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Weekly EUR/USD Forecast November 12 – 16, 2018

Weekly EUR/USD Forecast November 12 – 16, 2018

EUR/USD Forecast:
Support Level: 1.1108
Resistance Level: 1.1306

The EUR fell during the trading session on Monday, breaking through the 1.13 level, an area that has been rather supportive. As for the currency pair, EUR/USD breaks swing low of 1.1306 which brings major selling on the downside can bring the pair to 1.11 level.
On the fundamental point of view many issues involving the European Union. Which keeps upside limited.

forecast eurusd 12-16
Any move above 1.13 can brings fresh upside till sell on rising strategy suitable.

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Posted by on November 13, 2018 in Forex

 

Crude Oil Price Forecast: What is next with Crude Oil Price?

Crude Oil Forecast: Crude oil markets were slightly positive during the trading session on Monday, but one would have to think that this is a slight jump from the main support, or maybe there is also a small part of “dead cat bounce“.

It is not that we can not rally here, and obviously I think the market has been overloaded, but I need this market that I am willing to invest a little bit before proving myself .

WTI Crude Oil
The WTI Crude Oil Market has bounced slightly at the level of $ 62.50, an area that is supporting more than once. For this reason, I think it is a matter of time before traders continue to make a big decision, because this area can be rather important.

If we can jump from here, then I think the $ 65 level will be targeted at the next. If we get broken, then $ 60 seems like a good goal.

crude oil forecast 06-11-20183.jpg

Brent
The Brent market is also trying to find some support at the level of $ 72.50, which I think has spread to the level of $ 70. At this point, we have broken the previous candle from the top of the stick, which is a bit of “inverted hammer”. This is actually an exciting sign and I think we can see that the market is looking at the level of the next $ 75.

A break above that level should also be sent to this market at the level of $ 77.50. The metrics you see on this market are overloaded by that, so I think the least chance of seeing a relief rally is more, if not more than that. The level of $ 70 should be strong support, if nothing else, because it’s a big, round, psychologically important figure.

 
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Posted by on November 6, 2018 in Crude Oil

 

Prices of Gold Fundamentals Daily Forecasting

Prices of Gold Fundamentals Daily Forecasting

Prices of Gold Fundamentals Daily Forecasting – Decrease Prices as Positive Break site News Dollar Tumble

The catalyst who changed the euro and as a result of the news of gold around the gold market was that British Prime Minister Theresa May had made an agreement with the European Union, which will continue to reach European markets after UK financial services companies after BRxIT, Times Thursday Report to

Gold Forecast:
We can not say total surprises to jump in gold prices. From a technical perspective, the market improved from 50% to 61.8% of $ 1,184.50 to 1246.00 from $ 1215.30 to $ 1208.00. Since this area has recently represented the price after the $ 60 rally, some buyers paid an aggressive speculative bid of $ 1213.40 on Wednesday and Braxtil News to stop the price slide.

The biggest worry for moving forward of the golden bull should be to find the catalyst, which will trigger a rally in the last week’s highest $ 1246.00.

The important area to look at is $ 1229.70 to $ 1233.50. The business reaction in this area will tell us whether the bull control has been withdrawn, or the bears are controlling the price action.

Factors that keep weight on gold are increasingly in demand for riskier assets, strong treasury yield and a strong US dollar. Factors that reduce prices include the weak dollar, low yield flats, or another volatile sale in the US equity markets.

Despite the early Thursday’s rise, if buyers fail to run the market through $ 1233.50 then there is a possibility of a rally.

The gold markets fell during the trading session on Wednesday, but it seems they are trying to find somewhere close to the level of $ 1215. Above $ 1220 level should be the resistance. If we can break above that level, then I think the market can be very high. However, we are at a serious intimate point.

During the trading session on Wednesday, gold markets are skittish slightly, which are moving towards $1215 before the slightest bounce. However, if we see the strength of the US dollar, then the weight of the gold markets can normally increase. If this happens then I hope to reach the level of $ 1200, possibly less than that but not too much, because we have seen such a huge surge from the $ 1185 level. At this point, I like the long period of sleeping but I also believe that there are many moving pieces now, so it would be difficult to jump in full position.

 
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Posted by on November 1, 2018 in Gold Forecast

 

Gold Market Finds the Support for The Retracement

Gold Price Forecast: The gold markets started during the day on Wednesday, looking for support below $ 1230 level, After all, this is a market that I think buyers continue to get on these submersions because gold is a bit of business as long as a safe haven.

I believe the market is very weak about global business and certainly exit from the mouth of politicians, so, of course, a major issue will continue. Gold is historically cheap, is looking at at least the last few years, and we feel that a small bottom has been found.

It is being said that, I believe that gradually creating a position is probably the best step, because you can reduce some risks involved in the current business environment. Overall, I believe that this is a market which will continue to remain irregular, so take your time because there are so many headaches which can come in the direction of any direction for that matter.

gold forecast.jpg

Looking at this chart, I believe the $ 1200 level is presenting a major “floor”, so a breakdown below will change, but I might start to take that “floor” to $ 1225 level I can do what is happening next several days.

Either way, I like the long duration of sleeping and I think the US dollar is getting very extreme levels, it seems that gold is likely to move forward, but it is not necessary that it is easy.

Source: Fxempire

 

 
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Posted by on October 25, 2018 in Gold Forecast

 

USD Correction may be a reversal for Gold

AS per the Forex and Commodity expert Tomasz Wiśniewski, Correction on the USD. Reversal on Gold!

Daily Gold Trading Alerts: Finally the buyers of EURUSD catch a deep breath after a huge decline of EURUSD from a strong support of 1.153. Domination of USD over the market hangs the market at the beginning of October. Sellers are preparing for the next trade war and buyer are waiting for their turn.

The price jumped with the support of 1.153, which proved to be valuable on both sides of the market. What’s the fall? We do not think so. For us, this increase is not inverted but rather just change. In our opinion, we will soon see another foot.

GBP/USD has shown the feeling of this retreat even better. Here, the current growth has been shaped like a normal correction, which is the smallest of the three recently. As a result, there should be another fall. Short positions on the cable seem safe.

The significant thing appeared in gold. XAUUSD reversed making a false breakout pattern. The great thing is that this growth is following with a strong US Dollar, which shows us that we are encountering a change in the concept of precious metals. Buy signal will trigger when the price will break the resistance of green, which was stopping the price for the past few weeks.

 
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Posted by on October 3, 2018 in Uncategorized

 

Is it the Right Time to Sell EUR/USD?

It seem like that EURO is trading as per the Trump’s statements. It is under the selling pressure. It is continuously moving to toward its lower of 16-Aug-2018 at the points 1.1344.

Is it the right time to sell it? It may be quite interesting that we are talking about selling of any currency pair. Most of the times we suggest to buy particular currency pair. But as I Forex trader, we should earn from both opportunity of trading. eurusd 02-oct chart

If we look after moving average indicator, EUR/USD is trading below the 200MA and 100MA. Where the crossover between both lines confirm the trend of EUR/USD for couple of months. It is a Forex signal for traders that seller are in active mode and believe in selling the currency pair. You may expect the you can earn good profit by selling EUR/USD for a month. If you want consult with a Forex expert subscribe us on given link www. mmfsolution.sg

 
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Posted by on October 2, 2018 in Uncategorized

 

Should I buy Singapore Airline Stocks now?

Singapore Airlines is an amazing stock for investment and trading. But nowadays, it is lying around its strong support level. Most of the time it has taken bounce from this level, it might be possible that you can see an uptrend in near future.

As per the today’s SIA price chart, We can see a Doji candle formation, which is a sign of trend reversal. We can not specify its direction, because it is not forming at the end of the downtrend. It has formed little above to trend, at this point we can also interpret it as the end of the uptrend and a sign of strong downtrend ahead.chart-1537965736155.jpg

 

 
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Posted by on September 26, 2018 in Uncategorized