First, a few words about the forecast for the previous week: ■ if we talk about the forecast for EUR/USD, it can be considered fully true. As expected, implementing the month scenario, the pair first tried to break the support of 1...
Trade The Markets with A Profitable Trading System : PIVBOLL PIVBOLL is the specific Strategy. Most traders have an extremely hard time trading with the trend...
While EUR has sold off of late, the single currency barely featured in recent discussions with clients about the market impact of the March ECB meeting...
1. MMi-Clock_v10.ex4 2. MMi-Clock_v01.ex5 Displays Time left to complete Candle-bar + (Spread/Pips) Updated version of my previous post on Clock. Allows to choose - Font, FontSize, Color, Position of clock-Moving/Fixed at one of the four corners...
• Gold's bullish momentum keeps going after breaking above declining channel. Hourly resistance is given at 1308 (21/03/2015 high). Hourly supports lies at 1253 (24/02/2016 low). • In the long-term, the technical structure suggests that there is a growing upside momentum...
UPDATE: AUDUSD - TARGET HIT! Target hit: Mar-04-2016 --------------------------------- Post last FEB; 20,2016...
WTI Crude Oil Price Forecast: Payrolls Push Oil & Risk Higher Talking Points: Crude Oil Technical Strategy: Oil Too Strong To Fight Intermarket Analysis Turns Focus of Price Support Of a Weak US Dollar Crude Oil Rises for Third Week After Report Shows Jobs Gain...
...We anticipate that: The ECB will revise downward the 2016 inflation forecast to -0.1% from 1.0% and the 2017 forecast from 1.6% to 1...
"EURGBP almost reached our 0.80 target, suggesting there was a need for a turnaround. The pair has now broken through the bottom end of the recent trend channel so we now focus on potential retracement targets.0.7567 is the 38.2% retracement level and also the bottom end of a consolidation area...
In our view, the mix of strong jobs growth, modest wage inflation and rising labour force participation is perfect for risk markets...
The GBPUSD ended last weeks trading at the lows for the week and at the lowest level since March of 2009. On Monday that low was extended from 1.3852 to 1.3840 and then 1.3835, but when the momentum could not be sustained, the pair rallied higher to the 100 hour MA (blue line in the chart above...
Pivot Points-Hourly Last Updated: Mar 4, 10:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09712 1.09827 1.0988 1.09942 1.09995 1.10057 1.10172 USD/JPY 113.438 113.77 113.977 114.102 114.309 114.434 114.766 GBP/USD 1.41679 1.41901 1.42026 1.42123 1.42248 1.42345 1.42567 USD/CHF 0.99173 0...
The Bank of Canada (BoC) held rates at 0.50% in January, despite expectations for an ease, preferring to see the details and impact of the coming fiscal stimulus before acting...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We prefer to fade upticks against resistance in the 1.1050 area and look for a move below 1...
The EUR/USD has had a fairly positive end to the week and finishing off with a very volatile day today due to the nonfarm payrolls and other US economic news releases. The price is now sitting on the 200 EMA where it has formed a shooting star candlestick formation and is looking to drop...
EURJPY: Having the cross followed through higher on the back of its Thursday strength, further bullishness is likely. Support comes in at the 125.00 level where a break will aim at the 124.50 level. A turn below here will target the 124.00 level with a breach turning focus to the 123.50 level...
The declining level of trust among Americans may have contributed to reduced flexibility in the U.S. labor market over the last several decades, according to a Federal Reserve working paper...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/JPY, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: is still trading bid, with weak shorts being squeezed out in an increasingly crowded trade ahead of the ECB meeting. We favour selling around 1...
The NZD remained supported mainly on the back of improving risk sentiment and stabilising commodity prices. Next week all eyes will be on the RBNZ rate announcement. Although inflation expectations fell to the lowest level since 1994, we expect the central bank to keep rates unchanged at 2.50...
