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USD/SGD is currently trading around 1.3610 marks. It made intraday high at 1.3613 and low at 1.3582 levels. Intraday bias remains bullish till the time pair holds key resistance at 1.3538 marks. A sustained close above 1.3614 will test key resistances at 1.3660, 1.3732, 1.3799, 1.3836, 1...
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions. For the next hours, I prefer sell setups on GBPUSD...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish Last week saw the resistance line at 1.1300 tested, followed by a correction...
Daily price is on ranging market condition located above Ichimoku cloud in the bullish area of the chart within the following support/resistance levels: 1.1326 resistance level located above Ichimoku cloud in the bullish area, and 1...
GBP staged a comeback in recent weeks, buoyed by better-than-expected UK PMI and housing data and the unwinding of extreme market shorts. Data releases next week could confirm that the initial Brexit shock was smaller than feared and support the currency...
First, a review of last week’s forecast: – as for the forecast for EUR/USD, those 40% of experts, who believed that the pair would go up to the resistance of 1.1300, which virtually happened, were right...
Daily price is on breakdown which was started on Friday on close daily bar: the price is testing upper border of Ichimoku cloud to below for the bullish breakdown to be continuing with the secondary ranging way and with 0.7485 bearish reversal target...
The terrorists events of 9-11 took all of America by surprise, but how did the stock market react? This page takes a closer look. 9-11: Dow Industrials With the focus on 9-11, it is hard to remember what year the terrorist events took place...
Why bank profits matter for FX? There are two main reasons why bank profitability should matter for an FX investor...
Daily price is on secondary rally within the primary bullish market condition: price broke one of Senkou Span line B of Ichimoku indicator to above for the ranging rally to be located inside Ichimoku cloud. The price is testing Senkou Span A line of Ichimoku indicator to above together with 1...
EUR/USD tested levels above 1.1300 during the past week, but failed to settle at highs. The single currency strengthened as traders were disappointed by the European Central Bank’s decision not to ease monetary policy...
Many institutional analysts wonder why would anyone buy gold notoriously known as a bad investment, paying no earnings, dividends or income of any kind. But the fans of this precious yellow metal have an axe to grind: gold tends to appreciate in times of crises of any kind...
US ISM services PMI showed dramatic decline of 4.1 points in August falling to 6-month low. This together with disappointing nonfarm payrolls and contraction in manufacturing hurt positions of the US dollar bulls. By the end of the week, however, American currency managed to recover...
There’s a possible “Doji” pattern, which has a strong confirmation. Also, the current “Three Methods” pattern is going to end soon. In this case, it’s likely to have an achievement of the nearest resistance in the short term. If we see a pullback from this level, bears are likely going to move on...
EUR/GBP rising inside intermediate impulse wave Next buy target - 0.8600 EUR/GBP recently reversed up sharply from the support zone lying between the pivotal support level 0.8350 (which also previously reversed the price sharply at the start of August), lower daily Bollinger Band and the 38...
NZD/CHF reached buy target 0.7220 Next sell targets - 0.7150 and 0.7100 NZD/CHF continues to decline – following the earlier downward reversal from the resistance zone lying at the intersection of the key resistance level 0...
On Friday, European stocks moved down, as the European Central Bank’s fresh policy decision disappointed market participants and as dropping crude prices weighed on the energy sector having risen steeply on Thursday. The EURO STOXX 50 decreased 0...
Wolfgang Schaeuble, German Finance Minister intends to move ahead with proposed tax cuts as soon as possible, while Chancellor Angela Merkel's ruling right-centre coalition might consider an initial tranche of cuts already next week, as the Bild newspaper disclosed...
Technical analysis The AUD/USD has found support at the current levels of 0.7600, 0.7595 (EMA144, EMA200 on 4-hour chart). In the event of breakdown of the nearest support level will be the level 0.7575 (EMA50 daily chart...
