Technical Analysis by Vistabrokers

[Vistabrokers]

GOLD. Positional Warfare on 5-Year Lows



Bulls try to use the important support level (more than 5-year low) for counteroffensive, but unsuccessfully.

Meanwhile, quotes can leave borders of the descending triangle and we should be ready to work towards a breakout. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GOLD. Gold Loses Followers



The Fed meeting in December is coming closer and a possible rate hike attracts investment flows in fixed income securities of the USA.

Gold prices came close to the support level of 1063, threatening with breakout.Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. Trend Is at Threat



After a short break bears in USD/JPY got down to business again.

It is recommended to place the opening breakout order at 122.22 with the first target at 121.59. Find out more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. «Head-n-Shoulders»?



The current price dynamics of USD/JPY resembles the reversal pattern "head and shoulders".

At this point it is recommended to hold long positions and add volume at the approach to the current support line. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

AUD / USD. Aussie Strains at Leash



The upward movement of AUD/USD quotations develops within the designated channel.

Strong GDP data for the third quarter significantly reduced the risk that the RBA will return to the rate cut in the coming months. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GBP / USD Leaves Equilibrium Point



Bears inGPB/USDtried to show who is the boss - as a result we have the retracement of the pair, but these efforts don't look too serious yet.

Note that from the fundamental point of view, there were some factors, which had "helped" the decline. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GOLD Continues to Lose Supporters



Quotations of Gold once again updatedmulti-year lows after the publication of the strong ADP data in the USA.

This movement was also supported by positive comments of the Fed chief Janet Yellen. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

EUR / USD. Afterparty



EUR/USD rose by more than 3% after the ECB meeting- the highest daily growth over the past few years.

Many short positions were closed and the downward channel is no longer relevant, but purchasesdo not look reasonable yet. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. Show Must Go On



The second shoulder of the hypothetical reversal pattern "head and shoulders" in USD/JPY was almost completely formed.

We are waiting to see the last condition - the breakout of the "neckline." Find out more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

AUD / USD. Minimum Growth Target Was Reached



Friday's data on the U.S. employment did not give bears in AUD/USD substantial dividends.

At the same time, the growth of the pair met resistance at 38.2% Fibonacci retracement, and at the moment, upward trend may stall. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. Consolidation Continues



Hypothetical "head and shoulders" mutated into another potential reversal pattern - "triple top".

Perhaps, scheduled for Tuesday night data will make significant adjustments in USD/JPY dynamics, but for now we are out of the market. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

AUD / USD. Short-Term Uptrend Is Under Threat



Thelast day large-scale reduction of AUD/USD led to the displacement of the price below moving averages (trend indicators).

It is recommended to stay out of the market and wait for the further evidence of the downtrend before considering short positions. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / CAD. Customers Received Operating Space



The decline of oil to multi-year lows led USD/CAD almost to the eleven-year high.

The development of the upward trend can be supported by investors, whose tactic is focused on the work in a trend, which can lead to a massive new wave of growth. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. It Happened!



USD/JPY has finally broken a graphic border of the reversal pattern "triple top".

It is recommended to hold short positions in order to reach the level of 120.85. Find out more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GBP / USD. Pound Is Disturbed



GPB/USD continues to actively trade within the range of the well-established range in the area of 1.50.

It is recommended to place the opening order on the breakout of the yesterday's high. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

EUR / USD. Recovery Continues



A new dash of the single currency to the north was not so powerful as the previous one, however, the upward trend in EUR/USD is developing.

It is recommended to stay out of the market aheadof today's U.S. statistics. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / CAD. Dollar Is Getting More "Expensive"



The loonie continues to suffer from the negative dynamics of oil prices, leading to new multi-year highs in USD/CAD.

It is recommended to hold long positions at least beforethe retail sales data in the United States. Discover more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

Market Outlook According to Bill Williams System: USD/JPY



We continue to hold the sale position in USD/JPY.

Meanwhile, it is worth noting that in the recent days the volatility of the instrument has grown significantly, and therefore it is recommended to maintain the increased level of vigilance. Read more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

GOLD. Bulls Hold Fort



Gold continues to drift near multi-month lows. It is recommended to stay out of the market, but be ready to enter it on the breakout of 1050 downwards.

It is also an alternative scenario. Find out more at Technical Analysis of Vistabrokers.

 

[Vistabrokers]

USD / JPY. Prior to Event of Year



A new downward impetus has led USD/JPY to the achievement of the next support level.

It should be noted that the fall was caused not only with technical factors but also with the decline in world stock markets. Read more at Technical Analysis of Vistabrokers.