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...
BNP Paribas maintains short position for EURUSD from early this week from 1.1025 with 1.05 as a target, and those are 5 reasons about why this bank is considering the short for this pair: Greek outcome. "The EUR’s attempts to rally on positive Greek news proved short-lived this week...
W1 price is located below 200-period SMA and below 100-period SMA for the primary bearish market condition with secondary ranging between 61.8% Fibo support level at 1.0843 and Fibo resistance level at 1.1466: 50.0% Fibo support level at 1...
Danske Bank is the 3rd bank estimating the EUR/USD to be around 1.02 - 1.04 at year-end. This bank explained it by 3 reasons: "Firstly, the Greek contingent deal implies that the saga continues...
Societe Generale evaluated the daily GBP/USD charts and estimated the bullish breakout for this pair with 61.8% Fibo level as a target at 1.5700: "GBP/USD now appears to inch higher towards 1.57/1.5790. 1.5950 decides about next leg of uptrend...
Citibank provided some forecasts concerning fundamental news events on Thursday related to ECB meeting and potential EUR reaction. Citi described it on 4 points to be mention: "European data has improved, but undeniably the risks to Europe have increased...
