EURUSD: The pair may have closed slightly higher on the weekly chart the past week but faces corrective pullback threats. On the down, support lies at the 1.0500 level where a violation will aim at the 1.0450 level. A break of here will aim at the 1.0400 level...
The recent minor stalling of the USD rally is corrective in nature, in our view, and the USD uptrend should resume before long. Indeed, we suspect that investors may want to wait until after President Donald Trump’s inauguration before adding to their USD-longs...
First, a review of last week’s forecast: – Recall that in the first week of the New Year analysts demonstrated a unique consensus: 100% believed that the EUR/USD would fall to the 1.0350-1.04800 area. They turned out to be 100% correct. On Monday the pair crept up to the level of 1...
We first revised our forecasts to show EUR/$ downside in April 2014, on the rationale that economic outperformance would see the Fed raise rates ahead of the ECB, moving rate differentials against the single currency. At this juncture, our 12-, 24- and 36-month forecasts for EUR/$ stand at 1...
Traders in Financial Futures - Futures Only Positions as of January 09, 2017 Updated January 06, 2017 NO...
EUR/USD Resists at Prior Bear Flag Support Post-NFP Talking Points: - December Non-Farm Payrolls were released in the United States, and the headline print came in below expectations, but wage growth printed stronger at 2.9% versus an expectation for 2.5%. - The U.S...
Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Preview for NFPs as US Dollar Starts to Lose Traction Talking Points: DXY Index lost its range support at 102.05 yesterday; could fall as low as 100.50/55 in the coming sessions...
Previous: On Thursday euro trading closed up. After a correctional movement to 1.0483, the euro rose to 1.0615 against the USD. The dollar was under pressure after the release of employment data for the private sector and a sharp fall in the yield of American bonds...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, January 6th After a short period of consolidation, the GBP/USD pair is giving away a part of its gains on the back of US dollar’s correction against its main competitors...
USD/JPY – Yen Trading at 116, US Employment Numbers Next USD/JPY has posted slight gains on Friday, as the pair trades at the 116 line. On the economic front, there are no Japanese releases to wrap up the week...
DAX: Staying the Course Until Signposts Suggest Doing Otherwise What’s inside: The DAX is undergoing quiet digestion of Monday gains Sticking with the bullish trend until price behavior suggests otherwise Support and resistance levels highlighted...
US Dollar Selloff May Resume Following Payrolls Data Welcome to my products: https://www.mql5.com/en/users/soubra2003/seller Talking Points: US Dollar gains, retracing after a second day of heavy selling...
AUD/USD NFP Game Plan- Constructive Above of 7280 Talking Points AUD/USD targeting resistance ahead of NFPS Updated targets & invalidation levels Welcome to my products...
Silver Prices Rally Ahead of Friday’s NFP Release Talking Points: Silver Prices Rally Ahead of Friday’s NFP Release NFP Expectations are Set at 178k Silver prices are trading up this morning, as the US Dollar continues to sell off this week...
Pivot Points Daily Last Updated: Jan 5, 4:15 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.02372 1.03474 1.04163 1.04576 1.05265 1.05678 1.0678 USD/JPY 115.205 116.341 116.775 117.477 117.911 118.613 119.749 GBP/USD 1.20344 1.21668 1.22464 1.22992 1.23788 1.24316 1.2564 USD/CHF 1.00506 1.0141 1...
GBPUSD: Having the pair taken back its Tuesday weakness to close higher on Wednesday, more strength is likely in the days ahead. But beware of price hesitation. Support lies at the 1.2250 level where a break will turn attention to the 1.2200 level. Further down, support lies at the 1.2150 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, January 5th The Euro remains bullish this Thursday against its American counterpart leaving behind multi-year lows, witnessed at the start of this week...
Australian Dollar Ticks Up On More China PMI Gains Talking Points: China’s private service sector has joined manufacturing in recording strong December gains The world’s number two economy is heading into an uncertain year in pretty good shape AUD/USD had already put in some gains on Wednesday, a...
NZD/USD at Key Inflection Point- Strength to be Sold Sub-7075 Talking Points NZD/USD sets weekly opening range just below key inflection zone Updated targets & invalidation levels NZD/USD Daily...
