EUR/USD Mid-Session Technical Analysis for March 26, 2019

EUR/USD Mid-Session Technical Analysis for March 26, 2019

The Euro is trading nearly flat on Tuesday as investors await fresh news about Brexit and a slew of U.S. economic data. Traders are also saying that the single-currency is being supported by economic surveys showing tentative signs of recovery in the Euro Zone economy but warned that signals from the fixed income markets could […]

Gold Erases Gains As US Treasury Recovers, Recession Fears Recede

Gold Erases Gains As US Treasury Recovers, Recession Fears Recede

Precious metals such as gold and silver are trading down on Tuesday as investors are digesting global economic slowdown fears and recovering US Treasury bonds yields. Risk appetite is back into the market as bond yields stabilized. US Dollar index is positive, but gains are limited. Stocks are set to rally. Talking about rising concerns […]

Natural Gas Price Fundamental Daily Forecast

Natural Gas Price Fundamental Daily Forecast

Natural gas futures are trading slightly lower on Tuesday. Monday’s price action and today’s early trade suggests investors have decided to hold prices in a range while they await the start of injection season which is expected to arrive in about two weeks. Essentially, looser balances are putting a lid on prices, while the storage […]

GBP/USD Daily Price Forecast - Pair Retested 1.3244 Resistance Level

GBP/USD Daily Price Forecast – Pair Retested 1.3244 Resistance Level

The Cable started off the day on a consolidation mode. Later, the pair took onto a lower stance following a downward rally. The pair tumbled from 1.3202 to 1.3179 levels after the USD Index soared in the morning following the speech of the FOMC Member Rosengren. He suggested that in order to increase the long-term […]

Precious Metals Decline as Risk Appetite Improved in Global Market

Precious Metals Decline as Risk Appetite Improved in Global Market

Precious metals saw positive price action yesterday as equities declined across the globe for the second consecutive trading session. The yellow metal hit a 3-week high during American market hours as US T-Yields hit lowest since 2017. However, risk appetite improved during Pacific-Asian market hours as headlines hinted at a change in Brexit power dynamics and […]

USDCHF

USD/CHF Forex Signal | DailyForex

Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s USD/CHF Signals Risk 0.75%. Trades may only be taken before 5pm London time today. Short Trades Short entry following a bearish price action reversal upon the next touch of 0.9965 or 1.0015. Put the stop loss 1 pip above the […]

USDCAD

USD/CAD Forex Signal | DailyForex

Yesterday’s signals were not triggered, as the support level at 1.3391 was not reached until after the New York close. Today’s USD/CAD Signals Risk 0.75% per trade. Trades must be taken from 8am London time until 5pm New York time today. Long Trades Long entry after the next bullish price action rejection following the next […]

BTCUSD

BTC/USD Forex Signal | DailyForex

Yesterday’s signals may have produced a long trade from the bullish double inside candle break on the hourly charts following the rejection of the support level I had identified at $3,876. The trade looks very doubtful now so I would exit it right away at approximately break-even. Today’s BTC/USD Signals Risk 0.75% per trade. Trades […]

USDJPY

USD/JPY Forex Signal | DailyForex

Yesterday’s signals were not triggered, as none of the key levels were reached within the specified time. Today’s USD/JPY Signals Risk 0.75%. Trades may only be taken from 8am New York time Tuesday until 5pm Tokyo time Wednesday. Short Trades Go short following a bearish price action reversal on the H1 time frame immediately upon […]

AUDUSD

AUD/USD Forex Signal | DailyForex

Yesterday’s signals were not triggered, as there was insufficiently bearish price action at either of the resistance levels which were reached. Today’s AUD/USD Signals Risk 0.75%. Trades must be taken from 8am New York time Tuesday until 5pm Tokyo time Wednesday. Long Trades Go long following some bullish price action on the H1 time frame […]