USD: Fed Ends the Correction. Bullish. The Fed surprised markets by sounding more hawkish than expected, driving a re-pricing in the probability of a December hike. We now expect a more bullish USD going forward, as investment works its way into the US...
EURUSD: The pair may have closed flat the past week, a sign of price exhaustion but it still holds on to broader downside bias. Support is located at the 1.0950 level But if violated, expect more weakness to occur towards the 1.0896 level. Further down, support lies at the 1...
The weather phenomenon known as El Nino, is back now and is among the three strongest since 1950. As it is already hitting Australia's farmers, Macquarie Research analysts Niraj Shah and Daryna Kovalska have calculated who else willbe a loser, and who will win...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
EURGBP: The cross closed lower the past week leaving risk of more weakness in the new week. As long as it trades and holds below the 0.7170/96 zone, further weakness cannot be ruled out. Support comes in at 0.7080 level. Further down, support lies at the 0...
Oil was one of the most trending securities in 2014. Now it broke its Ascending Wedge from the down side then it pull back. I have a target of 29$ for Oil. take a look to the chart below. Regards MB...
First, a few words about the forecast for the previous week: - As for the future of EUR/USD, most experts and graphical analysis insisted that the pair would move in the sideways corridor 1.1000 ÷ 1.1100...
Oxford Economics has made some calculations to figure out what a steep correction in equity prices would do to global growth. The consultancy noted that the recent slide in stocks is similar in scale to that seen in 1998...
https://www.mql5.com/en/charts/4155138/audusd-d1-oanda-division1 Event Risk for 1st week of November 2015: RBA Rate Decision on Monday. High probability that the pattern will complete if they don't cut. Then Friday US Non Farm Payroll...
USDCHF: USDCHF closed higher returning above the 0.9843 level the past week. This development has opened the door for more strength in the new week. This if seen will target its overhead resistance located at the 0.9902/56 region...
AUD/JPY: ranging bearish. This pair is on bearish market condition for ranging within 88.60 resistance level and 82.11 support level. Ascending triangle pattern was formed by the price to be broken from below to above for the bear market rally...
While i still believe that the gold price is going down, level 2 set up showed a possibility of a retracement to 1170, for the month closing. As my SELL orders were below this price level, decided to take profit, instead of seeing the SELL order go negative again...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We prefer to fade upticks against resistance in the 1.1100 area. A move below 1...
Strategy Tester shows all the elements of a trade from the initial open, the modifications for trailing stop losses etc and close? Is this possible for live trades as I can only see open and close in the Terminal...
Weekly price is on bullish market condition for ranging between R1 Pivot at 95.23 and R2 Pivot at 99.31. The price is breaking 97.20 resistance level for R2 Pivot at 99.31 as a next bullish target. Ascending triangle pattern was formed by the price for the bullish trend to be continuing...
Weekly price is on bullish market condition for ranging between Central Pivot at 1963.05 and R1 Pivot at 2188.18. The price is breaking 2134.42 resistance with R1 Pivot at 2188.18 as a next bullish target. Instrument S1 Pivot Yearly PP R1 Pivot...
Trading recommendations and Technical Analysis – HERE! Financial markets have reacted quite poorly to yesterday's data on US GDP for the 3rd quarter, were weak data for the 2nd quarter and worse prognosis (1.5% vs. + 1.6% and + 3.9% in Q2...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: There was a quick squeeze through 1.1000 this morning on what seemed to be the cleaning out of some short-term positions...
