Forextuitions

Forextuitions

The EUR/USD pair jumped to 1.1979 following the release of the US Nonfarm Payroll August report. The pair however, changed course quickly on headlines reporting that the ECB won't be ready to taper QE until December, which seems a desperate move to keep the pair below the 1.2000 level. Now struggling around 1.1900, the 4 hours char shows that the pair was unable...

Forextuitions

USDJPY prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USDJPY-bearish contrarian trading bias. We can see one more rally before falling.

Forextuitions Updated 

GBPUSD the pair still the long term trend is downwards , but as technically the pair making short term bullish pattern as currently the pair made a strong support on daily candle, after the gap opening the pair filled the gap and bounce back upwards , on weekly candle the pair making a Dozi pattern , as per technical i like to long the pair for immediate target of...

Forextuitions

USDJPY Still the pair large trend shows another leg down towards 108.00, after FOMC dovish statement the pair fall again from strong resistance. Currently the pair trading above on strong support could possible temporary bounce with resistance at 110.85/111.05 now ideally capping to keep the risks directly lower to test the low of the year at 108.13. Long...

Forextuitions

USOIL prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the United States. U.S. crude production has broken through 9.5 million barrels per day (bpd), its highest since July 2015, but analysts say growth may slow as U.S. energy firms cut the number of rigs drilling for new oil."It looks like the growth in U.S....

Forextuitions

USDCAD pair fall after Canada CPI positive, still the daily target has not achieved, as technical the pair bounce from 38.2 fibo ,currently the pair trading on 4hr support with under the bearish tend, if break we can see daily target , we expect one more bounce from here towards 1.2600/1.2625 and then we can see another fall towards 1.2460. we don't like to buy...

Forextuitions

NZDUSD the pair trading on strong support zone with double bottom pattern on daily candle , but it stuck under the strong resistance 7300, we expect to break above the 0.73 handle, which would be very bullish and have this market looking for higher levels. Upcoming NZD elections also a major part of volatility . BUY NZD/USD ' @0.7290/0.7260 Target:...

Forextuitions

GBPJPY fall after the CPI data negative ,but yen fall in global market due to north korean tense , As technically currently the pair trading on 200 MA on daily time frame with the bullish pattern towards re test support around 144.00. We don't like to selling the pair . BUY GBPJPY @142.30/15 Take profit: 143.30 stop loss: 142.80 gud luck ! #forextuitions

Forextuitions

USDJPY the pair trading under pressure despite positive NFP, Overall we believe the pair has target 112.00/114.00 , but before reach this target we can see one more leg down towards 119.50/108.80. as technically Currently the pair stuck in triangle on 4hr time frame and the Pair is testing the trendline since 4.2017, but should fail and trade lower into...

Forextuitions

USOIL the pair have huge volatility expecting this month, as OPEC have The two-day gathering in Abu Dhabi, United Arab Emirates, will focus on members’ compliance with the output pact the cartel signed with 10 other oil suppliers, including Russia, in late 2016. The deal so far hasn’t produced meaningful effect in tamping down global output or inventories.One...

Forextuitions

CHFJPY fall after dovish comment from snb with no interventions, over all the pair still bearish ,currently the pair making support zone with the double bottom pattern into daily time frame, we can see one retracement level uptp 50% .We don't like to selling the pair. BUY CHFJPY @113.90/75 Target: 114.70/115.30 Stoploss: 113.40 gud luck ! #forextuitons

Forextuitions Updated 

USDJPY pair traded on bearish trend, We expect falling US Treasury yields to push USD/JPY through the resistance level and open up technical scope for further downside along with The latest FOMC statement is expected to display more caution over the pace of further policy tightening by signalling more concern over the softer inflation recorded in recent months.As...

Forextuitions Updated 

USDCHF still has not completed his weekly target, the pair rebound after usd fundamental support,The 10-year yield rose from 2.26% to 2.32%, the highest in a week. Also economic data came in better-than-expected. US consumer confidence rose above expectations while the Richmond Fed Manufacturing Index came in at 14 (vs 7). Another factor that could be supporting...

Forextuitions Updated 

EURJPY rally more than 1000 pips after opening the gap on 04/24 , still there is a monthly target not achieved we can see soon towards 131.50/133.10 , but currently the pair tested 200 MA on weekly candle with hidden short term divergence on 1hr time frame ..before rally we can see atleast three waves down to make support between 129.33/128.90. Short term...

Forextuitions Updated 

GBPJPY pair fall after BoE 6-2 Monetary Policy Committee split vote - with no new rate hike dissenters , As technically the pair traded below trend range with strong resistance around 145.30/40, we can see one more leg down from 145.20/45 towards 143.60/143.00. We dont like buying the pair. Sell GBPJPY @145.25/45 Target: 144.50/144.00 Stop loss: 146.00 Gud...

Forextuitions

USDJPY pair still into bearish trend, Currently the pair trading between parallel trend under the trend range, Looking ahead, the pair could struggle to take on the recovery further towards 111 levels, as renewed weakness in oil prices could weigh down on the risk sentiment, while increased cautiousness ahead of the US ADP jobs report could also keep a lid on the...

Forextuitions Updated 

EUR/USD pair reached 1.1776, an over two-year high during the Asian session, and as a consequence of Fed's monetary policy announcement, which bring no news. as technically the pair has overall upper trend with the pattern of large double bottom around 1.1460/35 EUR/USD is likely to retest the graphical hurdle at 1.1875/1.2043consisting of lows of 2010 and 2012....

Forextuitions Updated 

USOIL overall expecting rally soon, As last long signals target was hit and still we are long .Due to sentiment soured amid indications that supply from OPEC was set to rise US OIl settled lower for the second session in a row of Friday.we have some OPEC meeting this week to deal cut productions, there are some another reason to see $50 barrel soon.The most recent...