Technical outlook: The 4H chart view has been presented here with immediate trendline resistance through the recent highs. It is seen that...
Tuesday, March 19, 2019
When the European market opens, some economic data will be released such as German PPI m/m. The US will also publish the economic data such...
In Asia, Japan will release the Monetary Policy Meeting Minutes and the US will publish some economic data such as Federal Funds Rate and C...
AUD/CAD approaching support, potential bounce!
RobotFX
March 19, 2019
AUD/CAD is approaching our first support at 0.9388 (horizontal swing low support, 100% Fibonacci extension , 61.8% Fibonacci retracement ) ...
AUD/USD approaching support, potential bounce!
RobotFX
March 19, 2019
AUD/USD is approaching our first support at 0.7048 (horizontal overlap support, 61.8% Fibonacci retracement ) where we might see a bounce t...
March 19, 2019: EUR/USD Intraday technical levels and trading recommendations
RobotFX
March 19, 2019
On January 10th, the market initiated the depicted bearish channel around 1.1570. The bearish channel's upper limit managed to push pr...
March 19, 2019: GBP/USD Intraday technical levels and trading recommendations
RobotFX
March 19, 2019
On January 2nd, the market initiated the depicted uptrend line around 1.2380. This uptrend line managed to push price towards 1.3200 befor...
Analysis of EUR/USD divergence for March 19: pair is ready to continue growth
RobotFX
March 19, 2019
4h As seen on the 24-hour chart, the pair consolidated above the retracement level of 127.2% (1.1285). Thus, the growth is expected to con...
Analysis of GBP / USD divergence for March 19. A bullish divergence and rebound interrupted dollar growth
RobotFX
March 19, 2019
4h As seen on the hourly chart, the pair made the fourth drop from the Fibo level of 38.2% (1.3220) and climbed to the level of 23.6% (1.3...
Technical analysis of NZD/USD for March 19, 2019
RobotFX
March 19, 2019
Overview: The NZD/USD pair breached resistance which had turned into strong support at the level of 0.6705. The pair is still moving around...
Technical analysis of USD/CAD for March 19, 2019
RobotFX
March 19, 2019
Overview: The USD/CAD pair continues to move upwards from the level of 1.3228. Today, the first support level is currently seen at 1.3228. ...
Latest Forecast March 19, 2019
RobotFX
March 19, 2019
As we wrote in the previous reviews, Brexit would be postponed for a long time. On Tuesday morning, the UK British Parliament's speaker ...
Fundamental Analysis of USD/CAD for March 19, 2019
RobotFX
March 19, 2019
After a strong bullish momentum, the price is currently trading at the edge of 1.33 with certain indecision and volatility. Canada provided ...
Fundamental Analysis of GBP/USD for March 19, 2019
RobotFX
March 19, 2019
GBP/USD recently turned extremely volatile and corrective while pushing towards 1.3400-1.3500 resistance area amid an impulsive bullish tren...
Fundamental analysis of USD/JPY for March 19, 2019
RobotFX
March 19, 2019
USD/JPY has been quite volatile after rejecting off the 112.00 area recently which lead the price to reside below 111.50. It is set to move ...
Technical analysis of EUR/USD for 19/03/2019
RobotFX
March 19, 2019
Technical market overview: The EUR/USD pair has hit the technical resistance at the level of 1.1353, but there is no sign of a reversal yet...
BITCOIN Analysis for March 19, 2019
RobotFX
March 19, 2019
Bitcoin is trading at the edge of $4,000. The price has been quite volatile and corrective since it broke above it with an impulsive daily c...
Technical analysis of GBP/USD for 19/03/2019
RobotFX
March 19, 2019
Technical market overview: Despite the lower low made at the level of 1.3183 not much has happened at the market. The GBP/USD pair is still...
Technical analysis for Gold for March 19, 2019
RobotFX
March 19, 2019
Gold price so far has held support at $1,292 and has also recaptured $1,300. As long as price is above $1,300-$1,292 support area we could s...
Technical analysis for EUR/USD for March 19, 2019
RobotFX
March 19, 2019
EUR/USD continues to hold above the 1.13 support area and slowly but steadily has reached our next bounce target area of 1.1350-1.1380. The ...
Elliott Wave analysis of Bitcoin for 19/03/2019
RobotFX
March 19, 2019
Technical market overview: The BTC/USD pair has been trading in a horizontal zone between the levels of $4,000 - $4,080 for some time now, ...
Elliott Wave analysis of Ethereum for 19/03/2019
RobotFX
March 19, 2019
Technical market overview: Since the top of the wave (b) at the level of 143.51, the ETH/USD pair is slowly dropping lower making lower low...
Elliott wave analysis of GBP/JPY for March 19, 2019
RobotFX
March 19, 2019
With the break below short-term important support at 147.36 it was confirmed, that a B-wave triangle had developed and more downside pressu...
Elliott wave analysis of EUR/JPY for March 19, 2019
RobotFX
March 19, 2019
We remain bullish expecting EUR/JPY to continue higher towards 127.50 as the next target. Only a break below support at 126.00 will delay t...
EUR/USD analysis for March 18, 2019
RobotFX
March 19, 2019
EUR/USD has been testing the 3-day resistance at the price of 1.1340 but there are still no larger buyers. According to the daily time-fra...