USDJPY: Having halted its upside pressure to close higher on Tuesday, USDJPY looks to build up on price recovery. On the downside, support comes in at the 118.00 level where a break if seen will aim at the 117.50 level. A cut through here will turn focus to the 117...
Dear Traders, Instead of showing a sustained break below the 1.42-mark the British pound bounced off the 1.4170 level and surged to a high of 1.4366. While there could be some upside room before GBP approaches technical resistance levels at 1.44 and 1...
Quotes of #USDJPY have reached the important resistance level, and it was followed with consolidation. If a new wave of growth starts, it will be possible to talk about #trend confirmation. Find out more by checking out the Source Link...
The upward movement in #Gold continues, despite the observed on the eve growth in demand for risky #assets. #Quotes have reached the 50% retracement level of the reduction in October-December 2015. Find out more by checking out the Source Link...
Two central banks at once, the #Fed and the RBNZ will hold their meetings on monetary policy today. Their strategies are quite opposite, but we can benefit from both meetings. How? Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
FOMC interest rate decision and statement will be released today at 7:00pm GMT. This event will likely see volatility and widening of spreads in the seconds before release. We advise against holding USD positions unless they are already at break-even...
Daily analysis of GBP/USD for January 27, 2016 27 Januari 2016 4:02 AM GBP/USD had a bullish momentum above the support at 1.4198 after a fractal structure formation declined from the January 22th highs...
Daily analysis of USDX for January 27, 2016 27 Januari 2016 4:02 AM US Dollar Index has declined below the 200 SMA at H1 chart after a strong resistance was found around 99.49. Current price action is telling us that a support level is located at 98...
GBPJPY: Having rallied to take back its Monday losses on Tuesday, GBPJPY looks to strengthen more on bull pressure. On the downside, support comes in at the 169.00 level where a violation will aim at the 168.00 level. A break below here will target the 167.00 level followed by the 166.00 level...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, EUR/JPY, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are overall bearish and look for a move lower towards initial targets towards 1.0710...
While risk appetite improved Tuesday, driven by a spike higher in oil prices, by tomorrow risk sentiment could sour on a turnabout lower in Chinese stocks and the next day could bring either new turmoil or euphoria, analysts said...
In a note to clients, Morgan Stanley provides some insights on its strategy to trade USD/JPY going into the BoJ policy meeting on Friday...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, EUR/CHF, GBP/USD, AUD/USD, and NZD/USD. EUR/USD: doesn't really have a life of its own at the moment and most flows seem to be euro-cross related. The broader 1.07-1...
A result of the long position in #USDJPY was fixed after one of the bars had closed below the red Alligator's line. Thus, at the moment we are out of the market, but ready to enter the position. Find out more by checking out the Source Link...
A new round of risk rejection attracted buyers into the market of safe-haven #assets, namely, the #gold #market. So, the long position from 1094.69 already gives significant #profit. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
I recommend using the indicator "Bright Road" to highlight long-term trends and determine their "crisis." Focusing on color and direction of the "bright" line you immediately see a place for low-risk entries. When the price crosses the line and its color changes to red or blue, I will make a deal...
EUR/USD: Bearish: Modest target of 1.0710. The recovery yesterday was unexpected as EUR/USD touched an overnight high of 1.0856. The up-move appears to have scope to test the 1.0875/80 resistance but a sustained move above this level appears unlikely. On the downside, only a move back below 1...
EURJPY: With the cross following through higher on Monday, EURJPY eyes more strength on correction. Support comes in at the 128.00 level where a break will aim at the 127.50 level. A turn below here will target the 127.00 level with a breach turning focus to the 126.50 level...
Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 10:45 BOE Governor Carney Speech GBP High - - Neutral 14:45 Flash Services PMI USD Med. 54.3 53.9 Neutral 15:00 CB Consumer Confidence USD High 96.5 96.6 Neutral 00:30 (27/01) CPI q/q AUD High 0.5% 0...
