EURUSD – Up Wave Analysis During the previous trading day, the corrective wave (b) extended to the higher side but should not go beyond 1.1978 where we’ll be looking to sell the impulsive wave (c) with a first target at 1.1658. Overally, this pair is i…
USDJPY – Down Technical Observation: Earlier this week, there was an attempt break below the lower trend line, but the price could not sustain this break below. Instead, the price rallied even higher and ended up above this trend line, this is a bullis…
EURUSD – Up Technical Observation: Recently, a false breakout was seen when price broke out above the resistance zone 1.1923 but closed below it just before the end of the trading day. Unless the price breaks out again above 1.1923 with a big green c…
GBPUSD – Flat Technical Observation: Recently, after breaking out above 1.3016, Gbp sent its tail towards this line but got rejected to the upper side. This was the first retracement to this line, I’m patiently waiting for a second retracement to thi…
Forecast for the week September 4th through September 8th:
During the first week of September, I expect a gold price decline against the backdrop of the strengthening of the US dollar. There is a strong reverse correlation between price quotat…
European Central Bank (ECB) conducts monthly press conferences. Market participants always wait for this event with great interest because it frequently causes high volatility.
This month ECB press conference will be held on September 7th at 12.30 noon GMT. Leading FreshForex analyst Catherine Main tells what to expect from the conference:
“Now Eurozone is experiencing rapid inflation rate growth, for this reason Mario Draghi may make several statements regarding reversal of Quantitative Easing (QE) program. Trading signals for Thursday: buy EUR/USD, EUR/JPY, EUR/GBP.”
FreshForex experts provide reliable forecasts. Monitor closely the situation on market together with FreshForecasts and earn on the key economic events!
FreshForex always keeps up to date and brings in the latest technologies and the most popular services!
Increased number of timeframes, graphical objects and technical indicators;
New types of pending orders: buy/sell stop limit;
Depth of the market option: information on history of quotes and charts;
Powerful strategy tester;
MQL5 Master that allows to quickly generate trading robot code;
Built-in economic calendar.
Besides, with MT5 clients still have the opportunity to use locking positions option.
Download MetaTrader 5 right away and estimate extended and improved functionality of the new generation platform!
Gold Weekly Review
Please note that due to Labor Day celebrations in USA on September 4th, 2017 trading hours for some instruments will be changed.
CFD on precious metals
Early close at 8 p.m. EEST
CFD on energy commodities
Early close at 7:30 p.m. EEST
CFD on indexes #DAX30, #ESTX50, #CAC40, #FTSE100, #HSI, #ASX, #IBEX35
CFD on indexes #DJI30, #NIKKEI, #SP500, #NQ100
Early close at 8 p.m. EEST
CFD on shares NYSE, NASDAQ, including TF_ITBIZ16, TF_WWWBIZ16
CFD on shares MICEX, including TF_RUSBIZ16
*EEST – Eastern European Summer Time corresponding to UTC+3 (company’s trading server time zone).
Starting from September 5th, 2017 trading returns to regular trading hours.
Please consider this information when planning the trade on financial markets.
Company reserves the right to suspend the trades if the instrument liquidity decreases.