Featured Personality Igor Gonta, CEO, Market Prophit Market Prophit (www.marketprophit.com) is a financial Big Data analytics company that analyzes stock-related chatter in social media and generates a variety of signals for retail and institutional investors...
EURUSD: EUR lost upside momentum during Tuesday trading session today leaving risk of further downside pressure on the cards. A follow through lower is expected to create scope for more weakness which is consistent with its short term downtrend. Support lies at the 1...
Current trend The AUD strengthening today was due to improving business conditions in August in Australia, according to the latest data. However, in the second quarter the Australian GDP only grew by 0.2%, compared to a 0.9% growth for the first quarter...
Barclays made a forecast for this week concerning EUR/USD related to funbdamental factors such as the following: "With the last employment report before the September meeting over, we think that markets will square positions ahead of the FOMC decision on September 17...
#Pound has surprised #market participants when #GBPUSD has suddenly turned around and began to grow. #VistaBrokers analysts name several reasons for this. Find them all by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
As of now, the eurusd price seems to be in the perfect set up for a FREE FALL in the coming weeks. The complete set of moving averages, fibo levels and zz indicate the possibility of a SELL trend. Unless and until the eurusd price goes above the previous week's high, the fall seems to be certain...
As of now, the gold price seems to be in the perfect set up for a FREE FALL in the coming weeks. The complete set of moving averages, fibo levels and zz indicate the possibility of a SELL trend. Unless and until the gold price goes above the previous week's high, the fall seems to be certain...
The fate of #USDCAD may be decided tomorrow, after the #BOC meeting, but currently the #trend remains upward. The situation in #GPBUSD has changed radically and it is likely that the upward trend will continue until the #BOE meeting on Thursday. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, September 8th USD/JPY is higher today despite better than expected current account figures with 1.32T proficit. The Japanese GDP numbers were out in the green colour, also...
US Dollar - "We are thus headed into another week of uncertainty for the US Dollar, S&P 500, and other key assets. It is worth noting that FX volatility expectations have fallen for the week ahead...
H4 price is on bearish market condition with secondary ranging between 1.1222 resistance and 1.1086 support levels. The price is started the local uptrend on open H4 bar as the secondary market rally by trying to break 1.1222 resistance from below to above for the rally to be continuing...
Tuesday's Asian #trading session was extremely saturated with interesting #news. China has released data on imports, which has declined in August by 13.8% (vs. 8%). After this publication #oil has dropped sharply. Find out more by checking out the Source Link...
Morgan Stanley stated that AUD is in oversold related to USD but, anyway, they believe for the bearish trend to be continuing: AUD: Domestic Story Deteriorating. Bearish. "Despite the sell-off already seen in AUD, we believe there is scope for further weakness...
CRUDE OIL: Having followed through lower on the back of its Friday losses on Monday, further decline looks likely in the days ahead. This view is line with its rejection candle on the weekly hart and its failure ahead of the 49.30 area last week. On the downside, support resides at the 44...
Morgan Stanley believes in bearish GBP related to USD, the question now is the following: where to sell? GBP: Waiting for Opportunities to Sell. Bearish. "We maintain our bearish GBP view, but are cautious that current levels may not be the most attractive to enter short positions...
USDJPY: With the pair halted its weakness to strengthen on Monday, it faces the risk of further move higher in the days ahead. On the upside, resistance resides at the 120.00 level with a turn above here aiming at the 120.50 level. A break will target the 121.00 level...
EUR/USD has moved closer to the upper-side of its daily range but overall continues to trade very quietly given the US Labour Day holiday. EUR/USD recovered some ground and has continued to move away from last week’s lows but lacked...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Though EURUSD consolidated for the most part last week, the bias on the market is bearish as bullish pressure has seriously waned. This pair consolidated to the downside and might reach the support lines at 1.1100 or even 1...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Though EURUSD consolidated for the most part last week, the bias on the market is bearish as bullish pressure has seriously waned. This pair consolidated to the downside and might reach the support lines at 1.1100 or even 1...