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Daily Forecast GBPUSD 19/3/2016 In our daily chart, we are witnessing the price rebounding caused by a bullish divergence. If the support turns into resistance, a grow up is expected by the pair. Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
On the daily chart, the price is within the wolfi waves harmonic pattern range. We are expecting to have a surge if the demand fuels up across the market...
The dollar has taken a surprisingly big stumble in recent weeks, prompting traders to ask: What’s really driving the selloff? The answer some are coming up with smacks of conspiracy theory...
European Central Bank officials are treading a tortuous path on future interest-rate cuts, signaling they probably won't push rates further below zero--but still leaving wide open the possibility that they might...
USD/CAD Retail Sentiment in Focus Ahead of Canada Budget Talking Points: - USD/CAD Retail Sentiment Hits Fresh Near-Term Extremes Ahead of Canada Budget. - USDOLLAR Outlook Remains Mired by Waning Bets for Fed Rate-Hikes; August Low in Focus. USD/CAD...
The AUD/USD continued to soar Thursday/Friday, reaching a nine-month high on the back of the U.S. Federal Reserve’s dovish comments about interest rates. To recap, the Fed held interest rates steady on Thursday in a widely expected move...
GBP/JPY Recovers but Still Down for the Week The pound is recovering across the board for the second day in a row and versus the yen continues to move off 2-week lows that reached on Thursday. GBP/JPY climbed recently to 161.77, reaching the highest level since Tuesday...
WTI Off Highs, Still Above $40.00 Crude oil prices are extending the rally today, posting fresh multi-month peaks above the $41.00 mark, albeit deflating a tad afterwards. WTI in fresh 2016 highs The barrel of West Texas Intermediate has managed to advance beyond the $41...
Belgium Consumer Confidence At 5-month Low Belgium's consumer confidence deteriorated for a third straight month to its lowest level in five months, survey data from the National Bank of Belgium showed Friday. The consumer confidence index dropped to -7 from -5 in February...
U.S. Consumer Sentiment Unexpectedly Drops To Five-Month Low In March Consumer sentiment in the U.S. has unexpectedly fallen to a five-month low in the month of March, the University of Michigan revealed in a report on Friday...
Dollar Slides Versus Most Majors Ahead Of Consumer Sentiment Index The University of Michigan is scheduled to release its preliminary consumer sentiment index for March at 10 am ET Friday. Economists expect the index to rise to 92.2 from 91...
Canadian Dollar Extends Rally After Strong Retail Sales Data The Canadian dollar extended its early advance against the other major currencies in European deals on Friday, as Canadian retail sales accelerated at a faster pace in January...
Gold Recovers from 5-DMA Support Gold found support at 5-DMA level of $1247.87, but remains weak on the day around $1252.45 levels amid minor recovery in the USD index and moderate gains in the US stocks. Is Gold unimpressed by dovish Fed...
USD/JPY Extends Gains Ahead of Fed Speak The US dollar stays on a front foot against Japanese Yen, pushing USD/JPY higher to 11.60 levels ahead of speeches from Fed’s Rosengren and Dudley...
Three months since the U.S. lifted a 40-year ban on oil exports, American crude is flowing to virtually every corner of the market and reshaping the world’s energy map. Overseas sales, which started on Dec. 31 with a small cargo aboard the Theo T tanker, have been picking up speed...
EUR/USD Attempts a Tepid Bounce to 1.1300 The single currency is trimming earlier losses vs. the dollar, now pushing EUR/USD back to the area of 1.1290/1.1300 ahead of US data...
GBP/USD Attempting Break Above 1.45 GBP/USD turned positive and is now attempting to break above 1.45 handle after BOE’s quarterly bulletin informed markets about UK economy’s resilience to China slowdown...
EUR/NZD Analysis for March 18th, 2016 Overview: Recently, EUR/NZD has been moving downwards. The price tested the level of 1.6590. In the H4 time frame, I found support level at the price of 1.6500, which is successfully held...
Gold Analysis for March 18, 2016 View : Since our last analysis, gold has been trading downwards. The price tested the level of $1,253.45. Strong resistance level is set at the price of $1,282.80...
