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On Wednesday gold edged up as the dollar took a breather after recent gains and as financial markets were jittery regarding Greece's future in the euro zone...
Metals
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News, 11 February 2015, 09:40 #silver, metals, Fed
The AceTrader Team shares that as long as USD/CHF holds above 0.9176, the pair remains a buy on dips towards 0.9313. Key Quotes “Despite dlr's retreat fm last Mon's 0.9347, as long as 0.9167 (prev. res) holds, outlook remains supportive for further headway to 0.9446, being 61...
Trading Ideas
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Andrius Kulvinskas, 11 February 2015, 09:16
Chinese telecom device maker Huawei announced in Xi'an that the company has completed the construction of a network functions virtualization open lab with an initial investment of over USD5 million...
Events
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BlondieNews, 11 February 2015, 09:11
The eFXnews Team shares Barclays' view that Friday’s speech of RBA Governor Stevens' speech is likely to be dovish, raising the prospects of a further rate cut by the central bank...
Forecasts
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Andrius Kulvinskas, 11 February 2015, 09:08
On Wednesday Brent crude was stable above $56 a barrel. U.S. crude climbed more than $1, after a smaller-than-expected rise in U.S. crude stocks was viewed by some as a sign that a supply surplus was starting to decline...
Crude Oil
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News, 11 February 2015, 08:59 #OPEC, Brent, crude oil
The tech giant has become the first company to reach a market value of $US700 billion, as news of its gains in the smartphone market and soon-to-arrive smartwatch boosted its shares...
Company News
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News, 11 February 2015, 08:32
Analysts at Danske Bank, explain that leading indicators suggest that growth in euro area is picking up. Key Quotes “In the euro area, leading indicators across the board suggest that growth is picking up.” “The OECD leading indicator has improved for several months...
Market News
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Andrius Kulvinskas, 11 February 2015, 08:12
USD/JPY maintained its upside momentum in the European morning and wavered near fresh monthly highs after upbeat US jobs data continues to support the greenback. USD/JPY eyes 120 mark Currently, the USD/JPY traded higher by 0.11% at 119...
Currency
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Andrius Kulvinskas, 11 February 2015, 07:57 #usd/jpy
For today R4 - 0.7942 / R3 - 0.7907 / R2 - 0.7877 / R1 - 0.7842 SPOT 0.7777 S1 - 0.7723 / S2 - 0.7665 / S3 - 0.7627 / S4 - 0.7580 LONG AT .7773 FOR .7942, STOP AT .7723...
My Trading
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Andrius Kulvinskas, 11 February 2015, 07:50 #resistance, support
On Wednesday the Aussie dollar traded nearly flat in Asia on a mix of upbeat housing data and consumer sentiment but as investors focused on Greece, and China data ahead...
Currency
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News, 11 February 2015, 07:45 #RBA, usd/jpy, forex news
“USD/JPY has broken higher from its converging range and despite strong overhead resistance we will simply go with this break”, notes Commerzbank Analyst, Karen Jones in her report...
Analytics & Forecasts
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Andrius Kulvinskas, 11 February 2015, 07:37 #usd/jpy
Karen Jones, Head of Technical Analysis at Commerzbank, gives the technical setup for EUR/CHF and USD/CHF. Key Quotes “EUR/CHF last week rallied to, tested and held below the 1.0600/70 region – this is the 61.8% retracement of the sell off.” “It is increasingly likely that 1.0670 (61...
Analytics & Forecasts
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Andrius Kulvinskas, 11 February 2015, 07:31
Oliver Harvey, Macro strategist at Deutsche Bank, reviews the G10 currencies based on technical measurements to determine which one are the most favourable to trade, noting that while AUD/USD is the most trending currency, the pair appears very stretched from both RSI and RR measures...
Analytics & Forecasts
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Andrius Kulvinskas, 11 February 2015, 07:28
Gold prices on Comex advanced amid thin Asian demand, rebounding from near one month-lows reached in the previous session, as traders continue to speculate over Greece’s future. Stuck below 200-DMA Currently, gold trades higher by 0.41% at 1237.30 levels, having posted daily lows at 1233...
Metals
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Andrius Kulvinskas, 11 February 2015, 07:25 #gold
Analysts at Kshitij Consultancyshare the technical outlook for AUD/USD. Key Quotes “As it turns out, the intra-day Resistance at 0.7842 mentioned yesterday on the Aussie (0.7775) held well possibly reinforcing the overall downtrend.” “Layers of Resistances coming up overhead now (0.7842, 0...
Forecasts
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Andrius Kulvinskas, 11 February 2015, 07:23
Talking Points: USD/JPY Technical Strategy: Flat Support: 118.96, 118.10, 116.76 Resistance: 120.82, 121.91, 123.88 The US Dollar may be readying to resume its advance against the Japanese Yen after prices cleared resistance at the top of a two-month-old Triangle pattern...
Analytics & Forecasts
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Costache Constantin Razvan, 11 February 2015, 07:23
Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5171, 1.4980, 1.4750 Resistance: 1.5322, 1.5551, 1.5737 The British Pound is consolidating after retreating from resistance at the top of a falling channel guiding the down trend against the US Dollar since mid-September...
Analytics & Forecasts
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Costache Constantin Razvan, 11 February 2015, 07:20
Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1318, 1.1185, 1.0970 Resistance:1.1533, 1.1659, 1.1832 The Euro is stalling after rising against the US Dollar as expected having produced a bullish Morning Star candlestick pattern. Near-term support is at 1.1318, the 14...
Analytics & Forecasts
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Costache Constantin Razvan, 11 February 2015, 07:18
The relative strength index or RSI is probably the most popular oscillator used by the FX trading community. It was developed by J. Welles Wilder Jr. to gage the strength or momentum of a currency pair...
Trading Systems
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Sergey Golubev, 11 February 2015, 06:11 #Trading Strategies
Ross William Ulbricht, 30, founded Silk Road, which became the internet’s largest black market. Authorities estimated $1.2 billion in sales were made on the site before it was shut down. The homepage to Silk Road 2...
Currency
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BlondieNews, 11 February 2015, 03:11 #bitcoin