GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1); Tenkan-Sen and Senkou Span A are directed upwards. Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was also published this week. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
When looking at the Top 10 in the Monthly Ranking and Rating list we can see that for the coming month the following stronger currencies are well represented for going long: USD(4X) followed by the GBP(2X). The EUR(5X) is the weaker currency followed by the CHF(2X...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capita EUR/USD: The move below last week’s 1.0565 low encourages our bearish view. Our initial downside targets are near 1.0520 and then the 1...
Ben Bernanke and Alan Greenspan absolutely destroyed America - that's a view both great analysts share...
November was complex and full of surprises for the hedge funds - global stocks started and ended the month off poorly forcing many to load up on short positions. Many prominent asset managers suffered greatly (for example, David Einhorn lost 5.2% in the month and is down 20% for the year...
Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is moving downwards (2), and the price is on D Tenkan-Sen...
The price is on bullish market condition for breaking 123.74 resistance level for the bullish trend to be continuing with 125.85 as the next bullish target...
Sellers of #GPBUSD failed to break the support level, which led to take-profits and, as a consequence, the sharp rebound upward. It is recommended to fix the result of the short positions. Find out more by checking out the Source Link...
The direction of the current #trend in #EURUSD remains the same, while the amplitude of the fluctuations continues to decline. Thus, we see all the signs of the reversal graphical pattern "wedge". Find out more by checking out the Source Link...
EURUSD: Having continued to see price hesitation, EURUSD looks to maintain above key support as temporary bottom scenario is developing. If it can hold and trade above the 1.0519/00 zone this view should continue to hold. On the downside, support lies at the 1...
Trading recommendations and Technical Analysis – HERE! After a sharp weakening of the Swiss franc last Friday, due to possible interference NB of sales Swiss franc against the Euro and dollar, the trading week started with a decline of the pair USD/CHF. Trading in the pair are aligned...
Oil price falls from 54.00 to a little above 43.50 since the beginning of October this year, and it has a negative impact on economy and the currency. Further easing not priced and the CAD may weaken if Bank of Canada will take more dovish tone...
Experts expect #oil to get another bearish signal after the #OPEC meeting on Dec. 4. #Investors cut long #trading positions ahead of the #event, where quota is will likely remain unchanged. Find out more by checking out the Source Link...
Goldman Sachs analysts considered that there will not be any big movement for the market in 2016, and they started the forecast from S&P 500 index predicted the weak market with a little growth. The price will be stuck to be around 2,100 level for the ranging market condition...
The Reserve Bank of Australia decided to leave the key interest rate at the record low of 2%, as expected. The Australian dollar regained some ground against the U.S. competitor amid mixed fundamental background. Find out more by checking out the Source Link...
Dovish tone from the Bank of England (BOE) is moving GBP to be down keeping selling pressure. Brexit debate could also support more bearish, and inflation rising is not enough to support for GBP...