Trading recommendations and Technical Analysis – HERE! Yesterday's meeting minutes of Committee FRS on operations in the open market ("FOMC minutes") have raised doubts among market participants in raising US interest rates in December...
Holger Zschaepitz from Die Welt revealed this chart to show that the NYSE Arca Defense Index has outperformed the S&P 500 since 2000 by an impressive 1,200 percentage points...
AUDUSD: Although maintaining its broader medium term downtrend, AUDUSD faces risk of further recovery higher after it followed through on the back of reversal of its intraday losses on Wednesday. This price action has opened up risk on the upside towards the 0.7223 level...
Dear Traders, One is always wiser in hindsight and so it turned out that it would have been a smarter decision yesterday to simply wait until the turmoil of the FOMC minutes has diminished...
Peter Schiff, the chief executive of Euro Pacific Capital, said in a recent interview with CNBC that the U.S. Federal Reserve is playing a "dangerous game" with benchmark interest rates that is likely to leave stock-market investors suffering...
Weekly price is on ranging market condition waiting for direction: the price is located inside Ichimoku cloud between 'reversal' Senkou Span lines which are the borders between the primary bullish and the primary bearish on the chart...
USD/CAD: ranging breakdown. The pair is on breakdown crossed Senkou Span line which is border between the primary bullish and the primary bearish on the chart. Price is located inside Ichimoku cloud in the ranging area within the following key support/resistance levels: 1...
#AUDUSD came close to the line of the medium-term downtrend after the Fed's meeting minutes. #Trend #indicators confirm the uptrend, however it is not necessary to hurry, since reversal is still up in the air. Find out more by checking out the Source Link...
Yesterday #traders took #profits in #GPBUSD, which led to a breakout of a resistance level, thus confirming the uptrend. It is recommended to open long positions at current levels. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
indicator waves This indicator takes market volume and organizes it into wave charts, clearly highlighting inflection points and regions of supply/demand. Try tuning this for your instrument (Forex not supported) by adjusting the "Trend Detection Length". This "clubs together" minor waves...
Goldman Sachs made a forecast for EUR/USD related to Fed December meetings: "Given that the beginning of 2016 is likely to bring renewed vigour to risk-taking, we think it is perfectly possible for EUR/$ to reach 0.95 – our 12-month forecast – by end-March...
The minutes of the latest Federal Open Market Committee meeting released on Wednesday showed a wide support for the decision to include a reference to the next meeting in the statement. However, members generally agreed it was prudent to wait to hike rates until it had more information...
Minutes of the last FOMC meeting showed that the majority of members are ready to vote for a rate hike in December. #EURUSD was in flat after the publication, the #dollar #index has reached the 7-month high. Find out more by checking out the Source Link...
United Overseas Bank made a forecast for EUR/USD telling that the price will be closed on intermediate low: "The quick rebound from the overnight low of 1.0615 suggests that EUR/USD is likely close to making an interim low." Let's evaluate intra-day situation from the technical point of voew...
EUR/JPY: weekly breakdown. This pair is on bearish market condition located near and below Ichimoku cloud in the primary bearish area of the chart. The price is ranging within the following key reversal support/resistance levels: 141...
GOLD: The commodity halted its weakness to close slightly lower on a rejection candle on Wednesday. This development has left GOLD targeting further recovery higher possibly towards the 1085.11 level. It was seen heading higher during early Thursday trading session...
The Reserve Bank of Australia said its currency’s place as a global store of value will not be endangered after China's yuan enters International Monetary Fund reserves. Moreover, official data has indicated that the Aussie reserves rise as the currency slides...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/GBP, AUD/USD, and USD/CAD. EUR/USD: We remain bearish EURUSD and would sell rallies towards 1.0670/1.0700, with a stop above 1.0714, targeting 1.0570. EUR/GBP: Look to sell rallies up to 0.7045/50...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by the break below initial targets near 1.0660. Our next targets are towards 1...
EURUSD: With EUR extending its weakness to close and hold below the 1.0673 level on Tuesday, further downside pressure is envisaged. This will leave its key support located at 1.0519 level as its main target...
