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GBPJPY: With the cross halting its weakness to trigger a rally during Monday trading session today, further bullish offensive is expected in the days ahead. This price action leaves room for more strength towards the 183.00 level followed by the 184.00 level...
Current trend On Friday, the price of Brent crude oil continued falling and reached the level of $50.00 per barrel. The price started the fall after the ECB revised it economic forecasts for the eurozone...
Friday’s August nonfarm payrolls report did little to change analysts’ expectations, which are split almost evenly, that the Fed will raise rates on September 17...
Morgan Stanley estimated the EUR to be in neutral situation related to fundamental factors - the price will be ranging within the familiar levels: EUR: The ECB Pushes Back. Neutral...
Oil prices were down slightly on Monday as traders start to position ahead of economic growth data from the eurozone due out this week...
According to a new poll, more citizens of the United Kingdom expressed willingness to leave than to stay in the European Union. The potential for an exit has spurred real concerns among British businesses and investors, which have enjoyed trading benefits associated with EU membership...
Market sentiment has been damaged with the recent correction and will hardly improve in the short term, setting stocks up for a volatile September as international worries overshadow domestic ones...
This post is relevant, if you are running an EA (Expert Advisor). If you are using VPS (Virtual Private Server). This post is about your VPS restarted while you are sleeping and dreaming about the growth you gonna make when your EA did some successful trades...
Morgan Stanley believes in bullish USD irrespective of commodity, China and some insinuations around Fed hike: USD: USD Strong Against EM. Bullish. "We believe that USD strength will continue to be focused against commodity and EM currencies...
This week starts with a very quiet economic calendar but continues potentially with three policy meetings of major central banks. Moreover, market players expect the euro area and the U.K. to release the final GDP, and Australia and the U.K...
On Monday, the Shanghai market was jittery, despite calming comments from the governor of China’s central bank over the weekend and more efforts by the government to contain market rout. The Shanghai Composite gauge was up nearly 2% earlier, before falling back to close with a loss of 2...
The long-term “bearish divergence” in the S&P 500’s chart signals it is still much too soon to try to pick a bottom. Let us have a look at four charts...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 7th AUD/USD is slowly recovering after decline of last week, when the pair fell below 0.70 to 0.6908 level – the six year lows. Data showed that job advertisements in Australia rose 1...
United Overseas Bank made a forecast for EUR/USD for today expecting the ranging market condition between 1.1105 and 1.1205: "Expect sideway trading for today, likely between 1.1105 and 1.1205." "As long as 1.1255 is not taken out, we continue to expect an eventual move lower to 1.1015...
For today R4 - 1.1364 / R3 - 1.1332 / R2 - 1.1252 / R1 - 1.1208 SPOT 1.1146 S1 - 1.1084 / S2 - 1.1017 / S3 - 1.0961 / S4 - 1.0925 SHORT AT 1.1175 FOR 1.1020; STOP AT 1.1260 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
China trimmed its growth rate for 2014 to 7.3% from 7.4%, in a move likely to add to concerns about the world's second largest economy...
Daily price is on primary bullish for secondary correction: the price was stopped by 1.1086 support level located on the upper border of Ichimoku cloud with 1.0847 as the next bearish target located below Ichimoku cloud in the bearish area of the chart. if the price breaks 1...
On Monday the Australian dollar hit a six-year trough against its U.S. counterpart before regaining ground after the release of upbeat job advertisement data from Australia. The gains were capped, however, as hopes for a U.S. rate hike continued to support the greenback...
W1 price is on total ranging market condition between the following key levels: 2132.59 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing up to 2134.42 as the next nearby bullish target. 1863...
USDCAD: With USDCAD closing higher the past week, it now eyes a recapture of its key resistance located at the 1.3352 level. This view is consistent with its broader bullishness now in place. Resistance resides at the 1.3352 level where a break will target the 1.3400 level...
