#Market players expect the #ECB meeting and a press conference of Draghi. Meanwhile, #EURUSD stucked somewhere on a support line of a short-term upward trend, but it will be easy for #bears to break it. There are conservative and aggressive ways to act in this situation...
A reversal #pattern "head and shoulders" successfully formed, and currently #USDCAD #quotes quickly reached the next level of resistance. Taking into consideration the existing upward #momentum, it is advisable to hold long positions. Find out more by checking out the Source Link...
W1 price is on bullish market condition located between R3 Pivot at 1.3352 and R2 Pivot at 1.2568: The price is on bullish ranging between 1.3456 resistance and 1.1919 support level. The price is crossing 1.2830 from above to below for the secondary correction to be started...
JOIN MY BEST BROKER ForexTime Ltd. JOIN MY SIGNAL A SIGNAL With quite limited volumes across the forex board, investors are placing their hopes, partially, in the ECB monthly economic policy decision, to be unveiled this Thursday...
#AUDUSD is reducing after the NAB quarterly business confidence #indicator release in Australia. #Oil is recovering after significant overnight drop. Today's #ECB meeting may be very important for the euro dynamics. Find out everything about today's Asian session...
GBPJPY: With the cross closing lower on price failure on Wednesday, we envisage further move lower in the days ahead. On the downside, support comes in at the 184.00 level where a violation will aim at the 183.00 level. A break below here will target the 182.00 level followed by the 181.00 level...
W1 price is located below 200 period SMA (200 SMA) and below 100 period SMA (100 SMA) for the primary bearish with secondary ranging between 1.0607 support level and 1...
The following are the latest technical setups for EUR/USD, GBP/USD, USD/CHF, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and look for a move below 1.1305 to signal lower towards our initial targets near 1.1260...
Barclays Capital made a technical forecast for EUR/USD explaining their position opened with key targets: "The move below 1.1335 encourages our bearish view. Our initial targets are near 1.1260. A move below 1.1260 would open our next targets in the 1.1105/1.1085 area...
EUR/USD is awaiting the ECB tomorrow. There is expected to be a dovish tone while participants weigh up the prospects of extended QE from the Central Bank to battle troublesome conditions in the EZ economy...
As ECB will take center stage this week so Barclays Capital made some fundamental and technical forecasts concerning EUR/USD. Fundamental Forecast...
I have been mentioning about the possibility of the eurusd price falling down and the recent price rise to be a retracement than an up trend. Hence kept the SELL order open. My belief is that the eurusd price is supposed to go below 0...
I have been mentioning about the possibility of the gold price falling down and the recent price rise to be a retracement than an up trend. While the level 1 set up was indicating a huge upswing in gold prices, level 2 and 3 set up are still showing a SELL trend...
The Bank of Canada meets on the 21st of October to decide on its next steps regarging monetary policy. The Canadian dollar (CAD) has enjoyed a solid recovery of late with the the currency joining the broader commodity complex in its move higher...
Whether you’re a government, a big company or a tiny startup, it has never been cheaper to obtain capital than right now. And it is quite disturbing for macroeconomists...
AUDUSD: The pair remains weak and vulnerable to the downside triggering further weakness during Wednesday trading session today. This is coming on the back of its failed recovery attempt on Tuesday. On the downside, support comes in at the 0.7197 level where a breach will aim at the 0.7150 level...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and NZD/USD. EUR/USD: is trading within range ahead of tomorrow's ECB meeting...
EURUSD 15 min., 1H charts (up- and downtrend targets) GBPUSD 15 min., 1H charts (up- and downtrend targets) EURUSD 15 min. chart: EURUSD 1H chart: GBPUSD 15 min. chart...
Although #GPBUSD was trading near a resistance line for a long time, #bulls still did not break it. Moreover, it seems that now sellers have a chance, but we should certainly wait for appropriate signals. Find out more by checking out the Source Link...
Strategists believe any weakness in the euro exchange rate complex should be traded to the upside. The euro to dollar exchange rate should continue to see weakness as being temorary in nature argue strategists with Westpac in Sydney. "Look to buy dips in EUR to 1.1230 with a stop at 1.1110...
