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Dear Traders, Today I am introducing one of the new forex broker house. This broker is working from 2014 and within this short time this broker won two awards. I had traded with them few months, make profit and got withdrawal without any problem...
Analytics & Forecasts
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Pankaj D Costa, 9 March 2016, 19:20
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, USD/JPY, EUR/JPY, AUD/USD, and NZD/USD. EUR/USD: A lot of short-term positions have been cleared and most market participants jumping back in will likely be running a smaller position...
An update on the Candian Dollar from forecasts at Westpac, Lloyds and Swissquote Bank...
Analytics & Forecasts
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Vasilii Apostolidi, 9 March 2016, 16:48 #forex
Feedback loops continue to operate in financial markets, with equity and commodity prices remaining subdued after the rise in US rates earlier this week, notes BNP Paribas. "The US 2-year Treasury yield is holding below 90bp and the USD has continued to gain vs...
Analytics & Forecasts
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Vasilii Apostolidi, 9 March 2016, 16:26 #forex
Risk aversion is failing to support the Euro. It’s trading less like the yen amid the concerns about immigration and ‘Brexit’. That gives the ECB a greater chance of driving it lower if they deliver easier policy on Thursday. I’ve not given up hope of a test or even a break of EUR/USD 1...
Analytics & Forecasts
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Vasilii Apostolidi, 9 March 2016, 16:08 #forex
USD/JPY: Go Long on Dips to 112.00 – Westpac Occasional dips towards the 112.00 area in USD/JPY are considered as buying opportunities, according to strategists at Westpac. Key Quotes “USD/JPY has not been able to break back above 114...
Currency
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Roberto Jacobs, 9 March 2016, 15:43
EUR/JPY Off Lows as JPY Selling Underway in NY session The offered tone around JPY gathered traction in the NY session, helping the EUR/JPY cross trim losses to trade around 123.50 levels...
Currency
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Roberto Jacobs, 9 March 2016, 15:41
EUR/USD Drops Further, Visits 1.0950 The shared currency keeps losing altitude on Wednesday, now sending EUR/USD to fresh daily troughs in the mid-1.0900s. EUR/USD cautious ahead of ECB Spot is prolonging its daily pullback from overnight tops near 1...
Currency
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Roberto Jacobs, 9 March 2016, 15:39
BoC March Meeting - Wed 3/9 - 10:00 AM ET No change in rates is expected at the March BoC meeting. Incoming data and a recovery in commodity prices have been supportive to growth expectations...
Analytics & Forecasts
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Vasilii Apostolidi, 9 March 2016, 15:34 #forex
Technical Analysis of NZD/USD for March 09, 2016 Overview: The NZD/USD pair sharply rose from the level of 0.6723 towards 0.6790. Now, the price is set at 0.6779. The resistance is seen at the level of 0.6820. Moreover, the price area of 0.6820 - 0.6815 remains a significant resistance zone...
Technical Analysis of USD/CHF for March 09, 2016 Overview: The USD/CHF pair continues to move upwards from the level of 0.9887. The pair rose from the level of 0.9887 to a top around 1.0028. Today, the first resistance level is seen at 1.10075 followed by 1...
USD/CAD Intraday Technical Levels and Trading Recommendations for March 9, 2016 A bullish breakout above the previous consolidation zone between 1.2400 and 1.2800 was performed on July 15 (shown on the weekly chart). A significant bearish rejection was observed around 1.3450...
Analytics & Forecasts
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Roberto Jacobs, 9 March 2016, 15:26
GBP/USD Fails to Sustain Intraday Gains, Falls Back Below 1.4200 GBP/USD advanced to daily highs during the European session following a string of mostly upbeat UK data. GBP/USD climbed to a peak of 1.4240, but failed to sustain gains and retreated to the 1...
Currency
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Roberto Jacobs, 9 March 2016, 14:57
AUD/USD in Fresh Highs Near 0.7500 The bullish momentum around the Aussie dollar remains unabated so far, now lifting AUD/USD to the boundaries of 0.7500 the figure. AUD/USD in multi-month peaks The pair continues its march north today, visiting levels last traded in July 2015 around the 0...
Currency
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Roberto Jacobs, 9 March 2016, 14:52
An order to buy #EURUSD was closed with a small #profit after one of the bars has closed under the red Alligator's line. Currently, we do not have any open positions, but we are ready to enter the market. Find out more by checking out the Source Link...
Yen Falls Against Majors The Japanese yen erased its early gains against its major rivals and declined in European deals on Wednesday. The yen eased to 76.31 against the kiwi, 84.41 against the aussie, 160.29 against the pound and 112.67 against the franc, from its early 6-day high of 75...
Currency
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Roberto Jacobs, 9 March 2016, 14:48
A result of a long position in #Gold was fixed with a #profit after the price has crossed a fractal level downwards. Here we have entered a short position, according to the System rules. Find out more by checking out the Source Link...
EUR/NZD Analysis for March 09, 2016 Overview: Recently, EUR/NZD has been moving downwards. As I expected, the price tested the level of 1.6141 in a high volume. In the daily time frame, we can observe a supply bar in an average volume...
Analytics & Forecasts
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Roberto Jacobs, 9 March 2016, 14:36
Intraday Technical Levels and Trading Recommendations for GBP/USD for March 9, 2016 On January 21, after the GBP/USD pair moved below 1.4220, evident signs of a bullish recovery were expressed around 1.4075. Hence, previous weekly candlesticks closed above 1.4220 and 1.4360 again...
Analytics & Forecasts
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Roberto Jacobs, 9 March 2016, 14:31
Gold Analysis for March 09, 2016 Overview : Since our last analysis, gold has been trading downwards. As I expected, the price tested the level of $1,251.45 in a high volume. In the daily time frame, I found a supply bar (upthrust), which is the sign of weakness and sluggish demand...
Analytics & Forecasts
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Roberto Jacobs, 9 March 2016, 14:26 #gold