GBPJPY: With the cross halting its weakness to trigger a rally during Monday trading session today, further bullish offensive is expected in the days ahead. This price action leaves room for more strength towards the 183.00 level followed by the 184.00 level...
Current trend On Friday, the price of Brent crude oil continued falling and reached the level of $50.00 per barrel. The price started the fall after the ECB revised it economic forecasts for the eurozone...
Friday’s August nonfarm payrolls report did little to change analysts’ expectations, which are split almost evenly, that the Fed will raise rates on September 17...
The #FX #market is calm today and all our #trading positions are still relevant. The dynamics of the #USDJPY may be interesting later as tonight Japan will publish its GDP data. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Market sentiment has been damaged with the recent correction and will hardly improve in the short term, setting stocks up for a volatile September as international worries overshadow domestic ones...
Morgan Stanley believes in bullish USD irrespective of commodity, China and some insinuations around Fed hike: USD: USD Strong Against EM. Bullish. "We believe that USD strength will continue to be focused against commodity and EM currencies...
The long-term “bearish divergence” in the S&P 500’s chart signals it is still much too soon to try to pick a bottom. Let us have a look at four charts...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 7th AUD/USD is slowly recovering after decline of last week, when the pair fell below 0.70 to 0.6908 level – the six year lows. Data showed that job advertisements in Australia rose 1...
United Overseas Bank made a forecast for EUR/USD for today expecting the ranging market condition between 1.1105 and 1.1205: "Expect sideway trading for today, likely between 1.1105 and 1.1205." "As long as 1.1255 is not taken out, we continue to expect an eventual move lower to 1.1015...
We are out of the #market in #gold, having no #signals to enter and waiting for breakouts. In #GPBUSD #bears continue to go on the offensive. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Daily price is on primary bullish for secondary correction: the price was stopped by 1.1086 support level located on the upper border of Ichimoku cloud with 1.0847 as the next bearish target located below Ichimoku cloud in the bearish area of the chart. if the price breaks 1...
The USA and Canada celebrate #LaborDay so the #market volatility today is weak. Amid the unsaturated #news background #investors have an opportunity to think about Friday's data on the US labor market. Find out more by checking out the Source Link...
W1 price is on total ranging market condition between the following key levels: 2132.59 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing up to 2134.42 as the next nearby bullish target. 1863...
USDCAD: With USDCAD closing higher the past week, it now eyes a recapture of its key resistance located at the 1.3352 level. This view is consistent with its broader bullishness now in place. Resistance resides at the 1.3352 level where a break will target the 1.3400 level...
In this article I will provide my view on the GBP/AUD. This is a pair that I am currently interested in or was interested in last weeks for trading with the FxTaTrader strategy. ______________________________________ GBP/AUD The pair is clearly in an uptrend and it is gaining momentum...
Instability in China's securities exchanges is nearing its end, a national bank authority said, after Group of 20 money boss hailed worries about potential worldwide overflows...
China's Stock-Market Rout Is Almost Over, Says PBOC Governor The defeat in Chinese stocks is near closure and the country's money related markets are relied upon to wind up more steady, as indicated by the leader of the nation's national bank...
National bank Governor Fahad Al-Mubarak said Saudi Arabia will stay with its money peg the length of oil supports the economy, rejecting hypothesis that the nation's cash framework is going under weight...
GOLD: GOLD declined further the past week leaving risk of more weakness on the cards. However, while it trades above its key support zone located at 1,109.00/1,117.00, we may see it head higher in the new week on recovery. On the downside, support comes in at the 1,110...
