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USD/CAD: ranging breakdown. The pair is on breakdown crossed Senkou Span line which is border between the primary bullish and the primary bearish on the chart. Price is located inside Ichimoku cloud in the ranging area within the following key support/resistance levels: 1...
Official data showed earlier that U.K. retail sales declined month-on-month in October, although shops continue to reduce prices. The pound was little changed after the data release...
About: Averages, and the way they are compared and calculated make up a large amount of the indicators out there, so the fun thing about new averages, is how they open up a whole new group of indicators. Usage: This is Laguerre RSI...
The shared currency traded higher on Thursday after the European Central Bank’s chief economist dropped a strong hint that monetary policy will indeed be eased next month...
indicator waves This indicator takes market volume and organizes it into wave charts, clearly highlighting inflection points and regions of supply/demand. Try tuning this for your instrument (Forex not supported) by adjusting the "Trend Detection Length". This "clubs together" minor waves...
On Thursday the Swiss currency traded higher after official data showed that Switzerland’s trade balance rose more-than-expected last month...
UK Retail Sales is due during the London session (9:30am GMT). A deviation from expectations will likely see a move in sterling. We will be looking to sell against the USD on a negative reading, or buy against the EUR, NZD or CHF on a positive reading...
The Bank of Japan kept its monetary policy unchanged Thursday even as the country’s exports, hurt by a weakening demand in China, fell for the first time in over a year...
Goldman Sachs made a forecast for EUR/USD related to Fed December meetings: "Given that the beginning of 2016 is likely to bring renewed vigour to risk-taking, we think it is perfectly possible for EUR/$ to reach 0.95 – our 12-month forecast – by end-March...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0702. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0668. The selling zone starts from this level...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5268. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5241. Selling zone below this level. GBPUSD could be sold at any levels below 1.5241...
The minutes of the latest Federal Open Market Committee meeting released on Wednesday showed a wide support for the decision to include a reference to the next meeting in the statement. However, members generally agreed it was prudent to wait to hike rates until it had more information...
On Thursday the yen gained in Asia as the the trade balance slid into positive territory and market players looked ahead to the Bank of Japan's latest policy views...
United Overseas Bank made a forecast for EUR/USD telling that the price will be closed on intermediate low: "The quick rebound from the overnight low of 1.0615 suggests that EUR/USD is likely close to making an interim low." Let's evaluate intra-day situation from the technical point of voew...
EUR/JPY: weekly breakdown. This pair is on bearish market condition located near and below Ichimoku cloud in the primary bearish area of the chart. The price is ranging within the following key reversal support/resistance levels: 141...
GOLD: The commodity halted its weakness to close slightly lower on a rejection candle on Wednesday. This development has left GOLD targeting further recovery higher possibly towards the 1085.11 level. It was seen heading higher during early Thursday trading session...
The Reserve Bank of Australia said its currency’s place as a global store of value will not be endangered after China's yuan enters International Monetary Fund reserves. Moreover, official data has indicated that the Aussie reserves rise as the currency slides...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/GBP, AUD/USD, and USD/CAD. EUR/USD: We remain bearish EURUSD and would sell rallies towards 1.0670/1.0700, with a stop above 1.0714, targeting 1.0570. EUR/GBP: Look to sell rallies up to 0.7045/50...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by the break below initial targets near 1.0660. Our next targets are towards 1...
