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Weekly price is on primary bullish market condition for the ranging within 1.3456 resistance level and 1.2830 support level: The price is located to be far above 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for the primary bullish condition...
Trading price of gold for a fourth day near the support area at $ 1084-1088 where we are witnessing a decrease in the downward momentum that began in mid-October and boosted by a strong jobs report in the United States who re-shuffle all the cards about the date for lifting US interest rates...
Daily Forecasts Spot Price* Last Update 1 Day 1 Week 1 Month EURUSD 1.0761 12/11/2015 1.0725 1.08 1.08 GBPUSD 1.5224 12/11/2015 1.5210 1.51 1.52 USDJPY 122.89 10/11/2015 122.75 123 123 AUDUSD 0.7139 12/11/2015 0.7115 0.71 0.70 USDCAD 1.3247 11/11/2015 1.3290 1.33...
Central bank divergence materialising Overnight the Aussie has spiked following a big drop in unemployment with the rate falling from 6.2% to 5.9% leading to AUDUSD jumping to 0.7150. The 0...
Looking at bond yields which are on the rise, it seems that the market is weighing a December rate hike as a very likely possibility...
Trading recommendations and Technical Analysis – HERE! Despite a slight decline from the beginning of the week pair USD / JPY keeps positive dynamics obtained Friday by strong data on US labor market (NFP) in October...
W1 price is located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition for with secondary ranging within the following key reversal support/resistance levels: 1339...
A hint from European Central Bank head Mario Draghi that further policy easing is coming in December drove European markets on Thursday, pushing stocks into the green territory briefly and pressuring the euro and bond yields...
The euro was hit on Thursday by the political turmoil in Greece as citizens protest against Greece’s third bailout. The country has until Monday to reach a compromise, and unlock €2bn in loans plus €10-bn to recapitalize its banking sector...
Sowood Capital Management, $1.6 billion loss The US hedge fund Sowood Capital Management lost 50% of its capital at the very beginning of the financial crisis, in 2007. However, Citadel Investment Group LLC bought most of its assets and earned from it quite well when the market rebounded...
Daily forecast EURUSD 15 min. chart: Long sentiment from 1.0771. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0731. The selling zone starts from this level...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5239. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5201. Selling zone below this level. GBPUSD could be sold at any levels below 1.5201...
Skandinaviska Enskilda Banken made a technical forecast for USD/JPY for telling the following: 'below 122.65/45 would target 121.60'. It means that SEB is predicting the price to be bounced from Fibo resistance level at 123.63 with 23.6% Fibo target at 121.86...
The euro was slightly higher against the dollar after official data showed that German consumer price inflation remained unchanged last month, matching analysts' expectations...
The Aussie jumped in Asia on Thursday after data showed a huge rise in jobs last month. The yen was slightly weaker after mixed data...
AUDUSD: With the pair rallying strongly during early trading on Thursday, further upside offensive is envisaged. This development suggests a temporary bottom is now in place. This should see more strength build up with eyes on the 0.7200 zone. On the upside, resistance lies at the 0.7250 level...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging between 46.22 support level and 54.00 resistance level: descending triangle pattern was broken by the price for the bearish trend to be continuing; if the price breaks 46...
A couple of remarks from Bank of Japan board-member Yutaka Harada shed light on why the central bank stood pat at its October 30 meeting...
The price is located to be above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. Price is breaking resistance level at 99.35 from below to above for the bullish breakout with 100.39 as the next bullish target...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our initial downside targets in the 1.0660 area would encourage our bearish view towards 1.0520 and then the 1...
