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November was complex and full of surprises for the hedge funds - global stocks started and ended the month off poorly forcing many to load up on short positions. Many prominent asset managers suffered greatly (for example, David Einhorn lost 5.2% in the month and is down 20% for the year...
Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Dead Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is moving downwards (2), and the price is on D Tenkan-Sen...
The price is on bullish market condition for breaking 123.74 resistance level for the bullish trend to be continuing with 125.85 as the next bullish target...
Oil prices stay on the flat line on Tuesday while USD is slightly down. But it is expected that OPEC will not change production targets during a meeting scheduled on Friday this week. So, traders focus on concerns about global oversupply. By this moment, Brent is around $44.59; WTI is $41.73...
Click here to see previous forecast. EURUSD (15 min. chart): EURUSD (1 hour chart): EURUSD (4 hour chart): EURUSD (Daily chart...
Sellers of #GPBUSD failed to break the support level, which led to take-profits and, as a consequence, the sharp rebound upward. It is recommended to fix the result of the short positions. Find out more by checking out the Source Link...
The direction of the current #trend in #EURUSD remains the same, while the amplitude of the fluctuations continues to decline. Thus, we see all the signs of the reversal graphical pattern "wedge". Find out more by checking out the Source Link...
The worst year for the euro can be even sadder: International Monetary Fund has included the Chinese yuan in the basket of reserve currencies. Now euro zone currency’s weighting in the IMF’s SDR basket will drop to 30.93 percent from 37.4 percent, the organization said yesterday...
Click here to see previous forecast. GBPUSD 15 min. chart GBPUSD 1H chart GBPUSD 4H chart EURGBP 15 min. chart...
EURUSD: Having continued to see price hesitation, EURUSD looks to maintain above key support as temporary bottom scenario is developing. If it can hold and trade above the 1.0519/00 zone this view should continue to hold. On the downside, support lies at the 1...
Trading recommendations and Technical Analysis – HERE! After a sharp weakening of the Swiss franc last Friday, due to possible interference NB of sales Swiss franc against the Euro and dollar, the trading week started with a decline of the pair USD/CHF. Trading in the pair are aligned...
Oil price falls from 54.00 to a little above 43.50 since the beginning of October this year, and it has a negative impact on economy and the currency. Further easing not priced and the CAD may weaken if Bank of Canada will take more dovish tone...
Goldman Sachs analysts considered that there will not be any big movement for the market in 2016, and they started the forecast from S&P 500 index predicted the weak market with a little growth. The price will be stuck to be around 2,100 level for the ranging market condition...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5088. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5056. Selling zone below this level. GBPUSD could be sold at any levels below 1.5056...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0590. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0576. The selling zone starts from this level...
The Reserve Bank of Australia decided to leave the key interest rate at the record low of 2%, as expected. The Australian dollar regained some ground against the U.S. competitor amid mixed fundamental background. Find out more by checking out the Source Link...
Dovish tone from the Bank of England (BOE) is moving GBP to be down keeping selling pressure. Brexit debate could also support more bearish, and inflation rising is not enough to support for GBP...
Here’s the market outlook (courtesy of Tallinex Limited - https://www.tallinex...
There are two major meetings are coming in December: the Federal Reserve meeting and the European Central Bank meetings which will strongly affected on the direction of the currency movement...
GBPUSD: Having triggered a higher close on Monday, GBPUSD targets further bullish corrective recovery in the days ahead. Support lies at the 1.5000 level where a break will turn attention to the 1.4950 level. Further down, support lies at the 1.4900 level...