EUR/USD has been range-bound over the last few months but we continue to believe the range is likely to break to the downside...
EUR/USD: Bearish: Bearish for a modest target of 1.0810. We just turned bearish EUR yesterday and there is no change to the view. As mentioned, we have a modest target of 1.0810 with a stop-loss at 1.1030 even though 1.0965 is already a strong resistance. Overall, only a move back above 1...
Technical Analysis of EUR/JPY for March 1, 2016 01 Maret 2016 2:34 PM General overview for 01/03/2016: Let's take a look at the higher time frame technical picture and Elliott wave count for this pair. In a daily time frame, we can see a complex corrective structure labeled as ABC-X-ABC pattern...
Technical Analysis of EUR/USD for March 01, 2016 01 Maret 2016 9:17 AM When the European market opens, some economic news will be released such as Unemployment Rate, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, German Unemployment Change, French Fina...
Technical Analysis of USD/JPY for March 01, 2016 01 Maret 2016 9:16 AM In Asia, Japan will release the 10-y Bond Auction, Final Manufacturing PMI, Capital Spending q/y, Unemployment Rate, and Household Spending y/y...
Daily analysis of major pairs for March 1, 2016 01 Maret 2016 6:29 AM EUR/USD: The EUR/USD pair traded further south on Monday, making more conspicuous the bearish movement that started a few weeks ago...
Business activity in China's industrial sector remains below the level of 50 that is considered to be contraction. Another portion of weak statistics gives reason to expect new stimulus moves by the People's Bank of China. Find out more by checking out the Source Link...
Daily Forecast GOLD 1/3/2016 On the h1 chart, having the shark harmonic pattern formed a reversal is in sight. If thes ituation continues, we will have more drops coming in the market. Best of luck to all the members of MyForexOffice. Description Analyzer : http://myforexoffice...
EURUSD Daily Forecast: March 01 2016 01 Maret 2016 2:56 AM EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.0962 but whipsawed to the downside and closed lower at 1.0872...
GBPUSD Daily Forecast: March 01 2016 01 Maret 2016 2:51 AM GBPUSD Forecast The GBPUSD was corrected higher yesterday topped at 1.3946. The bias is neutral in nearest term but as long as stays below 1...
USDJPY Daily Forecast: March 01 2016 01 Maret 2016 2:47 AM USDJPY Forecast The USDJPY failed to continue its bullish momentum yesterday bottomed at 112.65 and hit 112.15 earlier today. The bias is bearish in nearest term testing 111.65 area...
USDCHF Daily Forecast: March 01 2016 01 Maret 2016 2:33 AM USDCHF Forecast The USDCHF was indecisive yesterday. Price attempted to push higher, slipped above 1.0000 but closed lower back below 1.0000...
EURUSD: With EURUSD continuing to maintain its downside pressure, further weakness is envisage in the days ahead. Support lies at the 1.0950 level. Further down, support lies at the 1.0800 level where a violation will aim at the 1.0750 level. A break of here will aim at the 1.0700 level...
Chicken Little would have been in his element today. The sky may not be falling, but plenty else is, be it latest Eurozone inflation prints and bond yields, incoming US economic data or China’s Reserve Requirement Ratio...
BNP Paribas' quant model 'STEER' maintains a short AUD/USD and a long USD/CAD signals. "USD looks cheap versus the commodity bloc currencies STEER remains short AUDUSD, targeting a move to its short-term fair value of 0.6990, reflecting the recent underperformance of Australian equities...
Traders, already leaning bearishly towards the euro given recent European Central Bank commentary, became even more bearish Monday as deemed dovish flash EMU inflation data dragged eurozone yields lower...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by Friday’s sell-off. We are looking for a move towards initial targets near 1...
Strong fundamentals still make the dollar one of the best bets for 2016, despite recent back-peddling by the Fed; as for the pound – Deutsche see mega-downside potential...
Currency investors should consider selling NZD/USD this week, advises Morgan Stanley in its weekly FX pick to clients. MS' rationale is as follows: "In the stronger USD environment, the NZD would end up weakening the most...
