EURGBP- With the cross closing higher the past week, further upside pressure is likely in the new week. Although likely to face consolidation, we think it should head higher in the new week. On the upside, resistance lies at the 0.7400 level where a violation if seen will turn risk towards the 0...
USD/CAD currently at 1.3330 just 85 pips shy of its recent high. This currency pair made its recent high of 1.3415 on Sept 24th but closed below for the week. Now the question is how high it can go? I wish, I have the answer for you...
Hello traders, and welcome to the weekly economic analysis This week was very interesant for those who were waiting for notices from the european central bank and it's new monetary policy, as well as the Janet Yellen speech that made clear that the federal reserve is still aiming to increase the...
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Today's significant volatility is a result of the world gradually coming to an awareness that global growth will never be the same again. Will a 2008-like crash follow? - many ask...
First, a few words regarding last week’s forecast: - the EUR/USD pair once again demonstrated its capricious character, and, although it did eventually enter a sideways trend, it only did so after breaking through support in the zone of 1...
We can see few factors: Global trend on 4H Chart showing us clear down rise We have tight channel in down rise direction (bearish) Technical indicators are oversold which might conflict with our initial two factors If not considering the technical indicators, we might continue more down, however...
USDCHF: The pair followed through higher the past week on the back of its previous week long-tailed candle formation. This keeps the immediate outlook higher. However, its immediate challenge is to break and hold above the 0.9823 level...
This trading week was ended with some interesting results and setups for for Gold (XAU/USD). So, let's describe the interesting moments for this pair. ------------------ D1 price was on primary bullish market condition with secondary ranging: the price was inside Ichimoku cloud...
GBPJPY: With the cross following through higher on the back of its Thursday long-tailed rejection candle formation, further bullish price build up is envisaged. This leaves risk of more recovery towards the 184.09 where a break will open the door for strength towards the 185.00 level...
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: Volkswagen emissions scandal threatens German and even European economy...
All major European #stock #indices rose by more than 3% after a speech of Janet #Yellen reassured the #market. Also #shares are still supported with yesterday's Ifo data, which showed an increased confidence in the German #economy. Find out more by checking out the Source Link...
