Result Forecast EURUSD 17.2.2016 ( 25.2.2016 ) +130 Pips Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
Today the USA will publish the data on durable goods orders. The market closely eyes statistics from the United States, because it helps #investors to make conclusions about when the Fed will raise the rate. Find out more by checking out the Source Link...
Daily Forecast CHFJPY 25/2/2016 On the H4 chart, the price is moving inside a bearish channel. Breaking the trend line brings the expectation to have a rise. Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
EURUSD Daily Forecast: February 25 2016 25 Februari 2016 1:27 AM EURUSD Forecast The EURUSD had another indecisive movement yesterday but hit another fresh low since formed the shooting star formation, bottomed at 1.0957. The bias remains bearish in nearest term testing 1...
GBPUSD Daily Forecast: February 25 2016 25 Februari 2016 1:24 AM GBPUSD Forecast The GBPUSD continued its bearish momentum yesterday, bottomed at 1.3878. The bias remains bearish in nearest term testing 1.3800. Immediate resistance is seen around 1.3965...
USDJPY Daily Forecast: February 25 2016 25 Februari 2016 1:22 AM USDJPY Forecast The USDJPY attempted to push lower yesterday bottomed at 111.04 but whipsawed to the upside and closed at 112.16, formed a Doji/Pin bar on daily chart as you can see on my daily chart below...
USDCHF Daily Forecast: February 25 2016 25 Februari 2016 1:19 AM USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains bearish in nearest term testing 0.9820/00 region. Immediate resistance is seen around 0.9950...
USDJPY: With the pair rejecting lower level prices to close higher on Wednesday, USDJPY eyes more corrective recovery. This view remains valid as long as the 111.03 support zone remains unbroken. On the downside, support comes in at the 111.50 level where a break if seen will aim at the 111...
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The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, EUR/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Nearby resistance in the 1.1050 area (200-dma) helps provide selling interest for a move lower. Below 1...
Risk-off in equity markets has added to further upward pressure on the JPY, notes Morgan Stanley. "As the JPY strengthens, the Japanese pension funds and banks start to get worried,as thereis the potential for their foreign investments to start to lose money just on an FX basis...
Japan's MoF has long maintained that as the yen is a major currency alongside the dollar and euro, forex market intervention should be avoided as much as possible, notes Deutsche Bank...
There’s no news of note on the UK referendum. UK business is coming out strongly in favour of staying in, but the outcome remains too close to call. GBP/USD has fallen through 1...
On our h4 chart the price is playing bearish and a positive divergence is on sight with the price rebounding up.We are expecting to have a surge if the demand fuels up across the market. Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: The heavy tone from last week remains intact and the pair dipped below 1.10 yesterday...
Risk sentiment worsened overnight as oil remained under pressure on the back of oversupply concerns and Fed Vice Chair Fisher reiterated his view that the bout of market uncertainty could be temporary and thus need not derail the economic recovery or hold the Fed's tightening cycle in its tracks...
US New Home Sales (Jan) - Wed 2/24 - 10:00 AM ET New home sales are likely to fall 5% to 517,000 in January, after the 10.8% pop in December. We suspect the sharp gain at the end of last year owed to the abnormally warm winter weather...
Lee Hardman, Currency Analyst at MUFG, suggests that the pound and the euro to a lesser extent remain under downward pressure against the other major currencies as the market continues to build in a higher Brexit risk premium. Key Quotes “It has resulted in cable breaking below the 1...
Research Team at Deutsche Bank, suggests that yesterday’s Fedspeak offered some interesting contrasting comments...
