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Daily forex chart analysis

Daily forex chart analysisGet the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 26, 2018 here. Daily Market Analysis. Can Money Buy You Happiness? 8262018 8:19:14 PM | Forex-Trading-Mind Trading Support and Resistance 8262018 9:29:42 AM | Weekly Forex Forecast Weekly Economic and Political Timeline 8262018 8:38:25 AM | Forex News Forex Forecast: Pairs in Focus 8262018 8:18:28 AM | Weekly Forex Forecast Weekly Forex Forecast 8262018 6:57:53 AM | Weekly Forex Forecast. Latest Trading Signals. Top Online Forex Brokers. Recommended Brokers August 2018. DailyForex has all the resources that traders need to succeed, including comprehensive Forex reviews, daily Forex news and technical analysis for the major currency pairs. See how the right Forex reviews can help you master the currency markets! Most Visited Forex Broker Reviews. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page.

While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. . . , , . US Dollar Drops After Powell Stresses Gradual Approach to Rates. Posted 22 hours ago. OANDA Market Insights podcast (episode 28) Posted 22 hours ago. GBPUSD Pound edges higher ahead of US durable goods. Posted 6 hours ago. USDCAD Canadian dollar stems slide, U. S durable goods next. Posted 7 hours ago. , . . « » , . . , - . OANDA. OANDA Labs. . , . , . . . , . . . . . . . . 150 . -. . , . . . , , . OANDA. Autochartist. OANDA.

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. OANDA Japan Co., Ltd. — Kanto Local Financial Bureau (Kin-sho), . № 2137; , . № 1571. AUDUSD Forex Technical Analysis – May 9, 2018 Forecast. The AUDUSD is under pressure again early Wednesday. Today’s selling is being fueled by overall weakness in commodity-linked currencies related to President Trump’s decision to leave the Iran nuclear deal. A favorable interest rate differential because of rising U. S. Treasury yields is also making the U. S. Dollar a more attractive asset. Daily Swing Chart Technical Analysis. The main trend is down according to the daily swing chart. The Forex pair is in no position to change the trend to up, but due to the prolonged move down in terms of price and time, the AUDUSD begins today’s session in the window of time for a potentially bullish closing price reversal bottom. This chart pattern is also not likely to lead to a change in trend, but it will indicate the buying is greater than the selling at current price levels. This could lead to a 2-3 day counter-trend rally. The minor trend is also down. It was reaffirmed on Tuesday when sellers took out the previous minor bottom at .7472.

A trade through .7560 will change the minor trend to up. This will also shift momentum to the upside. Minor resistance is the former bottom from December 8 at .7501. The nearest potential downside target is the June 2, 2017 main bottom at .7372. This is followed by the May 9, 2017 main bottom at .7329. We could see a technical bounce on the first test of these levels. The bottom at .7329 is also a potential trigger point for an acceleration into the December 23, 2016 main bottom at .7159. Daily forex chart analysis. Get the best parts of DailyFX. com in the new DailyFX App. Fed Chair Powell Dips USD, Boosts S&P. Nikkei 225 Eyes Trend Line. Fed Chair Jerome Powell disappointed hawks at Jackson Hole, sending US Dollar prices lower as stocks rallied. Next, Yen rates may fall as the Nikkei 225 approaches a trend line. Continue Reading. Learn from the DailyFX Experts. Find out where key markets might be headed next.

Learn how to get started trading financial markets. Explore strategic concepts to enhance your trading knowledge. Weekly Technical Forecast: Euro Overpowers Dollar, Breaks Struggle for Momentum. After the dollar basket failed to mount a technical breakout this week, downward pressure begins to mount for the greenback as some majors mount a comeback Continue Reading. Weekly Fundamental Forecast: Dollar Sheds Gains During Jackson Hole, Political Risks Fight Summer Lull. DXY Index Threatens Key Break after Powell’s Jackson Hole Speech. Gold, Crude Oil Prices May Weaken Further on Hawkish Powell Speech. S&P 500 Closes a Record High, Dollar Bull Trend Deflated as Liquidity Tames Headline Tumult. Charts for Next Week: EURUSD, USDJPY, USDCNH, and Gold Price. What if Fear of Trade Wars, Brexit or Rate Hikes Suddenly Vanished? British Pound Trend Points Lower But Confirmation Needed to Short.

The British Pound is broadly trending lower but near-term positioning has become congested, with confirmation needed for an actionable short trade. Continue Reading. USDJPY Weekly Technical Perspective: Dollar Breakout Drives Higher to Test Resistance. Dollar Fails to Launch Major Technical Breakout, Reversal Risk Rising Rapidly. EURUSD Weekly Technical Outlook: Euro Bouncing or Reversing? Sentiment data provided by IG. Sentiment data provided by IG. Take a free trading course with IG Academy. Our interactive online courses help you develop the skills of trading from the ground up. Live, interactive sessions. Develop your trading knowledge with our expert-led webinars and in-person seminars on a huge range of topics. Free upcoming webinar. S&P 500 Closes a Record High, Dollar Bull Trend Deflated as Liquidity Tames Headline Tumult. Charts for Next Week: EURUSD, USDJPY, USDCNH, and Gold Price. What if Fear of Trade Wars, Brexit or Rate Hikes Suddenly Vanished? Forex Economic Calendar. About your FOREX. com Demo Account.

A demo account is intended to familiarize you with the tools and features of our trading platforms and to facilitate the testing of trading strategies in a risk-free environment. Results achieved on the demo account are hypothetical and no representation is made that any account will or is likely to achieve actual profits or losses similar to those achieved in the demo account. Conditions in the demo account cannot always reasonably reflect all of the market conditions that may affect pricing and execution in a live trading environment. Technical Analysis. After the dollar basket failed to mount a technical breakout this week, downward pressure begins to mount for the greenback as some majors mount a comeback Read More. The Dollar has transitioned from a breakout after a 12-month, inverse head-and-shoulders pattern directly into a bearish standard, head-and-shoulders in the matter of a week. Has the bullish wave pro. Read More. Will next week bring clarity to a possible turnabout in EUR and JPY, and will CNH continue to turn the corner along with gold? Read More. James Stanley Currency Strategist. Michael Boutros Currency Strategist. Sentiment data provided by IG. Data updated in real-time. Data updated in real-time. EURUSD: Short Positions Increase 30% This Week. Net-Short Positions Climb to the highest level in 2 months.

EURUSD: Retail trader data shows 47.6% of traders are net-long with the ratio of traders short to long at 1.1 to 1. The percentage of traders net-long is now its lowest since Jul 30 when EURUSD traded near 1.17074. The number of traders net-long is 10.8% lower than yesterday and 19.1% lower from last week, while the number of traders net-short is 19.7% higher than yesterday and 30.2% higher from last week. To gain more insight to how we use sentiment to power our trading, join us for our weekly Trading Sentiment webinar . EURUSD Sentiment Induces a Strong Bullish Bias. We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EURUSD prices may continue to rise. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bullish contrarian trading bias. --- Written by Jake Schoenleb, DailyFX Research. GBPUSD: Decrease in Net-Longs Triggers Bullish Outlook. Net-Long Positions Decrease Week Over Week.

GBPUSD: Retail trader data shows 67.5% of traders are net-long with the ratio of traders long to short at 2.08 to 1. In fact, traders have remained net-long since Apr 20 when GBPUSD traded near 1.40482; price has moved 8.3% lower since then. The number of traders net-long is 3.6% lower than yesterday and 12.9% lower from last week, while the number of traders net-short is 1.4% higher than yesterday and 6.3% higher from last week. To gain more insight to how we use sentiment to power our trading, join us for our weekly Trading Sentiment webinar . Decreasing Net-Longs Give Way for Potential Reversal. We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests GBPUSD prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current GBPUSD price trend may soon reverse higher despite the fact traders remain net-long. --- Written by Jack Schwarze, DailyFX Research. Forex Technical Analysis. Written by experienced traders and professional market analysts, our Forex technical analysis is just what you need to get an edge in your Forex trading. Technical analysis shouldn’t be overwhelming, and our Forex technical analysis is designed for traders at all levels.

Need help understanding more complex concepts? Our Forex articles base will provide the explanations you need to succeed. Forex Technical Analysis. Get our trading strategies with our monthly & weekly forecasts of currency pairs worth watching using support & resistance for the week of August 26, 2018. Get the Forex Forecast using fundamentals, sentiment, and technical positions analyses for major pairs for the week of August 26, 2018 here. Check out our weekly Forex forecast focusing on major pairs to pay attention to during the week of August 26, 2018 here. Gold prices fell $10.82 an ounce on Thursday, weighed down by a stronger dollar. The EURUSD pair has fallen just a bit during trading on Thursday, breaking the bottom of the shooting star from Wednesday. Bitcoin markets continue to do very little on Thursday, as we are stuck in a short-term range. The WTI Crude Oil market fell right off the bat during trading on Thursday but found enough support near the $67.50 level to turn around of form a hammer. The US dollar rallied rather significantly against the Japanese yen during trading on Thursday, as we continue to bounce from the ?110 level. The S&P 500 has gone back and forth during the session on Thursday, as the market continues to struggle with the highs. Get the NZDUSD Forex signal for August 23, 2018 here. Get the AUDUSD Forex signal for August 23, 2018 here.

Get the USDJPY Forex signal for August 23, 2018 here. Get the BTCUSD Forex signal for August 23, 2018 here. Get the USDCAD Forex signal for August 23, 2018 here. Get the USDCHF Forex signal for August 23, 2018 here. Free Forex Trading Courses. Want to get in-depth lessons and instructional videos from Forex trading experts? Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by professional Forex traders. Most Visited Forex Broker Reviews. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees.

Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk.

Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly. Whadya think? Think we go to the fib target? Eiffel Tower? A Space shuttle? Who cares? This thing looks like sh1t! Looks like she want's to go! Had a powerful move thus far! Trying just as hard as the 500 Index!

Hey guys ! Here is a nice sell entry on EURAUD . Accumulation of : - Triple bearish channel - Multi time frame confirmation - Fib confluance. He who rides the pony must someday fall. Price has break inner decending trendline. Moving upwards to the upper daily channel for long term movement. Nice rounding bottom. Not calling this the bottom, but I do like the "reversal" candle it printed and seems to be finding support over here. After seeing a beautiful teacup cup and handle formation, I'm expecting a long position on copper. On the daily chart yesterday (820) copper had a bullish push. Entered a long position, and will be holding a swing trade. Sl - 2.4357 Tp1- 2.7852 Tp2- 2.9895 Tp3- 3.3093 Those are my projections. My entry was at 2.7151.

WELCOME TO MY LEARNING F* PAGE! AUDUSD is so close to the best place where we can open a Short entry. On the Chart we see, that the price come to sell zone. Upper it was 8 months range where Market makers accumulated position. It is signal that the price will continue to move down (pullback). The best option will be to look for a SHORT entries near 0.7325 . JC Pennies, opening somewhere down here, post-earnings! Gap up for Earnings yesterday, still holding up! Not much of a GAP, but trying to close that GAP! Good Sunday Traders, we are looking at the Euro vs. the Australian Dollar on the daily chart. I really like this trading idea and entered a short since 20th July. So why do I think that the EURAUD pair will fall at least to the neck of the right shoulder ?

First we see clearly the head and shoulders pattern with a little bit higher right shoulder against the . 27 Aug: US$ down, stocks up, as Fed confirms gradual rate rate hikes will continue. Politics in focus again this week. The US$ retreated but stocks climbed higher on Friday, with the S&P and the Nasdaq reaching new all-time highs, after Fed Chairman Jerome Powell affirmed US economic strength, and confirmed that the gradual interest rate hikes were the best way to protect the economic recovery. Powell said there were no “clear signs” of an elevated risk of… Read More » 27 Aug: Trend table outlook for FX, Commodities, Indices. The US$ is lower on Monday and looks heavy, particularly against the Euro, Kiwi and Aud$, while more mixed against the Yen, Chf and Cable. It also looks very heavy against the CNH. Stocks look very positive and buying dips seems to be the plan here, while the metals saw a good rally on Friday and looks… Read More » 24 Aug: Trend table outlook for FX, Commodities, Indices. The US$ has made a bit of a comeback on Thursday with the Aud under particular pressure because of the political shambles in Canberra. More of the same seems possible although with Jackson Hole and the USChina trade talks coming up any move will come via the headlines coming from either of these two functions. On that basis,…

Read More » 24 Aug: US$ firmer ahead of Jackson Hole, USChina trade talks. AUD$ lower due to ongoing political shambles. The US$ is slightly firmer today although so far the rebound looks a bit unconvincing against European majors, with the Euro, Cable and Chf all trading well above last week’s lows. . The Aud$ has taken a bit of a battering because of the political shambles in Canberra, and at this stage of the day no-one knows… Read More » 23 Aug: FOMC Minutes fail to inspire the US$, despite hints of another hike. ECB Minutes ahead. Jackson Hole, Friday. The US$ remains under pressure against all its major counterparts on Thursday following the Fed Minutes which in themselves provided little surprise, with many participants seeing another rate hike likely to be coming ‘soon’. Traders had clearly priced this in and were looking for something more definitive from the Fed, and have kept the pressure on the… Read More » 23 Aug: Trend table outlook for FX, Commodities, Indices. The US$ remains under pressure on Thursday, although the technical picture looks rather mixed today so a more cautious approach is required, with the US$majors all giving very little hint in either direction. US$Jpy looks a little better bid right now but any negative news will see risk sentiment turn sour quite rapidly, so any dollar bid tone… Read More » 22 Aug: Trend table outlook for FX, Commodities, Indices. The US$ remains under pressure on Wednesday, and from a technical perspective it looks as though there may be more of the same to come, at least in the near term, so trading the Euro, Cable, Aud$ and Kiwi from the long side seems to be the current plan.. The dollar weakness has seen demand return to the… Read More » 22 Aug: US$ remains under pressure following Trumps criticism of the FedPowell. FOMC Minutes in focus today.

The US$ remains under pressure by all its major counterparts throughout the day and continues to be weighed down by Trump’s attack on the Fed, and Jerome Powell personally, regarding rate hikes, and for the time being it does not look as though any real bounce is forthcoming. The Yen has also seen some weakness through the… Read More » 21 Aug: Trump critical of the Fed – again, keeping the US$ under pressure. RBA Minutes, today’s highlight. The US$ is under further pressure on Tuesday after Donald Trump said that he is “not thrilled” with Fed Chairman Jerome Powell for raising interest rates, while also accusing China and Europe of manipulating their respective currencies. For its part, the Euro was underpinned as the EU marked the end of Greece’s bailout program, although concerns about… Read More » 21 Aug: Trend table outlook for FX, Commodities, Indices. The US$ remains heavy at the start of Tuesday trade and, in the short term at least, trading it from the short side, looking to by dips, seems to be the plan. Further out, the dollar also looks to be losing its upside momentum so some caution is warranted although I suspect that eventually it will resume its… Read More » AUDUSD Forex Technical Analysis – July 16, 2018 Forecast. The Australian Dollar continues to grind higher early Monday on the back of increased demand for risk and perhaps an easing of trade tensions between the United States and China. Traders could also be reacting to positive trade talks between China and the European Union. However, softer economic data from China may be limiting gains. At 0711 GMT, the AUDUSD is trading .7431, up 0.0007 or +0.09%. Daily Swing Chart Technical Analysis. The main trend is down according to the daily swing chart. However, momentum shifted to the upside with the formation of the secondary higher bottom on July 12. The main trend will change to up on a trade through .7484. A trade through .7360 will signal a resumption of the downtrend.

A trade through .7310 will put the AUDUSD in a bearish position with .7159 the next major target. The short-term range is .7484 to .7360. Its 50% level or pivot is .7422. Trading on the strong side of this level early Monday is helping to give the Forex pair an upside bias. The intermediate range is .7310 to .7484. Its retracement zone at .7397 to .7376 is new support. The main range is .7677 to .7310. If the trend changes to up then its retracement zone at .7494 to .7537 will become the primary upside target. Daily Swing Chart Technical Forecast. Based on the early trade, the direction of the AUDUSD the rest of the session is likely to be determined by trader reaction to the short-term 50% level at .7422. A sustained move over .7422 will indicate the presence of buyers. If this move generates enough upside momentum then look for a test of .7484, followed by .7494. A sustained move under .7422 will signal the presence of sellers.

This could trigger a labored break with potential targets lined up at .7397, .7376 and .7360. The main bottom at .7360 is a potential trigger point for an acceleration into .7310. Forex Trading Daily Chart Analysis (-) 2 . Forex Trading Daily Chart Analysis. EURUSD: Waves analysis.. Forex Trading Daily Chart Analysis (-) 2 . USDCHF TOP DOWN ANALYSIS, SIMPLE TRADE IDEA. Forex Trading Daily Chart Analysis. Volatility Contraction leads to expansion (breakout) Forex Trading Daily Chart Analysis (-) 2 . GOLD BUYSELL SCENARIO: I prefer to go along the major Trend. however going against the trend at key levels, after breaking a structure, is not a bad idea.



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