Strategist Richard Franulovich at Westpac recommends selling the shared currency vs. the US dollar and the Swiss Franc. Key Quotes “Not a lot going for the euro right here, even as ECB QE anticipation is out of the way and positions are of course heavily lopsided”...
GBP/USD settled in a lower range on Thursday as the greenback strengthened a tad following the Federal Reserve statement. GBP/USD climbed to a daily high of 1.5161 during the European session, but was rejected and sent to a low of 1.5109...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and NZD/USD. EUR/USD: rebounded twice from 1.1310-20 yesterday but 1.1370-80 proved to be a good sell on both occasions and the dollar strengthened across the board on the FOMC statement...
According to Jeffrey Gundlach, bond trader and CEO of Doubleline Capital, gold looks attractive by comparison with government bond yields negative in Switzerland and parts of Europe...
Find the Daily Trend Using this strategy - we are going to find entries with the trend when price breaks from a key point of support or resistance. Since we will be selling in a downtrend and buying in an uptrend, the first task of this strategy is to find the trend...
With the FOMC meeting already in the rear-view mirror, EUR/USD is managing to keep the trade well above the 1.1200 handle so far, looking to regain ground lost. Karen Jones, Head of FICC Technical Analysis at Commerzbank, suggested the pair “is more negative intraday and suggesting that 1...
Jason Sen of DayTradeIdeas, shares the key technical levels for EUR/USD, expecting the pair to retest the support at 1.1275/70. Key Quotes “EURUSD failure to beat first resistance at 1.1320/15 sees a retest of support at 1.1275/70. A break lower today targets support at 1.1235/30...
Jason Sen of DayTradeIdeas, views that USD/JPY has a good chance to move higher and the break the 5-day range, a break higher might target 119.30/35 levels. Key Quotes “USDJPY holding below 117.75/70 targets support at 117.35/25. On a break lower this week look for good support at 117.00/96...
EUR/USD remains subdued in the early European morning, continuing its bearish trend as the correction from the beginning of the week seems to have ended after USD regained strength post FOMC. EUR/USD supported at 5-DMA The EUR/USD now recovers from session lows and trades now at 1...
Richard Yetsenga of ANZ, argues that with the recent central bank surprises and the emerging ‘shortage’ of bonds globally, the return of US cash as an asset class might be seen for the first time in a decade. Key Quotes “Certainly, a US cash comeback is not a new idea...
The Research Team at Nomura share Fed’s assessment of the US economy, with the central bank now viewing a ‘substantial decline’ in measures of inflation compensation from the previous ‘somewhat decline’...
According to RBS FX Strategists, German CPI is anticipated to slip into deflation on a y/y basis for the first time since September 2009, with preliminary estimate of German CPI for January due today...
The Research Team at Nomura gives the forecast for China’s monetary policy, expecting the country to witness a benchmark rate cut of 25bp in Q2, 2015...
Pressure is mounting on Australia’s central bank to join developed-market peers in easing monetary policy as falling oil prices and stagnant economies spread disinflation...
Markets are prone to turn at existing points of support and resistance, so the first step is to identify these points on your chart. To simplify the process, for today’s “DT Pivot” strategy, we will be adding camarilla pivots to the chart...
2015-01-28 20:00 GMT (or 22:00 MQ MT5 time) | [NZD - Official Cash Rate] past data is 3.50% forecast data is 3.50% actual data is 3.50% according to the latest press release if actual > forecast (or actual data) = good for currency (for NZD in our case...
GBPUSD , H1 https://www.mql5.com/ru/charts/2947926/gbpusd-h1-forex-ltd The indicator of OsMA, marking covergention, gives founding to priority of purchases for planning of trade operations to date...
Elliott Wave Principle: Key To Market Behavior by A.J. Frost and Robert R. Prechter "This is a definitive, excellent book on Elliott, and I recommend it to all who have an interest in the Wave Principle." Richard Russell, Dow Theory Letters "Gold and Silver Today wholeheartedly endorses this book...
Important news came out today for the USD and the NZD. The chosen pairs for trading showed more volatility but further the situation remains the same compared to yesterday. NZD/CAD: Long The pull back last week in the pair offered a good opportunity to step in...
Apple’s Earnings: The Staggering Numbers (WSJ Digits) Strong Dollar Squeezes U.S. Firms (WSJ) see also U.S...
