To add a new post, please log in or register
The bid tone on the CHF remains intact, which pushed the USD/CHF pair below 0.9902 (50% of 0.9476-1.0328). Rejected at 38.2% fib The pair fell to 0.9902 last week, followed by a recovery and failure to take out 1.00 (38.2% of 0.7476-1.0328) on a daily closing basis...
Analytics & Forecasts
  • 44
  • 1
sathish kumar, 9 December 2015, 14:02
The upside in GBP/USD seems to have found strong resistance around 1.5080, easing to 1.5060 at the time of writing. GBP/USD bounces off 1.4950 Spot keeps recovering ground after bottoming out in the mid-1.4900s during yesterday’s session...
Analytics & Forecasts
  • 39
  • 1
sathish kumar, 9 December 2015, 13:58 #GBP/USD
Gold prices trade dead flat around USD 1078/Oz as investors amid moderate weakness in the USD index and wavering European stock markets. Bullish 5-DMA and 10-DMA crossover The recovery from the multi-year low of USD 1046.18/Oz levels on Dec 3rd, followed by a rise to USD 1088...
Analytics & Forecasts
  • 38
  • 1
sathish kumar, 9 December 2015, 13:54 #gold
The Australian Bureau of Statistics, which will release new labor data tomorrow. Australia’s economy at this juncture is very vulnerable as it trying to rebalancing its economy away from the resource sector...
Analytics & Forecasts
  • 54
  • 1
sathish kumar, 9 December 2015, 13:47
Mike Maloney frankly explains what the Federal Reserve can do in December and what it means to us and our money. This video was recorded at the 2015 Silver Summit. Now it's very important to know how the central banks can control over the economy and world markets...
Analytics & Forecasts
  • 2215
  • 2
Anton Voropaev, 9 December 2015, 13:43 #Fed
Derek Halpenny, European Head of GMR at MUFG, suggests that the speculation remains that the BOJ may coincide the fiscal stimulus signalled by the government with additional monetary easing, perhaps as early as Q1 2016 but the upward revision to Q3 real GDP and the machinery orders data released...
Analytics & Forecasts
  • 27
  • 1
sathish kumar, 9 December 2015, 13:43
The EUR/GBP now trades moderately weak on the day as the cable hit a fresh session high, while the common currency struggled to extend gains despite losses in the stock markets. Uptick stalled near Fib resistance The bullish momentum ran out steam at 0.7278 (38.2% of 0.6931-0...
Analytics & Forecasts
  • 62
  • 1
sathish kumar, 9 December 2015, 13:41 #eur/gbp
The Canadian dollar has sharply reverted its initial negative tone, now sending USD/CAD to fresh daily lows in the mid-1.3500s...
Analytics & Forecasts
  • 37
  • 1
sathish kumar, 9 December 2015, 13:37
The Canadian dollar has sharply reverted its initial negative tone, now sending USD/CAD to fresh daily lows in the mid-1.3500s...
Analytics & Forecasts
  • 116
  • 2
sathish kumar, 9 December 2015, 13:35
D1 price is on on breakout with bullish reversal for now: price is breaking Ichimoku cloud to above to be reversed from the primary bearish to the primary bullish market condition; Chinkou Span line broke the price from below to above for good breakout; Absolute Strength indicator is estimating t...
Analytics & Forecasts
  • 1736
  • 3
Sergey Golubev, 9 December 2015, 13:23 #Ichimoku
Hello friends, I am getting message from my web site visitors and community friends regarding my signal. I am writing few lines for all of my well-wishers. We know very well that there is no guarantee in the forex market...
Analytics & Forecasts
  • 201
  • 4
Pankaj D Costa, 9 December 2015, 13:23
Dear Traders, The euro has made several attempts to break above the 1.09-barrier and therefore we needed to trade our long-entry persistently in order to regain some pips. As we noted in Friday's analysis, there could still be some room for further gains in the EUR/USD...
Analytics & Forecasts
  • 43
maimarfx, 9 December 2015, 12:26
The EUR/USD pair trimmed gains to trade around 1.0915, while the European stocks trade mixed following a firmer start. Focus on stocks The shared currency could continue to track the movement in the European equities as the data docket is empty...
Analytics & Forecasts
  • 41
  • 1
sathish kumar, 9 December 2015, 10:06 #EUR/USD
The EUR/USD pair trimmed gains to trade around 1.0915, while the European stocks trade mixed following a firmer start. Focus on stocks The shared currency could continue to track the movement in the European equities as the data docket is empty...
Analytics & Forecasts
  • 58
  • 1
sathish kumar, 9 December 2015, 10:06 #EUR/USD
H4 price is on bullish market condition with the secondary correction: the price is traded near Ichimoku cloud and Senkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart...
Analytics & Forecasts
  • 1615
  • 4
Sergey Golubev, 9 December 2015, 09:35 #nzdusd, Ichimoku
Research Team at BNP Paribas, notes that the USDCNY reached a new high this morning at 6.4250 as Chinese authorities allowed further RMB depreciation. Key Quotes “This trend is consistent with our expetctations that the pair will trend towards 6.60 during 2016 as the USD rebounds...
Analytics & Forecasts
  • 89
  • 1
sathish kumar, 9 December 2015, 09:33
The bid tone on the JPY is seen easing post-European open, sending USD/JPY back towards 123 handle as risk-on returns to markets. USD/JPY: Risk-on seeps back Currently, the USD/JPY pair trades -0.09% lower at 122.81, recovering from session lows reached at 122.64 levels...
Analytics & Forecasts
  • 44
  • 2
sathish kumar, 9 December 2015, 09:26
The GBP/JPY pair ran into fresh bids near 184.02 (23.6% of 195.88-180.36) and recovered losses to trade largely unchanged around 184.45 levels. Stuck between key Fib levels The cross has been stuck between key fib levels – 184.02 (23.6% of 195.88-180.36) and 186.29 (38.2% of 195.88-180.36...
Analytics & Forecasts
  • 49
  • 2
sathish kumar, 9 December 2015, 09:21
The GBP/USD pair stages a solid comeback this session, bringing an end to three consecutive days of declines, mirroring the recovery in oil prices. GBP/USD finding support above daily pivot at 1.5008 The GBP/USD pair trades 0.18% higher at 1.5037, having posted fresh session highs at 1.5043...
Analytics & Forecasts
  • 59
  • 1
sathish kumar, 9 December 2015, 09:13
Senior Analyst at Danske Bank Pernille Henneberg sees the cross entering in the overbought territory following the recent rally...
Analytics & Forecasts
  • 59
  • 1
sathish kumar, 9 December 2015, 09:04