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The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and USD/CAD. EUR/USD: We don't think there is any rush to get involved in the pair, as the market seems to be waiting for US payrolls on Friday...
The number of unemployed people in Spain increased for the third consecutive month in October, driving worries about the health of the euro zone’s fourth largest economy, official data showed on Tuesday...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier. It is recommended to read the page Currency score explained and Models in practice for a better understanding of the article...
When looking at the Top 10 in the Monthly Ranking and Rating list we can see that for the coming month the following stronger currencies are well represented for going long: USD(3X) with the GBP(3X) followed by the NZD(2X...
USD/JPY: ranging around reversal level. This pair is on bullish market condition for the ranging within the following key levels: 125.85 key resistance level located far above Ichimoku cloud in the bullish area of the chart, and 118...
China's annual economic expansion will be no less than 6.5% over the next five years to achieve the goal to double 2010 gross domestic product (GDP) and per capita income by 2020, Xinhua state news agency quoted China's President Xi Jinping as saying on Tuesday...
The British currency slightly declined although Britain’s construction sector has posted another month of solid growth, according to data firm Markit...
For today R4 - 0.7327 / R3 - 0.7307 / R2 - 0.7270 / R1 - 0.7217 SPOT 0.7206 S1 - 0.7120 / S2 - 0.7107 / S3 - 0.7068 / S4 - 0.7002 SHORT AT 0.7200 FOR 0.6937, STOP AT 0.7220 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, November 3rd AUD/USD rises to one-week highs after the Reserve Bank of Australia left interest rates on hold and signaled the possibility of further rate cuts in the future...
The U.K. manufacturing industry has seen a grinding fall in export growth and confidence as problems in the global economy hurt demand...
On Tuesday Asian shares broadly recovered led by the Australian market which rose after six straight days of losses...
EURUSD (Daily chart): EURUSD (4 hour chart): EURUSD (1 hour chart): EURUSD (15 min. chart): GBPUSD (Daily chart...
USD/CAD: bullish. This pair is on bullish market condition with the secondary ranging which was started in the end of Septermebr this year: the price was bounced off 1.3353 resistance level and 1.3456 key resistance level. If the price breaks key resistance at 1...
Gold prices were slightly higher on Tuesday after hitting four-week lows on Monday which deepened a bearish sentiment towards the metal...
Credit Suisse adviced to sell EUR/USD this week based on the following fundamental factors: "The monetary policy divergence has re-emerged, in our view...
In a statement accompanying a third quarter net profit, Swiss bank UBS warned that many global economic challenges remain unlikely to be resolved for the foreseeable future...
The main driving force among the major global currencies at present continues to be the divergence in monetary policy stances between the European Central Bank and the Federal Reserve. European Central Bank (ECB) The ECB will soon be expanding its large-scale quantitative easing programme...
W1 price is on primary bearish with secondary ranging within the following key support/resistance levels: 0.6896 resistance level, and 0.6235 support level. Absolute Strength indicator and Trend Strength indicator are estimating the bear market rally to be started...
GBPUSD: Having GBP capped its intra day gains at the 1.5505/07 zone to close lower on a rejection candle on Monday, risk of a follow through lower continues to build. On the downside, support lies at the 1.5350 level with a break of here turning attention to the 1.5300 level...
