Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bearish The bullish run started in the last week of July could not be sustained...
Gold Prices Move Lower After Blowout NFP Stokes Dollar Strength Fundamental Forecast for Gold:Neutral Gold Prices Rejected at July Highs After Stellar NFP Gold prices rejected after poking above the 2011-2012 Trend-line Last week ended with another bump higher in Gold prices as an abysmal U.S...
Yuan Volatility Elevates During Heavy Week of Data Fundamental Forecast for the Yuan: Neutral China’s Market News: PBOC: Dollar/Yuan Flexibility Will be Increased China’s Market News: Investors Worry about Strict Rules on Stocks, PE This week, both the onshore and offshore Yuan weakened against t...
RBA’s Lack of Dovish Forward Guidance Provides Support For AUD Fundamental Forecast for the Australian Dollar: Neutral • Dovish Components RBA’s SMP Mainly Result of External Factors, Favoring AUD Resilience • Australian Dollar Sentiment Points to Gains • For up-to-date and real-time analysis on...
Japanese Yen May be Days Away from a Significant Break Lower Fundamental Forecast for JPY: Bearish Disappointing policy stimulus leads traders to send Japanese Yen significantly higher Blockbuster US labor market data saves the USD/JPY from a much larger decline The Japanese Yen finished the week...
Post-BoE GBP/USD Weakness to Persist; Downside Targets in Focus Fundamental Forecast for GBP: Bearish GBP/USD Plunges on BoE Rate Cut and More QE, Growth Outlook Slashed COT-Record British Pound Ownership Profile GBPUSD stands at risk of giving back the rebound from the July low (1...
USDollar Resuscitated by NFPs but Bulls Difficult to Keep Satisfied Fundamental Forecast for Dollar:Neutral A 75,000 job ‘beat’ by the July NFPs data bolstered growth prospects and lifted the chances of a 2016 hike to 47 percent Volatility readings have tumbled this past week with the FX measure...
Daily price is located below Ichimoku cloud in the bearish area of the chart: price was bounced from 1.1233 resistance leve to below for the bearish trend to be resumed. The support level at 1.1072 is going to be tested by the daily price to below for the bearish trend to be continuing...
The last couple of weeks saw easing from the BoE, the RBA and the BoJ, and the Fed meanwhile presented a slightly upgraded economic outlook in its July statement. With the notable exception of GBP, the central bank’s actions did not have the desired impact on FX...
First, a review of last week’s forecast: – as to EUR/USD, the pair met expectations of both those experts supporting its rise to the area of 1.1250 and those predicting that the pair would start going south. So earlier in the week the pair surged upwards, reaching the mark of 1...
Weekly Trading Forecast: NFPs Versus Stimulus Changes the FX Market’s Standings The cumulative pressure between BoJ and BoE stimulus upgrades along with a strong US NFPs these past weeks has revived risk appetite and monetary policy advantages. Yet, can these themes survive slipping confidence...
Daily price is located above Ichimoku cloud in the bullish area of the chart for the ranging within key narrow support/resistance levels: 10,467.4 resistance level located above Ichimoku cloud in the bullish area of the chart, and 10,089...
COSMOS4U published the new optimized AdMACD Indicator parameters for the 32nd week of 2016. Click here to check the new parameters of EURUSD, USDJPY, XAUUSD, XAGUSD, GBPUSD, EURGBP, AUDUSD, EURAUD, NZDUSD, USDCAD and USDZAR...
Markets are now questioning the effectiveness of monetary easing (rate cuts or QE) to be able to weaken currencies. In particular, JPY and EUR cometo mind where both the BoJ and ECB eased further in January and March yet saw their currencies strengthen afterwards...
you can enter for sell @ 1.3060 if the next candle break the line down. the seller is dominating the market and the market is trading below ma...
EURUSD, H4: sell EUR/USD @ 1.1075 because if you look at the ma and the pin bar the next candle is about to break the pin bar down...
Nonfarm payroll growth came in at a robust 255k in July, outstripping both our (200k) and median consensus expectations (180k). Job growth for the prior two months was revised higher by 18k net, with June employment gains now reported at 292k...
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