Adamant Finance Posted February 15, 2017 Author Report Share Posted February 15, 2017 Technical Outlook February 15, 2017 EURUSD The currency pair was unstable during the European and US data releases. However, EUR/USD has chosen its direction after the Fed Head’s Yellen speech. The FOMC leader underlined that her organization may increase Interest Rates in the nearest future. She hinted that the monetary policy tightening may be done in March even. This information gave some support to USD and we think the currency is going to grow in the next couple of days meaning that EUR/USD is going to decline further. There was an opportunity to open short trades according to our recommendations. The price was in a profit area for 600 pips and there was a chance to take profit or to protect the trades. We give the same recommendations today. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. He currency pair failed to continue its growth last week and we think it is going to develop it downside tendency in the nearest future. 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 trades from the MA5 balance line. Place stop losses above the indicator. GBPUSD The currency pair declined sharply after the UK inflation data, which was weaker than expected. There are no strong reason for the currency pair to develop its upside tendency and we think it is time to reverse. There is a probability of a decline to accelerate. As for the technical analysis, the currency pair is still in the neutral position, but as for the fundamentals, there is nothing to support GBP/USD and we think it is time to open trades even if risks are still rather high. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair slowed down its tendency according to our expectations last week. We think that GBP/USd is going to correct downwards in the nearest future. 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 trades from 1,24700-1,24800 area. Place stop losses above the MA55 balance line. AUDUSD The currency pair had some growth yesterday and you could have about 500 pips as profit if you had opened a trade from the broken through trendline. It was better to close the positions there right before the American session according to our recommendations. The price went then towards the lower side of the channel and reversed upwards. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair corrected towards the broken through trendline on the Weekly chart and is able to accelerate its growth in the nearest future. 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 still unclear. USDCHF The currency pair failed to establish new lows below 1,00300 to start its decline. This is a good sign of further growth in the next couple of days. The currency pair is in the uptrend on you may try to open long trades from the MA55 balance line today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair failed to decline last week due to political events. We think that it is going to develop its growth in the nearest future. 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 trades from the MA55 balance line. Place stop losses below the indicator. Gold and Silver Technical Outlook February 15, 2017 GOLD (XAUUSD) Gold went both directions yesterday and it was too risky to open trades as we have commented previously. The price established a wide direction and we think it is going to break through the lower line due to yesterday’s Fed Head’s Janet Yellen comments. However, we advise to do nothing today as there is still no clear tendency. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Gold had a correction growth until the MA55 balance line last week. We think that the currency pair is going to start its decline in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver offered an opportunity to buy from the MA55 balance line area yesterday during the Asian session. We have recommended to close all the trades before the American session as there was an important event during the American session. The price was in a profit area for 25 pips. We advise to do nothing today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week. We think that Silver is going to develop its upside correction in the nearest future. 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 still unclear.  Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 16, 2017 Author Report Share Posted February 16, 2017 Technical Outlook February 16, 2017 EURUSD The currency pair established new weekly lows according to our expectations. However, there was no correction towards the MA55 balance line and EUR/USD offered no opportunity to open short trades according to our recommendations. The currency pair went towards the MA55 balance line later during the American session but there was no sense to open trades as a downside movement was already done. USD was loosing positions yesterday as Janet Yellen has told that the US economic growth was lower that expected. Another reason for USD’s decline is a probability of a correction after a strong downside tendency. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week due to political reasons. We think that it is going to develop its downside tendency in the nearest future. 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 still unclear. GBPUSD The currency pair declined according to our expectations but there was no opportunity to open short trades from 1,24700. The currency pair passed about 850 pips. However, if we look at yesterday’s candlestick, we see that there are almost no chances for the currency pair to develop its decline. We think it is time to prepare for the price reverse or for range trading. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair slowed down its tendency last week according to our expectations. We think that GBP/USD is going to develop its correction in the nearest future. 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 as the situation is still unclear. AUDUSD The currency pair continued to be trading within a previously established range and left it upwards today during the Asian session. We think that it is better to do nothing at the moment and to wait for confirmation of this break through during the European session. If the price stays away from the range until the American session this will indicate that the break through was true. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair corrected towards the broken through trend line last week and we think it is going to accelerate its growth in the nearest future. 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 still unclear. USDCHF The currency pair failed to reach the MA55 balance line during the Asian session and offered no opportunities to open long trades. However, USD/CHF was too close to the indicator that you had a chance to try buying it. Anyway, the currency pair did its growth for 600 pips. Then the price reversed and there was a decline. We think that a deep correction is going to start. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair failed to continue its dynamics last week due to political events. We think that it is going to develop its upside tendency in the nearest future. 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 still unclear. Gold and Silver Technical Outlook February 16, 2017 GOLD (XAUUSD) Gold went upwards yesterday during the American session as the Fed Head Janet Yellen said the US economics did not meet the expectations last year. Economists think that the US economics is going to grow for 4% only this year despite Trump’s attempts to shake it. It means that the number of expected Interest Rate’s hikes may be lower. However, there is still no uptrend and the price is able to return within the previously established range. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was a correction growth towards the MA55 balance line last week. We think that Gold is going to develop its downside dynamics in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver is close to the upper side of a range. There is no trend currently and we think it is better to wait. However, if we look at Gold, there is a probability of an upside momentum. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week. We think that Silver is going to develop its upside correction in the nearest future. 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 as the situation is still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 17, 2017 Author Report Share Posted February 17, 2017 Technical Outlook February 17, 2017 EURUSD The currency pair continued to develop its technical correction according to our expectations. We think that EUR still has some fuel to develop its upside tendency today up to 1,0700 and then we expect the currency pair to start a downside correction. EUR/USD is trading currently close to the upper side of the MA-channel and we give no recommendations. There is no important data today neither from Eurozone nor from the United States. The currency pair is likely to be trading according to technical analysis. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair failed to continue its upside correction last week. We think it is going to continue its downside tendency in the nearest future. 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 The currency pair reversed its tendency but there was no sharp movements yesterday. However, we can see that there is an upside tendency on the chart and it is time to look for long trades from the MA55 balance line. There is an important US data today which is able to influence fluctuations significantly. We advise to pay attention to this statistics and trade carefully. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair slowed down its tendency according to our expectations last week. We think it is going to start its downside correction in the nearest future. 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 trades from the MA55 balance line area. Place stop losses below the indicator. AUDUSD The currency pair was trading above the range established previously. This indicates on a probability of further growth of the currency pair. There is an opportunity to open long trades from the MA55 balance line expecting further upside tendency. If there is no active growth today, we advise to do more attempts to buy on the next week. There is no important data today and we think the currency pair is going to fluctuate according to technical analysis. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair did an expected correction to the broken through trendline last week and we think it is going to accelerate its growth in the nearest future. 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 trades from the MA55 balance line. Place stop losses below the indicator. USDCHF The currency pair declined yesterday and broke through the trend line indicating its direction. You may try to search for short trades from the trendline on the Hourly chart. There are no other pivot points at the moment. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair failed to develop its expected dynamics last week. We think that USD/CHF is going to continue its growth in the nearest future. 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 still unclear. Gold and Silver Technical Outlook February 17, 2017 GOLD (XAUUSD) Gold established an upside tendency yesterday and we think it is time to open long trades. However, there are some moments to pay attention to. Market activity is low due to US holidays on Monday. Another moment to pay attention to is Friday. There is no important data from the United States today. Those factors may prevent Gold from developing its upside tendency today and we advise to do nothing and stay out of market. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was a correction last week and Gold almost reached the MA55 balance line. We think that XAU/USD is going to start its downside correction in the nearest future. 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) Silver left its range according to our expectations. We think it is going to continue its growth in the nearest future but the problem is that there is low activity in the market as the US holiday is expected on Monday. It is better to avoid trading. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week and we think XAG/USD is going to continue its upside correction in the nearest future. 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 20, 2017 Author Report Share Posted February 20, 2017 Technical Outlook February 20, 2017 EURUSD The currency pair was in a downside correction on Friday and accelerated this tendency breaking the current trend. We think that today’s fluctuations will be limited as United States are on holiday. There is no important data today that may have significant impact on quotes. We give no recommendations as the market activity supposed to be low. It is risky to open trades when there are low volumes in the market. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading in both directions last week and we think that it is going to fluctuate the same way in the nearest future. 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 and volumes will be low during the American session. GBPUSD The currency pair declined sharply after weaker than expected UK Retail sales data released on Friday. We gave a recommendation to open long trades thinking that the UK data would be stronger than expected. However, our expectations failed. You had an opportunity to cancel an order after this data was released. If you did not do it, stop loss was close to the open price and you have lost few. There is no important data today and the volatility is supposed to be low due to the US holiday. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week and we think it is going to develop its correction decline in the nearest future. 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 still unclear. AUDUSD The currency pair returned to its range in which it was trading for long time previously. Short trades according to our recommendations closed by stop losses, which were close to the open price. Th3ere is no important data to pay attention to today. United states are on holidays and this may result in low volatility. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no growth acceleration last week and the currency pair is on the same positions. We think that AUD/USD is able to decline in the nearest future. 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 still unclear. USDCHF The currency pair was close to the broken out trendline in the dying minutes of Friday’s session and there was no opportunity to open trades as it was too late for trading. The currency pair tries to breakout the trendline and we advise to avoid trading waiting for better position. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair was trading in both directions last week and we think it is going to develop its moderate growth in the nearest future. 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 still unclear. Gold and Silver Technical Outlook February 20, 2017 GOLD (XAUUSD) Gold corrected on Friday and there was a fix of long trades. We gave a recommendation to avoid trading on Friday. There is no important data today to pay attention to. United States are on holiday and the dynamics is likely to be weak during the American session. It is better to do nothing today. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. XAU/USD is still close to the MA55 balance line and we think this dynamics is going to be dominating in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver was almost on the same positions on Friday as the US traders were waiting for holiday and were less active than usual. It is better to avoid trading today as the United States are on holiday and we expect low volatility during the American session. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week. We think that XAG/USD is going to develop its upside correction in the nearest future. 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. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 21, 2017 Author Report Share Posted February 21, 2017 Technical Outlook February 21, 2017 EURUSD The currency pair was trading in a tight range according to our expectations yesterday. During the Asian session the price started its decline. Other currency pairs look in the same direction as USD becomes more expensive. We think that the currency pair is going to develop its downside tendency on the eve of tomorrow’s Federal Open Market Committee minutes. We advise to pay attention to today’s German, Eurozone and United States PMIs. This data may influence fluctuations. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading in both directions last week. We think that it is going to grow or to be trading in both directions again in the nearest future. 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 trades from the MA55 balance line area. Place stop losses above the curve. GBPUSD The currency pair continued to be trading within a large descending range. You may try to open short trades from the upper side of this channel as USD is on rally at the moment and this currency is going to push on all others on the eve of the Federal Open Market Committee minutes which are to be released tomorrow during the American session. We advise to pay attention to the UK inflation report which is likely to provoke currency pair movements. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week. We think that GBP/USD is going to develop its downside correction in the nearest future. 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 trades from the trendline area on the Hourly chart. Place stop losses above the line. AUDUSD The currency pair is still trading within two last week’s range. The currency pair is in flat at the moment and we think that the better idea is to avoid trading. There is the uptrend on the Weekly chart as the price is above the Ma55 balance line. There was no growth acceleration last week and the currency pair is still close to the same positions. We think that AUD/USD is going to develop its downside correction in the nearest future. 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 still unclear. USDCHF The currency pair was trading within a tight range on Monday alike EUR/USD. It started to increase its volatility today in the morning. The currency pair is in the uptrend and you may try to open long trades during the European session, if price offers such opportunities. It is to mention that the FOMC minutes are going to be released tomorrow. We think that USD is going to grow on the eve of this event. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair was trading in both directions last week. We think that it is going to develop its moderate growth in the nearest future. 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 still unclear. Gold and Silver Technical Outlook February 21, 2017 GOLD (XAUUSD) Gold was trading with low volatility on Monday according to our expectations. Trading range was about 5USD for the whole day. However during the Asian session there was a growth in volatility and has already passed more than 5USD for a couple of hours. We advise to open short trades from the MA55 balance line. The MA-channel is still neutral. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading close to the MA55 balance line last week. We think that this dynamics is going to develop in the nearest future. 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 trades from the MA55 balance line. Place stop losses above the curve. SILVER (XAGUSD) Silver is declining at the moment but the MA-channel is still neutral. The price is breaking through the trendline on the Hourly chart and this indicates on the probability of a tendency reverse. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week. We think that the precious metal is going to develop its upside correction in the nearest future. 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 trades from the Ma55 balance line or from the trend line. Place stop losses above those indicators. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 22, 2017 Author Report Share Posted February 22, 2017 Technical Outlook February 22, 2017 EURUSD The currency pair was trading with a decline due to the FOMC members’ comments yesterday. Fed’s policymakers hinted on the probability of the Interest Rates hike on March meeting. USD has got some support on those comments. However, this fact is not the only one to push EUR/USD lower. It is to mention that investors also pay attention to the upcoming French Presidential Elections which are to take part this year. The victory of right forces may push European Union to further disintegration. There was no opportunity to sell according to our recommendations as the price failed to reach the MA55 balance line. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading in doth directions last week. We think it is going to grow or be trading without any direction in the nearest future. 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 trades from the trend line area. Place stop losses above the line. GBPUSD The currency pair was trading with high volatility within an ascending channel and has broken through the trendline on the Hourly chart today during the Asian session. It means nothing as the price may change the direction of the channel to neutral. This ascending tendency was because the Bank of England has changed its forecast for Economic growth. However, we are not sure that the currency pair is going to choose an upside tendency to follow and today it is better to take some time to watch how the situation is going to develop There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week and we think that it is going to develop its downside correction in the nearest future. 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 still unclear. AUDUSD The currency pair is still trading within a range in which it was fluctuating for a couple of previous weeks. It looks like AUD/USD is in flat and we give no recommendations in this situation. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no growth acceleration last week as AUD/USD is still in the same positions. We think that it is going to develop a downside correction in the nearest future. 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 still unclear. USDCHF The currency pair offered no opportunity to open long trades from the MA55 balance line as there was an aggressive growth yesterday. We think that there is a probability to buy from the trendline. However, those trades will be risky. The growth angle is sharp as we can see it on the chart and there is a probability to take some profit. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair was trading in both directions last week. We think that it is going to develop its growth in the nearest future. 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 trades from the trendline on the Hourly chart. Place stop losses below the line. Gold and Silver Technical Outlook February 22, 2017 GOLD (XAUUSD) Gold was trading in both directions yesterday but there was an opportunity to open short trades according to our recommendations. Those trades were likely to end with stop losses. It is better to open trades today. You can try to sell from the upper trendline. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The price continues to fluctuate close to the MA55 balance line and we think it is going to have the same dynamics in the nearest future. 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 trades from the upper trendline. Place stop losses above this line. SILVER (XAGUSD) There was an opportunity to open trades according to our recommendations. This trade is in the positive area at the moment and there is a probability that Silver is going to decline towards 17,85. However, there is no clear tendency and this trade is still risky. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week. We think that Silver is going to develop its upside tendency in the nearest future. 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 trades from the trendline until the price reaches 17,85. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 23, 2017 Author Report Share Posted February 23, 2017 Technical Outlook February 23, 2017 EURUSD The currency pair was trading in both directions as the market participants were awaiting for Federal Open Market Committee minutes. USD was growing on the eve of the release and declined further as FOMC comments did not meet investors’ expectations. Everybody wants to know when FED is going to hike Interest Rates this year. The Interest Rates hike odds is about 18% on March and 50% on May. There was an opportunity top open short trades from the MA5 balance line and the price was in a profit area for 300 pips. It was enough to protect trades or fix positions partially. The currency pair is likely to develop its upside correction, launched yesterday. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading in both directions last week. We think it is going to grow or to be trading without any direction in the nearest future. 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 still unclear. GBPUSD The currency pair was trading within a large channel which changed its direction to a flat. You may try to open trades from this range’s boundaries, but we give no recommendation in this situation. Yesterday’s Advance UK GDP data showed some decrease and this is going to push GBP/USD downwards. You may try to open short trades from the upper boundary of this flat channel. However, this boundary is rather wide. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week. We think it is going to develop its downside tendency in the nearest future. 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 as the situation is still unclear. AUDUSD The currency pair continues to be trading within a range in which it was fluctuating for the past two weeks. It looks like AUD/USD is in flat at the moment and we give no recommendations in this situation. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no growth acceleration last week and the currency pair is still on the same positions. We think that it is going to develop some downside correction in the nearest future. 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 as the situation is still unclear. USDCHF The currency pair failed to approach the trendline during yesterdays’ sessions and returned to the area right after FOMC minutes. You may try long trades from the trend line today. Stop loss should be around 100-150 pips. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear direction last week but we think that the currency pair is going to grow moderately in the nearest future. 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 trades from the trend line on the Hourly chart. Place stop losses below the line. Gold and Silver Technical Outlook February 23, 2017 GOLD (XAUUSD) Gold was trading with no clear direction yesterday on the eve of the Federal Open Market Committee meeting minutes. XAU/USD was growing before the release and declined right after the event. Then Gold started to grow again. XAU/USD’s upside tendency is provoked by the fact that there is no news on further monetary policy tightening in the United States. Interest Rates hike odds reached 18% for March and 50% for May consequently. There was an opportunity to sell from the trend line but those trades closed by stop losses. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The price continued to be trading close to the MA55 balance line last week. We think that the precious metal is going to develop this dynamics in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver failed to reach 17,85. It is time to close short trades if you had ones. Silver is in flat at the moment and its further direction is still unclear. It is better to do nothing today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week. WE think that an upside correction is going to develop in the nearest future. 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. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 24, 2017 Author Report Share Posted February 24, 2017 Technical Outlook February 24, 2017 EURUSD The currency pair developed its upside correction according to our expectations as there was no new drivers for USD growth. Interest Rates hike odds decreased after the Federal Open Market Committee minutes release and less market participants expect the Federal Reserve system to tighten its monetary policy in March. Correction growth is developing and there was a change in a current tendency. You may try to open long trades during the European session today if there is such an opportunity. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading in both directions last week. We think that EUR/USD is going to grow moderately or to have no clear direction in the nearest future. 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 trades fr om the MA55 balance line. Place stop losses below the curve. GBPUSD The currency pair increased to the upper side of the channel and even tried to break it through yesterday. However, the upper channel boundary still holds all Bulls attacks as there are no new drivers to influence fluctuations. There is an opportunity to try short trades with stop loss above yesterday’s high. However, we do not recommend doing it, as the situation is still unclear. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week. We think that GBP/USD is going to develop its downside correction in the nearest future. 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 still unclear. AUDUSD The currency pair was trying to leave the range area wh ere it had been trading for a couple of weeks. However, this attempt failed as it is still fluctuating within this range. There is no clear tendency at the moment and we give no recommendations today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no growth acceleration last week and the currency pair is still close to the same positions. We think it is going to decline in the nearest future. 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 still unclear. USDCHF The currency pair offered an opportunity to open long trades from the trendline on the Hourly chart and this position closed by stop loss. There is no clear reverse at the moment and we do not recommend opening trades. Market activity may be lower today as it is Friday. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear direction last week but we think the currency pair is able to develop its moderate growth in the nearest future. 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 February 24, 2017 GOLD (XAUUSD) Gold increased its speed in its upside tendency yesterday as the Interest Rates hike odds decreased. There is the uptrend at the moment and you may try to search for long trades. However the price is far from the MA55 balance line. You may try to buy from the MA13 but the risks are high in this case. Gold is close to a strong resistance at the moment. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Gold was trading close to the MA55 balance line last week. We think that XAU/US is going to develop this dynamics in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver went upwards yesterday and broke through the upper side of the range. There is an opportunity to open long trades but it is Friday and the market activity may be lower. We think that there is a probability of a downside correction. You may try to buy from the MA55 balance line. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a correction growth last week. We think that there is a probability of further growth in the nearest future. 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 trades from the MA55 balance line. Place stop losses below the line. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 27, 2017 Author Report Share Posted February 27, 2017 Technical Outlook February 27, 2017 EURUSD The currency pair failed to decline towards the balance line during the European session on Friday. There was no opportunity to open long trades. Later, during the American session, EUR/USD was close to the MA55 balance line, but it was too late to do something. There is a probability of further decline today. The currency pair is trading with no clear tendency at the moment as EUR/USD is accumulating positions below the resistance at 1,05700. You can try to open short trades with small stop loss, but risks are still too high. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was no clear tendency last week as the currency pair was trading in both directions. We think that EUR/USD is going to resume its downside tendency in the nearest future. 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 still unclear. GBPUSD The currency pair was trading close to the upper side of the range but declined towards its lower side on Friday. GBP/USD developed its decline in the beginning of this week. We think that the currency pair is preparing to break through the lower boundary. This may happen today or tomorrow. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading in a large range last week. We think it is going to leave this range in the nearest future. 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 as the situation is still unclear. AUDUSD The currency pair is still trading within a previously established range and unable to leave it for a long time. AUD/USD is trading in a flat range and we give no recommendations as there is no sense to do anything at the moment. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There is no changes in tendency as the currency pair is trading within a range. We think that it is going to leave this range in the nearest future. 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 still unclear. USDCHF The currency pair ended last week almost with no changes. As we have previously mentioned, it was risky to open trades as there was no clear tendency. We think that USD/CHF is going to grow. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear tendency last week but USD/CHF had some growth on Friday. We think it is going to grow 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 still unclear. Gold and Silver Technical Outlook February 27, 2017 GOLD (XAUUSD) Gold continued its growth and long trades from the MA13 were successful. There were risks but you had an opportunity to have profit as Gold’s growth was about 10USD. We think that the price is going to decline from the last weeks highs or establish new highs and reverse. There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold was trading close to the MA55 balance line last week. We think it is going to bounce off this curve 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 still unclear. SILVER (XAGUSD) Silver offered no opportunity to open long trades from the MA55 balance line. The price is close to the resistance level and may reverse at any moment. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Silver resumed its growth last week and we think it is going to develop its upside correction in the nearest future. 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 as the situation is unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted February 28, 2017 Author Report Share Posted February 28, 2017 Technical Outlook February 28, 2017 EURUSD The currency pair established new highs before the probable decline which is to take place in the nearest future. We had previously mentioned that the reverse was going to be hard. Stop losses triggered yesterday and we think that today market participants are going to push the currency pair down. Resistance at 1,05700 was weak and worked for the Asian session only. If there is any momentum today, you may try to catch the price there in order to open short trades. We think that it is better to sell from 1,06000. The only thing that may change todays plans is the US President’s Donald Trump speech. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was no clear tendency last week and we think that the currency pair is going to develop a downside tendency in the nearest future. 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 trades from 1,06000. Place stop loss above 1,06200 or on this level. GBPUSD The currency pair failed to leave is range on Monday and we think it is going to do it today. GBP/USD corrected yesterday after a huge decline. Today’s short trades area is close to 1,24500-600. However, there is on event that may change Bears plans – today’s Trump speech. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading in a wide range last week. We think it is going to leave this range downwards in the nearest future. 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 trades from 1,24500-600 levels. Place stop losses above the Ma55 balance line. AUDUSD The currency pair continues its boundary trading. AUD/USD is still within the same range for long time. There is no clear tendency at the moment and we give no recommendations. We think that the currency pair is going to leave this range downwards today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. AUD/USD is trading with no changes but we think it is going to leave its range in the nearest future. 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 The currency pair is preparing for the growth as it is trying to establish an upside tendency. We think that this tendency is going to accelerate today if nothing is going to change the plans (like today’s Trump speech). However, this event is going to take place during the American session. There is the uptrend on the Weekly chart as the price is above the Ma55 balance line. There was no clear tendency last week and the currency pair ended last week with a growth. We think it is going to develop its upside tendency in the nearest future. 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 long trades from the MA55 balance line. Place stop losses below the MA55. Gold and Silver Technical Outlook February 28, 2017 GOLD (XAUUSD) Gold is establishing new highs and is going to reverse downwards. Yesterday’s pattern indicates on the probability of this scenario. The MA-channel slows down its growth and prepares to a reverse. The only thing which is able to change plans is today’s Donald Trump speech which is to take place during the American session. You can try to sell from the MA55 balance line. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The price was close to the MA55 balance line last week and we think it is going to bounce off this curve in the nearest future. 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 trades from the MA55 balance line. Place stop losses above the curve. SILVER (XAGUSD) Silver is also preparing for a reverse but in a less active manner. There was some signs of Bears future domination on yesterday. However, we give no recommendations today as the MA-channel is still neutral. We advise to do nothing and to take any actions tomorrow. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Silver resumed its upside tendency last week and we think it is going to develop its upside correction in the nearest future. 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 still unstable.  Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 1, 2017 Author Report Share Posted March 1, 2017 Technical Outlook March 1, 2017 EURUSD The currency pair was trading in both directions yesterday on the eve of Donald trump’s speech and USD has got a significant support during the American session after a stronger than expected US data. The currency pair was trading within a neutral MA-channel and short trades according to our recommendations were unsuccessful. There was an opportunity to open short trades during the Asian session and later the currency pair has fallen through, allowing to protect your trades. Trump’s speech is expected today during the European session. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was no clear dynamics last week. We think that the currency pair is going to resume its downside tendency in the nearest future. 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 trades from the MA55 balance line. Place stop losses above this indicator. GBPUSD There was an opportunity to open short trades and get some profit as the currency pair declined for 1000 pips. GBP/USD left its range in which it was trading for long time already. We think that the currency pair is going to develop its downside tendency and even to accelerate it. You may fix your positions partially and hold the rest in order to reach goals that are more significant. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading within a large range last week. We think that it is going to leave the previously established range downwards. 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 hold short trades from 1,24500-600. AUDUSD The currency pair tries to leave its range in which it is trading for long time. Yesterday’s Australian statistics did not allow to leave the range as the GDP data was better than expected. The currency pair returned to its range after this release. The currency pair still tries to break through the boundary at 0,76500. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There is no changes in the situation but we think that the currency pair is able to leave the previously established range this week. 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 still unclear. USDCHF The currency pair was not trading according to our expectations and long trades from the MA55 balance line were closed by Stop losses. However, USD/CHF has a nice pattern today and it is better to wait until the currency pair establishes a tendency to take any further steps. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear tendency last week, but the currency pair had some growth in the end of last week. We think that USD/CHF is going to develop its upside tendency in the nearest future. 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 still unclear. Gold and Silver Technical Outlook March 1, 2017 GOLD (XAUUSD) Gold was trading according to a predicted scenario and started to decline from the MA55 balance line. There was two opportunities to open short trades in the beginning of the European session as the price was close to the MA55 balance line and in the beginning of the American session. You could place stop loss at the breakeven level in the first case (this trade brought no profit) and have some profit in the second one. The price is far from the MA55 balance line today and we advise to do nothing. There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold was trading close to the MA55 balance line last week and we think it is going to bounce of this indicator in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver still holds its positions and is trying to establish a reverse. We think it is better to avoid trading today as XAG/USD is likely to develop this weak dynamics during the day. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. XAG/USD resumed its growth last week. We think that Silver is going to develop its upside correction and then to reverse. 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 2, 2017 Author Report Share Posted March 2, 2017 Technical Outlook March 2, 2017 EURUSD The currency pair continued to decline yesterday as the Interest Rates hike odds increased again. The Federal Open Market Committee representatives have commented the probability of Interest Rates hike in March and the odds increased from 35 up to 65%. This probability has increased again up to 73% today. Those odds gave some additional significant support to USD. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was no clear direction last week and we think that the currency pair is going to develop its downside dynamics in the nearest future. 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 trades from the Ma55 balance line. Place stop above the curve. GBPUSD The currency pair continued its decline according to our expectations and there was an opportunity to fix previously opened positions with about 2000 pips of profit. The price reached the lower boundary of the MA-channel and GBP/USD is able to reverse. However, we think it may also continue to decline further as there is no fundamental factors to support the currency pair. It is up to you to decide whether to fix profit at the moment or to wait for further opportunities. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading within a large range last week. We think it is going to break through the lower side of the boundary in the nearest future. 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 currency pair is close to the lower side of the MA-channel. AUDUSD The currency pair is still within a range and can not leave it. However, we think it is going to break it through downwards in the nearest future. You may try to open short trades from the MA55 balance line today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was almost no changes last week, but we think that the currency pair is going to leave this range 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 open short trades from the MA5 balance line. Place stop loss above the indicator. USDCHF The currency pair moved upwards yesterday but it was not enough to think that the uptrend is established. We advise to take no steps until the currency pair establishes any tendency. We think that those opportunities will be offered tomorrow. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear tendency last week but we think the currency pair is going to go upwards 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. Gold and Silver Technical Outlook March 2, 2017 GOLD (XAUUSD) Gold continued its downside dynamics in the first half of Wednesday due to the US data. However, we think that USD is going to grow in the nearest future as the Interest Rates hike odds increased after yesterday’s Federal Open market committee members’ comments. This probability increased up to 65% and this may have a significant impact on XAU/USD. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The price was fluctuating close to the MA55 balance line last week. We think it is going to bounce off this curve in the nearest future. 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 trades from the MA55 balance line. Place stop losses above the indicator. SILVER (XAGUSD) Silver is still trading in a flat with no clear direction and this precious metal is unable to develop a downside dynamics as we have previously commented. We think it is better to do nothing today as XAG/USD is able to develop this dynamics during the day. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was some growth last week and we think Silver is going to develop this 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 3, 2017 Author Report Share Posted March 3, 2017 Technical Outlook March 3, 2017 EURUSD The currency pair continued its decline but there was no opportunity to open trades according to our recommendations as the MA55 balance line was not reached yet. The currency pair still develops its downside tendency according to our expectations as the March Interest Rates hike odds increased. The Federal Open Market Committee comments add some additional support to USD. We think that EUR/USD is going to continue its decline today. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was no clear tendency last week and we think that the currency pair is going to develop its downside tendency in the nearest future. 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 trades from the MA55 balance line area. Place stop losses above the indicator. GBPUSD The currency pair slowed down its decline. It is able to start a correction though it looks to be unlikely. The price had some correction towards the balance line. There is a probability, the GBP/USD is going to decline. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was trading within a wide range last week. We think it is going to leave this range in the nearest future. 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 trades from the MA55 balance line. Place stop losses above the indicator. AUDUSD The currency pair made a downside momentum and if you had an opportunity to sell from the MA55 balance line, you would have about 1000 pips as profit at the moment. USD growth allowed the currency pair to move downwards. The currency pair is close to the lower boundary of the MA-channel and is able to start its correction. We advise to avoid doing something else and to fix your trades totally. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There is no changes in the character of fluctuations and we think that the currency pair is going to leave its range in the nearest future. 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 still unclear. USDCHF The currency pair developed its upside tendency yesterday. However, this trend is still too weak. You can try to open long trades today as the upside tendency is able to continue. There is the uptrend on the Weekly chart as the price is above the Ma55 balance line. There was no clear tendency last week but it closed with some growth. We think the currency pair is going to develop its modern growth in the nearest future. 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 trades from the MA55 balance line. Place stop losses below the indicator. Gold and Silver Technical Outlook March 3, 2017 GOLD (XAUUSD) Gold was trading far from the MA55 balance line. It offered no opportunities to open short trades. However, for those who risked and sold XAU/USD, there was a reward. There was another point to sell from the broken through trendline but we did not consider it as we thought about earlier position openings. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The price was close to the curve last week. We think it is going to bounce off this indicator in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver declined yesterday as USD has got some additional support. We think it is better to do nothing today as the price is close to the lower side of the MA-channel. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price resumed its growth last week. We think that Silver is going to finish its correction and reverse in the nearest future. 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 do nothing today as the situation is still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 6, 2017 Author Report Share Posted March 6, 2017 Technical outlook March 6, 2017 EURUSD The currency pair offered an opportunity to open short trades according to our recommendations and was closed by stop loss. However, we think that US dollar is going to grow in the nearest future when there are new hints on the probability of Interest Rates hike in March. The Federal Open Market Committee head Janet Yellen did comments on Friday but she said nothing new and this is probably the main reason why USD lost positions. Another reason is that it was Friday and market players were fixing their positions. Anyway, this week we advise to pay attention on Friday’s US Labor Market data as it may be crucial for the currency pair. We think the price is going back towards the MA55 balance line. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was some downside dynamics last week according to our expectations. We think the currency pair is able to continue its upside tendency in the nearest future due to Friday’s upside momentum. 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 as the situation is still unclear. GBPUSD The currency pair moved upwards during the American session allowing opening short trades. The price was in a profit area for 400 pips and it was enough to protect trades or to take profit completely or partially. We think that the currency pair is going to develop its upside correction today. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair left the range last week and moved downwards. We think it is going to be trading with some growth in the nearest future. 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 still unclear. AUDUSD The currency pair started to establish a correction on Friday and the decision to fix profit in the morning was well timed. The price is still below the MA55 balance line and we think AUD/USD is going to make a downside momentum. However, we think that this momentum is going to be brief. We advise to do nothing today, as the situation is still unclear. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair left the range last week. We think that AUD/US is going to consolidate below the broken through range in the nearest future. 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 still unclear. USDCHF The currency pair offered opportunity to open long trades from the Ma55 balance line and they closed with a small stop losses. There was no further currency pair growth as USD retreated on Friday. We think that this tendency reverse was due to the fix of positions after the Federal Open Market Committee head Janet Yellen as she has told nothing new. There is the uptrend on the weekly chart as the price is above the MA55 balance line. There was no clear tendency last week and we think USD/CHF is going to decline moderately in the nearest future. 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 still unclear. Gold and silver Technical Outlook March 6, 2017 GOLD (XAUUSD) Gold went back towards the MA55 balance line on Friday. It is time to try short trades with close goals. We think that the current tendency is strong and may even reach Friday’s low or a bit higher. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The price bounced off the MA55 balance line last week according to our expectations. We think that Gold is going develop its downside tendency in the 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 trades from the MA55 balance line. Place stop losses above this indicator. SILVER (XAGUSD) Silver reached the MA55 balance line on Friday and reversed downwards. It is too late to look for short trades at the moment and we advise to stay away from market today. We think that the price is going to reach Friday lows and then reverse upwards. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price was at the same place for a couple of days and then reversed downwards. We think that XAG/USD is going to decline 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 still unclear.  Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 7, 2017 Author Report Share Posted March 7, 2017 Technical Outlook March 7, 2017 EURUSD The currency pair was close to the MA55 balance line according to our expectations yesterday. We think that the currency pair is going to develop its upside tendency. It is important to pay attention to the Eurozone Advanced GDP. However, experts think that this data is going to remain unchanged. USD has partially included the probability of Interest Rates hike in March. However, we think that Friday’s US Labor Market data is able to change the situation. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was in a downside tendency last week according to our expectations. We think that EUR/U is going to develop its upside correction after Friday’s momentum. 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 trades from the MA55 balance line. Place stop losses below the indicator. GBPUSD The currency pair declined yesterday indicating on the fact that the upside correction is hard to develop. There is no clear tendency at the moment and we give no recommendations. There is a probability that the currency pair is going to decline and there will be no upside correction at all. Anyway, it is better to do nothing today, as there is no tendency. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair left the range downwards last week. We think that it is going to grow moderately in the nearest future. 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 still unclear. AUDUSD The currency pair had a growth above the MA55 balance line and canceled the probability of further downside tendency. There is a correction currently and it may last until 0,7650. Today’s currency pair growth was due to the Reserve Bank of Australia meeting. However, we think that this growth if going to be brief. There is no trend and it is better to avoid trading at the moment. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair left the range downwards last week. We think that the currency pair is going to consolidate below the range in the nearest future. 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 still unclear. USDCHF The currency pair is still trading within a range. Market participants are waiting for opportunities to start any tendency. We expect the currency pair to decline in the nearest future as there is a pattern indicating on such a probability. You can try to open short trades from 1,01150 but there are high risks. If you decide to risks, you may have a high rewards targeting 1,00000. There is the uptrend on the weekly chart as the price is above the MA55 balance line. There was no clear direction last week. We think that the currency pair is going to decline moderately in the nearest future. There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. There is an opportunity to open risky short trades from 1,01150. Place stop losses at 1,01350. Gold and Silver Technical Outlook March 7, 2017 GOLD (XAUUSD) Gold went upwards towards the balance line and there was an opportunity to open short trades from there. If you opened trades according to our recommendations, you could earn about 8 USD. It is better to avoid trading today as the situation is unclear. We think that there is a probability of an upside correction. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The price bounced off the MA55 balance line last week. We think it is going to develop its decline in the nearest future. 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) Silver almost reached Friday’s lows and stopped there. We think that XAG/USD is preparing for an upside correction. Anyway, it is better to do nothing in this situation. The MA-channel slows down in addition. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price was at the same levels for a couple of days and then reversed downwards. We think that Silver is going 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 8, 2017 Author Report Share Posted March 8, 2017 (edited) Technical Outlook March 8, 2017 EURUSD The currency pair developed its downside correction, which transforms step-by-step in a downside tendency as the MA-channel changes its direction. This may result in an acceleration of a decline and the correction will finely provoke a downtrend. Short trades according to our recommendations closed by stop losses. We think that today the currency pair is going to accelerate its decline. USD probably starts to include Friday’s US Labor Market data in price. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was a downside tendency last week according to our expectations. We think that the currency pair is going to grow after Friday’s upside momentum. 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 as the situation is still unclear. GBPUSD The currency pair declined towards new lows and there is no more corrections as GBP/USD has chosen a downside tendency. The MA-Channel declines as well. It is better to look for short trades in this situation. Today there is a US ADP data which is likely to influence fluctuations. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair left its range downwards last week according to our expectations. We think that GBP/USD is going to be trading upside in the nearest future. 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 trades from the MA55 balance line. Place stop losses above the indicator. AUDUSD The currency pair is unable to grow higher than yesterday’s highs and we think it is going to reverse and end its upside correction. We advise to pay attention to 0,7580 level. If the currency pair breaks through this level, it is going to change completely its direction. There is no trend still and it is better to do nothing today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair left its range last week according to our expectations. We think AUD/USD is going to consolidate below this range in the nearest future. 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 still unclear. USDCHF The currency pair offered an opportunity to open short trades according to our recommendations from the MA55 balance line. Those positions were closed by stop losses. As we had previously mentioned, those trades were too risky. There is still no tendency and we advise to do nothing today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear tendency last week. We think that the currency pair is going to decline moderately in the nearest future. 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 still unclear. Gold and Silver Technical Outlook March 8, 2017 GOLD (XAUUSD) Gold was trading in a downside tendency yesterday and we think it is time to look for short trades. Today’s US Labor Market data is going to influence XAU/USD’s decline. The price is far from the MA55 balance line and there is no safe opportunity to open any trades at the moment. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The price bounced off the MA55 balance line last week according to our expectations. We think the currency pair is going to develop its decline in the nearest future. 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) Silver established new lows and we think it is going to develop its downside tendency in the nearest future. The price is likely to return towards the broken through trendline on the Hourly chart and then to resume its downside tendency. We can take an opportunity. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price stood on the same positions for a couple of days and reversed downwards finally. We think that XAG/USD is going to develop its downside tendency in the nearest future. 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 trades from the broken through trend line. Place stop losses above this line. Edited March 8, 2017 by Adamant Finance Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 9, 2017 Author Report Share Posted March 9, 2017 Technical Outlook March 9, 2017 EURUSD The currency pair developed its downside correction yesterday but there was no tendency acceleration. US ADP Labor Market data was better than expected and USD continued to grow. We advise to pay attention to today’s European Central Bank meeting. Market participants do not expect any changes in monetary policy, but European Central Bank sometimes surprises markets. As for the currency pair dynamics, we think EUR/USD is going to continue its decline in the nearest future. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was downside dynamics last week according to our expectations. We think that the currency pair is going to grow in the nearest future after Friday’s upside momentum. 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 still unclear. GBPUSD The currency pair developed its downside tendency yesterday but failed to reach the Ma55 balance line. There was no opportunity to open short trades according to our recommendations. We think the currency pair is going to continue its decline today due to yesterday’s US ADP Labor Market data, which was better than expected. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair left the range downwards last week. We think it is going to be trading upwards 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 trades from the Ma55 balance line. Place stop losses above the indicator. AUDUSD The currency pair confirmed our thoughts as 0,75800 level was the key one. The price crossed it and started to decline moderately. There is the downtrend at the moment but the price is far from the balance line. We give no recommendation in this situation. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair left its range last week. We think that there is a probability of a consolidation below the range in the nearest future. 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 still unclear. USDCHF The currency pair established an upside tendency but this uptrend is moderate. We think that market participants are cautious on the eve of tomorrow’s US Labor Market data. The quantity of new jobs is not as important as the average wage. This may be the reason why USD growth is still moderate. We think that this dynamics is likely to develop today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear tendency last week. We think that the currency pair is going to decline moderately 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 still unclear. Gold and Silver Technical Outlook March 9, 2017 GOLD (XAUUSD) Gold developed its downside tendency but failed to reach the MA55 balance line yesterday. There was an opportunity to sell at high risks from the MA13, but we gave no recommendations. We think that this dynamics is likely to continue today as the market participants are looking forward to see the US Labor Market data, especially average wage index. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The priced bounced off the MA55 balance line last week according to our expectations. We think it is going to develop its downside tendency in the nearest future. 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 still unclear. SILVER (XAGUSD) Silver continued its downside tendency and even accelerated its decline yesterday. The price failed to return towards the broken through trendline on the Hourly chart offering no opportunities to sell. We think that today there is a high probability of a correction to the latest decline and we give no recommendations. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price was on the same positions for a couple of days and then reversed downwards as we had expected last week. We think Silver is going 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 as the situation is still unclear.  Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 10, 2017 Author Report Share Posted March 10, 2017 Technical Outlook March 10, 2017 EURUSD The currency pair went on correction yesterday on the eve of today’s important US Labor Market data. This event is the main for today and we advise to pay particular attention to the US Average Hourly Earnings as this data may have significant impact on fluctuations. If this statistics is equal or better than expected, USD may have some additional support as the Interest Rates hike odds will be higher. We advise to trade only when this data is released. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was a downside tendency last week according to our expectations. We think the currency pair is going to grow due to Friday’s upside momentum. 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 before the release of the US Labor Market data. GBPUSD The currency pair is trading flat but the trend still looks downwards. This indicates on the probability for the currency pair to decline after the US Labor Market data, which is to be released today. However, you should pay attention to the results of this data. If it is equal or better than expected, USD may get additional support today. As for yesterday’s recommendations, there was an opportunity to open short trades and the price was in the profit area for 450 pips. It was enough to take profit or to protect your trades. It is better to trade after the release of the US Labor Market data today. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair left its range last week according to our expectations. We think it is going to grow in the nearest future. 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 US Labor Market data today. AUDUSD The currency pair was in correction yesterday and approached the MA55 balance line. There is still the downtrend and we think AUD/USD is likely to develop its decline after the US Labor Market data (in case if this statistics is equal or better than expected). It is better to open positions only after the release of the US Labor Market data today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair left its range downwards last week. We think there is a probability of a consolidation below this range in the nearest future. 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 trades only after the release of the US Labor Market data today. USDCHF The currency pair is in correction at the moment on the eve of today US Labor Market data. We advise to pay particular attention to the Average Hourly Earnings. It is better to do nothing before the release of this data. There is the uptrend on the Weekly chart a the price is above the MA55 balance line. There was no clear tendency last week. We think the currency pair is going to decline moderately in the nearest future. 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 before the release of the US Labor Market data. Gold and Silver Technical Outlook March 10, 2017 GOLD (XAUUSD) Gold continued to decline and this downside tendency is rather aggressive. We think the price is able to reach 1140,0 level soon. However, there are no tendencies without corrections and we think XAU/USD is going to start its upside correction today or next week. It is better to avoid trading today before the release of the US Labor Market data. 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 data. SILVER (XAGUSD) Silver developed its downside tendency yesterday. The price failed to reach the Ma55 balance line and we give no recommendations. We think that this decline is going to stop today in case if the US labor Market data is weaker than expected. However, it is better to trade after the release of the US data. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The price remained on the same place for a couple of days and reversed downwards. We think that Silver is going to decline in the nearest future. 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 do nothing before the release of the US Labor Market data today. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 13, 2017 Author Report Share Posted March 13, 2017 Technical Outlook March 13, 2017 EURUSD The currency pair went upwards after the US Labor Market data. This statistics was better than expected or equal to forecasts except Average Hourly Earnings, which remained unchanged. This result is worse than expected as Bloomberg analysts expected it to have some growth. Average Hourly Earning data established an obstacle for USD to further growth. European Central Bank representatives’ comments on the probability of interest rates hike before the end of their bond buying programme gave some additional support to the currency pair. We give no recommendations today as the price is close to the upper side of the MA-channel. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was an expected growth of the currency pair last week. We think that EUR/USD is going to be trading within the last week’s range with a light growth. 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 still unclear. GBPUSD The currency pair failed to resume its downside tendency as Friday’s Us Average Hourly Earnings data was worse than expected. There is no trend currently and the currency pair is able to establish an upside tendency in the nearest future. However, as for the Weekly chart, we can see here that the decline is likely to develop. We think that the currency pair is going to breakthrough upwards or it is able to develop its downside tendency. 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 it is going 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 still unclear. AUDUSD The currency pair had some growth on Friday after weaker than expected US Average Hourly Earnings data. All other data was favorable for USD to continue its growth. However, wage growth is still an issue for the Federal Open Market Committee. This data provoked some currency pair growth. We think that this week market participants are going to balance their positions. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a consolidation below the range last week and the currency pair developed its downside tendency as well. We think that it is going to continue 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 do nothing today as the situation is still unclear. USDCHF The currency pair developed its downside tendency after worse than expected US Average Hourly Earnings data. USD/CHF is following EUR/USD, but this will not last for long time as the Federal Open Market Committee meeting, which is to take place this week, may change the situation completely. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear tendency last week. We think that the currency pair is going to develop this dynamics 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 still unclear. Gold and Silver Technical Outlook March 13, 2017 GOLD (XAUUSD) Gold went on correction after weaker than expected Friday’s US Average Hourly Earnings data. There was signs of a correction and it happened. It is likely to continue for a couple of days. We think that this correction is going to develop until the Federal Open Market Committee meeting, which is to take place on Tuesday and Wednesday. 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 it is going to develop its downside tendency in the second part of the week. 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 still unclear. SILVER (XAGUSD) Silver is going to correct after its significant decline last week. We think that this dynamics is going to develop until the Federal Open Market Committee meeting. Silver is going to grow or to decline depending on the results of this event in the second half of the week. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was the decline acceleration last week. We think XAG/USD is going to develop it 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 14, 2017 Author Report Share Posted March 14, 2017 Technical Outlook March 14, 2017 EURUSD The currency pair returned to the Ma5 balance line and there is an opportunity to open long trades today. As for the targets, they shouldn’t long as there is the Federal Open Market Committee Meeting on Wednesday and before this event, the volatility is likely to be small. 95% of investors and market players think that the FOMC is going to hike Interest Rates during the Meeting. However, market participants would also like to know what the FOMC projections for further monetary policy tightening are. It is also important to pay attention to today’s ZEW Eurozone industrial index which may have some impact on the currency pair fluctuations. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was a currency pair growth last week according to our expectations. WE think that the currency pair is going to be trading within the last week’s range or even higher. 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 open long trades from the MA55 balance line. Place stop losses below the indicator. GBPUSD The currency pair went upwards yesterday but this upside tendency is likely to be short in time as this is nothing more than just a correction and we are on the eve of the Federal Open Market Committee Meeting which is to take place today and tomorrow. This event is able to push USD higher and the currency pair may decline. However, you can try long trades with short goals. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week and we think it is going to develop its downside tendency in the nearest future. 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 open long trades from the MA55 balance line. Place stop losses below the indicator. AUDUSD The currency pair is trading within an upside correction and this dynamics is likely to develop until the results of the Federal Open Market Committee Meeting, which are to be released tomorrow during the American session. You may try long trades from the MA55 balance line or from the trend line. It is better to choose short goals as we expect this upside tendency to be limited. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a consolidation below the broken through range last week and then the currency pair developed its downside tendency. We think that AUD/USD is going to decline moderately 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 open long trades from the MA55 balance line or from the trend line. Place stop losses below those indicators. USDCHF The currency pair developed its downside tendency yesterday, but it was not stable as USD/CHF is in correction at the moment. It is not comfortable to trade in this situation as the price is not close to the balance line and we give no recommendations. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no clear tendency last week and we think this dynamics is likely to continue 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 still unclear. Gold and Silver Technical Outlook March 14, 2017 GOLD (XAUUSD) There is a correction on the precious metals market and Gold declined towards the yesterday’s lower positions. We think this correction is likely to continue until the results of the Federal Open Market Committee Meeting, which are to be released tomorrow during the American Session. We advise to avoid trading today as there is no tendency and the current trend is neutral. There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold declined according to our expectations last week. WE think it is going to develop its downside tendency in the second half of the week. 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 still unclear. SILVER (XAGUSD) Silver has started a correction after a significant decline last week. There is no tendency currently and the price is moving with no clear direction. It is better to do nothing in those conditions as stop losses should be large and the goals should be small. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The last week’s decline accelerated by the end of the week. We think that the currency pair is going to develop its decline in the nearest future. 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 15, 2017 Author Report Share Posted March 15, 2017 Technical Outlook March 15, 2017 EURUSD The currency pair changes its direction after yesterday’s negative dynamics. There was an opportunity to open trade according to our recommendations and this position was closed by stop loss. Eurozone data was mixed and gave no support to EUR. There is a large volume of US data today including Retail Sales, Consumer Price index etc. The main event for today is the Federal Open Market Committee Meeting, which is to take place during the American session. We expect the volatility to grow after the release of the results of the FOMC Meeting. It is better to do nothing today and open positions tomorrow when the price includes the results of today’s Meeting. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair had some growth last week according to our expectations. We think that EUR/USD is going to be trading within last week’s range or even higher. 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 take no decisions today as the situation is unclear. GBPUSD The currency pair moved downwards yesterday and offered an opportunity to open trades according to our recommendations. This decline was market’s reaction to the Parliamentary decision to start Brexit process. There is another news to push British Pound down – Scottish Parliament is ready to launch a procedure to initiate its own referendum on independence of Scotland. We think that it is a bad idea to open trades today and it is better to wait until the results of the Federal Open Market Committee Meeting which is to take place today. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week. We think it is going 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 The currency pair offered an opportunity to open trades from the MA55 balance line according to our recommendations and you could fix this positions with 250 pips of profit. It is better to do nothing today as there is an important event during the American session – The Federal Open Market Committee Meeting. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a consolidation below the broken through range and the currency pair developed its decline last week. We think that AUD/USD is going to continue its moderate decrease 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 still unclear. USDCHF There was an opportunity to take some profit yesterday but we gave no recommendations. It is better to wait until the release of today’s Federal Open Market Committee Market and take any decisions following this event. The trend line was broken through upwards and we think it is a sign of further upside tendency. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair continued its fluctuations in both directions last week. We think that USD/CHF is going to develop this dynamics 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 still unclear. Gold and Silver Technical Outlook March 15, 2017 GOLD (XAUUSD) Gold continues to be trading with no clear direction and there is no sense to open trades at the moment. We think that it is better to wait until the release of the results of the Federal Open Market Committee Meeting, which are to be issued today during the American Session. Investors are looking forward to know more on Federal Reserve plans and projections. There is no trend on the Weekly chart as the price is close to the MA55 balance line. There was a decline according to our expectations last week. We think that Gold is going to resume its downside tendency in the second half of the week. 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 still unclear. SILVER (XAGUSD) Silver continues its neutral dynamics which is likely to be broken today after the Federal Open Market Committee Meeting. It is better to do nothing before the release of the results of this event. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. XAG/USD declined last week. We think it is going 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 16, 2017 Author Report Share Posted March 16, 2017 Technical Outlook March 16, 2017 EURUSD The currency pair grew sharply after the release of the results of the Federal Open Market Committee Meeting, which were issued yesterday during the American session. It seems that market participants waited for more hawkish comments on behalf of the Federal Reserve System members, but FOMC comments were moderate. Market participants had no doubts that this regulatory body is going to announce more than three Interest Rates hikes in 2017, but there was no even a single hint on it and market participants were disappointed seeing as how the market situation is developing. Another positive moment for the currency pair is that the current governing Netherlands party won the elections. We advise to try long trades today. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. There was some currency pair growth last week. We think that EUR/USD is going to be trading within the last week’s range or a little higher. 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 trades from the MA13 or the MA55 balance line. Place stop losses below those indicators. GBPUSD The currency pair had some significant growth after the release of the results of the Federal Open Market Committee Meeting. USD is likely to develop its downside tendency and we think it is time to look for long trades. However, it is to mention that today there is the Bank of England’s Meeting and it is better to wait for the results of the event before taking any further steps. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week. We think it is going 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 trades from 1,2225 level. Place stop at 200-300 pips distance from the strike price. AUDUSD The currency pair had some significant growth after the release of the results of the Federal Open Market Committee Meeting. AUD/USD is likely to develop its upside tendency, but we advise to wait until a correction to open long trades. It is better to buy from the MA55 balance line. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was a consolidation below the range and the currency pair continued to develop its downside tendency last week. We think that AUD/USd is going to continue its moderate 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 trades from the MA55 balance line. Place stop losses below the indicator. USDCHF The currency pair declined sharply after the release of the results of the Federal Open market Committee meeting. Fundamental environment was opposite to the technical image yesterday. However, it is time to look for short trades as USD has chosen its direction. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair continued to be trading in both directions last week. We think that this dynamics is likely to continue in the next couple of days. There is the downtrend on the Hourly chart as the MA-channel goes upwards and the price is below the MA55 balance line. We advise to open short trades from 1,00250. Place stop losses at 1,00350. Gold and Silver Technical Outlook March 16, 2017 GOLD (XAUUSD) Gold grew yesterday after the release of the results of the Federal Open Market Committee Meeting. Market participants expected more hawkish comments from the Federal Reserve members. Investors were sure that FOMC members were going to give hints on more than three time Interest Rates hike in 2017. There is no trend on the Weekly chart as the price is close to the MA55 balance line. Gold declined according to our expectations last week We think that XAU/USD is going to develop its decline in the second half 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 open long trades from the MA13. Place stop losses below this curve. SILVER (XAGUSD) Silver has a sharp growth following Gold and there is still no downside correction. We see no opportunities to open trades, as it is risky in the current situation. However, if the price goes back to the MA13, you can buy XAG/USD there. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was some decline last week. We think that Silver is going 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 trades from the MA13 at least. Place stop losses below the indicator. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 17, 2017 Author Report Share Posted March 17, 2017 Technical Outlook March 17, 2017 EURUSD The currency pair was trading in a tight range yesterday and developed its frowth during the American session only. There was an opportunity to open long trades from the MA13, but those positions were unsuccessful and there is a probability that they have been closed by stop losses as it is too risky to buy or sell from the MA13 curve and we always underline this in our reviews. We think that the currency pair is going to start a deep correction today and we advise to do nothing. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair had some growth last week. We think that it is going to be trading within the last week’s range or even higher 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 There was no opportunity to open trades from 1,22250 as the price failed to reach this level yesterday. There was a surprise during the Bank of England’s Meeting as one of the Monetary Policy Committee members voted for Interest Rates hike. It is to mention that all members had voted for current monetary policy last time. This is the first signal or even alert to the probability of Interest Rates hike in the nearest future. The currency pair fluctuations resulted in growth. However we think that it is time for GBP/USD to have a considerable correction today and it is better to do nothing on Friday. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair declined last week and we think it is going 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 The currency pair moves closer to the MA55 balance line, but it failed to reach it yesterday. The price is still declining moderately but it still not close to the balance line to offer some trading opportunities. You may try to buy from the MA5 balance line with close targets. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was price consolidation below the range and the currency pair develop its downside tendency last week. We think it is going to decline moderately 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 trades from the MA55 balance line. Place stop losses below this indicator. USDCHF The currency pair continued its decline yesterday. The Bank of Switzerland conducted its Meeting yesterday and left its monetary policy unchanged. However, the currency pair went on a correction in the morning and we think it is going to develop it during Friday. There was no opportunities to open short trades according to our recommendations yesterday as the currency pair failed to reach the MA55 balance line. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair continued to be trading without any clear direction last week. We think that this dynamics is going to develop this week. 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 March 17, 2017 GOLD (XAUUSD) Gold continued to grow moderately yesterday and allowed to open long trades from the MA13 according to our recommendations. There was an opportunity to take about 10 USD as profit and it was easy to fix positions there. There is a probability, that Gold is going to launch a downside correction today and we advise to do nothing in order to avoid counter trend trading. There is no trend on the Weekly chart as the price is close to the MA55 balance line. The price declined according to our expectations last week. We think it is going to continue 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) Silver offered an opportunity to open long trades according to our recommendations from the MA13. You had a chance to fix those trades with about 15 pips of profit. We think that Silver is going to develop its correction today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. XAG/USD accelerated its decline towards the end of the last week. We think Silver is likely to develop its 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 avoid trading today as the situation is still unclear. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 20, 2017 Author Report Share Posted March 20, 2017 Technical Outlook March 20, 2017 EURUSD The currency pair did the expected correction, but it was not as deep as we had previously thought. The currency pair reached the MA55 balance line and bounced off it. We think it shows the currency pairs intention to develop its upside tendency in the nearest future. You can try to open long trades during the European session today if there is any opportunity to do it. There are many Federal Open Market Committee members’ comments this week (including today’s Evans speech), which may have considerable impact on fluctuations and we advise to stay on guards. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair had some considerable growth last week and we think it is going 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 trades from the MA55 balance line. Place stop losses below the indicator’s curve. GBPUSD There was no currency pair’s correction, GBP/USD continued its growth on Friday, and it is still doing it today. We advise to look for long trades. There is a high potential for further growth. However, the currency pair is far from the balance line and it is better to wait until it gets closer to the MA55. It is to mention also that there are many Federal Open Market Committee members’ comments this week that may influence fluctuations. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair has got some additional support last week after the Bank of England’s Meeting and Interest Rates voting. We think that the currency pair is going 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 trade from the MA55. Place stop losses below this indicator’s curve. AUDUSD The currency pair failed to reach the MA55 balance line on Friday and there was no opportunity to open long trades according to our recommendations. However, we think that this opportunity is likely to appear today. The currency pair has a high potential for further growth. Do not forget about the FOMC members’ comments that will be numerous this week. They may have significant impact on fluctuations. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no currency pair decline last week as USD was weak. We think that the currency pair is going 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 trades from the MA55 balance line area. Place stop losses below this indicator’s curve. USDCHF The currency pair was in a consolidation on Friday and it reached the MA55 balance line and the USD/CHF bounced off. This fact indicates on the probability of further decline. We think that USD/CHF is going to develop its downside tendency if fundamental factors support those moods. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair declined last week due to weak USD. We think that USD/CHF is going to develop this downside dynamics 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 trades from the MA55 balance line. Place stop losses above the indicator. Gold and Silver Technical Outlook March 20, 2017 GOLD (XAUUSD) Gold was in a correction last Friday but failed to decline and was trading within a tight range. We think XAU/USD is likely to develop its upside tendency today and we advise to open long trades if the price allows to do it. There is a high potential for further growth. There is no trend on the Weekly chart as the price is close to the MA55 balance line. There was no decline last week as market players were disappointed by the Federal Open Market Committee comments. We think the currency pair is going 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 trades from the MA55 balance line. Place stop losses below this curve. SILVER (XAGUSD) Silver was trading with some growth despite the fact that we had expected a correction. The price failed to establish new weekly highs. We think it is going to happen today. We advise to open long trades from the MA55 balance line. There is no trend on the Weekly chart as the price is close to the MA55 balance line. There was no expected decline last week as market participants were disappointed by the Federal Open Market Committee members’ comments. We think Silver is going 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 trades from the MA55 balance line. Place stop losses below this curve. Quote Link to comment Share on other sites More sharing options...
Adamant Finance Posted March 21, 2017 Author Report Share Posted March 21, 2017 Technical Outlook March 21, 2017 EURUSD There was an opportunity to buy the currency pair according to our recommendations but this position was closed by stop loss. There is no clear tendency at the moment and we advise to do nothing today. There will be no Eurozone data during the day and the correction is likely to take place. However, the currency pair established new highs and there is a probability of further upside tendency. This is the reason why we advise to do nothing. It is to mention also that FOMC member Evans gave his comments yesterday hinting on the probability of four Interest Rates hike in 2017. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair was growing last week contrary to our expectations. We think that EUR/USD is going 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 still unclear. GBPUSD The currency pair was close to the MA55 balance line during the European session and there was an opportunity to open long trades from there. The price then reversed upwards and went for 250 pips offering an opportunity to protect trades placing stop losses at breakeven level. Anyway, there is currently no clear tendency and we advise to avoid trading and watch for opportunities. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair had some growth after British government decisions last week. We think it is going 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 The currency pair offered no opportunity to open long trades according to recommendations as the price failed to reach the MA55 balance line. AUD/USD is close to the balance line today but the current pattern does not indicates on the probability of further growth. We advise to do nothing today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. There was no price decline last week as USD was weak. We think the currency pair is going 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 close to the MA55 balance line. We advise to avoid trading today as the situation is still unclear. USDCHF The currency pair offered an opportunity to open short trades according to our recommendations. Those positions were closed by stop loss. There is no tendency currently and it is better to avoid trading today. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency air declined last week due to the USD’s weakness. We think it is going 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. Gold and Silver Technical Outlook March 21, 2017 GOLD (XAUUSD) Gold approached the MA55 balance line yesterday and there was an opportunity to buy according to our recommendations. The price was in a profit zone allowing to protect the trades. There is no tendency currently and it is better to avoid trading at the moment. There is no trend on the Weekly chart as the price is close to the MA55 balance line. There was no price decline last week as the market players were disappointed by the Federal Open Market Committee members’ comments. We think the currency pair is going 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 still unclear. SILVER (XAGUSD) Silver reached the MA55 balance line yesterday and there was an opportunity to open long trades according to our recommendations. However, there was almost no further growth and it was better to close positions with small profit. There is no trend on the Weekly chart as the price is close to the MA55 balance line. There was no further decline last week as market participants were disappointed by the Federal Open Market Committee members’ comments. We think that there is a probability of some growth 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 still unclear. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.