EURJPY: Having rallied strongly the past week, we envisage further strength to occur. However, with almost a half of that rally taken back, a correction could be developing ahead of its medium term falling trendline (red). Support comes in at the 131.00 level where a break will aim at the 130...
Dear Traders, We welcome you to the trading month of February. We look back on a successful first trading month of the year and given investors' increased risk appetite we expect the currency market to remain volatile, providing traders new profitable opportunities - Let's wait and see...
A strong upward momentum of #USDJPY after the last #BOJ meeting brought #quotations to the area of the half month high. Meanwhile, sentiment still remains very bullish. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Stabilization in #stock markets somewhat weakened the position of the U.S. #dollar. For #GPBUSD this resulted in the achievement of the Fibo retracement level of 38.2% of the last wave of decline in December - January. Find out more by checking out the Source Link...
EUR/USD: Neutral: Weak undertone but only daily closing below 1.0775/80 would indicate start of bearish phase. While the rapid and sharp drop last Friday was unexpected, we are not convinced that the current movement is the start of a sustained down-move in EUR/USD...
01 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:00 Final Manufacturing PMI EUR Med. 52.3 52.3 Neutral 09:30 Manufacturing PMI GBP High 51.9 51.8 Negative 13:30 Core PCE Price Index m/m USD Med. 0.1% 0...
#Copper fell to the 1-week low after the publication of the weak data on #business activity in the manufacturing sector of China. In January the #metal has lost 3% on worries related to the second world's largest #economy. Find out more by checking out the Source Link...
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The acclimation buy swtor credits physique abaft the Adventuresome Developers Appointment on Thursday arise the after-effects of its third ceremony GDC Accompaniment of the Industry study, which highlights a bulk of key industry trends and statistics...
This week the key #event will be the release of the employment data in the United States, scheduled for Friday. #Traders will look forward to see this statistic to understand whether the U.S. economy is ready for new stages of the rate hike. Find out more by checking out the Source Link...
Hi, Here is the high impact news schedule for this running week which may effect on the currency market. Stay safe during this news time or enjoy your profitable news trading. News schedule for February 1 – February 5, 2016 and mentioned time is NY Time. Monday, February 1, 2016...
EURUSD caved last week after once again testing channel resistance that extends off the December 2015 high at 1.1058. A closer look at the 4-hour chart shows a bearish pin bar that formed following a retest of the key level, a trade that several of our members were able to capitalize on...
The slow-motion crisis of the European Union finally seems to be coming to a head. “Europe could lose its historical footing and the project could die quickly,” French Prime Minister Manuel Valls warned in a speech at this year’s World Economic Forum in Davos, Switzerland...
GOLD: Having the commodity continued to hold on to its recovery strength, GOLD looks to build up on recovery strength above the 1100.00 zone. On the downside, support comes in at the 1110.00 level where a break will turn attention to the 1100.00 level...
Canada-specific data is in short supply over coming days but there are significant clues written in the charts which will provide us with guidance...
Here’s the market outlook for this week:: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Neutral Price went up from the support line at 1.0800 and reached the resistance line at 1.0950. From that resistance line, price dropped 120 pips...
This article is most important for the newbies in forex market. I am writing here about better way to practice forex trading. Hope this concept will help you to learn real and stable trading. Keep in mind, your practice is the main key to get better result in any sector...
EUR/USD: Wave analysis and forecast for 29.01 – 05.02: The pair is undergoing; the rise in the pair is possible. Estimated pivot point is at the level of 1.0786. Our opinion: Buy the pair from correction above the level of 1.0786 with the target of 1.1150 – 1.1250...
Last week, COSMOS4U Ad MACD Indicator, triggered a successful buy signal for EURUSD currency pair, at 1, 0819 as there was a marked pick in market confidence, with the EUR to USD exchange rate closing at 1.08961 this position. Ad MACD parameters for EURUSD last week were 49, 126,7...
