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...
EUR/USD: The price is ranging between 1.0830 & 1.0995 levels for the primary bearish. The price will go to be out of ranging zone in case of 1.0879 support level to be broken from above to below...
I continuing to make a technical forecast of the value/price of the pairs at year-end. Some pairs were already estimated for year-end value which as GBPUSD, EURUSD, USDJPY as well as Crude Oil, S&P 500 and Silver...
EUR: Bearish Weekly price is on primary bearish market condition located below Ichimoku cloud for trying to break key support level for the bearish to be continuing. Price is located below 100 SMA and below 200 SMA for the primary bearish...
I am continuing to evaluate and to forecast the pairs at year-end. Some pairs were already estimated for year-end value which as GBPUSD, EURUSD, USDJPY as well as Crude Oil and S&P 500...