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The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The close below 1.0805 helps to endorse our bearish view towards initial targets towards 1.0710...
AUDUSD: With AUDUSD remaining and vulnerable to the downside, further weakness is envisaged. On the downside, support resides at the 0.6950 level where a breach will aim at the 0.6900 level. Below that level will set the stage for a run at the 0...
Our position to buy #USDJPY from 117.47 currently gives more than 100 points of floating #profit. Growth of #stocks and #oil recovery stands in good stayer for risky #assets. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Despite the repeated crossing of the red Alligator's line, #Gold did not close below it, and it means that our position to buy remains relevant. Meanwhile, #indicators give signals to add volume. Find out more by checking out the Source Link...
Currency investors should consider selling GBP/CAD this week, advises Morgan Stanley in its weekly FX pick to clients. "We like selling GBPCAD, underlining the tactical nature of this trade. We remain oil-bearish, but cannot ignore market positioning leading to a further oil price squeeze...
Market-watchers have been talking up sterling as market modes shift from highly unstable to more balanced - a characteristic expected to support the pound, especially against the euro and the dollar...
Dear Traders, The biggest story Friday was the sharp rise in the GBP/USD. After hitting a fresh five-year low at 1.4079 on Thursday, the currency pair rallied towards 1.4365 despite Friday’s weaker-than expected retail sales report...
Investor risk sentiment is improving thanks to the ECB, who hinted at more monetary easing as early as March. The news could be good for the pound sterling while weighing on the euro. In the short-term high risk currencies are likely to be better supported then their safe haven bretheren...
Quotes of #USDCAD closed in the red zone the third day in a row, thus going beyond the short-term rising channel borders. As a result, at the weekly chart we see the reversal candlestick formation "bearish engulfing". Find out more by checking out the Source Link...
#EURUSD continues to decline, almost reaching the levels established as a result of emotional sales after the #ECB meeting. Currently, the reduction is more systematically. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Good Evening Forex Friends Today market is range bound and moving between small support and resistance zone and forming a symmetric triangle in 15 mint chart.Symmetric range is getting more close and we will have to see where it will break either upside or downside...
Last week finished with a turnaround in sentiment, with risk appetite being boosted by a rally in oil. WTI has lifted over $5 from lows which has helped commodity currencies rally; USDCAD is down 580 pips from the pre-BOC highs...
This week in #Forex will be saturated, as 3 central banks at once are holding their meetings and one of them is the U.S. Fed. No one expects that the Fed will raise the #rate again, but everyone is interested in how #Yellen will comment on the situation in the USA and the world...
Pre European Open, Daily Technical Analysis Monday, January 25, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: capped by a negative trend line. Pivot: 1...
Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 07:45 ECB President Draghi Speech EUR High - - Neutral 08:00 French Flash Manufacturing PMI EUR High 51.4 51.6 Negative 08:00 French Flash Services PMI EUR High 49.8 50...
The theory of CFD trading is very simple, buy low and sell high, but executing that theory requires some practice.Since most CFDs are traded OTC, you are dealing directly with the broker. Most contract terms can be negotiated since no standard set of terms exist...
“The Market’s primary job is to instantly find that exact place where this is an equal disagreement on value and an agreement on price...
NFP = non farm payroll (USA) Why is NFP Important for CFD Trading? Non-Farm Payroll or NFP is a critical economic news print, here’s a quick guide on understanding and trading NFP with CFDs...
