december

Fundamentals The major event of this week was a release of PPI numbers, of course. But it doesn't make the Fed's life easier, and I would say the headache even is becoming stronger. As Fed was thinking last two weeks on what to do next - either to keep tightening or to take a pause. PPI numbers...

Good morning, Gold shows weak and heavy intraday performance, forming few bearish patterns, as well. But the major source of uncertainty is data release - PPI today and CPI+Fed next week. With this circumstances, although short entry is possible, we prefer to wait a bit:

Good morning, We suggest that reversal stands somewhere near already, but first EUR supposedly will try to complete daily XOP target around 1.0632. Thus, bulls should think about position management - result booking, stop replacement etc., why bears are still in "Stand by" mode.

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. Overall there is strength in the AUD, with minor strength in the EUR and NZD...

Good morning, BTC performance looks weak, and significantly weaker than Gold and EUR. Thus, CPI, PPI and Fed could theoretically provide a moment boost, but poor fundamental background dominates. Thus, we do not consider long positions. Bears could watch for breakout of 16.5-16.6K support level...

Good morning, Gold still keeps bearish context valid, but price is coming to invalidation 1792 resistance point. Bulls could keep an eye on upside breakout of this level. Due to bullish background of EUR, we have doubts on taking the short position right now.

Good morning, As longer EUR stands in tight range as more bullish signs it gets. We suspect that some upside swing still could happen and do not consider yet taking of a new bearish position:

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Good morning, Picture barely has changed. The pre-Xmas time, CPI and the Fed release make people to not take any active steps. We suggest that bears have more reasons to act now, and it is room as for immediate position taking as for more conservative approach:

Good morning, Yesterday we've got the bearish grabber on daily EUR that makes bears' life a bit simpler. We suspect that major monthly retracement is started, but market is a bit lazy because of coming CPI and Fed meeting next week. Pre-Christmas time also reduces activity.

Good morning, Gold has shown sharp downside reversal yesterday, forming few bearish patterns. Still, we think that upside action to 1823$ area could happen, 3-Drive "Sell" pattern is still possible. Thus, we prefer to wait for a bit more clarity:

Good morning, EUR has shown downside pullback from predefined 1.0575-1.0595 area. We hope that this is starting point of monthly B&B "Sell" pattern, but suggest that we need to wait a bit more to get clear bearish reversal patterns on lower time frames. The reversal background is not done yet:

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Good morning, Our new monthly BTC fundamental report BTC is following to common tendency. Since we suggest that as EUR as Gold could climb a bit more, BTC is also could try to reach higher standing targets. Still, we mostly consider this as a chance to sell rather than good bullish setup:

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Good morning, Gold has completed our 1800 target fast. Although we will be watching for reversal patterns around 1800-1825$ area, we still think that gold could touch 1823$ butterfly target as well, just because of momentum:

Fundamentals Gold market has shown impressive rally this week, stronger than currency markets and stock market. Hopefully, there is something else on the back, beyond just US Dollar weakness. In general we have friendly background for changing of investors' mind and take a fresh look at the...

Good morning, Despite intraday pullback on Friday, we still think that EUR is aimed on 1.0575-1.0595 area before major pullback could start:

Fundamentals This week once again we have big bulk of different information. Today we take a look more closely on recent J. Powell statement, EU inflation report and recent NFP report. While scandal around Twitter publication that we've covered in our Telegram channel and Chinese economy...

Good morning, Gold has reached our 1800 target surprisingly fast. As it is not at overbought, and if NFP will be more or less positive - we consider 1823$ level as next short term target: