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Your Economic Data/Event Calendar for today in Europe 30 June 2016 Greetings and welcome to month-end. And that's means month-end flows ( don't forget the usual EURGBP demand for the UK's EU membership fees. Yes we've still got to pay those for a while yet!). Also keep an eye on the 15...
Trading Systems
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Sherif Hasan, 30 June 2016, 06:53
EURUSD: Having EURUSD closed higher on Wednesday, it could face further upside. This development if seen will aim at its key overhead resistance at 1.1130 zone. On the downside, support lies at the 1.1100 level. Further down, support comes in at the 1...
Analytics & Forecasts
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FXTechstrategy.com, 30 June 2016, 03:32
OTTAWA (MNI) - The world after Brexit is one of heightened uncertainty with a higher risk of a global recession, which is "bad news" for most commodity-led countries and their currencies, T. Rowe Price Global Unconstrained Bond Fund Portfolio Manager Arif Husain told MNI...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 23:33 #forex
DNB Markets have updated their foreign exchange forecasts for the new post-Brexit world and the dollar and Scandis are the big winners...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 20:01 #EUR/USD
What a gift Brexit has been for those transferring euros into pounds - the rate has moved in your favour considerably. The question you may be asking is whether even better rates are coming your way? The rapid climb from 0.76 to 0.82 has certainly turned the outlook for the exchange rate positive...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 19:00
ING warn that pound sterling will reach levels of 'extreme' undervaluation against the euro over coming months while the euro is not at risk of a fall to parity against the dollar despite the threats to the EU posed by Brexit. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 18:57 #forex
Giving his latest strategic forecast for the US dollar vs Canadian dollar, Jeremy Stretch at CIBC Markets writes: Despite seeing the CAD trading on the defensive in yesterday’s session the failure of USD CAD to close above the 100-day MAV, (1.3087) is significant, at least in the short run...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 18:52 #forex
Risky assets continue to trade better supported. Despite the better tone to risk, USDJPY is struggling to rally, perhaps a reflection that the meeting in Tokyo between Abe and Kuroda yielded no new signals for easing...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 17:43 #forex
Below is GBPUSD H4 chart after Brexit. I will explain with ichimoku kinko hyo. Tenkan has continally upward direction. Chikou span makes higer point. And there is the resistence of Kijunsen and kumo...
Analytics & Forecasts
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Chang Suk Chung, 29 June 2016, 17:15 #Ichimoku
On Brexit’s leave decision, EURUSD went down as was expected, fueled by the fear of an economic downturn in the Eurozone...
Analytics & Forecasts
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Leonardo Barata, 29 June 2016, 15:40
With global focus on the UK referendum and outcome, investors could be forgiven for forgetting that Australia will be holding an election on 2 July, in which both the lower and upper house seats are up for grabs...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 15:13 #forex
Speculation continues mounting is the UK will indeed leave the EU or that there will be a regret on Brexit – Bregret or if you wish, an EU-turn or a Breturn. This big event is already taking its toll on the economy, but provides growth in new words...
Trading Systems
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Sherif Hasan, 29 June 2016, 14:37
Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar...
Trading Systems
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Sherif Hasan, 29 June 2016, 14:34
EURUSD Daily Analysis EURUSD (1.106): EURUSD has established a range of 1.120 and 1.110 as the levels of resistance and support. While a retest of the resistance at 1.120 is pending, support has been clearly established at 1.10...
Forecasts
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Sherif Hasan, 29 June 2016, 14:33 #xauusd, technical analysis
Small steps for the pound but the buyers are gaining traction 1.3420 was resistance yesterday and today and was S&R on Monday too. GBPUSD 15m chart We've hit minor resistance up around 1.3450 and there's more waiting at 1.3470/75. 1...
Trading Systems
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Sherif Hasan, 29 June 2016, 14:15
EUR/USD. We are adjusting our EUR/USD forecasts in line with what we communicated before and immediately after Brexit. We now forecast EUR/USD at 1.09 in 1M (1.11 previously), 1.07 (1.10) in 3M, 1.10 (1.14) in 6M and 1.14 (1.18) in 12M. Copy signals, Trade and Earn $ on Forex4you - https://www...
Analytics & Forecasts
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Vasilii Apostolidi, 29 June 2016, 12:39 #usd/cad
EUR/USD: Bearish: Room to extend lower but 1.0820 is a major support. There is no change to the bearish EUR view; the current movement is viewed as a short-term consolidation phase which should lead to further EUR weakness towards 1.0820 in the coming days GBP/USD: Bearish: A move to 1...