An order to sale #EURUSD has activated, but later we fixed loss with the closure of the same bar above the red Alligator's line. At the moment, we have a status quo again. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: The fall below 114.25 for USDJPY gave EURUSD a boost. Markets are very nervous with risk selling off and poor liquidity. We expect sellers ahead of 1...
EURJPY: With price rejection now seen, EURJPY looks to put in temporary bottom. Unless the pair returns below the 128.26 level, we think a corrective recovery should occur. On the downside, support comes in at the 129.00 level where a break will aim at the 128.50 level...
No stopping the yen With no key distractions ahead of Yellen’s testimony tomorrow, markets are taking the path of least resistance...
Dear Traders, The euro advanced as it plays an important role as a funding currency at times of market turmoil. Before rallying above 1.12 the common currency was able to gain ground above 1.1085. For the time being, we continue to expect the 1.1070/50-level to act as a current support-zone...
With China out celebrating the week-long Lunar New Year holiday, the market was hoping to enjoy a few days of relative calm, but alas, this was not to be the case. Instead, new concerns came to the forefront to rattle Monday, ranging from a U.S...
The price of #Gold continued its vertical takeoff – the Monday's trading session showed the highest daily growth over the past few months, more than 2.2%. It is recommended to fix the result at current levels remain outside the market. Find out more by checking out the Source Link...
It is a mild panic in financial markets, which are #indicators of risk appetite, including #USDJPY. Thus, the pair has started the new week with drop, as a result of which the low of November 2014 was updated. Find out more by checking out the Source Link...
COSMOS4U MACD Indicator under 33, 124, 7 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (09 FEB 2016 10:00 AM UTC...
#Oil behaves itself more or less calm after the jump in volatility caused by a remote possibility for a possible agreement on #OPEC production cut. Today the #market will wait for the publication of the API data, and tomorrow it will be followed by official data of the U.S. Department of Energy...
After the slow start yesterday morning, we have seen European Credit Indexes rocket higher led by banks. Risk aversion carried on into JPY pairs, commodity currencies and EM. Best trending currencies are JPY and Gold on risk aversion...
COSMOS4U MACD Indicator under 49, 126, 7 parameters given from COSMOS4U technical analysis research department, generated a sell signal for EURUSD spot price in H1 timeframe (09 FEB 2016 07:00 AM UTC...
USDJPY: The pair sold off further on Monday and followed through lower during early trading on Tuesday. This development leaves risk of more weakness on the cards. However, beware of a correction. On the downside, support comes in at the 115.00 level where a break if seen will aim at the 114...
Buy or Sell: EUR/USD Retests Point of Breakout Talking Points -Sentiment shifts towards more sellers (bullish signal) -Volume expands on the breakout, though On Balance Volume is not above the December 2015 highs (mixed signal) -1.08 is the key level to the bullish Elliott Wave pattern...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We have turned bearish against resistance in the 1.1260/90 area and look for a move towards former range highs near 1...
Seven years after the global financial crisis erupted in 2008, the world economy continued to stumble in 2015. According to the United Nations’ report World Economic Situation and Prospects 2016, the average growth rate in developed economies has declined by more than 54% since the crisis...
Global Stocks Move Towards Fresh Lows, Will Yellen Save the Day? Talking Points: - Global stock markets are off to a rough start to the week; the Synchronous Bear Flags that we discussed last weekhave all been broken as most equity markets are making lower-lows and lower-highs...
Having achieved our advocated target of 0.7750, EUR/GBP has been undergoing a pause. The pair has sustained above the confirmation level of the double bottom and inverted H&S at 0.75/0.7450 which remains an important support...
