
The Bank of England has launched a proof of concept that will explore DLT-compatibility with its real time gross settlement service.
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According to the Technical Confluences Indicator, the EUR/USD may find solid support only at around $1.2330. The area is a dense cluster of technical lines: Fibo 38.2% 1w, the SMA200-h1, the SMA50-4h, the SMA200-4h, the SMA5-1d, Bolinger Band 1d-Middle Stdv 2.2, the Fibo 38.2% one month, the SMA10-1d, and the SMA50-1d. The significant confluence makes it a [...]
The post EUR/USD does not have much support after the fall appeared first on Forex Crunch.
This screenshot was taken on the 24th March 2018 for the week 19th to 23rd March 2018.
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Real Time Forex Trading Signals Portfolio – 24th March 2018
The post Real Time Forex Trading Signals – 27th March 2018 appeared first on Advanced Forex Strategies.
The EUR/USD is trading lower on the day, falling from the 5-week highs. A mix of unimpressive data, mixed ECB comments, and a greenback comeback push the pair lower. The broader technical picture remains positive for the pair. The EUR/USD is trading around $1.2420, down some 0.20% on the day after reaching 5-week highs at $1.2476. There [...]
The post 3 factors why EUR/USD is falling appeared first on Forex Crunch.
AUDUSD has been in a range on the H4 chart. The price tried to go down to make a new lower low, but it failed. The last wave on the H4 chart seems to go towards the upside. Today’s first two H4 candle came out as Bearish candles. If we get an H4 Bullish reversal and then an H1 breakout at today’s higher high, then we might get an opportunity to take a long entry on the pair later today. Let us have a look at the H4 AUDUSD chart.
AUDUSD Price Action Analysis – 27th Mar 2018
The level of 0.77290 has the potential to be a level of Support. The price has already reacted to that level. If this level produces an H4 Bullish Engulfing Candle and we get an H1 breakout afterwards at the level of 0.77585, then buying the pair would get us some green pips. Let us have a look at the summary of the trade…
The USD has a high impact news event at GMT15.00 today. If the signal comes 3 to 4 hours before the News hour, then we are alright to take the entry. Even, if it comes after then news event, we are safe to take the entry as well. However, if it comes just before an hour, we might as well skip taking the entry. The news event that is about to take place at GMT 15.00, it often ends up producing long spikes on the intraday charts.
AUDUSD Price Action Analysis – 27th Mar 2018
The post AUDUSD Price Action Analysis – 27th Mar 2018 appeared first on Advanced Forex Strategies.