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On Friday the pound stayed near 18-month lows against the U.S. dollar, despite the release of optimistic retail sales data as expectations for the Bank of England to hold its monetary policy for longer continued to weigh...
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...
Weekly digest compiles the latest news from the world of stocks and finance, currency forecasts, as well as interesting informative articles for traders. Top news of the week: Mario Draghi launches stimulus, but it may be too little or too late, analysis...
Ichimoku is a technical or chart indicator that is also a trend trading system in and of itself...
On Friday the Japanese yen traded slightly stronger in Asia after the death of Saudi Arabia's King Abdullah, the main U.S. ally on oil policy and diplomacy that raised questions about whether the succession plan would keep the bonds tight...
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...
This Asian stocks advanced Friday, driven by a long waited move of the European Central Bank, which also set off gains in Europe and on Wall Street, according to The Washington Post...
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...
Bank of Canada surprises with a 25 basis point cut due to drop in Oil USD/CAD rockets higher on the news Potential extended 5th wave of the Elliott Wave sequence The USDCAD has gained nearly 450 pips in the last two days...
Today’s “larger-than-expected” QE program from the ECB will no doubt influence markets for years to come, but one of the most obvious immediate impacts has been the strength in gold...
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...
