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GBP USD, “Great Britain Pound vs US Dollar”

As we can see at the H4 chart, the GBP/USD pair is being corrected to the downside and has already reached the retracement of 50.0%. The closest downside target is the retracement of 61.8% at 1.3248. More targets may be inside the post-correctional extension area between the retracements of 138.2% and 161.8% at 1.3240 and 1.3193 respectively.



Views: 0 | Added by: mik | Date: Today | Comments (0)

EUR USD, “Euro vs US Dollar”

The EUR/USD pair has reached another low and completed the correction. We think, today the price may form another descending structure to reach 1.1703. Later, in our opinion, the market may grow towards 1.1754 and then continue falling inside the downtrend. The local target is at 1.1650.



Views: 0 | Added by: mik | Date: Today | Comments (0)

EUR USD, “Euro vs US Dollar”

The EUR/USD pair is falling. Possibly, the price may reach 1.1726. An alternative scenario suggests that the instrument may grow towards 1.1802. Later, in our opinion, the market may continue falling inside the downtrend. The target is at 1.1650.



Views: 3 | Added by: mik | Date: Yesterday | Comments (0)


1. Fear of miss the point:  The fear can affect the stock market significantly, induce both rapid growth and falling. Panic of 2008-2009 led to a decrease in S & P 500 to 666 index points. 

Today, fear wins back less obvious role in helping to foment a hot stock market. In this case, a fear miss a moment, or so-called effect FOMO. 

"We see more and more people invest, fearing to miss the chance for a bull market," - said Ed Yardi, president of Yardeni Research.

Views: 5 | Added by: mik | Date: 11.12.2017 | Comments (0)


Forex Forecast December 11, 2017

Events traders today:

It is not expected of important macroeconomic statistics.

Forex euro dollar forecast EUR / USD at today 11/12/2017

Forex traders on the EUR / USD - two reasons to sell the euro.

The first reason , in the debt market for the euro is formed by the negative. The yield on German 10-year government securities is reduced to the British and American, it will put pressure on the European currency quotes.

The second reason, risky assets are actively buying market participants .to the euro as a negative factor for the currency funding. The world's leading stock markets on Friday ended with steady growth. The European currency as the yen has an inverse correlation with stock indices and on this background, it is likely lowering development. 

EUR / USD recommendation 11.12.2017: Sell 1,1785 / 1,1820 and take profit 1,1740.

Views: 4 | Added by: mik | Date: 11.12.2017 | Comments (0)

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