KeytoMarkets

KeytoMarkets

The trade data from China will be watching closely. CHF and JPY marginally up 0.15% against most traded currencies GBP marginally dn 0.15% each against CHF and JPY in Asia Bitcoin and #Ripple dn nearly 4.00% each USDCNH: Trading <6.75 mark, dn 0.30% Support : 6.7370, low so far 6.7387. If fails, watch out for 200MA 6.7200. BUT the RSI is incresingly oversold at...

KeytoMarkets Updated 

Current range: 1.2815-1.2700. Above 1.2815 could rally to 1.2870/1.2900 while selling pressure remains until trades below 1.2815. Flip side below 1.2700 could retrace to 1.2615/1.2600 levels. 

KeytoMarkets

The cross traced out a near-term bottom near 1.1185 in Sep 2018 -Jan 2019 via the formation of a double bottom pattern. While holding 1.1200/1.1185 watch out for 1.1275, 1.1310 and 1.1340 in an extension. The flip side, if close below the double bottom could retrace further towards 1.1100-1.1050. On medium-term perspective, dip buying between 1.1100-1.1000 using...

KeytoMarkets Updated 

Traced out a triple formation, seems like Most of the danger is behind USDCAD,EURAUD and EURCAD RSI and the oscillator are negative, overall the settings are NEGATIVE. twitter.com

KeytoMarkets

Until 1.2815 is resistance, watch out for 1.2700, cmp 1.2780. Flip side >1.2815 could rally further to 1.2880/1.2900

KeytoMarkets Updated 

bitcoin >7.00%, trading >4k Ripple >4.00% bitcoin Emerging of Bullish H&S pattern and series of higher RSI hints for a short-term bounce on cards Tgt 4400/4500$ ,4800$ and 5000-5500$$. Wait for the breakout #cryptocurrency

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GBPNZD strengthened overnight and extend the gains on Thursday Asia session. Protracted buying triggered a break of resistance 1.8500 and the neckline at 1.8600 confirming the upside sentiment through the inverse H&S pattern. The pattern target is aiming at 1.8880, note that next resistance seems at 1.8750/1.8770 above here 1.8880 could possible. The daily...

KeytoMarkets

Held significant resistance Reap for a retracement Brexit concerns intensified The UK economy and the bond market re surrounded with the Brexit risk and in 1Q 2019 looks like it could be more challenging. The main theme for this week is the BOE meeting, but the underlying Brexit uncertainty theme remains the key driver for EURGBP. The technical picture for...

KeytoMarkets

A-B-C pattern and inverse H&S patterns aiming higher to 5.55 initially

KeytoMarkets

EZ final CPI estimate for November and Fed’s tone and updated economic projections are the critical drivers for EURUSD. Intraday pivotal: 1.1260, so far held The euro bulls appear more anxious about the euro after the last week’s poor EA PMI surveys, especially French December manufacturing PMI reading fell at 49.3 from 54.2 in November. What’s on today? We are...

KeytoMarkets

The technical landscape has not changed since mid- August. We still believe 1.1300 is the critical level to focus ahead of the US data and event risk. EURUSD should lead to the downside with a move below 1.1300 (weekly closing) to its last leg towards 1.1200/1.1170 and 1.1100. Whereas, the risk surrounding the 200MA(weekly) can still be gauged as neutral. The...

KeytoMarkets Updated 

Will, it changes to top gear? Short-term rebound, but needs to regain >1215$ to strengthen further. In this case, 1230.00$/1235.00$ could possible (initial target) Support 1192$-1187 and 1180$

KeytoMarkets

USDJPY: Intraday pivotal still finds between 111.80 it’s 50MA and 111.65 while overnight it has managed to hold the 50MA and close above. The price action lost both 14 and 20MAs, now 50MA in focus finds at 111.80/111.65. As of now this morning the price made a low at 112.00 and currently trading at 112.20. Resistances seems to be at 112.50 and 112.80. Above these...

KeytoMarkets Updated 

Gold: The outlook remains neutral; tight range witness in the hourly chart, daily indicators are still offering a mixed view, but the RSI study has continued to pick up. Under these conditions, the precious metal can be expected to break out above the higher end of the range 1192.00$-1180.00$. In this case, it could rally to 1196.00$ and 1199.00$ in the first...

KeytoMarkets

The lower low and lower high pattern drag the pair to sub-112 levels. The price action lost both 14 and 20MAs, now 50MA in focus finds at 111.80. As of now this morning the price made a low at 111.95. We believe today’s pivotal is 111.80. Flipside resistance seems to be at 112.80, 113.20 and 113.50. Any shift in sentiment could change the short-term term to a...

KeytoMarkets

EURUSD pause at the first resistance 1.1550, upward bias remains Copper traced out a bearish H&S pattern (H4), but still above the neckline GBPAUD & NOKSEK settle above the bullish breakout EURCHF pause at the parallel resistance 1.1455 EURJPY holds 100MA, so far GBPCHF pause at 200MA USDJPY lost 20MA, 50MA in focus USDCAD fail to breach 1.3080 Sep 27 high AUDUSD...

KeytoMarkets

Look for 1.1150-1.1200+ with support finds at 1.0950 and 1.0800. MT support finds at 1.0675

KeytoMarkets

Italian assets are at a premium now, 10-year Italian yields jump more than 3.5% for 1st time since Feb2014 as the market is feeling the Italian budget is in off track. Besides, U.S 10-year Treasury yields closed at 3.23% on Friday. Technically speaking, U.S and Italy 10-year Treasury Yield Cure rates formed a double bottom and produced a bullish break through the...