EURUSD - "The long-term bearish outlook for EUR/USD may come back into light should the Fed keep a 2015 liftoff on the table, and signs for an looming rate hike may put the exchange rate under pressure as interest rate expectations pickup...
USDCAD: USDCAD continues to remain in a consolidation mode having been trapped in a range below its key resistance zone at 1.3352. A break either way must occur to trigger directional moves. Resistance resides at the 1.3300 level where a break will target the 1.3350 level...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and GBP/USD. EUR/USD: traded bid last week and ended with a short squeeze...
Current trend In the end of last week, the Pound strengthened against the USD and gained back most of the losses of early September. However, macroeconomic statistics remain ambiguous. In particular, the GBP was pressured by poor data on Industrial Production that in June shrank by 0...
GBPUSD: With GBP turning lower at its key resistance zone at 1.5450/7 today, there is risk of more weakness as long as that zone continues to hold. This development is coming on the back of our earlier warning of how significant that level will be...
Morgan Stanley made weekly forecast for EUR in fundamental/technical mixed way expecting bearish EUR: "We remain bearish on EUR over the medium term but see reason for some support in the near term. EURUSD continues to be inversely correlated with risk appetite...
Tom Aspray, a technical analyst and contributor to Forbes, used the chart below to demonstrate what some important lows in the market dating back to 2010 had in common, viz, - active bearish sentiment...
The pound edged higher against the U.S. dollar on Monday, as sentiment on the greenback remained vulnerable ahead of the Federal Reserve's highly-anticipated policy statement on Thursday.GBP/USD hit 1.5471 during European morning trade..............Find out more by checking out the source link...
United Overseas Bank estimated the nearest bullish target for EUR/USd as 1.1475 with 1.1250/55 as the bearish reversal level. "The break above 1.1255 late last week has shifted the outlook for EUR to bullish with a target of 1.1475...
#Oil continues to decline amid lowering global demand, ignoring positive Baker Huges data. The number or rigs in the USA has decreased but weak statistics from China heats concerns of #investors. Find out more by checking out the Source Link...
American Nobel Prize Laureate, Yale University economics professor, economist and best-selling author Robert Shiller is seriously worried about the stock market...
Financial specialists in Bloomberg review anticipate QE extension by June. TLTRO evaluated at 70 billion euros in one week from now's putting forth...
M5 price is located near SMA with period 100 (100-SMA) and above SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown. The key support/resistance levels for this pair are the following: 1.5470 as the resistance and 1.5432 as support level...
Mechanical yield climbed 6.1% in August, missing assessments. 3.5% land speculation addition was one-tenth the 2010 pace...
The Federal Reserve will convene its two-day Federal Open Market Committee beginning on Wednesday to take a decision on the monetary policy, with analysts divided on the outcome...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 14th AUD/USD was higher this morning opening trades at 0.7081.Chinese data was mixed with fixed asset investment rising 10.9% while industrial production gained 6.1%, below the 6...
Daily price is on bullish market condition for secondary ranging between 1.1713 key resistance level and 1.0847 support level. The price is located above Ichimoku cloud by crossing 1.1294 resistance level from below to above for the bullish trend to be continuing...
Review says China turmoil won't move BOE from rate-climb way. One more MPC part may join McCafferty vote by year end...
A new #trading week in #Forex will be very exciting and eventful. What are the most anticipated #economic #events, which #traders should pay attention to? Find out more by checking out the Source Link...
