Morgan Stanley estimated the most interesting possible trades by the direction for some pairs which they will trade in 2016. GBP/JPY. Short. Monthly price is on bullish market condition with the ranging within 195.86 resistance and 174.86 support levels...
Volatility expected through this month because December marks the single biggest month in monetary policy decisions all year. Starting on Thursday, 3rd is the ECB, where Draghi will announce the outcome of the Governing Council’s “re-examination” of QE...
Many analysis are considering NZD as the strongest currency for now compare with JPY for example. Anyway, as we see from the chart above - NZD/USD is on bearish condition for far below 100 SMA/200 SMA reversal area, and it seems the bearish trend will be continuing for breaking 0...
The price is located near 200 period SMA (200 SMA) on the border between the primary bearish and the primary bullish trend on the chart within the following support/resistance levels: 6463 resistance level located between 100 SMA and 200 SMA on the ranging area of the chart, and 5758 support leve...
Oil prices stay on the flat line on Tuesday while USD is slightly down. But it is expected that OPEC will not change production targets during a meeting scheduled on Friday this week. So, traders focus on concerns about global oversupply. By this moment, Brent is around $44.59; WTI is $41.73...
The worst year for the euro can be even sadder: International Monetary Fund has included the Chinese yuan in the basket of reserve currencies. Now euro zone currency’s weighting in the IMF’s SDR basket will drop to 30.93 percent from 37.4 percent, the organization said yesterday...
Here’s the market outlook (courtesy of Tallinex Limited - https://www.tallinex...
Morgan Stanley estimated for EUR to be in more bearish condition because of some expectation related to some main high impatected news events which will be happened in this week: 2015-12-03 12:45 GMT | [EUR - Minimum Bid Rate] 2015-12-03 13:30 GMT | [EUR - ECB News Conference] 2015-12-03 15:30 GM...
The price is on bearish market condition for the secondary ranging within the following key reversal support/resistance levels: 54.00 resistance level, and 42.18 support level. RSI indicator is estimating the secondary ranging within the bearish market condition. If the price will break 54...
The Japanese yen recovered Friday although a mixed data set of household spending, consumer prices and unemployment had sent it lower earlier...
Weekly price is on bullish market condition for ranging within the following key reversal support/resistance levels: 1863.12 support level located below Ichimoku cloud in the primary bearish area of the chart, and 2134...
Oil fell on Thursday, after six days of gains, as worries that violence in the Middle East would disrupt supply waned, and the focus returned to a persistent oversupply...
Gains in carmakers' shares drove European stocks higher for a second day amid a weak euro on optimism for further ECB stimulus...
The euro traded lower against the dollar on Thursday, despite several economic reports from the euro zone that were mostly positive...
Copper prices jumped on Thursday, along with other base metals such as nickel and zinc, after China regulators were said to consider a probe into metal short-selling in the local market...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price is on secondary ranging within 54.00 key resistance level and 42.18 key support level; bullish reversal level for Crude Oil is 69...
The dollar stabilized on Thursday after several relatively positive U.S. economic indicators pushed the U.S. currency higher overnight...
The Australian dollar fell on Thursday in Asia after downbeat capital spending data for private new capital. The New Zealand dollar was supported after trade data...
On Wednesday the dollar rose to fresh eight-month highs, as investors eyed of a series of U.S. economic data due later in the day...
