EURUSD: With Having trade flat (weekly chart) the past week on price reversal, EURUSD remains vulnerable below falling trendline. However, we may see price hesitation initially. On the down, support is located at the 1.0850 level and if violated, expect more weakness to happen towards the 1...
EUR/USD: Wave analysis and forecast for 15.01 – 22.01: The pair is likely to grow. Estimated pivot point is at the level of 1.0707. Our opinion: Buy the pair from correction above the level of 1.0707 with the target of 1.1250 – 1.16...
We expect the ECB to ease policy further in 2016 as deflationary pressures worsen. However, we think new measures are unlikely to be deployed before June, unless we see another bout of (REER) euro appreciation or a further significant drop in inflation expectations...
USD/JPY spent much of this past week rising moderately as global equity markets regained some measure of stability following a highly volatile beginning of the new year...
First, a few words about the forecast for the previous week: - With regard to EUR/USD, our forecast has been implemented almost entirely...
The world is changing and trading on financial markets as well. Day traders on the floor of the exchange are and will be just a mere of history, and memories of older generations. Automation, which is developing in various areas of our lives, has its place in trading too...
The recovery of US shares and oil yesterday provided short-lived. Asian shares were dragged lower with the help of Chinese equities. The 3.5% fall in the Shanghai Composite today brings the year-to-date decline to a little more than 18...
In the rise and fall of world powers, the currency market keeps score. A nation’s money gains value when it’s a magnet for global investors; in times of trouble it weakens. The volatility can create havoc...
The indicator "Bright Road" be built on the basis of analysis of rates for a fixed period. And naturally (as with any cumulative indicator) is associated with Bolinger Bands though and based on other principles...
Official measures to manage FX volatility in China as well as better than expected data of late have failed to boost market risk sentiment. More decisive policy action is needed to put an end to the market morass...
Our central scenario remains for a further controlled moderation in Chinese growth this year; however, we think that the risk of a more severe correction has grown substantially, as the effectiveness of the export/investment/creditintensive growth model is increasingly brought into question (both...
New York and London sell NZD together. This week’s variable market sentiment has weighted on equities and supported our recommendation for weaker commodity currencies. New York now joined London in selling NZD, which places Asia NZD/USD longs at risk (Chart 6). Our positioning model favors USD vs...
The long position in #EURUSD was closed after the red Alligator's line has been crossed. Currently we have pending #orders at the levels of the closest fractals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The short position in #Gold was opened at the breakthrough of the fractal. We have already added volume to it in accordance with System #signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The British #pound continued its peak against the U.S. #dollar. Bears in #GPBUSD went on the offensive again, almost breaking the local support. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#AUD remains under pressure due to both technical and fundamental factors. There was a breakthrough of the support line of the rising #price channel, and at the moment #AUDUSD is testing the lowest level since September 2015. Find out more by checking out the Source Link...
The "Bright Road" indicator was released today for the platform MetaTrader 5 ! I am glad to welcome traders and is ready to further improve the indicator and answer your questions. "Bright Road" indicator shows the direction and sustainability of the trend, as well as its reversals...
GBPUSD: With the pair continuing to target further weakness, GBPUSD broader bias remains lower. Support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down, support lies at the 1.4200 level. Below here will set the stage for more weakness towards the 1...
Between oil prices dipping below $30 per barrel and Chinese equity and FX market volatility that caused negative spillover effects on global stock and fixed income markets, it has been a hellish start to 2016...
GBPJPY MEDIUM TERM UP 100 PIPS. CMP 168.50 TARGET 169.60...
