superforex discussion thread

Oil (CL/WTI): Short Review & Forecast

The upward trend is losing its intensity but continues. The deals to BUY seem the most effective in the short term.
The trade conflict between the US and China is gaining momentum, which negatively affects the cost of oil.
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GBP/USD Technical Analysis

The pair is directed upwards.
On our chart we see that the price has updated the maximum values since July this year and is directed upwards. The trend indicator RSI shows an upward movement.
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No Hope for Brexit

The latest round of negotiations brought no results.
This week brought difficult news for the United Kingdom. British Prime Minister Theresa May spent the past few weeks in a heavy battle with her government, trying to forge a plan for a Brexit deal, and after some positive remarks from the chief EU negotiator Michel Barnier several weeks ago, the British had hope that they would be close to securing a deal.
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EUR/USD Technical Analysis & Daily Chart

We can buy the pair, as it shows a bullishness.
Today we would take a look at the EUR/USD currency pair. Though we have seen ups and downs in this instrument lately, the general price movement in September has been upwards and continues to be so.
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EUR/USD Technical Analysis & Daily Chart

We need to sell the pair today, as the trend has turned bearish.
Today we would take a look at the EUR/USD currency pair. Despite a drop in the dollar two weeks ago, recently the American currency strengthened again and pushed the pair towards bearishness.
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EUR/SGD: Fundamental Review & Forecast

The EUR is weakening against most currencies due to the continued economic recession an high budget deficit in Italy. The deals to Sell seem the most effective in the medium term.
The uptrend gradually transformed into a weak downtrend, which was formed under the influence of the economic slowdown in the EU and the ECB's soft monetary policy.
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USD / JPY Technical analysis

The uptrend continues
At the moment, the monetary policy of the Fed and the Bank of Japan for the near future is clear and we see a formed uptrend on the chart.
The dollar rally continues, US stocks are rising and indices are at historic highs. Japanese stocks have been falling for the past three days, but the state regulator is doing its function and the level of foreign investments is growing.
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International Trade: Where We Stand

A quick look at the US's trade relations with countries other than China.
It has been no secret that the trade relations between China and the United States have been getting progressively worse with each passing month this year. Nevertheless, it is important to also note that Donald Trump still has his aim up at other trading partners of the US, such as Europe and Japan.
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EUR/USD Technical Analysis & Daily Chart

The strong bearish trend offers us a chance to sell the pair.
Today we would take a look at the EUR/USD currency pair. The dollar continues to steadily push against the euro, taking the single currency further down each day.
With no expected changes in the dovish policy of the European Central Bank and not that many events to look forward to within the eurozone, it is expected that the euro will continue to be susceptible to the movements of other currencies.
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GBP/USD Technical Analysis

The pair is declining.
In our pair we see alternating descending peaks, which is a sign of a downward trend. In general, if a pair wins back something within five candles, then it will probably lose positions with the next candle.
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AUD/CAD: Fundamental Review & Forecast

The AUD continues to decrease against the CAD. The deals on the trend are still effective in the short term.
The rates continue within the downtrend, which has lasted for more than a year. As a result, the quotes are steadily approaching the psychological level of 0.911 CAD, below which the Australian dollar has not fallen in this decade.
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GBP / USD Technical analysis

The pair went into correction
The dollar index opens with a gap in the negative zone for the 3rd day in a row and demonstrates a downward movement.
Despite positive assessments by Fed Chairman Jerome Powell, investors decided it was time to move on to risky assets.
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Saudi Arabia Facing Backlash

The disappearance of a prominent Saudi journalist is worrying the world.
A new scandal is brewing around Saudi Arabia this week. The country has mostly been quiet, except for when OPEC meetings were concerned, but it made the headlines for a much darker reason recently: a Saudi journalist, Jamal Khashoggi, disappeared in Turkey and is presumed dead.
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