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The following are UBS' latest short-term trading strategies for EUR/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: continues to move lower and the year's low is not that far away. We expect pressure to persist ahead of next week, although short-term accounts will likely be happy to book some profit...
W1 price is located to be above yearly Central Pivot at 114.36 and below R1 Pivot at 127.96 in the primary bullish area of the chart: The price is on bullish ranging between Central Pivot level at 114.36 and R1 level at 127.96; The price is breaking 123.59 resistance for 125...
Analysts at banks from Goldman Sachs to UBS and Bank of America say that developing-nation assets are bottoming out after suffering three years of losses in currencies and stocks...
GBPUSD: Having GBP extended its weakness during Monday trading session, it looks for further decline in the days ahead towards the 1.5026 level. This is consistent with its downside pressure triggered off the 1.5309 level, its Nov 20 2015 high. Support lies at the 1...
W1 price is located above 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bullish with secondary ranging between 100.39 resistance level and 93.81 support level. The price broke intermediate resistance from below to above for psy level at 100.00 as the next bullish target...
U.S. stock futures struggled between gains and losses on Monday as oil prices gave up most of their gains earlier, while shares of Pfizer Inc. and Allergan PLC were down over 2% after the companies concluded a merger deal that will create the world’s largest drug maker by sales...
Profits from S&P 500 firms have fallen by about $25 billion in the first three quarters of 2015, and a further fall is expected before the year-end, says Bloomberg, as energy companies struggle with lower oil prices and a steep rally in the dollar hits exporters...
Oil prices turned around to rally on Monday after the Saudi Arabian cabinet said in a statement the kingdom remained ready to work with non-OPEC producing and exporting countries to stabilize prices...
Trading recommendations and Technical Analysis – HERE! In anticipation of the December fed meeting increasingly on the markets growing confidence in higher interest rates in the US. In response to these growing expectations, the dollar, and declining prices for precious metals, including gold...
Click here to see previous forecast. EURUSD 15 min. chart - forecast checking: EURUSD 1 hour chart - forecast checking: EURUSD 4 hour chart - forecast checking: EURJPY 15 min. chart - forecast checking...
Gold bounced more than $20 an ounce since Wednesday’s multi-year low, but lost ground again on Monday hurt by the strong greenback...
The eurozone PMI report issued today has shown that the regional economy is gaining momentum. The report has signaled that Europe’s factories are lagging behind service sector firms, which is an indicator of the weakness in the global economy, which has left Europe more reliant on domestic demand...
W1 price is on bullish market condition with the secondary correction: the price is located to be above Ichimoku cloud with the local downtrend as the correction within the primary bullish market condition. The key support level at 1...
Dear Traders, The U.S. dollar advanced to new highs against the euro and British pound. The greenback resumed its uptrend in expectation the Fed will hike next month while other central banks are biased to ease. The euro weakened toward a fresh low of 1...
The euro bounced off seven-month lows hit earlier after a string of economic reports showed a mixed picture of the euro zone economy...
On Monday copper prices fell to the lowest level since May 2009, as the possibility of higher interest rates in the U.S., a broadly stronger greenback and slower global economic growth, especially in China, weighed on the the non-ferrous metal market...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0654. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0629. The selling zone starts from this level...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5204. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5169. Selling zone below this level. GBPUSD could be sold at any levels below 1.5169...
New bullish trend in closing bar inside an overbought situation. This could be an opportunity to enter long with first target on R2 ( 0,98450) and second target on R3 (0,99876) New bearish trend in closing bar inside an Oversold situation...
