Pound, US Dollar May Fall on UK Wages Data and FOMC Minutes Talking Points: British Pound may fall further if soft wages growth undercuts BOE policy bets US Dollar may face selling pressure on minutes from January FOMC meeting Aussie Dollar drops, Yen and Euro gain amid risk aversion in overnight...
Crude Oil (WTI) (H6) Intraday: turning down. Prev Top Pivot: 30.25 Most Likely Scenario: short positions below 30.25 with targets @ 28.30 & 27.40 in extension. Alternative scenario: above 30.25 look for further upside with 31.50 & 32.50 as targets...
AUD/USD bearish below 1hr 100 sma 17 Februari 2016 1:35 AM AUD/USD is currently at 0.7095 with a high of 0.7120 and a low of 0.7089. AUD/USD is offered post the Yuan fix with it weakening more than a big figure to yesterday's fix at 6.5130 and today's at 6.5237...
EUR/JPY: awaiting 4hr 100/200 sma crossover 17 Februari 2016 1:43 AM Valeria Bednarik, chief analyst at FXStreet explained that the EUR/JPY pair turned south this Tuesday, as the Japanese yen recovered its charm on renewed risk aversion, and the EUR maintained a weak tone against all of its major...
NZD/USD: 1 cent range after GDT index - ANZ 17 Februari 2016 1:50 AM Analysts at ANZ explained the the expected range in NZD/USD is 0.6530 – 0.6640. Key Quotes: "NZD/USD fell yesterday as markets looked to the RBNZ expectations survey...
old futures dropped sharply on Monday on signs of growing appetite for riskier assets as Japanese stocks surged 7% and investors cashed in on recent strong gains for the metal. April gold GCJ6, -2.49% fell $28.20, or 2.3%, to $1,211.10 an ounce. On Friday, gold finished down $8.40, or 0...
Pivot Points_Hourly Last Updated: Feb 15, 7:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11002 1.11193 1.11309 1.11384 1.115 1.11575 1.11766 USD/JPY 113.97 114.209 114.345 114.448 114.584 114.687 114.926 GBP/USD 1.43504 1.44004 1.44267 1.44504 1.44767 1.45004 1.45504 USD/CHF 0.98557 0...
Time Country Vol. Event Period...
Pivot Points-Hourly Last Updated: Feb 15, 1:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11665 1.11835 1.11945 1.12005 1.12115 1.12175 1.12345 USD/JPY 113.361 113.613 113.764 113.865 114.016 114.117 114.369 GBP/USD 1.44023 1.44403 1.44562 1.44783 1.44942 1.45163 1.45543 USD/CHF 0.97929 0...
Pivot Points-Daily Last Updated: Feb 15, 12:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11912 1.12132 1.12225 1.12352 1.12445 1.12572 1.12792 USD/JPY 112.748 113.037 113.204 113.326 113.493 113.615 113.904 GBP/USD 1.43635 1.44275 1.44624 1.44915 1.45264 1.45555 1.46195 USD/CHF 0.97363 0...
Pivot Points-Weekly Last Updated: Feb 15, 12:00 pm +03:00 Symbol S3 S2...
Corrective activity abounds With US markets closed for President’s day today, it’s likely to prove a slower start to the week, but as we know, it’s not just about the US anymore, with much of the recent volatility being triggered by events beyond US shores...
15 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 14:00 ECB President Draghi Speech EUR High - - Dovish 21:45 Retail Sales q/q NZD High 1.6% 1.4% Positive 21:45 Core Retail Sales q/q NZD High 1.0% 1...
There is no trade call for the session or tier one data on the calendar for the London session. The main event for the day will come in NY with ECB’s Draghi who is due to testify on monetary policy before the European Parliament’s Economic and Monetary Affairs Committee, in Brussels...
The Federal Reserve's rate path "dot plot" has become increasingly detached from financial markets' interest-rate projections and risks sending an overly hawkish message that may undermine the central bank's credibility...
The outlook for the dollar in the week ahead is not about economic data or the FOMC and ECB minutes. It is about the stability of the global capital markets. Many are looking for an event or official action that will stop the rout that is of historic proportions to start the year...
Oil futures soared on Friday. West Texas Intermediate crude registered its best one-day percentage gain in about seven years. On Friday, WTI crude for March delivery CLH6, +10.72% jumped by $3.23, or 12.3%, to settle at $29...
A week ago we exposed the real reason for the "crazy volatility" in crude oil markets, and specifically the driver of the immense rally (despite weak data) in crude - a massive liquidation of the triple-inverse ETF DWTI...
Money managers for Asia’s wealthy families are favoring the yen as it benefits from the turmoil in global financial markets...
