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Oil prices at both the sides of the Atlantic rose today as oil stocks in the US dipped. At the time of writing, the WTI oil Jan futures were up 1.77% or 66 cents at USD 38.17/barrel. Brent futures were up 1.2% or 50 cents at USD 40.77/barrel...
After touching its channel lower boundary for the third time I think Gold may target 1100$ per ounce.For the next months I think Gold will move flat with a slight down slope that's way depending on side-way strategies may seem to be the right choice for the next time period...
The Dow Jones Index now struggle to narrow the gap between its its yearly open and close but sooner or later it will face a problem. I have a target of 16000 point for the next few months...
Research Team at Danske Bank, suggests that when looking at the previous hiking cycles there is a tendency for the USD (DXY index) to weaken after the first Fed hike...
Research Team at RBS, suggests that the Bank of England holds its December monetary policy decision, and we do not expect a change in interest rates by the Bank of England...
USD RUB, “US Dollar vs Russian Ruble” Russian Ruble continues moving upwards as the oil prices hit new lows. The market has reached the target of the extension. We think, today, the price may form a consolidation channel and a reversal pattern...
USD RUB, “US Dollar vs Russian Ruble” Russian Ruble continues moving upwards as the oil prices hit new lows. The market has reached the target of the extension. We think, today, the price may form a consolidation channel and a reversal pattern...
USD JPY, “US Dollar vs Japanese Yen” Yen is forming the ascending structure with the target at 123.50. After that, the instrument may return to 123.00. Later, the price may break its consolidation channel upwards to reach 124.50...
USD CHF, “US Dollar vs Swiss Franc” Franc is moving upwards to reach 1.0108. Later, in our opinion, the market may test 0.9990 from above , thus forming a new consolidation channel. If this channel is broken upwards, the pair may growing inside the uptrend to reach 1...
GBP USD, “Great Britain Pound vs US Dollar” Pound is being corrected towards 1.5000. After that, the instrument may grow to reach 1.5084 and then form another consolidation structure. If this structure is broken upwards, the market may grow to reach 1...
EUR USD, “Euro vs US Dollar” In case of Eurodollar, the correction continues. We think, today, the price may return to 1.0875 (at least) and then form another descending structure towards 1.0770. Later, in our opinion, the market may return to 1.0870 once again...
Research Team at Danske Bank, suggests that in line with most other analysts and market participants we expect the Fed to hike 25bp at its meeting next week...
Research Team at RBS, suggests that all the economic boxes have been checked as the US November employment release paves the way for Fed action in December...
USD CAD, “US Dollar vs Canadian Dollar” At the H1 chart, the market is trying to break the 7/8 level. If later the price is able to stay above this level in the nearest future, the pair may start a new descending correction towards the 4/8 level...
The EUR/USD pair prolongs its recovery mode from post-ECB lows below 1.08 handle and now trades firmer above 1.09 handle, with 1.0983/ 1.10 back on sight. EUR/USD tested daily R1 at 1.0921 Currently, the EUR/USD pair rises 0.17% to 1.0911, easing-off fresh three-day highs posted at 1...
USD CAD, “US Dollar vs Canadian Dollar” Canadian Dollar continues growing inside “overbought zone”. Earlier, the price was supported by the 6/8 level and rebounded from it several times. It’s highly likely that in the nearest future the market may break +2/8 level...
EUR USD, “Euro vs US Dollar” At the H1 chart, Eurodollar is moving towards the 4/8 level. If the price rebounds from it, the ascending correction may continue. However, if the pair breaks the 4/8 level and stays below it, the market will continue falling...
EUR USD, “Euro vs US Dollar” After rebounding from the 2/8, Eurodollar has started a new correction. If later the price is supported by the 0/8 level and rebounds from it, it may resume moving upwards. In case the market stays above the 2/8 level, it may continue growing much higher...
Vladimir Miklashevsky, Economist at Danske Bank, suggests that the bank has raised their 2015 Russian GDP forecast to -3.9% y/y on 20 November 2015, from a 6...
Mansoor Mohi-Uddin, Senior Market Strategist at RBS, notes that the Chinese authorities have fixed the rate almost lower each day since the start of November when it was set at 6.3154...
