All Blogs

To add a new post, please log in or register
Hello traders, and welcome to this week fundamental analysis...
EUR/CHF declines over recent weeks appear to have been temporarily stalled in the face of a bullish development. The MACD line is tracing higher lows, when compared to recent sessions...
Forecasts
  • 32
Khurram Mustafa, 26 October 2015, 17:30
While the pound is among the top performers on Monday, the Swiss franc is the opposite and is losing ground. GBP/CHF continues to rally and reached the strongest level since September 22. GBP/CHF: Rally goes on Two weeks ago the pair dropped to 1...
Currency
  • 56
  • 1
Khurram Mustafa, 26 October 2015, 17:12
Kit Juckes, economist at Societe Generale, explained that the week's biggest event may be the BOJ on Friday. Key Quotes: "My view last week was that the QE is losing its ‘mojo' and that I would be surprised if either dovish words from the ECB or further QQE from the BoJ would have much FX impact...
Market News
  • 23
Khurram Mustafa, 26 October 2015, 17:09
AUD/USD is currently trading at 0.7257 with a high of 0.7269 and a low of 0.7207...
Currency
  • 59
Khurram Mustafa, 26 October 2015, 16:59
As per FXSTREET, Crude oil prices are extending its negative downbeat at the beginning of the week, currently hovering over the low-$44.00s per barrel...
Analytics & Forecasts
  • 110
Khurram Mustafa, 26 October 2015, 16:38
The greenback, in terms of the US Dollar Index, keeps trimming recent gains and is now hovering over session lows in the 96.90/85 band. US Dollar retreats from 97.20 After testing 2-month lows above the 97...
Analytics & Forecasts
  • 64
Khurram Mustafa, 26 October 2015, 16:26
In the view of Eric Theoret, Currency Strategist at Scotiabank, the pair’s perspective remains on the bullish side for the time being. Key Quotes “Both the MACD and RSI momentum indicators are bullish, and trend signals are showing signs of a turn”. “USDCAD’s rally toward the 50 day MA (1...
Analytics & Forecasts
  • 59
Khurram Mustafa, 26 October 2015, 16:25
After a bull run to the 1.5380 area, or session peaks, GBP/USD has now returned to the 1.5360/55 band. GBP/USD looks to GDP figures The pair has given away part of the gains following the spike to the 1.5380 area as the greenback is now attempting to revert part of the initial drop...
Analytics & Forecasts
  • 51
Khurram Mustafa, 26 October 2015, 16:19
The yellow metal’s rebound over the past few months has been slippery at times, with the most recent obstacle a stronger U.S. dollar, UBS says. However, the bank has noticed some encouraging aspects about gold's recovery...
Metals
  • 1293
News, 26 October 2015, 15:36 #copper, silver, metals
U.S. stocks opened in the red on Monday ahead of this week's Federal Reserve policy meeting and quarterly earnings reports from key companies including Apple...
Market News
  • 1118
News, 26 October 2015, 15:22 #Wall Street, Nasdaq
W1 price is is on bearish market condition located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the secondary ranging between 0.6084 Fibo support level and 0.6896 Fibo resistance level: Ascending triangle pattern was formed by the price to be crossed Fibo resistance level at 0...
Analytics & Forecasts
  • 1216
  • 1
Sergey Golubev, 26 October 2015, 15:11 #Fibonacci, nzdusd
Volkswagen lost the lead in global car sales to Toyota after claiming the first place three months ago, as the German car producer is getting used to negative consequences of a widening emissions-cheating scandal...
Company News
  • 776
  • 1
News, 26 October 2015, 14:51
GBPUSD: GBP declined sharply the past week leaving risk of more weakness on the cards. While it holds and trades below its cluster of resistance zone at 1.5371/83, its outlook remains lower. Support lies at the 1.5250 level where a break will turn attention to the 1.5300 level...
Analytics & Forecasts
  • 36
FXTechstrategy Team, 26 October 2015, 14:20
On Monday the dollar was broadly lower, as markets paused after the greenback's broad rally sparked late last week by signs of potential easing in the euro zone and a surprise rate cut in China...
Currency
  • 1475
  • 1
News, 26 October 2015, 13:42 #Mario Draghi, FOMC, usd/jpy
Near-term forecasts for the GBP to USD exchange rate suggests support is fast approaching. The British pound has been in retreat against the US dollar over the past 3 trading days ensuring those with an interest in the attainment of an October best at 1.60 and above have been thwarted...
Forecasts
  • 3044
  • 1
  • 29
Mirko Cerulli, 26 October 2015, 13:40 #fundamental analysis
Skandinaviska Enskilda Banken made intraday technical forecast for EUR/USD pair estimated new support level around 1.08 with stop loss at about 1.15: "With additional selling on Friday prices broke and closed below the March support line, the floor of the large bear flag...
Forecasts
  • 2119
  • 1
  • 1
Sergey Golubev, 26 October 2015, 13:11 #technical analysis
Chinese premier Li Keqiang said China's authorities will not “defend to the death” its goal of 7% economic growth this year, a day after Beijing surprised markets by cutting interest rates for the sixth time in 12 months...
Events
  • 685
  • 1
Anton Voropaev, 26 October 2015, 12:51 #GDP, China
Trading recommendations and Technical Analysis – HERE! Despite the fact that the current week will be largely due to the remarkable number of scheduled economic news, the main the attention of the financial markets will be focused on the Fed's next meeting, to be held October 27-28...
Analytics & Forecasts
  • 44
PCM-Brokers, 26 October 2015, 12:34 #forex
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EURUSD: We are struggling to see value in shorts at current levels. Sell at 1.1060, adding at 1.1085, with a stop at 1.1110...
Analytics & Forecasts
  • 38
Vasilii Apostolidi, 26 October 2015, 12:34 #usd/jpy