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Pre US Open, Daily Technical Analysis Monday, February 01, 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: key resistance at 1.0885. Pivot: 1.0885 Most Likely Scenario: short positions below 1...
Dear Traders, We welcome you to the trading month of February. We look back on a successful first trading month of the year and given investors' increased risk appetite we expect the currency market to remain volatile, providing traders new profitable opportunities - Let's wait and see...
A strong upward momentum of #USDJPY after the last #BOJ meeting brought #quotations to the area of the half month high. Meanwhile, sentiment still remains very bullish. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Stabilization in #stock markets somewhat weakened the position of the U.S. #dollar. For #GPBUSD this resulted in the achievement of the Fibo retracement level of 38.2% of the last wave of decline in December - January. Find out more by checking out the Source Link...
EUR/USD: Neutral: Weak undertone but only daily closing below 1.0775/80 would indicate start of bearish phase. While the rapid and sharp drop last Friday was unexpected, we are not convinced that the current movement is the start of a sustained down-move in EUR/USD...
Pivot Points - Hourly Last Updated: Feb 1, 1:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08156 1.08334 1.08449 1.08512 1.08627 1.0869 1.08868 USD/JPY 120.909 121.048 121.102 121.187 121.241 121.326 121.465 GBP/USD 1.41208 1.41944 1.42191 1.4268 1.42927 1.43416 1.44152 USD/CHF 1.0175 1...
Pivot Points - Monthly (Feb 2016) Last Updated: Feb 1, 12:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.02932 1.05671 1.06986 1.0841 1.09725 1.11149 1.13888 USD/JPY 108.215 113.933 117.623 119.651 123.341 125.369 131.087 GBP/USD 1.29065 1.36434 1.39457 1.43803 1.46826 1.51172 1...
New month, new paradigm January felt like a very long month for most involved with markets, given the continued worries regarding China and the volatility seen in many asset markets...
01 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:00 Final Manufacturing PMI EUR Med. 52.3 52.3 Neutral 09:30 Manufacturing PMI GBP High 51.9 51.8 Negative 13:30 Core PCE Price Index m/m USD Med. 0.1% 0...
#Copper fell to the 1-week low after the publication of the weak data on #business activity in the manufacturing sector of China. In January the #metal has lost 3% on worries related to the second world's largest #economy. Find out more by checking out the Source Link...
There is no trade call for the session as Chinese PMI’s didn’t offer a probable opportunity, and Asian equities have started the week mixed giving no clear risk sentiment. We will wait for clear sentiment developments, or high impact macro data...
This week the key #event will be the release of the employment data in the United States, scheduled for Friday. #Traders will look forward to see this statistic to understand whether the U.S. economy is ready for new stages of the rate hike. Find out more by checking out the Source Link...
Hi, Here is the high impact news schedule for this running week which may effect on the currency market. Stay safe during this news time or enjoy your profitable news trading. News schedule for February 1 – February 5, 2016 and mentioned time is NY Time. Monday, February 1, 2016...
EURUSD caved last week after once again testing channel resistance that extends off the December 2015 high at 1.1058. A closer look at the 4-hour chart shows a bearish pin bar that formed following a retest of the key level, a trade that several of our members were able to capitalize on...
The slow-motion crisis of the European Union finally seems to be coming to a head. “Europe could lose its historical footing and the project could die quickly,” French Prime Minister Manuel Valls warned in a speech at this year’s World Economic Forum in Davos, Switzerland...
GOLD: Having the commodity continued to hold on to its recovery strength, GOLD looks to build up on recovery strength above the 1100.00 zone. On the downside, support comes in at the 1110.00 level where a break will turn attention to the 1100.00 level...
Canada-specific data is in short supply over coming days but there are significant clues written in the charts which will provide us with guidance...
