Great opportunity here to long Euro0.19% -Bull trend -Really strong level of support here at the 0.5 fib retracement -This area is also a previous support level on a number occasions if you look left -Stops just below the 0.618 retracement...
Has oil again called the direction on market sentiment...
The euro has performed very well since the turn of the year, benefiting greatly from a risk averse market that has sparked an unwinding of the carry trade that we often see in a “risk on” environment. The single currency has performed very well against the US dollar, rallying as high as 1...
Taking good trading ideas and making them great systems is the path to success Trading Ideas don't have to be new and unique in order to make you a lot of money. They just have to be better...
The UK's attempts to reach a deal with partners in the EU on how to reform its role inside the regional bloc were dragging into the afternoon on Friday, with key differences remaining on the areas of restricting welfare benefits and regulating the financial sector in London...
In its technical FX chart of the week, Morgan Stanley provides some insights on the current momentum indicators in the FX market. "The RSI, or relative strength index, looks at the past 14 days of closing prices and measures whether there were more up days relative to down...
We have two trades that are currently open this morning You can test out our EA below: https://www.mql5.com/en/market/product/14073 Winsor Hoang is the developer of ”Robust Trader’s 20 EAs EURUSD”, and he is an automated trading researcher since 2003...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, USD/CHF, EUR/JPY, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our next downside targets near the 1...
The February fall in EUR/CHF can be explained by the fall in USD/CHF, which was triggered by the fall in USD short rates. This was mostly a USD story as the Fed hike probability for March fell from over 20% to 0%, and the markets responded violently – FX volatility rose...
Trading G10 FX is, once again, very difficult due to the lack of sustained trends. So we stick with ‘Brexit’ shorts in GBP, and shorts in NZD on the grounds that the RBNZ has room to ease amid disinflationary pressures and that the Chinese growth slowdown will deepen...
Forecast movement of currency indexes next week 22.02 -28.02.2016. This week, there were the following breakdowns day D1 range of currencies: 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: We don't see any clear trend, and movements for risk, equities and oil continue to spill over into the EURUSD market. There is some resistance at 1...
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GBP remains under pressure, reflecting the focus on the EU Leaders’ Summit in Brussels, noyes BNP Paribas. "A deal for the UK is widely anticipated, with most officials expressing optimism at the start of meetings on Thursday...
The British pound’s woes against the euro look only set to continue says a leading technical strategist. The pound is being sold aggressively in the European Friday session as the Brexit summit extended to a second day...
NZDUSD: Having continued to remain vulnerable, NZDUSD faces further downside threats. Support lies at the 0.6600 level where a break will aim at the 0.6550 level. Further down, the 0.6500 level comes in as the next downside target...
The risk rally has further legs to go benefiting higher-yielding FX in particular, argues Morgan Stanley in its weekly FX note to clients today...
U.S. crude oil inventories rose by 2.1 mln barrels, and this data caused the #oil #price decline. Thus, fears regarding oversupply increased again, which traditionally affects the dynamics of #USDCAD. Amid this the pair has increased significantly. Find out more by checking out the Source Link...
Demand for #Gold increased amid a new wave of deterioration in the global stock markets. From the technical point of view, we had a rebound from the support level (38.2% #Fibonacci retracement), which is a serious signal to buy. Find out more by checking out the Source Link...
