GBPUSD Daily Forecast: March 03 2016 03 Maret 2016 2:41 AM GBPUSD Forecast The GBPUSD had a bullish momentum yesterday and now struggling around 1.4080 key resistance as you can see on my daily chart below. 1...
USDJPY Daily Forecast: March 03 2016 03 Maret 2016 2:36 AM USDJPY Forecast The USDJPY attempted to push higher yesterday topped at 114.55 but whipsawed to the downside and closed lower at 113.46. The bias is neutral in nearest term probably with a little bearish bias testing 113.15 support area...
USDCHF Daily Forecast: March 03 2016 03 Maret 2016 2:33 AM USDCHF Forecast The USDCHF had another indecisive movement yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 0.9880 – 0.9820 support area. On the upside, 1.0000 remains a key resistance...
EA can assist traders and here are the results to prove it. Today we have no closing trade. Our monthly profit for February 2016 is 681 pips. We are currently holding 7 buy positions. You can download and check out our EA below. We are using the default setting of 8 EAs and fixed 0.1 lot...
Bank of Tokyo-Mitsubishi (BTMU) expects the ECB to act on 10th March with a faster pace of QE for longer coupled with a deposit rate cut. "The divergence in economic performance with the US is becoming more apparent again...
EURUSD's decline in the past three weeks has come against a backdrop of a 10% rally in EUR Stoxx 50. This is in no small part due to exuberant hopes for new frontiers in ECB easing...
USDOLLAR: Key Levels to Know Heading into NFPs, March Open Talking Points Break of weekly opening range shifts focus lower Key near-term support 12123/31 Updated targets & invalidation levels...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The move below our initial targets near 1.0850 encourages our bearish view...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, GBP/USD, AUD/USD, and NZD/USD...
AUD/USD broke below the massive 15-year upward channel (now at 0.75 in log) and has been evolving within a down sloping channel since 2012 (0.80-0.6750), notes SocGen. Bigger picture, SocGen thinks that the downtrend looks poised to extend towards 0...
The USD-decoupling trade is staging a return on the back of improving US data, the abatement of global risk aversion and the growing resilience of the US domestic demand-driven recovery to persistent global headwinds and future Fed rate hikes...
The British pound has made some hefty gains in the mid-week session despite poor data releases. The gains against the US dollar and euro are complemented by strong moves against the Canadian dollar and South African Rand. We are also seeing solid gains against the New Zealand dollar...
GBP/JPY Trade Idea Major resistance - 158.80 (trend line joining 175.05 and 173.73) Major support - 158 (55 day H EMA) GBP/JPY has broken major resistance 158.80 and jumped till 159.50. It is currently trading around 159.10. Intraday trend is bullish as long as support 158 holds...
EUR/NZD Technical Analysis for March 02, 2016 Overview : Recently, EUR/NZD has been moving sideways around the price of 1.6450. In the daily time frame, we can observe a supply bar in an average volume, which is a sign of potential strength...
The USDJPY tumbled from the "get go" in trading today falling toward the 200 hour MA and 38.2% of the move up from last weeks low. The pair has rebounded toward an early swing high on Friday and in my minds eye are seeing visions of a head and shoulder formation forming...
Technical Analysis of EUR/JPY for March 02, 2016. Technical outlook and chart setups: The EUR/JPY pair rallied over 200 pips after hitting lows at 122.00 levels yesterday. The pair is seen to be trading above 124.00 levels for now, breaking above the resistance trend line as seen here...
Technical Analysis of GBP/CHF for March 02, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be testing a convergence of Fibonacci 0.50% and trend-line resistance at 1.3965/1.4020 levels as depicted here...
An order to sale #EURUSD is still in the market, bringing us almost 130 points of unfixed #profit. The red line moved deeper «in-the-money». Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We were involved into a short position in #XAUUSD on a breakthrough of 1226.74. Nevertheless, it is still hard to say that the market's dynamics is clearly downward. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Research Team at BBH, notes that the markets have withstood some downward pressure on the Chinese yuan. Key Quotes “Late yesterday, Moody's cut its outlook for China's credit rating to negative from stable, and this did not cause much of a ripple in the capital markets...
