As expected, as a result of yesterday's meeting, the Fed decided to leave its monetary policy unchanged. After it, the #WallStreet major indices fell and the U.S. #dollar continued to lose ground against its major competitors in #Forex. Find out more by checking out the Source Link...
2016 turned out to have a tough start, 3 weeks of equity and commodity weakness triggered by China and oil seems to have run its course for now. The market is in a tentative recovery mode, helped by stabilizing oil and China liquidity injections before local holidays...
GBPUSD: With the pair reversing its intra day gains to close lower on Wednesday, GBPUSD sets up to retest key support zone. Support lies at the 1.4200 level where a break will turn attention to the 1.4150 level. Further down, support lies at the 1.4100 level...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are still overall bearish and look for a move lower towards initial targets towards 1.0710...
The key issue for this week is the degree to which the FOMC acknowledges, in its statement, that circumstances have changed and consequently its expectations for policy have changed(after raising rates for the first time in December, we did not expect the FOMC to raise or lower rates at the very...
A result of a short position in #GPBUSD was closed and now we have a long one. We had some signals from "green zone" and the AC #indicator to add volume. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
At the moment we are in purchases in #EURUSD again. The new position was opened on a breakthrough of a fractal upwards and we have already added volume to it. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
USDJPY: Having halted its upside pressure to close higher on Tuesday, USDJPY looks to build up on price recovery. On the downside, support comes in at the 118.00 level where a break if seen will aim at the 117.50 level. A cut through here will turn focus to the 117...
Dear Traders, Instead of showing a sustained break below the 1.42-mark the British pound bounced off the 1.4170 level and surged to a high of 1.4366. While there could be some upside room before GBP approaches technical resistance levels at 1.44 and 1...
Quotes of #USDJPY have reached the important resistance level, and it was followed with consolidation. If a new wave of growth starts, it will be possible to talk about #trend confirmation. Find out more by checking out the Source Link...
The upward movement in #Gold continues, despite the observed on the eve growth in demand for risky #assets. #Quotes have reached the 50% retracement level of the reduction in October-December 2015. Find out more by checking out the Source Link...
Two central banks at once, the #Fed and the RBNZ will hold their meetings on monetary policy today. Their strategies are quite opposite, but we can benefit from both meetings. How? Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
FOMC interest rate decision and statement will be released today at 7:00pm GMT. This event will likely see volatility and widening of spreads in the seconds before release. We advise against holding USD positions unless they are already at break-even...
Daily analysis of GBP/USD for January 27, 2016 27 Januari 2016 4:02 AM GBP/USD had a bullish momentum above the support at 1.4198 after a fractal structure formation declined from the January 22th highs...
Daily analysis of USDX for January 27, 2016 27 Januari 2016 4:02 AM US Dollar Index has declined below the 200 SMA at H1 chart after a strong resistance was found around 99.49. Current price action is telling us that a support level is located at 98...
GBPJPY: Having rallied to take back its Monday losses on Tuesday, GBPJPY looks to strengthen more on bull pressure. On the downside, support comes in at the 169.00 level where a violation will aim at the 168.00 level. A break below here will target the 167.00 level followed by the 166.00 level...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, EUR/JPY, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are overall bearish and look for a move lower towards initial targets towards 1.0710...
While risk appetite improved Tuesday, driven by a spike higher in oil prices, by tomorrow risk sentiment could sour on a turnabout lower in Chinese stocks and the next day could bring either new turmoil or euphoria, analysts said...
In a note to clients, Morgan Stanley provides some insights on its strategy to trade USD/JPY going into the BoJ policy meeting on Friday...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, EUR/CHF, GBP/USD, AUD/USD, and NZD/USD. EUR/USD: doesn't really have a life of its own at the moment and most flows seem to be euro-cross related. The broader 1.07-1...
