Who has been buying in the last couple of weeks? Maybe those that are hopeful the Fed will keep rates artificially low are buying ahead of that awaited announcement? Or are people are buying for no other reason than others are buying...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 17th NZD/USD slipped lower amid NZ GDP coming out in red colour. Analysts expected that the economy growth pace would be 0.5% QoQ and 2.5% YoY. However, the actual figures were both 0...
H4 price is located above 100 period SMA (100-SMA) and above 200 period SMA (200-SMA) for the primary bullish market condition for the secondary ranging within the following key levels: 1. Intermediate levels. 1.1320 resistance level which is crossed by the price for now from below to above for 1...
Roller-coaster continues in #GBPUSD. Yesterday the #cable has turned around and demonstrated a powerful wave of growth amid positive #statistics. Discover our recommendations. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#AUDUSD is testing a medium-term downtrend line, which can mean the end of this #trend. It's recommended to wait for new fundamental #signals and don't forget about the #event of the months or maybe even years – the publication of the Fed's monetary policy decisions...
BNZ made a forecast for AUD/USD up to March 2017 estimating the ranging market condition for this pair. As we see from the weekly chart - the nearest support levels are 0.7037 and 0.6907. If 0.7037 support level will be broken so 0.6907 will be the next bearish target...
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: Tuesday’s low close confirms the prior “spinning top” candle and signals lower in range. Below 1...
Japan has published the weak data on trade balance, exports and imports but statistics did not have a strong impact on the #yen. Ahead of the long-awaited announcement of the Fed interest #rate decision, Asian #stocks are mixed, #Gold traded flat. Find out more by checking out the Source Link...
USDCAD Bearish, Beware of resistance at 1.3250 - USDCAD bias to bearish opportunity, especially if the price holds below the MA 50-100-200 signal in the 4 hours chart. But potentially bearish movement is limited due to the stochastic indicator is in the overbought area...
The GDP data put a halt of Kiwi - Strengthening kiwi in a five-day streak stopped for a while after the release of gross domestic product data were disappointing New Zealand. Bureau of Statistics New Zealand reported a second-quarter gross domestic product grew 0...
Bullish Aussie stuck in Psychological Level 0.7200 - 0.7200 psychological level curb the strengthening of the Australian dollar today, the ability to move consistently above that area would bring the price rise towards 0.7260 area. Conversely if it continues to move below 0...
Sterling Shutter Resistance 1.5580 - The rise in average salaries in the UK are higher than expected, and the unemployment rate dropped to make sterling rose sharply in trading Wednesday...
Citigroup made a forecast for Fed hike for today in technical and fundamental ways: "Citi’s baseline is for a 25bps hike, but there remains considerable scope for surprise, as well as hifting communication to play a role...
EURUSD: Having EUR halted its two-day corrective weakness to close higher on a rejection candle on Wednesday, further strength cannot be ruled out. On the upside, resistance comes in at 1.1350 level with a cut through here opening the door for more upside pressure towards the 1.1409 level...
JPMorgan, Barclays among banks assessing bitcoin innovation. Divider Street race is on to make sense of blockchain's potential. A world's percentage greatest banks, including JPMorgan Chase & Co...
Eurodollar prospects brokers are scrambling to minimize "Shock Risk." Brokers on Tuesday seemed to choose that the dangers of the Federal Reserve astounding them with an unforeseen interest rate liftoff this week were excessively awesome...
Sustained expand would help streams to east Europe: Commerzbank. Purchase forint, zloty regardless of Fed choice: Deutsche Bank. It's not about the Fed - not when you're sitting in eastern Europe at any rate...
GBPUSD: With GBPUSD breaking above the 1.5450/07 zone during Wednesday trading session, further bullish offensive is likely. However, it must hold above its resistance turned support zone on a weekly closing basis to prevent a return to the downside. On the upside, resistance resides at the 1...
Some Fed watchers caution that financial specialists are still not well arranged. Where the following ``crack'' rises is hard to foresee, BMO says. It's the most firmly dismembered and exceptionally foreseen choice on U.S. interest rates in late memory...
Negative signs given by my system of forces:https://www.mql5.com/en/blogs/post/226558 I think down side for the usd on weekly...
