USDCHF: The pair extended its weakness for a third week in a row the past week following its loss of upside momentum at the 0.9845 level in Sept 2015. This leaves room for more weakness with eyes on its nearby support located at the 0.9527 level...
Ends another week of trading that saw us engaged with our strategy of spread trading that allows us to earn more +60 pips bringing the total gain of 2015 to +2170 pips. We hedge the portfolio with one pending closure...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are staying neutral as failure to sustain the break above 1.1460 warns that selling interest may have resumed already...
Joe Gubler from Causeway Capital Management has a piece of advice to those seeking a shelter as China's economy weakens and U.S. rates are edging up...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: had an amazing turnaround from Thursday's opening, maintaining the big range play. We still prefer playing the intraday moves...
China’s economic downturn is weakening commodity prices and hurting global economies and businesses alike. A fresh look at just how sharp the slowdown is will be presented on Monday when the country releases third-quarter GDP data. There are several important things to watch...
Although released at the beginning of the trading day on Friday inflation data for New Zealand in the 3rd quarter was slightly above expectations (consumer price index (CPI) rose to 0.3% compared with the previous quarter, which grew by 0.4% the first quarter, and by 0...
We continue to hold a long position from 1.5388 in #GPBUSD. Today's fluctuations may also be determined by the close weekend as #investors adjust their positions. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
W1 price is above 200 period SMA and above 100 period SMA for the primary bullish market condition. Price is ranging between the following key support/resistance levels: 92...
Our short position in #USDJPY is at threat because of the rapid upward rebound. At the same time, given the position of Alligator's teeth, the transaction will likely bring quite a significant #profit. Find out more by checking out the Source Link...
NZDUSD: With the pair seen facing downside pressure, we could see more weakness towards its broken resistance turned support located at 0.6707/37 zone. Support lies at the 0.6750 level where a break will turn attention to the 0.6700 level. Further down, the 0...
In its report today and the forecast for financial stability in the near future RB of Australia expressed concerns about the situation in the real estate market...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: Market players are losing faith there are means to weaken the euro...
M5 price is located to be above SMA with period 100 (100-SMA) and above SMA with the period 200 (200-SMA) with the primary bullish for the secondary ranging - the price is moved within 1.2908 key resistance level and 1.2885 key support level. if the price will break 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 16th AUD/USD is trading lower after RBA comments on weaker economic view of China and emerging economies. The pair reached to as high as 0.7363 in course of yesterday’s trade before falling to 0...
#Bulls successfully overcame a number of important #price #levels, which was in their road for a long period of time. #Trend #indicators continue to give reasons to keep buying, and a breakout of yesterday's high will give reason to add to the position...
#GPBUSD is testing the resistance line drawn through extremes of August, September, and October. It is recommended to consider entry into a long position on a daily closure above the current local high at 1.5509. Find out more by checking out the Source Link...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish with the ranging within 69.57 key resistance level and 42.18 key support level: If the price will break support level at 42.18 so the bearish market condition will be continuing...
The #NewZealand #dollar declined, although the statistics on the #inflation was slightly better than expected. It seems that stimulus measures of the #RBNZ supports the #economy. Nevertheless, #kiwi is declining against the U.S. dollar, as the latter has received a strong upward momentum...
USDJPY: USDJPY lost its downside momentum to close higher on a long-tailed candle on Thursday. This development leaves risk higher with a possible run at the 119.50 level. Above here will clear the way for more strength build up towards the 120.00 level with a break targeting the 120.50 level...
