2015-02-05 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Retail Sales] past data is 0.1% forecast data is 0.4% actual data is 0.2% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
The GBPUSD managed to continue building on its momentum from the unexpected “risk on” sentiment seen late Tuesday evening, with the pair advancing to 1.5250...
The eFXnews Team shares SEB’s intraday technical outlook for EUR/USD, expecting 1.1395 to cap the pair’s upside. Key Quotes “Yesterday’s price action indicates that the upward reaction fell short of its ideal target, the equality point between wave a and c, 1.1588...
At the beginning of the week we highlighted a possible price reversal in AUDNZD, and sure enough it broke out of its medium-term upward trend shortly thereafter. The pair is now finding some resistance around its 200/4hr SMA, but we are getting nervous about a potential rally in the near-term...
The Research Team at Standard Bank, notes that markets are seemingly prepared for BoE to keep rates on hold in today’s meeting, with rate-expectations pushed back by some months...
The Research Team at Varengold Bank, views that NZD/USD has the scope to for a further upward movement in the future, with the pair continuing to decline since July and rebounding after making a new low at 0.7202. Key Quotes “After touching the resistance line at 0...
“The older I get, the more I realize the truth is the simpler the food, the more exceptional it can be...
Nomura expects the US NFP to cone at a net new 230k jobs to be added to the US economy in January. Key Quotes "We expect the Bureau of Labor Statistics (BLS) to report on Friday, 6 February, that a net new 230k jobs were added to US nonfarm payrolls in January...
AUD/USD: Short One short position with a traling stop is still open since last week. See for more information my weekly reviews on my strategy pubished in the last 2 weeks. The AUD is at the moment the weakest currency with a score of 1 and the USD is the strongest with a currency score of 8...
US DOLLAR TECHNICAL ANALYSIS Prices may be preparing to decline after prices put in a bearish Evening Star candlestick pattern. Negative RSI divergence bolsters the case for a downside scenario. Near-term support is at 11734, the intersection of the 14...
2015-02-04 15:00 GMT (or 17:00 MQ MT5 time) | [USD - ISM Non-Manufacturing PMI] past data is 56.2 forecast data is 56.3 actual data is 56.7 according to the latest press release if actual > forecast (or previous data) = good for currency (for USD in our case...
Byron Wien: The Power of Lower Oil Prices (Blackstone) A Revelation For Small-Cap Investing Strategies (Capital Spectator) but see Most of the time stock markets do nothing...
FXStreet Analyst, Craig Drake,reviews the US ADP Employment data release, noting that the report reflects the negative effect on falling oil prices on hiring and payrolls...
Gold in EUR terms advanced today to trade above EUR 1100 levels as the markets ignored upbeat PMI data in the Eurozone, while favoring the ongoing political developments in Greece. Safe haven appeal The yellow metal advanced 1.12% to EUR 1110...
The shared currency remains in the red territory today with bullish attempts in EUR/USDbeing so far limited by the 1.1460 area. EUR/USD eyes on ADP, US data The pair continues to trade in the mid-1...
GBP / EUR: Forecast for 2015 from banks Barclays, HSBC LIoyds, Morgan Stanley, Nomura, RBS, Scotiabank An excerpt of the seven banks. Median, Minimum, Maximum. PS: indicators that you can use in your trading system. Good Luck...
Analysts at Danske Bank see the pair resuming its downside, targeting 1.10 during the first half of 2015. Key Quotes “More broadly, the rise in the oil price and converging economic cycles is the main themes in FX markets”. “EUR/USD has rebounded sharply and the DXY index is weakening”...
Valeria Bednarik, Chief Analyst at FXStreet, notes that today’s expectedly strong UK Markit Services PMI might support GBP/USD, expecting a break above the immediate resistance at 1.5220 to lead the pair higher towards 1.5250 levels...
Analysts at UOB Group, view the short-term outlook for GBP/USD as positive, with immediate risk being on the upside. Key Quotes “Despite improving short-term upward momentum, only a break above the key resistance at 1.5270 would indicate the start of a sustained mid-term recovery...
The EUR/USD pair trades dead flat as investors await services PMI reports across the Eurozone, while assuming Greek fears remain subdued. Stuck in a 30-pip range The pair has been restricted in a narrow range of 1.1483-1...
