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Weeklyoutlook

Weekly Forex Forecast (September 18 – 22, 2017)With the way things are currently progressing for the EURUSD, we could see a third retest of the 1.1875 handle as early as this week. Buyers will likely make another stand especially considering channel support which lies just below 1.1875. However, I’m not interested in buying here. I remain short based on the failed attempt to break 1.2040 on September 8th. If sellers do secure a daily close (5 pm EST) below the confluence of support at 1.1875, I will look to add to the position. The only thing that would convince me that buyers are not tiring would be a daily close above the 2012 low at 1.2040. Until that time, I will maintain the idea that bullish momentum is slowing and a pullback is in order. A daily close below the 1.1875 area would expose the August low at 1.1670. A close below that would pave the way for a move toward 1.1490 and perhaps 1.1300.
by Daily-Price-Action
NZD/USD weekly outlook 10-04-2017 ---- 14-04-2017 (AP)hey fellas, 1. Technical Analysis ~The New Zealand Dollar may be preparing to re-accelerate downward for a challenge of lows established in early March against its US counterpart. ~Prices appear to have cleared the bottom of their near-term digestion range, paving the way for resumption of the downtrend begun in early February. ~From here, a move below the 0.6890 area opens the door for a test of the 0.6847 zone. ~Alternatively, a reversal above the 0.6995 region exposes 0.7076 & 0.7133 area./ 2. Fundamental Analysis ~14-april-2017 (Fiday) 12:30pm(Ist) retail sales & CPI of US. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Altaf Palwala
Long
by GrowingForex
EURAUD - Potential LONG - Week Commencing 29th August 2016EURAUD has been an interesting pair to watch over the past couple weeks. Price has declined breaking the weekly bullish TL, tested major support as well as bouncing off 200-day moving average on weekly time frame. Failing to close below these is good indication for a bull run. Recently, we’ve seen the AUSSIE DOLLAR decline, as China’s manufacturing news has been disappointing. This has enabled the EURO to gain momentum and start a bull run. 2 weeks ago price re-entered the weekly bullish TL and made new daily highs.. Last week price retested the recently broken bearish TL and ended the day as a strong bullish Doji. In the coming week, china are due to release manufacturing data which is forecasted to be disappointing which could act as a catalyst and allow the EURO to continue its bull run. If we go down to the hourly time frames we see that price has made lower highs and lower lows. Therefore, we will not enter our long trade until we see a reversal with higher highs to confirm the bull run has started. We first expect price to test the red resistance zone. Once this is broken price will continue up to test the weekly bearish TL at 1.58300.
Long
by AlexanderPitt
AUDCAD possibly about to break out to UpsideAfter a short breakout has failed on the higher timeframes in Sep 2015, an immediate reversal occured and this FX pair went all the way from 0,92 to 1,02. Ever since it hit that high it retraced, but never went as low as the previous low in Sep 2015. A possible trend continuation could follow if the indicated fractal buy signal is hit. It would mean the break of important resistance and therefore following the move further to the upside is a possiblity.
by theTrendtradr