#Oil fell by more than 5%, to the area of $30 per barrel, which is traditionally reflected in the dynamics of #USDCAD. Currently, #quotations have reached the upper limit of the downward channel. Find out more by checking out the Source Link...
Dear Traders, Not much has happened yesterday. While the euro slightly extended its gains as far as 1.0940, the British pound fluctuated more or less sideways versus the U.S. dollar. The limited fluctuations in both currency pairs did not permit any sustained profit for traders on Tuesday...
The dynamics of #EURUSD is still difficult to connect with what is happening in financial #markets. By all logic, this can not last very long, and sooner or later, the pair will leave the borders of the "triangle". Find out more by checking out the Source Link...
conformation Done again you can short now with target from 300 to 500 pip let see down from the Lower, limit to wedge and 61.8 fib and EMA 55...
What can we expect from the Bank of England? Is it possible that instead hints at the #rate hike we can expect it to be cut in the nearest future? Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
GBPUSD may reach 1.4520 and 1.4560 on break to 1.4450. SSI for GBPUSD is mixed...
Talking Points: EUR/USD Technical Strategy: Short at 1.0926 Euro stalls at familiar resistance below 1.10 figure vs...
EUR/USD: Neutral: Only clear break above 1.0995/00 or below 1.0775/80 would indicate start of a directional move. There is not much to add as EUR/USD continues to trade quietly albeit with an improving undertone. EUR/USD extended its recent gains without testing the 1...
This Thursday, we get the BoE’s February rate decision along with minutes from the meeting and the QIR. Rate hikes are not coming soon. Unemployment keeps falling, but wage growth is not strong enough yet. Downside economic risks are elevated. The forthcoming EU referendum provides uncertainty...
The EUR/USD medium-to-long technical picture has been bearish for a while with a bear flag triggered pointing to the targets as low as 1.05 and 1.01 (with a possibility of extending a dip to 0.96 on a long-term horizon), notes RBS...
USDJPY: Having the pair sold off hard on Tuesday, further downside pressure is likely in the days ahead. On the downside, support comes in at the 119.50 level where a break if seen will aim at the 119.00 level. A cut through here will turn focus to the 118...
More countries are expected to join oil-rich but cash-poor Azerbaijan and Nigeria in asking for international financial help if the price per barrel continues to show no sign of recovering, commodity experts have warned...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Nearby resistance in the 1.0985 area helps to keep our focus lower. A move below 1...
US DOLLAR Technical Analysis: The Dollar Bull Dilemma Talking Points: US Dollar Technical Strategy: ST Weakness Favored Toward 34-DMA, LT Bull View Intact Lack of FX Volatility Has Presented ‘Reversion to Mean’ Environment Seasonal Tendencies Favor USD Weakness for February...
Currency investors should consider buying EUR/CAD this week, advises Credit Suisse in its weekly FX pick to clients...
In the coming period only the article "Ranking & Ratig 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...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: There has been some small pressure to the topside since yesterday. We prefer staying patient and waiting for a break of the 1.0700-1.100 range...
EURUSD: With EUR taking back more than half of its Friday losses on Monday and following through higher on Tuesday, it looks to test is falling trendline at 1.0971. But be cautious ahead of the mentioned declining trendline. Support lies at the 1.0850 level. Further down, support lies at the 1...
