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GBPUSD Sees Bear Threats, Targets The 1.5166/33 Zone GBPUSD: GBP faces downside pressure following its rejection candle print on Friday. This was formed after unsustained rally and the pair looks to weaken further having given away most of its intra day gains during Monday trading session...
Just before the London open, shares in Glencore in Hong Kong were up 31%. In London, its shares had a volatile opening earlier today, climbing as much as 20 per cent before settling back to a 12 per cent gain at 106p...
W1 price is on bullish market condition located above Ichimoku cloud and above 200 period SMA (200 SMA) and 100 period SMA (100 SMA): Ichimoku cloud is located far below the price which makes the reversal of the price movement to the primary bearish market condition to be very unlikely in the nea...
In 2015, investors have withdrawn a record amount of gold from the Shanghai Gold Exchange, the world's biggest spot bullion market, which contributed to signs that demand in China is regaining ground after a stock market rout and a shock devaluation of the yuan...
The euro area's economic momentum risks slowing after expansion eased in September, Markit Economics reported earlier...
The coming week will be full of closely-watched economic events following the downbeat non-farm payrolls report from the U.S which dampened expectations that the Fed will hike interest rates as soon as this year. The U.S...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, October 5th GBP/USD is rising after the disappointing Non-Farm Payrolls data of Friday when the number of people in jobs rose considerably slower than expected in the US...
On Monday the dollar maintained its gains since last week against the yen in Asia trade, as investors remained cautious before the Bank of Japan wraps up its policy setting meeting later this week...
Daily price is on bearish market condition for ranging between the following key support/resistance levels: 1.1713 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart; 1...
For today R4 - 0.6627 / R3 - 0.6561 / R2 - 0.6514 / R1 - 0.6485 SPOT 0.6440 S1 - 0.6341 / S2 - 0.6289 / S3 - 0.6237 / S4 - 0.6130 SHORT AT 0.6465 FOR 0.6130; STOP AT 0.6505 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
Weekly price is on bullish market condition with the secondary ranging within the following key support/resistance levels: 100.39 located above Ichimoku cloud in the primary bullish area of the chart, and 92.62 located inside Ichimoku cloud in the ranging bearish area of the chart...
Gold going down to 1077. Expecting the gold price to 1077 and further below from this week. If this week's candle does not go below last week's low then there is a remote chance that the gold price might go up from next week...
GOLD: With GOLD taking back larger part of its past week losses to close marginally lower, further recovery could follow. While it holds above the 1098.00 level, its key support, our bias remains in the short term. On the downside, support comes in at the 1100...
USD/BRL: The downsides prevails. My preference: Short positions below 4000 with targets 3900 and 3800 in extension. Alternative scenario: Above 4000 look for futher upside with 4100 and 4200 as targets. Comment: Santo Indicator is red and below the band. It is evidence of bearish environment...
USD/BRL (Swing Trade) Bullish bias above 3800 and 3900. Our preference: Long positions above 3800 with targets at 4060, 4340 and 4700 in extension. Alternative scenario: Bellow 3800 look for futher downside with 3700 and 3500 in extension. Comment: Santo Indicator strong and above the band...
The bond market is not expecting the first Federal Reserve interest-rate hike in nine years until at least March...
EURUSD: Having EUR taken back almost all of its past week gains to close slightly lower, risk of a follow through to the downside is now developing. While the 1.1295/80 zone holds as overhead resistance, we look for weakness to occur. Support lies at the 1...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
