Japan released the GDP data for the fourth quarter of the last year (-0.4%), and later China published the data on trade balance. Stock markets trade mixed, the yen and the euro are declining versus the U.S. dollar. Find out more by checking out the Source Link...
EUR/USD: Bullish: Take partial profit at 1.1400. As pointed out last Friday, the current rally is showing signs of slowing and a short-term top appears to be imminent. However, confirmation is only upon a break below the stoploss at 1.1180...
The recent bout of global risk aversion stemming from a weakening global macro outlook has raised cross-asset volatility, leaving investors searching for havens...
Dear Traders, This week (February 14 - February 20) we have 7 high impact news release schedule, which may tradable. Monday, February 15 ...
USDCHF Daily Forecast: February 15 15 Februari 2016 2:05 AM USDCHF Forecast The USDCHF continued its bearish momentum last week bottomed at 0.9660 but closed higher at 0.9771. The bias is bullish in nearest term testing 0.9820/50 which is a good place to sell with a tight stop loss targeting 0...
USDJPY Daily Forecast: February 15 15 Februari 2016 2:16 AM USDJPY Forecast The USDJPY continued its bearish momentum last week bottomed at 110.96 but closed higher at 113.24. As you can see on my H4 chart below, price corrected higher above 113.15 resistance challenging 114...
GBPUSD Daily Forecast: February 15 15 Februari 2016 2:19 AM GBPUSD Forecast The GBPUSD was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 1.4350 I still prefer a bullish intraday scenario at this phase targeting 1.4700 region...
EURUSD Daily Forecast: February 15 15 Februari 2016 2:27 AM EURUSD Forecast The EURUSD attempted to push higher last week, topped at 1.1376 but closed lower at 1.1248...
After another bruising few days global financial markets showed some degree of stabilisation after Friday's US retail sales data, but seven key factors are required to secure more than a brief respite from risk aversion...
The recent bout of global risk aversion stemming from a weakening global macro outlook has raised cross-asset volatility, leaving investors searching for havens...
GOLD: Having continued to decline following its Friday downside pressure after price failure, more weakness is now envisaged in the days ahead. On the downside, support comes in at the 1210.00 level where a break will turn attention to the 1200.00 level...
The 18/19 February EU Summit on the renegotiation of UK’s terms of membership will be the major focus for GBP over the coming week...
The fed funds futures curve is now essentially flat, with market-based expectations pointing to a pause in the rate hike cycle until at least the end of 2017...
The SG FX Enhanced Risk Premia has kept positions of reduced size during the week. The SG Sentiment indicator has slipped back in the risk-averse zone, and that has led to the closure of some pro-risk positions. The biggest longs are in JPY, EUR and NOK...
Hey traders! I have a short setup here in 240min timeframe. Price action currently trading in structure resistance. RSI hidden divergence showed up which shows a great chance to take this short, a nice trend line showing good resistance too. The stop loss amount is a lot...
One of the biggest sources of confusion for those new to the forex trading industry is the standard for quoting currency dealing trading. In this section, we'll go over forex trading quotations and how they work in forex trading couple trades. http://www.makemoneysecrete.com/ Reading a Quote...
This EURUSD-0.07% pair has been putting in a series of Higher Highs and Higher Lows, indicating that the trend on the hourly time frame is in an upward direction. This is also confirmed by drawing the trend line...
Data in this report cover up to Tuesday Feb 2 & were released Friday Feb 5. Data include the Fed and BoJ policy decisions as well as Fed VC Fischer’s comments. The aggregate USD long position has fallen to a fresh multimonth low, dropping $5.4bn w/w to $20...
Here’s the market outlook for this week:: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Bullish EURUSD rose 230 pips last week to top-out at the 1.1350 resistance line before the current bearish correction saw price retreat 100 pips...
