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USDJPY: Having taken back all of its intra day gains to close flat on Monday and triggering a corrective weakness on Tuesday, USDJPY remains weak and vulnerable on pullback in the days ahead. On the downside, support comes in at the 122.00 level where a break if seen will aim at the 121.50 level...
Dear Traders, The euro was initially supported by better than expected eurozone PMI reports but the moderate upward trend did not discourage dollar bulls from pushing the common currency for another test of 1.06. For the time being, the 1.06 barrier was able to withstand the downward pressure...
On Tuesday gold prices slightly recovered but remained near the prior session's five-and-a-half-year low as investors anticipated the release of revised U.S. third quarter economic growth data later in the day for a fresh reading on the strength of the economy...
Trading recommendations and Technical Analysis – HERE! On the eve of Thanksgiving in the U.S. on Thursday and subsequent weekend, many market participants reduce their long positions on US dollar...
The pound sterling was unchanged against the dollar, but lower versus the euro after industry data showed that U.K. CBI realized trades fell unexpectedly last month...
Volkswagen AG said it has been approved to repair about 70% of its rigged diesel engines and reached a deal with U.S. regulators to resubmit suspicious software in other vehicles for review...
Media reports that the Turkish military have shot down a Russian-made plane near the Syria border are weighing on the markets...
Apple Inc. is planning to launch its new Apple Pay electronic-payment service in China by early February, says the Wall Street Journal referring to people familiar with the matter. But the U.S. tech giant risks being eaten by local sharks. Apple's stock was down 1.3% at $117...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0658. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0623. The selling zone starts from this level...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5139. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5115. Selling zone below this level. GBPUSD could be sold at any levels below 1.5115...
AUD/USD: ranging bearish. The pair is located below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bearish market condition for the ranging within the following key bearish levels: 0.7381 resistance level, and 0.6907 support level...
On Tuesday the yen and the Aussie gained in Asia after the release of solid Japanese manufacturing data and as investors eyed comments in a letter released by the Federal Reserve chief...
Barclays Capital made a quick technical EUR/USD forecast for this week: "We are looking for a move lower towards targets near 1.0520 and then the 1.0460 year-to-date lows." Let's evaluate this forecast concerning the technical point of view using Metatrader...
Ichimoku analysis. Weekly price is on bullish market condition for the ranging near bearish reversal area of the chart: the price is located near and above Ichimoku cloud and 'reversal' Sinkou Span line which is the border between the primary bullish and the primary bearish on the chart...
EURUSD: Having rejected lower prices to close flat on Monday, EURUSD corrective recovery risk is now expected. This is coming on the back of the pair’s past week losses. We expect a recovery higher to build up in the days ahead. On the downside, support lies at the 1...
EUR/USD price seems to be going down to 0.88 without any upward retracement. Have closed my BUY orders and entered SELL orders, as the eurusd price was near the day's opening price and close to a high ZZ in M15 time frame...
With the gold price ranging in the past few days, the level 2 set up is slowly turning into a SELL set up. As the gold price was near the day's opening price and near high ZZ in M15, closed the BUY orders and entered SELL orders...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The break below support near 1.0615 encourages our bearish view. We are looking for a move lower towards targets near 1...
