All Blogs
Oil Struggles to Hold on to Gains in Volatile Trade Oil prices at both the sides of the Atlantic advanced, but struggle to keep the momentum going as investors consider the possibility of a failure of joint OPEC and non-OPEC output freeze...
GBP to Remain Better Offered - FXStreet Ross Burland, Analyst at FXStreet, suggests that as we approach the 23rd June, the pound will undoubtedly remain better offered...
USD/JPY Looking to Regain 108.50 The upside momentum around the Japanese currency now seems to be taking a breather, with USD/JPY hovering over the mid-108.00s. USD/JPY supported at 108.00… for now The pair has accelerated its downside to levels last seen in October 2014 around the 108...
The euro is likely to stay ahead of the FX pack in the short-term as a variety of factors play in its favour, according to research by French lender BNP Paribas...
The down move was an impulsive one (5 wave). The recovery is in A-B-C form. As long as SL is not hit, EURUSD should test today’s low and possibly 1.13 on 100% Fibonacci Extension of the down wave...
We are seeing some hesitation In the important zone of 1.41195. We are currently long in a very favorable price, however if GBPUSD is to reach higher: Keep an eye on 1.41195 Should be breached aggressively if our other targets are to be hit Adjust Stop Loss= 1...
Gold Analysis for April 07, 2016 Since our previous analysis, gold has been moving upwards. As i expected, the price tested the level of $1,239.39 in a high volume. I found strong upward pressure today and my advice is to watch for buying opportunities...
EUR/USD is Undergoing Broad Consolidation - SocGen Research Team at Societe Generale, suggests that after testing key levels 1.06/1.05 last year, EUR/USD is undergoing broad consolidation. Key Quotes “1.05 will decide about next leg of down cycle...
USD/CHF Trade Idea Major resistance – 0.9580 (4H Tenken-Sen and Kijun-Sen) Major support – 0.9530 The pair has once again retreated after making a slight recovery till 0.95720 level. It is currently trading around 0.9525. Intraday bullishness can be seen only above 0.9580 level...
AUD Rally: It’s Complicated – Westpac Sean Callow, Research Analyst at Westpac, suggests that the optimism over AUD has cooled somewhat...
AUD/USD Keeps the Neutral Stance – UOB The perspective for the Aussie dollar remains tilted to the neutral side vs. the greenback in the next 1-3 weeks, according to the research team at UOB Group. Key Quotes “We just turned neutral yesterday and there is no change to the view”...
I offer you the unique indicators to help the trader in his hard work. Presented indicators are suitable for both beginners and experienced traders...
US Equity Futures Drop Ahead of Yellen Speech Major stock futures in the US are trading on a softer note ahead of the weekly jobless claims data release and Fed chief Yellen’s speech. At the time of writing, Dow futures were down 65 points or 0.37%. S&P futures and Nasdaq futures were down 0...
EUR/USD Gains Capped Around 1.17 – Westpac The pair’s upside could find it difficult to advance above the 1.17 mark, suggested Richard Franulovich, Strategist at Westpac...
The last restraining levels were finally passed with sellers. As a result #USD/JPY has left the trading range of the last two months. A large number of protective orders were activated, leading to a powerful wave of sales. Find out more by checking out the Source Link...
Brexit Fears are Dragging Down the Pound - BBH Research Team at BBH, notes that the UK pound is off 2% against the dollar this month and a little more against the euro. Key Quotes “Brexit fears seem to offer a better explanation that trying to link sterling's weakness with yen strength...
#USDCAD has rebounded from the downtrend line, and there were two fundamental reasons for it. The first reason was an unexpected reduction in crude oil reserves according to the U.S. Department of Energy. Find out more by checking out the Source Link...
EUR/GBP Upside Could Struggle at 0.8162/0.8200 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the upside momentum in the cross could struggle in the 0.8162/0.8200 region. Key Quotes “EUR/GBP has exceeded the target...
