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We are still holding an order to buy #EURUSD from 1.1127. During the last 24 hours we have added volume to it in accordance with «green zone» signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Technical analysis of USD/CAD for March 18th, 2016 General overview for 18/03/2016: The blue wave (c) might have been completed at the level of 1.2945. If the level of 1.3166 is not clearly violated, there will be at least one more wave down missing the first projected target at the level of 1...
The Kiwi dollar remains poised for further upside above the 0.6750 area, suggested the research team at UOB Group. “While the price action in NZD has turned bullish once again, we are again approaching the massive 0.6880/00 resistance zone where NZD topped out in October and December last year”...
USD/CAD Drops to 1.2940 on Data, Oil Soars CAD has recovered the positive territory vs. its American neighbour on Friday, dragging USD/CAD to fresh lows near 1.2940...
BOE Downplays Negative Impact of China Slowdown on UK Economy Bank of England (BOE), via its quarterly bulletin, assured markets the UK economy is less exposed to China slowdown as widely believed. Key points Slowdown of 1% in China equates to around 0...
Drop of #USDJPY quotes led to the rapid achievement of indicated previously target values, where, at the moment, technically important support levels are arranged. Thus, quotes reached the lowest level since October 2014. Find out more by checking out the Source Link...
A sharp drop in the U.S. government bonds yield has led to the growth of demand for #Gold. From a technical point of view, #quotes also increased as a result of achieving of the medium-term uptrend support line. Find out more by checking out the Source Link...
Calculated levels today: Support (S1 / S2 / S3 = 1.1235 / 1,1202 / 1,1150), resistance (R1 / R2 / R3 = 1,1339 / 1,1372 / 1,1424). Key support levels (1st from 1.1149 to 1.1287 late in the day, the 2nd of 1.1149 to 1.1200...
Research Team at RBS, notes that the Federal Reserve surprised with a dovish assessment as the “dot plot” revealed a more gradual rate path had become appropriate for a majority of FOMC participants even though the underlying forecast for growth and inflation did not change significantly...
Research Team at Goldman Sachs, suggests that the BoJ’s negative rate policy is distinguished by the ‘variable’ tiered reserve system, in which the amount of banks’ current account balances at the BOJ remunerated by zero interest rate (so-called macro add-on balance) increases as QQE increases th...
BofA state that the freeze in output by OPEC, strong driving season, easy money and declining US shale production should see WTI reach USD 47/bbl by June *Bank of America (abbreviated as BoA) is an American multinational banking and financial services corporation headquartered in Charlotte, North...
Copy from FPA. Stay safe from these scammers. The wheels of justice are slow, but I think they are showing signs of speeding up. Not only is the CFTC filing charges, but the details published show larger cooperation in the efforts to deal with binary scammers...
After the volatility in the wake of the unexpectedly dovish FOMC decision, the dollar is beginning to claw back some of the recent losses as markets look to settle down a touch...
According to the research team at UOB Group, the outlook on the Aussie dollar points to further gains on a close above 0.7620. “As mentioned yesterday, a daily closing above 0.7620 would indicate a resumption of the bullish AUD trend (neutral only for one day)”. “The target from here is at 0.7740...
Calculated level for today: Support (S1 / S2 / S3 = 1254,67 / 1250,78 / 1244,48), resistance (R1 / R2 / R3 = 1267,27 / 1271,16 / 1277,46). Key support levels (1st from 1244.03 to 1256.33 at the end of the day, the 2nd ox 1243.60 to 1248.56...
Sharon Zollner, Senior Economist at ANZ, notes that the NZ jobs ads bounced back a little in February after a sharp January fall. “The lift is welcome, but it’s demure considering last month’s fall. Job ads lifted 0.9% in February (seasonally adjusted) after dropping 2.9% the previous month...
Research Team at BBH, suggests that the comments by the ECB's Draghi and Praet may have encouraged consolidation in the euro ahead of the weekend. “While acknowledging limits to what monetary policy can achieve, the idea is that the ECB is prepared to do more if necessary...
Piotr Matys, FX Strategist at Rabobank, suggests that while EUR/USD maintained upside momentum and appreciated beyond the 1.13 level, the potential increased monetary policy divergence between the ECB and the Feb is still a valid argument in favour of a weaker EUR/USD...
