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Crude oil futures extended gains on Tuesday, after Beijing cut interest rates in an attempt to boost economic growth and halt a stock market rout...
A downward correction is likely to continue. On the 4-hour chart, the price declined below the level of 138.00 (23.6% correction) and tested 23.6% arc for the short-term trend. If the price breaks it down, a further fall to 137.44 (38.2% correction) and 136.80 (50.0% correction) should follow...
GBPJPY: GBPJPY may have turned sharply lower on Monday but it now sees a reversal of that weakness with eyes on the 192.25 level. This present recovery is driven by its failure to follow through lower on the back of its Monday losses. On the downside, support comes in at the 189...
Daily price broke Ichimoku cloud from above to below together with key support levels: the price crossed 1963.97 support level from above to below for the breakdown to be continuing. The nearest strong key support levels are 1727.90 and 200-SMA value at 1671.73. If price breaks 1671...
The dollar, global stocks, oil and core bond yields - all rose Tuesday after China’s central bank cut interest rates in a bid to bolster economic growth after a plunge in the country’s stock market...
It was not a 1987 "Black Monday" yesterday, but it was definitely logged in record books. The U.S. media is putting the blame on China. However, CEO of Euro Pacific Capital Peter Schiff sticks to another opinion...
The People's Bank of China trimmed its benchmark lending rate for the fifth time since November and decreased the amount of cash lenders must set aside, thus increasing efforts to stabilize a stock market rout and deepening economic slowdown, Bloomberg has reported...
On Tuesday the British pound has reached seven-week high vs the dollar, but gains were limited due to mounting uncertainty over the timing of the Bank of England's possible rates hike...
CAD/JPY: monthly breakdown. The price is on breakdown for all the timeframes by crossing key support levels from above to below. The only support level to be crossed for the breakdown to be continuing is 200 period SMA (200-SMA) value at 87.44 on monthly chart...
On Tuesday gold edged lower, as global equity markets and the U.S. dollar regained ground after a grinding drop in the prior session...
On Tuesday the Australian and New Zealand dollars recovered from a steep fall caused by turmoil in the Chinese equity market...
US Dollar - "Though it isn’t necessarily dependent on sentiment leveling out, a retrenchment in rate expectations would do better to pull speculative funds back to the Dollar if there isn’t a broad flight from all carry...
On Tuesday Chinese stocks extended the sharpest rout since 1996 on lingering concerns that Beijing has trimmed market support...
M5 price is located near SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) ranging for direction for the possible breakout or breakdown. The price is trying to break 200-SMA from below to above to come to the bullish area of the chart with 1.1614 as the key resistance level...
Danske Bank is forecasting the ranging market condition for EUR/USD up to August 2016: the price will be ranging between 100 day SMA and 200 day SMA within 1.10/1.13 support/resistance channel: Pair Q3 September'15 Q4...
25th August' 2015 Today's EURUSD market trend looks like as sell trend. As per my analysis on H1 chart, market can give us a good back up against yesterday's strong uptrend. I am waiting to cross 1.1515 level, then I will take sell lot for next 50 pips target...
USDCAD: Resumes Medium Term Uptrend USDCAD: Having followed through higher on the back of its Friday gains, further bullishness is envisaged. In such a case, USDCAD will aim at the 1.3350 level where a break will target the 1.3400 level. Further out, resistance comes in at the 1...
NZD/JPY: bearish breakdown. The pair is on bearish breakdown for D1 timeframe, and for breakdown with reversal to the bearish - for W1 timerframe. The secondary correction is going on for monthly price right now with good possibility to the reversal to the bearish. The price broke 78...
Since the eurusd has reached the high of 1.168, which was the high of gold too, 1168.0, without any retracements, i expect the gold and eurusd prices to fall to its historic lows...
