Credit Suisse made a forecast for EUR/USD for 2016 estimated 1.00 as the first target and 0.85 as the second one. Let's evaluate this forecast with the technical point of view. EUR/USD: bearish ranging near S2 Pivot level...
ECB governing council member Jens Weidmann said earlier that diverging ways of monetary policy in the euro zone and the United States will likely drive exchange rate fluctuations...
GOLD: With the commodity closing on a rejection candle on Thursday, it now looks to strengthen further. This if seen will keep the commodity's short term trend higher. On the downside, support comes in at the 1080.00 level where a break will turn attention to the 1069.00 level...
Despite today's strengthening of the US dollar against other currencies, competitors, with AUD / USD continues to hold the position conquered yesterday. After the release yesterday of strong data on employment and unemployment in Australia in October, with AUD / USD rose sharply...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders...
Trading recommendations and Technical Analysis – HERE! In yesterday's speech by the Fed did not hear anything new regarding the possibility of raising interest rates in the United States at the next Fed meeting on 15-16 December...
H4 price is on bearish market condition for the secondary ranging within the following key reversal levels: 1.0830 resistance level located near Ichimoku cloud and 'reversal' Senkou Span line on the border between the primary bearish and the primary bullish trend on the chart, and 1...
Trading recommendations and Technical Analysis – HERE! Today the important news in the UK and is not planned. Therefore, the focus of traders will focus on news from the US. At 13:30 (GMT) on the US published data on retail sales for October. Forecast 0.3% versus 0.1% in September...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, AUD/USD, and USD/CAD. EUR/USD: We think the move lower will continue and any disappointment in today's US data would provide an opportunity to add to shorts towards 1.0820/30...
Weekly price is on ranging market condition located inside Ichimoku cloud between the following key reversal support/resistance levels: 12425...
Market nerves growing Janet Yellen gave little away yesterday as she made no reference to interest rate policy and then the Vice Chairman Stanley Fischer also kept his cards close to his chest allowing for some profit taking in the dollar...
Pre European Open, Daily Technical Analysis Friday, November 13, 2015 EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. ---- EUR/USD Intraday: the bias remains bullish...
A new downward momentum in #Gold led quotations close to the bulls' last line of defense - the lowest level since February 2010. Its breakout will open up unlimited prospects for further reduction. Find out more by checking out the Source Link...
#USDJPY #quotes drifted into the area of the current support line of the current uptrend. This retracement takes place within borders of a clearly designated channel, indicating the formation of "flag". Find out more by checking out the Source Link...
We don’t have a specific trade idea coming into the session, however we will be watching the German, French and EZ GDP prints for a possible opportunity if they all come out negative which will likely pressure the EUR and continue to build on the sentiment for additional ECB easing...
Weekly price is on primary bearish market condition with the ranging within 0.7381 resistance level and 0.6907 support level: The price is located to be far below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish condition...
FOMC members and Yellen confirmed the possibility of December's rate hike. Meanwhile, Mario Draghi hinted again at the possibility of the ECB asset purchase program expanding. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Industrial Production for September m/m (final): +1.1% m/m the preliminary was +1.0% prior (August) was -1.2% Industrial Production (final, September, D'uh :-D ) y/y: -0.8% y/y preliminary -0.9...
