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Weekly price was bounced from 5008 key bullish reversal support to eb back to Ichimoku cloud for now so the price is on ranging area of the chart for the waiting for the direction of the trend...
U.S. stocks opened higher Wednesday ahead of minutes from the Federal Reserve. Market players were also evaluating data from the U.S. housing market, as well as comments from Federal Reserve officials...
W1 price is continuing with bullish breakout for trying to break 3.9864 resistance level from below to above for the breakout to be continuing...
Stocks in Europe mostly lost ground Wednesday, but kept their losses in check after a police raid in Paris that ended in two deaths...
What is the length of Australia's coastline? 12,500 km, 25,700 km or more? Well, the three answers are correct! It's weird but actually very simple to explain. It just depends on the size of the measuring stick...
EURUSD: With EUR extending its weakness to close and hold below the 1.0673 level on Tuesday, further downside pressure is envisaged. This will leave its key support located at 1.0519 level as its main target...
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...
China's President Xi Jinping has tried to reassure investors that the country’s economy will keep growing despite a recent slowdown...
Trading recommendations and Technical Analysis – HERE! Today at 15:30 (GMT) US Department of Energy publishes data on changes in stocks of crude oil and petroleum products in the country over the last week...
Dear Traders, While the euro is clearly pointing downwards facing the 1.0620-area, the British pound showed its strength and climbed up to 1.5239 on a slight improvement in U.K. consumer prices. However, for sterling breakout-traders it was yet another day of loss making sideways moves...
Skandinaviska Enskilda Banken estimated the real bearish target for this pair as 1.0481 in the near future with stated that the price will be moved to 1.05/1.04 area soon. Let's evaluate the situation with the technical points of view...
Although Fed Chairwoman Janet Yellen has taken a hawkish stance in her recent speeches, Craig Nicol from Deutsche Bank believes the odds of a rate increase in the U.S. are actually falling...
The British currency rose after the deputy governor of the Bank of England for monetary policy warned investors about "focusing too obsessively" on the inflation targets when considering when interest rates may rise...
On Wednesday gold prices dropped to a five-and-a-half-year low, as market players awaited minutes from the Federal Reserve's latest policy meeting later in the day...
On Wednesday oil prices edged higher on reports of declining stockpiles and higher refinery activity. However, analysts warn that the market would be pressured for the rest of 2015 and further in 2016...
EUR/GBP: weekly breakdown. This pair is on bearish market condition located below Ichimoku cloud in the primary bearish area of the chart. The price is breaking 0.7039 support level from above to below on close weekly bar for the bearish breakdown to be continuing with 0...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0674. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0640. The selling zone starts from this level...
The next major tradable event is release of meeting minutes from the FOMC’s recent decision on monetary policy (7:00pm GMT). Our long-dollar bias remains intact. Current Market Sentiment: During yesterday’s NY session US CPI came in close to expectations overall; headline CPI for October was 0...
The Australian dollar fluctuated between small gains and losses on Wednesday as wage-price data came in as expected. Meanwhile, global stocks were mixed after the news a football stadium in Germany was evacuated on suspicions of a new act of terrorism...
GBPUSD: The pair failed to follow through lower on the back of its Monday losses to close higher on Tuesday. This price action now sees the pair eyeing further a move higher. On the upside, looks to retarget the 1.5254 level where we may see a price halt. Further out, resistance resides at the 1...