The Bank of England has provided a positive message for pound sterling which is advancing against the euro and US Dollar ahead of the weekend and keeping alive the prospects of better rates next week. GBP/USD intra-day pullbacks should be limited to the 1.44/1...
Stocks remained range bound throughout the US session amid the light news flow. The DJIA outperformed following the gains seen in financial names amid fresh share repurchase programmes for JPMorgan and Bank of America...
The dollar slipped to marginal new lows versus the yen since Q4 '14 last week, a little below JPY110.70. The risk is on the downside unless the JPY112 area is resurfaced. Participants know that yen strength causes the BOJ discomfort, and continue to probe for its pain threshold...
The Dollar has taken a nasty spill, but how do we reconcile the recent decline against years of rally and the proximity of a near-decade high? In the past three weeks, USDollar has dropped as much as three person – the most aggressive slide from the world’s most liquid currency since June of 2013...
Yellen dealt a heavy blow to the FX divergence trade and sent USD falling across the board. We doubt that this is the end of the multi-year USD bull-run, however, and see the current levels as an opportunity to establish fresh longs...
Analytical Review of the Stocks of International Paper Company International Paper Company, #IP [NYSE] Consumer goods, production of paper & packaging, USA Financial performance of the company: Index – S&P 500...
EUR/USD: Wave analysis and forecast for 18.03 – 25.03 - 2016 EUR/USD: Wave analysis and forecast for 18.03 – 25.03: The pair is likely to decline within correction. Estimated pivot point is at the level of 1.1350. Our opinion: Sell the pair from correction below the level of 1.13501...
GBP/USD: Wave analysis and forecast for 18.03 – 25.03 - 2016 GBP/USD: Wave analysis and forecast for 18.03 – 25.03: Correction is nearing completion. Estimated pivot point is at the level of 1.4115. Our opinion: In the short-term: buy the pair above the level of 1.4218 with the target of 1.4690...
USD/CHF: Wave analysis and forecast for 18.03 – 25.03 - 2016 USD/CHF: Wave analysis and forecast for 18.03 – 25.03: Downtrend continues. Estimated pivot point is at the level of 0.9912. Our opinion: Sell the pair from correction below the level of 0.9912 with the target of 0.95 – 0.9470...
USD/JPY: Wave analysis and forecast for 18.03 – 25.03 - 2016 USD/JPY: Wave analysis and forecast for 18.03 – 25.03: Downtrend continues. Estimated pivot point is at the level of 113.84. Our opinion: Sell the pair from correction below the level of 113.84 with the targets of 107.00 – 106.60...
USD/СAD: Wave analysis and forecast for 18.03 – 25.03 - 2016 USD/СAD: Wave analysis and forecast for 18.03 – 25.03: Downtrend dominates. Estimated pivot point is at the level of 1.3396. Our opinion: Wait for the completion of correction and sell the pair below the level of 1...
AUDNZD has bounce at key resistance level but it's still in an uptrend. We remain bullish and wait for buy signal at key support zone between 1.10300 - 1.09500. Goodluck and Happy Trading...
Major stock indexes in the US notched their fifth straight week of gains. The S&P was up by 0.43% at 2049.31 and is now up on the year as well as for the week by 1.34%. The Nasdaq closed higher by 0.43% to 4795.65 and up 0.99% for the week. However, the Nasdaq remains in -4...
First, a few words about the forecast for the previous week: ■ if we talk about the forecast for EUR/USD, it has turned out to be 100% correct. We shall recall that the level of 1.1080 was indicated as the main support and the height of 1.1350 was called as the maximum lift point for the pair...
A key element of trend trading is using a trailing stop loss in place of exiting trades with a pre-determined target. This allows for a trade to continue working in the direction of the trend. In good trends this is a very efficient way of profiting from the markets...
Hi traders, My plan for EURGBP next week is follows the screenshot with breakeven 2/25 pips, and I saved it as a template. Picture have thousands words :) This is my own plan, and not a trade recommendation...
• Gold Dip Holds Key 1230 Price • Gold Price Jumps and USD Slides after Dovish Signal from the FedGold prices traded higher this week, with the precious metal advancing 0.58% to trade at 1256 ahead of the New York close on Friday. Despite broader strength in the U.S...
Forecast of movement currency indexes next week 21.03 -27.03.2016. 1. AUD. Aussie AUD to close on Friday - the leader of the eight currencies. AUD 70 Index. Week AUD lost ground with the index of 78 to 70, but despite this - the future of former champion today is that the most powerful...
