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The result of the long position in #Gold was fixed on a signal of one of the bars closure under the red Alligator's line. Currently, we are out of the market, but have pending orders. Find out more by checking out the Source Link...
Calculated level for today: Support (S1 / S2 / S3 = 1247,17 / 1238,99 / 1225,76), resistance (R1 / R2 / R3 = 1273,43 / 1281,49 / 1295,04). Key resistance levels (1st from 1255.01 to 1259.77 at the end of the day, the 2nd ox 1255.78 to 1262.22...
Dear Traders, The euro gave up some of its gains on Friday but the decline has been stopped above the current support zone at 1.1050-70. Further upward momentum is still possible in case the euro breaks significantly above 1.1180 and further 1.1220. Next resistances are seen at 1.1245 and 1.13...
Calculated level for today: Support (S1 / S2 / S3 = 40,38 / 15 / 39.45) and resistance (R1 / R2 / R3 = 41,13 / 36/73). Key resistance levels (1st from 40.58 to 40.63 at the end of the day, the 2nd of 40.59 to 40.70...
An analysis of the week ahead for GBP/CAD, including forecasts. The Pound-to-Canadian Dollar chart is showing there is probably a 66% chance the week ahead will close lower than the level at which it opened...
A technical picture in #GPBUSD may lead to a powerful movement in the pair in the near future. It is recommended to place a pending order on a breakthrough of the Friday's high with a target of 1.4665. Find out more by checking out the Source Link...
Despite the pessimistic employment data in Canada, the loonie has significantly strengthened against the U.S. dollar. Thereby #USDCAD fixed the 8th in a row weekly closure in the red zone. Find out more by checking out the Source Link...
A look at the the week ahead for the EUR/USD pair. The euro could be vulnerable to external threats next week, particularly if risk sentiment continues pulsing higher, as several analysts from large banks including HSBC and Bank of America (BofA) are forecasting...
*Morgan Stanley — a major American Bank holding company belonging to the group of financial conglomerates. Based in new York. Owns the largest business brokerage in the world. Morgan Stanley was ranked 82-th place in the list of the largest companies in the U.S. Fortune 500 for the year 2015...
After forming a bullish reversal day last Thursday, EUR/USD ended the week forming a bullish reversal week reinforcing the case that a base is firmly in place, notes Credit Suisse. "We look for further strength towards gap and 78.6% retracement resistance spanning from 1.1230 to 1.1256/59...
Canadian Dollar Edges Down Against Most Majors The Canadian dollar weakened against most major currencies in the early European session on Monday. The Canadian dollar fell to 1.3256 against the U.S. dollar and 1.4795 against the euro, from early highs of 1.3211 and 1.4720, respectively...
EUR/USD on the Back Foot on Signs of Risk-on in Equities The EUR/USD now trades largely unchanged on the day as signs of risk-on the European equity futures strengthened offered tone around the funding currency EUR. Rejected at 23.6% Fibo The spot was offered after it failed to sustain above 1...
Euroland Strategy: Debating the ECB delivery – Deutsche Bank Research Team at Deutsche Bank, suggests that the package of ECB policy measures announced at the March meeting was at the upper end of their and arguably consensus expectations...
Brent Testing Bids Around $40 handle Brent prices dropped in Asia and extended losses in early Europe after Iran news reduced probability of joint production freeze. Futures currently hover just above $40/barrel levels...
There is not trade call for the session. Risk appetite was witnessed during Asian trade, following on from last week’s positive sentiment boosted by ECB easing. Equities moved higher which helped AUDJPY rally 60 pips before falling to fresh lows...
Technical Analysis of EUR/JPY for March 14, 2016 General overview for 14/03/2016: There is one more wave to be completed in the recent bullish impulsive rally before any meaningful correction will take place. The projected target level for wave 5 purple is at the level of 127...
Dust has not settled yet after the #ECB meeting, but the new week starts, and during it 4 central banks will hold their meetings too. The #Fed is, of course, in focus, but traders will look forward to other meetings too. Find out more by checking out the Source Link...
Technical Analysis of USD/CAD for March 14, 2016 General overview for 14/03/2016: A building bullish divergence between the price and the momentum oscillator indicates the rebound in price action in order to complete the wave (b) blue. The projected target for wave (b) is seen at the level of 1...
Short NZD/USD, short GBP/USD, and long AUD/USD are the latest strong FX signals from Societe Generale's Combined Momentum and IR-Driven models. (Source: SG™, eFXplus™) - First recorded on 'eFXplus Quant' on Thurs 3/10 at 03:25 PM ET. *Société Générale S.A...
