراحی داخلی مدرن /
دکوراسیون منزل و اداره /
ساخت وبلاگ رایگان /
دی بلاگ /
ایران هیستوری /
وبلاگ دکوراسیون /
وبلاگ مدیکال /
ReplyDeleteآشپزی غذاهای ایرانی /
جاذبه های گردشگری قشم /
مدل مانتو /
نگهداری گیاهان آپارتمانی /
وبلاگ شعر و شاعری /
گردشگری اصفهان /
روانشناسی رنگها /
جاذبه های توریستی کانادا /
عکس پروفایل /
Pro Garden Reviews is a source to get top list of best garden products along with tips, guides, product reviews to help you make a better garden. Do Visit: progardenreviews
ReplyDeleteهوم کا یک مجموعه ارائه دهنده خدمات سلامت از جمله پرستاری، پزشکی و خدمات توانبخشی در منزل و محل شما است. هوم کا کادر مجرب مراقبت و درمانی خود را بسته به نوع درخواست به شما تخصیص می دهد. تنها با یک تماس و یا با چند کلیک می توانید از مشاوره و خدمات هوم کا استفاده کنید.
ReplyDeleteاستخدام پرستار کودک
10 مدل مختلف قرارداد پيمانکاري ساختماني
ReplyDeleteآزمایش آنلاین فرصتی است برای شما؛ اگر فرصت و امکان رفتن به آزمایشگاه را ندارید، آزمایش تشخیص طبی آنلاین راهنمونه گیری در منزل حل ساده ای ست برای شما تا بدون مراجعۀ حضوری به آزمایشگاه ، آزمایش خود را انجام دهید
Deletewe can use them. نمونه گیری در منزل Thank you for your good site
ReplyDeletecan use this article as well. تست کرونا در منزل thank you very much
ReplyDeleteI will try to share this post with my friends so that they can use this شنوایی سنجی thanks
ReplyDeleteHi, your article was very informative and useful. I share this article with my friends.
ReplyDeleteواکسن HPV Thank you
Hello
ReplyDeleteI read your articles and I found it very interesting.
Thank you for visiting my site and commenting.
بلیط هواپیما
Hi, your post was very useful. I will try to share this post with my friends so that they can use this post as well. Thank you نرم افزار مطب
ReplyDeleteHi, your article was very useful. I hope you put more content on the site so we can use them. قیمت سمعک thank you very much
ReplyDeleteHi, your article was very useful. I will try to share your article with my friends so that they can use this article as well. خرید سمعک Thank you for your good site
ReplyDeleteNever miss a stock price change from Gmhi Stock with our Live, Real Time Stock Market Overview! Most of the data is updated every 5 minutes to ensure that you are getting all of the latest Acam Stock change alerts as soon as they happen.
ReplyDeleteFtoc Stock Real-Time Overview Of A Stock, Including Recent And Historical Price Charts, News, Events, Analyst Rating Changes And Other Key Stock Information.
ReplyDeleteGet all of the verb Stocktwits Updates you need to succeed in investing and trading on the Live, Real-Time Stock Market Overview. Be one of the first to know if verb Stocktwits has increased in value or if other stocks are trending up or down. Live notifications will tell you about all of these things in a clear and concise manner so that you can make the right decisions on your next investment in verb Stocktwits.
ReplyDeleteI ought to listen that forex market got a lil bit of fluctuation though I am a member of forex trading group so I have listened from my resources from best construction company in pakistan but the problem was it wasn't confirmed but thanks to you, it makes me sure about the circumstances
ReplyDeleteIt is interesting !! USD dollar weakness was ignored by GBP/USD market. Now its time to avail roller shutter londonfor more details.
ReplyDeleteThe Blog article is very nice. Thanks for sharing this Info.
ReplyDeletebest construction company in karachi
best truck accident attorneyThanks for sharing a very useful blog commenting website
ReplyDeleteI simply couldn't leave your site just my reading this blog. I am really impressed with the content and way of writing. Keep sharing more. This article was very informative and useful. I share this article with my friends. Thanks for sharing this Information.
ReplyDeleteAbogado De Divorcio En Virginia