To add a new post, please log in or register
Business activity in China's industrial sector remains below the level of 50 that is considered to be contraction. Another portion of weak statistics gives reason to expect new stimulus moves by the People's Bank of China. Find out more by checking out the Source Link...
Daily Forecast GOLD 1/3/2016 On the h1 chart, having the shark harmonic pattern formed a reversal is in sight. If thes ituation continues, we will have more drops coming in the market. Best of luck to all the members of MyForexOffice. Description Analyzer : http://myforexoffice...
Analytics & Forecasts
  • 60
Fered Jason, 1 March 2016, 07:13 #gold
EURUSD Daily Forecast: March 01 2016 01 Maret 2016 2:56 AM EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.0962 but whipsawed to the downside and closed lower at 1.0872...
Analytics & Forecasts
  • 73
  • 1
Roberto Jacobs, 1 March 2016, 04:55
GBPUSD Daily Forecast: March 01 2016 01 Maret 2016 2:51 AM GBPUSD Forecast The GBPUSD was corrected higher yesterday topped at 1.3946. The bias is neutral in nearest term but as long as stays below 1...
Analytics & Forecasts
  • 79
  • 1
Roberto Jacobs, 1 March 2016, 04:53
USDJPY Daily Forecast: March 01 2016 01 Maret 2016 2:47 AM USDJPY Forecast The USDJPY failed to continue its bullish momentum yesterday bottomed at 112.65 and hit 112.15 earlier today. The bias is bearish in nearest term testing 111.65 area...
Analytics & Forecasts
  • 72
  • 1
Roberto Jacobs, 1 March 2016, 04:52
USDCHF Daily Forecast: March 01 2016 01 Maret 2016 2:33 AM USDCHF Forecast The USDCHF was indecisive yesterday. Price attempted to push higher, slipped above 1.0000 but closed lower back below 1.0000...
Analytics & Forecasts
  • 53
  • 1
Roberto Jacobs, 1 March 2016, 04:50 #usdchf
EURUSD: With EURUSD continuing to maintain its downside pressure, further weakness is envisage in the days ahead. Support lies at the 1.0950 level. Further down, support lies at the 1.0800 level where a violation will aim at the 1.0750 level. A break of here will aim at the 1.0700 level...
Analytics & Forecasts
  • 68
FXTechstrategy Team, 1 March 2016, 04:33
Chicken Little would have been in his element today. The sky may not be falling, but plenty else is, be it latest Eurozone inflation prints and bond yields, incoming US economic data or China’s Reserve Requirement Ratio...
Analytics & Forecasts
  • 69
  • 1
Francis Dogbe, 1 March 2016, 03:30
BNP Paribas' quant model 'STEER' maintains a short AUD/USD and a long USD/CAD signals. "USD looks cheap versus the commodity bloc currencies STEER remains short AUDUSD, targeting a move to its short-term fair value of 0.6990, reflecting the recent underperformance of Australian equities...
Analytics & Forecasts
  • 96
Vasilii Apostolidi, 29 February 2016, 23:00 #forex
Traders, already leaning bearishly towards the euro given recent European Central Bank commentary, became even more bearish Monday as deemed dovish flash EMU inflation data dragged eurozone yields lower...
Analytics & Forecasts
  • 61
Vasilii Apostolidi, 29 February 2016, 22:03 #forex
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by Friday’s sell-off. We are looking for a move towards initial targets near 1...
Strong fundamentals still make the dollar one of the best bets for 2016, despite recent back-peddling by the Fed; as for the pound – Deutsche see mega-downside potential...
Analytics & Forecasts
  • 64
Vasilii Apostolidi, 29 February 2016, 20:26 #forex
Currency investors should consider selling NZD/USD this week, advises Morgan Stanley in its weekly FX pick to clients. MS' rationale is as follows: "In the stronger USD environment, the NZD would end up weakening the most...
Analytics & Forecasts
  • 57
Vasilii Apostolidi, 29 February 2016, 19:35 #forex
Happy Leap Day. EA can assist traders and here are the results to prove it. We closed only one profitable trade today at 20 pips profits, see screenshot below. You can download and check out our EA below. We are using the default setting of 8 EAs and fixed 0.1 lot. https://www.mql5...
Trading Systems
  • 146
Winsor Hoang, 29 February 2016, 19:25
USD/JPY has achieved our advocated target for rebound at 114 which corresponds with the down sloping channel limit and the 76.4% retracement from mid- February highs. USD/JPY confirmed a multi month H&S and is undergoing a retracement. Potential for the pattern is located at 106, also the 38...
The USD/CAD pair has breached key support from a long-term, major trend-line at roughly the 1.3600 level, increasing the probability of a continuation of the infant down-trend. The Canadian Dollar continues to strengthen against most majors, and breached a major trend-line versus the U...
Analytics & Forecasts
  • 83
Vasilii Apostolidi, 29 February 2016, 18:40
We take a balance of payments approach to measure the ‘what if’ impact of a UK exit from the EU on sterling. The UK’s current account deficit may improve in the wake of “Brexit.” The deficit is entirely down to the EU, with large negative balances in trade in goods and primary income...
Analytics & Forecasts
  • 67
Vasilii Apostolidi, 29 February 2016, 17:18
Global payments provider Associated Foreign Exchange (AFEX) expect the pressure on the pound to ease, although they are by no means bullish the currency yet...
Analytics & Forecasts
  • 51
Vasilii Apostolidi, 29 February 2016, 16:50
Currency investors should consider selling GBP/JPY this week, advises Credit Suisse in its weekly FX pick to clients...
Analytics & Forecasts
  • 41
Vasilii Apostolidi, 29 February 2016, 16:35
EURUSD ended Friday with a significant break, closing below channel support near 1.0950. This came after the pair failed to recover back above the 1.1060 handle after sliding below it last Monday...
Analytics & Forecasts
  • 65
Francis Dogbe, 29 February 2016, 16:32 #price action, Trading