#Today the most important data will be published during the #NewYork #trading session. First of all it's the #US #GDP data for the 2d quarter, which may cause strong #market fluctuations. Find out more by checking out the Source Link...
Last two days I was with short trade in EURUSD. Today's market movement is little bit tough to understand. Today's day candle is strong for long trade. Weekly candle also in the risky point and anytime can cross again my target channel to go up. My today's decision, I will go for long trade...
AUDUSD: AUDUSD may be biased to the downside but faces a recovery threat while holding above the 0.7037 level. However, we should see a move higher if the mentioned support remains unbroken. On the downside, support resides at the 0.7050 level where a breach will aim at the 0.7000 level...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, and USD/CAD. EUR/USD: Although we prefer the long side, we recommend keeping a stop below the 200 day moving average at 1.1322 and not jumping into longs at the current level...
W1 price is on bearish market condition with the local uptrend as the bear market rally which was started last week: The price is breaking 0.7258 resistance level from below to above for the market rally to be continuing...
The data is due on Friday, and many analysts now expect gross domestic product to have shrunk 0.1 percent in last quarter, a second consecutive contraction that would mark the first recession in six years...
EURJPY: With the cross weakening further for a third day in a row, further bearishness is envisaged On the downside, support comes in at the 135.50 level where a break will aim at the 135.00 level. A turn below here will target the 134.50 level with a breach turning focus to the 134.00 level...
Barclays Capital made a conclusion that Fed rate hike will be March 2016. Barclays explained that FOMC can raise rates in December 2015 but FOMC may push rate hike in Mrach because of volatility of the market...
Why #oil production continues to rise despite low prices and falling demand? More cash for Russia, strategic goals for Saudi Arabia and the path of modernization for the USA. Find out more by checking out the Source Link...
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Stock futures were climbing on Tuesday, after a three-day fall that led to a 9% drop in the value of the S&P 500. The gauge is currently down 1.35%. Some analysts, meanwhile, suggest that history shows a sharp move higher may come soon...
#EURUSD is stabilizing in the area of 6-month low that was passed on Monday. The growth can resume at any time and we are waiting for confirmation #signals from #trend #indicators. Meanwhile, #GPBUSD continues to #trade in the same area. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 26th NZD/USD gains amid narrower Trade Balance deficit than expected at 649M. The exports were higher at 4.20B versus forecasts of 3.85B. The pair is trading at 0.6500 as the U.S...
Societe Generale is making some consideration about future possible forecasts. For now - it is just a question: 'When And At What Level To Sell EUR/USD'...
H4 price is on bullish market condition with the secondary correction to be started: the price was stopped by 1.5675 support level located near Senkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. If the price crosses this 1...
From yesterday's analysis, I got 50 pips profit. I am trying to get positive result from today's analysis also. EURUSD still now uptrend as per weekly chart. Daily chart is showing down trend for a while. So, I will take a chance for a short trade today. I am waiting for 1...
#Traders are waiting for the data on durable goods orders, which will be released later this day in the USA. Also it is recommended to pay attention to a speech of the #FOMC member William Dudley. Discover more by checking out the Source Link...
GOLD: The commodity’s outlook remains lower after extending its corrective weakness on Tuesday. On the downside, support comes in at the 1,130.00 level where a break will aim at the 1,110.00 level. A cut through here will open the door for move lower towards the 1,100.00 level...