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The pair Trend is Bearish on both Monthly and Weekly time frame. Actual price is ranging around FIBO 61.8 Level on both time frames. On Monthly time frame price bounced on the 200 LMA. Suggestion to stay neutral. A breakdown of the 200 LMA at 85...
On Wednesday European stock-index futures were mostly in the green zone with only German DAX in the negative territory after the Volkswagen shares saw a grinding fall...
Nomura made a forecast for NFP which will be issued this Friday expecting actual data to be 155K compare with 142K past data...
Since the latest European Central Bank press conference in which President Mario Draghi stated an open willingness to consider adjusting interest rates and asset purchases to reflect prevailing economic conditions the euro has fallen precipitously...
Gold prices edged higher Wednesday but were still near five-week lows, as investors awaited important U.S. data later in the day for further cues on the strength of the economy and the likelihood of a near-term interest rate increase...
Japanese stocks soared on Wednesday after Japan Post Holdings Co. jumped over 15% in its trading debut, while Chinese shares were elevated after upbeat data...
The shared currency was pressured lower Wednesday by the prospect of more easing measures from the European Central Bank...
On Wednesday the Australian dollar edged higher in Asia on better-than-expected trade data and expected retail sales, while its New Zealand counterpart dipped after weak employment numbers...
M5 price is on breakdown: the price broke SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) from above to below to be stopped by 1.0946 support level in the bearish area of the chart. If the price breaks 1...
USDJPY: With a second day of recovery seeing the pair closing higher on Tuesday, further bullishness is envisaged. It was seen following through higher during early trading today. Beware of the 121.50/73 area because it is key to any full blown bullish offensive...
Goldman Sachs made a review of fundamental expectation and some forecasts concerning the EUR/USD pair movement this week started once again about 1.05 bearish target for this pair to be very real one: past events: September 4, 2014, the ECB press conference...
Hello traders, and welcome to the already started trading week...
Despite the general bearish sentiment towards gold, which was fueled after the metal hit a four-week trough on Monday, one German bullion dealer maintains upbeat forecasts...
Skandinaviska Enskilda Banken made some technical analysis for EUR/JPY estimated the weekly bearish reversal for EUR/JPY. As we see from the image above - the price is ranging within 100 period SMA and 200 period SMA between Fibo resistance level at 141.05 and support level at 131.59...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We prefer to fade upticks against resistance in the 1.1100 area. A move below 1...
Famous economist Mohamed El-Erian said in an interview with CNBC he puts the risk of a recession in the United States at 25 percent to 30 percent...
Eric Theoret, CFA, CMT FX Strategist at Scotiabank explained that USD/JPY risk is centered on the outlook for relative policy as market participants consider the prospect of a normalizing Fed in contrast to an accommodative BoJ...
European Central Bank President Mario Draghi is due to speak during the European evening, at 19:00 GMT and investors will be paying close attention for further clarity regarding a possible action in December Latest ECB meeting raised speculation the ECB could expand its QE program in December...
Analyst at ING, James Knightly, explained that yesterday’s surprise jump in the manufacturing PMI is at odds with other survey evidence suggesting sterling strength and weak external demand is holding back the sector...
