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US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD...
World Oil Marketing Company (OMC) Although European oil industry was founded at the beginning of the century, it was not until the end of 1967 that the oil industry began to play a prominent role in the European economies...
European investors head into what is effectively the first full trading week of the year preoccupied with developments in the global economy and major questions as to the resilience of the currency area's recovery and the support offered by the European Central Bank...
Whisper it quietly, but risk sentiment has improved overnight. There has been no definitive reason, however there has been a series of factors that can be attributable...
We are holding the sale position in #GPBUSD. #Trading activity is not very high in comparison with the previous days, due to expectation of the U.S. #employment data release. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We continue to hold the long position in #EURUSD, to which we have already added an additional volume in accordance with #trading #signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
GOLD: Having capped its strength at 1113.09 level to weaken during Friday trading session, GOLD faces more downside risk on pullback. Except it retakes the 1113.09 resistance, it should target further weakness. On the downside, support comes in at the 1090...
Dear Traders, The euro continued its relief rally against the U.S. dollar and tested the resistance zone between 1.0925 and 1.0950. As long as there is no significant break above 1.10 and further 1.1050, the latest downtrend is considered intact...
Bulls in #USDJPY are making desperate attempts to cling to the reached during the mass #sales level 118. This value was the lowest since epic sales in August, called the "Black Monday." Find out more by checking out the Source Link...
On the eve #Gold was in demand by #investors amid concerns about the deteriorating global #economy. If to consider the situation in the context of long-term trends at the moment #XAUUSD #quotes are traded in the downward #price channel. Find out more by checking out the Source Link...
ng Trade Setup (Jan 8) Here is one Swing Trade setup. On Daily chart, this pair is in the downtrend, by making series of Lower Highs and Lower Lows. Currently Stochastic is hitting almost 75% and the current price is at Role Reversal Resistance area. Thus I am looking to short this pair...
For today R5 - 1.4849 * 30 Dec high R4 - 1.4816 4 Jan 2016 high R3 - 1.4786 29 Dec low R2 - 1.4726 5 Jan 2016 high...
#Gold is declining after the Chinese #stock #market has slightly recovered. Why does depreciation of the #yuan cause such a strong reaction of financial markets? Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Pre European Open, Daily Technical Analysis Friday, January 08, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the bias remains bullish. Pivot: 1...
THE JOBS REPORT WILL ARRIVE AS MARKET UNCERTAINTY RISES DUE TO CHINA AND OIL PRICE FEARS The employment component has been the strongest pillar of the U.S. economy. Despite strong growth in the monthly job reports the U.S...
GBPUSD: GBP has halted its weakness to close on a rejection candle on Thursday. This development has set the tone for a recovery higher threats. Support lies at the 1.4550 level where a break will turn attention to the 1.4500 level. Further down, support lies at the 1.4500 level...
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Content courtesy of Tallinex Limited (https://www.tallinex.com) GOLD (XAUUSD) Dominant bias: Bearish Gold topped out at 1307.35 during 2015, later reaching a low of 1046.21...
The Romans gave their Plebian citizens a day at the Coliseum, and the French royalty gave the Bourgeoisie a piece of figurative “cake”, so it may be true to form that in the still prosperous developed economies of 2016, we provide Fantasy Sports, cellphone game apps, sexting, and fast food to app...