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Calculated level for today: Support (S1 / S2 / S3 = 38,82 / 49 / 37.95) and resistance (R1 / R2 / R3 = 39,8 / 40,22 / 75). Key resistance levels (1st from 40.03 to 39.21 at the end of the day, the 2nd of 40.23 to 39.98...
THE US CENTRAL BANK IS NOT ANTICIPATED TO HIKE RATES OPTING INSTEAD TO MAKE USE OF RHETORIC AND FORECASTS Central banks around the world are running out of options to boost growth. The European Central Bank (ECB) over delivered last week in a better than expected easing monetary policy action...
The USDJPY continues to fall after the retail sales disappoint. The control group which feeds into the GDP saw the number come in at 0.0% vs +0.2%. The revision shaved a healthy amount off of the January number (from +0.6% to +0.2%). What was a great start to 2016 (+0...
The EUR/USD has opened Tuesday’s trading moving inside of a 53-pip range. Despite today’s US Advanced Retail Sales figures posting better than expected at -0...
This year, the world’s billionaires clocked in an aggregate net worth of $6.48 trillion, according to the Forbes Billionaires list released this month, with the usual suspects topping the list – including Bill Gates ($75 billion), Inditex ITX, -0...
Buying the Swiss franc may be the best hedge against the United Kingdom voting to quit the European Union (EU), according to HSBC — but not everybody agrees. The British bank said the Swiss currency would likely rally strongly on a "Brexit," but would not weaken if the U.K...
A result of a long position in #EURUSD was fixed on a signal of the red Alligator's line crossing i.e. with a profit. Then we went short on a breakthrough of a fractal down at 1.1077. Find out more by checking out the Source Link...
A result of a long position in #USDJPY was fixed with a small loss. Here we have already opened a new order to sale in accordance with the System rules. Currently it brings a slight #profit. Find out more by checking out the Source Link...
GBPUSD: The pair followed through lower on the back of its Monday losses on Tuesday. This development leaves GBPUSD threatening further downside pressure in the days ahead. On the downside, support lies at the 1.4250 level where a break will turn attention to the 1.4200 level...
The Bank of Japan, last night decided to leave their current stimulus plan unchanged, in addition to the current benchmark rate at -0.10%. The members votes 8-1 to keep the current stimulus package at ¥80 trillion. The members also voted 7-2 to keep the benchmark rate unchanged...
The technical picture in #GPBUSD shows a cluster of support and resistance levels. On the one hand the short-term trend is upward, and on the other hand recently #quotes have tested the resistance line of the medium-term trend and then a downward correction started...
Quotes of #Gold have left borders of a rising price channel. This breakthrough has provoked an activation of protective stop orders, and it rapidly led the price to a support line of a larger order trend. Find out more by checking out the Source Link...
Technical Analysis of USD/CHF for March 15, 2016 USD/CHF is expected to trade in a higher range as a technical rebound is expected. The pair is slightly turning up, and is likely to challenge the resistance at 0.9895 in the coming trading hours. A strong support base around 0...
Technical Analysis of NZD/USD for March 15, 2016 NZD/USD is under pressure. The pair clearly reversed down, and is now expected to challenge its support at 0.6615 in sight. The falling 20-period and 50-period moving averages play resistance roles, and should continue to push the prices lower...
Technical Analysis of GBP/JPY for March 15, 2016 GBP/JPY is expected to trade in a lower range as key resistance is set at 162.80. The pair remains under pressure below its nearest resistance at 1.3315, and is likely to post a new decline...
Technical Analysis of EUR/JPY for March 15, 2016 After forming a double bottom near 122.50, EUR/JPY started to move higher towards higher highs and higher lows. While growing, the price broke above the strong technical and psychological resistance at 125.00. Also, the pair broke above 1...
Technical Analysis of EUR/GBP for March 15, 2016 On March 10, after the news release, EUR/GBP sharply surged, breaking above the descending channel. The rise stopped, once the price tested the strong support level of 0.7835 (R2), which is 23.6% Fibonacci applied to the channel breakout point...
Brent Oil Slides, Eyes 100-DMA Support Oil benchmarks are being offered, with Brent now trading well below hourly 200-MA and appears on track to test 100-DMA support at $38.40 levels. Brent down 2% Futures currently trade 2% lower on the day around $38.75/barrel...
