GBPUSD: GBP continues to face downside pressure taking back its Monday gains to close lower on Tuesday. With more weakness underway, it could see further decline towards its key support located at 1.5199 level. On the downside, immediate support lies at the 1...
The world's biggest emerging economies including China and Russia are facing a batch of problems including slowing growth and corruption scandals, however, it doesn't prevent the World Bank from calling them better places for doing business...
Trading recommendations and Technical Analysis – HERE! Against the background of weak activity in the financial markets on Wednesday in anticipation of the Fed's decision on interest rates, the pair AUD / USD, however, declined sharply in the Asian session...
The Swedish krona and 10-year government bond yields hit two-month lows on Wednesday after Sweden's central bank expanded its asset purchase program and signaled it would intervene in the currency market if there is a threat to inflation...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: has struggled to get above 1.1100, with the 200-day moving average just slightly above this at 1.1114. Look to sell around 1.1060/1.1080, with a stop above 1...
UBS Group made a weekly technical forecast making the trading recommendations for the USD/JPY pair related for the trading. USDJPY: "We have seen some profit-taking ahead of the FOMC and BoJ meetings this week. Nothing is expected from the FOMC, but the BoJ could be a big event...
FOMC Interest Rate Decision and Statement will be released today at 6:00pm London time. If the Fed strike a hawkish tone in their statement then the market will be satisfied to hold dollars into the next meeting...
#Quotes of #USDJPY have returned to the familiar #trading #range, canceling options to #purchase. It seems that ahead of the #Fed meeting today, nobody wants to take #risks, and therefore, it is better to wait a little more. Find out more by checking out the Source Link...
In recent days, #Gold #prices fell slightly. The #retracement goes within a downward #channel, and only output beyond its borders up may give a reason to buy again. It is recommended to wait for a breakout of a next #resistance level before opening long positions...
DAX (15 min. chart): DAX (1 hour chart): DOW (15 min. chart): DOW (1 hour chart): Crude Oil (15 min. chart...
UBS Group made a weekly technical forecast making the trading recommendations for the EUR/USD pair related for the trading. EURUSD: "We are struggling to see value in shorts." "Sell at 1.1060, adding at 1.1085, with a stop at 1.1110...
Click here to watch previous forecasts. DAX 15 min. chart - forecast checking (2015.10.27.) Dow 15 min. chart - forecast checking (2015.10.27.) EURGBP 15 min. chart - forecast checking (2015.10.27...
Today the most anticipated #event of the week will be held - the announcement of results of the #Fed meeting. Most #market participants expect the Fed to leave its key interest #rate unchanged. But many of the #financial instruments can not determine with the direction...
Consumer Confidence Report will Out after 30 minutes take a look of position and history table...
USD/CAD traders could soon see a period of short-term weakness on an intraday basis, allowing for some severe overbought studies to unwind. The 50 SMA is above the 200 SMA on the hourly chart, at a distance superior to the daily ATR. This indicates an up-trending condition...
Kit Juckes, Research Analyst at Societe Generale, suggests that the tool of quantitative easing used by the ECB has failed to boost the bank lending the region and in turn resulted in the weakening of the Euro...
The Asian equities extend losses for the second day in a row on Wednesday, taking the negative lead from their American counterparts, as nervousness creeps into markets ahead of the much awaited Fed policy announcement due later today...
