The EUR/USD pair trades dead flat as investors await services PMI reports across the Eurozone, while assuming Greek fears remain subdued. Stuck in a 30-pip range The pair has been restricted in a narrow range of 1.1483-1...
The International Monetary Fund defines deflation as a sustained fall in the general price level which occurs when the inflation rate falls below 0%. This will be applicable to you, unless you are the Bank of Thailand...
FXStreet Editor and Analyst, Omkar Godbole, expects EUR/USD might make another move towards its previous high at 1.1535 levels, with technicals supporting this view. Key Quotes “The pair witnessed an upside breakout from the trading range to test 1.1535 levels, before finishing at 1.1482 levels...
High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets by Robert C. Miner Trading today's markets - including stocks, futures, or Forex - can be a challenging and difficult endeavor...
AUD/USD: Short One short position with a traling stop is still open since last week. See for more information my weekly reviews on my strategy pubished in the last 2 weeks. The AUD is at the moment the weakest currency with a score of 1 and the USD is a stronger currency with a score of 7...
US DOLLAR TECHNICAL ANALYSIS Prices may be readying to turn lower after producing a bearish Evening Star candlestick pattern. A daily close below the intersection of the 14.6% Fibonacci retracement and a rising trend line at 11734 exposes the 23.6% level at 11648...
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that EUR/USD short-term technicals as mixed, with the pair still trading within its 8-session range of 1.1098 – 1.1423. Key Quotes “EUR is flat, still trading within its 8‐session range of 1.1098 to 1...
Very interesting bitcoin price movement BTCUSD breakout on the chart. Let’s see if the higher low holds. Bullish trend and buy signal if cracks 235...
The risk of deflation continued to weigh on the global economy, as China's manufacturing sector showed excess supply and insufficient demand in January driving down prices and production, says The Guardian...
The Reserve Bank of Australia (RBA) has just become the latest passenger to join the central bank surprise train, with the RBA unexpectedly easing monetary policy a few hours ago. The RBA cut interest rates to a new record-low at 2...
2015-02-03 03:30 GMT (or 05:30 MQ MT5 time) | [AUD - Cash Rate] past data is 2.50% forecast data is 2.50% actual data is 2.25% according to the latest press release if actual > forecast (or actual data) = good for currency (for AUD in our case...
EUR/USD Technical Strategy: Flat Support: 1.1206, 1.1074, 1.0859 Resistance:1.1318, 1.1444, 1.1659 The Euro may be readying to turn upward against the US Dollar after producing a bullish Morning Star candlestick pattern. Near-term rising trend line resistance is at 1...
GBP/USD Technical Strategy: Flat Support: 1.5025, 1.4903, 1.4805 Resistance: 1.5100, 1.5165, 1.5269 The British Pound continues to wait for direction as prices languish in digestion mode below the 1.53 figure against the US Dollar. A daily close above the 14.6% Fibonacci expansion at 1...
Strategists at Westpac see the chance of anoher 25 bp rate cut by the BoC in its March meeting...
As Westpac's chief economist Bill Evans predicted (back on 4th Dec), the RBA cut rates 25bp and going into meeting market took the view it was a 50/50 call. Bill believes the RBA will follow this cut with a further 25bp cut in March...
According to Valeria Bednarik, Chief Analyst at FXStreet, the EUR/USD range might terminate soon and give direction to the single currency which is seen extending its consolidative stage today. Key Quotes “The EUR/USD consolidative stage extends into Thursday, with the pair unable to find a way...
The US dollar bounced-back against the Canadian counterpart in the early European morning, reversing previous losses as profit taking pushed the loonie on the back seat. Back above 1.2600 Currently, the USD/CAD recovered previous losses and traded higher by 0.43% at 1.2622 levels...
Investors following tactical strategies should consider selling AUD/USD into the RBA meeting this week, advises Barclays Capital in its weekly FX pick to clients. The trade is macro-technical driven. On the macro-side, Barclays' rationale is as follows: "We expect the RBA to cut 25bp this week...
Westpac Bank is Australia's First Bank with a range of innovative financial packages to suit your needs. This leading Australian bank offers online banking. Forecasts for EUR / USD, USD / JPY, AUD / USD, NZD / USD, AUD / NZD — Westpac. PS: indicators that you can use in your trading system...
D1 price is on primary bearish with secondary flat since the mddle of last week: The price is located below Ichimoku cloud/kumo which is indicating the primary bearish for this timeframe Chinkou Span line is located too far from the price for any breakout or breakdown in the near future Nearest s...
