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Main » 2019 » October » 07

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  1. The situation is heating up again in Hong Kong
  2. Britain and the EU have accused each other in disrupting the negotiations  
  3. China is increasing its gold reserves

 

welcome bonus forex

 

 

Views: 10 | Added by: mik | Date: 07.10.2019 | Comments (0)

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Analytics GBPUSD based on round levels, price channels and altered wave analysis.

7/10/2019 Technical Analysis and Trading idea GBPUSD


The general trend in the pair GBPUSD descending. GBPUSD is trading in the range of 365 and 135 moving averages. 1.2275 support level will break through the formation of the descending structure H1 level within wave (C) descending H12 level design.

 

 

Views: 9 | Added by: mik | Date: 07.10.2019 | Comments (0)

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Forex forecast EURUSD exchange rate for today 07/10/2019
 

For the euro positive background is formed today. The yield on 10-year German securities market debt grows to counterparts from the US and the UK, it will support the euro. The futures market in Chicago indicates a 77% probability of the Fed lowering rates at the meeting of 30 October. Friday's release on the labor market points to a slight slowdown in economic growth in the United States. J. Trump and his team need to lower interest rates and the Fed seems to go on this step. Furthermore, US banks continue to indicate problems with liquidity, thus implying the need for the Federal Reserve to launch a printing press. And the Fed, apparently, it will also make. For the dollar is negative, and this is positive for its competitors.


EURUSD recommendation: Buy 1.0965 / 1.0 950 and take profit 1.1008

 

 

 

Views: 12 | Added by: mik | Date: 07.10.2019 | Comments (0)

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First, a few words about the events of the past week:

 

- EUR / USD. Most experts (55%) expected correction pair up to 1.1000 zone. This scenario is supported and 15% oscillators D1 and W1, submitting distinct signals oversold. This forecast can be considered a 100% self-fulfilling, as the EUR rose on Thursday, September 3rd to the level 1.0999 USD. Proved faithful and graphical analysis warning that before leaving the mark of 1.1000, pair can expect a decrease, which she showed at the beginning of the week.

 

 

Views: 10 | Added by: mik | Date: 07.10.2019 | Comments (0)

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