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The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: No change. We are bearish and look for a move lower towards initial targets near 1.1100 an then lower towards our targets near 1...
PriceChannel Parabolic system PriceChannel Parabolic system basic edition indicators and template to download for black background (first post of this thread) PriceChannel indicator is on CodeBase here, same for white background, how to install Clock indicator to be used with this trading system...
Although last week the Greek government secured an extension of its bailout program, this doesn’t give it access to cash from the eurozone and the International Monetary Fund. The eurozone is unlikely to give Athens a break, even if it is running out of cash...
Forex Price Action Scalping: an in-depth look into the field of professional scalping by Bob Volman Forex Price Action Scalping provides a unique look into the field of professional scalping...
On Tuesday the euro fell to one-month lows against the greenback, as jitters ahead of the European Central Bank's monthly policy meeting overshadowed strong economic reports from Spain and Germany released earlier Tuesday...
Barclays has announced a fall in profits as it set aside more funds to cover potential fines for misconduct. The drop comes, as boss Antony Jenkins is awarded his first bonus as chief executive...
Many are asking why the USD is continuing to rise against its trading partners despite strong evidence being seen yesterday that economic momentum is slowing down, easing pressure on the Federal Reserve to begin raising US interest rates...
According to the new bull-case price target set Monday by Morgan Stanley, Apple Inc.’s experimentation with car technology could boost the company’s valuation beyond $1 trillion within the next 12 months from nearly $750 billion today...
On Tuesday the pound sterling was steady against the U.S. dollar, after data indicated that in February U.K. construction sector activity expanded at a faster rate than expected...
Central Banks And Governments Policies that are implemented by governments and central banks can play a major roll in the FX market. Central banks can play an important part in controlling the country's money supply to insure financial stability. Banks A large part of FX turnover is from banks...
In February, BullionVault’s Gold Investor Index climbed from a five-year low to 54.5 — its highest level in 22 months and its fastest growth since April of 2013...
On Tuesday gold held steady, as market players continued to monitor the movements of the dollar and reflect on the timing of the first U.S. rate hike...
According to the Markit Purchasing Managers' Index, manufacturing output in Ireland has risen to its highest level in more than 15 years. Ireland's PMI was pushed to 57.5 in February, due to accelerated growth in both new orders and production. A figure above 50 suggests expansion, says BBC...
On Tuesday the kiwi dollar was higher against its U.S. peer, as demand for the greenback declined after Monday's upbeat U.S. economic reports sparked expectations for a rate hike in the near future...
Current trend Brent crude oil grew substantially at the end of the last week due to aggravation of the geopolitical situation. Quotes rose above a level of $62, but Brent again failed to consolidate at that level owing to US increasing oil products stocks...
Barclays banking group has reported a 12% rise in full-year pre-tax profits, says BBC...
The strong franc hurts Swiss companies, as it made their products more expensive in foreign markets and reduced the franc value of repatriated earnings. Bühler AG, which makes industrial food-processing machines in northeast Switzerland, exemplifies the problem...
On Tuesday stock markets in Asia were mostly lower, despite markets in the US, where both the Dow Jones and the S&P 500 closed at all-time highs...
GBP/USD Technical Strategy: Flat Support: 1.5322, 1.5180, 1.5117 Resistance: 1.5426, 1.5551, 1.5601 The British Pound broke downward against the US Dollar as expected after putting in a Bearish Engulfing candlestick pattern. A daily close below the 14.6% Fibonacci expansion at 1...
EUR/GBP Technical Strategy: Short at 0.7341 Support: 0.7219, 0.7131, 0.6989 Resistance: 0.7290, 0.7324, 0.7361 The Euro may be preparing to turn higher against the British Pound having put in a Bullish Engulfing candlestick pattern...
