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.

15.11.2019 - 09.11.2019

FTSE: technical analysis

On the H4 chart, a lateral trend is forming; the instrument has corrected to the middle border of Bollinger Bands, the indicator cloud is expanding.  MACD histogram is in the negative zone, the signal line crosses the zero line from above, forming a signal to open short positions. Stochastic is located on the border of the neutral and overbought zones, the oscillator's lines are directed up; the signal to open long positions is preserved.

Nikkei 225: Murrey analysis

On the daily chart, the price rose above 23125.00 ([5/8]) but could not break much higher and began the correction, which can continue to 22812.50 ([5/8] H4, the middle line of Bollinger bands), 22500.00 ([4/8]), 22180.50 ([–2/8] H4). The key “bullish” level is 23750.00 ([6/8]). If the price consolidates above it, the first growth target will be the level of 24375.00 ([7/8]).