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Adamant Finance

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Posts posted by Adamant Finance

  1. 03.01.2018

    Dear members of the community,
    We would like to summarise the results of https://www.facebook.com/groups/crazysignals/permalink/1599182093482430/  contest week.
    Zhosep Andrian https://www.facebook.com/zhosep
    The winner is  Idadul Setia https://www.facebook.com/nasriah.nasriah.9889

    26169456_1579113762156190_17257806838761

    We invite all to take part in Adamant Finance contest, which takes place via Facebook social network https://www.facebook.com/groups/crazysignals/permalink/1429454133788561/


    25497958_506646756375221_308339707366586

    The winner is given 50USD welcome bonus + 50USD to the Classic account, which make 100USD in total. We summarise the result each Monday and release this information in our Facebook community http://www.facebook.com/adamantfinance

    The winner is chosen randomly via a special service http://www.fanpagekarma.com

  2. Technical Outlook December 29, 2017

    EURUSD
    58382719519f2d558db54f6df9e73046.jpg

     The currency pair develop its uptrend as USD continues to fall. Today is the last day before long holidays and we think that the volatility is likely to be low. USD may start to grow the next year and we advise to fix all positions before the weekend and the holidays. There is no important data today and we think that the fluctuations are likely to be calm with no sharp momentum.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week contrary to our expectations and we think that this was due to the holidays. We think that EUR/USD is likely to go upwards 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
    8f306b8d336c990e1a982cbecd0be964.jpg

    There was no opportunity to open short positions from the MA55 balance line as the price failed to reach those levels. Today is the last trading day before long holidays and we think that GBP/USD is likely to stop its upside tendency. The volumes are low and the currency pair may start a consolidation. There is no important data today and we think that the volatility will be low.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week and stood in a small range. We think that GBP/USD is likely to stay within a limited range until the end of the week.

    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
    12e8cec23f4cb012099056d48cf053c8.jpg

    The currency pair offered an opportunity to open long positions from the MA13 and the price was in the profit area for 150 pips. It was enough to protect trades. However, the upside tendency stopped there and we recommend fixing al your existing positions as they are. We expect AUD/USD to start a consolidation. There is no important data today and we think there will be no sharp fluctuations or volatility growth.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair went upwards last week contrary to our expectations. We think that AUD/USD is likely to develop its upside tendency or stay within the range until the end of the year.

    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.

    USDCHF
    3d939c54f1a15e59af5a27cfa1cb4db8.jpg

    There was no opportunity to open positions with high risks as the price failed to reach the MA13 level. The price was there by the end of the American session and there was no reason to open positions at that moment. There is no important data today and we expect no volatility rise as long holidays are on the way.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair declined last week contrary to our expectations. We think that USD/CHF is likely to develop this both sides fluctuations tendency.

    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.


    Gold and Silver Technical Outlook December 29, 2017

    GOLD(XAUUSD)
    d47bc504f18aff9a5fac1a35ce54fe1c.jpg

    Gold resumed its upside tendency yesterday as the volumes were low. The volumes declined even further today in the morning. We think that this may stop the price growth. Today is the last day before long holidays and there is no important data to shake the markets. 
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold went upwards last week frustrating our expectations. We think that XAU/USD is likely to develop its upside tendency until the end of the year.
    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. 

    SILVER(XAGUSD)
    d52b4e434a5dbb36cab3b548f12e0578.jpg

    Silver is in the same position. The price goes upwards as USD becomes weaker and the volumes are low. We think that XAG/USD is likely to stop its upside tendency today as the market participants are going to fix their positions on the eve of long holidays. There is no important data today and we do not think that the volatility will be high.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver failed to decline last week contrary to our expectations. We think that Silver is likely to go upwards before the end of the year.

    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.

  3. Technical Outlook December 27, 2017

    EURUSD
    b7d1e52eb519271f0c55f835c9a25eac.jpg

    The currency pair fluctuated in a 300 pips range yesterday as the volatility was very low. There is no important data today and we expect no price bursts. However, European banks start to work today after long holidays and major market participants may increase the volatility. However, we expect the fluctuations to remain calm and limited for the whole week.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week contrary to our expectations, which was due to the upcoming Christmas holidays. 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 above the MA55 balance line. We advise to avoid trading today as the situation is unclear. 

    GBPUSD
    577bc903fc076f469e8c344ea77e6d5e.jpg

    The currency pair fluctuated in a limited range yesterday. American market participants returned from the holidays, but they failed to provide enough liquidity and volumes in order to increase volatility. It is hard to take decisions in such conditions and we give no recommendations. There are no important events today.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions within a limited range last week. We think that GBP/USD is likely to stay within this 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

    AUDUSD
    3e29c8c23d0f88136da2f785bf906e7a.jpg

    The currency pair started to develop its upside tendency yesterday and continued to go upwards today. We can see that there is the uptrend currently. This could offer a good opportunity to open long positions. However, fluctuations are week and the volatility is low. It is better to do nothing today. There are no important events today that are able to shake the markets.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair continued its growth last week contrary to our expectations. We think that AUD/USD is likely to develop its upside tendency or to stay within the range for 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.

    USDCHF
    a49ae50581e89ed052a208d3bcbbc3dc.jpg

    The currency pair fluctuated in a limited range as the other assets yesterday. There were no reasons to open positions. The currency pair is in neutral position now and it is better to avoid doing anything. There are no important events today and we think that the volatility remains low.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair declined last week contrary to our expectations. We think that USD/CHF Is likely to develop its both sides 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 situation is unclear.


    Gold and Silver Technical Outlook December 27, 2017

    GOLD(XAGUSD)
    be9281d17f88896317d5f5e6accffa8c.jpg

    Gold offered an opportunity to open long positions from the MA13 according to our recommendations and the price was in the profit area for 600 pips. It was enough to take profit as the volatility is still low. If you had fixed the trades partially, we advise to close the remaining positions at current price as we expect some price consolidation today. There is no important data that is able to shake the markets.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold went upwards last week contrary to our expectations. We think that XAU/USD is likely to develop its upside 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 avoid trading today as the situation is unclear. 

    SILVER(XAGUSD)
    7098e1d1a380b5f42abf5f569d870459.jpg

    Silver offered an opportunity to open long positions from the MA13 according to our recommendations and the price entered the profit area for 12 pips max. It was enough as the volatility is low. It was better to fix all positions and to do it now as we expect Silver to start a consolidation period. There is no important events today to shake the markets.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to develop its slight upside 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 avoid trading today as the situation is unclear.

  4. Technical Outlook December 26, 2017

    EURUSD
    3a0fa6ac811ffad6cbf95872c961ddc8.jpg

    The market activity was law on Friday as Christmas holidays were approaching. The volatility was low and there was no point in opening trades in the last day of the week. This week is going to be short and the activity is likely to be low as there will be only three days of trading. We don’t think that the market participants are going to be active before the New Year holidays. There are no important data this week and the volatility is likely to remain low.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week frustrating our downside tendency expectations and we think this was due to Christmas holidays. We think that EUR/USD is likely to 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. 

    GBPUSD
    9b2c6ce74409690b3500adede0e2153b.jpg

    The currency pair fluctuated in a tight range on Friday as Christmas holidays were approaching. WE think that GBP/USD is likely to stay within this range today. Great Britain is on holiday today and many European countries are on holidays as well. We think that the volatility is likely to rise during the American session. However, this activity growth is likely to be limited. There is no trend currently and we give no recommendations. There are no important news today.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week within a small range. We think that GBP/USD is likely to develop this no trend 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.

    AUDUSD
    b79d280b9ed359cbf4da472b25b750f5.jpg

    The currency pair fluctuated within a range on Friday on the eve of Christmas holidays. We expected this scenario as market participants had low activity. We think that AUD/USD is likely to stay within the range today as some investors are still on holidays and the volatility is going to be low. There is no trend currently and we give no recommendations. No important data from Australia or United States is to be released today.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair went upwards last week contrary to our expectations. We think that AUD/USD is likely to develop its upside tendency or 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

    USDCHF
    d0bf2dc185e7370b8300809cc3838539.jpg

    The currency pair showed no activity on Friday as long Christmas holidays were on the way. We think that USD/CHF is likely to stay within a limited range today with low volatility as there is no important data today. European banks are closed. The volatility is likely to increase during the American session. However, we do not expect any volatility burst as volumes may be low this week.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair declined last week contrary to our expectations. We think that USD/CHF is likely to develop this ‘no trend’ 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.


    Gold and Silver Technical Outlook December 26, 2017

    GOLD(XAUUSD)
    698cf4699d40e91932d2300db88fa5c7.jpg

    Gold went upwards on Friday during the American session. This may be related to the fact that the United States President has signed the amendments to the tax legislation. We did not expected the volatility growth on Friday as this tax legislation amendments signature procedure was scheduled for January. Anyway, the price is likely to develop its moderate growth.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold went upwards last week contrary to our expectations. We think that XAU/USD is likely to go upwards on the next couple of days.
    There is the uptrend on the Hourly chart a the MA-channel goes upwards and the price is above the MA55 balance line. We advise to open long positions from the MA13. Place stop losses below the indicator. 

    SILVER(XAGUSD)
    5455decbb26bffcda268263dbcb6ae0b.jpg

    Silver went upwards on Friday. This was related to the same reasons. There is the uptrend currently and we think it is a good time to look for long positions from the MA13.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver failed to decline last week. We think that XAG/USD is likely to go upwards on 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 positons from the MA13 today. Place stop losses below the indicator.

  5. 25.12.2017

    Dear members of the community,
    We would like to summarise the results of  contest week.

    The winner is  Moh Mirza https://www.facebook.com/mirza.aminudin.12

    25659894_1570751279659105_27570489986306

    We invite all to take part in Adamant Finance contest, which takes place via Facebook social network https://www.facebook.com/groups/crazysignals/permalink/1429454133788561/


    25497958_506646756375221_308339707366586

    The winner is given 50USD welcome bonus + 50USD to the Classic account, which make 100USD in total. We summarise the result each Monday and release this information in our Facebook community http://www.facebook.com/adamantfinance

    The winner is chosen randomly via a special service http://www.fanpagekarma.com

  6. Trading sessions: Merry Christmas

    3097c2ff7a8c5cbfbf38c9cbc57785ee.png

    Dear Clients and Affiliates,

    Currency pairs and precious metals (XAUUSD, XAGUSD) trading schedule:

    25.12.2017 – trading is closed.
    26.12.2017 – trading session open at 10.00 server time.
    01.01.2018 – trading closed.
    02.01.2018 – trading session opens at 10.00 server time.
    03.01.2018 – trading session open as usual.

    Oil (WTI, Brent), US indexes (US30Cash, US500Cash, USTechCash) and cryprocurrencies CFD trading schedule:

     25.12.2017 – trading is closed.
    26.12.2017 – trading session opens at 10.00 server time.
    01.01.2018 – trading is closed.
    02.01.2018 – trading session opens at 10.00 server time.
    03.01.2018 – trading session starts as usual.

    DE30Cash CFD trading schedule:

     25.12.2017 – trading is closed.
    26.12.2017 – trading is closed.
    01.01.2018 – trading is closed.
    02.01.2018 – trading session opens at 10.00 server time.
    03.01.2018 – trading session starts as usual.

    US Stocks and ETFs trading schedule

    25.12.2017 – trading is closed.
    01.01.2018 – trading is closed.
    02.01.2018 – trading session starts as usual.

    DE stocks and GER30, UK100indexes trading schedule

    25.12.2017 – trading is closed.
    26.12.2017 – trading is closed.
    01.01.2018 – trading is closed.
    02.01.2018 – trading session starts as usual.

    Pay attention to the fact that the liquidity becomes shorter on holidays and some trading instruments may have wider spreads
    We advise to consider this information and plan your trading hours according to it.
    *This schedule is for information purposes only and may be changed by the provider.

    Bestr regards,
    team Adamant Finance

  7. Technical Outlook December 22, 2017

    EURUSD
    c3a0a9a482afda2f0672b78beab2e262.jpg

    The currency pair started a correction after a continuous growth, that EUR/USD had this week. Today is the last day on the eve of the Christmas holidays. We think that market activity is likely to fall today. WE advise to do nothing as there is no tendency currently. We give no recommendations as it is better to wait until the volatility grows. There are no important news and events in addition.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went in both directions last week and closed its Friday’s session below the opening levels 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 below the MA55 balance line. We advise to avoid trading today as the situation is unclear. 

    GBPUSD
    51108ba28241072a0163b4aed4d6ad4c.jpg

    The currency pair still fluctuates with no trend within the limited range. Yesterday’s US data was unable to shake the markets as GBP/USD has low volatility. There are no events today and we are on the eve of Christmas holidays. There is no trend currently and we advise to avoid trading today.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week after fluctuations in both directions last week. We think that GBP/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.

    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
    90c7931a29e23f8a77008614820d7c29.jpg

    The currency pair went upwards as the volumes decreased. However, we do not think that AUD/USD is going to develop its upside tendency today as the market participants are looking forward to the Christmas holidays and are unlikely to make any significant steps. There is no tendency currently and we give no recommendations today.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair went upwards sharply frustrating our expectations. We think that AUDUSD is likely to resume 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
    1aa36c34d3e71afed0cd5f7b1ee5f057.jpg

    The currency pair tried to grow yesterday and to establish an upside tendency. However, USD/CHF stays within a range and the price is close to its upper side. We think that USD/CHF is likely to bounce off this upper side and we do not think that there is a reason to buy the currency pair in this situation. We advise to avoid trading today as we are on the eve of Christmas holidays and there is no trend currently.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair fluctuated in both directions last week according to our expectations. We think that USD/CHF is likely to resume its upside 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 avoid trading today as the situation is unclear.


    Gold and Silver Technical Outlook December 22, 2017

    GOLD(XAUUSD)
    3539122dbc18f0c18cede1e73fba3352.jpg

    Gold fluctuated in a wide range yesterday as the Christmas holidays approach and the volatility is low. The markets will be closed on Monday as the whole World will celebrate the Catholic Christmas. The activity yesterday was low and we think that there is no reason to wait for the volatility to increase today.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold declined 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear. 

    SILVER(XAGUSD)
    d927bff69dea78f1349b24e23d78bb6b.jpg

    Silver fluctuated within a limited range yesterday. We think that the volatility may increase on Tuesday or even on Wednesday. There is no reason to open trades today.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver failed to decline last week frustrating our expectations. WE think that XAG/USD is likely to resume 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

  8. Technical Outlook December 21, 2017

    EURUSD
    dd72316f5433cf85ce774421b762a2f2.jpg

     The currency pair went upwards yesterday while the other currency pairs fluctuated with no direction. The market activity declines step-by-step as the Christmas holidays approach. Currency market lacks of liquidity. As for the important data, we advise to pay attention to today’s US releases. They are able to increase volatility during the American session.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week but declined by the end of Friday’s session 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 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
    ceee96c9a6146ee1d25057bcb1f2ef6f.jpg

    The currency pair fluctuated in a rather limited range of 600 pips, which is not enough for the currency pair. GBP/USD shows low volatility as Christmas holidays approach. We do not think that today’s US data is able to increase volatility. There is no trend currently and we advise to avoid trading 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 GBP/USD is likely to develop its downside tendency in the next couple pf 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
    6edc1cef5a4f5460ca64ab60170e810c.jpg

    The currency pair fluctuated in a limited range yesterday and was close to the MA55 balance line. Market activity was low as Christmas holidays approach. There is no trend currently as you can see it on the chart and we give no recommendations in this situation. We advise to monitor the currency pair without taking any decision.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair went upwards sharply last week frustrating our expectations. We think that AUD/USD is likely to resume 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
    f1951f186495389edbd257dabb8260dc.jpg

    The currency pair fluctuated in a limited range and was close to the MA55 balance line yesterday. Short positions closed by a stop loss. There is no trend today and we give no recommendations in this situation. We advise to monitor the currency pair without taking any decisions.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair fluctuated in both directions last week according to our expectations. We think that USD/CHF is likely to resume its upside tendency aiming the trend line on the Weekly chart.

    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 December 21, 2017

    GOLD(XAUUSD)
    174922c23cd4347f51f1152c5fab3bd1.jpg

    Gold developed its upside tendency but its growth was limited as Christmas holidays approach. The amendments to the tax legislation was adopted completely and now Trump has to sign it. This is the first significant victory of the current US President, but investors seems to pay less attention to this event. The majority of market participants are looking forward to start their holidays and the liquidity is low. 
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold declined last week according to our expectations and then went upwards. 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 avoid trading today as the situation is unclear.

    SILVER(XAGUSD)
    9a811b79a24826fd328af07d6470d030.jpg

    Silver established a tight upside channel and we think that XAG/USD is likely to develop this pattern in the nearest future. The volumes are low and the price is likely to stay within the range. We give no recommendations today as the volatility is low and is going to decrease again on the eve of Christmas holidays.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to resume 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 avoid trading today as the situation is unclear.

  9. Technical Outlook December 20, 2017

    EURUSD
    52d01b18526f10b632e883bc24c968e9.jpg

    The currency pair went upwards yesterday what is surprising as the other currency pairs remained without clear direction. Ifo data has met the expectations, but it is on the highest level for the past 60 years. We think that this is the main reason for EUR/USD to go upwards yesterday. There is no many releases today and we think that the currency pair is likely to stay within a limited range or to develop its upside tendency. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week but closed Friday’s session below the opening level 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 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
    9f24e73b1237575804a73095982d9602.jpg

    The currency pair fluctuate in both directions as there was no important releases yesterday. We think that today the situation will be the same as there is no important releases to follow. We expect GBP/USD to stay within a limited range for the whole day. There is no trend currently and we give no recommendations.
    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 recommendations. We think that GBP/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 above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

    AUDUSD
    e7b72c94bf95ce812188b47aec91659a.jpg

    The currency pair fluctuated within a limited range yesterday around the MA55 balance line. If you opened risky trades, they brought no profit. There is no trend currently and we give no recommendations today. We advise to monitor the currency pair’s fluctuations.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair went upwards sharply last week frustrating our expectations. We think that AUD/USD 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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear.

    USDCHF
    d1f5fa68c5a84201387cc59c68b028fb.jpg

    The currency pair failed to rebuild its tendency and resumed its decline. We think that USD/CHF is likely to develop its downside tendency in the nearest future. We advise to open short positions from the MA55 balance line.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair fluctuate in both directions last week frustrating our expectations. We think that USD/CHF is likely to resume its upside tendency aiming the trend line on the Weekly chart.

    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.


    Gold and Silver Technical Outlook December 20, 2017

    GOLD(XAUUSD)
    d56cb6d03c0ae4c7ca5725e3c81e06b6.jpg

    Gold developed its upside tendency yesterday but the growth was limited. Strong US data had almost no influence on XAU/USD. However, Gold declined moderately. We think that XAU/USD is likely to establish a range today as there are no reasons to grow or decline.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold declined last week according to our expectations and then returned to its previous positions. 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 avoid trading today as the situation is unclear.
     
    SILVER(XAGUSD)
    daa31b28f9cef774bbf01065623b88f9.jpg

    Silver offered an opportunity to open long positions from the MA55 balance line according to our recommendations, but there was no significant profit and we advise to close positions as they are now. We think that Silver is going to establish a range without a clear direction.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to resume 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 avoid trading today as the situation is unclear.

  10. Technical Outlook December 19, 2017

    EURUSD
    22d78beccc786562c6342184c94e82e0.jpg

    The currency pair went upwards yesterday. However, we think that the price is likely to resume its downside tendency as the amendments to the tax legislation in the United States may be adopted this year. We advise to pay attention to German Ifo data, which is likely to meet experts forecasts. We expect no volatility increase in this case. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in both directions last week but went downwards on Friday. 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
    8afa2f21d5903a9fbcab95082f7ad4be.jpg

    The currency pair went upwards yesterday as the UK data was better than expected. However, the trend looks downwards and we think you can look for short positions. We advise to look for close targets as there is no important data today and the volatility is likely to be 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 GBP/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 avoid trading today as the situation is unclear.

    AUDUSD
    1086825113e910978e4eb9aa30b3df29.jpg

    The currency pair is in correction now but it went upwards yesterday. However, we think that AUD/USD is likely to decline today and we expect this to happen. There is no tendency currently and we give no recommendations. We advise to open short positions, but they will be risky.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair went upwards last week frustrating our expectations. We think that AUD/USD is likely resume 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 open short positions from the MA55 balance line. Place stop losses above the indicator.

    USDCHF
    f65a5de6692be18c8600eae5dc1605cc.jpg

    The currency pair still tries to rebuild its tendency and is in the neutral position currently. We give no recommendations in this situation. We think that you can look for long positions when there is a clear upside tendency. We expect USD/CHF to establish the uptrend tomorrow.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. The currency pair fluctuated in both directions last week according to our expectations. We think that USD/CHF is likely to resume its upside tendency towards the trend line 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 December 19, 2017

    GOLD(XAUUSD)
    d64d4a77f9c98ea14a0e7083d170c977.jpg

    Gold continued its upside tendency yesterday as USD went downwards. We expected XAU/USD to stop its upside tendency, but it did not happened. There is the uptrend now and we advise to pay attention to today’s US data, which is likely to have a positive influence on the USD. 
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold went downwards last week according to our expectations, nut then went upwards. 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 avoid trading today as the situation is unclear. 

    SILVER(XAGUSD)
    f99d976b576f1b9b625b305e136c8540.jpg

    Silver developed its upside tendency yesterday. There is the uptrend currently and you can try to open positions according to the current situation. There is an opportunity to open long positions from the MA55 balance line.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver failed to decline last week frustrating our expectations. We think that XAG/USD is likely to resume 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 positions from the MA55 balance line. Place stop losses below the indicator.

  11. 18.12.2017

    Dear members of the community,
    We would like to summarise the results of https://www.facebook.com/groups/crazysignals/permalink/1599182093482430/  contest week.

    The winner is  Idadul Setia https://www.facebook.com/nasriah.nasriah.9889

    25395931_1564025806998319_65394640150072

    We invite all to take part in Adamant Finance contest, which takes place via Facebook social network https://www.facebook.com/groups/crazysignals/permalink/1429454133788561/


    25497958_506646756375221_308339707366586

    The winner is given 50USD welcome bonus + 50USD to the Classic account, which make 100USD in total. We summarise the result each Monday and release this information in our Facebook community http://www.facebook.com/adamantfinance

    The winner is chosen randomly via a special service http://www.fanpagekarma.com

  12. Technical Outlook December 15, 2017

    EURUSD

    0f8f2e3e4f68aefab7b287193e193712.jpg

    The currency pair offered an opportunity to open long positions from the MA13 according to our recommendations. There was a retracement but it was small and you had a chance to earn about 400 pips. It was enough to fix all your trades or to protect them by moving the stop loss at breakeven level. There is almost no important releases today and we think that EUR/USD is going to have low 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 EUR/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 close to the MA55 balance line. We advise to avoid trading today as the situation is unclear. 

    GBPUSD

    346effda912d2e95b236568c186ddf9c.jpg

    The currency pair offered an opportunity to open long positions according to our recommendations from the MA13. It happened during the Asian session. The eventual profit is about 450 pips. It is enough to fix positions or to protect trades by moving stop losses at breakeven level. There was no clear directions yesterday, but we can see an upside tendency on the hourly chart.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in a wide range last week according to our expectations. We think that GBP/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 avoid trading today as the situation is unclear.

    AUDUSD

    3012230f8a471de99f824996c15d8ed1.jpg

    The currency pair was overbought yesterday and stood in a neutral position for the rest of the day. However, we can see that AUD/USD is in the uptrend now. There are no opportunities to open long positions as the price did not retrace enough. 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 declined last week and crossed the trend line 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 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.

    USDCHF

    a2ab745d802ed09538a45bdffca8bc41.jpg

    The currency pair retraced towards the MA55 balance line during its downside tendency and we think there is a good opportunity to open short positions. There is no important data today and we think that the target should be close.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair went upwards last week and crossed the trend line on the Hourly chart. We think that USD/CHF is likely to develop 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 close to the MA55 balance line. We advise to open short positions from 0,98900. Stop losses should be place above this level.


    Gold and Silver Technical Outlook December 15, 2017

    GOLD(XAUUSD)

    a215f8a77329044fc5f13c273ed3c929.jpg

    Gold offered an opportunity to open long positions from the MA13 according to our recommendations. There was a chance to take 2,5USD. It was enough to fix trades or to protect them. Those positions were risky. Later, Gold started to correct. XAU/USD established an upside tendency and we think that Gold is likely to develop its uptrend in the nearest future.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. XAU/USD declined last week according to our expectations. We think that Gold 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 positions form the MA55 balance line area. Place stop losses below the indicator. 

    SILVER(XAGUSD)

    de1eaf8e5e104afe351c62fd0479fca8.jpg

    Silver corrected yesterday and stopped close to the MA55 balance line. It is a good sign for further growth and we think you can open long positions from the MA55 balance line. There are few reasons for XAG/USD to resume its upside tendency, and we advise to look for close targets.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined last week according to our expectations. We think that XAG/USD is likely to 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 positions from the MA55 balance line. Place stop losses below the indicator.

  13. Gold and Silver Technical Outlook December 14, 2017

    GOLD(XAUUSD)

    2321d0b81f5b809ddfc0d742b303b6bc.jpg

     Gold went upwards after the US Consumer Price Index data, which was weaker than expected. XAU/USD resumed its upside tendency later after the release of the results of the Federal Open Market Committee meeting, as the Interest Rate was hiked for 25 basis points, but two Federal Open Market Committee member voted against the hike. As for the Fed forecasts, the only positive fact is that the FOMC expects GDP’s growth next year. FOMC member wish to hike rates thrice next year. Market participants expected more aggressive forecasts. XAU/USD went upwards finally. 
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold develop its downside tendency last week according to our expectations. We think that XAU/USD is likely to 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 above the MA55 balance line. We advise to open long trades from the MA13. Place stop losses below the indicator. Those trades are of high risks.

    SILVER(XAGUSD)

    0a9e0d1c75deac2d3516e0beadf620ea.jpg

    Silver reached the upper side of the MA-channel after the end of the Federal Open Market Committee meeting. It is better to do nothing now, as the correction is possible.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined last week according to our expectations. We think that 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 above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

  14. Technical Outlook December 13, 2017

    EURUSD

    b2dc03a6b121ccc0508d262c0d949f76.jpg

    The currency pair declined during the American session as the US PPI data was better than expected. Producer inflation has shown acceleration of its growth. There is a Consumer Price Index release today which is also able to accelerate USD’s growth in case if it is better than forecasted. However, the main event for today is the Federal Open Market Committee meeting as the FED members are going to take important decisions and to announce future monetary policy prospects. Market participants are going to pay attention to this event.
    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 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

    83c3839d6b4c4d0266ccdc730f924211.jpg

    The currency pair declined yesterday, but this downside tendency was limited. GBP/USD established new lows and we think that the currency pair is likely to have a new downside momentum. We advise to pay attention to today’s Federal Open Market Committee meeting results and to the FED members’ comments as they may influence the volatility growth.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in a wide range last week according to our expectations. We think that GBP/USD is likely to go downwards 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.

    AUDUSD

    4a26e4c9822d993cd227c3fe99f64021.jpg

    The currency pair went upwards according to our expectations. The Australian data was better than expected and we think that AUD/USD is likely to develop its upside tendency in the nearest future. However, everything depends on the results of the Federal Open Market Committee meeting which takes place today.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair went downwards last week and has broken through the trend line according to our expectations. We think that AUD/USD is likely to develop this 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 MA5 balance line. We advise to avoid trading today as the situation is unclear.

    USDCHF

    16d153e488c43dc9795f733bb60deaa9.jpg

    The currency pair went in both directions yesterday showing intensions to decline according to our expectations. Market participants are going to pay attention to today’s US CPI data as well as to the Federal Open Market Committee meeting results and announcements.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair went upwards last week. We think that USD/CHF is likely to develop its upside tendency towards the trend line on the weekly chart 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 December 13, 2017

    GOLD(XAUUSD)

    238dfd11b48474956875470bbf69bfe3.jpg

    Gold offered an opportunity to open short positions from the MA55 balance line. You could earn about 900 pips without any difficulties. The price established new weekly lows. Market participants are going to pay particular attention to today’s US Consumer Price Index data, which is able to increase volatility. However, the most important event for today is the Federal Open Market Committee meeting and the Fed members’ decision on Monetary policy. 
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold declined 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 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. 

    SILVER(XAGUSD)

    e625bde2ae85db6d5c51eddd956c51d8.jpg

    Silver developed its correction yesterday according to our expectations. WE think that the situation remains unchanged before the announce of the results of the Federal Open Market Committee meeting. It is better to do nothing today.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined last week according to our expectations. We think that XAG/USD is likely to 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.

  15. Technical Outlook December 12, 2017

    EURUSD

    d934de588deec5e0866e725d07538ecc.jpg

    The currency pair failed to reverse and now EUR/USD fluctuates with no clear bias. We think that market participants will be cautious on the eve of the Federal Open Market Committee meeting. Investors are waiting for the results of this meeting and are looking forward to hear something about future monetary policy plans. We think that the currency pair is likely to stay within a limited range before the FOMC meeting. Today market participants may pay attention to Eurozone CPI and US PPI data. Those figures may increase volatility.
    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 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

    9a84d9928b925e0e60885ad71cf55641.jpg

    The currency pair declined yesterday and stopped close to the weekly lows. GBP/USD is likely to breakout those lows and develop its downside tendency, but we think that investors will be cautious on the eve of the Federal Open Market Committee meeting. We expect GBP/USD to start an upside correction today.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated in a wide range last week. We think that GBP/USD is likely to develop its downside tendency in the next couple of days.

    AUDUSD

    56159f89459140065ae9441c50e8e8c6.jpg

    The currency pair had modest fluctuation today as important Australian data was released. This data was worse than expected, but indicates on positive prospect of the Australian business. We think that AUD/USD is likely to go upwards today.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair went downwards last week according to our expectations and confirmed the breakout of a trend line. 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 above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

    USDCHF

    7e8e3519d0949a5144fd3bc89d23b0dd.jpg

    The currency pair declined modestly according to our expectations. We think that USD/CHF is likely to develop this dynamics today. There is important Eurozone CPI data today, which is able to influence USD/CHF as well. However, we think that the currency pair is likely to have a downside correction.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair had an upside tendency last week and has broken through the trend line on the Hourly chart. We think that USD/CHF is likely to develop its growth towards the trend line 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 December 12, 2017

    GOLD(XAUUSD)

    dc58b507e70981f4c89cb454496e2635.jpg

     Gold offered and opportunity to open short positions according to our recommendations. There was almost no price retracement and the profit reached 1000 pips. You had an opportunity to take it without any difficulties. XAU/USD breakout weekly lows and we think there is a probability of further decline in the nearest future. However, we advise to pay attention to tomorrows Federal Open Market Committee meeting which is able to change the situation.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. XAU/USD declined last week according to our expectations. We think that Gold 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.

    SILVER(XAGUSD)

    ea04751108c55af05624b047597d6241.jpg

    Silver still forms a correction according to our expectations. This correction is likely to be until Wednesday when the Federal Open Market Committee is going to announce their monetary policy decision. It is better to do nothing now.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined 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.
     

  16. 11.12.2017

    Dear members of the community,
    We would like to summarise the results of https://www.facebook.com/adamantfinance/photos/a.939800099420896.1073741828.939687499432156/1557195134348053/?type=3  contest week.

    The winner is  Irfan Mh https://www.facebook.com/irfan.mh.5

    25289259_1557157887685111_69432769396178

    We invite all to take part in Adamant Finance contest, which takes place via Facebook social network https://www.facebook.com/groups/crazysignals/permalink/1429454133788561/


    23754752_1536213743112859_81576671876948

    The winner is given 50USD welcome bonus + 50USD to the Classic account, which make 100USD in total. We summarise the result each Monday and release this information in our Facebook community http://www.facebook.com/adamantfinance

    The winner is chosen randomly via a special service http://www.fanpagekarma.com

  17. Technical Outlook December 11, 2017

    EURUSD

    9980a46ae35d8f61c5e02c33df9c9805.jpg

    The currency pair fluctuated in both directions on Friday as the US data was mixed. The Labor Market data met the expectations but the Michigan University data was disappointing. USD went slightly downwards. Investors are going to pay more attention to the Federal Open Market Committee meeting, which is scheduled for Wednesday. Market participants expect the FOMC to hike Interest Rates for 25 basis points. They are going also to pay attention to the FOMC members comments on future monetary policy decisions as this 25 basis points Interest hike is already in the price.
    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 above the MA55 balance line. We advise to avoid trading today and to monitor the situation as there is a probability of a reverse. 

    GBPUSD

    5ef52e199e4d0d649b927a5ff884f0bd.jpg

    The currency pair unexpected fluctuations due to the Brexit news, coming on Friday. However, GBP/USD declined for the whole day and reached the weekly lows. GBP was the single currency, which failed to grow as compared to USD on Friday. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. GBP/USD fluctuated in a wide range last week according to our expectations. We think that the currency pair 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.

    AUDUSD

    5844f4ed62d46ed9b6c9b879c0ee2235.jpg

    The currency pair fluctuated modestly after the US Labor Market and Average Hourly Earnings data release. There are some important releases in Australia this week and we expect AUD/USD to have significant fluctuations. We think that the currency pair is ready to reverse. However, AUD/USD may also have a correction after a significant decline last week.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week and has broken through the trend line on the Weekly chart. 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 avoid trading today as the situation is unclear.

    USDCHF

    e9d1373f2028f65af1127034ea9e39b6.jpg

    The currency pair is likely to start a correction in the nearest future after a significant growth last week We think that USD/CHF is going to decline in the first days of the week. The currency pair reacted modestly on Friday’s US Labor Market and Average Hourly Earnings data. We think that USD/CHF is likely to reverse its tendency today.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair went upwards last week and has broken through the trend line on the Hourly chart. We think that USD/CHF is likely to develop its upside 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 below the MA55 balance line. We advise to avoid trading today as the situation is unclear.


    Gold and Silver Technical Outlook December 11, 2017

    GOLD(XAUUSD)

    b920fae6e6259c58fc24955bd7c6f8b1.jpg

    Gold had sharp fluctuations after the release of the US Labor Market and Average Hourly Earnings data. We gave no recommendations and we were right as there were few chances to earn something. The main event for this week is the Federal Open Market Committee Meeting, which takes place on Wednesday. Market participants expect Fed to hike rates again this year, but the also are going to pay attention to the FOMC members comments on future monetary policy prospects.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold declined last week according to our expectations. We think that XAU/USD I 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 or from the trend line. Place stop losses above the indicators. 

    SILVER(XAGUSD)

    8b5996c1ca6ef9235134afb7ab359944.jpg

    Silver started a correction today as it went downwards significantly last week. We advise to wait until this correction ends. We think that this correction is likely to continue until Wednesday, when the Federal Open Market Committee is going to pronounce their decision and give their comments.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined 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 the downtrend 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.

  18. Technical Outlook December 8, 2017

    EURUSD

    4833c181620cd4a40d7e44ac7edaa8bb.jpg

    The currency pair offered an opportunity to open short positions from the MA55 balance line according to our recommendations. You could take about 300-400 pips as profit. Market participants are likely to pay more attention to today’s US Labor Market and Average Hourly Earnings data. Experts expect those releases to be better than forecasted. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated within the range last week according to our expectations. We think that EUR/USD is likely to stay within this range for 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 before the release of the US Labor Market and Average Hourly Earnings data releases. 

    GBPUSD

    93868d2dd5e1ff16217e1aafe54f1e6a.jpg

    The currency pair offered an opportunity to open short positions from the MA55 balance line according to our recommendations. You could take about 800 pips as profit. Later, GBP/USD reversed sharply and went upwards. There are some news on Brexit that give additional support to GBP. However, this upside tendency is unstable as there is still no final decision on Brexit negotiations.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week according to our expectations. We think that GBP/USD is likely to develop 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 positions only after the release of the US Labor Market and Average Hourly Earnings data releases.

    AUDUSD

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    The currency pair developed its downside tendency according to our expectations. We gave no recommendations yesterday as the price was far from the MA55 balance line and is still there currently. We advise to avoid trading today as there is a probability of sharp fluctuations and the price is unstable.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair fluctuated within a small range last week according to our expectations. We think that AUD/USD is likely to stay within this range for the next couple of days. We also expect AUD/USD to leave this range in the upside direction later.

    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

    4140b965d8d7873fef5612583d27b6ee.jpg

    There was no opportunity to sell the currency pair as the price failed to reach the MA55 balance line yesterday. It is better to avoid trading today as there is important US Labor Market and Average Hourly Earnings data on the way. Those releases are likely to increase volatility.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week according to our expectations. We think that USD/CHF is likely to develop its range fluctuations 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.


    Gold and Silver Technical Outlook December 8, 2017

    GOLD(XAUUSD)

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    Gold accelerated its downside tendency after the price has broken through the trend line on the Weekly chart. There was no corrections yesterday. There was almost no opportunities to sell as the price failed to return to the trend line. If you risked to open short positions during the Asian session, you had an opportunity to earn. There is an important US Labor Market and Average Hourly Earnings data today and we expect the price to increase its volatility.
    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 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. 

    SILVER(XAGUSD)

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    Silver accelerated its downside tendency as Gold has broken through an important level. We had some doubts, but there is a confirmation and XAG/USD accelerated its downside tendency. There are several important events including US Labor Market and Average Hourly Earnings data releases today and we expect sharp fluctuations.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined 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 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.

  19. Technical Outlook December 7, 2017

    EURUSD

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    The currency pair declined yesterday due to better than expected US data. ADP Non-Farm Employment Change was higher than forecasted. Market participants expect Friday’s US Labor Market to be better than expected as well. USD is likely to go higher in the nearest future. There is no important data today and we think that the volatility is likely to decline during the day.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated within the range last week according to our expectations. We think that EUR/USD is likely to stay within this range for 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. 

    GBPUSD

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    There was no opportunity to sell GBP/USD according to our recommendations as the price failed to reach the MA55 balance line. We leave our recommendations unchanged. The currency pair is under the pressure now as USD goes upwards and we think that the volatility is going to decline before the Friday’s data.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week and even exceeded our expectations. We think that GBP/USD is likely to develop 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 from the MA55 balance line. Place stop losses above the indicator.

    AUDUSD

    31f7d55eee64a3899e760451e4273ca2.jpg

    The currency pair approached the MA55 balance line, but it was not enough to open positions. However, if you managed to sell, you had an opportunity to earn. We think that AUD/USD is likely to develop its decline, but we give no recommendations as the price is far from the MA55 balance line.

    There is the uptrend on the Weekly chart as the price is below the MA55 balance line. The currency pair fluctuated in a small range last week according to our expectations. We thinks that AUD/USD is likely to stay within the range for the next couple of days and then to leave it upwards.

    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

    8c8d13af43d72eb48701b8bc47a5c512.jpg

    The currency pair offered an opportunity to open long positions from the broken through trend line on the Hourly chart. The total profit for those positions by now is about 500 pips. We think that USD/CHF is likely to develop its upside tendency but the volatility is likely to decline as market participants are looking forward to see the results of Friday’s US Labor Market and Average Hourly Earnings data.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week downwards and then went upwards according to our expectations. We think that USD/CHF is likely to stay within this large range for 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 positions from the MA55 balance line. Place stop losses below the indicator.


    Gold and Silver Technical Outlook December 7, 2017

    GOLD(XAUUSD)

    35a682d0e200bdf291a3d5175292b9cc.jpg

    Gold fluctuates close to the trend line on the Weekly chart. We think that XAU/USD is ready to cross it and we advise to look for short positions. A downside tendency is likely to accelerate after the breakout and you can look for larger targets. However, we think that the price is likely to stay above the trend line before the release of Friday’s data. The trend line is crucial for today. You can open short positions from it, placing stop losses above the line.
    There is the uptrend on the Hourly chart as the price is above the MA55 balance line. Gold declined 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 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 trend line. 

    SILVER(XAGUSD)

    393c4c62fa4732559626fd5a6de6ea32.jpg

    Silver developed its downside tendency yesterday and our profit grew. You had an opportunity to fix positions today. It is better to avoid opening new trades as there are several important releases on Friday from the United States. The price is likely to stay within a range before those releases.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined 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 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.

  20. 04.12.2017

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  21. Technical Outlook December 5, 2017

    EURUSD

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    The currency pair fluctuated in a small range yesterday as there was no important data to increase volatility. There is no tendency currently but you can try to open short positions form the MA5 balance line with close targets. It is better to open positions in the first half of the day. We advise to pay attention to Eurozone PMI and Retail Sales data as it may influence fluctuations.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated within a range last week according to our expectations. We think that EUR/USD is likely to stay within this 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 below the MA55 balance line. We advise to open short positions from the MA55 balance line. Place stop losses above the indicator. Those positions are risky. 

    GBPUSD

    731a7a42ce7bc194181e2329bba77881.jpg

    The currency pair had some sharp fluctuations yesterday as the negotiations on Brexit has started again. Market participants expected those negotiations to have positive results. However, there was some problems during the meeting that remained unsolved and GBP/USD went downwards with the same speed. We advise to pay attention to UK PMI data as it may influence fluctuations.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week according our expectations. We think that GBP/USD is going to develop is 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 open short positions from the MA55 balance line. The trade is risky.

    AUDUSD

    f36a135e23dce4e32d3da55ce6c8ec77.jpg

    The currency pair fluctuated in a small range on Monday. However, it started to grow today in the morning as the Australian data was better than expected. We advise to pay attention to today’s Reserve Bank of Australia meeting. Experts expect the Interest Rate to remain unchanged. We think that AUD/USD is likely to go upwards today.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair fluctuated in a small range last week according to our expectations. We think that AUD/USD is likely to stay within the range 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.
    The currency pair approached the trend line on the Hourly chart. We think that it is going to break through this line today. However, there is no trend currently and we give no recommendations. We advise to do nothing today. The currency pair is likely to go upwards in the nearest future.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week and gained back some positions. We think that USD/CHF is likely to stay within this 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 situation is unclear.

    USDCHF

    846b4c05c1fbbbcb20288a0892ff54c5.jpg

    The currency pair approached the trend line on the Hourly chart. We think that it is going to break through this line today. However, there is no trend currently and we give no recommendations. We advise to do nothing today. The currency pair is likely to go upwards in the nearest future.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week and gained back some positions. We think that USD/CHF is likely to stay within this 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 situation is unclear.


    Gold and Silver Technical Outlook December 5, 2017

    XAUUSD

    5eaf86dd512df871e2b08c2fe4edd156.jpg

    Gold fluctuated within a small range on Monday as there was no important events to shake the markets. There are several important events today and we expect XAU/USD to increase its volatility. US tax law amendments were adopted by the Senate, but this event had no impact on fluctuations. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold declined 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. 

    XAGUSD

    4c5a1fa9e8c67744f22622825efc9cbe.jpg

    Silver offered an opportunity to open short positions from the MA55 balance line, but the profit was low as the market activity was also low. There are two options now – you can fix your positions and earn about 10 pips or leave your trades unchanged and to hope for the better results. Stop losses should be moved to the breakeven level in this case.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined 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.

  22. Technical Outlook December 4, 2017

    EURUSD

    6ebafcea693463e62cfc9aa811662818.jpg

     The currency pair offered an opportunity to sell from the MA55 balance line according to our expectations. The price went upwards and stop losses could trigger but if you are still in the market, you could earn about 600 pips and to fix profit without any difficulties. This week is important for the markets as there is a probability of significant fluctuations on Friday due to the US Labor Market and Average Hourly Earnings releases. However, today there is no important data from United States and Eurozone and we expect the volatility to be medium. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair fluctuated within the range last week according to our expectations. We think that EUR/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 below the MA55 balance line. We advise to avoid trading today as the situation is unclear. 

    GBPUSD

    1594f64b0b9bd0918853c7dc4b7357df.jpg

    The currency pair offered an opportunity to open long positions from the MA13. However, those trades were unsuccessful. We have noticed that those positions will be of high risk. GBP/USD has started a correction and we advise to wait until the end of this correctional downside tendency before taking any further steps.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week according to our expectations. We think that GBP/USD is likely to develop its upside 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 below the MA55 balance line. We advise to avoid trading today as the situation is unclear.

    AUDUSD

    5b238de47d792296741902bf0055b700.jpg

    The currency pair offered an opportunity to sell from the MA55 balance line according to our recommendations. However, there was no chance to have profit with those positions as stop losses triggered. AUD/USD shows intensions to grow and we think that there will be a fake breakout on the Weekly chart. We advise to prepare for long positions.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was in a range last week according to our expectations. We think that AUD/USD will remain in this range in the nearest future and will leave it upwards later.

    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.

    USDCHF

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    The currency pair declined from the trend line on the Hourly chart according to our expectations. However, the price tested the trend line again and stop losses could trigger. If you remained in the market, your profit could reach 1200 pips. You had an opportunity to fix trades.

    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week according to our expectations. We think that USD/CHF is likely to stay within this wide 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 situation is unclear.


    Gold and Silver Technical Outlook December 4, 2017

    XAUUSD

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    Gold offered an opportunity to sell according to our recommendations but those positions were closed by stop losses. The trades were of high risk as we had previously mentioned. US political events influence USD and its fluctuations are unstable. We think that the situation will be the same this week and it is better to be prepared for some surprises. 
    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 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.

    XAGUSD

    4d8226fd4ec8bd6489fc32bce6b615c5.jpg

    Silver stopped its downside tendency on Friday, but we think it may resume its decline in the nearest future. We think it is a good idea to look for short positions from the MA5 balance line.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver declined 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 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.

  23. Technical Outlook December 1, 2017

    EURUSD

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    The currency pair offered an opportunity to sell according to our recommendations from the MA55 balance line. The price was in the profit area for more than 500 pips and there was a chance to fix positions without any troubles. This downside tendency was the result of a worse than expected Eurozone inflation data as the final result was weaker than experts had previously forecasted. However, later the currency pair went upwards sharply as the US President Donald Trump has announced the probability of the Secretary of State Tillerson Resignation. The uptrend has started. We have announced it in the beginning of the week.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair accelerated its growth last week frustrating our expectations. We think that EUR./USD is likely to develop its upside 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 positions form the MA55 balance line. Place stop losses below the indicator. 

    GBPUSD

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    The currency pair is still going upwards after the latest Brexit news. The price is likely to stop at 1,36000 or somewhere near this level. The uptrend is very strong and you can try to open long positions from MA13. However, remember that risks are very high.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week according to our expectations. We think that GBP/USD is likely to develop its upside 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 positions from the MA13. Place stop losses below the indicator.

    AUDUSD

    917389d8c21c84f586ab93d81185c4e8.jpg

    The currency pair offered an opportunity to open short positions from the MA55 balance line yesterday according to our recommendations. The price was in the profit area for 300 pips and there was an opportunity to fix positions with positive results. There was two chances to sell and both ended almost with the same results. We think that it is a good idea to look for short positions today.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair went above the trend line last week. We think that AUD/USD is likely to develop 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 close to the MA55 balance line. We advise to open short positions from the MA55 balance line. Place stop losses above the indicator.

    USDCHF

    e21c5ef2f31ca27e45258400e5c838f2.jpg

    The currency pair approached the trend line on the Hourly chart and offered opportunities to open short positions according to our recommendations. The price declined for more than 600 pips. However, we think that this downside tendency has just began and we advise to hold short positions. Move stop losses at breakeven level.
    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 upside tendency’s expectations. We think that USD/CHF 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 hold short positions from the trend line on the Hourly chart.


    Gold and Silver Technical Outlook December 1, 2017

    GOLD(XAUUSD)

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    Gold goes downwards in a wave manner and it is hard to stop such a downside tendency. You could look for short positions yesterday. The price failed to move closer to the MA55 balance line and it was better to avoid doing anything. You can try to sell from the MA13, but risks are very high. We advise to pay attention to the PMI data from the strongest economics in the World. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price returned to its limited range last week according to our expectations. We think that Gold is likely to stay within this channel for 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 MA13. Place stop losses above the indicator. 

    SILVER(XAGUSD)

    73d2d0b42d09c8fba1fe0c892ef84f88.jpg

    Silver developed its aggressive decline yesterday and failed to approach the MA55 balance line. The price made a significant way downwards and we think that it is going to stop in the nearest future. We give no recommendations as we think that a correction is possible.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Silver returned to its limited range last week according to our expectations. We think that XAG/USD is likely to stay within this channel for 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.

  24. Technical Outlook November 30, 2017

    EURUSD

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    The currency pair failed to approach the MA55 balance line and there was no opportunity to sell EUR/USD according to our recommendations. US data was strong, but it had almost no influence on fluctuations. Budget Committee has adopted new amendments to the taxes law. This event could give some additional support to USD. There is important Eurozone inflation data today. Market participants expect this data to be better than previous.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair accelerated its growth last week frustrating our expectations. We think that EUR/USD is likely to develop 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 close to the MA55 balance line. We advise to open short positions from the MA55 balance line. Place stop losses above the indicator. 

    GBPUSD

    bdf7bd19875b119f9ceda7bf499e72de.jpg

    The currency pair continues its upside tendency after news on Brexit. GBP/USD almost reached the upper side of the MA-channel during the Asian session and we give no recommendations. We think that it is a good idea to “sit on the hands” as the situation is unclear now.

    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week according to our expectations. We think that GBP/USD is likely to develop its upside 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 avoid trading today as the situation is unclear.

    AUDUSD

    b932c7d6bb6a9413e47a2c4594440ef7.jpg

    The currency pair tries to go downwards and is going to develop a downside tendency. We think it is a good idea to try to open short positions, but the volatility is still low. If you place sell orders, it is better to choose closer targets.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair returned to its previous positions last week. We think that AUD/USD is likely to develop 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 close to the MA55 balance line. We advise to open short positions from the MA55 balance line. Place stop losses above the indicator.

    USDCHF

    2a321c42b59a299df7e8a2edbb0a644e.jpg

    The currency pair is still inconvenient for any actions and we give no recommendations. However, USD/CHF established new weekly highs and is moving towards the trend line on the Hourly chart. We think that there will be some trading opportunities when the price reaches the trend line.
    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 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 short positions from the trend line on the Hourly chart. Place stop losses above the line.


    Gold and Silver Technical Outlook November 30, 2017

    GOLD(XAUUSD)

    cef6f0e03d97a93cdd417e658e593470.jpg

    Gold declined finally. XAU/USD was close to the upper side of the channel for several days. Better than expected US data and adoption of amendments to tax legislation by the Budget Committee offered some support to USD and Gold went downwards. There is an important Eurozone inflation data today. We advise to pay attention to US Personal Spending data as well.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold returned to its limited range last week according to our expectations. We think that XAU/USD is likely to stay within this range for a 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)

    c91ef4cad46a5b1cdeef08e15ff9e84b.jpg

    Silver closed previously opened long positions, which we had placed close to the lower side of this horizontal range. Positions were closed at breakeven level as we advise to move stop losses there. Silver developed its downside tendency and reached the lower side of the MA-channel. We give no recommendations now.
    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Silver returned to its limited range last week according to our expectations. We think that XAG/USD is likely to develop its flat fluctuations 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.

  25. Technical Outlook November 29, 2017

    EURUSD

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    The currency pair failed to reach 1,19200 and there was no opportunity to sell from there according to our recommendations. Yesterday’s US data was favorable for USD’s growth and EUR/USD went downwards. The currency pair is trying to change its tendency once again and we think it is time to look for short positions from the MA55 balance line. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair accelerated its growth last week frustrating our downside tendency’s expectations. EUR/USD is likely to continue 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 from the MA55 balance line. Place stop losses above the indicator. 

    GBPUSD

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    The currency pair declined yesterday alike EUR/USD did but the news from the Great Britain about Brexit, allowed GBP/USD to went upwards again. One of the news agencies had announced that The United Kingdom and the European Union have reached an agreement on Brexit financial issues. However, the currency pair offered an opportunity to sell before this event and you could fix about 1300 pips of profit. There were no difficulties to close positions yesterday.
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair went upwards last week according to our expectations. We think that GBP/USD 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 above the MA55 balance line. We advise to avoid trading today as the situation is unclear.

    AUDUSD

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    The currency pair is still fluctuating within a range and the volatility is low. The currency pair behave itself in a strange manner and we advise to monitor the situation. We think this low volatility is due to the fact that AUD/USD is close to a strong and important technical level on the higher timeframes.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was upper the trend line last week according to our expectations. We think that AUD/USD 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.

    USDCHF

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    The currency pair’s growth is not suitable for trading now and we give no recommendations. Such fluctuations are similar to an upside flat. We think that once the price reaches the trend line on the Hourly chart, it will start to decline and it is better to wait until this moment comes.
    There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was no growth last week frustrating our upside tendency’s expectations. We think that USD/CHF 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 avoid trading today as the situation is unclear.


    Gold and Silver Technical Outlook November 29, 2017

    XAUUSD

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    Gold reached the MA55 balance line and you could close your short positions there with small profit. The price is close to the upper side of the channel and the Northern Korea situation does not allow us to open trades. Medias reported that the Norther Korea Has launched another ballistic missile. 
    There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold returned to its range last week according to our expectations. We think that XAU/USD is likely to continue its fluctuations within this range.
    There is the uptrend 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. 

    XAGUSD

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    Silver reached the lower side of the channel and offered an opportunity to open long positions. The situation with a launch of the Norther Korea ballistic missile could help Silver to go upwards, but this does not happen. You can protect your positions by placing stop losses at breakeven level. We advise to hold positions until the price reaches the MA55 balance line.

    There is no trend on the Weekly chart as the price is close to the MA55 balance line. Silver returned to its range last week according to our expectations. We think that XAG/USD is likely to stay within this range in the next couple of days.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is close to the MA55 balance line. We advise to hold positions from the MA55 balance line. 

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