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Gold futures were slightly higher on Tuesday as market players awaited reports on the U.S housing sector later in the day for further hints on the strength of the economy and the future path of interest rates...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, October 20th USD/CAD edges higher in the early trade as demand for the greenback strengthens after mixed US data of Friday. The pair is back above 1...
US Dollar - "The housing data, national activity figure from the Chicago Fed and manufacturing survey are far from top tier event risk. As for the round of Fed speeches, we have seen confusion and skepticism rise from the conflicting views from the various voters and non-voters...
The dollar was unchanged against the yen and the euro in range-bound Asian trade Tuesday, as investors were unwilling to make major bets given the lack of fresh trading hints. The Canadian dollar traded lower after the country's leader was ousted after a national vote...
Testing on a real tick story - EURUSD (25.05.2015-27.06.2015) Broker #1: OctaFX (true ECN execution without requotes, without commission) 1. Testing with standard parameters on EURUSD,H4: 2. Testing with standard parameters on EURUSD,H1: 3. Testing with standard parameters on EURUSD,M15...
GOLD: The commodity declined further on Monday opening the door for more weakness. GOLD continues to hold on its weakness triggered off the 1183.80 level on Oct 15 2015. On the downside, support comes in at the 1160.00 level where a break will aim at the 1150.00 level...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition with the secondary ranging between Fibo support level at 0.6907 and Fibo resistance level at 0...
AUDUSD: AUDUSD took back its intra day gains to close slightly lower on Monday leaving risk of more weakness on the cards. While the pair can trade and hold below the 0.7363/81 levels, we think more weakness should occur towards its support at 0.7197. On the upside, resistance lies at the 0...
EUR: Bullish "We believe that EURUSD could head higher before we see pushback from the ECB. Indeed, we don’t expect anything from next week’s meeting...
Nearly two-thirds of analysts surveyed by the Financial Times expect the U.S. central bank to increase interest rates before the end of 2015, despite weakening economic data that several banks have warned have put the Fed’s inflation goal on a slippery ground...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition with the secondary ranging between Fibo support level at 1.0798 and Fibo resistance level at 1.1706: "Support is estimated in the mid-1.0800s. Resistance is estimated in the mid-1...
Market players have pushed back expectations of a rate increase since the Fed's Sept.17 meeting, with many traders anticipating the hike as soon as March 2016. But if history is any guide, investors have been getting the Fed's intentions wrong, says Deutsche Bank...
On Monday the single currency traded at its lowest level against the dollar in 10 days after official data showed that economic growth in China was stronger than economists’ expected in the third quarter...
Goldman Sachs Asset Management expects the British currency to jump against the dollar as the Bank of England will possibly increase interest rates sooner than the market predicts...
The battered and bruised oil industry could see some upside in the medium term if it sticks with its period of cost cutting, according to Michele Della Vigna, co-head of European Equity Research at Goldman Sachs. "Sentiment is changing," he told CNBC Monday...
W1 price is on bearish ranging between the following key support/resistance levels: Fibo resistance level at 1.5930 located near 100 period SMA and 200 period SMA on the border between the primary bearish and the primary bullish area of the chart; Fibo support level at 1...
USDJPY: With USDJPY halting its weakness to close higher the past week, it looks to move higher in the new week. We envisage a possible move towards its range top at the 121.32 level. On the upside, resistance resides at the 120.00 level with a turn above here aiming at the 120.50 level...
The probability of the gold price continuing to go up was so unconvincing that i removed the stop loss i had kept near last month's high and put my faith in my level 2 and 3 set up which was still showing a BEAR trend...
