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The result of the short position in #EURUSD was fixed when one of the bars has closed above the red Alligator's line. At this point, we have no market positions. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The order to sell #Gold remains relevant, despite a slight slowdown of the downward trend. The red Alligator's line has moved to 1258.13. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
EUR/USD Still Depressed, Near 1.1200 The demand for the single currency remains subdued on Monday, taking EUR/USD to the boundaries of 1.1200 the figure for the time being...
GBP/JPY Drops Below 158.50, Eyeing 50-DMA for Immediate Support Bears strengthened their grip and extended the GBP/JPY pair's downfall from day's peak of 159.84 to a fresh session low of 158.26 amid global risk-off trade and ongoing concerns over the 'Brexit'...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD Analysis for May 23rd, 2016 EUR USD, “Euro vs US Dollar” Eurodollar has completed the descending wave and right now is forming a new ascending impulse...
Dear Traders, We welcome you to a new trading week. Last week, the market was driven by renewed Fed tightening expectations, which led to broad-based dollar strength. Federal Reserve policy maker...
AUD/USD Finds Respite Around 0.7210 The Aussie dollar remains under pressure on Monday, with AUD/USD tumbling to the lower bound of the range near the 0.7200 handle. AUD/USD upside capped near 0.7260 The pair has quickly eroded the overnight peaks to the 0...
GBP/USD Slides Further Below 1.4500 Handle The GBP/USD pair faded a bullish spike to 1.4549 and extended its slide below 1.4500 handle to currently trade near 1.4475, off day's through level. 'Brexit' continue to dominate the headline surrounding the British Pound...
USD/TRY Eyes 3.05 in 3-Month – Danske Bank Senior Economist at Danske Bank Vladimir Miklashevsky believes the Turkish Lira could depreciate further in the next 3 months...
Gold Turns Lower to Test 50-DMA Gold erased Asian session-gains and fell back in the red zone as the US dollar picked-up strength amid broad based sell-off seen across the financial markets. Gold hovers around $ 1250 mark Currently, gold trades -0.15% lower at 1249...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, May 23rd USD/JPY has fallen from Fridays highs, marked at 110.58 level and now is hovering in the upper half of 109 level...
USD/JPY Still Favouring a Test of 111.90 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, favours a test of the 111.90 area. Key Quotes “USD/JPY is probing the 55 day ma at 110.31 but will need a close above the 111...
USD/CAD Forecast May 23-27 USD/CAD was up sharply last week, gaining 160 points. The pair closed the week at 1.3115. There are only two events on this week’s schedule. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD...
Oil Rally Exceeds Expectations A few months ago, in late March, our crude oil analysis had called for a bottom in WTI oil prices. Back then Crude oil was trading at $32.26 a barrel...
GOLD, Weekly Forecast, May 23 - 27: Break Up of 1260 will Open Uptrend Target on 1294 Main scenario: The pair is trading along an sideways trend between support 1246 and resistance 1260, where break up of 1260 will open target for uptrend on resistance level 1277 and 1294...
GBP/USD, Weekly Forecast, May 23 - 27: Break Up of 1.4530 Open Uptrend Target on 1.4670 and 1.4815 Main scenario: The pair is trading along an sideways trend between support 1.4480 and resistance 1.4530, where break up of 1.4530 will open uptrend target on resistance 1.4670 and then on 1.4815...
GBP/USD Capped at 1.4663? – UOB The research team at UOB Group believes GBP/USD has carved an interim top at 1.4663 in the next weeks. Key Quotes “The sharp drop last Friday was unexpected and the 1.4488 low was just a few pips above our 1.4485 stop-loss”. “Unless GBP can move and stay above 1...
EUR/USD, Weekly Forecast, May 23 - 27: Break Up of 1.1260 Open Uptrend Target on 1.1460 Main scenario: The pair is trading along an sideways trend between support 1.1215 and resistance 1.1260, where break down of 1.1215 will open downtrend target on 1.1150 and then to 1.1050...
Daily Recommendations on Major - USD/JPY DAILY MARKET OUTLOOK Update Time: 23 May 2016 09:38 GMT USD/JPY - 109.50 Dollar's intra-day decline in Asian and European morning due to broad-based buying of yen following warnings by U.S...
