Forex Forum

Welcome Guest 

Show/Hide Header

Welcome Guest, posting in this forum requires registration.





Pages: 1 [2]
Author Topic: Adamant Finance - Daily Analysis
Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 7, 2017, 10:36
Quote

Technical Outlook November 7, 2017

EURUSD

Image

The currency pair had no clear direction of fluctuations in the first day of a new week. However, we can see that there is a downtrend currently. We think that EUR/USD is likely to develop its downside tendency in the nearest future and it is better to look for short positions only.

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 advise to open short positions from the MA55 balance line area. Place stop losses above the indicator.

GBPUSD

Image

The currency pair went upwards and corrected its downside tendency. There was no sense to open short positions as GBP/USD’s growth was larger than we had expected. Anyway, we think that the currency pair is likely to decline and to cross the trend line on the Weekly chart. We give no recommendations as there is no tendency currently.

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

Image

The currency pair went upwards yesterday as the market participants were looking forward to see the results of the Reserve Bank of Australia meeting. The RBA’s policy remained unchanged as the central bank’s governor holds neutral position. There are two main reasons for him to hold Interest Rates – low wage growth and weak inflation. We advise to try short positions 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 the downtrend on the Hourly chart as the MA-channel goes downwards and the price is above the MA55 balance line. We advise to open short trades from the current levels. Place stop losses above today’s high.

USDCHF

Image

The currency pair remains neutral and is fluctuating within a tight range. However, we think that USD/CHF is likely to go upwards once again this week towards the trend line on the Weekly chart. WE give no recommendations now as there is no tendency.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair developed its upside tendency last week according to our expectations. We think that USD/CHF is likely to continue its growth 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 November 7, 2017

GOLD (XAUUSD)

Image

Gold went upwards significantly on Monday and we think XAU/USD is going to establish an upside tendency. However, it is better to monitor the situation as Gold has to continue its growth in order to prove the probability of upside tendency. We advise to avoid trading today.

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 avoid trading today as the situation is unclear.

SILVER (XAGUSD)

Image

Silver went upwards on Monday and this growth was significant. We think that XAG/USD is going to frustrate our downside tendency’s expectations. There is no trend currently and we advise to do nothing today.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver developed its moderate 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 below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 8, 2017, 10:31
Quote

Technical Outlook November 8, 2017

EURUSD

Image

The currency pair declined in the first half of Tuesday and then returned to its previous positions. EUR/USD is fluctuating within a tight range due to the lack of important data. However, USD pushes the currency pair down. There was no opportunity to open positions yesterday as the price failed to reach the MA55 balance line. We think that EUR/USD is likely to repeat yesterday’s scenario.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went downwards 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 close to the MA55 balance line. We advise to open short trades from the MA55 balance line area. Place stop losses above the indicator.

GBPUSD

Image

The currency pair established an upside tendency yesterday and confirmed it as GBP/USD jumped off the MA55 balance line. This situation is complex as we had expected GBP/USD to cross the trend line on the Weekly chart. We think that it is a good idea to look for long trades is the currency pair establish new highs and goes towards the MA55 balance line.

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 frustrating our expectations. We think that GBP/USD is likely to cross the trend line and accelerate its decline.

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.

AUDUSD

Image

The currency pair offered an opportunity to sell from 0,76750 and the price was in the profit area. You could take about 500 pips yesterday or leave your positions. Anyway, we recommend fixing your trades partially as the price may reverse against your positions. If you leave trades live, protect them carefully.

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

Image

The currency pair fluctuates with no tendency currently. It stays within a range now. However, we think that USD/CHF is likely to make another burst towards the trend line on the Weekly chart. We give no recommendations now as there is no trend.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair developed its upside tendency last week according to our expectations. WE think that USD/CHF is likely to continue its growth 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 8, 2017

GOLD (XAUUSD)

Image

Gold failed to resume its upside tendency yesterday and we think XAU/USD is likely to start to decline in the nearest future. However, this Tuesday’s decline was nothing more than a simple correction and Gold is able to resume its upside tendency as well. There are no clear signs of future direction now and we think it is better to do nothing today.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined modestly 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)

Image

Silver has more active fluctuations but it is also in neutral position now. The price is below the MA55 balance line, but it may go upper. If the price holds below the MA55 balance line, there is the probability of further downside tendency. There is no trend currently and we advise to avoid trading today.

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 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 close to the MA55 balance line. We advise to avoid trading today as the situations is unclear.

Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 9, 2017, 11:32
Quote

Technical Outlook November 9, 2017

EURUSD

Image

The currency pair is fluctuating within a tight range along the MA55 balance line. There is no important data this week and the period of corporation reports has shifted the focus of market participants attention towards the stocks. However, we expect volatility to grow again with the first important releases.

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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

GBPUSD

Image

The currency pair offered no opportunities to open long positions as its price failed to establish new daily highs. GBP/USD went downwards instead. The currency pair is trying to establish a range and we give no recommendations as there is no trend currently and the situation is unclear.

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 cross the trend line and 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 below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

Image

The currency pair tries to establish a range. If you had a short position, it closed at breakeven level. We had the right decision to fix trades partially. There are several central bank heads’ comments today and we think that the volatility is going to grow.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined 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 avoid trading today as the situation is unclear.

USDCHF

Image

The currency pair tries to establish a very tight range and is in the neutral position. However, we think that USD/CHF is likely to make another upside burst this week towards the trend line on the Weekly chart. We give no recommendations today as there is no trend currently.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair went upwards 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 avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook November 9, 2017

GOLD (XAUUSD)

Image

Gold established new weekly highs and we can see a clear upside tendency. This means that XAU/USD may cancel an expected downside tendency. Now you can look for long positions. Gold is growing as market participants think that the new fiscal reform project will be rejected by the Congress. If Congress adopts this project, Gold will be under the pressure as there is a probability of the business activity growth and Interest Rates hike.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined last week modestly according to our expectations. We think that XAU/USD is likely to develop its moderate 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. Place stop losses below the indicator.

SILVER (XAGUSD)

Image

Silver failed to continue its growth and was trading within a range. The price is forming a triangle and we think that XAG/USD is likely to go anyway in the nearest future. There is no tendency now and we give no recommendations.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver developed its moderate 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 close to the MA55 balance line. We advise to avoid trading today as the situations is unclear.

Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 10, 2017, 10:08
Quote

Technical Outlook November 10, 2017

EURUSD

Image

The currency pair fluctuated with no clear direction but ended Thursday with a growth. The volatility is low as there are no drivers for significant fluctuations. EUR/USD has made attempts to establish a upside tendency yesterday, but we think that it has no chances to grow further. We would like to remind you that it is Friday and it is better to avoid trading today as the volatility is low.

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 the currency pair is going 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

Image

The currency pair still fluctuates within a range without any clear direction. There is important UK data on the way today which is able to have significant impact on volatility. However, we give no recommendations as the volatility is low.

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 cross the trend line and accelerates 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

AUDUSD

Image

The currency pair is still trading within a flat range. Central bank heads’ comments had no impact on fluctuations. We think that the only thing you can do is to wait until the volatility grows again. There are several important data releases in Australia the next week. They are able to shake the markets and we expect that AUD/USD increases its volatility.

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 avoid trading today as the situation is unclear.

USDCHF

Image

The currency pair made some attempts to leave its range but there is no tendency currently. USD/CHF is able to resume its decline or to stay within a range. It is better to do nothing today anyway as the tendency was established during the European session and we need time to wait until velar signals.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair develop its growth according to our expectations. We think that USD/CHF is likely to continue 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 November 10, 2017

GOLD (XAUUSD)

Image

Gold failed to offer opportunities to buy from the Ma55 balance line as the price did not approach the indicator. XAU/USD continues its moderate growth as the market participants expect the new fiscal project to be rejected by the Congress members. Everything may be clear in the nearest future and Gold is likely to accelerate its fluctuations and the direction depends on the results of the Congress decision.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined modestly 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 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.

SILVER (XAGUSD)

Image

Silver still fluctuates within a range without a clear tendency and we give no recommendations. We think that any Congress decision on the future of the new fiscal project will have significant impact on fluctuations. The direction will depend on the positive or negative 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 13, 2017, 10:20
Quote

Technical Outlook November 13, 2017

EURUSD

Image

The currency pair had a smooth growth on Friday. The decision to avoid trading was right as there was no chance to open good positions. There are many important releases this week and we expect the volatility to grow significantly. There will be more comfortable to open positions. We think that today there will be no sharp fluctuations as there is no important releases on Monday.

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

There is the uptrend 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

Image

The currency pair had a significant growth on Friday after the better than expected UK manufacturing data. However, GBP/USD started a new week with a sharp decline. We think that the currency pair is likely to break through the trend line on the Weekly chart. This may happen in the first half of the week. There is no tendency unfortunately and we give no recommendations. However, you can open short positions at your own.

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 frustrating our expectations. We think that GBP/USD is likely to break through the trend line and accelerate 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

Image

The currency pair has no tendency and is still fluctuating within a range. We think that AUD/USD is likely to stay within this range. However, we expected AUD/USD to leave the range tomorrow as there are many releases, which is likely to increase volatility 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 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.

USDCHF

Image

The currency pair established a downside tendency but the price is above the MA55 balance line today and we think that USD/CHF is likely to change its tendency. We advise to avoid selling for this reason. We expect the currency pair to develop its upside tendency and to break through the trend line on the Weekly chart.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. USD/CHF failed to grow last week as we had expected. We think that the currency pair is likely to resume its growth 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.

Gold and Silver Technical Outlook November 13, 2017

GOLD (XAUUSD)

Image

Gold offered an opportunity to buy from the MA55 balance line and the price went upwards allowing to move stop losses at breakeven level. However, XAU/USD declined sharply later on Friday and stop losses triggered, which lead to a significant downside tendency. We think that today’s fluctuations are going to be weak as market participants are going to prepare conditions for further downside tendency.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold failed to decline last week frustrating our expectations. We think that XAU/USD is likely to be trading within a tight range 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 situations is unclear.

SILVER (XAGUSD)

Image

Silver still fluctuates within a range with no clear tendency and we give no recommendations. There are many important releases this week from US and European countries and this can provide Silver with the necessary volatility in order to leave the range.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to stay within the range 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.

Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 14, 2017, 10:44
Quote

Technical Outlook November 14, 2017

EURUSD

Image

The currency pair fluctuated within a small range on Monday according to our expectations. There are several Eurozone releases today including GDP, ZEW index and manufacturing data. Those events may shake the market. The currency pair shows intensions to grow but further dynamics will depend on the results of the Eurozone data. We advise to do nothing now as the situation may have significant changes after the release of the Eurozone statistics.

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

There is the uptrend 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 situations is unclear.

GBPUSD

Image

The currency pair is ready for further decline and we think it is time to look for short positions today despite the fact that there is no tendency currently. There is important inflation data today, which is able to push GBP/USD further downwards. It is better to do nothing before the release of this data.

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 frustrating our expectations. We think that GBP/USD is likely to cross the trend line and 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 below the MA55 balance line. We advise to open short trades from the MA55 balance line area. Place stop losses above the indicator.

AUDUSD

Image

The currency pair declined yesterday and we can see that AUD/USD is weak. There is a downside tendency currently and we think it is time to look for short positions. The Australian business confidence data was better that previous one and we think the currency pair has chances to correct a little in the upside direction.

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 below the MA55 balance line. We advise to open short positions from the MA55 balance line. Place stop losses above the indicator.

USDCHF

Image

The currency pair fluctuated in a small range and has started to change its tendency according to our expectations. Bulls are still trying to establish an upside tendency and we give no recommendations. However, we think that USD/CHF is likely to grow significantly today.

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

There is no trend 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 14, 2017

GOLD (XAUUSD)

Image

Gold established a downside tendency according to our expectations yesterday and fluctuated in a small range. We advise to look for short positions today along the trend. However, there are numerous important data releases and there is a probability that there will be no clear direction today. Anyway, we think that XAU/USD will be under the pressure.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold failed to decline last week frustrating our expectations. We think that XAU/USD is likely to stay within a small range 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.

SILVER (XAGUSD)

Image

Silver is trading independently from Gold and is trying to establish a small range. There is no tendency currently and we give no recommendations for today. We advise to wait until the price goes any direction in order to open positions.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to develop its fluctuations within a limited range.

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 situations is unclear.

Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 15, 2017, 10:25
Quote

Technical Outlook November 15, 2017

EURUSD

Image

The currency pair went upwards yesterday due to the Eurozone data, which met the expectations and some figures were even better. Today we advise to pay attention to the US consumer inflation data. Yesterday’s Producer Price Index has shown a good growth. This inspires market participants and USD is likely to develop is upside 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. EUR/USD is likely to accelerate its downside tendency in the next couple of days.

There is the uptrend on the Hourly chart as the MA-channel goes downwards and the price is above the MA55 balance line. EUR/USD is above the MA-channel and we advise to avoid trading today as the situation is unclear.

GBPUSD

Image

The currency pair offered an opportunity to open short positions during the European session as it approached the MA55 balance line. You could earn about 500 pips. The downside tendency was due to the inflation data, which was below the expectations. We advise to pay attention to today’s UK Labor Market and Average Wages data.

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

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 open short positions from the MA55 balance line. Place stop losses above the indicator.

AUDUSD

Image

The currency pair offered an opportunity to sell yesterday according to our recommendations. The price declined for 300 pips. You could leave the trade and if you did this, you could earn about 700 pips as AUD/USD declined sharply during the Asian session. You could fix the profit as this is a goof result for this currency pair.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined slightly 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 below the MA55 balance line. The price is far from the MA55 balance line and we advise to avoid trading today.

USDCHF

Image

The currency pair has left the range and went downwards. USD/CHF frustrated our growth expectations. We advise to look for short positions from the MA55 balance line. However, there is a support line on the way. It may change the situation.

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

There is no trend on the Hourly chart as the MA-channel goes upwards and the price is below the MA55 balance line. The price is far from the MA55 balance line and we advise to avoid trading today.

Gold and Silver Technical Outlook November 15, 2017

GOLD (XAUUSD)

Image

Gold was going downwards before the American session and established new weekly lows, but then went upwards, and returned to the range. XAU/USD failed to decline. 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 failed to decline last week frustrating our expectations. We think that XAU/USD is likely to stay within the range for 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)

Image

Silver fluctuates on its own independently from Gold. There is no tendency currently and we give no recommendations today. We advise to wait until Silver establishes a tendency.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to stay within a limited range for 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-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 16, 2017, 08:54
Quote

Technical Outlook November 16, 2017

EURUSD

Image

The currency pair declined yesterday after the US CPI data release according to our expectations. We have seen a slight growth of the core CPI. This was the reason for USD to grow. Market participants are going to shift their attention to today’s Eurozone CPI data and numerous Federal Open Market Committee members’ comments. We think that EUR/USD is likely to develop its downside correction in the nearest future.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went downwards last week according to our expectations. We think that EUR/USD is likely to accelerate 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 avoid trading today as the situations is unclear.

GBPUSD

Image

The currency pair failed to offer an opportunity to open short positions. Yesterday’s UK Labor Market data was better than expected and GBP/USD went upwards. Today the market participants are going to pay attention to UK Retail Sales data.

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 cross 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 open short positions from the MA55 balance line. Place stop losses above the indicator.

AUDUSD

Image

The currency pair failed to go below its previous lows and we were right to recommend fixing trades. We gave no advises yesterday as the price was far from the MA55 balance line but it almost reached the indicator and you had a chance to sell. Today’s Australian Labor Market data was better than expected but AUD/USD failed to go above the MA55 balance line.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went downwards 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 below the MA55 balance line. We advise to open short positions from the MA55 balance line today. Place stop losses above the indicator.

USDCHF

Image

The currency pair went downwards sharply but it was stopped by the trend line according to our expectations. If the price goes above the MA55 balance line, there will be no more opportunities to sell. We think you need to wait until the price reaches the MA55 balance line and jumps off it in order to open short positions. Otherwise, we advise to do nothing today.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair failed to grow last week frustrating our expectations. We think that USD/CHF is likely to resume its upside 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 today from the MA55 balance line. Place stop losses above the indicator.

Gold and Silver Technical Outlook November 16, 2017

GOLD (XAUUSD)

Image

Gold is still fluctuating without a clear direction. We think it is time to look for trades within a channel. We have a good example of such a channel on our screenshot. How to work within such a range? You open positions from its boundaries aiming the opposite side.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold failed to decline last week frustrating our expectations. We think that XAU/USD is likely to develop its range fluctuations 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 situations is unclear.

SILVER (XAGUSD)

Image

Silver stays within a horizontal range and still forms a small channel. There is no tendency currently and we think it is time to look for trades within this range. We advise to open positions from the boundaries of the channel, aiming the opposite sides of it.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. XAG/USD failed to go downwards last week frustrating our expectations. We think that Silver is likely to stay within this limited range for 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 situations is unclear.

Adamant-
Finance
Advanced
Posts: 63
Permalink
Adamant Finance
Post Re: Adamant Finance - Daily Analysis
on: November 17, 2017, 11:34
Quote

Technical Outlook November 17, 2017

EURUSD

Image

The currency pair had a downside correction yesterday according to our expectations. We gave no recommendations for this reason. EUR/USD went upwards sharply during the Asian session and we think the currency pair has some fuel to develop this upside tendency. However, as EUR/USD had a downside tendency for the whole week, we think it is going to establish a range or develop its downside correction.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair continued to go downwards last week. We think that EUR/USD is likely to accelerate 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 avoid trading today as the situation is unclear.

GBPUSD

Image

The currency pair approached the MA55 balance line but failed to reverse it downwards and there was no opportunities to open short positions. The UK Retail Sales data was better than expected and GBP/USD resumed its moderate growth. We think that the currency pair is likely to start a correction today as there is no important data on the way.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair crossed the trend line last week. We think that GBP/USD is likely to break through the trend line and accelerate 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 avoid trading today as the situation is unclear.

AUDUSD

Image

The currency pair offered an opportunity to open short positions from the MA55 balance line. Further downside tendency was not deep but enough to protect positions by moving stop losses at break even level. Stop losses triggered later. AUD/USD increased the speed of its downside tendency but we were out of the market during the Asian session. The price tries to break through the trend line on the Weekly chart but we don’t this this scenario is vital on Friday.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined a bit 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 below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

USDCHF

Image

The currency pair offered an opportunity to open short positions from the MA55 balance line but stop losses triggered. USD/HCF started a correction after the attempts to break through the trend line on the Hourly chart. We think that the currency pair is likely to fluctuate within a range today.

There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair failed to grow last week frustrating our expectations. We think that USD/CHF is likely to resume 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 avoid trading today as the situation is unclear.

Gold and Silver Technical Outlook November 17, 2017

GOLD (XAUUSD)

Image

Gold still fluctuates with no clear direction. We think it is time to look for positions within the range. You can see the example of such a range on the screenshot. If you want to trade within this range, you are to open positions on its boundaries, targeting the opposite sides. The price is close to the middle of the range and we advise to avoid trading in this situation.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold failed to decline last week frustrating our expectations. We think that XAU/USD is likely to stay within a limited range 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)

Image

Silver stays within a horizontal channel and continues to fluctuate within. There is no trend currently and we think it is time to look for positions within the channel, that you can see on our screenshot. IF you want to open positions within this range, you are to buy and to sell from its boundaries, targeting the opposite side. The price is closer to the upper side of the channel and we advise to prepare to sell.

There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to stay within a limited range for 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 short positions from the upper side of the channel.

Pages: 1 [2]
Mingle Forum by cartpauj
Version: 1.0.34 ; Page loaded in: 0.333 seconds.