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The price action on EURUSD is similar to that seen in October as the market re-assessed where it stood with the Fed and prepared for the Dec ECB meeting, notes CitiFX. "EURUSD has sustained the break below levels in the 1...
Analytics & Forecasts
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Vasilii Apostolidi, 3 March 2016, 10:57 #EUR/USD
EUR/USD: Bearish: Take partial profit at 1.0810. EUR moved to a low of 1.0823 before rebounding to close almost unchanged for the day. Indicators continue to show sign of basing but any recovery is unlikely to move significantly above 1.0920. The overnight low of 1...
USDX Technical Analysis for March 3, 2016 The Dollar index continues to trade inside the upward sloping channel. With Non-Farm Payrolls expected to be announced tomorrow, any prediction is dangerous and traders should better stay on the sidelines...
Euro Rises Against Majors 03 Maret 2016 3:29 PM The euro strengthened against the other major currencies in the early European session on Thursday. The euro rose to 1.0873 against the U.S. dollar and 124.10 against the yen, from early lows of 1.0853 and 123.27, respectively...
Market News
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Roberto Jacobs, 3 March 2016, 09:57
EUR/USD Fades the Spike to 1.0880 Ahead of PMIs 03 Maret 2016 8:40 AM The upside momentum around the single currency is now losing some vigour, forcing EUR/USD to recede towards the 1.0865/60 band...
Currency
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Roberto Jacobs, 3 March 2016, 09:55
PipsFactory Strategy:- It depends on three indicators : PipsFactoryDaily : Drawing 10 Lines depends on Last Day. PipsFactoryWeekly : Drawing 10 Lines depends on Last Week. PipsFactoryMonthly : Drawing 10 Lines depends on Last Month...
My Trading
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Alfred Kamal, 3 March 2016, 09:51 #Trading, forex
Technical Analysis of USD/CAD for March 3, 2016 03 Maret 2016 2:05 PM General overview for 03/03/2016: As anticipated yesterday, the market has made the high for the wave b purple around the intraday resistance at the level of 1.3480 and then reversed...
Technical Analysis of EUR/JPY for March 03, 2016 Technical outlook and chart setups: The EUR/JPY pair seems to have formed interim bottom at 123.00 levels yesterday as expected. Please also note that 123.00 is fibonacci 0.50% support level of the rally between 122.00 and 124...
Technical Analysis of GBP/CHF for March 03, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be inching higher above trend line resistance, trading at 1.4050 levels now. The pair is soon approaching fibonacci 0.618 resistance of the drop between 1.4320 and 1...
Elliott Wave Analysis of EUR/NZD for March 3, 2016 Wave summary: This cross again did, what it has done many times lately. It stages the first minor signal that the correction in wave [ii] was over and then took a new dive to new lows, this is pretty confusing...
Analytics & Forecasts
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Roberto Jacobs, 3 March 2016, 08:57
Elliott Wave Analysis of EUR/JPY for March 3, 2016 Wave summary: The rally from 122.08 seems to have topped at 124.36. The failure to take out the 125.01 high does indicate that a running triangle is developing, but not an expanded flat...
Analytics & Forecasts
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Roberto Jacobs, 3 March 2016, 08:54
Technical Analysis of EUR/USD for March 03, 2016 When the European market opens, some economic news will be released such as French 10-y Bond Auction, Retail Sales m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI...
Technical Analysis of USD/JPY for March 03, 2016 In Asia, Japan will not release any economic data...
Japanese #yen is losing ground against its major rivals amid growing risk appetite. The main factors of sentiment improvement in financial markets are strong statistics from the USA, rising #oil prices and the recovery in #stock markets. Find out more by checking out the Source Link...
EUR/GBP Testing 0.7700 Ahead of PMIs 03 Maret 2016 7:08 AM After a brief test of the 0.7690 area yesterday, EUR/GBP has managed to recover the 0.7700 handle although keeping the negative note for the time being...
Currency
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Roberto Jacobs, 3 March 2016, 08:36
GBP/USD wipes-out Gains, Eases to 1.4080 03 Maret 2016 7:11 AM The GBP bulls appear to surrender control in the early European trades, sending GBP/USD lower from session tops reached just shy of 1.41 handle. GBP/USD erases gains as USD strengthens The GBP/USD pair trades almost unchanged at 1...
Currency
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Roberto Jacobs, 3 March 2016, 08:32
USD/JPY Extends Recovery Above 114, USD Picks-up Pace 03 Maret 2016 4:33 AM The ongoing recovery in the USD/JPY pair found fresh legs over the last, pushing the prices back above 114 handle...
Currency
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Roberto Jacobs, 3 March 2016, 06:25
FXWIREPRO: EUR/AUD Breaks Below 1.49 Handle, Hits Fresh 2016 Lows at 1.4843 03 Maret 2016 11:16 AM EUR/AUD extends downside, breaks below 1.49 handle to hit fresh 2016 lows at 1.4843. Upbeat Australian trade balance data and risk-on rally in Asian markets buoy the Aussie...
Currency
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Roberto Jacobs, 3 March 2016, 06:18
USD/CNY Remains Well Supported Below Key Resistance at 6.5525 03 Maret 2016 11:06 AM Pair is currently trading around 6.5508 levels. It made intraday high at 6.5508 and low at 6.5459 levels. Today China's Caixin Services Purchasing Managers' Index (PMI) fell from a six-month high of 52...
Currency
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Roberto Jacobs, 3 March 2016, 06:15
US: After Stronger ADP, ISM Non-Manufacturing in Focus Today – Westpac 03 Maret 2016 4:18 AM Sean Callow, Research Analyst at Westpac, notes that the US dollar softened in NY trade, helping AUD/USD extend its GDP-driven gains to touch 0.7300 for the first time since 4 January...
Market News
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Roberto Jacobs, 3 March 2016, 06:11