Technical Analysis by Vistabrokers

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Market Outlook According to the Method of Bill Williams: GOLD

 

We have fixed the result on the long position from 1164.93 at 1158.19 (the red Alligator's line crossing) with loss. At this stage, when we are out of the market, we need to place pending breakthrough orders at the nearest fractals. Thus, we will buy from 1167.62, and sale from 1156.84.

 

http://s017.radikal.ru/i423/1507/e6/270e0eeee3fc.png

 

Volatility: 22%

Trend: sideways

Fundamental background: weak

 

Market Outlook According to the Method of Bill Williams: USD/JPY

 

It seems that Asian stock markets have come out of a nosedive and currently we have strong recovery of the USD / JPY, which, in particular, seriously correlates with the dynamics of the Japanese index NIKKEI. Amid this we have to urgently fix the result on the short position from 122.59 in accord with the signal on the closure of one of the bars above the red Alligator's line (121.71). Currently we are out of the market with the nearest buy order at 122.87 and the sale one at 120.39. Note that conditions for potential entry are not the best, since indicators values are far from zero, and Alligator's lines are not intertwined.

 

http://s50.radikal.ru/i129/1507/bf/08736f9eaec6.png

 

Volatility: 56%

Trend: sideways

Fundamental background: weak

 

Market Outlook According to the Method of Bill Williams: EUR/USD

 

The long position from 1.1091 has not given the expected effect, because soon we received a signal to leave the market at 1.1021. However, soon it took another fractal breakthrough, which means for us another entry into the market to buy from 1.1127. It seems that the movement continues, so we are ready to add to the position if receive additional System signals.

 

http://s019.radikal.ru/i615/1507/16/8643eb673733.png

 

Volatility: 68%

Trend: bullish

Fundamental background: weak

 

Market Outlook According to the Method of Bill Williams: GBP/USD

 

We have closed the order to sale from 1.5671 with a significant profit (1.5445) on the signal of the red Alligator's line crossing. Now the price is going up, but it does not concern us, because none of placed in opposite directions breakthrough orders at 1.5627 (buy) and 1.5342 (sell) was reached.

 

http://i056.radikal.ru/1507/74/7ed8157f115f.png

 

Volatility: 37%

Trend: sideways

Fundamental background: weak

[Vistabrokers]

EUR / USD. Technical vs. Fundamental

 

Fundamental factors (there is still no agreement on Greece) hinder a full formation of a graphic reversal pattern «Head-n-Shoulders». Meanwhile, an upside potential remains.

 

http://www.hostpic.org/images/1507131325090085.png

 

If purchases were made in accordance with the signal of the graphic "neck line" breakthrough, it is recommended to hold the position.

 

Volatility: 67%

Trend: sideways

Fundamental background: weak

 

USD / CAD. Near Dividing Line

 

In the course of the next growth wave within boundaries of a wide upward channel quots have reached its upper border. This level is very close to multi-year highs set in March of this year. In the past few days, market participants could not determine their preferences, and, given the very weak news background today, it is doubtful that in the next few hours anything will be decided. At the same time, the technical picture leads to the conclusion, using indicators to determine the future trading direction.

 

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Receiving reversal signals, it is recommended to open short positions with the aim of achieving the opposite border of the channel. A Stop loss should be placed above the high, at 1.2780.

 

Volatility: 65%

Trend: bearish

Fundamental background: weak

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: GOLD

 

The order to sell from 1157.97 has activated on the fractal down level breakthrough. There are no additional signals to add yet. We continue to hold the short position and closely monitor changing market conditions.

 

http://www.hostpic.org/images/1507131854270094.png

 

Volatility: 27%

Trend: bearish

Fundamental background: weak

 

Market Outlook According to the Method of Bill Williams: USD/JPY

 

The order to buy from 122.87 has activated. There are no additional signals to add yet. Recall that a current upward momentum brings into question the past few weeks downward trend.

 

http://www.hostpic.org/images/1507131854480093.png

 

Volatility: 61%

Trend: bullish

Fundamental background: weak

 

Market Outlook According to the Method of Bill Williams: EUR/USD

 

We have fixed a small loss on the long position from 1.1127 at 1.1067, and we go into a wait state. According to System rules, we put pending breakthrough orders on the nearest fractal levels. Thus, we will start to buy at 1.1214 and sale at 1.0989.

 

http://www.hostpic.org/images/1507131855010085.png

 

Volatility: 75%

Trend: sideways

Fundamental background: moderate

 

Market Outlook According to the Method of Bill Williams: GBP/USD

 

We have entered the market to buy from 1.5551. There was no significant changes since that, but we should not forget that tomorrow are expected the important data on inflation in the United Kingdom.

 

http://www.hostpic.org/images/1507131855140094.png

 

Volatility: 34%

Trend: sideways

Fundamental background: weak

[Vistabrokers]

EUR / USD. Goodbye Head, Goodbye Shoulders

 

An agreement on Greece gave impetus to the growth of risky and potentially high-yielding assets such as the US dollar, which has completely broken the bright idea of ​​the possible potential realization of the reversal pattern «Head-n-Shoulders». But there is another side of the coin, which gives us a reason to quickly take advantage of the situation, as the oppositely directed movement, given broken expectations of investors, can be very strong. Thus, many forecasters from investment banks have already revised the scenario for the euro in favor of its further decline.

 

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It is recommended to open short positions on a breakthrough of the support level 1.0914.

 

Volatility: 72%

Trend: sideways

Fundamental background: moderate

 

USD / JPY. Ad Astra

 

Quotes have confidently passed the resistance line of the descending price channel of the last few weeks. The reason was the improvement in sentiment towards risk, which gives reason to expect a further strengthening of the US currency against the yen. Note that the current recovery is carried out with confidence and bulls "see" the support line from which they are buying very well. It should be noted that a lot will be decided today, after the USA reports on the pace of sales in the retail sector. Forecasts are quite positive.

 

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It is recommended to hold long positions (if any), and also to be ready to buy on the closest resistance breakthrough at 123.72 with a target of 125.84, where is the multi-year high for the pair.

 

Volatility: 64%

Trend: bullish

Fundamental background: moderate

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: GOLD

 

We continue to hold the short position from 1157.97. In recent 24 hours we have received signals to add to the position from the "red zone", as well as from the AC indicator - "zero crossing" and "2 red bars below zero." Meanwhile the market remains calm enough, but it is likely that players will activate soon, namely after today's retail sales data release in the United States.

 

http://www.hostpic.org/images/1507141820030100.png

 

Volatility: 25%

Trend: bearish

Fundamental background: moderate

 

Market Outlook According to the Method of Bill Williams: USD/JPY

 

We continue to hold the position to buy from 122.87, but the current value of the red Alligator's line (122.51) does not guarantee us a positive outcome. Thus, the market is consolidating after local highs breakthrough, but gives us the opportunity to add volume in accordance with System signals - we have "green zone" signals and "2 green bars above zero" on the AC.

 

http://www.hostpic.org/images/1507141820190094.png

 

Volatility: 64%

Trend: bullish

Fundamental background: moderate

 

Market Outlook According to the Method of Bill Williams: EUR/USD

 

After a positive decision of European authorities on Greece a downward trend in the single currency continues (at least if we take near-term), and this has involved us to the sale position after fractal down level breakthrough (1.0989). However, judging by the dynamics of the pair, the market has not completely determined with the direction, which means that we should be ready to respond to a possible reversal and the position closure.

 

http://www.hostpic.org/images/1507141820440090.png

 

Volatility: 70%

Trend: sideways

Fundamental background: moderate

 

Market Outlook According to the Method of Bill Williams: GBP/USD

 

The position to buy from 1.5551 is no longer relevant after one of the bars closure below the red Alligator's line. Nevertheless, market participants have made a new attempt to storm recent highs – a breakthrough of the fractal level at 1.5589.

 

http://www.hostpic.org/images/1507141820580087.png

 

Volatility: 40%

Trend: bullish

Fundamental background: strong

[Vistabrokers]

USD / CAD. Close to Final Frontier

 

http://www.hostpic.org/images/1507151318130097.png

 

An agreement on the Iranian nuclear program, as a result of which a serious participant of the hydrocarbons market (Iran) may return its power, casts doubt on the possibility of bears in USD / CAD to seize the initiative near six-year highs. Recall that Canada is one of the largest oil exporters, and the Canadian currency is often in phase with oil quotes. However, for this pair everything will be decided later today after the Bank of Canada will publish its decision on the interest rate. If the rate will be cut (it is the likely result, though not the basic one), the pair can "fly off into space."

 

It is recommended to wait for the BOC decision on the rate, being ready to enter on the 1.2334 level breakthrough.

 

Volatility: 67%

Trend: bullish

Fundamental background: strong

 

GBP / USD. Wind Is Turning

 

http://www.hostpic.org/images/1507151318290095.png

 

The British currency has shown its stuff yesterday. A spectacular growth during yesterday's trading was provided by the Bank of England Governor Mark Carney, who has proclaimed the approach of the rate hike. As a result it was a very strong growth in the pair, that was reinforced also with published yesterday weak data on the US retail sales. Thus, the market situation has changed dramatically, which requires a quick response to this context.

 

It is recommended to buy on corrections within the current short-term trend borders with the target in the area of ​​1.59, where is the next important resistance level.

 

Volatility: 36%

Trend: bullish

Fundamental background: moderate

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: GOLD

 

The order to sale from 1157.97 is still relevant, despite the fact that, amid recent events (remember, important agreements were reached on Greece and also Iran's nuclear program), investors have completely lost interest in the yellow metal, moving their attention to risky assets, and the stock market in particular. Thus, quotes are drifting in a narrow trading range, also we have a single signal to sell from the AO indicator (saucer). Stop trade, corresponding to the value of the red Alligator's line, is very close to the opening price.

 

http://www.hostpic.org/images/1507151811500089.png

 

Volatility: 26%

Trend: bearish

Fundamental background: moderate

 

 

 

Market Outlook According to the Method of Bill Williams: USD/JPY

 

We continue to hold the long position from 122.87, with no additional signals to add volume. The red Alligator's line has moved to 122.98, formally giving us the reason to expect a final positive result.

 

http://www.hostpic.org/images/1507151813380096.png

 

Volatility: 62%

Trend: bullish

Fundamental background: moderate

 

 

 

Market Outlook According to the Method of Bill Williams: EUR/USD

 

Despite the sharp pullback in prices to the area of Alligator's teeth after yesterday's weak retail sales data (1.0989) in the USA, the position to sale from 1.0989 is still in the market. Among additional signals for sale we have "saucer" on the AO, "zero crossing" on AC, as well as "red zone" signals.

 

http://www.hostpic.org/images/1507151813490084.png

 

Volatility: 63%

Trend: sideways

Fundamental background: moderate

 

 

Market Outlook According to the Method of Bill Williams: GBP/USD

 

We continue to hold the position to buy from 1.5589, to which we can already add extra volume after receiving "green zone" signals. Today, during the US trading session it is expected a number of important statistical publications in the United States, so it is advisable to monitor the market.

 

http://www.hostpic.org/images/1507151814010089.png

 

Volatility: 38%

Trend: bullish

Fundamental background: moderate

[Vistabrokers]

USD / CAD: Let it Roll!

 

As Vista Brokers analytics had expected, the pair flew into space, or to be more precise, to the new six-year highs, after the Bank of Canada cut the rate yesterday. This is the second reduction of this year, which reflects concerns about the state of the national export-oriented economy in connection with the fall in oil prices. Thus, quotes have left graphic borders of the rising channel, which can now be adjusted with account of momentum acceleration.

 

http://www.hostpic.org/images/1507161316220099.png

 

It is recommended to hold long positions, carried out after 1.2334 breakthrough, adding on corrective declines.

 

Volatility: 69%

Trend: bullish

Fundamental background: moderate

 

EUR / USD. What Will Draghi Say?

 

Yesterday's speech of Janet Yellen was rather aggressive, that has led to a significant strengthening of the US dollar. The Fed's head has marked the inevitability of this year rate hike, remained rather pleased with the state of the national economy, and mentioned the almost full employment. Today's meeting of the ECB may "finish" the euro if Mario Draghi, in turn, denotes the probability of the quantitative easing program expanding or the probability of its deadline extension.

 

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It is recommended to wait for the market reaction to Draghi's speech before considering opening positions. The path of least resistance for the euro goes down, and in the case of quotes consolidation below the nearest support at 1.0915 we may consider short positions opening with the target in the area of 1.0820, where is the next important level.

 

Volatility: 56%

Trend: bearish

Fundamental background: strong

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: GOLD

 

The risk appetite rise in global financial markets has pushed gold prices to the lowest levels for the past few months. It gave a serious reason to expect a positive result on the existing short position from 1159.97. Among additional signals we have "saucer" on the AO, "zero-crossing" on the AC, as well as "red zone" signals. It is worth noting that there was also a signal "5 red bars in a row," which means on the one hand, the ability to move a stop order to the level of the last red bar high and on the other — we must stop to add volume in accordance with "red zone" signals.

 

http://www.hostpic.org/images/1507161854400082.png

 

Volatility: 26%

Trend: bearish

Fundamental background: moderate

 

Market Outlook According to the Method of Bill Williams: USD/JPY

 

The order to buy from 122.87 remains relevant because the pair continues to grow slowly but surely. The value of the Alligator's teeth, and the value of our conditional stop order as well, were moved to the level of 123.26. Among additional signals we see "saucer" on the AO, as well as "zero crossing" and "2 green bars above zero" on the AC. Also, we have the same directed fractal as another signal to add.

 

http://www.hostpic.org/images/1507161859290104.png

 

Volatility: 72%

Trend: bullish

Fundamental background: moderate

 

Market Outlook According to the Method of Bill Williams: EUR/USD

 

With the resumption of the downward trend the profit on the current short position has increased over the past day significantly and is already about a figure. Today we expect the press conference of the ECB head Mario Draghi after the meeting of the European CB on the monetary policy, so we must monitor all received System signals.

 

http://www.hostpic.org/images/1507161859430098.png

 

Volatility: 54%

Trend: sideways

Fundamental background: strong

 

Market Outlook According to the Method of Bill Williams: GBP/USD

 

The long position from 1.5589 will be closed soon, as the current bar has crossed the red Alligator's line. If it closes at current levels, the result of the transaction will need to be fixed quickly.

 

http://www.hostpic.org/images/1507161859590084.png

 

Volatility: 42%

Trend: bullish

Fundamental background: moderate

[Vistabrokers]

GOLD. Generosity without Example

 

During the last week the US dollar has significantly strengthened its position against the European currency. Thus, investors preferred to increase purchases of the currency amid fairly aggressive statements of Fed's head Yellen and upbeat statistics from the USA. EUR/USD has reached the important support level (3 months low), and here can determine a vector of Trading for coming days and even weeks. Will the downward movement accelerate?

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Edited July 20, 2015 by Vistabrokers

[Vistabrokers]

EUR / USD. Bears Are Waiting for Motive

 

The important support level we have mentioned in our previous review of (3-month low) stood out on Monday.

 

http://www.hostpic.org/images/1507211308360089.png

 

Nevertheless, consolidation can be explained by purely technical factors, so we must not relax yet. Discover more at Technical Analysis of Vista Brokers

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GOLD. Things are Moving

 

Gold has rebounded from the downtrend resistance line.

 

http://www.hostpic.org/images/1507211457370089.png

 

Are there any reasons to buy now? And what do trading experts recommend to do? Find out at Technical Analysis of Vista Brokers

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: GOLD

 

The position to sale from 1159.97 remains relevant for XAU/USD.

 

http://www.hostpic.org/images/1507211845470096.png

 

We should be prepared for a possible emergency profit fixing on this position. Do you want to know why? Then you should go to Vista Brokers Technical Analysis.

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Market Outlook According to the Method of Bill Williams: USD / JPY

 

USD/JPY continues to increase slightly, without any serious fluctuations.

 

http://www.hostpic.org/images/1507211846020096.png

 

We have the long position from 122.87 and some additional trading signals. Get more information at Vista Brokers Technical Analysis.

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: EUR / USD

 

Our trading position in EUR/USD may be closed soon, so we should be prepared.

 

http://www.hostpic.org/images/1507211846210091.png

 

Let's find out how to get profit in this situation. Discover it at Technical Analysis of Vista Brokers.

[Vistabrokers]

EUR / USD. Support Stood out

 

Bears in EUR/USD didn't overcome the support level of 1.0817, which has led to massive profit-taking.

 

http://www.hostpic.org/images/1507221226120090.png

 

Vista Brokers analysts have a trading strategy for this situation. Find out more at Technical Analysis Section on the website.

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GBP / USD. Situation is Heating up

 

It seems that GPB has started to leave the calm state prior to today's publication of BOE meeting minutes.

 

http://www.hostpic.org/images/1507221226340082.png

 

The main rate was kept at 0.5% for a long time, but this may soon change. Be kept up-to-date on the situation with our Technical Analysis.

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: USD / JPY

 

 

What influence yesterday's collapse in risky assets' markets had on USD/JPY?

 

 

http://www.hostpic.org/images/1507221807390096.png

 

 

It has triggered profit-taking on our existing trading position and we have already opened the new one. Wind is changing fast, so be ready! Discover more at Technical Analysis of Vista Brokers.

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: EUR / USD

 

We have already fixed profit on our short position in EUR/USD.

 

http://www.hostpic.org/images/1507221812280094.png

 

This pair is still influenced much with fundamental factors, but the main advantage of Bill Williams system is that we do not pay attention to them – only technical analysis shows us the way! Discover more at Technical Analysis of Vista Brokers

[Vistabrokers]

GOLD. Everything Is Proceeding According to Plan

 

Yesterday XAU/USD has closed in the red zone again.

 

http://www.hostpic.org/images/1507231230530092.png

 

Why financial flows are now rushed high-risky assets? And what Vista Brokers analysts recommend to do now? Find out at our website.

[Vistabrokers]

USD / CAD. Bulls Are Preparing for Breakthrough

 

A potential upward trend in USD/CAD does not cause any doubts now.

 

http://www.hostpic.org/images/1507231233040075.png

 

But bulls have to overcome the important resistance level for further movement. When it would happen? Vista Brokers analysts have their opinion. Discover it at the website.

[Vistabrokers]

GBP / USD. Bulls Drop back

 

Bears did not have enough strength to overcome an important resistance level after the weak retail sales data in the UK.

 

http://www.vistabrokers.com/vb_ws_dc/xshow_img.php,qid=3470,atype=ta.pagespeed.ic.rDsE7QC26w.png

 

Now market players have taken a time-out before deciding what to do. Discover more at Technical Analysis of Vista Brokers

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USD / CAD Is Waiting for Momentum

 

USD/CAD quotes are currently close to the multi-year high at 1.3063 but bulls do not dare to break it yet.

 

http://www.vistabrokers.com/vb_ws_dc/xshow_img.php,qid=3472,atype=ta.pagespeed.ic.NYhypF9QBM.png

 

Perhaps, the situation will change soon, Discover more at Technical Analysis of Vista brokers.

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Market Outlook According to the Method of Bill Williams: GOLD

 

Gold continues to move in the downward trend and we still have a short position in the market.

 

http://www.hostpic.org/images/1507241911300096.png

 

Bill Williams system rules tell us where to put a conditional stop-order. Read more at Technical Analysis of Vista Brokers

[Vistabrokers]

Market Outlook According to the Method of Bill Williams: USD / JPY

 

USD/JPY has passed the red Alligator's line so we have closed the position and put some pending orders.

 

http://www.hostpic.org/images/1507241921080090.png

 

Traders are always up in arms with a Bill Williams system. Discover more at Technical Analysis of Vista Brokers