Daily Analysis of GBP/USD for March 02, 2016 GBP/USD has been trading sideways below the resistance level of 1.3963 and the 200 SMA on H1 chart. When the pair does a breakout below the 1.3878 price zone, then bears will be stronger and the Cable may look to reach new lows on a short-term basis...
Technical Analysis of EUR/USD for March 02, 2016 When the European market opens, some economic news will be released such as PPI m/m and Spanish Unemployment Change. The US will release economic statistics too such as Beige Book, Crude Oil Inventories, and ADP Non-Farm Employment Change...
Technical Analysis of USD/JPY for March 02, 2016 In Asia, Japan will release the Monetary Base y/y. The US will release a series of economic data such as Beige Book, Crude Oil Inventories, and ADP Non-Farm Employment Change...
Daily Forecast AUDUSD On the monthly chart, the price is within the inv ab=cd harmonic pattern range. We are expecting to have a surge if the demand fuels up across the market. Best of luck to all the members of MyForexOffice. Description Analyzer : http://myforexoffice...
The Australian dollar gained almost 1% against the U.S. dollar after better-than-expected GDP data. Strong statistics may give only a short-term momentum to the pair since the dollar continues to rise against its main counterparts. Find out more by checking out the Source Link...
The risk rally of the last few days is still pushing on, commodities and commodity related currencies lead the charge with AUD and CAD trending strongly. EMFX follows them, mainly with EURXXX crosses. RUB,KZT,PLN and MXN are among the best performers...
Result Forecast GOLD of 1.3.2016 +180 Pips Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
• EUR/CHF's selling pressures continues. Hourly support can be found at 1.0810 (29/02/2016 low) is on target. Hourly resistance lies at 1.0946 (25/02/2016 high). The technical structure suggests further weakening. • In the longer term, the technical structure remains positive...
•USD/JPY has dropped hard in the past few minutes: •No relevant news hitting the wires, apart from news of stop losses under 112.60 •EUR/JPY hitting 3 years lows...
When the United Kingdom joined the then-European Economic Community in 1973, it was at the rearguard of European integration. The question raised by the UK’s upcoming referendum on continued European Union membership is whether Britain is now at the forefront of Europe’s disintegration...
EURUSD Daily Forecast: March 02 2016 02 Maret 2016 1:58 AM EURUSD Forecast The EURUSD was indecisive yesterday, formed a Doji on daily chart, but hit another fresh low at 1.0834 since formed the shooting star formation as you can see on my daily chart below...
GBPUSD Daily Forecast: March 02 2016 02 Maret 2016 1:49 AM GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term but as long as stays below 1.4080 I still prefer a bearish scenario at this phase. Immediate resistance is seen around 1.4018 (yesterday’s high...
USDJPY Daily Forecast: March 02 2016 02 Maret 2016 1:47 AM USDJPY Forecast The USDJPY had a bullish momentum yesterday, topped at 114.18. Like I said yesterday, this fact keeps the double bottom bullish scenario remains strong. The bias is bullish in nearest term testing 114...
USDCHF Daily Forecast: March 02 2016 02 Maret 2016 1:42 AM USDCHF Forecast The USDCHF had another indecisive movement yesterday, formed another Doji on daily chart. There are no changes in my technical outlook...
EUR/USD: Themes: The ECB cannot address what is beyond its control. The March ECB meeting could be the most difficult in recent years, as more easing may not have a sustained market impact...
The following are the latest technical setups for EUR/USD, USD/CHF, AUD/USD, NZD/USD, USD/CAD, and EUR/GBP as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and look for the move below our initial targets near 1.0850 to open greater targets towards the 1...
With the 10th March ECB meeting round the corner and the market mulling the prospects of large-scale easing, the reaction function of the SNB is coming back into focus, notes Deutsche Bank...
A clear break above 1.00 in USD/CHF is needed to signal further rebound towrds the next resistance around 1.0110 and 1.0160, notes SocGen. "After breaking above multi month triangle USD/CHF found stiff resistance near last year highs of 1.0330...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, EUR/CHF, AUD/USD, and USD/CAD...
