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Consolidating. • USD/CAD has increased sharply this week. The pair is now consolidating. There is still a strong upside momentum. Resistances can now be found 1.3535 (09/03/2017 high). Hourly support...
Analytics & Forecasts
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Jiming Huang, 24 April 2017, 14:08
Sharp bounce. • USD/CHF keeps on declining despite strong volatility. The short-term technical structure is negative as long as prices remain below the hourly resistance at 1.0171 (07/03/2017). Monitor...
Analytics & Forecasts
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Jiming Huang, 24 April 2017, 14:04
Moving higher. • USD/JPY has drifted higher. Hourly resistance at 109.10 (18/04/2017 high) has been broken. Other resistance can be found at 110.11, while a key resistance stands at 112.20 (31/03/2017 high...
Analytics & Forecasts
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Jiming Huang, 24 April 2017, 14:02
Slightly lower. • GBP/USD is consolidating lower after sharp bullish rally. Resistance stands at 1.2905 (18/04/2017 low). The pair is now monitoring hourly support at 1.2775 (21/04/2017 low) as a...
Analytics & Forecasts
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Jiming Huang, 24 April 2017, 13:58
Rally after first round. • EUR/USD is pushing higher. Hourly support can be found at 1.0682 (21/04/2017 base) then 1.0576 (11.04.2017 low). Stronger support can be found at 1.0494 (22/02/2017 low). Resistance...
Analytics & Forecasts
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Jiming Huang, 24 April 2017, 13:55
According to the latest information, during the first round of the presidential elections in France, Emmanuel MacRon won 23.9% of the vote, the second among Marin Le Pen with 21.4%. It is likely that during the second round of elections, Macron can defeat Le Pen...
Analytics & Forecasts
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TifiaFX, 24 April 2017, 12:41 #fundamental analysis, forex
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, April 24th The EUR/USD pair opened today with a huge gap, refreshing its half-year tops at the level of 1.0919, following E.Macron’s win at the first French election round with 23...
Analytics & Forecasts
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EEAnalytics, 24 April 2017, 12:28
How To Secure Copy Trading EUR/USD Take profit Hit at 1.0800 |📌+205 pips profit . Check out Trade details on Telegram messenger https://telegram.me/tradingupdate...
Analytics & Forecasts
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[Deleted], 24 April 2017, 11:25
In doing forex trading, actually we are given flexibility in determining the risks and rewards that we will bear or we receive. This value is not bound by anything in the sense that we are free of the maximum risk that we bear the responsibility and how much reward we can accept...
Trading Strategies
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Ali irwan, 24 April 2017, 05:45
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com‌ EURUSD Dominant bias: Bearish The trend upwards last week briefly broke the resistance line at 1.0750, then retraced. The support lines at 1.0700 and 1...
Analytics & Forecasts
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ap5m6, 23 April 2017, 19:40
Fed Vice Chairman Stanley Fischer believes changes that PresidentDonald Trump is exploring on bank regulations could pose a serious threat to the financial system...
Market News
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Jiming Huang, 23 April 2017, 09:19 #Fed
Goldman Sachs wants to be more transparent in how it rates its employees, according to a new report. The investment bank plans to roll out a new review system, in which employees will receive continual feedback from managers and peers,The Wall Street Journal reported on Friday...
Market News
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Jiming Huang, 23 April 2017, 09:14
If you are trading the euro, you need to be watching the election in France this weekend. While it is the first of two rounds with a final vote scheduled for May 7th, the winner's lead could set the tone for how European assets trade for the next few weeks...
Analytics & Forecasts
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Valeriy Brusilovskyy, 23 April 2017, 07:36
GBPUSD: With the pair continuing to hold on to its corrective recovery following its past week gains, more strength is envisaged in the new week. Support lies at the 1.2750 level where a break will turn attention to the 1.2700 level. Further down, support lies at the 1.2650 level...
Analytics & Forecasts
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FXTechstrategy.com, 22 April 2017, 16:47
First, a review of last week’s forecast: - In the opinion of almost half of the experts (40%), supported by graphical analysis on H4, the pair EUR/USD, which has been moving in the medium-term rising channel that began in December 2016, had been expected to rise to 1...
Analytics & Forecasts
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Sergey Ershov, 22 April 2017, 13:38 #usd/jpy, GBP/USD, forex
Oil prices tumbled more than 2 percent on Friday, notching the biggest weekly decline in more than a month on mounting evidence that U.S. production and inventory growth were offsetting OPEC's attempts to reduce the global crude glut. Brent futures <LCOc1> settled at $51...
Market News
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Jiming Huang, 22 April 2017, 03:38
Official figures are suggesting Shanghai is now the world's largest international trading city due to the government's measures to encourage and upgrade trade. Imports and exports through the city's ports were nearly 6.9 trillion yuan last year, accounting for 28...
Market News
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Jiming Huang, 22 April 2017, 03:34
Donald Trump’s stunning policy reversal on China’scurrency this week shone a light on theadministration’s contradictory views on foreignexchange, and risks expos ing the president to apolitical backlash over abandoned campaignpromises, analysts say...
Market News
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Jiming Huang, 22 April 2017, 03:28
World finance leaders on Thursday defended globalization against an assault from President Donald Trump and European populists. They argued that blocking free trade would hobble economic growth instead of saving jobs from foreign competition...
Market News
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Jiming Huang, 22 April 2017, 03:20 #IMF
US Treasury Secretary Stephen Mnuchin said in his yesterday's speech that the tax reform plan will appear "very, very soon". This plan will be "decisive, substantial and will be the main priority for President Trump...
Analytics & Forecasts
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TifiaFX, 21 April 2017, 13:06 #technical analysis