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...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish for secondary ranging between Fibo support level at 0.9148 and Fibo resistance level at 0.9746: the price is ranging around 50...
H4 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA): the price broke 200-SMA from above to below on close H4 bar and stopped near 1.3068 key support level...
Federal Reserve Chair Janet Yellen is still doing her best impersonation of someone at NASA's Mission Control. She's preparing the market for an eventual liftoff for interest rates...
Amid the U.S. dollar sales and a collapse of U.S. Treasuries, competing currencies in #Forex are strengthening. So, it's recommended to hold long positions in #GPBUSD, acting in accordance with a classic #trend #trading. Find out more by checking out the Source Link...
Yesterday's Fed meeting results gave #Gold a strong upward momentum and now we see a "symmetrical triangle" on a #chart. #Traders should wait for breakout of one of its borders before acting. Find out more by checking out the Source Link...
Chance Bullish For Gold in Upper MA 50-100-200 in Graph 4 Hours - Bias potentially bearish for gold prices in the short term because the Stochastic indicator in the 4 hours chart are in overbought area...
