A position of the single currency did not improve so we continue to hold a short position in #EURUSD. Meanwhile, we have some additional #signals from #indicators. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Deutsche Bank explained 3 fundamental reasons for short GBP/USD: short-end rates of UK vs. US rate hikes, absent rate support and UK’s current account deficit since 2011. It is stated that "this mechanically implies the cross below 1.50." But there are 4 technical reasons to sell GBP/USD: #1...
#Gold rose slightly after the weak data on consumer price index in China, which could mean new measures to stimulate the Chinese #economy. However, gold remains at three-month lows on expectations related to #Fed rate hike the next month. Find out more by checking out the Source Link...
Trading recommendations and Technical Analysis – HERE! After entering the information about what OPEC does not want to reduce the volume of oil production, the oil price falls...
EURUSD: The pair’s attempt on the upside was rebuffed by the bears on Monday to close slightly higher. This development leaves the risk lower in the direction of its broader downside bias. We look for more weakness to occur towards the 1.0700 level. Further down, support lies at the 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, AUD/USD, USD/CAD. EUR/USD: is trading heavy after more dovish ECB news yesterday halted the corrective rally at 1.0777/1.0790, which is the first resistance...
Trading recommendations and Technical Analysis – HERE! NFP data in the US in October, were significantly better than expected, increase the likelihood of interest rate rises in the US in December...
The world’s top energy forecaster has estimated that oil prices will remain below $80 per barrel until the end of this decade, partly due to China’s slowing economy...
Escalating problems in emerging markets such as China will hamper global growth over the next two years, and could even threaten the stability of the global economy, ratings agency Moody's said in its latest warning...
A pattern of continuing trend "pennant" was implemented, and "classic goal" were achieved in #USDCAD. As a result, we have all the signs of ascending impulse formation. It is recommended to hold longs. Find out more by checking out the Source Link...
We state another downward momentum within the current price channel in #EURUSD. Both fundamental and technical backgrounds show overwhelming power of sellers, and the pair is trading near more than six-month lows. Find out more by checking out the Source Link...
The price is on bearish market condition with the secondary ranging within the following key support/resistance levels: 0.6895 key resistance level located near Ichimoku cloud on the border between the primary bearish and the primary bullish on the chart, and 0...
Weak statistics from China has affected all the financial #markets. Asian #stocks went down immediately after the publication, but later they rebounded. #Gold rose slightly, as weak data could mean new rounds of stimulus by #PBOC. Find out more by checking out the Source Link...
RANGE BEST BUY FOR GBP/USD TODAY 10/11/2015 IS AT 1.5134, NOW STILL HOLD SELL POSITION...
10/11/2015 GBP/JPY SCALPING SELL TP 20 PIPS SL 30 PIPS...
USDJPY: The pair lost upside momentum following its failure at 123.59 level to close lower on a rejection candle on Monday. While the 123.59/78 zone caps, we think more weakness should follow. On the downside, support comes in at the 122.50 level where a break if seen will aim at the 122.00 level...
I had mentioned in my previous post that i was expecting a substantial retracement in gold before a drastic fall and an immediate drastic fall in EUR/USD. https://www.mql5.com/en/blogs/post/653781...
I had mentioned about a retracement in the gold price to above 1183 in my previous post, while being cautious of a drastic fall. https://www.mql5.com/en/blogs/post/653974...
