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Dear Traders, Sterling is in a free-fall and the deprecation of the currency seemed not to be able to find solid ground. While selling the pound has become the most attractive trade, there is still a long way to go before the outcome of the U.K. referendum...
Analytics & Forecasts
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maimarfx, 24 February 2016, 12:44
ECB President Mario Draghi has already unleashed a sizeable wave of central bank stimulus, but it hasn’t been enough to combat the deteriorating outlook for inflation. Over the past two months, 5y5y inflation expectations have fallen 40bps, reaching their lowest level on record...
Analytics & Forecasts
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Vasilii Apostolidi, 24 February 2016, 12:00
Bears took #GPBUSD in their paws - the British pound have fallen sharply since the beginning of the week. Talks about the possibility of the UK from the European Union amid almost empty economic calendar, brought the quotes to the lowest level since March 2009...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 24 February 2016, 11:39 #Trading
After #Gold has reached a resistance line of a long-term downward trend, bulls calmed down. Soon a graphical pattern "symmetrical triangle" was formed. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 24 February 2016, 11:35 #Trading
After achieving the upper limit of an ascending channel earlier this month, EUR/USD has been showing a retracement. Weekly indicator is close to a resistance which suggests ongoing rebound since December seems to be running out of steam and upside is likely to remain capped...
Analytics & Forecasts
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Vasilii Apostolidi, 24 February 2016, 11:14 #GBP/USD, EUR/USD
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...
Analytics & Forecasts
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Fered Jason, 24 February 2016, 11:12
EUR/USD: Neutral: Daily closing below 1.0990 would shift outlook to bearish. EUR edged below 1.0990 (low of 1.0987) but closed higher at 1.1015. As highlighted yesterday, only a daily closing below 1.0990 would indicate further EUR weakness towards the next support at 1.0850...
Analytics & Forecasts
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Vasilii Apostolidi, 24 February 2016, 11:07 #usd/jpy, GBP/USD, EUR/USD
our Chart Analysis Dear all, Price has been coming down on the euraud 4 hour chart. We have been given a series of lower lows and lower highs. Now price is at the support zone of 1.51200 to 1.51800...
Charts
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Lahcene Ouled Moussa, 24 February 2016, 09:50
Decline of the British pound intensified when politicians started to express their opinions on the upcoming referendum. But the main pressure on the currency is likely to be put just before the vote. So how low can the pound drop? Find out experts' opinions at the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 24 February 2016, 09:04 #Trading, forex
USD remains the strongest currency fundamentally, and recent inflation data has only served to reinforce the Fed’s plan to tighten policy throughout the year...
Analytics & Forecasts
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Sherif Hasan, 24 February 2016, 08:53
In the 1H chart, the price is rebounding from the channel's upper line by a bearish divergence formation. It is currently broken below. It is expected to drop by the pair if it gains firm footing on the market...
Analytics & Forecasts
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Fered Jason, 24 February 2016, 08:00
Dear Friends, FORT Financial Services is one of the highest growing forex broker and day by day they are spreading their business all over the world. FortFS published rewarded bonus offer for all clients as a Chinese New Year Promotion offer. Now you can get more profit from your trading...
Analytics & Forecasts
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Pankaj D Costa, 24 February 2016, 07:16
GBPUSD: The pair extended its weakness on Tuesday leaving risk of more weakness on the cards. This is coming on the back of a break of its key support at the 1.4079 level. On the downside, support lies at the 1.3900 level where a break will turn attention to the 1.3850 level...
Analytics & Forecasts
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FXTechstrategy Team, 24 February 2016, 04:01
US home sales preview - Nomura 24 Februari 2016 1:52 AM Analysts at Nomura offered a preview for the key US data release in the New home sales coming up in the US session...
Market News
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Roberto Jacobs, 24 February 2016, 03:44
AUD/JPY attmepting to stablise but bearish 24 Februari 2016 1:42 AM AUD/JPY is recovering from below the mid point of the 80.0 handle after a sell-off from the resistance of the 20 sma on thew hourly chart overnight at 81.42 highs...
Currency
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Roberto Jacobs, 24 February 2016, 03:41
Market sentiment softening again? - ANZ 24 Februari 2016 12:53 AM Analysts at ANZ explained that the market sentiment softened overnight following weakness in Asia, softer US data and oil prices declining as the political ping pong on supply caps continued...
Market News
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Roberto Jacobs, 24 February 2016, 03:37
EUR/USD: cautiously bearish - FXStreet 24 Februari 2016 1:11 AM Ani Salama, economist at FXStreet noted the technical conditions surrounding EUR/USD form overnight as a foundation for the day ahead. Key Quotes: "EUR/USD briefly fell below the 1.10 mark and posted its lowest level in 3 weeks at 1...
Currency
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Roberto Jacobs, 24 February 2016, 03:34
EURUSD Daily Forecast: February 24 24 Februari 2016 1:37 AM EURUSD Forecast The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias, made another lower high and low. The bias remains bearish in nearest term testing 1...
Analytics & Forecasts
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Roberto Jacobs, 24 February 2016, 03:29
GBPUSD Daily Forecast: February 24 24 Februari 2016 1:34 AM GBPUSD Forecast The GBPUSD continued its bearish momentum yesterday, made a clear break below 1.4080 as you can see on my daily chart below and hit 1.3984 earlier today. The bias remains bearish in nearest term testing 1.3900 – 1...
Analytics & Forecasts
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Roberto Jacobs, 24 February 2016, 03:27
USDJPY Daily Forecast: February 24 24 Februari 2016 1:29 AM USDJPY Forecast The USDJPY had a bearish momentum yesterday and hit 111.75 earlier today. The bias remains bearish in nearest term testing 111.65 before retesting 110.96. Immediate resistance is seen around 112.30...
Analytics & Forecasts
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Roberto Jacobs, 24 February 2016, 03:25