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Here’s the market outlook for this week:: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Price consolidated from Monday to Wednesday, before breaking upward on Thursday after first spiking downwards...
Analytics & Forecasts
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1246536 Ernest G., 14 March 2016, 19:33
Deutsche Bank expects no more easing at the BoJ meeting on 15 Mar. "The Bank likely needs to assess the effects on the NIRP...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 19:00 #usd/jpy
Currency investors should consider selling GBP/AUD this week, advises Credit Suisse in its weekly FX pick to clients. "Rationale: We expect an austere UK budget to weigh on GBP this week, especially if it comes with a downgrade to the treasury's UK GDP growth forecasts...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 17:00
CFTC IMM positioning data are only a snapshot of part of the currency market, but the net long yen speculative position last Tuesday, ahead of the ECB meeting, was the biggest since March 2008...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 16:07 #usd/jpy
The single currency remains unable to gather traction on Monday, relegating EUR/USD to the 1.1100 neighbourhood following the NA open. EUR/USD weaker on USD-buying Despite the prevailing selling interest, the pair manages quite well to keep the 1...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 15:43 #EUR/USD
Risk sentiment was stable in Asian hours, irrespective of weaker than expected industrial production and retail sales data out of China. It appears that last week’s ECB monetary policy announcement finally made a case of rising appetite for risk assets...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 15:37
• EUR/GBP has lost all of its ECB meeting's gains. It seems that there is no momentum taking place right now. The pair remains above hourly support at 0.7652 (10/03/2016 low). Next support lies at 0.7525 (22/01/2016 low). Hourly resistance can be located at 0.7848 (10/03/2016 high...
Analytics & Forecasts
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Francis Dogbe, 14 March 2016, 15:36
BNP Paribas expect the Bank of England to leave policy unchanged this week with a 9-0 vote, as softer data, fiscal tightening, a challenging global environment, and referendum uncertainty keep even the hawkish members of the Committee at bay...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 15:32 #forex
Calculated data levels: Support (S1 / S2 / S3 = 113,05 / 112,77 / 33), resistance (R1 / R2 / R3 = 113,93 / 114,21 / 65). Key support levels (1st from 113.52 to 1132.52 at the end of the day, the 2nd of 113.33 to 113.48...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 15:27
Calculated level for today: Support (S1 / S2 / S3 = 1,4285 / 43 / 1.4173) and resistance (R1 / R2 / R3 = 1,4425 / 67 / 1.4537). Key support levels (1st from 1.4217 to 1.4350 late in the day, the 2nd of 1.4217 to 1.4286...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 15:08
Calculated levels today: Support (S1 / S2 / S3 = 0,9805 / 0,9784 / 50), resistance (R1 / R2 / R3 = 0,9871 / 93 / .9926). Key resistance levels (1st from 0.9950 to 0.9840 late in the day, the 2nd of 0.9950 to 0.9946...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 14:48
Calculated levels today: Support (S1 / S2 / S3 = 1.1096 / 66/17), resistance (R1 / R2 / R3 = 1.1195 / 1.1235 / 75). Key support levels (1st from 1.1019 to 1.1143 late in the day 2nd - 1.1019...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 14:28
The near-term outlook favours more Aussie dollar strength, but both institutions are forecasting weakness towards the end of 2016. Australian dollar softer at start of the week, weakness likely to be temporary GBP/AUD = 1.9040, AUD/USD = 0.7538, EUR/AUD = 1...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 14:05 #forex
Tim Condon, Chief Economist at ING, expects the Chinese February economic data to sustain the current risk-on rally as they believe the proximate threat is PBOC exchange rate policy but based on Governor Zhou’s recent comments they consider the threat low...
Analytics & Forecasts
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Batur Asmazoglu, 14 March 2016, 14:04
Finland posted its first positive GDP reading in four years, finally showed return to growth after three consecutive years of contraction. Data showed that the Finnish real GDP increased by 0.4% in 2015. Q4 GDP increased by 0.1% q/q and 0...
Analytics & Forecasts
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Batur Asmazoglu, 14 March 2016, 13:55
Despite a rebound of #EURUSD, an order to sale from 1.1034 is still in the market. During the last 24 hours we have added volume to it. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The result of the long position in #Gold was fixed on a signal of one of the bars closure under the red Alligator's line. Currently, we are out of the market, but have pending orders. Find out more by checking out the Source Link...
Calculated level for today: Support (S1 / S2 / S3 = 1247,17 / 1238,99 / 1225,76), resistance (R1 / R2 / R3 = 1273,43 / 1281,49 / 1295,04). Key resistance levels (1st from 1255.01 to 1259.77 at the end of the day, the 2nd ox 1255.78 to 1262.22...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 13:06
Dear Traders, The euro gave up some of its gains on Friday but the decline has been stopped above the current support zone at 1.1050-70. Further upward momentum is still possible in case the euro breaks significantly above 1.1180 and further 1.1220. Next resistances are seen at 1.1245 and 1.13...
Analytics & Forecasts
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maimarfx, 14 March 2016, 12:59 #FOMC
Calculated level for today: Support (S1 / S2 / S3 = 40,38 / 15 / 39.45) and resistance (R1 / R2 / R3 = 41,13 / 36/73). Key resistance levels (1st from 40.58 to 40.63 at the end of the day, the 2nd of 40.59 to 40.70...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 12:59