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Author Topic: Adamant Finance - Daily Analysis
Adamant-
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Adamant Finance
Post Adamant Finance - Daily Analysis
on: October 24, 2017, 10:25
Quote

Technical Outlook October 24, 2017

EURUSD

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The currency pair went downwards yesterday and is likely to accelerate its decline today. Investors are going to pay attention to today’s German, France and Eurozone PMI as well as the US ISM data. Those events are likely to increase volatility at least and will be the driver for today’s fluctuations. We think it is a good idea to look for short positions along the downtrend.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week and decline by the end of Friday according to our expectations. We think that EUR/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short positions from the MA55 balance line area. Place stop losses above the indicator.

GBPUSD

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The currency pair fluctuated in a tight range on Monday as there was no important data and events. There are no important UK data and events today neither. We think that investors are going to pay more attention to today’s US data and this event is going to be the main driver for GBP/USD. There is no tendency currently and we advise to avoid trading today.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

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The currency pair fluctuated in a tight range but we can see a clear tendency and it is time to look for trades. AUD/USD is likely to decline further today but tomorrow we think the currency pair is likely to increase its volatility due to the Australian CPI data.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined moderately last week frustrating our growth expectations. We think AUD/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short positions from the MA55 balance line. Place stop losses above the indicator.

USDCHF

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The currency pair approached the trend line twice and we think it is time to look for long trades. We think that USD/CHF is likely to start is upside tendency in the nearest future as it has tested the trend line twice.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair crossed the trend line last week according to our expectations. We think that USD/USD is likely to develop its growth in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to open long positions from the MA55 balance line area. Place stop losses below the indicator or broken through trend line.

Gold and Silver Technical Outlook October 24, 2017

GOLD (XAUUSD)

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Gold offered an opportunity to sell from the MA13 according to our recommendations. However, the downside tendency failed to develop. The price was in the profit area and you could protect trades by moving stop loss at breakeven level. Gold still holds its downside tendency, but it is better to avoid trading today as the situation is unclear.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations but then went upwards. We think that XAU/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is above the MA55 balance line. WE advise to avoid trading today as the situation is unclear.

SILVER (XAGUSD)

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Silver continues to fluctuate with no clear tendency and established new weekly lows. We think that Silver is able to develop its downside tendency in the nearest future. We advise to do nothing today as the situation is unclear.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined last week and failed to return to its previous positions frustrating our expectations. We think that CXAG/USD is likely to develop its moderate downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Adamant-
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: October 25, 2017, 10:19
Quote

Technical Outlook October 25, 2017

EURUSD

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The currency pair offered an opportunity to open sort positions from the MA55 balance line during the Asian session. Those trades were closed at breakeven level. However, if you opened those positions later, you could have negative result. The volatility is not large as investors are looking forward to see the results of the European Central Bank meeting, which takes place on Thursday. It is better to do nothing before the event as it is unclear whether Mario Draghi is going to support or push EUR downwards.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week but declined moderately by the end of Friday. We think that EIUR/USD is likely to decline in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

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The currency pair established a downside tendency and we think it is time to look for short trades. However, investors will pay attention to today’s Advanced GDP data for the third quarter and you can try to sell in case if this data is worse than expected. If Advanced UK GDP shows better results, the price may go upwards.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short trades if the US GDP data is worse than expected. Stop loss should be 200 pips far from the strike price.

AUDUSD

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The currency pair offered an opportunity to open short positions from the MA55 balance line according to our recommendations. The price was in the profit area and you could earn about 500 pips. It was better to fix positions on the eve of today’s Australian CPI data. If you failed to close those trades, you could earn even more as the price made another 500 pips after the Australian data.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined moderately last week frustrating our growth expectations. We think that AUD/USD is likely to develop its decline in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

USDCHF

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The currency pair offered an opportunity to buy from the MA55 balance line according to our recommendations. You could have about 700 pips profit and it was enough to fix trades during the American session or Asian session, as we think that USD/CHF has done its growth for the current week.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair crossed the trend line last week according to our expectations. We think that USD/CHF is likely to develop its upside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook October 25, 2017

GOLD (XAUUSD)

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Gold declined yesterday and accelerated its downside tendency. We think you can try to open short positions from the MA55 balance line. However, there is a wide range of data today, which is able to influence precious metals fluctuations. We advise to pay attention to the US data. We recommend opening short positions in case if there is any opportunity.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations but then returned upwards. We think that XAU/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short positions from the MA55 balance line. Place stop losses above the indicator.

SILVER (XAGUSD)

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Silver develops its downside tendency and we think it is time to look for short positions. The price is close to the 16,85 level and if it brakes it through, XAG/USD is likely to develop its downside tendency. However, the price may continue to decline without visiting the MA55 balance line.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined last week frustrating our growth expectations. We think Silver is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short trades from the MA55 balance line. Place stop losses above the indicator.

Adamant-
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: October 26, 2017, 10:27
Quote

Technical Outlook October 26, 2017

EURUSD

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The currency pair went upwards yesterday on the eve of the European Central Bank meeting, which takes place today. Investors expect the ECB to announce monetary policy tightening by cutting stimulus from 60 to 30 billion euro. This is what market participants expect from the ECB meeting. If this happens, we think EUR/USD is likely to develop its growth. We give no recommendations today as technical analysis does not work properly. It is better to monitor and to act according to situation.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair had no clear direction last week and declined by the end of Friday according to our expectations. We think that EUR/USD is likely to develop its downside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

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The currency pair went upwards sharply yesterday after the Advanced UK GDP data, which had better results than expected. There was no sense to open short positions in that situation. The currency pair changes its tendency and we think that there will be opportunities to open long positions tomorrow.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to develop its downside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We ad vise to avoid trading today as the situation is unclear.

AUDUSD

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The currency pair declined yesterday as the Australian CPI data was worse than expected. Investors do not believe that the Australian Reserve Bank is going to hike Interest Rates in the nearest future. WE give no recommendations today as the price is far from the MA55 balance line.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week frustrating our growth expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. WE advise to avoid trading today as the situation is unclear.

USDCHF

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The currency pair is likely to go downwards in the nearest future as investors will pay attention to the European Central Bank meeting. We give no recommendations nevertheless as there is the uptrend currently. If the ECB avoid to announce the monetary policy tightening, we think that USD/CHF is likely to continue its growth. We advise to act according to situation.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair crossed the trend line on the Weekly chart last week according to our expectations. WE think that USD/CHF is likely to develop its growth in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook October 26, 2017

GOLD (XAUUSD)

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Gold offered an opportunity to open short trades from the MA55 balance line according to our recommendations. The results of those trades depended on the stop losses distance and the manner you have entered the market. If you did it manually, you had a chance to avoid losses. There is no tendency currently and we give no recommendations.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations, but failed to return to its previous positions. WE think that XAU/USD is likely to develop its moderate decline in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

SILVER (XAGUSD)

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Silver offered an opportunity to open short trades from the MA55 balance line according to our recommendations. Those trades resulted in small losses as stops triggered. The price failed to pass 16,85 level and we think XAG/USD is likely to start an upside tendency. We give no recommendations as there is no tendency currently.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined last week but failed to return upwards frustrating our expectations. We think that XAG/USD is likely to develop its moderate decline.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Adamant-
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: October 27, 2017, 10:37
Quote

Technical Outlook October27, 2017

EURUSD

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The currency pair declined sharply yesterday after the release of the European Central Bank decision, which disappointed investors. Market participants expected the ECB to cut its stimulus programme from 60 to 30 billion Euro, but this did not happen. Moreover, The European Central Bank is going to continue its easy monetary policy until 2018. The main event for today is the release of Advanced US GDP data, which is likely to shake the markets.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week and declined by the end of Friday according to our expectations. We think that EUR/USD is likely to develop its downside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

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The currency pair declined with the same speed it went upwards earlier. We have no tendency currently. GBP/USD fluctuations will depend on the results of the US Advanced GDP data.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to develop its decline in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

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The currency pair failed to approach the MA55 balance line and there was no opportunity to open trades. AUD/USD went downwards during the American session as USD has got some support. USD’s growth is due to the European Central Bank decision to hold current monetary policy without changes until at least September 2018. We give no recommendations today as the price is far from the MA55 balance line.

There is the uptrend on the Weekly as the price is above the MA55 balance line. The currency pair declined moderately last week frustrating our growth expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

USDCHF

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The currency pair resumed its growth yesterday as the European Central Bank’s decision disappointed market participants’ expectations. There was an opportunity to open long positions from the MA55 balance line. You can open long positions now and take a small profit. Today investors are going to pay attention to the US Advanced GDP data.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair crossed the trend line on the Weekly chart according to our expectations. We think that USD/CHF is likely to develop its upside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook October 26, 2017

GOLD (XAUUSD)

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Gold offered an opportunity to open short trades from the MA55 balance line according to our recommendations. The results of those trades depended on the stop losses distance and the manner you have entered the market. If you did it manually, you had a chance to avoid losses. There is no tendency currently and we give no recommendations.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations, but failed to return to its previous positions. WE think that XAU/USD is likely to develop its moderate decline in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

SILVER (XAGUSD)

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Silver offered an opportunity to open short trades from the MA55 balance line according to our recommendations. Those trades resulted in small losses as stops triggered. The price failed to pass 16,85 level and we think XAG/USD is likely to start an upside tendency. We give no recommendations as there is no tendency currently.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined last week but failed to return upwards frustrating our expectations. We think that XAG/USD is likely to develop its moderate decline.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Adamant-
Finance
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: October 30, 2017, 09:29
Quote

Technical Outlook October 30, 2017

EURUSD

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The currency pair declined after the better than expected US GDP data. Advanced GDP data shows some growth and its results allowed USD to develop its growth. USD’s attraction will rise after such a statistics as this data may also influence the Federal Open Market Committee decision on December. The European Central Bank is going to continue its stimulus for long time. The main data for the currency pair to follow this week is the Eurozone GDP and the US Labor Market and Average Hourly Earnings.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that EUR/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the Ma-channel goes downwards and the price is below the MA55 balance line. We expect the currency pair de return towards the MA55 balance line today.

GBPUSD

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The currency pair is almost ready for further downside tendency but we think that if the Bank of England decides to hike Interest Rates, GBP/USD will go upwards. It is better to do nothing before Thursday. However, if the Bank of England is not going to hike Interest Rates, the currency pair is likely to break through the trend line on the weekly chart.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency par declined last week according to our expectations. We think that GBP/USD is likely to break through the trend line on the Weekly chart and accelerate its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

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The currency pair continues to decline but made a pause on Friday. Nothing prevents AUD/USD from resuming its decline today. There are several important releases this week that may influence the currency pair. However, we think that AUD/USD is likely to develop its downside tendency in the nearest future.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is close to the MA55 balance line. We advise to open short trades from the MA55 balance line. Place stop losses above the indicator.

USDCHF

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The currency pair established new tops on Friday. Advanced US GDP data was better than expected and supported USD. However, USD/CHF corrected in the end of Friday. We expect the currency pair to develop its upside tendency after a brief correction.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair accelerated its growth last week according to our expectations. We think that USD/CHF is likely to develop its upside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to open long trades from the MA55 balance line. Place stop losses below the indicator.

Gold and Silver Technical Outlook October 30, 2017

GOLD (XAUUSD)

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Gold had no significant moves last week. However, we think it is going to change its fluctuations in the nearest future. XAU/USD can not go upwards for a long time and we think this may lead to further decline. There are several important events for Gold this week – the Bank of England’s meeting and the US Labor Market data.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations. WE think that XAU/USD is likely to develop its moderate downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is close to the MA55 balance line. We advise to open short trades from the MA55 balance line. Place stop losses above the indicator.

SILVER (XAGUSD)

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Silver approached the MA55 balance line on Friday and there was no sense to open trades. We think that it is a good idea to look for short positions from the MA55 balance line today. However, do not expect significant moves from Silver today.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver developed its decline last week according to our expectations. WE think that XAG/USD is likely to decline in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short trades from the MA55 balance line. Place stop losses above the MA55 balance line.

Adamant-
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: October 31, 2017, 10:19
Quote

Technical Outlook October 31, 2017

EURUSD

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The currency pair returned towards the MA55 balance line and is able to continue its correction growth today. This is likely to happen if the Eurozone data is better than expected. Today market participants are going to pay attention to the Eurozone CPI, Labor Market and GDP data. Current tendency is changing, but it still looks downwards and we give no recommendations.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that EUR/USD is likely to develops its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

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The currency pair went upwards yesterday as market participants are expecting the Bank of England to hike Interest Rate. The BoA meeting is scheduled for Thursday. We think that GBP/USD is likely to develop its growth today, but this upside tendency may be less active than it was on Monday.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to break through the trend line on the Weekly chart and is going to accelerate its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

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The currency pair offered an opportunity to sell yesterday from the MA55 balance line and stop losses triggered. AUD/USD is fluctuating with no clear direction and we give no recommendations. Australian data was weak and we give no recommendations.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

USDCHF

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The currency pair offered an opportunity to open long positions from the MA55 balance line. The price was in the profit area for 250 pips. It was enough to protect trades or to fix positions partially. You had an opportunity to move stop loss at breakeven level. USD/CHF continues its correction and we advise to avoid long positions as there is no tendency currently.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair accelerated its growth last week according to our expectations. We think that USD/CHF is likely to develop its upside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook October 31, 2017

GOLD (XAUUSD)

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Gold offered an opportunity to open short positions from the MA55 balance line and the price was in the profit area. It was enough to protect trades and to move stop loss at breakeven level. There is no tendency currently as market participants are waiting for the Federal Open Market Committee meeting results.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations. We think that XAU/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

SILVER (XAGUSD)

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Silver offered an opportunity to open short positions but stop losses triggered. There is no tendency currently and we recommend avoiding trading. The price is within a tight range for a couple of weeks.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver developed its decline last week according to our expectations. We think that XAG/USD is likely to continue its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Adamant-
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 1, 2017, 10:48
Quote

Technical Outlook November 1, 2017

EURUSD

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The currency pair established new weekly highs but the upside tendency was moderate. EUR/USD fluctuated in a tight range yesterday as the market participants are waiting for the Federal Open market Committee meeting today. Investors do not expect the Fed to change its monetary policy today. However, market players are looking forward to hear the Fed head’s comments on the probability of Interest Rates hike on December. If Janet Yellen is going to make hints on those probabilities, USD may get additional support.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that EUR/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

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The currency pair went upwards yesterday as the European Union is ready to accelerate the negotiations on Brexit. However, the main event for today is the Federal Open Market Committee meeting which is able to increase volatility significantly. Market participants are looking forward to hear Janet Yellen’s comments.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to break through the trend line and accelerate its downside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

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The currency pair developed its decline yesterday after the weaker than expected Australian data. The situation today is the same as the Australian data is worse than forecasted again. WE think that AUD will be under the pressure today.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

USDCHF

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The currency pair seems to end its downside correction and we think it is going to go upwards in the nearest future. However, there is no trend currently and it is risky to open positions now. We think it is a good idea to wait until the release of the results of the Federal Open Market Committee meting today.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair developed its growth last week according to our expectations. We think that AUD/USD is likely to develop its upside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to open long trades but after the release of the results of the FOMC meeting.

Gold and Silver Technical Outlook November 1, 2017

GOLD (XAUUSD)

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Gold continues its range fluctuations and it is in the neutral positions right now. We think that there is a probability of a sharp volatility growth after the release of the results of the Federal Open Market Committee meeting. However, everything depends on the results of this event. Technical analysis indicates on the probability of further decline. However, the results of the meeting may break any technical pattern. This is why we advise to wait until the end of the event and then to take any decision according to the situation.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold went downwards last week according to our expectations. We think that XAU/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to open positions after the end of the FOMC meeting.

SILVER (XAGUSD)

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Silver is ready to decline but everything depends on the results of the FOMC meeting. We advise to wait until the end of the event in order to take any decision.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver developed its downside tendency last week according to our expectations. We think that XAG/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 2, 2017, 11:06
Quote

Technical Outlook November 2, 2017

EURUSD

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The currency pair had moderate fluctuations yesterday after the release of the results of the Federal Open Market Committee meeting. The Fed left the Interest Rate unchanged according to our expectations and made no comments on the probability of further Interest Rates hike on its next meeting, which is placed for December. Market participants are going to pay more attention to the US Labor Market data which is to be released on Friday.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that EUR/USD is likely to decline in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

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The currency pair had a correction yesterday after the release of the results of the Federal Open Market Committee meeting. Market participants are likely to pay more attention to today’s Bank of England meeting as this governmental body is expected to hike rate. Those expectations give support to GBP/USD for a couple of days already.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to cross the trend line and develop its decline in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to open long trades from the MA55 balance line today. Place stop losses below the indicator.

AUDUSD

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The currency pair is growing after the stronger than expected Australian data. AUD/USD is likely to develop this upside tendency today as USD goes downwards. However, we give no recommendations as there is no trend currently.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-Channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

USDCHF

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The currency pair stopped its growth after the release of the results of the Federal Open Market Committee meeting. We gave a recommendation to buy after the end of the meeting and there was an opportunity to open long positions. However, there was no significant profit as you could earn about 250 pips only. We think that USD/CHF is going to offer some other opportunities today but the USD’s downside tendency increase risks.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair accelerated its growth last week according to our expectations. We think that USD/CHF is likely to develop its upside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is close to the MA55 balance line We advise to avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook November 2, 2017

GOLD (XAUUSD)

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Gold failed to decline yesterday after the release of the results of the Federal Open Market Committee meeting and there was no sense to open short positions. As we had written previously, you had to wait until the results and to see the market reaction. The reaction was contrary to what we had expected. Market participants are going to switch their attention to the US Labor Market data, which is to be released on Friday. Gold shows some signs of further upside tendency. However, we have no trend currently.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations. We think that XAU/USD is likely to develop its moderate downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

SILVER (XAGUSD)

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Silver went upwards after the release of the results of the Federal Open Market Committee meeting and there was no opportunity to sell. The price shows intentions to further growth and we think it is time to look for long trades today.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined moderately last week according to our expectations. We think that XAG/USD is likely to develop its downside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to open long positions from the MA55 balance line. Place stop losses below the indicator.

Adamant-
Finance
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 3, 2017, 11:57
Quote

Technical Outlook November 3, 2017

EURUSD

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The currency pair had moderate fluctuations as the market participants are waiting for the results of the US Labor Market and Average Hourly Earnings data. Yesterday’s Eurozone manufacturing data was disappointing and EUR/USD declined during the European session. However, it failed to leave a small range. There is no tendency currently. We think that the currency pair is likely to increase volatility sharply after today’s US Labor Market and Average Hourly Earnings data.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that EUR/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is above the MA55 balance line. We advise to open positions after the US Labor Market and Average Hourly Earnings releases.

GBPUSD

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The currency pair declined significantly after the release of the results of the Bank of England’s meeting. The Bank of England has increased its Interest Rate according to the market participant’s expectations.

However, investors expected the BoA head to tell something about future monetary policy. However, Carney said that the Bank of England is going to make two more Interest Rates hikes until the end of 2020.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that GBP/USD is likely to develop its downside tendency in the next couple of days.

There is the downtrend on the Hourly chart s the MA-channel goes downwards and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

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The currency pair went upwards after the stronger than expected Australian data yesterday but declined during the Asian trading session. Market participants are waiting for the release of the results of the US Labor Market and Average Hourly Earnings data. We think that this data may have significant impact on fluctuations.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to open positions after the release of the US Labor Market and Average Hourly Earnings data.

USDCHF

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The currency pair fluctuated in a tight range yesterday and tried to go downwards. The market participants are likely to pay more attention to the US Labor Market data. Those events will have significant impact on fluctuations.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair accelerated its growth last week according to our expectations. We think that USD/CHF is likely to develop its upside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to open positions after the release of the results of today’s US data.

Gold and Silver Technical Outlook November 3, 2017

GOLD (XAUUSD)

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Gold fluctuates with no tendency at the moment as investors are looking forward to see the results of today’s US Labor Market and Average Hourly Earnings data. We think that Gold is likely to increase its volatility after this release. XAU/USD may even change its tendency.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week according to our expectations. We think that XAU/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

SILVER (XAGUSD)

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Silver failed to offer an opportunity to open trades as the price did not reach the MA55 balance line. XAG/USD fluctuated within a range yesterday and is likely to stay within until today’s US Labor Market and Average Hourly Earnings data release.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver developed its decline last week according to our expectations. We think that XAG/USD is likely to continue its downside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55 balance line. We advise to open trades after the release of the US Labor Market and Average Hourly Earnings data.

Adamant-
Finance
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Posts: 99
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Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 6, 2017, 10:11
Quote

Technical Outlook November 6, 2017

EURUSD

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The currency pair worked out Friday’s US Labor Market and Average Hourly Earnings data. The price went upwards sharply in the first minutes after the release and then went downwards as the US Non-Farm Employment Change was above 200 000. The Unemployment Rate decreased giving additional support to USD. The only disappointing event was Average Hourly Earnings data which has shown 0 growth. We think that this release was the main reason of the upside momentum right after the issue of news. There is no many releases this week and we think that market participants are going to pay more attention to USD.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. WE think that USD is going to develop its upside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

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The currency pair went upwards right before the US Labor Market and Average Hourly Earnings data and then declined after the release of the statistic. We expect GBP/USD to develop the same scenario this week as the technical analysis favors further decline and fundamental analysis is not important in the nearest future.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair failed to break through the trend line last week We think that GBP/USD is likely to break through the trend line this week and is likely to accelerate its decline.

There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short positions from the MA55 balance line area. Place stop losses above the indicator.

AUDUSD

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The currency pair declined on Friday before the US Labor Market and Average Hourly Earnings data and accelerated its downside tendency after the release. AUD/USD is in the same situation as GBP/USD is as there is a probability of further decline. The Reserve Bank of Australia is going to have a meeting this week and we expect this organization to hold monetary policy unchanged. We think that the currency pair is likely to develop its downside tendency after this event.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week according to our expectations. We think that AUD/USD is likely to develop its downside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

USDCHF

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The currency pair repeated its Thursday’s fluctuations and had a short-term downside momentum. Market participants are likely to pay more attention to USD this week and we expect USD/CHF to develop its upside tendency.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. USD/CHF developed its growth last week according to our expectations. We think that the currency pair is likely to develop its upside tendency in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook November 6, 2017

GOLD (XAUUSD)

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Gold declined on Friday after the US data and established new Weekly lows. US Labor Market and Average Hourly Earnings data was mixed but positive as the Unemployment Rate declined and the number of new employees increased for more than 200 000. There is almost no significant data this week and we think the releases will not have significant impact on fluctuations. We think that market participants will pay more attention to the technical analysis.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price declined modestly last week according to our expectations. We think that XAU/USD is likely to develop its decline in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

SILVER (XAGUSD)

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Silver went downwards on Friday and we think that the precious metal is going to develop its downside tendency in the nearest future. We advise to look for the opportunities to open short positions. However, there is no tendency currently and we recommend doing nothing today.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver develop its downside tendency last week according to our expectations. We think that XAG/USD is likely to continue its decline in the next couple of days.

There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

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