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• EUR/GBP has lost all of its ECB meeting's gains. It seems that there is no momentum taking place right now. The pair remains above hourly support at 0.7652 (10/03/2016 low). Next support lies at 0.7525 (22/01/2016 low). Hourly resistance can be located at 0.7848 (10/03/2016 high...
Analytics & Forecasts
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Francis Dogbe, 14 March 2016, 15:36
BNP Paribas expect the Bank of England to leave policy unchanged this week with a 9-0 vote, as softer data, fiscal tightening, a challenging global environment, and referendum uncertainty keep even the hawkish members of the Committee at bay...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 15:32 #forex
Calculated data levels: Support (S1 / S2 / S3 = 113,05 / 112,77 / 33), resistance (R1 / R2 / R3 = 113,93 / 114,21 / 65). Key support levels (1st from 113.52 to 1132.52 at the end of the day, the 2nd of 113.33 to 113.48...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 15:27
Calculated level for today: Support (S1 / S2 / S3 = 1,4285 / 43 / 1.4173) and resistance (R1 / R2 / R3 = 1,4425 / 67 / 1.4537). Key support levels (1st from 1.4217 to 1.4350 late in the day, the 2nd of 1.4217 to 1.4286...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 15:08
Calculated levels today: Support (S1 / S2 / S3 = 0,9805 / 0,9784 / 50), resistance (R1 / R2 / R3 = 0,9871 / 93 / .9926). Key resistance levels (1st from 0.9950 to 0.9840 late in the day, the 2nd of 0.9950 to 0.9946...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 14:48
Calculated levels today: Support (S1 / S2 / S3 = 1.1096 / 66/17), resistance (R1 / R2 / R3 = 1.1195 / 1.1235 / 75). Key support levels (1st from 1.1019 to 1.1143 late in the day 2nd - 1.1019...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 14:28
The near-term outlook favours more Aussie dollar strength, but both institutions are forecasting weakness towards the end of 2016. Australian dollar softer at start of the week, weakness likely to be temporary GBP/AUD = 1.9040, AUD/USD = 0.7538, EUR/AUD = 1...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 14:05 #forex
Tim Condon, Chief Economist at ING, expects the Chinese February economic data to sustain the current risk-on rally as they believe the proximate threat is PBOC exchange rate policy but based on Governor Zhou’s recent comments they consider the threat low...
Analytics & Forecasts
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Batur Asmazoglu, 14 March 2016, 14:04
Finland posted its first positive GDP reading in four years, finally showed return to growth after three consecutive years of contraction. Data showed that the Finnish real GDP increased by 0.4% in 2015. Q4 GDP increased by 0.1% q/q and 0...
Analytics & Forecasts
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Batur Asmazoglu, 14 March 2016, 13:55
Despite a rebound of #EURUSD, an order to sale from 1.1034 is still in the market. During the last 24 hours we have added volume to it. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The result of the long position in #Gold was fixed on a signal of one of the bars closure under the red Alligator's line. Currently, we are out of the market, but have pending orders. Find out more by checking out the Source Link...
Calculated level for today: Support (S1 / S2 / S3 = 1247,17 / 1238,99 / 1225,76), resistance (R1 / R2 / R3 = 1273,43 / 1281,49 / 1295,04). Key resistance levels (1st from 1255.01 to 1259.77 at the end of the day, the 2nd ox 1255.78 to 1262.22...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 13:06
Dear Traders, The euro gave up some of its gains on Friday but the decline has been stopped above the current support zone at 1.1050-70. Further upward momentum is still possible in case the euro breaks significantly above 1.1180 and further 1.1220. Next resistances are seen at 1.1245 and 1.13...
Analytics & Forecasts
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maimarfx, 14 March 2016, 12:59 #FOMC
Calculated level for today: Support (S1 / S2 / S3 = 40,38 / 15 / 39.45) and resistance (R1 / R2 / R3 = 41,13 / 36/73). Key resistance levels (1st from 40.58 to 40.63 at the end of the day, the 2nd of 40.59 to 40.70...
Analytics & Forecasts
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oleksandr bilokon, 14 March 2016, 12:59
An analysis of the week ahead for GBP/CAD, including forecasts. The Pound-to-Canadian Dollar chart is showing there is probably a 66% chance the week ahead will close lower than the level at which it opened...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 11:45
A technical picture in #GPBUSD may lead to a powerful movement in the pair in the near future. It is recommended to place a pending order on a breakthrough of the Friday's high with a target of 1.4665. Find out more by checking out the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 14 March 2016, 11:43 #Trading
Despite the pessimistic employment data in Canada, the loonie has significantly strengthened against the U.S. dollar. Thereby #USDCAD fixed the 8th in a row weekly closure in the red zone. Find out more by checking out the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 14 March 2016, 11:40 #Trading
A look at the the week ahead for the EUR/USD pair. The euro could be vulnerable to external threats next week, particularly if risk sentiment continues pulsing higher, as several analysts from large banks including HSBC and Bank of America (BofA) are forecasting...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 11:21
*Morgan Stanley — a major American Bank holding company belonging to the group of financial conglomerates. Based in new York. Owns the largest business brokerage in the world. Morgan Stanley was ranked 82-th place in the list of the largest companies in the U.S. Fortune 500 for the year 2015...
Analytics & Forecasts
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Vasilii Apostolidi, 14 March 2016, 11:18 #forex
Brent prices dropped in Asia and extended losses in early Europe after Iran news reduced probability of joint production freeze. Futures currently hover just above $40/barrel levels...
Analytics & Forecasts
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Batur Asmazoglu, 14 March 2016, 10:05