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We have closed an order to sale #USDJPY with a #profit. As a result of further upward movement, the fractal was crossed upwards, and it involved us to the buy order. Find out more by checking out the Source Link...
We ask one of the leading Canadian dollar technical analysts where he sees the CAD going against the euro, US dollar and British pound. The Canadian dollar has been on a tear higher lately, buoyed by the strong fundamental underpinning provided by a recovery in oil prices...
Both a Donald Trump and Hillary Clinton victory in the November election are keeping the US dollar under pressure argues a prominent currency analyst. The US dollar is already weakening on the back of political risk argue BMO Capital Markets in their latest forecast note on the US dollar...
Had the Nationalists won the Scottish indepence debate the country would be declaring independence around about now. Economically, what has changed and how will it influence the debate going forward? In the event of a Brexit Scotland would probably be justified in calling their own referendum...
Dear Friends, Global Trends 2016 Report has been published for all clients. Now you can get this report (31 Pages). Please see the below message which brought to you from www.hotforex...
Analysis : Inverse Head and Shoulders identified at 23-Mar-10:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.311 within the next 8 hours. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
Almost two weeks ago the European Central Bank stated clearly that scope for further rate cuts was very limited...
Some particularly sensitive bulls heard the alarm bell when #Gold today went below the support line of the current medium-term uptrend. It is recommended to stay out of the market until the #quotes leave the range of 1226.55-1271.38. Find out more by checking out the Source Link...
We should note a downward momentum of #GPBUSD after yesterday's terrorist attacks in #Brussels. Due to this and other fundamental factors, soon we may witness the testing of the short-term uptrend support line. Find out more by checking out the Source Link...
EUR/USD: Change to Neutral: Bullish phase ended, in a broad 1.1120/1.1375 range now. The break below 1.1200 yesterday was not surprising and indicates that the bullish EUR phase that started on the 11 Mar has ended...
The federal government released its 2016 budget today. The fiscal deficit for FY2016-17 is expected at C$29.4bn (1.5% of GDP), roughly in line with expectations, and at C$29.0bn (1.5% of GDP) for FY2017-18...
USDX Technical Analysis for March 23, 2016 The Dollar index showed renewed strength yesterday and broke out of the short-term bearish channel. Is it a trend reversal? The decline has an overlapping structure which implies we are in a corrective phase...
Gold Technical Analysis for March 23, 2016 Despite an early breakout above the short-term resistance in Gold price, sellers pushed prices below support canceling the bullish scenario for a new high towards $1,300. As we said in our previous analysis, a rise from $1,045 can be completed...
The strongest signals this week from Danske's FX Scorecard are long AUD/JPY, long USD/JPY, and long EUR/JPY. * Danske Bank (formerly Northern Bank) is a commercial bank in Northern Ireland...
Dear Valued Clients, Please be aware that Daylight Saving Time (DST) in Europe commences from the 25th March 2016. This change is over the Easter weekend which will also affect trading. Discover more about New Trading hours on our website...
There is no trade call today. The London session is again relatively light and may see low volatility. Current Sentiment: The Asian session was again light with a lack of data. FX trading has been rangebound. WTI is down nearly $1 from yesterday’s highs as the API inventory showed a build...
European Economics Preview: Swiss ZEW Economic Sentiment Data Due Economic confidence and economic forecast reports from Switzerland are due on Wednesday, headlining a light day for the European economic news. At 3...
Fitch Says China Banks Profitability Pressures To Continue Fitch Ratings said major Chinese banks' are likely to see subdued earnings growth in 2016, underscoring its negative sector outlook. Chinese bank's results for 2015 are set to be released next week...
EUR/USD: Higher Still on Valuation as ECB Gives Up its Euro Fight – Danske Bank Christin Tuxen, Senior Analyst at Danske Bank, suggests that the US data have started to surprise on the upside while that out of Europe continues to disappoint...
