Key To Markets - Support

Brent: Retracement respects the fib reactions

1. U.S drillers added more rigs last week
2. OPEC meeting capped the near-term price action
3. Watch the space between 61.90-61.60

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURUSD: Expansion to continue

1. ECB normalisation should provide further support to EURUSD
2. Our model projecting EURUSD likely to extend the rally in 2018 aswell
3. Weekly momentum cast on US tax reform

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

EURGBP: Likely to change the direction

1. Progress on Brexit negotiations and Irish border supporting the GBP
2. GBP shorts have begun to unfold, accelerating volatility
3. EURGBP support zone remains between 0.8740-0.8690

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts.

Commodity currencies FX forecast

1. BoC rate decision (Wed)
2. AUDCAD has a parallel support finds at 0.9610 and 0.9595
3. NZDCAD potential support finds at 0.8600 and 0.8500

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

Wednesday morning FX thoughts. Chart of the day: AUDCAD

1. AUDUSD and the NZDUSD rallied
2. Aussie GDP for Sep quarter (11.30AEDT)
3. Boc Rate statement (10.00 ET)

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

CAD technical overview

1. USDCAD: A daily close below 1.2650 could confirm the distribution pattern
2. EURCAD: strength likely to fade while below 1.5150
3. AUDCAD: parallel support finds at 0.9610 and 0.9595
4. NZDCAD: 0.8600 and 0.8500 are offering potential support

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

Thursday morning FX thoughts. Charts of the day AUDUSD and EURUSD.

1. Asia: Australia Trade Balance
2. Europe: Germany IP, EA Revised GDP q/q
3. US: Unemployment claims
4. Bitcoin climbs above $13k

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

AUDUSD: Long term ascending trendline in focus

1. After July 2008 the cross fell for consecutive four and five months
2. Before 2008, the cross consecutive nine and seven months
3. Near-term capped between 0.7625-0.7640

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

Friday FX thoughts, NFP in focus. USDCAD back to supply zone

1. AUDUSD re-tested the long-term ascend trendline
2. NZDUSD h4 chart appears similar to the AUDUSD h4 chart
3. China Nov trade data in focus

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

FX technical overview ahead of NFP

1. Today’s job report outcome, unlike to change the Fed rate path.
2. Our main focus remains on average hourly earnings
3. Prior to Gold sell-off (Thu), Silver has given a break down on Tuesday

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

Weekly Preview (Dec11-15)

1. US Fed, SNB, BoE and ECB meet to decide on monetary policy
2. We expect only the Fed is expected to hike this week
3. High volatility expected than usual

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

EURNZD: Sell idea

1. Base triangle
2. Rectangle
3. Support finds at 50.0 fib reaction

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

NZDUSD: Spikes paused at the neckline

1. NZD reacted wildly rose nearly 0.80%
2. Double bottom between 0.6822-0.6815
3. Developing an inverse H&S pattern

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

EURUSD: Pivotal seems at 1.1800

1. ECB’s monetary policy meeting in focus
2. Scope to develop an inverse H&S pattern

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

Brent: Rectangle break needed

1. Brent oil jumped to a two-year high of $64.50
2. IEA and OPEC to publish monthly oil market reports
3. Spotted with a bullish pattern

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

EURGBP: Stalls at resistance zone

1. Dec 14, BoE’s Monetary policy summary
2. European Council meeting (Dec 14-15)
3. Take profit action required

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

EURUSD: Fails at pivotal

1. Dec 14, ECB’s monetary policy meeting
2. December flash PMIs will release this Thursday
3. Scope to develop an inverse H&S pattern

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

Wednesday morning FX thoughts. Chart of the day AUDNZD

1. Natural gas weekly chart= Gold daily chart
2. EURNZD: Trading tad below 50MA (sell idea targets met)
3. AUDNZD: Re-tested 200EA twice

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

AUDNZD: Trade idea and medium term overview

1. Potential support zone finds between 1.1850-1.1820
2. The cross has retraced nearly 5%
3. Buying trade available

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

It is important to always keep in mind the risks involved in trading with leveraged instruments.

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts

EURAUD: likely to hold the parallel support zone.

1. Potential supports finds between 1.5485 and 1.5460
2. The ABC pattern pointing 1.5400

Read the article on our Key To Markets Blog

Attached Image (click to enlarge)

Read the article on our Key To Markets Blog

What is your Technical View?

Do you have a different idea? Please leave us a comment and get an answer from our professional analysts