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...
GBPJPY: The cross closed almost flat the past week (see weekly chart) after failing to follow through higher on the back of its previous week gains.Additionally, it printed a rejection candle on Thursday and followed through lower on Friday...
The current week was characterized by waiting on the decision of the US interest rates that has frozen for a long time quotes of stock indices and also of some key currencies such as the Dollar and the Euro...
Firstly, a few words about the forecast for the previous week: - Regarding the behavior of EUR/USD, we had refrained from giving a precise prediction, laying out two possible scenarios instead: either the pair’s growth towards the resistance level in the 1...
According to technical analyst and chief market technician at MKM Partners Jonathan Krinsky, you should drop any hopes for new highs in the stock market this year. He makes such a conclusion after looking at how the S&P 500 has behaved historically after falling at least 10% from a peak...
>>> Leaders press for greenhouse gas cuts ahead of Paris meeting >>> Billions in climate aid for poor countries still at issue Optimism’s not a mood usually associated with global warming...
USDCHF: With USDCHF reversing almost all of its past week losses to close marginally lower on Friday, risk of further move higher is likely. On the upside, resistance lies at the 0.9762 level with a breach targeting the 0.9800 level. A breather may occur here and turn the pair lower...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: The break above 1.1375 warns of a squeeze higher in range towards 1.1474. We would look to fade upticks against the 1...
From fundamental point of view UBS made a forecast for EUR/USD based on fundamental news event which was yesterday: "The overall reaction to the FOMC decision yesterday has been relatively muted considering this was one of the biggest events of the year...
USDCAD: USDCAD took a nose dive after failing to follow through higher on its Thursday strength. This development leaves risk lower. Resistance resides at the 1.3100 level where a break will target the 1.3150 level. Further out, resistance comes in at the 1.3200 level where a turn lower may occur...
United Overseas Bank made a forecast for EUR/USD concerning the movement of this pair for today and the beginning of the next week: "EUR/USD strong rally to a high of 1.1438/43 appears to be over-extended and further sustained up-move is unlikely." "Retest of 1.1438/43 is possible but 1...
Most Important 2 Minutes of the Fed News Conference. Central bank authorities left premium rates unaltered, selecting to postpone an increment in the midst of persistently low swelling, a questionable viewpoint for worldwide development and late budgetary business sector turmoil...
Top-positioned examiner expects delay deals development into 2016. Securing system raising eyebrows as e-business moderates. Alibaba Group Holding Ltd. resembled a beyond any doubt thing a year prior when it pulled off the biggest first sale of stock ever...
September deferral echoes Bernanke's alert in abating QE. Sustained at the end of the day confronting abroad dangers and government shutdown...
“Now we will go back to the fretting about the Fed’s timing and the interim data, which will be sliced and diced,” said Liz Ann Sonders, chief investment officer at Charles Schwab in a note titled, “When Doves Cry.”...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: December or next year? And will global economic woes fade before the Fed decides to hike...
