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Daily price is on totally ranging market condition with between the primary bearish and the primary bullish area of the chart...
Retail Sales rose 0.6% in July and were revised higher for June and May. Retail sales excluding automobiles, gasoline, building materials and food services rose 0.4 percent in July as reported by the Commerce Department...
UBS AG is a Swiss global financial company making currency forecasts and some prediction for EUR/USD and some other pairs. They are often publishing some trade ideas and reviews concerning technicals and fundamentals...
The People's Bank of China (PBoC) fixed yuan at 6.3306 against against the dollar on Wednesday which is 1.6 percent weaker than on the level for the previous day. PBoC was aiming for a devaluation of around 2 percent total...
European shares rally today: investors react favorably to the news from China and progress in the negotiations over Greece. By 15:39 GMT DAX was up 1.70%, FTSE 100 rose 0.63%; САС 40 added 1.73 percent. All Stoxx Europe 600 sectors were trading in the green zone...
W1 price is located below 200-SMA and 100-SMA for the primary bearish with secondary ranging between 23.6% Fibo resistance level at 0.6769 and Fibo support level at 0.6466: The price is ranging between ranging between 0.6769 and 0.6466 levels...
I believe that the eurusd is ranging to reach the key fibo price support level of 1.108 before going upward to another key fibo resistance price level of 1.117. Will wait for the current H4 candle to close and then decide on keeping the current BUY order open or to close...
As of now, the price seems to be ranging to touch the price level of 1113 as a support. If the gold price show signs of going below this price level, would close the BUY order and wait for another trade signal to enter. Still believe that the prices are headed towards 1170 level...
After we've seen some EUR/USD quality on the foundation of the Chinese debasement, we could see a move in the other bearing. The group at BNP Paribas clarifies: Here is their perspective, obligingness : In a note to customers today, BNP Paribas examines the G10 FX effect of CNY degrading...
Tencent Holdings and Russian billionaire Yuri Milner to invest to Indian health information provider
Tencent Holdings Limited, one of the largest Internet companies, made USD90 million investment to Practo...
USD Index Looks For Support, EURUSD Near Resistance : Elliott Wave Analysis The Dollar Index is falling strongly this week, which we see as an incautious leg down from 98.40. Yet, in spite of the solid decrease we see the list in the last phases of a remedial move...
USDCAD: Trades Below Key Resistance, Retains Corrective Pullback Bias USDCAD: With the pair reversing its Tuesday gains to close lower on Wednesday, risk of a follow through lower is envisaged. Despite its present price hesitation downside threat remains while the pair holds below the 1...
Like many Forex traders, I started from knowing nothing about Forex. To something about it. There are many articles about Forex beginners out there, so this article doesn't really add to what has already been told. But it's just my personal journal that I would like to note down...
W1 price is located below 200-SMA and 100-SMA with bearish for ranging between Fibo resistance level at 1.1459 and Fibo support level at 1.0807: The price is ranging between ranging between 1.1459 and 1.0807 levels...
Current trend The Pound continues growing amid the weakening USD, which is under pressure after the market intervention by the People’s Bank of China aimed at the Yuan devaluation. The GBP/USD pair grows despite poor labor market statistics from the UK. Average Earnings in June grew by only 2...
FOMC member Bill Dudley told his review about the policy and CNY impact speaking to the Rochester Business Alliance, and BNP Paribas made some expectations and review based on his speechfor example: "We suspect he will stop well short of signalling support for September lift-off, which should sti...
Many news headlines said that move to devalue the Chinese yuan was a ‘surprise’, but one analyst said he was expecting it, and there will be more surprises in future. Gerald Celente, publisher of the Trends Journal, said he was completely unfazed by the China news...
Gold dropped below key support level at $1150 and for now we are looking at the next support target near $980. Historical support level for gold is $1180 which was broken as well and the price to continue falling towards the next support level at $980...
W1 price is located above 200-SMA and 100-SMA for the primary bullish with secondary ranging between Fibo resistance level at 125.85 and 23.6% Fibo support level at 119.93: The price is ranging between ranging Fibo resistance level at 125.85 and 23.6% Fibo support level at 119.93...
