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  1. #1

    Adamant Finance - Daily Analysis

    Technical Outlook July 27, 2016


    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD fluctuated in both directions yesterday and there were almost no changes by the end of the session. The market now is waiting for the main event of the week (FOMC meetings), which results are to be published today. We expect EUR/USD to trade within a limited range until this moment.

    There is the downtrend on the Weekly as the price is below the MA55. EUR/USD may continue to decline this week if FOMC members make some hints on the Interest rates rise this year.

    AS for the Hourly chart, there is no trend here as the MA-channel is horizontal and the price is close to the MA55. It is better to avoid trading today.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD continues to trade within a tight range waiting for the results of FOMC members decision. We expected such a dynamics. Today we expect EUR/USD to fluctuate within a triangle on the Hourly chart before the results of the FOMC meetings are published.

    There is the downtrend on the Weekly chart as the price is below the MA55. WE expect the currency pair to continue downside tendency this week.

    As for the Hourly chart, there is no trend here as the MA-channel is horizontal and the price is close to the MA55. We expect GBP/USD to fluctuate within a tight range today. However, prepare for a probable rally this after the results of FOMC meetings are published.



    AUDUSD

    Adamant Finance - Daily Analysis



    There were almost no changes in AUD/USD yesterday as the ascending correction went on. Australian CPI data was published today in the morning. You may see the impact of this statistics on the chart. Figures were close to the forecast. Today we advise to pay attention to FOMC decisions and forecasts.

    There is the uptrend on the Weekly chart as the price is above the MA55. AUD/USD declined and there is a probability that the downtrend may continue this week.

    As for the Hourly chart, there is the uptrend here as the MA-channel looks upwards and the price is above the MA55. It is better to stay off the market today.



    USDCHF

    Adamant Finance - Daily Analysis



    We have drawn another big triangle as USD/CHF is trading within. The currency pair made significant growth yesterday, marking new highs from June, 1st. There was no change in trend yesterday as the market waits for the FOMC meetings today. The situation may develop another way after the end of the event. We recommend staying off the market at the moment.

    There is the uptrend on the Weekly chart as the price is above the MA55. We expect the ascending tendency to continue this week.

    As for the Hourly chart, there is the uptrend here as well as the MA-channel looks upwards and the price is above the MA55. It is better to avoid trading today.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook July 27, 2016


    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD continues to trade within a range according to our expectations. Lack of dynamics is due to the fact that the market waits for the results of the FOMC meeting today. We do not give any recommendations as situation may develop in any way.

    There is the uptrend on the Weekly chart as the price is above the MA55. XAU/USD decline goes on and everything depends on FOMC members decisions this week.

    There is no trend on the Hourly chart as the MA-channel is horizontal and the price is close to the MA55. We advise to avoid trading today as we expect no significant fluctuations until the end of the FOMC meetings.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver continues to trade within a tight range awaiting for the results of the FOMC meetings. We will be able to give any further recommendations after the end of the event. It is better to avoid trading today as sharp fluctuations are probable.

    There is the uptrend on the Weekly chart as the price is above the MA55. We expect XAG/USD to decline this week.

    As for the Hourly chart, there is no trend here as the MA-channel is horizontal and the price is close to the MA55. It is better to avoid trading today as we expect no significant fluctuations before the end of the FOMC meetings.



    Official website: [Only registered and activated users can see links. ]

  2. #2
    Technical Outlook July 28, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD had a considerable and sharp growth after the results of the FOMC meetings were published. FED members noticed that market conditions and US economic outlook improved. Interest rates may grow this year. However investors expected more obvious hints from the FOMC members after a sequence of positive US data. Monetary policy tightening expectations for the next FOMC meetings decreased. There is an opportunity to try long trades.

    The downtrend is still developing on the Weekly chart as the price is below the MA55. FOMC hints on the probable interest rates rise were vague. We expect “bulls” to take advantage of the situation.

    The situation changed on the Hourly chart as we can see the uptrend here. The MA-channel goes upwards and the price is above the MA55. We advise to open long trades in case if the price goes back to the MA55.



    GBPUSD

    Adamant Finance - Daily Analysis



    The triangle was broken upwards and there are some opportunities to trade long. FOMC members made some unclear hints on the probability of monetary policy tightening this years. In addition, British GDP growth was better than expected. There is a probability of this growth to continue for some time.

    The downtrend is still in progress on the Weekly chart as the price is below the MA55. WE expect some growth this week because of the results of the FOMC meetings.

    As for the Hourly chart, there is the uptrend here as the MA-channel goes upwards and the price is above the MA55. We advise to open long trades from the MA55 area or broken through trendline area. Stops may be placed below the MA55.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD did significant fluctuations during yesterday. However, it could restore all positions after the FOMC meetings and even had some growth. The currency pair continues its moderate growth this morning. We expect the upside tendency to go on.

    The uptrend on the Weekly chart is still in progress as the price is above the MA55. The FOMC meetings may have a considerable impact on AUD/USD fluctuations and we expect the rally to continue.

    The MA-channel looks upwards indicating the uptrend on the Hourly chart. In addition, the price is above the MA55. We recommend opening long trades from the MA55 if AUD/USD returns back to it.



    USDCHF

    Adamant Finance - Daily Analysis



    We have noticed yesterday that the situation may considerably change after the FOMC meetings. USD/CHF decreased significantly and tries to break through the trendline today in the morning on the Hourly chart. This happens during Asian session. However, things may change during the day.

    The uptrend on the Weekly chart is still in progress as the price is above the MA55. USD/CHF may end this week in the negative area because of the results of the FOMC meetings.

    No trend is seeing on the Hourly chart as the MA-channel is horizontal and the price is below the MA55. It is better to avoid trading before there is no clear direction.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook July 28, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD had a momentum before the end of the FOMC meetings on a weak US data. There is a probability that a positive trend for US data is done and the pressure over USD may growth in the nearest future. Right after the FOMC meetings Gold resumed its growth due to vague comments of FED members. There are no changes in the current situation as the hints on the probable monetary policy changes were unclear. We recommend opening long trades on Gold.

    The uptrend is still progressing on the Weekly chart as the price is above the MA55. We expect some growth of XAU/USD after FOMC decisions.

    This upside tendency is relevant for the Hourly chart as well. The MA-channel goes upwards and the price is above the MA55. You may try long trades. However, the price is close to the upper side of the MA-channel increasing risks of losses.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver had a considerable growth on weak US data and the results of the FOMC meetings. We advise to open long trades after downside corrections.

    The uptrend is still progressing on the Weekly chart as the price is above the MA55. We expect some growth after yesterday’s event.

    The upside tendency is relevant for the Hourly chart as well as the MA-channel goes upwards and the price is above the MA55. You may try long trades. However, the price is close to the upper side of the MA-channel, increasing risks of losses.



    Official website: [Only registered and activated users can see links. ]

  3. #3
    Technical Outlook July 29, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD is trading close to the upper side of the MA-channel offering no opportunities to open trades. However, the price may decline to the MA55 balance line today. You may try to “catch” it there. EUR/USD may even breakthrough the MA55 and go below it. In this case there is a probability of upside tendency. Today we recommend paying attention to the Eurozone and US data. The volatility may increase during the day.

    The downtrend is still progressing on the Weekly chart as the price is below the MA55. FOMC members made unclear hints on the probable monetary policy tightening this year. We expect “bulls” to take advantage of the situation.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to open long trades from the MA55 if the price goes back to it.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD went to the MA55 area and the broken through trendline on the Hourly chart yesterday. There were some opportunities to enter long trades. You could buy from 1,31400. The price passed about 700 points after a short correction. Today we advise to pay attention to the US data.

    The downtrend is still progressing on the Weekly chart as the price is below the MA55. We expect some growth of GBP/USD after the results of the FOMC meetings.

    The trend has already changed its direction on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. You may hold your long trades or reenter the market from the MA55.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD is trading in a wide range. However, if you tried to trade long, you could have some profit (about 400 points) as the price went up after some night correction. Today we recommend paying attention to the US data.

    There is the uptrend on the Weekly chart as the price is above the MA55. We expect some price growth after the results of FOMC meetings.

    There is the uptrend on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. We advise to enter long trades from the MA55 if the price goes back to it.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF confirmed a breakthrough of the trendline, although there was no opportunity to enter the market. The price is still too far from the balance line. Today the situation is still unclear as the price is close to the lower side of the MA-channel.

    There is the uptrend on the Weekly chart as the price is above the MA55. USD/CHF may end this week in the negative area after the results of the FOMC meetings.

    The downtrend is already in progress on the Hourly chart as the MA-channel looks downwards and the price is below the MA55. It is better to avoid trading today.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook July 29, 2016


    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    As mentioned yesterday, finding rates at the upper boundary of MA-channel is very risky to make purchases. Today, there are two possible, is a price reduction to МА55 or reduction in the price of gold trend line on the hourly chart. From МА55 to the trend line of about$ 10 and put a stop for intraday trading is unacceptable.

    On the weekly chart the uptrend, as the price is above МА55. After the fed's decision, you can expect some growth.

    On the hourly chart the uptrend, as MA-the channel is moving up and price is above МА55. You can consider shopping from the trend line on the hourly chart.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    The silver situation is similar to yesterday, perform the purchase was risky. Today, silver is also two options from МА55 either from the first trend line on the hourly chart. Prefer the trend line.

    On the weekly chart the uptrend, as the price is above МА55. After the fed's decision, you can expect some growth.

    On the hourly chart the uptrend, as MA-the channel is moving up and price is above МА55. You can consider buying from the first trend line on the hourly chart.



    Official website: [Only registered and activated users can see links. ]

  4. #4
    Technical Outlook August 1, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD continued its growth on Friday without reaching the MA55 balance line. There was almost no opportunity to enter long trades. USD lost its positions after a weak Prelim GDP data (2nd quarter). This data will surely have a significant impact on the future FOMC members decisions. USD is under pressure at the moment. Today we advise to pay attention to Eurozone and US manufacturing PMIs.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. We have seen a considerable growth last week and the currency pair may have positive dynamics during next five days.

    The uptrend is still in progress on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. It is better to avoid trading at the moment as the price is close to the upper side of the MA-channel.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD resumed growth offering an opportunity to open long trades from the MA55 for those who did not do it previously. US data had a considerable impact on GBP/USD on Friday which resulted in a 1300 points rally from the MA55. Today we advise to pay attention to UK and US manufacturing PMI data.

    There is the downtrend on the Weekly chart as the price is below the MA55. We expect some attempts to grow after negative US Prelim GDP data, published on Friday.

    The uptrend is established on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. You may try long trades from the MA55.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD traded in both direction in the first half of last Friday. However, it rallied during American session because of the negative US Prelim GDP Q/Q data. There was an opportunity to enter long trades from the MA55. The potential of those trades was about 1000 points. In addition, today’s strong Australian data offers some more opportunities for AUD/USD to resume growth.

    There is the uptrend on the Weekly chart as the price is above the MA55. The currency pair crossed the trendline and closed last week above it. AUD/USD may resume its growth this week.

    There is the uptrend on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. It is better to avoid trading at the moment as the price is close to the upper side of the MA-channel.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF is in downtrend at the moment and the tendency is progressing. There is no opportunity to open trades as the price is close to the lower side of the MA-channel. Today USD/CHF may restore and gain back some positions.

    The downtrend is in progress on the Weekly chart as the price is below the MA55. USD is under pressure and USD/CHF may continue to decline during the current week.

    There is the downtrend on the Hourly chart as the MA-channel looks downwards and the price is below the MA55. It is better to avoid trading today.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook August 1 , 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    We gave a recommendation to buy from the trendline on Friday. However, the price went back from the MA55. There was no opportunity to enter a trade. Weak US Prelim GDP data may influence further XAU/USD growth as the probability of interest rates growth this year decreased.

    There is the uptrend on the Weekly chart as the price is above the MA55. USD is under pressure right now and gold may continue to grow this week.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. You may try long trades from the MA55 area.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver is in the same situation. We gave recommendations to open long trades from the trendline. The price did not reach that area. XAG/USD established new highs today in the morning. The growth may resume and we advise to open long trade only.

    There is the uptrend on the Weekly chart as the price is above the MA55. USD is under the pressure now and we consider further growth of XAG/USD.

    The uptrend is in progress on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. You may try long trades from the MA55 area.



    Official website: [Only registered and activated users can see links. ]

  5. #5
    Technical Outlook August 2, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD traded in a tight range yesterday approaching to the MA55 balance line. US PMI data was worse than expected. As for EU statistics, it was better than forecasted. We expect EUR/USD to grow during the day.

    Neutral trend is in progress on the Weekly chart as the price is fluctuating around the MA55. EUR/USD closed last week with a huge growth and we expect this positive dynamics to continue.

    AS for the Hourly chart, there is the uptrend here as the MA-channel goes upwards and the price is above the MA55. We advise to open long trades from the MA55 area.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD broke through the trendline. Our long trades recommendations were cancelled. If you opened any long positions, it is better to close them now. Upside potential is too weak as UK data was worse than expected. Today we advise to pay attention to the UK construction sector data. This stats may limit the upside tendency.

    The downtrend is still actual for the Weekly chart as the price is below the MA55. However, GBP/USD may do some growth attempts after weak US Labor market data, published on Friday.

    AS for the Hourly chart, there is the uptrend here as the MA-channel looks upwards and the price is close to the MA55. It is better to avoid trading at the moment.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD went down to the balance line on the eve of the Reserve Bank of Australia meetings. According to the forecasts, RBA may cut rates. AUD/USD may have a considerable decline if it happens. Otherwise, the currency pair may resume the uptrend.

    The upside tendency is still in progress on the Weekly chart as the price is above the MA55. AUD/USD crossed the trendline and close last week above it. We expect it to grow this week.

    The Hourly chart shows the uptrend as the MA-chanel looks upwards although the price is below the MA55. You may try to open long trades from the MA55 area if RBA leaves rates unchanged.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF was in tight range yesterday and restored partially. Today we advise to pay attention to Swiss PMI and Retail Sales data. You may try open short trades from the MA55.

    The downtrend is in progress on the Weekly chart as the price is below the MA55. USD was under the pressure in the end of the last week and the downtrend may continue.

    There is the downtrend on the Hourly chart as well as the MA-channel looks downwards and the price is below the MA55. We advise to open short trades from the MA55.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook August 2, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    Gold restored to the MA55 balance line offering some opportunities to open long trades. US data was disappointing again and this fact increases chances that metals will grow in the nearest future. Today US data is also important and my influence XAU/USD fluctuations. We also expect some growth during European session.

    The uptrend on the Weekly chart is still in progress as the price is above the MA55. Some factors exert pressure on USD. We expect further growth of metals this week.

    As for the Hourly chart, there is the uptrend here as well as the MA-channel goes upwards and the price is above the MA55. You may try long trades from the MA55.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver prepares for another upside momentum. We see no factors to stop this rally. The MA55 is in the right place for long trades on the Hourly chart. You may try to open long trades at the moment.

    The uptrend on the Weekly chart is still in progress as the price is above the MA55. Some factors exert pressure on USD and we expect metals growth to continue.

    AS for the Hourly chart, there is the uptrend here as the MA-channel goes upwards and the price is above the MA55. You may try long trades from the MA55 area.



    Official website: [Only registered and activated users can see links. ]

  6. #6
    Technical Outlook August 3, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD broke through a month high as we expected. The horizontal level was crossed. You had an opportunity to open long positions according to our recommendations from the MA55 area although this curve was a bit far from the price. Today we expect EUR/USD to continue its growth. Pay attention to the US and Eurozone Services PMIs.

    The neutral trend is still in progress on the Weekly chart as the price is fluctuating around the MA55. EUR/USD closed last week with a strong growth. We expect it to continue this upside tendency this week.

    The Hourly chart shows the uptrend as the MA-channel goes upwards and the price is above the MA55. We advise to open long trades from the MA55 area.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD had a growth after an unexpected strong UK construction PMI data. Experts forecasted a great decline. This data may have a significant impact on the Bank of England decision on Thursday during meetings. This Body is expected to cut rates. The situation is still unclear and we advise to avoid trading on the eve of the Bank of England meetings.

    There is the downtrend on the Weekly chart as the price is below the MA55. GBP/USD may do some attempts to grow after weak Fridays US Labor Market data.

    We still see the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to avoid trading at the moment as tomorrow the Bank of England is to take an important decision.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD declined for 500 points after the decision of the Reserve Bank of Australia to cut rates. However, the currency pair gained back its lost positions and went on to grow. The total amount of this rally was about 1000 points. We gave you advises to buy AUD/USD. Today the currency pair stopped to grow according to technical indicators.

    There is the uptrend on the Weekly chart as the price is above the MA55. AUD/USD crossed the trendline and closed above it last week. We expect it to grow this week.

    The trend is neutral on the Hourly chart as the MA-channel is horizontal and the price is close to the MA55. We advise to avoid trading.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF traded with a decline after a weak Swiss data. Retail sales showed a large decline and PMI indicates a slowdown. There were some opportunities to enter short trades from the MA55, although the price was rather far from the curve. You may try short trades from the MA55 area today.

    There is the downtrend on the Weekly chart as the price is below the MA55. USD/CHF ended last week in the negative zone and USD may continue to go down this week.

    USD/CHF is in the downtrend on the Hourly chart as the MA-channel looks downwards and the price is below the MA55. We advise to open short trades from the curve.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook August 3, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    Yesterday’s long trades from the MA55 were successful. Today the price is too far from the balance line that is why we advise to avoid trading. Those who had a chance to open long trades yesterday, may partially fix their positions and place stops at breakeven. We expect XAU/USD to grow up to 1375.

    There is the uptrend on the Weekly chart as the price is above the MA55. Some factors exert pressure on USD and we expect Gold to continue its growth.

    The situation on the Hourly chart is the same as there is the uptrend. The MA-channel goes upwards and the price is above the MA55. We advise to hold your long trades.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Siler is in the uptrend and you could open long trades this moment and enjoy profit. We advise to partially fix your trades and protect the rest. Today’s US data may surprise. That is why we recommend taking part of your profit.

    The situation on the Weekly chart is clear as we have the uptrend. The price is above the MA55. Some factors exert pressure on USD and we expect Silver to continue its growth.

    There is the uptrend on the Hourly chart as well as the MA-channel goes upwards and the price is above the MA55. We advise to hold your long trades.




    Official website: [Only registered and activated users can see links. ]

  7. #7
    Technical Outlook August 4, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD declined to the MA55 during European session offering opportunities to enter long trades. However, the rally was short. You had an opportunity to protect your trades. US PMI and ADP non farm payrolls were better than expected, providing USD with additional support. Finally, USD gained some positions against EUR and CHF. Other currency pairs traded in a tight range. Today We advise to pay attention to GBP.

    The neutral trend is progressing on the Weekly chart as the price is moving around the MA55. There was a strong growth in the end of the last week and the upside tendency may continue in the next couple of days.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 We advise to avoid trading today as the price is far from the balance line



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD was in a tight range during yesterday’s sessions awaiting for today’s Bank of England meetings. Investors expect the BOA to cut rates. This fact may evoke another downtrend. We advise to avoid trading before the Monetary Policy Committee pronounces its decision.

    There is the downtrend on the Weekly chart as the price is below the MA55. There is a probability of growth after Friday’s US Labor Market data.

    Bulls are dominating on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. It is better to avoid trading before the MPC pronounces its decision.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD was in a tight range yesterday awaiting for some important events. Today in the morning the Bulls tried to dominate the market and they were able to gain some positions on the Australian Retail sales data although it was worse than expected. This upside momentum may be the last one before a downtrend although technical indicators still show the probability of further growth.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. The currency pair crossed the trendline and closed the last week above it. We expect the growth to continue this week.

    The Bulls are also dominating on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. The situation is unclear and we advise to avoid trading today.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF was in the uptrend during the whole week. We recommended short trades and they were unsuccessful. Stop losses triggered. We think that at the moment a long upside correction is forming. There is one confusing factor – the distance between the MA55 balance line and the price.

    There is the downtrend on the Weekly chart as the price is below the MA55. USD is under pressure after Friday’s US Labor Market data.

    The Bulls are dominating on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. We advise to avoid trading today as the price is far from the balance line.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook August 4, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD declined on the fears of strong US Labor Market data which is to be published on Friday. Investors fixed their profit. This resulted in a downtrend. Most of long trades seem to be closed. We expect some further price sliding during the day. According to our opinion, the price may target 1346,00 and form a range after.

    There is the uptrend on the Weekly chart as the price is above the MA55. Some factors exert pressure over USD and we expect further growth of Gold prices.

    There is no trend on the Hourly chart as the MA-channel is horizontal and the price is below the MA55. Yesterday’s long trades were closed at breakeven. Our advice to partially fix positions was right. Today we advise to avoid trading.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver is under a stronger pressure than Gold. The downtrend is clear. We could advise to open short trades. However, the decline is too strong and the price reached the lower side of the MA-channel. The risk are too high.

    There is the uptrend on the Weekly chart as the price is above the MA55. Some factors exert pressure on USD and we expect precious metals to grow in the upcoming couple of days.

    The Bears are dominating on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. Today we advise to avoid trading as the price is close to the lower side of the MA-channel.




    Official website: [Only registered and activated users can see links. ]

  8. #8
    Technical Outlook August 5, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD continued to trade close to the balance line offering no opportunities to enter the market. There is a probability of correction towards the MA55 today. If it happens, there will be an opportunity to open trades. However, there is another problem – today’s US Labor Market data. We do not advise to open trades on the eve of this data as there may be tight flat before it. You may try find some opportunities after this data although we are not sure it happens.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. WE have seen a strong growth in the end of the last week. Positive dynamics may continue this week.

    The downtrend is in progress on the Hourly chart as the Ma-channel goes downwards and the price is below the MA55. We advise to avoid trading because of the upcoming important US Labor Market data.



    GBPUSD

    Adamant Finance - Daily Analysis



    Yesterday’s Monetary Policy decision meet our expectations as the Bank of England decided to cut rates. The central bank also announced bond buying programme. This decision was even more significant for the market as it was unexpected. This fact resulted in more profound “dive” of GBP/USD. Today the currency pair may continue to fall after the US Labor Market data.

    There is the downtrend on the Weekly chart as the price is below the MA55. The currency pair may grow after Friday’s US data.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to avoid trading today because of the upcoming US Labor Market data.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD continues its moderate rally correlating with Oil growth. AUD has got support in time when other currencies are under pressure. We think that this situation is to end very soon. AUD/USD may decline on a significant upside “jump” of USD. This may happen today, e.g. on the US Labor Market data.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. AUD/USD broke through the trendline and closed list week above it. The growth may continue this week.

    The Bulls are still dominating on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. We advise to avoid trading as market awaits for the important US Labor Market data.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF paused its growth on the eve of the important US Labor Market data. This event is the main for USD this week as it may raise expectations of Interest rates increase in USA. USD/CHF may approach to the balance line today. However, we recommend opening long trades only if US Labor Market data is better than expected.

    There is the downtrend on the Weekly chart as the price is below the MA55. USD was under pressure in the end of the last week and we expect no changes in the current market situation on the Weekly.

    The uptrend is in progress on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. We advise to avoid trading because of the upcoming US Labor Market data today.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook August 5, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD touched day’s lows at 1349,00 and resumed its growth after the Bank of England decision to stimulate economic growth by monetary policy easing. We expected Gold to reverse from lower points and we gave no advises. The price is currently in the Tuesday range. It may try to break the range only after the US Labor Market data. We recommend paying much attention to this event.

    There is the uptrend on the Weekly chart as the price is above the MA55. Further Gold growth is probable as some factors exert pressure on USD.

    The trend is neutral on the Hourly chart as the MA-channel is horizontal and the price is close to the MA55. We advise to avoid trading today because of the Important US Labor Market data.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    XAG/USD declined yesterday, then reversed and reached the MA55 balance line right after the Bank of England decision. We expect the price to fluctuate close to the Balance line until the US Labor Market data which is to be published today in the evening.

    The uptrend is in progress on the Weekly chart as the price is above the MA55. Some factors exert pressure on USD. We expect precious metals to continue growth.

    The downtrend is clearly seen on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to avoid trading as important US Labor Market data is expected.




    Official website: [Only registered and activated users can see links. ]

  9. #9
    Technical Outlook August 8, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD had a sharp decline after a strong US Labor Market data. The most important driver for the USD growth was the number of new jobs created the Average Hourly Earnings. The last one is the sign of inflation growth in future. Inflation growth will make the Fed to increase interest rates which may give an additional support to the USD. The probability of interest rates growth in December increased. This fact may support USD.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. EUR/USD was close to the two trendline cross and then reversed. We expect negative dynamics this week.

    The downtrend on the Hourly chart is in progress as the MA-channel goes downwards and the price is below the MA55. EUR/USD goes back to the balance line offering some opportunities to open short trades from the MA55.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD continued its decline on the Friday’s US Labor Market data according to our expectations. The downtrend was progressing and you may try open short trades from the upper trendline area as the price may not reach the balance line during such a strong trend.

    There is the downtrend on the Weekly chart as the price is below the MA55. GBP/USD tried to grow last week. However, the tendency was broken because of the Bank of England MPC’s decision as well as the US Labor Market data.

    The downtrend is in progress on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to open short trades from the upper trendline, placing stops above it.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD declined on the US Labor Market data according to our expectations. However, this downside tendency was limited and the currency pair may resume the uptrend. This may happen in case of better Australian stats.

    There is the uptrend on the Weekly chart as the price is above the MA55. The currency pair closed last week in the positive area. This positive dynamics may continue this week.

    The uptrend is progressing on the Hourly chart as the MA-channel looks upwards although the price is below the MA55. We advise to observe fluctuations and avoid trading.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF fluctuated according to scenario on the better than expected US Labor Market data. It is better to trade this data only after publication although you may miss the chance to do it. Today we advise to wait until the price goes back to the balance line.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. USD growth may continue this week and we recommend opening long trades.

    The uptrend is progressing on the Hurly chart as the MA-channel looks upwards and the price is above the MA55. The price goes back to the balance line allowing opening short trades from the MA55 area.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook August 8, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD had a considerable decline right after the US Labor Market data publication. Two important components (Non-farm payrolls and Average earnings) have shown better than expected results. Earnings growth may have a significant impact on the inflation and this may lead to the interest rates growth this year. Gold lost its positions. The probability of interest rates growth in December increased up to 43%. Today we expect correction.

    There is the uptrend on the Weekly chart as the price is above the MA55. Another attempt to break through the trendline may result in further decline towards 1310,00.

    There is no trend on the Hourly chart as the MA-channel is horizontal and the price is close to the MA55. It is better to avoid trading as the price is close to the lower side of the MA-channel.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver had a considerable decline on a better than expected US Labor Market data. Today we expect some correction. However, investors are bearish towards the precious metals. We expect futher decline this week.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. We expect Silver to trade within a range 19,30-20,20.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to avoid trading as the price is close to the lower side of the MA-channel.



    Official website: [Only registered and activated users can see links. ]

  10. #10
    Technical Outlook August 9, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD did not reach the balance line yesterday. There was no opportunity to enter short trades. It is probable that the price will approach the balance line today and there will be an opportunity to open short trades. There is no important data today. However, US stats may influence fluctuations. We expect calm trading without sharp moves.

    There is no trend on the Weekly chart as the price is balancing around the MA55. Last week EUR/USD reached the cross of two trend lines and reversed downwards. We expect Bears to dominate this week.

    The downtrend is progressing on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. EUR/USD goes back to the balance line. If it reaches the MA55, there will be an opportunity to sell from there.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD did not get the upper trendline yesterday to allow short trades. This happened at night and then there was a 600 points rebound. We expect GBP/USD to get back to the upper trendline again. However, if it happens, it will be too risky to enter short trades. We advise to follow British data wich is to be published today.

    There is the downtrend on the Weekly chart as the price is below the MA55. GBP/USD tried to grow last week. However, the Bank of England’s MPC decision and strong US Labor Market data reversed the upside tendency.

    There is the downtrend on the Hourly chart as well as the MA-channel goes downwards and the price is below the MA55. We advise to sell from the upper trendline area. Place stops at 1,3030/40.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD marked a new month’s high yesterday. The uptrend is still progressing. However, it loses strength. It is very dangerous to open long trades in such a situation. The price may reverse at any moment and lose all positions that it gained within a week.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. The currency pair closed last week in the positive area. We expect this dynamics to continue this week.

    The uptrend is clearly seen on the Hourly chart as well as the MA-channel looks upwards although the price is below the MA55. You may try to open short trades along the ascending trendline awaiting for a sharp downside momentum.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF failed to get back to the balance line and the price continues to move higher. We advise to wait until the price goes back to the MA55 balance line and to open long trades there as it is very dangerous to buy at current price. The important Swiss Labor Market data is to be published today. It may give additional support to the currency pair in case of unexpected results.

    There is no trend on the Weekly chart as the price is balancing around the MA55. USD may continue to grow this week. The long positions are preferable.

    There is the uptrend on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. USD/CHF goes back to the balance line and you may try to open short trades from the MA55.



    Official website: [Only registered and activated users can see links. ]




    Gold/Silver Technical Outlook August 9, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    Gold traded in a range reaching weekly lows and failed to make an upside correction. Today we expect XAU/USD to resume its downside move. However, we advise to open short trades from the balance line area only.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. If XAU/USD fails to break through the trendline again this week, the price may fall to 1310,00.

    The downtrend is clearly seen on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to open short trades from the MA55 area.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver traded in flat yesterday. We expected some growth to the 20,00 area. Today another downside momentum is possible. However, we recommend opening shirt trades from the MA55 area only if price reaches it.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. We expect XAG/USD to trade within a 19,30-20,20 range.

    The Hourly chart shows the downtrend as the MA-channel goes downwards and the price is below the MA55. We recommend opening short trades form the MA55 area aiming 19,30.



    Official website: [Only registered and activated users can see links. ]

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