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On Tuesday Brent futures crashed to $39.8 a barrel and WTI futures fell down to $36.6 a barrel - the weakest levels in seven years. Previous prices at nearly $108 a barrel in June 2014 has finally wiped out in 2015. The Dow dropped 117 points yesterday, with the energy sector its biggest drag...
Crude Oil
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News, 8 December 2015, 15:14 #WTI, Brent
Trading recommendations and Technical Analysis – HERE...
Analytics & Forecasts
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PCM-Brokers, 8 December 2015, 15:08
USDJPY: With price action remaining weak and vulnerable to the downside, USDJPY eyes further downside pressure. This price development is coming on the back of its failed attempts on the upside. While the pair holds below its key resistance zone at 123.66/74 levels, further weakness is likely...
Analytics & Forecasts
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FXTechstrategy Team, 8 December 2015, 15:02
The EUR/USD hit a fresh session high of 1.0890 as the S&P 500 futures dropped 1%, pointing to heightened China-led risk aversion ahead. Safe haven/funding currencies on the rise The risk-off is supporting gains in the safe haven/funding currencies like JPY, EUR. Both currencies are up 0...
Currency
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sathish kumar, 8 December 2015, 14:50 #EUR/USD
ECB member Jens Weidmann said that he does not believe that further easing is necessary, adding that the Eurozone is far away from a deflationary spiral, Bloomberg reports...
Market News
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sathish kumar, 8 December 2015, 14:43
According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the door could be open for a test of the 136.15 level. Key Quotes “EUR/JPY has eased back from the 4 month resistance line at 134.58 and very near term we would allow for some slippage to 132...
Currency
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sathish kumar, 8 December 2015, 14:41
The Australian dollar has deepened losses versus a stronger greenback, with AUD/USD sliding below the 0.72 mark, also weighed by renewed softness in the commodity complex. AUD/USD has continued to back away from the 0...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 14:37
The offered tone around CAD gathered pace in the early US session, pushing the USD/CAD to a fresh session high of 1.3606 as oil prices fell into losses...
Currency
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sathish kumar, 8 December 2015, 14:31 #usd/cad
following are UBS' latest short-term trading strategies (mostly intraday) for EUR/USD, USD/JPY, EUR/JPY, GBP/USD, and AUD/USD. EUR/USD: The pair didn't manage to break below 1.0800 yesterday and remains above here today.We prefer the short side but would only get involved on the extremes...
Analytics & Forecasts
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Vasilii Apostolidi, 8 December 2015, 14:28 #usd/jpy, GBP/USD
In the view of Karen Jones, Head of FICC Technical Analyst at Commerzbank, the cross remains bid while above the 1.0800/12 area. Key Quotes “EUR/CHF continues to hold upside potential near term and while above 1.0800/12 we will consider that the market is bid. Initial resistance is 1...
Market News
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sathish kumar, 8 December 2015, 14:16
The leading indicators released today by the Organization for Economic Cooperation and Development (OECD) showed the growth is firming up in India and the Eurozone economy is showing signs of stabilization...
Market News
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sathish kumar, 8 December 2015, 14:01
The uptick in the EUR/GBP cross is ensuring the EUR/USD pair remains around 1.0865 levels in the early US session. Weak US index futures support EUR The Cable fell below 1.50 levels and pushed the EUR/GBP pair higher, which is lending support the EUR/USD pair...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 13:57 #eur/gbp, EUR/USD
The uptick in the EUR/GBP cross is ensuring the EUR/USD pair remains around 1.0865 levels in the early US session. Weak US index futures support EUR The Cable fell below 1.50 levels and pushed the EUR/GBP pair higher, which is lending support the EUR/USD pair...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 13:56 #eur/gbp, EUR/USD
Research Team at TDS, suggests that the Canada’s November housing starts report is it today, TD’s on-consensus expectation is for the pace of new residential construction activity to remain largely unchanged at 200K. Key Quotes “Permits are expected to rebound at a respectable 2...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 13:51
Brent oil futures advanced 1% following a sharp sell-off on Monday that took prices to 6-1/2 year low of USD 40.60/barrel. At the time of writing, Brent Jan futures were up 1.5% or 61 cents at USD 41.34/barrel. Prices are still well below the previous 2015 low of USD 42.22/barrel...
Crude Oil
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sathish kumar, 8 December 2015, 13:45 #crude oil
NZD/CAD: breakout to reversal. The pair is bearish on market condition: price is located near and below Ichimoku cloud in the primary bearish area of the chart with the local uptrend as the secondary market rally breaking 0...
Analytics & Forecasts
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Sergey Golubev, 8 December 2015, 12:11 #Ichimoku
Dear Traders, While the British Pound continued to weaken against the U.S. dollar, the euro tested the 1.08-barrier which lends a short-term support for the currency pair...
Currency
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maimarfx, 8 December 2015, 12:04 #GBP/USD, EUR/USD
Societe Generale made a forecast for EUR/USD compare with GBP/USD telling that both the pairs will be on bearish condition for Q1'16. And GBP/USD will be in more bearish related to EUR/USD. Let's review this forecast with technical point of view...
Analytics & Forecasts
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Sergey Golubev, 8 December 2015, 11:56
EUR/GBP (H4): Increases after short correction Forecast: Rebound from 0.7170 support and further increases Alternative Scenario: Another test of previous resistance from the top...
Analytics & Forecasts
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sathish kumar, 8 December 2015, 11:30 #eur/gbp
The decline of #oil to multi-year lows led #USDCAD almost to the eleven-year high. The development of the upward trend can be supported by #investors, whose tactic is focused on the work in a #trend, which can lead to a massive new wave of growth. Find out more by checking out the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 8 December 2015, 11:25 #Trading