The main #events of the week for the financial markets will be a testimony of the Fed's head Janet #Yellen and the publication of the U.S. retail sales data. In China markets are closed due to New Year celebration. Find out more by checking out the Source Link...
Ahead of the Chinese New Year, China was very much a topic of discussion this week at Harvard Business School, where I attended and participated in a seminar for global CEOs...
CRUDE OIL: The commodity continues to hold on to its downside pressure leaving risk of more strength on the cards. On the downside, support resides at the 30.00 level where a break will expose the 29.00 level. A cut through here will set the stage for a run at the 28.00 level...
USD: Tactical Pullback. Neutral. We believe that the USD pullback may continue a little while longer. Indeed, over the last week economic data in the United States were soft, while NY Fed President Dudley highlighted tightening financial conditions having an impact on Fed decisionmaking...
EURUSD: With EUR pulling back (see daily chart) ahead of its key resistance following its rally above its declining trendline the past week, EURUSD looks to pullback ahead of key resistance. On the downside, support is located at the 1...
Last week, COSMOS4U Ad MACD Indicator, triggered a successful buy signal for EURUSD currency pair, at 1, 0815 as there was a marked pick in market confidence, with the EUR to USD exchange rate closing at 1.1157 this position. Ad MACD parameters for EURUSD last week were 49, 126,7...
In the coming period only the article "Ranking & Rating List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to publish all the articles again somewhere in February. Thanks for your understanding...
The dollar was beaten in the first week of January and staged only a small recovery. Janet Yellen's testimony stands out, but also watch out for retail sales and consumer sentiment. These are the main market movers for this week. Here is an outlook on the main events on forex calendar...
When developers at a top U.S. stock exchange needed help debugging a program that puts time stamps on quotes and trades in July, they could have hired a high-profile consulting firm...
EURGBP- With the cross closing strongly higher the past week, further bullishness is likely. However, with price hesitation seen on Friday (daily chart) ahead of its key resistance at 0.7741/55 zone, it should face pullback threats in the new week. Support comes in at 0.7640 level...
almost half a trillion euros, according to previously secret information published on Friday by the European Central Bank in Frankfurt...
The downward pressure on the dollar may have taken a pause for breath in the overnight trading, but this is more to do with the upcoming Non-farm Payrolls report than any sense that the dollar bulls are going to fight back...
First, a few words about the forecast for the previous week: ■ with regard to the behaviour of the pair EUR / USD, at first everything was going according to plan - a pair rebounded to the resistance in the zone of 1...
In its technical FX charts of the week, Morgan Stanley provides some insights on the key levels in AUD/USD, EUR/USD, and USD/CAD. "AUD/USD breaking above 0.72 this week has brought it back into the trend channel formed since August 2015 and opened room for further upside...
Max Scalper - new forex robot by trader Doug Price. We think it's not real person. But it doesn't matter. Main question - will this EA profitable ot not...
Trading Forecasts Dollar Forecast What was once a consistent and dominant advance for the US Dollar is now a consolidation and debate over fundamental value. The Greenback still stands at the most hawkish end of the monetary policy spectrum, but that premium may already be incorporated...
Weekly Trading Forecast: Will We See More of Last Week’s Exceptional FX and Commodity Volatility? The Dollar suffered one of its most abrupt swoons in years until NFPs stabilized the currency. Oil and gold meanwhile generated remarkable volatility and tentative stabs at trends...
For a currency that was expected to continue to push higher, heralded by a change in monetary policy with a 25bps rate hike in December, the US Dollar fell across the board this week. The Dollar Index now sits at 96.65, breaking below December 2015 lows...
