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The GBP/USD pair stages a solid comeback this session, bringing an end to three consecutive days of declines, mirroring the recovery in oil prices. GBP/USD finding support above daily pivot at 1.5008 The GBP/USD pair trades 0.18% higher at 1.5037, having posted fresh session highs at 1.5043...
The price is located below Ichimoku cloud for the primary bearish area of the chart with the secondary ranging within the following key reversal s/r levels: 1046.27 support level located far below Ichimoku cloud in the primary bearish area of the daily chart, and 1191...
Taisuke Tanaka, Research Analyst at Deutsche Bank, suggests that the rising current account surplus of Japan can contribute to capping USD/JPY upcycle in 2016. Key Quotes “Japan’s C/A surplus has been expanding...
Taisuke Tanaka, Research Analyst at Deutsche Bank, suggests that the rising current account surplus of Japan can contribute to capping USD/JPY upcycle in 2016. Key Quotes “Japan’s C/A surplus has been expanding...
Senior Analyst at Danske Bank Pernille Henneberg sees the cross entering in the overbought territory following the recent rally...
Analysts say that history in the #oil #market repeats itself, and draw a few parallels between the current situation and the period from 1997 to 1999, when oil had dropped to $ 10. What is similar between the 1990's and nowadays? Find out more by checking out the Source Link...
World Bank, in its latest review, mentioned the commodity prices are unlikely to see a recovery over the next 5 years. The review also says African currencies have depreciated due to anticipated US interest rate hike...
The single currency keeps appreciating vs. its Swiss peer on Wednesday, pushing EUR/CHF to test highs around 1.0840. EUR/CHF within range ahead of SNB The cross seems now to be stabilizing around the mid-1.0800s after being rejected from the 1...
Oil prices at both the sides of the Atlantic rose today as oil stocks in the US dipped. At the time of writing, the WTI oil Jan futures were up 1.77% or 66 cents at USD 38.17/barrel. Brent futures were up 1.2% or 50 cents at USD 40.77/barrel...
After touching its channel lower boundary for the third time I think Gold may target 1100$ per ounce.For the next months I think Gold will move flat with a slight down slope that's way depending on side-way strategies may seem to be the right choice for the next time period...
The Dow Jones Index now struggle to narrow the gap between its its yearly open and close but sooner or later it will face a problem. I have a target of 16000 point for the next few months...
Research Team at Danske Bank, suggests that when looking at the previous hiking cycles there is a tendency for the USD (DXY index) to weaken after the first Fed hike...
Research Team at RBS, suggests that the Bank of England holds its December monetary policy decision, and we do not expect a change in interest rates by the Bank of England...
USD RUB, “US Dollar vs Russian Ruble” Russian Ruble continues moving upwards as the oil prices hit new lows. The market has reached the target of the extension. We think, today, the price may form a consolidation channel and a reversal pattern...
USD RUB, “US Dollar vs Russian Ruble” Russian Ruble continues moving upwards as the oil prices hit new lows. The market has reached the target of the extension. We think, today, the price may form a consolidation channel and a reversal pattern...
USD JPY, “US Dollar vs Japanese Yen” Yen is forming the ascending structure with the target at 123.50. After that, the instrument may return to 123.00. Later, the price may break its consolidation channel upwards to reach 124.50...
USD CHF, “US Dollar vs Swiss Franc” Franc is moving upwards to reach 1.0108. Later, in our opinion, the market may test 0.9990 from above , thus forming a new consolidation channel. If this channel is broken upwards, the pair may growing inside the uptrend to reach 1...
GBP USD, “Great Britain Pound vs US Dollar” Pound is being corrected towards 1.5000. After that, the instrument may grow to reach 1.5084 and then form another consolidation structure. If this structure is broken upwards, the market may grow to reach 1...
EUR USD, “Euro vs US Dollar” In case of Eurodollar, the correction continues. We think, today, the price may return to 1.0875 (at least) and then form another descending structure towards 1.0770. Later, in our opinion, the market may return to 1.0870 once again...
Research Team at Danske Bank, suggests that in line with most other analysts and market participants we expect the Fed to hike 25bp at its meeting next week...
