CitiGroup Technicals believe that USDJPY will move higher soon for breaking 125.85 resistance level: "We are back above the inverted head and shoulder neckline/prior range top on USDJPY (124.49 and 124.58. respectively), which opens the way for towards the June high (125.85...
Barclays evaluated the recent NFP data and made the conclusion that FOMC has already decided about what to tell during the next meeting. Barclays watched the job data and established the correlation between job market and FOMC decisions concerning the inyerest rate to be changed...
Barclays is suggesting to buy USD/CHF as the most tradable pair for this week: "We think poor Swiss fundamentals continue to support CHF depreciation from still-overvalued levels...
Interest Rates Are Already Hurting Mortgage REIT ETFs And this one in particular R.E.M. is the name of an alternative rock band that formed in the early 1980s. REM is the name of an exchange-traded fund that began trading in 2007...
Dollar Bulls Watch for Full-Time Shoppers to Fuel Economic Gains More Americans are employed and they are receiving higher wages, so consumer spending may be the next signal that dollar strength has more room to run. The U.S...
The pound to dollar exchange rate is presently at fair value but will fall in the next few months says an updated currency note from Danske Bank...
XAU/USD: ranging below yearly Central Pivot. This pair is on bearish ranging below Central Pivot at 1237.48 for trying to break S1 Pivot at 1082.97 on close weekly bar for the bearish trend to be continuing. The key target in our case is 1077...
Credit Suisse made a forecast for Non-Farm Employment Change for this week with detailed explanation about what to expect for example: "We continue to see an asymmetry in favor of the USD going into Friday’s US employment data...
Deutsche Bank made a forecast for USDJPY for August-October 2015 and for 2016: August-October 2015 "We believe the USD/JPY could jump to a ¥125-128 level over the next few months in reflection of robust US economic indicators...
Societe Generale made some review for Non-Farm Employment Change report (Change in the number of employed people during the previous month, excluding the farming industry) which will be on Friday: "There’s a risk that we see edgy markets in the meantime...
Gold Forecast: Stability Creates Instability. So we are presently well inside of our long gauge downtrend. Having broken to five year lows, we are watching to perceive how we fall over the advancing weeks… and how seriously we end the month...
Bullion dropped on Friday, trying to breach the support area around $1,080 and confirm the bearish bias. London - Gold was seen dropping on Friday, changing hands around $1,080 as traders continue to sell every small rally and hold the price below the psychological $1,100 resistance...
The Deutsche Bank updated their view on EUR/USD summarized all the factors and made a conclusion about target EUR/USD at 1.02 by Q3-end: "The European outflow story remains fully on track...
The Royal Bank of Scotland predicted the price for EURUSD as 1.05 1-year target, and those are the 5 key factors from RBS: "None of this has much directly to do with Greece...
XAU/USD: strong bearish. This pair is on bearish condition for all the timefarmes: triangle pattern was broken to below for H4, nearest target is 1077.19 for D1 and W1. Many banks are making the forecasts about 1000 and 900 targets but I see just two targets here: 1077.19 support level and 1000...
Sterling received a boost from the first estimate of UK Q2 GDP, which posted a positive 0.7% increase over the quarter, meeting forecasts. London - Sterling hiked after the UK first Q2 GDP estimate showed that the UK economy grew 0.7% in the quarter to June, meeting forecasts...
XAU/USD: bearish to below 1K. This pair is on bearish market condition for all timeframes started with H1 for example. The price is breaking 1086...
Goldman Sachs' chief equity strategist David Kostin made a long-term macro forecast for S&P 500, currencies, energy, metals and equity, and - after summarizing all those market forecasts - he decided that things aren't looking good this year...
EUR/USD: ranging around key levels. This pair is ranging for few days trying to break some key levels for the trend to be continuing. But from what I see about it - this is just a ranging - means: trading inside the channel with very strong support/resistance levels...
