#USDCAD bounced from an upward #trend line after the BOC meeting. The central bank has decided to leave the interest rate unchanged, but the accompanying statement did not contain the excessive pessimism. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 10th NZD/USD fell sharply after RBNZ cut its interest rate to 2.75%. The pair quickly erased gains of the previous two days currently trading at 0.6262...
EUR/USD: floating between 100-day SMA and 200-day SMA for direction. This pair is ranging between 100-day SMA and 200-day SMA for waiting for breakout/breakdown the levels. The price is ranging between 1.1243 resistance and 1.1086 support levels. The bullish target in case the price breaks 1...
EUR/JPY. Weekly price is on bearish ranging between the following s/r levels: 139.01 resistance level located near the upper border of Ichimoku cloud on the bullish area of the chart; 126.09 suppoer level located far below Ichimoku cloud in the bearish area of the chart...
The #market expects from #PBOC new measures of the monetary policy easing and yesterday it has supported risky #assets. But today concerns about the global #economy slowdown are in the focus again. #Oil is loosing ground after much worse than expected API data...
M5 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) for the secondary ranging within the following key levels: 1.5341 key support level located on the bearish area of the chart below 100-SMA/200-SMA; and 1...
The 3% Signal: The Investing Technique That Will Change Your Life by Jason Kelly Take the stress out of investing with this revolutionary new strategy from the author of The Neatest Little Guide to Stock Market Investing, now in its fifth edition...
GBPJPY: With the cross seeing weakness following a rejection candle print on Wednesday, further bearish momentum threat is envisaged. On the upside, resistance resides at 185.00 level with breach targeting further strength towards the 186.00 level...
Bank of Tokyo-Mitsubishi UFJ updated forecast for EUR/CHF estimated the bullish market condition to be continuing in December this year on good breakout way: the price will break 1...
On Wednesday, Queen Elizabeth II became the longest-reigning monarch in British history overtaking Queen Victoria. While her country might have lost global influence, she has ruled over an unprecedented period of wealth creation...
Since the commodity sector began to fall mid-2014, it was not just commodity investors who have taken a blow, but also commodity-driven economies as the result of their weaker currencies, with one UK-based research body calling for Australia and New Zealand to remain the weakest...
As the gold price lingered around 1101, a key fibo level, entered a BUY order with 0.2 lot size. Looking at the candle sizes in H4 and D1 and the chart patterns, it looks a bit difficult for the price to reverse...
Bank of Tokyo-Mitsubishi UFJ made updated forecast for the major pairs up to June 2016. For example, the Bank estimated for AUD/USD to be 0.71 for this month and 0.69 by December this year for example. It means that the bear market rally will be continuing for this pair by breaking 0...
Michael O’Rourke, chief market strategist at JonesTrading, thinks what this crazy market needs to sort itself out is a rate hike, and immediately...
EUR/USD This pair is on bearish market condition for ranging between Fibo resistance level at 1.1713 and Fibo support level at 1.0850. Symmetric triangle pattern was formed by the price to be broken with 1...
GOLD: GOLD remains vulnerable to the downside and looks to trigger more weakness although hesitating on Tuesday. On the downside, support comes in at the 1,110.00 level where a break will aim at the 1,100.00 level. A cut through here will open the door for move lower towards the 1,090.00 level...
Current trend Late in yesterday's American session, US stock indices rose sharply: NasdaqComposite up 2.7%, S&P 500 up 2.5%, DJIA up 2.4%, DJIA up 2.4%, S&P up 2.5%. The growth continued through the Asian session today: NikkeiStockAverage gained 1.9% on opening...
Gold could be a market mover this week, or it might continue to trade sideways. Analyst Frank Holmes is interviewed by Kitco News' Daniela Cambone for his view on what to expect from gold this week...
W1 price is located below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging between Fibo support level at 0.6935 and Fibo resistance level at 0.7421, and 100-SMA is moved to be below 200-SMA for the bearish trend to be continuing...
