Forex News and Analysis That Make the Difference
Interval: Daily Last year Heinz had realized a good profit after the sales went up to $11.6 billion. Now they are looking overseas for growth and are betting on the emerging markets, expecting a quarter of the company's sales this year to … [Continue reading]
Interval: Daily Looking at a daily chart, we can see a straight up move that started at the end of January. The price went through the 81.42 key level and after that retested it. Now it is on an open road to a Bearish Bat PRZ that is situated … [Continue reading]
Interval: H1 Getting back to an older analysis of the EURUSD we will observe that the price got really close to a very important area formed from a 50% retrace and 1.3 support level. Looking back on a lower time frame, H1 , for a fine … [Continue reading]
Interval: Daily The Americans got back their optimism in the past weeks, we can see this in the uptrend on the Dow Jones Industrial, one of the most important indexes from United States. This growth is also sustained by the economic data from … [Continue reading]
Interval: Daily USDCAD has broken 1.0000 level in the first half of the month and after that the chart was drawn only straight up to 1.035, with no important corrective moves. This should attract the attention and investor must be more … [Continue reading]
Interval: Daily The uptrend was invalidated after the price has broken its line. The fact that it got that fast back under 1.30 level means that the dollar is viewed again as a safe heaven and might go even lower during the next months, … [Continue reading]
Interval: Daily In the last period of time my general feeling regarding EURUSD is that it respects the patterns, as you can see the up trend has played in perfect with the trend line, in the same time with three lines of rejection (depending … [Continue reading]
Interval: H4 Considering a parallel channel where the USDCAD has rejected from the trend line forming a consolidation under the 1.0000 mark, we can consider as target the upper line supplied by the channel. Also the macroeconomic indication … [Continue reading]
Interval: Daiiy The Starbucks stock displays on the chart a harmonic pattern in the form of a Bearish Bat. Coming from PRZ there is a chance a rejection could take place and go back to 51.27. On 20 timeframes the average volume is going down … [Continue reading]
Interval:H4 After a false breakout over the Fibonacci cluster zone, the price fell like a rock to the target level where it met the trend line. A rejection might just be a false rally back to 1.3670-90 zone and after that the price might … [Continue reading]
Interval: Weekly After taking a pretty big series of hits last week, the biggest online retailer Amazon has formed a Bearish Engulfing in the immediate zone of the superior line of the channel. This could be a good signal for a correction … [Continue reading]
Interval: Weekly From the chart and a wider fundamental analysis i agree with the fact that the down trend looks to be over. As i said in a recent CHF/JPY post the need for depreciation is obvious but unfortunately the new economical politics … [Continue reading]
