All Blogs
The key event in the US is the February jobs report, though we draw emphasis on ISM PMIs as well. Job growth likely maintained a healthy clip; we expect a rebound to 190K, keeping the 3-month average change near 200K...
In the week to February 23, Yen longs increased, USD longs were cut back, Euro shorts were cut back and the GBP short actually shrank a little. The yen position highlights bearish risk sentiment...
EUR/USD: Turn to Bearish: Outlook turned bearish for a modest target of 1.0810. The neutral phase that has been in place for about 2 weeks ended last Friday. As highlighted in recent updates, a daily closing below the key 1.0990 would indicate the start of a sustained down-move in EUR...
Analysis : Channel Down identified at 26-Feb-19:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.103 within the next 6 hours. Resistance Levels : ( B ) 1.103Last resistance turning point of Channel Down. Support Levels...
Our general trade call for the week is to sell Cable and Kiwi on pullbacks (Kiwi may rally on oil gains however). The USD rallied during Friday’s NY session as Preliminary GDP and Personal Consumption Expenditures both smashed expectations. The headline for GDP beat estimates at 1...
What economic and political #events will be key this week? The week will bring so-called #SuperTuesday – primaries in many U.S. states. On Friday, the market will look forward to see #Non-Farm Payrolls and unemployment in the United States. Find out more by checking out the Source Link...
GBP/USD Attempting Gains After 500-pip fall 29 Februari 2016 6:44 AM The GBP/USD pair is attempting gains after heightened Brexit fears and strong US data led to a 533 pip fall last week. Focus on Economic data The focus could be back on economic data releases this week...
USD/JPY Weaker, Breaks Below 113.00 29 Februari 2016 6:37 AM The Japanese yen is gathering further steam at the end of the Asian session, dragging USD/JPY back below the 113.00 key support...
Daily Forecast GBPNZD 29/2/2016 As we got strong rejection from this logical support level that’s way, now we may set a Buy trade on 2.1027 level for the nearest resistant. You may set your TP for 2.17225 according to this chart and SL will be 2.05164...
Daily Forecast GOLD 29/2/2016 On the h4 chart, having the gartley and ab=cd harmonic patterns formed a reversal is in sight. If thes ituation continues, we will have more drops coming in the market. Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
JPY: Weak Underlying Inflation – Nomura 29 Februari 2016 4:55 AM Research Team at Nomura, notes that the all-Japan core CPI (general index excluding fresh food) was +0.0% y-y in January, in line with the consensus (Bloomberg survey median) forecast and down from +0.1% in December 2015...
Brexit: UK Rates Strategy – Deutsche Bank 29 Februari 2016 4:50 AM Jack Di Lizia, Strategist at Deutsche Bank, suggests that the increased focus on Brexit risk has dominated front-end and currency moves, but further out the curve the underperformance of UK cash is likely also a result of duration...
Pivot Points_Hourly Last Updated: Feb 27, 12:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09053 1.092 1.09295 1.09347 1.09442 1.09494 1.09641 USD/JPY 113.667 113.781 113.854 113.895 113.968 114.009 114.123 GBP/USD 1.38505 1.38568 1.386 1.38631 1.38663 1.38694 1.38757 USD/CHF 0.99311 0...
Eurozone: Sceptical Fixed Income Markets – Deutsche Bank 29 Februari 2016 4:19 AM Research Team at Deutsche Bank, suggests that the tightening of financial conditions in Europe is being reflected in weaker business surveys...
Gold Rebounds in Asia Amid Flight to Safety 29 Februari 2016 3:42 AM Gold futures on Comex reversed a part of Friday’s losses and resumed its recent bullish streak as risk-off sentiment returned to markets amid China stocks slump. Gold holds above $ 1220 Currently, gold trades 0...
EUR/USD downside opening towards 100-DMA? 29 Februari 2016 4:03 AM Having filled in the bearish opening gap over the last hours, the EUR/USD pair failed to sustain the recovery mode and reverted in the negative territory amid persistent risk-off environment. EUR/USD eyes 100-DMA at 1...
EURUSD Daily Forecast: February 29 2016 29 Februari 2016 3:00 AM EURUSD Forecast The EURUSD had a bearish momentum last week broke below the trend line support as you can see on my daily chart below. This can be seen as a bearish continuation scenario after formed shooting star formation...
GBPUSD Daily Forecast: February 29 2016 29 Februari 2016 2:57 AM GBPUSD Forecast The GBPUSD had a significant bearish momentum last week, broke below 1.4080 key support and hit 1.3841 earlier today. The bias is bearish in nearest term testing 1.3800 – 1.3750 region...
THE OUTCOME OF THE G20, CENTRAL BANKS BACK IN ACTION AND US EMPLOYMENT WILL KICK OFF MARCH February was supposed to be a quiet month...
NZD/USD Drops as Weak Data Inspires RBNZ Rate Cut Bets Talking Points: NZ Dollar gapped lower after a string of negative data releases Business confidence down most since October 2015, says ANZ Negative news-flow spurred RBNZ interest rate cut speculation...
