Barclays Capital made a technical forecast for EUR/USD explaining their position opened with key targets: "The move below 1.1335 encourages our bearish view. Our initial targets are near 1.1260. A move below 1.1260 would open our next targets in the 1.1105/1.1085 area...
EUR/USD is awaiting the ECB tomorrow. There is expected to be a dovish tone while participants weigh up the prospects of extended QE from the Central Bank to battle troublesome conditions in the EZ economy...
As ECB will take center stage this week so Barclays Capital made some fundamental and technical forecasts concerning EUR/USD. Fundamental Forecast...
I have been mentioning about the possibility of the eurusd price falling down and the recent price rise to be a retracement than an up trend. Hence kept the SELL order open. My belief is that the eurusd price is supposed to go below 0...
I have been mentioning about the possibility of the gold price falling down and the recent price rise to be a retracement than an up trend. While the level 1 set up was indicating a huge upswing in gold prices, level 2 and 3 set up are still showing a SELL trend...
The Bank of Canada meets on the 21st of October to decide on its next steps regarging monetary policy. The Canadian dollar (CAD) has enjoyed a solid recovery of late with the the currency joining the broader commodity complex in its move higher...
Whether you’re a government, a big company or a tiny startup, it has never been cheaper to obtain capital than right now. And it is quite disturbing for macroeconomists...
AUDUSD: The pair remains weak and vulnerable to the downside triggering further weakness during Wednesday trading session today. This is coming on the back of its failed recovery attempt on Tuesday. On the downside, support comes in at the 0.7197 level where a breach will aim at the 0.7150 level...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and NZD/USD. EUR/USD: is trading within range ahead of tomorrow's ECB meeting...
EURUSD 15 min., 1H charts (up- and downtrend targets) GBPUSD 15 min., 1H charts (up- and downtrend targets) EURUSD 15 min. chart: EURUSD 1H chart: GBPUSD 15 min. chart...
Although #GPBUSD was trading near a resistance line for a long time, #bulls still did not break it. Moreover, it seems that now sellers have a chance, but we should certainly wait for appropriate signals. Find out more by checking out the Source Link...
Strategists believe any weakness in the euro exchange rate complex should be traded to the upside. The euro to dollar exchange rate should continue to see weakness as being temorary in nature argue strategists with Westpac in Sydney. "Look to buy dips in EUR to 1.1230 with a stop at 1.1110...
A bullish momentum in #USDCAD gained after a rebound from a mid-term support line has slowed down. A subsequent retracement has led to formation of a reversal pattern "head and shoulders". Find out more by checking out the Source Link...
Economists seem to support the Bank of England's view that the U.K. economy is resilient in the face of a global slowdown...
H4 price is located near and above SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown. The key support/resistance levels for this pair are the following: 1...
The price is located below 100 SMA and below 200 SMA for primary bearish market condition for the ranging within the following key support/resistance levels: 1.1956 resistance located near and below 100 SMA/200 SMA...
#Oil #prices fall after yesterday's API report, which showed a significant increase in "black #gold" inventories in the USA. Interestingly, inventories continue to rise, despite the fact that the number of rigs, extracting oil steadily declines. Find out more by checking out the Source Link...
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GBPUSD: GBP continues to hold on to its downside bias failing at the 1.5505 level to close lower on a rejection candle on Tuesday. While it remains below the 1.5508 level and its 200 EMA, our bias remains to the downside. Resistance resides at the 1.5508 level...
