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01 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:00 Final Manufacturing PMI EUR Med. 52.3 52.3 Neutral 09:30 Manufacturing PMI GBP High 51.9 51.8 Negative 13:30 Core PCE Price Index m/m USD Med. 0.1% 0...
#Copper fell to the 1-week low after the publication of the weak data on #business activity in the manufacturing sector of China. In January the #metal has lost 3% on worries related to the second world's largest #economy. Find out more by checking out the Source Link...
There is no trade call for the session as Chinese PMI’s didn’t offer a probable opportunity, and Asian equities have started the week mixed giving no clear risk sentiment. We will wait for clear sentiment developments, or high impact macro data...
This week the key #event will be the release of the employment data in the United States, scheduled for Friday. #Traders will look forward to see this statistic to understand whether the U.S. economy is ready for new stages of the rate hike. Find out more by checking out the Source Link...
Hi, Here is the high impact news schedule for this running week which may effect on the currency market. Stay safe during this news time or enjoy your profitable news trading. News schedule for February 1 – February 5, 2016 and mentioned time is NY Time. Monday, February 1, 2016...
EURUSD caved last week after once again testing channel resistance that extends off the December 2015 high at 1.1058. A closer look at the 4-hour chart shows a bearish pin bar that formed following a retest of the key level, a trade that several of our members were able to capitalize on...
The slow-motion crisis of the European Union finally seems to be coming to a head. “Europe could lose its historical footing and the project could die quickly,” French Prime Minister Manuel Valls warned in a speech at this year’s World Economic Forum in Davos, Switzerland...
GOLD: Having the commodity continued to hold on to its recovery strength, GOLD looks to build up on recovery strength above the 1100.00 zone. On the downside, support comes in at the 1110.00 level where a break will turn attention to the 1100.00 level...
Canada-specific data is in short supply over coming days but there are significant clues written in the charts which will provide us with guidance...
The stock market timers with the best records are bullish, on balance, while those with the worst records are bearish. That’s the surprisingly good news to emerge from my survey of the several hundred stock market timers monitored by the Hulbert Financial Digest...
The shortest month may prove the longest one for financial markets this year. February lacks a single scheduled opportunity for the Federal Reserve, European Central Bank or Bank of Japan to reset monetary policy, in part because some policy makers decided last year to meet less frequently...
Here’s the market outlook for this week:: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Neutral Price went up from the support line at 1.0800 and reached the resistance line at 1.0950. From that resistance line, price dropped 120 pips...
This article is most important for the newbies in forex market. I am writing here about better way to practice forex trading. Hope this concept will help you to learn real and stable trading. Keep in mind, your practice is the main key to get better result in any sector...
EUR/USD: Wave analysis and forecast for 29.01 – 05.02: The pair is undergoing; the rise in the pair is possible. Estimated pivot point is at the level of 1.0786. Our opinion: Buy the pair from correction above the level of 1.0786 with the target of 1.1150 – 1.1250...
Last week, COSMOS4U Ad MACD Indicator, triggered a successful buy signal for EURUSD currency pair, at 1, 0819 as there was a marked pick in market confidence, with the EUR to USD exchange rate closing at 1.08961 this position. Ad MACD parameters for EURUSD last week were 49, 126,7...
Last week, COSMOS4U Ad MACD Indicator generated a successful bearish divergence signal, followed by a sell signal for XAUUSD spot price, at 1124.48, while the closing price at 1117.62 marked entrance to a new long position. Ad MACD parameters for XAUUSD last week were 25, 148,8...
EURUSD: With EUR taking back most of its earlier gains for the week to close marginally higher on Friday, EURUSD eyes key support at the 1.0710 level. On the downside, support is located at the 1.0750 level and if violated, expect more weakness to happen towards the 1.0700 level...
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In the coming period only the article "Ranking & Ratig List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to publish all the articles again in February. Thanks for your understanding...
EUR: Temporary Strength. Bullish. We are tactically bullish on the EUR despite the ECB essentially preannouncing further easing measures in March. A lot is already priced into the curve, with the markets currently expecting a 10bps reduction in the deposit rate from Draghi...
