Bank of America Merrill Lynch is the corporate and investment bankingdivision of Bank of America. It provides services in mergers and acquisitions,equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management...
Generalising the opinions of 35 analysts from world leading banks and broker companies collected in a table as well as forecasts based on different methods of technical and graphical analysis, the following can be expected: - that before returning to its main trend and continuing movement towards...
The US Dollar is consolidating gains against the Japanese Yen having advanced as expected after forming a Bullish Engulfing candlestick pattern. Near-term resistance is at 119.48, the 23.6%Fibonacci expansion, with a break above that on a daily closing basis exposing the December 23 high at 120...
Relative to bonds, S&P 500 companies may be about as cheap as they’ve ever been...
EUR: The single currency dropped as ECB's Draghi announced the central bank will launch an expanded asset purchase program, bids at 1.1570-75, 1.1540-50, 1.1520-25, 1.1500 and 1.1485 were all filled, some buy orders are noted at 1.1460-65 with stops below 1...
Many traders use Fibonacci Retracements to determine possible points of Support or Resistance. Fibonacci Retracements answer the question, “Where is the current retracement of a prior price swing likely to find support or resistance...
The Euro recorded milestone lows against both the USD and GBP overnight, following the European Central Bank (ECB) finally presenting the long-awaited QE card from its stimulus package...
EUR: The single currency extended yesterday's sellofff and bids at 1.1460-65, 1.1420-25, 1.1400, 1.1315-25 and 1.1270-80 were filled, mixture of bids and stops at 1.1240-50 is in focus, however, some buy orders are expected at 1.1200-10. On the upside, offers are lowred to 1...
The single currency recovered previous losses against the Australian dollar and trades flat during the mid-European session, after cheerful Euro zone manufacturing and services PMI numbers. Currently, the EUR/AUD cross trades unchanged at 1...
A slowdown in Canada’s Consumer Price Index (CPI) may spur fresh monthly highs in USD/CAD especially as the Bank of Canada (BoC) reverts back to its easing cycle...
According to the Research Team at ING, there is no guarantee that QE will work as ECB can only prepare ground for investment, but to incite further investment and consumer spending the ECB might have to resort to further reforms...
Analysts at Societe Generale, expect EUR/USD to head towards 1.08 levels if it breaks below 1.12, with the pair currently testing the support zone at 1.1480/1.12. Key Quotes “EUR/USD is testing a support zone at 1.1480/1...
The Euro collapsed to fresh twelve year lows, breaking below USD 1.13 mark after Germany’s factory activity deteriorated in January. The EUR/USD fell further to trade at 1.1273, down -0.78% on the day, having posted fresh twelve year lows at 1.1259 levels few minutes ago...
Ichimoku is a technical or chart indicator that is also a trend trading system in and of itself...
The US Dollar advanced against the Japanese Yen as expected after putting in a Bullish Engulfing candlestick pattern. A daily close above the December 23 high at 120.82 exposes the 38.2% Fibonacci expansion at 121.91. Alternatively, a turn below the 23.6% Fib retracement at 117...
USDJPY https://charts.mql5.com/6/799/usdjpy-h1-forex-ltd.png The alternative variant of purchases was realized with the achievement of the supposed aims and correction of Down-of channel...
GBPUSD https://charts.mql5.com/6/799/gbpusd-h1-forex-ltd.png At the beginning of day the pre-arranged purchases from keylevels were realized with the achievement of the primarysupposed purposes...
USDCHF https://charts.mql5.com/6/799/usdchf-h1-forex-ltd.png The alternative hasp variant of sales from Down of trend was realized with ceiling of the supposed aims...
EURUSD https://charts.mql5.com/6/799/eurusd-h1-forex-ltd.png The alternative hasp variant of sales from Down of trend was realized with ceiling of the supposed aims...
Following ECB's full-blown QE announcement, the FX Team at TDS has revised their EURUSD target, now expecting the exchange rate to fall to 0.96 by end-2015. Key Quotes "The ECB has left their tepid convictions on asset purchases, and especially government bonds, in the rear view mirror...
