Here’s the market outlook for this week:: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish As expected, this pair corrected lower last week - sliding 120 pips before closing into a consolidation. The support line at 1...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 13th week of 2016. Click here to check the new parameters of EURUSD, USDJPY and XAUUSD...
EUR/USD underwent a slow yet constant slide from the highs seen in the previous week. What's next? Inflation figures stand out in a busy week . Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD...
The most extreme speculative positioning, judging from the futures market is the long yen position. The bulls added another 3.4k contracts, lifting the gross long position to 82.8k contracts. The record was set in 2008 at 94.7k contracts. The gross short position was trimmed by 4...
Clouds gather over the UK high street as retailer delivers downbeat warning of potentially worst year since 2008.,,,......read more...
US banks dominate the top spots in a closely watched investment banking league table........read more...
Australia wants to join the swelling ranks of those countries which treat bitcoin as a currency, not a commodity.......read more...
With UK inflation stubbornly low, and likely to remain so for the foreseeable future, the chances of the next move in UK Bank Rate being either up or down are evenly balanced.....readmore...
Low oil prices alone may not provide the boost conventional economics suggests they should, the IMF concludes.........read more...
The difference in yield, known as the spread, between US Treasuries and German Bunds is rising, putting upward pressure on the dollar against the euro.......read more...
Most equity markets have already put in their lows for the year, according to Mike Wilson, chief investment officer at Morgan Stanley Wealth Management, although elevated global uncertainty will leave volatility high across most sectors.......read more...
Stock markets in Asia have suffered further losses, a day after global turmoil saw billions of dollars wiped off the value of shares. Investors remain worried over slumping oil prices and slowing growth in China...
EUR/USD: Wave Analysis and Forecast for 25.03 – 01.04 EUR/USD: Wave analysis and forecast for 25.03 – 01.04: The pair is undergoing correction. Estimated pivot point is at the level of 1.1340. Our opinion: Sell the pair from correction below the level of 1.1340 with the target of 1.1050 – 1.0820...
GBP/USD: Wave Analysis and Forecast for 25.03 – 01.04 GBP/USD: Wave analysis and forecast for 25.03 – 01.04: Downtrend has resumed. Estimated pivot point is at the level of 1.4507. Our opinion: Sell the pair from correction below the level of 1.4507 with the target of 1.36 – 1.34...
USD/CHF: Wave Analysis and Forecast for 25.03 – 01.04 USD/CHF: Wave analysis and forecast for 25.03 – 01.04: The pair is likely to decline. Estimated pivot point is at the level of 0.9912. Our opinion: Sell the pair from correction below the level of 0.9912 with the target of 0.95 – 0.9470...
USD/JPY: Wave Analysis and Forecast for 25.03 – 01.04 USD/JPY: Wave analysis and forecast for 25.03 – 01.04: Correction is nearing completion. The pair is likely to decline. Estimated pivot point is at the level of 113.84. Our opinion: Sell the pair from correction below the level of 113...
USD/СAD: Wave Analysis and Forecast for 25.03 – 01.04 USD/СAD: Wave analysis and forecast for 25.03 – 01.04: The pair is likely to grow. Estimated pivot point is at the level of 1.2914. Our opinion: Buy the pair from correction above the level of 1.2914 with the target of 1.38...
The finance ministry has not budgeted for any dividends from at least nine public sector banks during the next fiscal, in what is being seen as an indication that the government expects the finances of several lenders to remain under stress even during 2016-17...