The following are UBS' latest short-term trading strategies for EUR/USD, USD/JPY, GBP/USD, EUR/GBP and AUD/USD. EUR/USD: The move higher last week didn't seem to be as painful as might have been expected, and we think the 450-pip move was due in part to a lack of liquidity...
NZD/USD (H1): Near correction end? Forecast: Rebound from support zone and trend-line near 0.6650-60. Alternative Scenario: Trying to move below supports zone Comments: Price tested trend line three times recently and still moves above it...
Hypothetical "head and shoulders" mutated into another potential reversal pattern - "triple top". Perhaps, scheduled for Tuesday night data will make significant adjustments in #USDJPY dynamics, but for now we are out of the market. Find out more by checking out the Source Link...
Friday's data on the U.S. employment did not give bears in #AUDUSD substantial dividends. At the same time, the growth of the pair met resistance at 38.2% Fibonacci retracement, and at the moment, upward #trend may stall. Find out more by checking out the Source Link...
GBP/JPY (H4): Inside resistance zone Forecast: Rebound from 186.00-186.10 resistance zone Alternative Scenario: Moving above current resistance and leaving short-term consolidation...
USD/CHF. Credit Agricole is suggesting: do not buy USD/CHF because of the following: SNB will decide on monetary policy, stable EUR/CHF exchange rate, limited intervention needs decreases the risk of lower rates next week, the Swiss franc is still too strong...
here is little in the way of key data this week, with Retail Sales on Friday and CPI next Tuesday (December 15), the last major data points ahead of next Wednesday’s FOMC meeting. If risk appetite remains on an even keel, the greenback may bounce back further...
The GBP/JPY cross clocked a high above 200-DMA at 186.23 levels in early Europe, rising for the third consecutive session. Flirts with key fib level Sterling is mildly bid in early Europe, but is having a tough time extending gains taking out 186.29 (38.2% of 195.88-180.36) levels...
The decision of #OPEC not to cut production still has pressure on the #oil #market. Find out what factors may affect the dynamics of oil this week. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Daily price is on the primary bearish market condition located near and below Ichimoku cloud and 'reversal' Senkou Span lines within the following key support/resistance levels: 1...
The GBP/USD is trading around 1.51 handle as investors digest the increased probability of a Fed liftoff at the Dec 16 Fed meeting and await comments from the BOE’s Carney. Rejected at Key fib The pair was rejected at 1.5115 (50% of 1.5336-1...
The market was disappointed on ECB with a simple deposit rate cut and six month QE extension with no increase in the pace of asset purchases: the EUR promptly rallied 2% as a result expecting more great movement during FOMC meeting for example...
EUR/GBP is trading on a weaker footing at the beginning of the week following the soft performance of the common currency. EUR/GBP eyes on Carney After the recent test of fresh highs in the 0.7250 area, the European cross has sparked a leg lower to the current 0...
Previous week can be considered one of the most rewarding one in 2015, as there were many interesting #events in the #financial world. Let's take a brief summary of this week, which every #trader should know. Find out more by checking out the Source Link...
Imre Speizer, Senior Markets Strategist at Westpac, suggests that the NZD/USD broke above its 0.6430-0.6600 range last week, and now looks destined for the 0.68-0.69 area during the weeks ahead...
Research Team at ANZ, expects the RBNZ to leave the OCR at 2.75%, a view that puts us out of consensus. Key Quotes “The crux of our view is simply that the economy is clearly improving and the terms of trade hit is less dire than the RBNZ assumed...
According to the latest Reuters poll, majority of the economists expected the BOJ's next policy move would be to boost its stimulus measures, but they were split over the likely timing for the next easing - favoring either January or April...
Muhammet Mercan, Chief Economist at ING, notes that the Turkish CPI increased by 0.67% MoM in November, higher than the consensus at 0.46%, pulling annual inflation up markedly to 8.10% from 7.58%. Key Quotes “Negative base effects also contributed to the higher inflation...
Research Team at HSBC, suggests that a cut is likely from RBNZ in this week’s monetary policy meet or soon after. Key Quotes “When it comes to the next RBNZ rate cut, the question is not if they will cut, but when? The main concern is that inflation remains well below target...
To the upside, the next resistance is located 1.0000 (round number) levels and above which it could extend gains to 1.0025 (1h 50-SMA). To the downside, immediate support might be located at 0.9944 (50-DMA) and below that 0.9909 (Dec 4 low...
