All Blogs
On the last full trading day of the holiday week, market players will have to monitor geopolitics along with some major indicators about the U.S. economy...
NZDUSD: With the pair reversing its Monday losses to close higher on Tuesday, NZDUSD targets further bullishness. This view is in line with its loss of downside momentum on the weekly chart the past week. Support lies at the 0.6500 level where a break will aim at the 0.6450 level...
Trading recommendations Sell Stop 0.7240. Stop Loss 0.7270. Take-Profit 0.7110, 0.7090, 0.7030, 0.6950, 0.6910 Buy Stop 0.7285. Stop-Loss 0.7250. Take-Profit 0.7300, 0...
Joseph Stiglitz, the Nobel-prize-winning economist, thinks that the famous 2012 promise by European Central Bank head Mario Draghi to shield the euro zone only papered over the cracks that are caused by the defective design of the currency bloc...
It's on decision point. Either break or make. It also having nice long opportunity present with today's low for targeting 1.35. We are still expecting another leg is due before having any reversal. More specific, we are expecting leg can be extended for 1.36...
Barclays Capital is suggesting to open sell trade near 0.6430 with the target near 0.6375 and then the 0.6235 year-to-date lows. Let's evaluate this forecast concerning the technical point of view using Metatrader. NZD/USD: bearish ranging to breakdown...
Dear Traders, The euro remained resilient amidst heightened tensions between Turkey and Russia. The European currency was capped at 1.0670/75, resulting in a barrier for any bullish engagements...
The euro was on defensive on Wednesday after official data showed Italian industrial new orders fell last month. France also released some downbeat numbers...
The possibility of a Fed interest-rate hike next month is at 74%, based on futures prices, shows CME Group’s FedWatch. That consensus has been buoyed by the recent hawkish Fed talk, with the U.S. dollar a big beneficiary...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5108. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5084. Selling zone below this level. GBPUSD could be sold at any levels below 1.5084...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0669. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0650. The selling zone starts from this level...
UOB Group made a forecast for EUR/USD concerning bearish trend resuming on daily price: "Only a daily closing below 1.0580 would indicate the start of a fresh bearish phase." Let's evaluate this forecast in technical point of view. EUR/USD: bearish ranging...
W1 price is located to be below yearly Central Pivot at 1.5946 and above S1 Pivot at 1.4702 on the primary bearish market condition with the secondary ranging: The price is on bearish ranging within 1.5946 Central Pivot and the first support level at 1.4702. The price is breaking 1...
On Tuesday, U.S. crude oil prices jumped nearly 3% on geopolitical tensions in the Middle East after Turkey shot down a Russian warplane near the Syrian border. Meanwhile, the longer-term outlook for oil appears to be less rosy...
The dollar declined on Wednesday, as investors slashed their long-dollar bets and locked in profits after a four-week rally...
The yen gained slightly in Asia on Wednesday despite negative central bank minutes and data on corporate prices as investors pile into safe haven assets after Turkey shot down a Russian war jet on Tuesday...
Barclays Capital made fundamental forecast for USD/JPY suggesting to buy with the target to be near 125.85. Let's evaluate this forecast concerning the technical point of view. USD/JPY: possible bullish breakout...
USDCAD: The pair declined on Tuesday after triggering a corrective pullback and leaving USDCAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed by the 1.3200 level. Further down, support stands at the 1.3150 level and then the 1.3100 level...
XAU/USD: bearish breakdown. The pair is on bearish market condition located to be below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) in the primary bearish area of the chart. The price is breaking 1077...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and would use upticks towards 1.0765 as an opportunity to sell at better levels. Our targets are near 1...
