Since the beginning of September, we have seen European Central Bank president Mario Draghi reiterating he is eager to expand the euro area's stimulative program to boost the economy, however, the single currency climbed 1...
David Folkerts-Landau, global head of research at Deutsche Bank, said in a talk with Bloomberg earlier that sticking to the zero bound of monetary policy for any longer would be a mistake of historical proportions...
Central banks can make mistakes. David Folkerts-Landau, global head of research at Deutsche Bank, says that staying at the zero bound of monetary policy for any longer would be a historic mistake...
W1 price is located below 200 period SMA (200 SMA) and below 100 period SMA (100 SMA) for the primary bearish market condition with the ranging between 0.8162 key resistance level and 0.6907 key support level...
USDCAD: USDCAD remains on the offensive on the back of its long-tailed candle print triggering corrective recovery on Monday. This price action development leaves risk higher in the days ahead. On the upside, resistance resides at the 1.3100 level where a break will target the 1.3100 level...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and USD/CHF. EUR/USD: The pair feels bid but should trade in range today. Look to enter short around 1.1400, with a stop at 1.1505. USD/JPY: has been trading in a tight range and 119...
In a recent interview with Fox News, CEO of Euro Pacific Capital Peter Schiff, an advocate of QE, is giving his analysis on what is the real reason behind the Fed's reluctance to increase interest rates...
XAUUSD 1D Diagram Technical Analysis shows the following: The XAUUSD seems to follow an ascending triangle pattern. Today it declines below the resistance line of this triangle. The candlestick until now is engulfing the previous one. The cloud is a strong resistance for farther decline...
#USDCAD rebounded from a support level. The current dynamics of the pair is largely driven by recent changes in #oil #prices. It is recommended to fix results of short positions and wait for new #signals. Find out more by checking out the Source Link...
A number of important #technical #levels and lines does not give a directional movement in #Gold an opportunity to develop. It is recommended to stay out of the #market before closure above $1170.50. In this case, we should open long positions. Find out more by checking out the Source Link...
Barclays made a fundamental forecast for EURUSD expecting big volatility for this pair and for USD/JPY as well: "Last week saw a significant improvement in global risk sentiment, benefitting risky assets, despite soft data prints and cautious central bank rhetoric (Figures 1 and 2...
UK CPI came in today at -0.1% missing the 0% estimate. This means that inflation is non existent currently in the UK economy. Analysts expected UK rates initially to start rising Q1 2016 with a total of 0.75% increase in 2016...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, October 13th AUD/USD was lower in Asia as Chinese Trade Balance data was out mixed. The export figures came out in green light with 3.7% contraction, while imports declined more than expected by 20...
Credit Agricole made a fundamental forecast concerning ZEW news event - German ZEW Economic Sentiment and ZEW Economic Sentiment...
US Dollar - "This past week, we have seen the ECB warn of weaker inflation forecasts, the market bolster its expectations of a QQE upgrade for the BoJ in 2015 and the outlook for the BoE’s hike move the end of 2016. FX is a relative field...
#China has released mixed data on #trade balance, exports and imports. Despite that statistics was partially better than expected, the decline of imports by 20.4% supported pessimism on #stock #markets. #Oil is recovering from a severe decline on Monday...
GBPJPY: With the cross printing back to back long-tailed candles on Friday and Monday to trigger bear pressure during early Asia session, we look for weakness to occur. The cross to target its Oct 07 2015 low at 182.49 level. On upside, resistance is seen at the 184.00 level followed by the 185...
Weekly price is on bearish market condition for ranging between Central Pivot at 6474 and key support level at 5758. The price is ranging within Central Pivot at 6474 and key support level at 5758. The nearest resistance levels are Central Pivot at 6474 and key resistance level at 6715...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, and USD/CHF, as provided by the technical strategy team at Barclays Capital. EUR/USD: We were wrong to expect selling interest near 1.1320 to cap upticks. The break above 1.1320 signals further upside towards the 1...
