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: We are bearish against resistance in the 1.1460 area. A move below support near 1...
In a note to clients today, Bank of America Merrill Lynch takes stock of the recent developments in GBP and look ahead to the prospects for the pound...
The near-term outlook for the pound sterling against the euro remains biased to the downside, but the more interesting picture is viewed from a multi-year approach...
W1 price is located between 200 SMA and 100 SMA with the ranging market condition within the primary bullish: The price is above 200 SMA for the bullish market condition. Symmetric triangle price pattern was formed by the price to be crossed for direction. 'Reversal' support level is 126...
GBPUSD: GBP has revered its Tuesday losses and looks to resume its short term uptrend. On continued upside offensive it should target its nearby resistance at the 1.5400 level. On the upside, resistance resides at the 1.5450 level. Further out, resistance resides at the 1...
Central bank and sovereign wealth fund assets will decline by $1.2 trillion, or nearly 7%, by the end of 2015 as China and oil dependent states including Russia and Saudi Arabia dip into their savings amid slower growth and lower crude revenues, says UBS Group AG...
After a morning statistics from China #oil fell below $ 50 per #barrel and continues to decline. Meanwhile, the International Energy Agency says that in 2016 the oil #market will remain oversupplied. Find out more by checking out the Source Link...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: is still trading with a bid tone. We prefer to remain short with plenty of chances to cover on intraday dips...
Westpac are backing the pound sterling to stage a recovery against Aussie dollar. Strategists at Australia’s Westpac are backing the British pound to advance against the Australian dollar...
The prospect of another New Zealand interest rate cut in coming months has just decreased further. The progression of interest rates is fundamentally important for the outlook of the NZD...
W1 price is located to be above 200 SMA and above 100 SMA with the ranging market condition within the primary bullish: The price is ranging within 195.86 key resistance level and 180.39 key support level...
Fredrik Nerbrand, global head of asset allocation for HSBC, has trimmed his weight in the S&P 500 index to 0% from 5...
#GPBUSD has responded to unexpectedly weak #inflation data in the UK with a sharp drop. Today the country will release the data on #employment, so we do not expect #prices to stabilize. Find out more by checking out the Source Link...
An upward movement of #Gold looks healthy and #trend #indicators confirm it. It is recommended to hold long positions opened on a breakout of 1170.50. We should also pay attention to today's publication of data on retail sales in the USA. Find out more by checking out the Source Link...
BNP Paribas made fundamental forecast concerning Retail Sales news event for today: "They expect only a flat reading in total retail sales although the control group sales should come in at a more respectable pace of 0.3% m/m...
USD/JPY is on bullish market condition for ranging between 116.13 support level and 125.85 resistance level. The key levels for the pair are the folloiwng: 116.13 support level and Yearly Central Pivot at 114...
#Gold #futures are rising after the weak data on the consumer price #index published in China. This statistics may indicate that the #PBOC will take new steps of monetary policy easing and it supports #precious #metals. Find out more by checking out the Source Link...
NZD/USD is on long-term bearish market condition for ranging between 0.6102 support level and 0.6720 resistance level. The key levels for the pair are the folloiwng: 0.6102 support level and S3 Pivot at 0.6029 as the next bearish target, and 0.6720 resistance level and S2 Pivot at 0...
EURUSD: With EUR continuing to trade below the 1.1396 level and its major resistance at the 1.1459 zone, our bias remains to the downside. This suggest its upside risk is now limited while maintaining below the 1.1459 level and downside threat remains the immediate bias...
A new forecast warns that those hoping for better pound exchange rates could be bitterly disappointed. We have reported time and again on how the finance world's leading analysts continue to predict a higher GBP to EUR exchange rate...