November was complex and full of surprises for the hedge funds - global stocks started and ended the month off poorly forcing many to load up on short positions. Many prominent asset managers suffered greatly (for example, David Einhorn lost 5.2% in the month and is down 20% for the year...
Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is moving downwards (2), and the price is on D Tenkan-Sen...
The price is on bullish market condition for breaking 123.74 resistance level for the bullish trend to be continuing with 125.85 as the next bullish target...
Sellers of #GPBUSD failed to break the support level, which led to take-profits and, as a consequence, the sharp rebound upward. It is recommended to fix the result of the short positions. Find out more by checking out the Source Link...
The direction of the current #trend in #EURUSD remains the same, while the amplitude of the fluctuations continues to decline. Thus, we see all the signs of the reversal graphical pattern "wedge". Find out more by checking out the Source Link...
EURUSD: Having continued to see price hesitation, EURUSD looks to maintain above key support as temporary bottom scenario is developing. If it can hold and trade above the 1.0519/00 zone this view should continue to hold. On the downside, support lies at the 1...
Trading recommendations and Technical Analysis – HERE! After a sharp weakening of the Swiss franc last Friday, due to possible interference NB of sales Swiss franc against the Euro and dollar, the trading week started with a decline of the pair USD/CHF. Trading in the pair are aligned...
Oil price falls from 54.00 to a little above 43.50 since the beginning of October this year, and it has a negative impact on economy and the currency. Further easing not priced and the CAD may weaken if Bank of Canada will take more dovish tone...
Experts expect #oil to get another bearish signal after the #OPEC meeting on Dec. 4. #Investors cut long #trading positions ahead of the #event, where quota is will likely remain unchanged. Find out more by checking out the Source Link...
Goldman Sachs analysts considered that there will not be any big movement for the market in 2016, and they started the forecast from S&P 500 index predicted the weak market with a little growth. The price will be stuck to be around 2,100 level for the ranging market condition...
The Reserve Bank of Australia decided to leave the key interest rate at the record low of 2%, as expected. The Australian dollar regained some ground against the U.S. competitor amid mixed fundamental background. Find out more by checking out the Source Link...
Dovish tone from the Bank of England (BOE) is moving GBP to be down keeping selling pressure. Brexit debate could also support more bearish, and inflation rising is not enough to support for GBP...
There are two major meetings are coming in December: the Federal Reserve meeting and the European Central Bank meetings which will strongly affected on the direction of the currency movement...
GBPUSD: Having triggered a higher close on Monday, GBPUSD targets further bullish corrective recovery in the days ahead. Support lies at the 1.5000 level where a break will turn attention to the 1.4950 level. Further down, support lies at the 1.4900 level...
AUD has proven to be stable one during the last 3 months because of constructive outlook from the Reserve Bank of Australia and expected easing. Chinese data respond to fiscal/monetary policy so we should expect AUD to continue outperformance against NZD, USD and CAD...
Trading recommendations Sell by-market. Stop-Loss 14.35. Take-Profit 14.00 13.80, 13.50 Alternative long positions will become relevant after the price fixing above the level of 14.60 with the objectives 15.30, 15.50...
EURJPY: With EURJPY bulls on the offensive, further price strength should build up towards the 130.75/99 zone. This corrective recovery is coming on the back of its recent weakness. Support comes in at the 129.50 level where a break will aim at the 129.00 level...
