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The Royal Bank of Scotland evaluated some scenarios concerning NFP for today (September 4 at 13:30 GMT). "250k to 300k: Long USD/CHF." "200k to 250k (Base-Case): Short EUR/USD." "150k to 200k: Short USD/CAD." "150k or below: Short USD/JPY...
Have been expecting the formation of a 'W' zz formation in H4, but didn't expect the price to come to the current level. Probably the W looks more like a W at this price level. If the price goes below the previous low of 1.101, then it is going to be a free fall for the next few weeks...
Have been expecting the formation of a 'W' zz formation in H4, but didn't expect the price to come to the current level. Probably the W looks more like a W at this price level. If the price goes below the previous week's low, then it is going to be a free fall for the next few weeks...
On Friday the euro was slightly higher, although near 2-week lows pressured by Mario Draghi comments a day before. Meanwhile, market players were awaiting upcoming U.S. data...
For today R4 - 0.6561 / R3 - 0.6519 / R2 - 0.6480 / R1 - 0.6409 SPOT 0.6370 S1 - 0.6295 / S2 - 0.6232 / S3 - 0.6130 / S4 - 0.6092 SHORT AT 0.6400 FOR 0.6100; STOP AT 0.6520 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
M5 price is above SMA with period 100 (100-SMA) and above SMA with the period 200 (200-SMA) for ranging between the following key levels: 1.1139 resistance level located far above 200-SMA/100-SMA on the bullish area of the chart; 1...
The yen gathered pace on Friday as investors geared up for U.S. jobs data later in the day and shrugged off disappointing wages data. USD/JPY traded at 119.79, down 0.24%, while AUD/USD changed hands at 0.6995, down 0.33%.In Japan, preliminary wages data rose 0...
W1 price is on bullish market condition with secondary correction with the following key levels: 20975 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing...
USDCHF: With USDCHF strengthening further on Thursday, it looks to target further upside pressure. On the downside, support comes in at the 0.9700 level. A turn below here will open the door for more weakness to occur towards the 0.9650 level and then the 0.9600 level...
EURUSD: Bearish Momentum Turns Risk To Key Support. EURUSD: EUR took further losses on Thursday for a second day in a row This development leaves risk of more weakness towards its key support located at the 1.1016 level, its Aug 18 2015 low. Support lies at the 1...
On Thursday, following the central bank’s monetary policy meeting, where interest rates were left unchanged, ECB President Mario Draghi said the staff now projects gross domestic product (GDP) to increase by 1.4% in 2015, down from June’s forecast of 1.5% growth. GDP is expected to grow 1...
2015-09-03 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Trade Balance] past data is -45.2B forecast data is -43.2B actual data is -41.9B according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
On Thursday the dollar was mostly higher against its peers, after data signaled that U.S. jobless claims rose more than expected last week, but remained in territory consistent with a strengthening labor market...
As we know - the Federal Reserve officials did not make any decision concerning when to start raising short-term interest rates so please find some quotes which may help to clue it up: Fed Vice Chairman Stanley Fischer: "I will not and indeed cannot tell you what decision the Fed will reach by Se...
GBPUSD: The pair may have hesitated on Wednesday but continues to hold on to its downside pressure. This price action leaves risk of a move lower on the cards though with caution as we may see a temporary halt in weakness. On the downside, support lies at the 1...
Press conference following the meeting of the Governing Council of the European Central Bank on 3 September 2015 at its premises in Frankfurt am Main, Germany , starting at 14:30 CET: Introductory statement by Mario Draghi, President of the ECB. Question and answer session...
On Thursday crude-oil futures were lower, but the market was subdued with Chinese traders away from their monitors for national holidays...
Current trend Yesterday, the American currency gained back some of its losses even amid the publication on not so much favorable US macroeconomic statistics. It happened partly due to the highly anticipated ECB meeting...
