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EUR/USD Hits 7-Week Highs EUR/USD gained momentum after the beginning of the American session and climbed to 1.1364, hitting the strongest level since February 11. The rally stopped just a few pips below 2016 highs that were reached at 1.1375...
WTI Eyes $40.00 on EIA Report The barrel of West Texas Intermediate is advancing further on Wednesday, currently up more than 3% and posting daily highs near $39.80. WTI up post-EIA report Prices for the barrel of American light sweet crude have ticked higher after inventories have increased by 2...
Traders build profits by identifying market inefficiencies through technical or fundamental analysis and taking risk at the most opportune time. It’s one of the few pursuits in which consistent losing is the natural component of a winning equation...
In March, meetings of the G-20, the Chinese National People’s Congress, and multiple think tanks all reflected a growing awareness of the risks to the global economy posed by deflation and intensifying financial instability...
The EURUSD has come off the highs in the last few minutes of trading. The pair had been testing key trend line resistance at the 1.1326 area and the high price from March 17 and 18 at the 1.1336 and 1.13418 levels respectively (see video on the EURUSD from yesterday...
Changes in exchange rates directly affect import prices. Since the beginning of 2014, the U.S. dollar has strengthened by 17 percent against the currencies of its major trading partners while import prices have fallen by 4 percent...
We have been witnessing serious Elliot waves going on GBPJPY on the downward trend, and a complete full cycle of 1,2,3,4,5 waves and A,B,C corrective waves has been formed...
We are still in the market with the long position in #GPBUSD, which brings us more than 100 points of floating #profit. The red Alligator's line position shows that if the market reverses, we will likely to fix this profit. Find out more by checking out the Source Link...
Our order to buy #EURUSD brings us a large floating #profit (at the time of writing the pair is at 1.1315). We have added volume to the position based on some System signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Analysis : Channel Up identified at 30-Mar-02:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.419 within the next 14 hours. Supporting Indicators : RSI above 60 Resistance Levels...
The Dollar pushed higher against the other major currencies on Wednesday, even after data showed that US new home sales rose less than forecast in February and as hawkish comments by several Federal Reserve members continued to support the greenback...
USD/CHF Trade Idea Major support – 0.9630 (trend line joining 0.91136 and 0.9257) The pair has broken minor support 0.9680 and declined till 0.96432 at the time of writing. It is currently trading around 0.96516. Short term trend is slightly bullish as long as support 0.9630 holds...
U.S. Treasury Climbs on Fed Interest Rate Caution The U.S. sovereign bonds price rallied on Wednesday, pushing the yield on the benchmark 10-year Treasury note to a 1-month low, as investors cheered Federal Reserve Chairwoman Janet Yellen’s cautious stance in raising interest rates...
Yellen Added Fresh Fuel to the Dollar’s Correction - BBH Research Team at BBH, notes that the Yellen came across very dovish in her speech yesterday as she mentioned the need for "gradual" rate hikes numerous times...
Dovish Yellen Reignited Positive Sentiment in the Market - Rabobank Piotr Matys, EM FX Strategist at Rabobank, notes that the dovish comments from Federal Reserve Chair Janet Yellen reignited positive sentiment in the market...
German CPI Preview: What to Expect of EUR/USD? The bid tone surrounding the EUR/USD pair weakened a bit over the last hours as the broad US dollar selling stalled. Although the prices kept range and now consolidates the upside around 1.1320 ahead of key macro releases from both continents...
US: Focus will be on the ADP Employment – Deutsche Bank Research Team at Deutsche Bank, suggests that in the US the focus will be on the ADP employment change reading for March as a prelude for the Friday employment report, with market expectations currently sitting at 195k...
Gold Surrenders Gains, Flirts with Hourly 200-MA Gold is threatening to drop below hourly 200-MA level of $1236.57 ahead of the data in the US, which could show private sector employment growth slowed in February. Gold to snap two-day winning streak...
