W1 price is located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition with the secondary ranging between Fibo resistance level at 1.1713 and key support level at 1.0807: the price is trying to cross Fibo support level at 1.0897 for 1...
Research Team at BBH, suggest that the market expectations for more monetary stimulus is running high after Draghi's press conference following the ECB meeting last month. Key Quotes “However, while many market participants view it as a done deal, it is not clear that a consensus has been forged...
The research team at BBH expects the Polish central bank to leave unchanged its monetary policy stance at its meeting on Wednesday. Key Quotes “Polish central bank meets Wednesday and is expected to keep rates steady at 1.5%”. “Earlier today, Poland reported October CPI steady at -0...
Ned Rumpeltin, European Head of Currency Strategy at TD Securities, suggests that the key focus will be on the US ISM manufacturing PMI and he expect a drop to 49.4 this month, well below the consensus forecast of 50.0...
On Monday a surprising surge in U.K. manufacturing growth lifted the British currency, and also renewed the talk of the timing of the Bank of England’s first interest-rate increase since the financial crisis...
Skandinaviska Enskilda Banken made some technical analysis for EUR/USD: EUR/USD: secondary correction is started "Mr. Market did chose to follow the alternate correction path and prices accordingly moved up in close proximity to the recent correction high, 1.1098...
GOLD: With GOLD weakening further on the back of its past week losses during Monday trading session, additional decline is envisaged. On the downside, support comes in at the 1125.00 level where a break will turn attention to the 1110.00 level...
#Market participants are waiting for new #signals that might confirm that the #Fed may rise the interest #rate in December. So this week the biggest attention will be focused on #nonfarm payrolls, which will be released in the USA on Friday. What are another key #economic #events...
Trading recommendations and Technical Analysis – HERE! The level of consumer spending in the US in September rose by 0.1% compared with the previous month (forecast 0.2%). The price index for personal consumption expenditures (PCE) in September decreased by 0.1% compared to August (forecast 0...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, and AUD/USD. EUR/USD: sold off on Friday despite all the talk of month-end USD selling. We prefer playing the short side and would look to get involved above 1.1050, with resistance at 1...
D1 price is on primary bullish condition with the ranging between 125.85 resistance level and 118.05 support level. The price is moved to be around 121.63/121.50 for the ranging market condition to be continuing...
The euro will be weaker than previously thought, Morgan Stanley said on Monday, citing further easing from the ECB in December...
Buyers of #GPBUSD have suddenly taken the initiative, which led #quotes to another attempt of testing of the descending resistance line. It is recommended to stay out of the market, but to respond to the subsequent movement of the pair. Find out more by checking out the Source Link...
A new downward momentum has brought #Gold #quotes to the next level of 61.8% #Fibonacci retracement. Much will be decided here, because the further reduction will force bulls to formally break an uptrend. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, November 2nd EUR/USD was flat in Asia trading at 1.1029. Last week, euro zone reported that inflation fell 0.1% in August. It was the first time in six months that the region saw declining inflation...
W1 price is located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition with the secondary ranging between Fibo resistance level at 1.5929 and Fibo support level at 1.5106: the price is ranging near 38.2% Fibo level and 23...
Daily price is on the primary bearish market condition for the secondary ranging below Ichimoku cloud and 'reversal' Senkou Span lines within the following key support/resistance levels: 1.1494 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart; 1...
GBPJPY: The cross may have closed the week flat but still faces upside threats while its key support at the 183.86 level remains unbroken. Its also continues to trade above its rising trendline (red). On the downside, support comes in at the 185.00 level where a violation will aim at the 184...
