All Blogs
The National Bank of Canada (NBC) are predicting the Canadian dollar to trade softer over coming weeks. The note from NBC comes at a time of outperformance in the Canadian dollar exchange rate complex. Are we therefore at a turning point in the CAD’s fortunes...
Goldman Sachs Asset Management expects the British currency to jump against the dollar as the Bank of England will possibly increase interest rates sooner than the market predicts...
The battered and bruised oil industry could see some upside in the medium term if it sticks with its period of cost cutting, according to Michele Della Vigna, co-head of European Equity Research at Goldman Sachs. "Sentiment is changing," he told CNBC Monday...
W1 price is on bearish ranging between the following key support/resistance levels: Fibo resistance level at 1.5930 located near 100 period SMA and 200 period SMA on the border between the primary bearish and the primary bullish area of the chart; Fibo support level at 1...
USDJPY: With USDJPY halting its weakness to close higher the past week, it looks to move higher in the new week. We envisage a possible move towards its range top at the 121.32 level. On the upside, resistance resides at the 120.00 level with a turn above here aiming at the 120.50 level...
The probability of the gold price continuing to go up was so unconvincing that i removed the stop loss i had kept near last month's high and put my faith in my level 2 and 3 set up which was still showing a BEAR trend...
In September, bloggers from The Short Side of Long have predicted a double bottom for global equities, as well as a decently high probability that gold might recover further. Today their thinking seems to be on track, as the sector has seen decent gains over the last two weeks...
As mentioned in my recent posts, was prepared for the high volatility in the BEARISH price movement. Even in gold prices, was not convinced about the upward movement, as i saw it as a retracement rather than a trend, especially from level 2 and 3 set up...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and GBP/USD. EUR/USD: trading has been rangy and should continue to be given the lack of data until the ECB's meet/ing on Thursday. We prefer selling rallies towards 1.1400/20...
Official China's third quarter GDP numbers released earlier today caused controversial reactions varying from shrugs to utter disbelief. Let us see why analysts have been so much confused...
Check Trading Recommendations - HERE! Overview and Dynamics In anticipation of the key news from the Eurozone and the US, the EUR / USD will remain under pressure...
United Overseas Bank made a technical forecast for GBP/USD stated that bear market rally will be continuing up to 1.55 as a real target: "We maintains it bullish view on the pair with a target of 1.5570." "We just shifted to a bullish at this stage, there is no change to our view...
Bank of America Merrill Lynch confirm the outlook favours the British pound over the euro despite recent advances in the EURGBP exchange rate. The euro has come under pressure once more as the medium-term recovery rally runs into resistance...
This week's calendar will feature two major policy meetings, the Bank of Canada and the European Central Bank as well as the publication of the Reserve Bank of Australia minutes and its annual report...
At the 19th of October Ak Investment, one of Turkey's largest brokers, officially launched the MetaTrader 4 platform for Forex and CFD trading...
I know everyone likes discounts - not only if they allow you to buy something at a lower price, but also if you can put up an attractive offer for others as a seller. This makes the world a little bit happier I think...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, October 19th NZD/USD slipped lower on Monday as Chinese GDP growth rate slowed from the previous 7% to its current 6.9%. Industrial production figures in China were in red colour at 5...
BNP Paribas suggested to make a short with EUR/USD with 1.0900 target and 1.1630 stop loss, and it is based on 3 fundamental reasons: "Further risk-on – Eurozone capital outflows resume and markets start to reprice Fed hikes = EURUSD lower...
