Forex forecasts and market outlooks

High-quality Forex forecasts and financial market reviews from professional analysts are added daily!

Clients of the Tifia broker get exclusive access to high-quality materials from independent analytical agency Claws&Horns in their Client Cabinet: technical and fundamental market analysis, Forex economic event calendar, currency, stock, index and cryptocurrency forecasts, trading indicators signals and much more.

20.09.2019 - 14.09.2019

AUD/CAD: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument has broken down Tenkan-sen and Kijun-sen lines. The closest support level is the upper border of the cloud (0.9020). The closest resistance level is Kijun-sen line (0.9070).

GBP/NZD: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. The closest support level is Kijun-sen line (1.9367). One of the previous maximums of Chikou Span line is expected to be a resistance level (1.9612).

EUR/GBP: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (0.8839). The closest resistance level is Kijun-sen line (0.8911).

Bitcoin: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from above, the blue line is directed upwards, while the red one remains horizontal. Confirmative line Chikou Span is crossing the price chart from above, current cloud is descending. The instrument has entered the cloud. The closest support level is the lower border of the cloud (10115.47). The closest resistance level is Tenkan-sen line (10253.43).

NZD/USD: technical analysis

On the H4 chart, the instrument is corrected in the lower part of Bollinger Bands. The indicator reverses down, and the price range expands, indicating a continuation of the downtrend. MACD histogram has moved to a decline, forming a weak sell signal. Stochastic is approaching the overbought zone from below, a sell signal can be formed within 1-2 days.

Snap Inc. (SNAP/NYSE): general review

Shares of Snap Inc. are traded at a discount of 3.7% to the monthly maximum, strengthening since the middle of last week. Since the beginning of the year, the emitter's quotes grew by more than 190%. Following the results of the last quarter, Snapchat showed an increase in active users by 3.2% compared to last year, which is the best among competitors, Facebook and Instagram. The Wall Street expects this trend to continue in Q3 with an increase in the subscriber base to 206 million active users.

Mastercard Inc. (MA/NYSE): general analysis

In Mastercard stocks, a correctional strengthening from a monthly minimum is observed. At the moment, the instrument is trading at a discount of 5.8% to a 52-week high of September 9. The company entered into a partnership with the R3 blockchain software provider following the previously acquired Transfast company. These steps are aimed at improving solutions for international payments in the field of B2B.