All Blogs

To add a new post, please log in or register
Crude Oil Jumps Above $36 As Rally Gathers Momentum Crude oil futures continued to rise Monday morning after a deal to freeze output from a number of major producers...
Crude Oil
  • 116
  • 1
Roberto Jacobs, 7 March 2016, 15:28 #crude oil
The Bank of Canada should remain in a wait-and-see mode on Wednesday despite risks to the growth outlook remaining to the downside, says BNP Paribas...
Analytics & Forecasts
  • 41
Vasilii Apostolidi, 7 March 2016, 15:26 #usd/cad
Bullish Oil Bets Rise to New Record High Weekly futures and options data from InterContinental Exchange released today showed money managers increased their bullish bets on higher oil price to a new record...
Crude Oil
  • 77
  • 1
Roberto Jacobs, 7 March 2016, 15:25
According to our economists, the February average hourly earnings data were likely impacted by calendar effects that boosted January average hourly earnings and biased February wage growth lower...
Analytics & Forecasts
  • 34
Vasilii Apostolidi, 7 March 2016, 15:25 #forex
EUR/USD Unable to Pick-up Pace EUR/USD made a tepid attempt to recover ground but failed to gather momentum and remained capped by the 1.0975 zone. EUR/USD retreated from Friday's peak and steadied around the 1.0950 level as investors continue to digest US employment data...
Currency
  • 121
  • 1
Roberto Jacobs, 7 March 2016, 15:22
Our long position in #EURUSD from 1.0962 is in the market, at least for now. But the pair is declining, and the position may be closed soon. In any case, any possible development will not be a surprise for us. Find out more by checking out the Source Link...
AUD/USD Regains 0.7400 and Above The buying interest seems to have now returned to the Aussie dollar, sending AUD/USD through the 0.7400 handle. AUD/USD supported near 0.7390 Spot is extending last week’s strong rebound from the 0...
Currency
  • 76
  • 1
Roberto Jacobs, 7 March 2016, 15:19
A long position in #USDJPY was closed with a loss on the red Alligator's line crossing. At the moment, we have two pending breakthrough orders. Overcoming of any of them will involve us to a new trading position. Find out more by checking out the Source Link...
EUR/JPY Off Lows, but on a Back Foot The EUR/JPY recovered from the daily low of 124.24 levels, but remains weak on the day around 124.47 (23.6% of 132.29-122.06). Weak stocks weigh European stocks are down almost 1% on the day and that is keeping the bid tone around the safe haven JPY intact...
Currency
  • 72
  • 2
Roberto Jacobs, 7 March 2016, 14:53
Gold Analysis for March 07, 2016 Overview : Since our last analysis, gold has been trading upwards. As I expected, the price tested the level of $1,279.67. Anyway, in the daily time frame, I found a a supply bar (up thrust), which is a sign of weakness. Intraday buying at this stage looks risky...
Analytics & Forecasts
  • 99
  • 2
Roberto Jacobs, 7 March 2016, 14:50 #gold
USD/CAD Intraday Technical Levels and Trading Recommendations for March 7, 2016 A bullish breakout above the previous consolidation zone between 1.2400 and 1.2800 was performed on July 15 (shown on the weekly chart). A significant bearish rejection was observed around 1.3450...
Analytics & Forecasts
  • 79
  • 2
Roberto Jacobs, 7 March 2016, 14:44
Dear Friends, This week we have below high impact news schedule which may be tradable. Wednesday, March – 9, 2016...
Analytics & Forecasts
  • 72
  • 2
Pankaj D Costa, 7 March 2016, 13:56
Traders are treading cautiously this Monday morning after a rather clouding Non-farm Payrolls report and the Chinese National People’s Congress over the weekend set out a growth rate of 6.5% to 7.0% for the next year. Wall Street closing higher (S&P 500 up 0...
Analytics & Forecasts
  • 61
  • 1
Francis Dogbe, 7 March 2016, 13:25 #Trading
Dear Traders, We welcome you to a new trading week. Before coming to this week's main risk event - the European Central Bank meeting on Thursday - let us briefly look back at last Friday's Non-Farm Payrolls report...
Analytics & Forecasts
  • 103
maimarfx, 7 March 2016, 13:21 #ECB, EUR/USD
EURGBP- The cross took back all of its previous week gains to close lower the past week. This development leaves risk lower in the new week. Support comes in at 0.7700 level. Further down, support lies at the 0.7650 level where a violation will turn focus to the 0.7600 level...
Analytics & Forecasts
  • 64
FXTechstrategy Team, 7 March 2016, 12:57
Results of PIVBOLL Entry in EURJPY : 3 Positon of Sell 1: +451 PIP 2: +264 PIP 3: + 100 PIP...
Analytics & Forecasts
  • 81
  • 1
Ali Mohammadi, 7 March 2016, 12:53
Pre US Open, Daily Technical Analysis Monday, March 07, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1000 Most Likely Scenario: short positions below 1...
Charts
  • 115
  • 2
Mohammed Abdulwadud Soubra, 7 March 2016, 12:24
Pivot Points Hourly Last Updated: Mar 7, 2:03 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.09358 1.09445 1.09482 1.09532 1.09569 1.09619 1.09706 USD/JPY 113.176 113.32 113.394 113.464 113.538 113.608 113.752 GBP/USD 1.41056 1.41243 1.41332 1.4143 1.41519 1.41617 1.41804 USD/CHF 0.99703 0...
Market News
  • 60
Mohammed Abdulwadud Soubra, 7 March 2016, 12:04
07 March 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:10 MPC Member Haldane Speech GBP Med. - - Dovish All Day Eurogroup Meetings EUR Med. - - Neutral 18:00 FOMC Member Brainard Speech USD Med...
Amid the pessimistic influence of the U.S. labor market data, the dollar dipped significantly. For #GBPUSD this meant achieving of the 50% retracement level of the latest wave of decline 4-29 February. The current movement is developing within the upward channel...
Analytics & Forecasts
  • 73
Vistabrokers CIF Ltd, 7 March 2016, 11:44 #Trading