SuperForex discussion thread

EUR/USD Technical Analysis & Daily Chart

We have the chance to sell the pair today.
Today we would take a look at the EUR/USD currency pair, which is one of the most popular trading instruments. After making slow but steady gains up until the ECB meeting last Thursday, the pair dropped sharply again and spent the weekend around the level of 1.1595.
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EUR/USD Technical Analysis

The pair continues to fall.
During the speech of the head of the ECB Mario Draghi, the euro continued its decline, departing further from the resistance level of 1.1630. After the recent statements of the Federal Reserve, the dollar continues to strengthen.
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GBP/USD Technical Analysis

The pair is moving down.
Despite mixed data from the US, our pair again fell into a decline. Currently the dollar index has surpassed the level of 95.00 and demonstrates the best performance since July 2017.
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https://superforex.com/analytics/gbp...0618/?x=FORUMS

OPEC Meeting in Vienna

OPEC members are currently deciding whether to increase oil production.
To say that the past year has been interesting for traders following the price of crude oil would be an understatement. With prices down to record lows recently climbing to 3-year-highs, the past couple of years have been quite tumultuous for oil.
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EUR/USD Technical Analysis & Daily Chart

We need to wait for more data before we can open a position.
Today we would take a look at the EUR/USD currency pair. After dropping significantly last week, the euro made a recovery over the weekend and the price of the pair is currently rising.
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EUR/USD Technical Analysis

The pair has found a resistance level.
At the beginning of today's trading session the dollar index found a support level at around 93.85, after which it began to grow. The dollar showed a weakening despite the release of positive data on the housing market in the US.
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Gold (XAU/USD): Review & Forecast

Investors prefer other safe assets at the moment. However, the situation can change with the development of the trade conflict. The deals to BUY seem the most effective in the medium and long term.
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EUR/USD Technical Analysis

The pair created a new wave.
Despite the likelihood of complications in trade relations between the US and its allies, the reserve currency continues to rise.
Macroeconomic data from the EU does not yet allow us to change the trend of our pair.
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EUR/USD Technical Analysis & Daily Chart

Today we expect the pair to be bullish and we have strong buy opportunities.
Today we would take a look at the EUR/USD currency pair. July has been good to the euro, as the single currency was able to make steady gains over the past week.
More information see here

AUD/USD Technical Analysis

The pair has found a resistance level.
At the moment we observe a strong weakening of the reserve currency and our pair is moving down. We can assume that against the background of global news and trade wars, the US dollar will continue its decline. However, our pair has found a resistance level and suspended the upward movement.
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CAD/JPY Fundamental Review & Forecast

There's a high probability of a rate increase by the Bank of Canada today. The deals to BUY seem the most effective in the near future.
The rates are in the mode of extremely high volatility due to multidirectional macroeconomic statistics, as well as tension because of the trade war. The market is still afraid of the development of trade war and reacts to any news.
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GBP/USD Technical Analysis

The pair is headed down.
Despite the macroeconomic data released on Wednesday from the US, we are currently seeing that the dollar index has stopped its decline and is trying to win back the positions lost earlier.
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EUR/SGD: Review and Forecast

The uptrend is losing its intensity. However, the deals to BUY seem the most effective.
A month and a half ago an upward trend was formed, though it can be completed soon. For about two weeks the rates have been in the flat range of 1.5863-1.5974 SGD. Both currencies cannot find enough incentives for growth.
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