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Analysts at RBS noted the key highlights in data events from the Asian shift as a recap. Key Quotes: "Chinese Caixin services PMI grew to 52 in October from 50.5 in September. While composite PMI grew to 49.9 in October from 48 in September." "Australian Retail Sales fell 0...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:30
Gold prices hit fresh session lows, but quickly recovered pointing to relative resilience in the hard currency despite the strong US ISM non-manufacturing data...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:28
The greenback, gauged by the US Dollar Index, is trading on a firmer footing today, advancing to the vicinity of the 98.00 handle...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:26
I was expecting a retracement to 1170 before the gold price went down, hence entered a BUY order last Friday with a stop loss near that day's low. https://www.mql5.com/en/blogs/post/653220...
Analytics & Forecasts
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forexintel, 4 November 2015, 16:24 #xauusd, forex, gold

BOE

James Knightley, analyst at ING noted the forthcoming BoE and inflation report and has forecasted lift off from the BoE in Q2 2016 with risks of Q1 also...
Banks
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Khurram Mustafa, 4 November 2015, 16:21
AUD/USD made another attempt to consolidate above the 0.7200 level but was rejected from the 21-day SMA and fell all the way back to 0.7150, giving up most of its post RBA gains. The RBA refrain from cutting rates on Tuesday, giving the Aussie a boost across the board...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:18
The Institute of Supply Management’s (ISM) non-manufacturing/services PMI index jumped to 59.1 in October from September’s 56.9. The actual print beats the estimated drop to 56.5 by a wide margin. The ISM’s measure of services employment advanced to 59.2, the second-highest since August 2005...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:13
The ISM Non-Manufacturing Index released by the Institute for Supply Management (ISM) shows business conditions in the US non-manufacturing sector...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:00
Gold prices weakened to near Tuesday’s low after the data in the US showed the private sector jobs growth slowed less than expected in October. Off lows, but weak The metal hit a low of USD 114.70, before trimming losses to trade around USD 1116.50/Oz levels...
Metals
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Khurram Mustafa, 4 November 2015, 15:57
It is well known that the economic recovery in the U.S. has been consistently weak leading the Fed to repeatedly push back the timeframe for raising rates. The U.S...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 15:55
In the view of BofA Merrill Lynch Global Research, the bearish tone is set to remain around the Brazilian currency. Key Quotes “Disappointing growth will likely lead to an easier Brazilian Central Bank and the market is now pricing in 185bp of hikes by the end of 2016”...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 15:54
The EUR/GBP pair hit a fresh session low of 0.7070 as the British Pound remained relatively resilient to the broad based USD rally...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 15:53
The shared currency is now falling further, dragging EUR/USD to test fresh 3-month lows in the 1.0880 area. EUR/USD around 1.0880 ahead of US data The pair has rapidly intensified its weekly decline, losing more than six big-figures since October tops in the 1.1500 neighbourhood...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 15:52
U.S. stock futures edged higher Wednesday after two economic reports pointed to a slight slowdown in the labor market but a rise in exports...
Market News
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News, 4 November 2015, 15:38 #Nasdaq, Dow Jones, stocks
Skandinaviska Enskilda Banken made some technical analysis for EUR/GBP estimated the bearish market condition to be continuing with below 0.71 figure. The price is on bearish market condition located below 100 period SMA and 200 period SMA. Price is ranging within Fibo resistance level at 0...
Trading Systems
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Sergey Golubev, 4 November 2015, 15:11 #technical analysis
Click here to watch previous forecast! Forecast checking EURUSD 15 min. chart: GBPUSD 15 min. chart: EURJPY 15 min. chart...
Trading Ideas
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fxsmartmoney, 4 November 2015, 15:05
Oil prices maintained gains on Wednesday following a 3% rise a day earlier driven by Brazilian and Libyan supply worries, a U.S. pipeline outage and a general rally in riskier assets amid expectations for more economic stimulus measures...
Crude Oil
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News, 4 November 2015, 14:50 #WTI, Brent, crude oil
The British currency climbed against the dollar on Wednesday after data showed that activity in the U.K. service sector recovered in October. The upside was limited as the greenback was supported ahead of economic reports from the U.S...
Currency
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News, 4 November 2015, 14:08 #eur/gbp, GBP/USD, EUR/USD
EURJPY: The cross saw a decline on Tuesday and was seen following through lower during Wednesday trading session today. This leaves more risk lower while it trades below its key resistance zone at the 133.14/43. Support comes in at the 132.00 level where a break will aim at the 131.50 level...
Analytics & Forecasts
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FXTechstrategy Team, 4 November 2015, 13:49
Trading recommendations and Technical Analysis – HERE! In Asia, the pair USD / JPY is mostly in a narrow range with a slight upward trend. The trading week began to increase in dollar pairs...
Analytics & Forecasts
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PCM-Brokers, 4 November 2015, 13:04 #usd/jpy, forex