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GBP/USD: plan for the European session on January 17. Parliament voted against Brexit agreement

Ruben Watson - 08:13 2019-01-16 UTC+00

GBP/USD: plan for the European session on January 17. Parliament voted against Brexit agreement

Trading tips for the GBPUSD currency pair - placing trading orders (January 15)

Gven Podolsky - 02:45 2019-01-16 UTC+00

The pound/dollar currency pair for the previous day's trading day showed volatility equal to the average daily 111 points, resuming an ambiguous upward move

EUR/USD: Italy, Draghi, Brexit

Irina Manzenko - 02:45 2019-01-16 UTC+00

Italy reiterated itself, although traders turned this chapter back at the end of last year when Rome and Brussels agreed on an Italian budget, thus preventing the disciplinary procedure

Technical analysis of EUR/USD for January 16, 2019

Mourad El Keddani - 11:12 2019-01-16 UTC+00

The EUR/USD pair opened below the weekly pivot point (1.1440). It continued to move downwards from the level of 1.1440 to the bottom around 1.1378

Technical analysis for EUR/USD for January 16, 2019

Alexandros Yfantis - 07:09 2019-01-16 UTC+00

EUR/USD fell below 1.14 yesterday towards 1.1380 staying inside the bearish short-term channel we showed yesterday. So far the move above 1.15 looks like a fake break out and

GBP/JPY Approaching Resistance, Prepare For Reversal

Dean Leo - 02:53 2019-01-16 UTC+00

Alexey Almazov

Maxim Magdalinin

Nadezhda Zhizhko

Alexander Dneprovskiy

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Forex forecast from Chief Strategist

Technical analysis

GBP/JPY Approaching Resistance, Prepare For Reversal

The GBP/JPY pair is approaching its resistance at 140.20 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it is expected to reverse down to its support at 136.89 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is nearing.

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Technical analysis

AUD/JPY Approaching Resistance, Prepare For Reversal

The AUD/JPY pair is approaching its resistance at 78.79 (23.6% & 61.8% Fibonacci retracement, horizontal pullback resistance) where it is expected to reverse down to its support at 75.75 (38.2% Fibonacci retracement, horizontal swing low support). Stochastic (55, 5, 3) is nearing its.

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Technical analysis

NZD/USD Approaching Resistance, Prepare For A Reversal

NZD/USD is approaching its resistance at 0.6879 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 0.6801 (horizontal overlap support). Stochastic (89, 5, 3) is approaching its resistance at 96% where a.

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Bitcoin forecast

BITCOIN Analysis for January 16, 2019

Rocky Yaman

14:37 2019-01-16 UTC+00

Bitcoin recently formed higher lows while struggling at the edge of $3,500-600 support area after a long impulsive bearish trend. The price is expected to push higher towards $4,000 area as it remains above $3,000 area with a daily close.

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Bitcoin analysis for 16/01/2019

Sebastian Seliga

07:03 2019-01-16 UTC+00

The Swiss investment bank Vontobel launches crypto-deposit services for banks and asset managers.

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Ethereum analysis for 16/01/2019

Sebastian Seliga

06:32 2019-01-16 UTC+00

The most important cryptocurrency exchanges in the United States, Coinbase and Kraken, have become the last supporters for Ethereum Constantinople.

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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.

2019-01-16 Double Bottom GBPUSD M5

The Double Bottom pattern has been formed on GBPUSD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.2894 is broken. The further movements will rely on the width of the current pattern 46 points.

2019-01-16 Double Top GOLD M5

The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1292.26 is broken, the downward movement will continue.

2019-01-16 Bearish Rectangle AUDCHF M5

According to the chart of M5, AUDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.7107 – 0.7107 and upper border 0.7116 – 0.7116. In case the upper border is broken, the instrument is likely to follow the upward trend.

2019-01-16 Bullish pennant #NTDOY M30

The Bullish pennant pattern is formed on the #NTDOY M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 36.98, a further uptrend is possible.

Economic Calendar

Wednesday, 16 January 2019

Time	Macroeconomic Indices	Period	Previous Reading	Forecast	Actual Reading	Importance
11:15	BOE Governor Mark Carney Speaks					High
11:30	PPI Input	Dec	-2.6% m/m; 5.3% y/y	-1.5% m/m; 3.7% y/y	-1.0% m/m; 3.7% y/y	Medium
11:30	Retail price index	Dec	0.0% m/m; 3.2% y/y	0.5% m/m; 2.9% y/y	0.4% m/m; 2.7% y/y	Medium
11:30	Consumer Price Index-Core	Dec	1.8%	1.8%	1.9%	Medium
11:30	Consumer Price Index	Dec	0.2% m/m; 2.3% y/y	0.2% m/m; 2.1% y/y	0.2% m/m; 2.1% y/y	High
17:30	Crude Oil Inventories	Jan	-1680K	-1400K	-2683K	Medium