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GBP/USD. January 22. Results of the day. The pound is growing again, despite the failure of the Brexit

Paolo Greco - 00:24 2019-01-23 UTC+00

The British pound sterling on the second trading day of the week, January 22, completed the correction, rebounding from the critical Kijun-sen line

Trading plan for 23/01/2019

Sebastian Seliga - 07:13 2019-01-23 UTC+00

Markets remain stable in most cases, waiting for new events. The decision of the Bank of Japan did not surprise and passed unnoticed

Technical analysis for Gold for January 23, 2019

Alexandros Yfantis - 07:00 2019-01-23 UTC+00

Gold price has been in the uptrend since August and has managed to rise from $1,160 to nearly $1,300 where we find an important Fibonacci retracement level. Although technically

Technical analysis for EUR/USD for January 23, 2019

Oscar Ton - 04:18 2019-01-23 UTC+00

We have presented the daily chart view for EUR/USD as a bigger picture view is required for medium term outlook. EUR/USD dropped from 1.2550 levels through 1.1300 levels between February

Theresa May failed to inspire the British currency

Irina Manzenko - 00:32 2019-01-23 UTC+00

British Prime Minister Theresa may could not inspire traders yesterday: the presented "plan B" was more like a declaration of intent than a strategy for further action

Burning forecast 01/23/2019

Dean Leo - 08:27 2019-01-23 UTC+00

EURUSD: On the threshold of movement. The volatility of the pair has fallen to its lowest levels in recent days - the market is preparing for movement

Alexey Almazov

Maxim Magdalinin

Nadezhda Zhizhko

Alexander Dneprovskiy

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Technical analysis

EUR/GBP Testing Support, Prepare For Bounce

The EUR/GBP pair is testing its support at 0.8763 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where the price is expected to bounce up to its resistance at 0.8866 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is.

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Technical analysis

EUR/GBP Testing Support, Prepare For Bounce

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Technical analysis

CHF/JPY Testing Support, Prepare For Bounce

The CHF/JPY pair is testing its support at 109.53 (61.8% & 100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal swing low support) where the price is expected to bounce up to its resistance at 110.31 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (55, 5,.

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Bitcoin forecast

Bitcoin analysis for January 23, 2019

Petar Jacimovic

11:53 2019-01-23 UTC+00

Successful rejection from the support. Watch for buying opportunities. The first upward target is set at the price of $3,742.

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Bitcoin Elliott Wave analysis for 23/01/2019

Sebastian Seliga

06:52 2019-01-23 UTC+00

Is the correction completed yet?

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Ethereum Elliott Wave analysis for 23/01/2019

Sebastian Seliga

06:33 2019-01-23 UTC+00

The market has tested the technical support again

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Pattern Graphix

Pattern Graphix makes it possible to analyze charts, get information in what direction you should open a trade, and determine the target to exit the market in a timely manner as well as find out how often you should open deals. Working with Pattern Graphix, you will receive an immediate visual and sound notification of the formation of various graphical models.

2019-01-23 Bullish symmetrical triangle #TWTR M5

According to the chart of M5, #TWTR formed the Bullish symmetrical triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 30.72/31.05 whereas the lower border goes across 31.34/31.05. The pattern width is measured on the chart at -62 pips. If the Bullish symmetrical triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 31.05 is broken, the price could continue its move toward 30.

2019-01-23 Bearish Rectangle GBPUSD M5

According to the chart of M5, GBPUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3079 and support 1.3056. In case the resistance level 1.3079 - 1.3079 is broken, the instrument is likely to follow the bullish trend.

2019-01-23 Bullish Rectangle #FB M5

According to the chart of M5, #FB formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 144.74 - 0.00 and support 143.94 – 143.94. In case the resistance level 143.94 - 143.94 is broken, the instrument is likely to follow the bearish trend.

2019-01-23 Head and Shoulders GBPCHF M5

According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.3029 while the median line of the Neck is found at 1.2986/1.2990. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPCHF will go towards 1.2975.

Economic Calendar

Wednesday, 23 January 2019

Time	Macroeconomic Indices	Period	Previous Reading	Forecast	Actual Reading	Importance
04:59	BOJ Outlook Report					Medium
04:59	Monetary Policy Meeting Minutes					High
04:59	BoJ MPC Interest Rate Announcement	Jan	-0.10%	-0.10%	-0.10%	High
08:30	Bank of Japan Press Conference					High
11:30	BOE Deputy Governor for Monetary Policy Ben Broadbent Speaks					Medium
15:30	Retail Sales	Nov	0.2% m/m; -0.2% m/m	-0.6% m/m; -0.4% m/m	-0.9% m/m; -0.6% m/m	Medium