AUD/JPY: bearish breakdown. Citigroup made a technical and fundamental forecast suggesting to sell AUD/JPY with 84.25 as a target and 86.91 as a stop loss. As we see from the chart below - the price is located below Ichimoku cloud in the bearish area of the chart for the ranging between 88...
The #NewZealand #dollar has slightly increased after #RBNZ comments. The report of the CB showed that it's not going to lower interest rates in the near future. This pushed the #kiwi up, but the growth is limited with the strong U.S. dollar. Find out more by checking out the Source Link...
Chief Market Analyst (FXTM) Saying: Markets are set to wake up to concerns over a slowing China economy for the third successive day following annualised Industrial Production data slipping below expectations a few hours ago...
EUR/JPY: bearish breakdown. The price is located below Ichimoku cloud in the bearish area of the chart for the ranging: price is breaking 131.44 support level for the bearish breakdown to be continuing: If the price breaks 131...
In #Portugal the center-right coalition lost its absolute majority in #parliament and now the power in the country is in hands of socialists, the left bloc, communists. Experts are afraid that the country will repeat the Greek scenario. Find out more by checking out the Source Link...
The price is on bearish reversal: the price broke Ichimoku cloud and 'reversal' Senkou Span line from above to below to be reversed from the primary bullish to the primary bearish area of the chart. W1 price is on breakdown with the bearish reversal: The price is breaking 1...
USDCHF: USDCHF continues trade above its major support the 1.0000 level, further strength is envisaged. This view remains above the mentioned support despite its price hesitation. On the upside, resistance resides at the 1...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: The move below the 1...
Brexit or not to Brexit Reality hit home yesterday as risk aversion set in causing equities to sell off but FX markets had a placid session in the absence of any major economic data releases...
Pre US Open, Daily Technical Analysis Tuesday, November 10, 2015 EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the downside prevails. Pivot: 1...
AUD/CHF: rally to reversal. This pair is on bearish market condition for the secondary market rally as the local uptrend within the bearish market condition. The price was stopped by 0.7164 resistance level and Ichimoku cloud for the rally to be continuing up to the bullish reversal...
Goldman Sachs's chief U.S. equity strategist David Kostin and his team of analysts project that 54% of total spending amount will go into development activities such as capital expenditure, research and development, and mergers and acquisitions - up 3% compared to 2015...
Trading recommendations and Technical Analysis As reported today, the International Energy Agency (IEA), by 2020 shale oil in the US will recover and rise to a new peak of 5 million barrels a day...
We have fixed a result of a short position in #GPBUSD with a large #profit. At the moment we are out of the market, but always ready to enter into a new position with an appropriate signal. Find out more by checking out the Source Link...
A position of the single currency did not improve so we continue to hold a short position in #EURUSD. Meanwhile, we have some additional #signals from #indicators. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Deutsche Bank explained 3 fundamental reasons for short GBP/USD: short-end rates of UK vs. US rate hikes, absent rate support and UK’s current account deficit since 2011. It is stated that "this mechanically implies the cross below 1.50." But there are 4 technical reasons to sell GBP/USD: #1...
#Gold rose slightly after the weak data on consumer price index in China, which could mean new measures to stimulate the Chinese #economy. However, gold remains at three-month lows on expectations related to #Fed rate hike the next month. Find out more by checking out the Source Link...
Trading recommendations and Technical Analysis – HERE! After entering the information about what OPEC does not want to reduce the volume of oil production, the oil price falls...
EURUSD: The pair’s attempt on the upside was rebuffed by the bears on Monday to close slightly higher. This development leaves the risk lower in the direction of its broader downside bias. We look for more weakness to occur towards the 1.0700 level. Further down, support lies at the 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, AUD/USD, USD/CAD. EUR/USD: is trading heavy after more dovish ECB news yesterday halted the corrective rally at 1.0777/1.0790, which is the first resistance...
