The recent bout of global risk aversion stemming from a weakening global macro outlook has raised cross-asset volatility, leaving investors searching for havens...
GOLD: Having continued to decline following its Friday downside pressure after price failure, more weakness is now envisaged in the days ahead. On the downside, support comes in at the 1210.00 level where a break will turn attention to the 1200.00 level...
The 18/19 February EU Summit on the renegotiation of UK’s terms of membership will be the major focus for GBP over the coming week...
The fed funds futures curve is now essentially flat, with market-based expectations pointing to a pause in the rate hike cycle until at least the end of 2017...
The SG FX Enhanced Risk Premia has kept positions of reduced size during the week. The SG Sentiment indicator has slipped back in the risk-averse zone, and that has led to the closure of some pro-risk positions. The biggest longs are in JPY, EUR and NOK...
Hey traders! I have a short setup here in 240min timeframe. Price action currently trading in structure resistance. RSI hidden divergence showed up which shows a great chance to take this short, a nice trend line showing good resistance too. The stop loss amount is a lot...
One of the biggest sources of confusion for those new to the forex trading industry is the standard for quoting currency dealing trading. In this section, we'll go over forex trading quotations and how they work in forex trading couple trades. http://www.makemoneysecrete.com/ Reading a Quote...
This EURUSD-0.07% pair has been putting in a series of Higher Highs and Higher Lows, indicating that the trend on the hourly time frame is in an upward direction. This is also confirmed by drawing the trend line...
Data in this report cover up to Tuesday Feb 2 & were released Friday Feb 5. Data include the Fed and BoJ policy decisions as well as Fed VC Fischer’s comments. The aggregate USD long position has fallen to a fresh multimonth low, dropping $5.4bn w/w to $20...
Here’s the market outlook for this week:: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Bullish EURUSD rose 230 pips last week to top-out at the 1.1350 resistance line before the current bearish correction saw price retreat 100 pips...
In the coming period only the article "Ranking & Rating List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to publish all the articles again somewhere in February. Thanks for your understanding...
USD: Buy vs. the Funders. Bullish. We expect risk appetite to pick up this week, which should keep the USD supported against the funders – EUR, JPY and CHF. Of course, it is important to keep an eye on the tightening financial conditions that are having an impact on Fed decisionmaking...
EURUSD: Although holding on to its upside offensive, EURUSD faces pullback threats on loss of momentum at the end of the week. On the downside, support is located at the 1.1200 level and if violated, expect more weakness to happen towards the 1.1150 level. Further down, support lies at the 1...
One thing is for certain - pound sterling (GBP) is going to move substantially against the US dollar over coming months. The question is, which way? HSBC's currency team lay out four scenarios...
EUR/USD: Wave analysis and forecast for 12.02 – 19.02: Uptrend continues. Estimated pivot point is at the level of 1.0970. Our opinion: Buy the pair from correction above the level of 1.0970 with the target of 1.15 – 1.16...
In response to the tightening of financial conditions we have observed over the past month, BNP Paribas economists have made significant changes to their Fed forecasts and now no longer expect the Fed to hike rates in 2016 or 2017...
The euro to dollar exchange rate is way above the ECB’s preferred level, and this spells danger for the euro bulls. Will the euro to dollar exchange rate’s impressive rally, take a terminal hit fro the ECB soon? We believe it could. "One thing to consider moving forward: the EUR/USD exchange rate...
First, a few words about the forecast for the previous week: ■ with regard to the forecast for EUR/USD, it came 100 per cent true. As predicted, the pair remained in a sideways trend until midweek, then, following the speech of the Fed Chairperson Janet Yellen, it broke through the resistance 1...
Central banks have been pumping money into the global economy without a whole lot to show for it other than sharply higher stock prices, and even that has been on the downturn for the past year. Growth remains anemic, and worries are escalating that the U.S...
