Ahead of the new week’s trade we see the pound to dollar exchange rate at 1.4387, the best levels for buying dollars since mid February are now on offer...
USD/СAD: Wave analysis and forecast for 11.03 – 18.03: Downtrend dominates. Estimated pivot point is at the level of 1.3450. Our opinion: Sell the pair from correction below the level of 1.3450 with the targets of 1.3054...
The British pound has corrected higher against the New Zealand dollar following the Reserve bank of New Zealand’s decisionto cut interest rates at its March rate meeting...
USD/JPY: Wave analysis and forecast for 11.03 – 18.03: The pair is likely to decline. Estimated pivot point is at the level of 114.55. Our opinion: Sell the pair from correction below the level of 114.55 with the targets of 108.00 – 107.00...
The Aussie, ceteris paribus, will probably continue its current recovery versus the US dollar while against the pound sterling we are looking for a reversal in fortunes. One thing to look out for in the week ahead will be the RBA minutes and commentary from RBA officials Debelle and Ellis...
USD/CHF: Wave analysis and forecast for 11.03 – 18.03: Downtrend continues. Estimated pivot point is at the level of 1.0089. Our opinion: Sell the pair from correction below the level of 1.0089 with the target of 0.95...
The euro exchange rate complex is vulnerable to downside pressure over the week ahead we believe. Risk remains tilted to more euro weakness as markets awaken to the fact the ECB could cut interest rates further in 2016/2017...
GBP/USD: Wave analysis and forecast for 11.03 – 18.03: The pair is undergoing correction. The rise in the pair is possible. Estimated pivot point is at the level of 1.4115. Our opinion: Sell the pair from correction above the level of 1.4115 with the targets of 1.45 – 1.4690...
EUR/USD: Wave analysis and forecast for 11.03 – 18.03: Uptrend continues. Estimated pivot point is at the level of 1.0820. Our opinion: Buy the pair from correction above the level of 1.0820 with the target of 1.15 – 1.16...
USD: Renewed Uptrend. Bullish. We expect the Fed to keep rates on hold next week while lowering median forecasts on growth and inflation. That said, we are only expecting the Fed to lower the median 2016 dot to three hikes from four currently, stressing data dependence...
This is the article "Strength and Comparison" for the coming week, the article "Ranking, Rating and Score" has also been published this weekend...
EURUSD: Having EURUSD closed higher the past week, we envisage further bullish offensive in the new week. Support lies at the 1.1100 level. Further down, support lies at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will aim at the 1.0950 level...
The ECB's extraordinary effort to expand stimulus this past week revealed the monetary policy doesn't exact the 'typical' influence on exchange rates, and speculative appetite isn't so easy to inspire. That is dangerous given the influence of the Fed decision ahead...READ MORE...
Hello, here is my own opinion when creating a weekly trading plan for March 14 -18, 2016 base on Support and Resistance. 1282 is current Resistance as key breakout to upside follow Resistance above. and 1227 is a sign XAUUSD want to break to downside...
This is the article "Forex Ranking and Rating list" for the coming week, the article "Forex Strength and Comparison" has also been published this weekend...
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. The Banco Central de Venezuela (BCV) wins the prize as the world’s worst central bank – at least for the time being...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 11th week of 2016. Click here to check the new parameters of EURUSD, USDJPY and XAUUSD...
Comments: We are on a daily bearish / down trend in a pull back which can potentially be stopped by an EMA 55. Disclaimer: Results are based on my own Live Trading Account. Results are not typically and past performance doesn't guarantee future results...
