The pair remains capped below 1.09 handle, with the immediate support seen at 1.0842/ 1.0838 (Nov 4 Low/ 5-DMA). Selling pressure will intensify below the last, dragging the pair towards 1.0817 (1h 50-SMA). To the top side, the next hurdle in sight is located at 1...
Currently, the EUR/USD pair trades -0.10% lower at 1.0869, testing fresh session lows struck at 1.0865 last minutes. The main currency pair’s correction from near post-ECB highs halted at 5-DMA at 1...
GOLD: With the commodity rejecting lower level prices to close strongly higher the past week, GOLD bulls aim at higher prices.However, beware of a corrective pullback at ahead of its resistance at the 1098.09 level. Above here if seen target the 1110.00 level where a break will aim at the 1120...
07.12.2015 00:00Foreign Trade (October) Currency: RUB, Importance: Low...
After breaching below the flag formation, EUR/USD has retested March lows of 1.05/1.04 which more importantly correspond with the multi decadal channel lower limit, notes SocGen. "Currently a sharp rebound is being witnessed however signs of reversal still lack...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Bullish Thursday saw an explosive bullish breakout - pushing price upwards by 450 pips to test the resistance line at 1...
EURUSD: With a strong rally occurring the past week, EURUSD eyes price extension on bullish offensive. However, it may pullback after such a strong move. On the upside, resistance is comes at 1.0900 level with a cut through here opening the door for more upside towards the 1.0950 level...
The Currency Score Difference analysis is the more extensive explanation on the Currency score analysis which was published earlier this weekend. Besides these analyses and the corresponding charts I also provide the Forex ranking and rating list...
Facebook, Amazon, Netflix and Google — collectively named F.A.N.G. — have had an impressive ascent since 2012, and a modest run this year, even when accounting for the August selloff, says Dana Lyons, partner at J. Lyons Fund Management...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
The concept of fiat money and the concept of social intervention is a sweet lie, says Rick Rule, CEO of Sprott US Holdings Inc., in a conversation with Mike Maloney, as they discuss the reasons of the stock market crash...
USD: Selective Pullback. Bullish. We stick to our medium term USD bullish view but acknowledge that in the face of a disappointing ECB, EURUSD rallies could have a broader impact on FX markets, pressuring USD elsewhere...
Earlier EURUSD was moving in ascending triangle and the price has broken the lower line of triangle. After the support was broken the price had no resistance and was falling during 1 month until it approached long term support which was created by previous low in March 2015...
crude oil prices dropped more than 2.7% on Friday after OPEC announced it had agreed to roll over its policy of maintaining crude production in order to gain market share. This easily offset a drop in oil rigs which could reduce U.S. production. Baker Hughes reported its weekly count of U.S...
The Philippine central bank said preliminary data show domestic liquidity in October rose 9.5% on the year, compared with the 8.7% increase in September, mainly reflecting faster growth in bank lending. The central bank said M3, the measure of domestic liquidity, increased to 7...
First, a review of last week’s forecast: - as for the EUR/USD, the past week showed vividly that fundamental events can refute all forecasts of technical analysis...
AUD USD, “Australian Dollar vs US Dollar” Australian Dollar is still consolidating. The price may be corrected towards 0.7200 and then continue growing to reach 0.7400...
USD JPY, “US Dollar vs Japanese Yen” Yen is consolidating. The price may grow to reach 123.80. After that, the pair may return to 123.00...
