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Results 11 to 20 of 190
  1. #11
    Technical Outlook August 10, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD rebounded from the MA55 balance line during European session. You could open short trade and even protect your positions. The currency pair reversed during American session as investors moods have changed. We have seen the growth to continue today in the morning and the currency pair moved far away from the balance line.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. We expect the growth to the trendline with further breakthrough.

    The uptrend is in progress on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to avoid trading as the price is far from the balance line.





    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD approached the upper trendline during European session and offered an opportunity to open short trades. The currency pair moved downwards then allowing you to take about 500 points. It was enough also to protect your trades and take some profit. Today GPB/USD is ready to change its mood and to go upwards. If this happens, you may try long trades. In order to do this, wait until GBP/USD crosses 1,31000.

    The downtrend is still in progress on the Weekly chart as the price is below the MA55. There was some attempts to grow last week. However, the Bank of England MPC’s decision along with stronger than expected US Labor Market data supported Bears and those attempts were broken.

    There is no trend on the Hourly chart as the MA-channel is horizontal and the price is above the MA55. We advise to open long trades only if the price breaks through 1,31000.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD resumed growing, supported by “Allied” currency pairs. Yesterday the currency pair touched new month’s highs. Short trades orders failed to execute. Today we recommend trying to open long trades.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. AUD/USD had some difficulties previously in moving upwards. However, it closed last week in a positive area. We expect this dynamics to continue this week.

    The uptrend I clearly seen on the Hourly chart as well as the MA-channel looks upwards and the price is above the MA55. We advise to enter long trades from the MA55 balance line



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF reached back the balance line at night only. There was no sense to enter any position. Today the current tendency may probably change, although there is the breakthrough of the trendline, confirming that the trend is already changed. We advise to open short trades today.

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

    There is no trend on the Hourly chart as well as the MA-channel is horizontal and the price is below the MA55. You may try short trades from the MA55 area.



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




    Gold/Silver Technical Outlook August 10, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD reversed upwards in a sharp manner. Short trades from the MA55 were unsuccessful. We have seen a sharp change in trend and the price reached the upper side of the MA-channel. There is no opportunity to buy from the MA55 and we think today this asset is a bad idea for trading.

    The uptrend is currently seen on the Weekly chart as the price is above the MA55. Another attempt to cross the trendline is in progress at the moment.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to avoid trading until the situation is clear.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    XAG/USD had some growth as well allowing to open short trades with stops previously. The expected move towards 20,00 was done today in the morning and the price went even higher, confirming the change of tendency.

    There is the uptrend on the Weekly chart as the price is above the MA55. We expect XAG/USD to trade within a range (19,30-20,20).

    The uptrend is in progress on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to avoid trading until the situation is clear.



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

  2. #12
    Technical Outlook August 11, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD resumed its aggressive growth yesterday, offering no opportunities to open positions. This sharp USD decline is due to productivity data, published previously. This macroeconomic indicator continues to fall since the beginning of the year. The most important US data is to be published tomorrow and we expect EUR/USD to correct after yesterday’s rally.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. The currency pair may grow towards the trendline and even try to cross it.

    The uptrend is in progress on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to avoid trading as the price is already too far from the MA55 balance line.



    GBPUSD

    Adamant Finance - Daily Analysis



    There was no reverse of GBP/USD as the currency pair did not cross the 1,31000 level. The downtrend is in progress, although it is limited due to the weakness of USD. Today we expect GBP/USD to further decline and we advise to open short trades.

    The downtrend is progressing on the Weekly chart as the price is below the MA55. GBP/USD tried to grow last week before the Bank of England meetings. However, the MPC’s decision had broken Bulls’ plans and the downtrend resumed.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is close to the MA55. We recommend opening short trades from the MA55 balance line.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD reached its Weekly chart goals and may start correction and even lose some positions in the next couple of days. The current currency pair position is good for long trades. However, it is too risky to buy at the moment as the Weekly chart goals are already done.

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

    There is the uptrend on the Hourly chart as the MA-channel looks upwards and the price is above the MA55. We advise to avoid trading and to follow the situation.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF was unable to reach the balance line yesterday and offered no opportunities to enter short trades. The change in tendency was very aggressive and there was only not a single chance to open positions. The price is still too far from the balance line to sell. We advise to avoid trading.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. The sharp change in trend on the Hourly chart tells us about a correctional nature of the whole week.

    There is the downtrend on the Hourly chart as the Ma-channel looks downwards and the price is below the MA55. We advise to avoid trading today.



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




    Gold/Silver Technical Outlook August 11, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD is unable to breakthrough new levels on the Weekly chart. Gold is not ready to resume growth. The US Retail Sales data which is to be published tomorrow may influence USD. We expect another attempts to break through the next level on the Weekly chart. There is a downside pattern on the chart today and we advise to avoid long trades.

    There is the uptrend on the Weekly chart as the price is above the MA55. Another attempt to break through the trendline is in progress at the moment.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is close to the MA55. We advise to avoid trading today.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver is forming a correction during this week. However the US Retail Sales data tomorrow may change the things and the price may start to grow towards new weekly highs. There is a correction at the moment and we expect no activity today.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. XAG/USD may stay within the range (19,30-20,40).

    The Hourly chart shows the uptrend as well as the MA-channel goes upwards and the price is above the MA55. We advise to avoid trading today.



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

  3. #13
    Technical Outlook August 12, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD traded in ascending direction during yesterday’s sessions. An important US data is to be published today. It may influence expectations on future Interest Rates increase. It is to notice, that on the eve of this important US data expectations on Rates increase during this year grew up to 50%.

    The neutral trend is in progress on the Weekly chart as the price is fluctuating around the MA55. There is a probability of growth towards the trendline with further attempts to break it through.

    The uptrend is progressing on the Hourly chart as the MA-channel goes upwards although the price is below the MA55. We advise to open trades only after US data. We also recommend opening short trades on strong US data and vice versa. You may trade from the MA55 balance line as well.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD offered some opportunities to open short trades yesterday from the MA55. The price went down for more than 600 pips. The currency pair dynamics depends on the US Retail Sales data today.

    There is the downtrend on the Weekly chart as the price is below the MA55. GBP/USD attempted to reverse last week. However, the Bank of England Monetary Policy Committee’s decision and US data provoked the downside tendency.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to open trades only after the US data. You may try to open short trades on strong US Retail Sales stats and vice versa. You may also trade from the MA55 balance line.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD slides down and long trades have no reason. However, the MA-channel still indicated the uptrend. The currency pair dynamics today will mostly depend on the US Retail Sales data.

    There is still the uptrend on the Weekly chart as the price is above the MA55. AUD/USD closed last week in a positive area. We expect this dynamics to continue this week.

    The uptrend is still in progress on the Hourly chart as the MA-channel looks upwards although the price is below the MA55. We advise to trade after the US Retail Sales data today. Open short trades if this data is stronger than expected and vice versa. You may also open trades from the MA55 area.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF goes back to the MA55 balance line creating some good potential for evening fluctuations. The direction of those fluctuations depends on the evening US Retail Sales data.

    There is still no trend on the Weekly chart as the price is balancing around the MA55. A sharp change in tendency on the Hourly chart indicated a correction.

    The downtrend is in progress on the Hourly chart as the MA-channel looks downwards and the price is below the MA55. We advise to open trades after the US Retail data only. If it is better than expected, you may open short trades and vice versa. You may also open trades from the MA55.



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




    Gold/Silver Technical Outlook August 12, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD declined according to our expectations although there was no change in trend. The pattern that we have seen yesterday in the morning was not bullish and we gave no advises. We did not make any recommendations to open short trades as you may see yesterday’s dynamics. Investors will pay attention to today’s US Retail Sales data and choose the direction according to its results.

    There is the uptrend on the Weekly chart as the price is above the MA55. We can see another attempt to break through the trendline.

    The neutral trend is in progress on the Hourly chart as the MA-channel is horizontal and the price is below the MA55. We advise to trade only after US Retail Sales data today. If it is stronger than expected, open short positions and vice versa.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver is in correction and investors wait for today’s US Retail Sales data. Its results may (if it is worse than expected) may influence growth towards new highs on the Weekly chart.

    There is the uptrend on the Weekly chart as the price is above the MA55. We expect some range trading within 19,30-20,40.

    The uptrend is in progress on the Hourly chart as the MA-channel goes upwards and the price is below the MA55. We advise to trade after US Retail Sales data only. If it is stronger than expected, you may open short trades and vice versa.



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

  4. #14
    Technical Outlook August 15, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD had a sharp upside momentum after worse than expected US Retail Sales data. You could try to open long trades according to our recommendations. Those news could bring traders about 400 pips. However, after Fed member’s Williams speech, investors were persuaded that FOMC is to raise rates again this year. He told, that the Fed has to increase interest rates this year as it will do no harm to the US economy growth.

    This week we recommend paying attention to the FOMC meeting minutes which are to be published on Wednesday.

    There is no trend on the Weekly chart as the price is balancing around the MA55. Trendline resisted Bulls’ attack and we expect some price decline this week.

    The downtrend is in progress on the Hourly chart as the MA-channel goes downwards and the price is close to the MA55. We recommend opening short positions from the MA55 area today..



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD traded in both directions and you could earn about 500 pips after the US Retail Sales data. US statistics was worse than expected. We advise to pay attention to the UK Labor market, Retail Sales as well as CPI y/y data this week. Those stats may have a considerable impact on the GPB/USD fluctuations.

    The downtrend is in progress on the Weekly chart as the price is below the MA55. The currency pair continues its downside tendency.

    There is the downtrend 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.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD grew on the US Retail Sales data. However, it declined a bit later. You could earn some pips on the growth. The later decline was due to the statements of the US Fed members. The currency pair may decline further on the FOMC meeting minutes.

    There is the uptrend on the Weekly chart as the price is above the MA55. The currency pair reached the main trendline and went down. We expect this dynamics to 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 recommend opening short trades from the MA55 area.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF went down after the US Retail Sales data but restored. Today we recommend paying attention to the market crowd moods. We expect some growth according to EUR/USD fluctuations.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. Last week’s fluctuations were according to our expectations. We think that this week USD/CHF will show the opposite image.

    There is the 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.



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




    Gold/Silver Technical Outlook August 15, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD grew sharply on a worse than expected USD Retail Sales data. You could open long trades according to our recommendations. US Retail Sales remained without changes. Bloomberg analysts expected them to grow up to 0,5%.

    Further on Friday Gold declined on the statements of Fed member Williams. He said that FOMC has to raise rates this year and this step will not harm the US economic growth. Those words returned optimism and this USD positive dynamics may continue this week. In addition, those statements may find support in the FOMC meeting minutes, which are to be published on Wednesday.

    The uptrend is progressing on the Weekly chart as the price is above the MA55. We have seen another attempt to break through the trendline that failed. We expect some retreat this week.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We recommend opening short trades from the MA55 area.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver had the same dynamics as Gold on Friday and grew up after a worse than expected US Retail Sales data. Further in the evening XAG/USD lost almost all gained positions and even went lower after the Fed member’s Williams speech on the prospective of US Interest growth this year.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. XAG/USD traded within a 19,30-20,40 range as we expected. This week XAG/USD may decline towards lower side of the range and even break it through.

    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 MA55 area.



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

  5. #15
    Technical Outlook August 16, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD changed its direction to the upside which may result in losses in case if you have opened short trades from the MA55. Friday’s Retail Sales data gave stronger effect to USD than Fed member Williams’ speech. There is a lot of EU and US releases today and we expect the volatility to grow.

    The neutral trend holds its positions on the Weekly chart as the price is balancing around the MA55. Trendline held some previous attacks and the price may decline this week.

    The uptrend is in progress on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to try long trades from 1,11850.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD declined for about 600 pips yesterday and you could open short trades from the MA55. There is an important UK CPI data today and the decline may accelerate. The currency pair bounced from the lower trendline. However, there is still the probability of retest.

    The downtrend is still in progress on the Weekly chart as the price is below the MA55. The currency pair continues its downside tendency.

    As for the Hourly chart, we may see the downtrend here as well as the MA-channel goes downwards and the price is below the MA55. We recommend opening short trades from the MA55 area.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD approached to the MA55 yesterday during European session allowing traders to sell. However, further decline was short offering not more than 200 pips. Those, who opened trades had an opportunity to protect their positions by moving stops to the opening level. The last RBA meetings minutes were released today and there was nothing new to pay attention to.

    There is the uptrend on the Weekly chart as the price is above the MA55. The currency pair has done all its goals (reached the trendline) and went down after. We expect this dynamics to continue this week.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is close to the MA55. We recommend opening short trades from 0,76900.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF formed a downside pattern and we advise to search for short trades only when the price crosses 0,97000/0,97100. The MA-channel changed its direction to downside confirming our expectations.

    There is no trend on the Weekly chart as the price is balancing around the MA55. We expect current week’s fluctuations to be opposite to the last ones.

    There is 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 when the price crosses 0,97000/0,97100.



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



    Gold/Silver Technical Outlook August 16, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD tries again to cross the trendline on the Weekly chart and this time it may succeed. There is a lot of macroeconomic events today and this breakthrough may happen within the upcoming 24 hours. The main event to pay attention is US CPI data.

    The uptrend is in progress on the Weekly chart as the price is above the MA55. Another attempt to break through the trendline failed. We expect some correction this week.

    There is no trend on the Hourly chart as the Ma-channel is horizontal and the price is above the MA55. We advise to open long trades from the MA55 area.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    XAG/USD did a correctional growth yesterday. Today we expect the rise to accelerate especially if US data is disappointing. There is also a negative scenario for Silver. In this case XAG/USD may decline to the trendline on the Hourly chart.

    There is the uptrend on the Weekly chart as the price is above the MA55. XAG/USD is trading within the 19,30-20,40 range. This week we expect it to go to the lower side of the range and to break it through.

    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 open long trades from the MA55 area.



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

  6. #16
    Technical Outlook August 17, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD grew sharply during Asian session and established new two months’ highs during European session. This rise was evoked by the better than expected Eurozone ZEW Economic Sentiment data released yesterday. There was no opportunity to open long trades according to our recommendations as the price did not correct to the necessary area. US data was disappointing and we advise to wait until today’s FOMC meeting minutes.

    The neutral trend is still in progress on the Weekly chart as the price is balancing around the MA55. Trend lines were broker through and if the price is able to holds its current positions, there is a possibility of growth towards 1,15000.

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



    GBPUSD

    Adamant Finance - Daily Analysis



    There was an opportunity to enter short trades from the MA55 according to our recommendations. The price went down for about 300 points offering a possibility to move stop orders to the breakeven level. Those stops triggered and GBP/USD went upwards on better than expected UK CPI data and worse than forecasted US inflation statistics. Today we recommend paying attention to the US FOMC Meeting Minutes.

    There is the downtrend on the Weekly chart as the price is below the MA55. GBP/USD is still developing the downside tendency.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We advise to place long orders from the MA55 area.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD moved different directions during yesterday. Short trades failed to bring some profit. Today the currency pair tries to break through the trendline on the Hourly chart. We advise to avoid trading today and wait for today’s FOMC Meeting Minutes. WE expect the situation to be more clear after that release.

    The uptrend is still progressing on the Weekly chart as the price is above the MA55. The currency pair reached the trendline and went down. We expect this dynamics to continue this week.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards although the price is below the MA55. We advise to avoid trading AUD/USD today.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF traded according to the pattern for short positions from 0,97000/0,97100. It is time to take a pause in trading as investors wait for the FOMC Meeting Minutes release. If you have any open positions, it is the right time to close them.

    The neutral trend is still in progress on the Weekly chart as the price is balancing around the MA55. USD/CHF traded according to our expectations last week. This week we expect the opposite fluctuations.

    There is the downtrend on the Hourly chart as the MNA-channel looks downwards and the price is below the MA55. We recommend avoiding trading today.



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




    Gold/Silver Technical Outlook August 17, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD Has some difficulties in breaking through the trendline on the Weekly chart. You may see that the price went back to its previous positions after yesterday’s upside momentum. There is a probability that today’s FOMC Meeting Minutes release will provoke XAU/USD growth.

    The uptrend is in progress on the Weekly chart as the price is above the MA55. Another attempt to break through the trendline may succeed.

    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 because of the FOMC Meeting Minutes release.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    XAG/USD failed to grow although US inflation data was worse than expected. We think that the market waits for today US FOMC Meeting Minutes release. Interest rates growth expectations remain unchanged at 50%.

    There is the uptrend on the Weekly chart as the price is above the MA55. The precious metal trades within the 19,30-20,40 range. There is a probability that XAG/USD goes to the lower side of the range and breaks it through 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.



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

  7. #17
    Technical Outlook August 18, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD traded in a tight range on the eve of the FOMC Meeting Minutes. The currency pair went down right after the release of the Minutes and reached the MA55, allowing to open long trades according to our recommendations. However, the investors changed their mind then as the Minutes did not give any hint on the probability of interest rates growth this year. Fed is going to assess economic growth and inflation to take further decisions. EUR/USD did about 500 pips as result of yesterday’s fluctuations. We advise to pay attention to the EU inflation data and ECB Meeting Minutes today.

    There is no trend on the Weekly chart as the price is balancing around the MA55. Thend lines were broken through and if the price holds those levels there is a probability of growth towards 1,15000 in the upcoming weeks.

    The uptrend is in progress 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 today or hold yesterday’s long trades if you did not fix them.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD went down to the MA55 right after the FOMC Meeting Minutes release. There was a good opportunity to open long trades according to our recommendations. You could earn about 1000 pips. Today there is a probability of the currency pair growth to continue if UK Retail Sales data is better than expected. Otherwise, GBP/USD may decline sharply.

    The downtrend is still in progress on the Weekly chart as the price is below the MA55. GBP/USD meet a strong resistance and the downside tendency may resume.

    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 area. Place stops below the MA55.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD declined yesterday but went upside today in the morning right after the Australia Labor Market data release. However, there is still no trend. AUD/USD is fluctuating in a wide range. We advise to avoid trading today.

    There is the uptrend on the Weekly chart as the price is above the MA55. AUD/USD reached the main trendline and then reversed downwards. This dynamics may continue this week.

    There is no trend on the Hourly chart as the MA-channel is horizontal although the price is above the MA55. We advise to avoid trading today.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF declined yesterday in the final minutes of Wednesday. The currency pair is close to a very important weekly support (trendline). Here is the main reason why USD/CHF is not able to go down further. If USD losses significantly its positions, the currency pair may cross this support.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. The situation completely met our expectations last week. We expect the situation to be opposite this week.

    There is the downtrend on the Hourly chart as the MA-channel looks downwards and the price is below the MA55. We advise to avid trading today in the morning.



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




    Gold/Silver Technical Outlook August 18, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD traded in a tight range on the eve of the FOMC Meeting Minutes release. However, Gold resumed its growth right after the event and it may continue today as there are no signs of interest rates growth in the nearest future. Interest rates futures shows the decline of expectations in rates growth in September from 18 to 12%. This may indicate on further uptrend in XAU/USD.

    There is the uptrend on the Weekly chart as the price is above the MA55. Another attempt to break through the trend line may be successful.

    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 area. Place stops below the MA55.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    XAG/USD continued to trade with negative dynamics on the eve of the FOMC Meeting Minutes release. It change the direction right after the event. We expect the price to be in the positive area today. However, we recommend avoiding trading at the moment.

    The uptrend is in progress on the Weekly chart as the price is above the MA55. XAG/USD is trading within the 19,30-20,40 range. We expect it to go down to the lower side of the range and to break it through 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.



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

  8. #18
    Technical Outlook August 19, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD continued its positive dynamics regardless a weak Eurozone inflation data and ECB aspiration to monetary policy easing. The currency pair growth is influenced mostly by the weakness of the US dollar as the situation with interest rates rise in USA is unclear. The price did not reach the balance line and there was no opportunity to buy from the MA55. However, if you still hold your previous long trades, you could get some additional profit. Today we expect weak dynamics as there is no important data.

    There is no trend on the Weekly chart as the price is balancing around the MA55. Trend lines were broken through and if the price holds on those levels, there is a probability of growth towards 1,15000 in the upcoming weeks.

    The uptrend is in progress on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We expect some correction or flat trading today and advise to avoid trading.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD rallied on the better than expected UK Retail Sales data. There was no opportunity to buy from the MA55 as the price did not go there anymore. We expect weak dynamics today as there is no important data to be released.

    There is the downtrend on the Weekly chart as the price is below the MA55. GBP/USD met a serious resistance and it may resume its downside tendency.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is above the MA55. We expect a correction or a flat trading today. It is better to avoid trading in this case.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD traded in both directions yesterday regardless the USD decline and Oil prices growth. The currency pair continues to trade within a very large range approaching a very important obstacle on the Weekly chart. AUD/USD declined to a lower side of the range today in the morning. We advise to avoid trading on Friday.

    The uptrend is still in progress on the Weekly chart as the price is above the MA55. The currency pair reached the goal at the main trendline and then reversed. We expect this dynamics to continue this week.

    There is no trend on the Hourly chart as the MA-channel is horizontal although the price is below the MA55. It is better to avoid trading on Friday.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF declined in the last minutes of Thursday and crossed an important support line on the Weekly chart (it broke through the trendline). If the currency pair ends the week below the trendline, there is a probability of further decline during a couple of weeks.

    There is no trend on the Hourly chart as the price is fluctuating around the MA55. We predicted fluctuations last week and we expect USD/CHF to move in the opposite direction this week.

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



    Gold/Silver Technical Outlook August 19, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    XAU/USD traded in both directions and declined to the balance line allowing to open long trade according to our recommendation. The price then went up offering an opportunity to move stops to the breakeven level in order to protect your trades. However, stops triggered as the market was unable to move higher from the current levels. There is a probability of a negative dynamics as the price may decline after an unsuccessful attempt to go upwards.

    There is the uptrend on the Weekly chart as the price is above the MA55. Another attempt to break through the trendline may be successful.

    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.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    Silver slides down. XAG/USD is unable to move higher. This may result in a descending dynamics in the nearest future. It is one of the market’s rule when the price is unable to grow, it starts to go down. We advise to avoid trading today.

    There is the uptrend on the Weekly chart as the price is above the MA55. XAG/USD traded within the 19,30-20,40 range as we predicted previously. This week we expect the price to decline towards the lower side of the range with further breakthrough.

    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.

  9. #19
    Technical Outlook August 22, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    EUR/USD traded according to our expectations on Friday. There was a downside correction during Asian session and then a weak dynamics after an active growth on Thursday. We advise to pay attention to the Ifo Business Climate data and Janet Yellen speech at Jackson Hole Symposium. Those events will take place on Thursday and Friday. As for the first half of this week, we expect some further correction.

    The uptrend is in progress on the Weekly chart as the price is above the MA55. New week promises to be corrective after a sharp momentum, that we have seen the last week. There is a high probability of getting 1,15000 in the next couple of weeks.

    There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is below the MA55. There is a probability of reverse and we do not advise to open long trades. We recommend observing the trendline. If it is broken through, the reverse will be confirmed. Then, you may consider short trades.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD declined on Friday as result of announcements that UK is going to leave the European Union in the first half of 2017. The currency pair lost more than 1000 pips. This event was unexpected. The main statistics is to be released on Friday that is why we recommend paying attention to USD fluctuations.

    There is the downtrend on the Weekly chart as the price is below the MA55. GBP/USD may decline below 1,30000 this week.

    There is the uptrend on the Hourly chart as the MA-channel looks upwards, although the price is below the MA55. We expect GBP/USD to change the current tendency and we advise to avoid long trades. The breakthrough of the trendline tells us about a high probability of reverse as well as the current pattern. You may try short trades from the current levels or closer to the MA55.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD traded close to the lower side of the two-weeks range and there is a high probability of a breakthrough with further downside tendency. There is no important data to follow this week and we recommend paying attention to USD.

    There is still the uptrend on the Weekly chart as the price is above the MA55. Second Doji on the Weekly chart tells us about a struggle for this resistance level. The price is unable to cross the resistance which may result in reverse of the tendency.

    There is the downtrend on the Hourly chart as the Ma-channel goes downwards and the price is below the MA55. We advise to open short trades from 0,76000.



    USDCHF

    Adamant Finance - Daily Analysis



    USD/CHF closed last week above the weekly trendline. The price is unable to cross this line and this may result in a change of the current tendency. We expect the currency pair to grow regardless the fact that USD/CHF is still in the downtrend.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. USD/CHF closed above the trendline which may result in further growth of the currency pair.

    There is the downtrend on the Hourly chart as the MA-channel looks downwards although the price is above the MA55. A sharp price growth may change the tendency. We advise to avoid short trades. We recommend also following the trendline. If it is broken through, the tendency will change and then you may try short trades.



    Gold/Silver Technical Outlook August 22, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    Gold was unable to renew highs and reversed downwards according to our expectations. A pattern fo further downside tendency is forming. The price went down today in the morning and this process may accelerate. The main event of the week to pay attention to is the Fed Head’s Yellen speech at Jackson Hole Symposium.

    There is the uptrend on the Weekly chart as the price is above the MA55. Another attempt to break through the trendline failed. This may lead to further price decline.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to open short trades from 1338,00.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    XAG/USD accelerated its decline on Friday and opened with a gap today in the morning. We expected this situation. Unfortunately, there was no opportunity to open trades. It is too risky to enter the market at the moment.

    There is the uptrend on the Weekly chart as the price is above the MA55. Silver declined to the lower side of the 19,30-20,40 range and crossed it today in the morning.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. XAG/USD is out of the MA-channel and we advise to avoid trading today.

  10. #20
    Technical Outlook August 23, 2016



    EURUSD

    Adamant Finance - Daily Analysis



    There was no breakthrough of the trendline yesterday. The tendency is neutral at the moment. Investors are waiting for the Fed Head’s speech or other important data which is to be released this week. It is possible that the currency pair will be in this neutral position for the whole week. Today some important data from Eurozone and USA is to be released. Those statistics may bring some action to trading.

    There is the uptrend on the Weekly chart as the price is above the MA55. This week may be corrective after some sharp growth during the last 5 days. There is a high probability of EUR/USD to grow towards 1,15000.

    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.



    GBPUSD

    Adamant Finance - Daily Analysis



    GBP/USD had some growth after the announcement that British government prepares some measures to support the construction sector. If you opened sort trades, they were unsuccessful. However, GBP/USD is trading just below the trendline and the MA-channel prepares to change its direction. If 1,30800 is broken through, there is a high possibility of further downtrend to develop.

    There is the downtrend on the Weekly chart as the price is below the MA55. The currency pair may go down below 1,30000 this week.

    There is no trend on the Hourly chart as the MA-channel is horizontal and the price is above the MA55. We expect the current tendency to change and we advise to avoid long trades. You may try to open short positions when the price crosses 1,30800. Place stops above the MA55.



    AUDUSD

    Adamant Finance - Daily Analysis



    AUD/USD made a fake breakthrough of the trendline during Asian session. The short positions from 0,76000 were unsuccessful. However, stop orders were close and we advise to reenter the market when the price crosses 0,76000. There is no important data from Australia this week. It means that you have to pay attention to USA statistics and events.

    There is still the uptrend on the Weekly chart as the price is above the MA55. Second Doji on the Weekly tells us that there is a struggle close to this resistance level. The price is unable to cross it. This fact may result in a change of the tendency.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is close to the MA55. WE advise to open short trades when the price crosses 0,76000.



    USDCHF

    Adamant Finance - Daily Analysis



    The currency pair has changed its tendency on the Hourly chart. There was no opportunity to open long trades. Today you may try to buy regarding the probability of the trendline breakthrough. Place small stops.

    There is no trend on the Weekly chart as the price is fluctuating around the MA55. USD/CHF closed last week above the trendline and the upside tendency may continue.

    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 open long trades from the MA55 area placing stops below this curve.




    Gold/Silver Technical Outlook August 23, 2016



    GOLD (XAUUSD)

    Adamant Finance - Daily Analysis



    There was an opportunity to open short trades from 1338,00 with stop above the MA55. You may try to protect your positions soon, moving stops to a breakeven level. If XAU/USD continues to decline today, you may get some good profit. There is also a probability, that the price will trade into a range before the Fed Head’s Yellen speech during Jackson Hole Symposium.

    There is the uptrend on the Weekly chart as the price is above the MA55. Another attempt to break through the trendline failed and XAU/USD may decline.

    There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55. We advise to hold short trades from 1338,00. There is another opportunity to sell from 1338,00.



    SILVER (XAGUSD)

    Adamant Finance - Daily Analysis



    XAG/USD traded in a tight range approaching the balance line. The price may go back to 19,50 and resume its decline then. Anyway, it is better to avoid trading at the moment.

    There is the uptrend on the Weekly chart as the price is above the MA55. Silver went down to the lower side of the 19,30-20,40 area and crossed it today in the morning.

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

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