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EURUSD 15 min., 1H charts (up- and downtrend targets) GBPUSD 15 min., 1H charts (up- and downtrend targets) EURUSD 15 min. chart: EURUSD 1H chart: GBPUSD 15 min. chart...
Strategists believe any weakness in the euro exchange rate complex should be traded to the upside. The euro to dollar exchange rate should continue to see weakness as being temorary in nature argue strategists with Westpac in Sydney. "Look to buy dips in EUR to 1.1230 with a stop at 1.1110...
Economists seem to support the Bank of England's view that the U.K. economy is resilient in the face of a global slowdown...
H4 price is located near and above SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown. The key support/resistance levels for this pair are the following: 1...
The price is located below 100 SMA and below 200 SMA for primary bearish market condition for the ranging within the following key support/resistance levels: 1.1956 resistance located near and below 100 SMA/200 SMA...
On Wednesday the yen was slightly weaker in Asia after trade data that showed weak exports. The dollar was almost unchanged after Tuesday's housing data...
Forex has caused extensive losses to galore unpractised and unpunished traders over the years. You condition not be one of the losers. Here are cardinal forex trading tips that you can use to abstain disasters and tap your potentiality in the currency turn market. 1. Screw yourself...
GBPUSD: GBP continues to hold on to its downside bias failing at the 1.5505 level to close lower on a rejection candle on Tuesday. While it remains below the 1.5508 level and its 200 EMA, our bias remains to the downside. Resistance resides at the 1.5508 level...
The following are the latest technical setups for EUR/USD, USD/CHF, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The move below 1.1335 encourages our bearish view. Our initial targets are near 1.1260. A move below 1...
Greeks should get used to restrictions on their money with capital controls here to stay at least till the second half of 2016, say economists polled by Bloomberg...
Capital is leaving China at a record pace and the country's central bank is drawing down reserves to buoy the renminbi after its recent grinding fall. Investors are now asking how long China’s shrinking foreign currency reserves — down to $3.5tn from a peak of $4tn in June 2014 — can hold out...
The euro edged higher against the dollar on Tuesday as investors looked ahead to a European Central Bank meeting later in the week amid speculation that it could flag plans to enlarge its stimulus program. EUR/USD eased up 0.15% to 1.1342, pulling back from Monday’s one-week lows of 1.1305...
W1 price is above 200 period SMA (200 SMA) and above 100 period SMA (100 SMA) for the primary bullish market condition with the secondary ranging between key support level at 1.2122 and Fibo resistance level at 1...
Although there was a talk three years ago that the U.K.-China relations deteriorated after U.K. Prime Minister David Cameron met with the Dalai Lama, the exiled Tibetan leader, developments that take place today show it's not a problem anymore...
Trading recommendations – Here! Current dynamics Although the pair XAU / USD and is growing, it's not that simple. The current strengthening of the gold is mainly based on lower expectations of market participants regarding the interest rate increase in the US before the end of the year...
The Canadian dollar strengthened Tuesday after Canadians voted for Liberal Party leader Justin Trudeau as the country’s new prime minister in the federal election...
U.S. stocks opened slightly lower on Tuesday as investors digested a slew of earnings reports and better-than-expected housing data...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition. The price is breaking ascending triangle pattern from below to above with Fibo resistance level at 0...
Standard Chartered have told clients they are forecasting downside pressures on the Australian and New Zealand dollars to resume. Both the New Zealand and Australian dollars have trended higher in global FX as of late with both benefiting from a recovery in global commodity prices...
