All Blogs
AUDGBP: Risk premium on sterling in H1 – Westpac 23 Februari 2016 4:07 AM Sean Callow, Research Analyst at Westpac, suggests that the Sterling has sustained heavy damage now that the stage has been set for 4 months of UK political division and business uncertainty over Britain’s place in the EU...
EUR/USD extending the recovery from 200-DMA 23 Februari 2016 3:45 AM The main currency pair holds onto the key 200-DMA support placed at 1.1025 and now attempts a minor-recovery few pips shy of 1.1050 levels. EUR/USD rises as USD weakens Currently, EUR/USD trades 0.14% higher at 1...
Gold rebounds in Asia on flight to safety, eyes 200-DMA 23 Februari 2016 3:13 AM The bullion staged a solid comeback in the Asian trades, having found good support just ahead of $ 1200 mark, as risk-off sentiment returned to markets on renewed oil price decline. Gold: 200-DMA on sight at $ 1220...
AUD/JPY bounces-off key support, back above 81 23 Februari 2016 2:39 AM The AUD/JPY pair halted its downslide just below the crucial support placed near 80.85 region and witnessed a quick recovery above 81 handle. AUD/JPY recovers as yen pares gains Currently, the AUD/JPY pair trades -0.45% at 81...
USD/JPY: Nasty 100 pips sell-off takes rate to 112.00 23 Februari 2016 2:15 AM USD/JPY has extended its sharp fall in Asia, with sellers pushing the price well past the 112.50 handle now, setting new lows at 112...
USDJPY Daily Forecast: February 23 23 Februari 2016 2:22 AM USDJPY Forecast The USDJPY attempted to push higher yesterday topped at 113.38 but whipsawed to the downside and hit 112.00 earlier today. The bias remains bearish in nearest term testing 111.65 area before retesting 110.96...
USDCHF Daily Forecast: February 23 23 Februari 2016 2:19 AM USDCHF Forecast The USDCHF had a bullish momentum yesterday topped at 1.0003. The bias is bullish in nearest term. I think price is still in my “sell zone” with a tight stop loss above 1.0030/50 targeting 0.9600 region...
USDJPY: With the pair remaining weak and following through lower on Tuesday trading session, further weakness is envisaged. On the downside, support comes in at the 111.50 level where a break if seen will aim at the 111.00 level. A cut through here will turn focus to the 110...
Sterling has come under heavy selling pressure as the debate on whether to remain in or leave the EU appears to be increasingly polarised, notes Australia and New Zealand (ANZ...
EUR/USD breakout of its short-term range between 1.1061 (Dec. 15 high = potential wave 1 top) and 1.1432 (minor 76.4 %) provides fresh directions, says JP Morgan. EUR/USD break below 1...
The following are the latest technical setups for EUR/USD, USD/JPY, EUR/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The move below our downside targets near the 1...
EA can assist traders and here are the results to prove it. https://www.mql5.com/en/market/product/14073 Winsor Hoang is the developer of ”Robust Trader’s 20 EAs EURUSD”, and he is an automated trading researcher since 2003...
GBPUSD: The pair sold off strongly during Monday trading session leaving risk lower towards its key support at 1.4079. On the downside, support lies at the 1.4050 level where a break will turn attention to the 1.4000 level. Further down, support lies at the 1.3950 level...
Currency investors should consider selling EUR/JPY this week, advises Credit Suisse in its weekly FX pick to clients. Rationale: Our economists expect several pieces of weak European data this week...
Risk assets traded somewhat better last week and into the open this morning, and equity volatility is receding. Investors are starting to see the glass as half full. We continue to judge the economic outlook as healthier than what the rate and credit markets in particular currently discount (e.g...
Good Morning Forex Friends We were looking for weekly closing and it was hanging man candle stick closing.That indicating the bearish move this week.I am sharing weekly , daily and 4 hour chart to give my bearish view this week...
This week the G10 FX Financial Scorecard recommends buying CHF, GBP and EUR while selling JPY, NOK and SEK (see suggested weights in portfolio in table below). Last week’s signals resulted in a 0.75% loss. In particular, the long GBP and short JPY positions were expensive...
The G20 summit is the most important event of the week and could become a key driver of the G10 FX markets. The G20 finance ministers and central bankers will discuss ways to respond to the latest global growth slowdown and the resulting turmoil in the global markets...
Why it is not fashionable and prestigious to be a trader on Forex market? In this article, I want to talk about the following questions: Why the Forex market and trading in it has such a bad reputation? Why to be a FX trader is not fashionable, not prestigious...
