The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by the break below initial targets near 1.0660. Our next targets are towards 1...
EURUSD: With EUR extending its weakness to close and hold below the 1.0673 level on Tuesday, further downside pressure is envisaged. This will leave its key support located at 1.0519 level as its main target...
Trading recommendations and Technical Analysis – HERE! Today at 15:30 (GMT) US Department of Energy publishes data on changes in stocks of crude oil and petroleum products in the country over the last week...
Dear Traders, While the euro is clearly pointing downwards facing the 1.0620-area, the British pound showed its strength and climbed up to 1.5239 on a slight improvement in U.K. consumer prices. However, for sterling breakout-traders it was yet another day of loss making sideways moves...
Skandinaviska Enskilda Banken estimated the real bearish target for this pair as 1.0481 in the near future with stated that the price will be moved to 1.05/1.04 area soon. Let's evaluate the situation with the technical points of view...
Although Fed Chairwoman Janet Yellen has taken a hawkish stance in her recent speeches, Craig Nicol from Deutsche Bank believes the odds of a rate increase in the U.S. are actually falling...
#Investors are increasingly turning away from #Gold and as a result the metal reached the the lowest one since February 2010. It is recommended to take #profits on short positions at current levels. Find out more by checking out the Source Link...
An upward #trend in #USDJPY has slowed somewhat near the reached highs. Today minutes of the October meeting of the Fed will be released and could materially affect #quotations. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Despite most #market participants believe that in December the U.S. Federal Reserve is going to raise interest rates, today's meeting minutes may be interesting. They may help to understand all nuances. Find out more by checking out the Source Link...
EUR/GBP: weekly breakdown. This pair is on bearish market condition located below Ichimoku cloud in the primary bearish area of the chart. The price is breaking 0.7039 support level from above to below on close weekly bar for the bearish breakdown to be continuing with 0...
Analysts named 5 reasons why #oil will fall in 2016 to 25 dollars per #barrel. #OPEC, Iran, the strong U.S. dollar and others. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
GBPUSD: The pair failed to follow through lower on the back of its Monday losses to close higher on Tuesday. This price action now sees the pair eyeing further a move higher. On the upside, looks to retarget the 1.5254 level where we may see a price halt. Further out, resistance resides at the 1...
Daily price is on the primary bullish market condition located above Ichimoku cloud and 'reversal' Senkou Span lines within the following fundamental support/resistance levels: 1.3456 resistance level located far above Ichimoku cloud in the primary bullish area of the chart, and 1...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by the break below initial targets near 1.0660. Our next targets are towards 1...
Only good strategy is not enough to make money, you must need a good platform also to successfully run your strategy. A good platform is the best friend for your good strategy. Forex trade is a profitable business...
Analysts at Brown Brothers Harriman predict December to become “a month to remember,” with market players awaiting the Federal Reserve and European Central Bank to diverge. Meanwhile, analysts at BNP Paribas predict euro-dollar parity citing the cross-currents of Fed and ECB December expectations...
Deutsche Bank made a short forecast suggesting to sell NZD/JPY for this week so let's evaluate the situation with the technical point of view. NZD/JPY: weekly bearish reversal...
GBPJPY: The cross is closing in on its key resistance at the 187.68/00 levels after closing strongly higher on Monday. This upside view is consistent with its short term recovery triggered off the 184.26 level on Nov 06 2015. On the downside, support comes in at the 186...
Trading recommendations and Technical Analysis – HERE! On Monday released a weak report on shipments in the manufacturing sector. The volume of industrial supplies fell in September by 1.5% against growth of 0.1% forecast and a decline of 0...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: We prefer staying short below 1.0680/1.0700...
