United Overseas Bank expects sideways trading within 1.1145 and 1.1245 which means the following: the price will be ranging between 1.1245 resistance level located on 100-SMA/200-SMA on the border between the primary bearish and the primary bullish on the chart, and 1.1145/1...
The more boring seems the situation in #USDJPY, the more powerful may be the subsequent movement. Today's labor market data with a high probability will give a reason to expect certain decisions from the Federal Reserve. And it may give momentum to the pair...
#Currency pairs traded in narrow ranges prior to the U.S. data. #EURUSD is also within "triangle" borders and its hard to predict the direction of the breakout. It is recommended to stay out of the #market waiting for new #signals. Find out more by checking out the Source Link...
As i had mentioned about the high volatility in eurusd prices in my previous posts, expect the eurusd price to reach around 1.142 this week end. The most obvious is that the price could continue to fall down without any retracements...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, October 2nd USD/JPY is trading flat just above 120 as household spending jumps and employment data is in red colour...
As i had mentioned about the high volatility in gold prices in my previous posts, expect the gold price to reach around 1149 this week end. The most obvious is that the price could continue to fall down without any retracements...
Today, the U.S. labor #market data will be released and may strongly influence all #financial #markets. Prior to the important statistics, #stocks are falling, #gold is flat. Today #oil is rising as #traders expect the Baker Hughes data. Find out more by checking out the Source Link...
GBPUSD: GBP will have to break and hold below its support located at the 1.5133 level to trigger further weakness. That level continues to hold as support for almost the whole week. Support comes in at 1.5100 level with a follow-through lower seeing it targeting more weakness towards the 1...
W1 price is above 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bullish market condition: The price is trying to break Fibo resistance level at 1.3457 from below to above for the bullish trend to be continuing; Ascending triangle pattern was formed by the price with 1...
Review Status: In Progress | Live Test Begins: 21.08.2015 Performance Review Mission: Educate the traders about the EA’s actual performance in the live market running by our own terminal without any access from the author of that EA...
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by yesterday’s engulfing candle. The initial break below our initial targets near 1...
EURGBP: With the cross turning lower off its key resistance at 0.7421 level to close lower on Wednesday, further weakness is now seen. As long as the 0.7421/36 zone remains unbroken, you should see the pair weakening in the days ahead. On the upside, resistance lies at the 0...
On Thursday, #gold fell to its lowest level during the past two weeks after yesterday's strong data on the U.S. labor market. #Platinum #futures currently traded at 903.80 #dollars per ounce. The pressure on the precious #metal had a recent scandal with #Volkswagen...
Tony Sagami, a former Merrill Lynch stockbroker with 30 years of market experience, says the average investor is about to get cleaned out...
Stronger than expected #GDP data in Canada , as well as a recovery in #oil #prices gave rise to #loonie purchases. It is recommended to take #profits on long positions and stay out of the #market until new #signals will be received. Find out more by checking out the Source Link...
More positive than expected data on the U.S. non-farm employment data gave a reason to expect the #Fed rate hike this year. It is a serious blow for #Gold, which is already under pressure amid technical factors. Find out more by checking out the Source Link...
UBS described some trading strategies which may be used for EUR/USD in short and medium term situation: EUR/USD: "the pair has had a slow week so far with no clear direction and we should see more of the same ahead of Friday's US payrolls...
