Radar do Mercado
Resumo diário completo com análise técnica e fundamental dos mercados globais, incluindo movimentos em Forex, ações, metais e decisões macroeconômicas relevantes.
12235 tópicos neste fórum
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On the hourly chart, the GBP/USD pair on Tuesday consolidated below the support level of 1.3110–1.3139 and continued to decline. By the end of the day, after losing another 100 pips, it reached the 200.0% Fibonacci level at 1.3024. A rebound from this level could lead to a reversal in favor of the pound and some growth toward 1.3110. However, a firm break below this level would increase the likelihood of a continued fall toward the next target of 1.2931. The wave structure remains bearish. The last completed upward wave broke the previous peak, but the latest downward wave — now forming for three weeks — has long since broken the previous low. The news background in re…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Wednesday rebounded from the 200.0% Fibonacci correction level at 1.3024, turned in favor of the British pound, and began to rise toward the 161.8% Fibonacci level at 1.3110. A consolidation of the pair's rate below 1.3024 would signal a continuation of the pound's decline toward the next level at 1.2931. The wave structure remains bearish. The last completed upward wave broke the previous high, while the most recent downward wave (which has been forming for three weeks now) long ago broke the previous low. The news background in recent weeks has been negative for the U.S. dollar, yet bullish traders have not taken advantage of …
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Thursday continued to rise after rebounding from the 200.0% retracement level at 1.3024. By the end of the day, the pair had reached the resistance level of 1.3110–1.3139. Securing the pair above this level will increase the likelihood of further growth toward the next Fibonacci level of 127.2% – 1.3186. A rebound from this level would favor the U.S. dollar and signal a new decline toward the 1.3024 level. The wave structure still remains bearish. The last completed upward wave broke the previous peak, while the most recent downward wave (which developed over three weeks) had already broken the previous low. The news background …
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Thursday consolidated below the support level of 1.3332–1.3357, which allows us to expect a continued decline toward the next Fibonacci level of 127.2% – 1.3225. Consolidation above the 1.3332–1.3357 zone would work in favor of the British pound and some growth toward the 76.4% retracement level at 1.3425. The wave situation remains bearish. The last completed upward wave did not break the previous peak, while the last downward wave did not break the previous low. The news background over recent weeks has been negative for the US dollar, but bullish traders are not yet taking advantage of the opportunities to go on the offensive…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Friday reversed in favor of the British pound and returned to the resistance level of 1.3332 – 1.3357 after Trump announced his intention to raise tariffs on China to 100% starting November 1. Thus, traders are currently in a very favorable position. A close above the 1.3332 – 1.3357 level will allow expectations of continued growth toward the next corrective level of 76.4% – 1.3425. A close below this level will favor the U.S. currency and the resumption of a decline toward the Fibo level 127.2% – 1.3225. The wave situation remains "bearish." The last completed upward wave failed to break the previous high, and the last downwar…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair remained within the resistance zone of 1.3332–1.3357 for most of Monday. Only on Tuesday morning, following the release of UK economic data, did the bears get an opportunity to launch a new attack toward the 127.2% Fibonacci retracement level at 1.3225. A consolidation above the 1.3332–1.3357 level would favor the British currency and open the way for further growth toward the 76.4% Fibonacci level at 1.3425. The wave structure remains bearish. The last completed upward wave failed to break the previous high, while the last downward wave did not breach the prior low. In recent weeks, the news background has been unfavorable for the…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Tuesday rebounded from the 1.3332–1.3357 level and declined toward the 127.2% Fibonacci corrective level at 1.3225. However, in the second half of the day, the pair reversed in favor of the pound and returned to the 1.3332–1.3357 level. A firm move above this zone would support continued growth toward the next 76.4% Fibonacci level at 1.3425. The wave structure still looks "bearish." The most recent upward wave failed to break the previous high, while the last downward wave broke the previous low. The news background in recent weeks has been negative for the U.S. dollar, yet bullish traders have not taken full advantage of these…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair continued its upward movement on Wednesday and reached the new resistance level of 1.3425–1.3431. A rebound of quotes from this zone will favor the U.S. dollar and lead to a moderate decline toward the support level of 1.3357–1.3360. A firm breakout above 1.3425–1.3431 would increase the likelihood of further growth toward the next 50.0% retracement level at 1.3487. The wave structure turned "bullish" in almost a single day. The last completed downward wave broke the previous low, but the most recent upward wave broke the previous high. The news background in recent weeks has been negative for the U.S. dollar, yet bullish traders h…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Thursday consolidated above the 1.3425–1.3431 level, allowing traders to expect a continuation of growth toward the next Fibonacci level of 50.0% – 1.3487. A consolidation of the pair's rate below the 1.3425–1.3431 level would favor the U.S. dollar and a moderate decline toward the 1.3357–1.3360 support level. The wave pattern turned bullish almost overnight. The last completed downward wave broke the previous low, but the most recent upward wave broke the previous peak. The news background in recent weeks has been negative for the U.S. dollar, but bullish traders had not taken advantage of the opportunities to advance — until no…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Friday rebounded from the 76.4% Fibonacci retracement level at 1.3460 (red dashed line), reversed in favor of the U.S. dollar, and fell toward the 50.0% Fibonacci level at 1.3387, according to the updated Fibonacci grid. A rebound from 1.3387 worked in favor of the British pound, leading to renewed growth toward 1.3460. Today, another rebound from this level may again allow traders to expect a slight decline in quotes, while a consolidation above it will increase the likelihood of continued growth toward the next corrective level of 100.0% (1.3526). The wave pattern has shifted to a bullish configuration almost in a single day. …
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Monday consolidated below the 1.3419–1.3425 level and continued to decline toward the 1.3387 and 1.3357 levels. At the moment, there are quite a few corrective levels, and they are located close to one another. Therefore, in the coming days, I would not consider taking every trading signal that appears. In my view, the trend has shifted to bullish, so only buy signals deserve attention. The wave structure also turned bullish almost in a single day. The last completed downward wave broke the previous low, but the most recent upward wave also broke the previous peak. The news background in recent weeks has been negative for the U.…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair continued to decline on Tuesday, remaining below the 50.0% retracement level at 1.3387. On Wednesday morning, the pair rebounded from this level and began a new downward move following the release of the UK inflation report. Thus, a consolidation of quotes below the support level of 1.3354–1.3357 would indicate the potential for a continued decline toward the next retracement level of 23.6% at 1.3313. A rebound from the 1.3354–1.3357 level, however, could signal a reversal in favor of the pound and a resumption of the bullish trend. The wave situation turned bullish almost in a single day. The last completed downward wave broke the…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Wednesday fell to the 23.6% Fibonacci retracement level at 1.3313. A rebound from this level led to a reversal in favor of the pound and some upward movement. On Thursday morning, a new downward move continued toward the 1.3313 level. A new rebound from this level may once again trigger a reversal in favor of the pound and a modest rise toward the 50.0% Fibonacci level at 1.3387. A consolidation of the pair's rate below 1.3313 will increase the likelihood of further decline toward the next corrective level of 0.0% – 1.3247. The wave structure turned "bullish" almost overnight. The last completed downward wave broke the previous lo…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Thursday rebounded from the resistance level of 1.3354–1.3357 and declined toward the 23.6% Fibonacci retracement level at 1.3313. A rebound from the 1.3313 level today would favor the pound and suggest some growth toward 1.3354 and 1.3387. A consolidation of the pair's rate below 1.3313 would increase the likelihood of a continued decline toward the 0.0% Fibonacci level at 1.3247, which would likely signal the end of the bullish trend. The wave pattern remains bullish. The last completed downward wave broke the previous low, but the most recent upward wave also broke the previous high. In recent weeks, the fundamental backgroun…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair showed a sharp rise on Friday toward the resistance level of 1.3354–1.3357, followed by a rebound, a reversal in favor of the U.S. dollar, and an equally sharp decline. Today, a rebound from the 23.6% Fibonacci level at 1.3313 suggests a potential new upward movement toward the 1.3354–1.3357 level. A consolidation of the pair below 1.3313 would favor the dollar and signal a continuation of the fall toward the next corrective level of 0.0% – 1.3247. The wave structure remains bullish. The last completed upward wave broke the previous high, while the most recent downward wave did not break the prior low. The news background in recent…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Monday rebounded from the 23.6% Fibonacci level at 1.3313, turned in favor of the pound, and rose, closing above the resistance level of 1.3354–1.3357. Thus, the upward movement may continue toward the next 50.0% Fibonacci level at 1.3387. A consolidation of quotes below the 1.3354–1.3357 level would favor the U.S. currency and lead to a slight decline toward the 23.6% corrective level at 1.3313. The wave situation remains "bullish." The last completed upward wave broke the previous high, while the last downward wave did not break the previous low. The information background in recent weeks has been negative for the U.S. dollar,…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Tuesday reversed in favor of the U.S. dollar and showed a strong decline, which led to a reconstruction of the Fibonacci grid. Today, a consolidation of quotes below the 100.0% Fibonacci level at 1.3247 allows us to expect a continued fall toward the next corrective level of 127.2% – 1.3186. The British pound has been declining for the second day in a row, raising many questions. The wave structure has now turned bearish. The last completed upward wave broke the previous high, while the latest downward wave broke the previous low. In recent weeks, the news background has been generally negative for the U.S. dollar, but bullish t…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Wednesday rebounded from the 100.0% retracement level at 1.3247, reversed in favor of the U.S. dollar, and fell to 1.3139. A rebound from that level has since favored the pound, leading to some growth and a close above the 127.2% Fibonacci level at 1.3186. Thus, the upward movement may continue today toward the 1.3247 level. A new close below 1.3186 would favor the dollar and a decline toward 1.3139 and 1.3110. The wave structure remains bearish. The last completed upward wave broke the previous high, while the most recent downward wave broke the previous low. The fundamental background in recent weeks has been negative for the …
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Thursday made a new reversal in favor of the U.S. dollar, falling into the support level of 1.3110–1.3139. A rebound of quotes from this zone would allow for a potential reversal in favor of the pound and some growth toward the 1.3186 and 1.3247 levels. A consolidation of the pair's rate below the 161.8% Fibonacci corrective level at 1.3110 would increase the likelihood of continued decline toward the next 200.0% Fibonacci level at 1.3024. The wave structure remains bearish. The last completed upward wave broke the previous high, and the most recent downward wave broke the previous low. In recent weeks, the news background has b…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Friday rose to the 61.8% retracement level at 1.3482, bounced off it, turned in favor of the dollar, fell to the 76.4% Fibonacci level at 1.3425, and rebounded from it. Thus, today the growth process may resume toward the 1.3482 level. A consolidation of the pair below 1.3425 would allow us to expect a further decline toward the support level at 1.3332–1.3357, from where the bulls' last ascent began. The wave structure remains "bearish." The last completed downward wave did not break the previous low, and the last upward wave did not break the previous high. The news background over the past week was negative for the U.S. dollar…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Monday made two rebounds from the 76.4% retracement level at 1.3425, turned in favor of the pound, and rose to the 61.8% Fibonacci level at 1.3482. A rebound of quotes from this level would allow for a reversal in favor of the U.S. dollar and a return to 1.3425. A consolidation of the pair's rate above 1.3482 will increase the likelihood of further growth toward the levels of 1.3528 and 1.3574. The wave situation remains "bearish." The last completed downward wave broke the previous low, while the last upward wave did not break the previous peak. Over the past week, the news background has been negative for the U.S. dollar, but …
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Tuesday rebounded from the 61.8% Fibonacci level at 1.3482, turned in favor of the U.S. dollar, and fell below the 76.4% corrective level at 1.3425. Thus, the decline may continue toward the support level of 1.3332–1.3357. A rebound from this zone would favor the pound and a move higher toward 1.3425, while a close below it would increase the likelihood of further decline toward the 127.2% Fibonacci level at 1.3225. The wave structure remains "bearish." The last completed upward wave failed to break the previous peak, while the most recent downward wave did not break the previous low. The news background in recent weeks has been…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair on Wednesday consolidated below the 76.4% retracement level at 1.3425 and then rebounded from this level from below. Thus, the decline in quotes continues toward the support level of 1.3332–1.3357. A rebound from this zone would work in favor of the pound and some growth toward the 1.3425 level. Consolidation below this zone will increase the likelihood of continued decline toward the next Fibonacci level of 127.2% – 1.3225. The wave situation remains "bearish." The last completed upward wave did not break the previous peak, and the last downward wave did not break the previous low. The news background in recent weeks has been nega…
Last reply by Ben Graham, -
On the hourly chart, the GBP/USD pair continued its downward movement on Friday, but bears failed to consolidate below the support level of 1.3110–1.3139. Thus, we have already seen two rebounds from this area, and a third one could work in favor of the pound, marking the start of growth toward 1.3186 and 1.3247. A consolidation below 1.3110, however, would increase the likelihood of further decline toward the next Fibonacci level of 200.0% – 1.3024. The wave structure remains bearish. The last completed upward wave broke the previous high, but the most recent downward wave (still forming) has long since broken the previous low. The fundamental background in recent wee…
Last reply by Ben Graham, -
GBPUSD is holding around the 1.3500 handle ahead of key UK inflation data due out tomorrow. Cable has traded in a 50-pip range today, between lows around the 1.3480 handle and a daily high thus far of around 1.3530. The British Pound may well be gaining support ahead of the UK CPI release tomorrow where many are expecting an uptick in inflation. UK CPI to Come in Hot? Traders are keeping an eye on UK inflation data coming out tomorrow. Even though household energy bills have dropped, July's inflation (CPI) is expected to rise slightly due to higher food prices. Service inflation might also increase a bit, partly because hotel prices went up temporarily during Oasis con…
Last reply by Ben Graham,
