Bollinger bands are very similar to moving averages. The bands are plotted at two standard deviations above or below the moving average. This is typically based off of the simple moving average, but an exponential moving average can be used to increase the sensitivity of the indicator...
The Australian Dollar was the main laggard in Asian hours, in response to a dismal Australian jobs report, with the Euro also the protagonist, seesawing to both sides of the chart on inconclusive Greek-EU debt talks, only to finish almost unchanged for the session...
2015-02-12 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Employment Change] past data is 42.3K forecast data is 5.0K actual data is -12.2K according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
AUD/USD: Short Little changes in the strategy compared to yesterday. One short position with a traling stop is still open for the last two weeks. See for more information my weekly reviews on my strategy pubished in the last 2 weeks...
The following are a selection of some of key points in UBS' preview for the BoE Quarterly Inflation Report on Thursday. 1- Certainly not all bad news on growth. Revised forecasts from the Bank of England in the February Inflation Report should show a still relatively upbeat growth outlook...
Despite recent oscillation, the bearish AUD trend remains in place, says Credit Suisse...
The USD/JPY was supported firmly at ¥115-117.5 by buying on weakness by Japanese investors and importers even under January's risk-off atmosphere, notes Deutsche Bank. "There is solid real purchasing demand for the USD/JPY. The global economy remains on a slow but steady uptrend...
Overnight risk sentiment was stable with US stock futures trading broadly flat at the time of writing. This is mainly due to rising expectations of EU Finance Ministers agreeing on a temporary solution for Greece. However, it appears too early to expect a major agreement as soon as today...
Eddie Tofpik of ADM Investor Services, shares the technical levels for EUR/USD, further viewing that might make further attempts lower. Key Quotes “Last month when I wrote my Longer Term View using as a minimum Weekly Charts I drew metaphorical line at saying anything lower that than the 1...
FXStreet (Barcelona) - The Research Team at Goldman Sachs explain that BoE has more room than other G10 central banks to look through the temporary fall in headline inflation, and with inflation expectations remaining well anchored UK might see more rate hikes than what is currently priced into t...
The New Zealand Dollar is falling against its American counterpart and after falling 50 pips from 0.7410 in the last hour, the NZD/USD broke below the MA-200 hours of 0.7385 to trade at daily lows of 0.7355. Currently, NZD/USD is trading at 0.7371, down 0...
Valeria Bednarik, Chief Analyst at FXStreet, shares the technical outlook for EUR/USD, and notes that with no relevant fundamental data today, the pair awaits the outcome of today’s eurogroup meeting...
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, shares that the core risk for GBP remains tomorrow’s BOE’s QIR report, with the pair expected to move higher as the market remains prepared for a downgrade to inflation outlook...
As Greece has stepped onto a hard line with the European creditors, the country claims it has other friends, namely, Russia, China and the United States...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: The market should be very news-driven today with the focus on the emergency Eurogroup meeting on Greece. Stay flexible and trade according to the meeting outcome...
ORIGINAL: www.in-trading.eu -> http://www.in-trading.eu/2015/02/11/trendwende-oder-doch-nur-korrektur-eurjpy/ Euro verliert deutlich an Wert auch gegen den Japanischen Yen, allerdings in der größeren Zeitspanne...
On Wednesday PwC issued a report detailing the difficulties facing the UK's oil and gas industry. The company argues that because of the recent drop in oil prices many British oil and gas firms will need to transform the way they operate...
The EUR continues to trade relatively stable, notwithstanding the continued uncertainty pertaining to Greece where this sort of stability owes in part to resurgent strength in equity market inflows, notes BNP Paribas...
As Greece's debt crisis is flourishing, the future of the euro zone is blurred and Ukranian conflict is escalating, analysts are worried that the global economy is now approaching another deep crisis. In a crisis, you parked your cash in the Swiss franc, or in U.S. Treasury bonds, or in gold...
Gregor Horvat of EW-Forecast, uses Elliott Wave Analysis to predict that AUD/USD could make a move higher before resuming a move lower. Key Quotes “We are wondering if maybe commodity currencies have turned into a larger correction against the USD...
