Technical And Market Analysis By Vistabrokers

[Guest Vistabrokers]

GBP / USD in a Brown Study

GPB/USD is consolidating near the current line of the descending price channel.

It is recommended to close all existing positions and wait for new technical signals. Find out more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

Will Euro Be at 1.10?

Throughout the trading week, the euro was declining against the U.S. dollar. Sales of EUR/USD happened on Thursday, after the publication of the ECB meeting minutes.

Although the market had expected that the minutes will be pretty "dovish", the response was strong enough. Read more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

GOLD. Intersection of Two Trends

Demand for Gold increased amid a new wave of deterioration in the global stock markets.

From the technical point of view, we had a rebound from the support level (38.2% Fibonacci retracement), which is a serious signal to buy. Read more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

Yen Falls, Aussie Grows after PMI Data

The yen is declining against the U.S. dollar after the weak PMI statistics while, the Australian dollar is increasing.

At the end of last week, the USA has published the data on inflation, which may indicate that the Fed is still going to raise the rate in March. Discover more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

GOLD. Bulls Are Quiet

Bulls in Gold can not overcome the long-term downward trend line, which is partly due to the slight recovery of risk appetite in the global stock markets.

It is recommended to be out of the market. Discover more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

Gold Rises on Uncertainty

On Tuesday, gold is increasing amid the uncertainty associated with the probability of the Fed this year rate hike, as well as the possible Brexit.

At the time of writing, the March futures on the metal rose in price by 0.88% to $ 1,220.70. Discover more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

GBP / USD. The Strongest Drop in 5 Years

On Tuesday, before Mark Carney and BOE executives started to testify to Treasury Committee, the British pound has experienced the strongest drop since 2010.

Such a strong pressure on GPB/USD has a probability of exit from the European Union. Read more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

How Low Can Pound Drop? Expert Opinion

Decline of the British pound intensified when politicians started to express their opinions on the upcoming referendum.

But the main pressure on the currency is likely to be put just before the vote. So how low can the pound drop? Find out experts' opinions at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

GOLD Is in Triangle

After Gold has reached a resistance line of a long-term downward trend, bulls calmed down.

Soon a graphical pattern "symmetrical triangle" was formed. Find out more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

U.S. Data Remains Mixed

Today the USA will publish the data on durable goods orders.

The market closely eyes statistics from the United States, because it helps investors to make conclusions about when the Fed will raise the rate. Read more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

GOLD. Bulls Demonstrate Commitment

The upper border of the consolidation pattern "symmetrical triangle" was broken, which gives bulls in Gold a reason to prepare for the further development of an upward trend.

It is recommended to be prepared to go long. Discover more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

Market Outlook According to Bill Williams System: USD/JPY

We entered a short position in USD/JPY on a breakthrough of a fractal.

It is worth noting that the initial strong move in a southerly direction met serious resistance of buyers. Read more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

Euro and Pound Are Flat, Yen Declines

On Thursday, the relative calm prevailed, as compared to the volatile beginning of the week in Forex.

USD/JPY rebounded from earlier lows and added more than 300 points. EUR/USD continued to trade near 1.10. Yesterday's statistics was mixed. Read more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

Oil Falls and Rises. How to Benefit?

Throughout its long history oil fell to the bottom more than once or twice, but always returned back.

Risky investors always get a huge profit, opening long positions at the time when the market reaches a bottom. The only question is when it will happen. Discover more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

USD / JPY. Bulls Lift up their Heads

Re-achievement of the Fibo retracement gave bears in USD/JPY a reason to fix the result on short positions.

This led to the growth of quotations, but it is too early to talk about the possibility of purchases. Read more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

What Economic Events Are Key this Week (February 29 – March 4)?

What economic and political events will be key this week? The week will bring so-called Super Tuesday – primaries in many U.S. states.

On Friday, the market will look forward to see Non-Farm Payrolls and unemployment in the United States. Read more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

China's Manufacturing PMI Declines

Business activity in China's industrial sector remains below the level of 50 that is considered to be contraction.

Another portion of weak statistics gives reason to expect new stimulus moves by the People's Bank of China. Read more at Fundamental Analysis of Vistabrokers.

[Guest Vistabrokers]

EUR / USD. It Is Getting on for ECB Meeting

EURUSD continues to trade within a downward price channel.

The disappointing consumer price index in the euro zone gives a reason to expect an extension of the current quantitative easing program at the next ECB meeting. Discover more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

Market Outlook According to Bill Williams System: USD/JPY

Fluctuations in USD/JPY show an absence of unity and moving force.

Thus, we observed a rebound of prices from the opening point of our long position, which led to its closure below the red Alligator's line. Read more at Technical Analysis of Vistabrokers.

[Guest Vistabrokers]

Australian Dollar Rises after GDP Data

The Australian dollar gained almost 1% against the U.S. dollar after better-than-expected GDP data.

Strong statistics may give only a short-term momentum to the pair since the dollar continues to rise against its main counterparts. Discover more at Fundamental Analysis of Vistabrokers.