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Click here to see previous forecast. EURUSD (15 min. chart) - forecast checking: EURUSD (1 hour chart) - forecast checking: EURUSD (4 hour chart) - forecast checking: EURJPY (15 min. chart) - forecast checking...
The greenback has risen to a seven-month high against the euro on Tuesday with several financial companies predicting euro-dollar parity in the near future...
Iron ore slid to a four-month low on mounting concerns that declining steel production in China will offset demand...
Trading recommendations and Technical Analysis – HERE! On Monday released a weak report on shipments in the manufacturing sector. The volume of industrial supplies fell in September by 1.5% against growth of 0.1% forecast and a decline of 0...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: We prefer staying short below 1.0680/1.0700...
The European Commission has just backed France’s decision to increase security spending at the expense of deficit reduction...
XAG/USD is on bearish market condition to be below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for 14.26 support level to be crossed from above to below for the bearish trend to be continuing. And 13.96 is the next bearish target for November...
Data released earlier by the ZEW institute showed that German investor confidence has bounced back. The euro, however, showed a muted reaction to the report...
On Tuesday official data showed that consumer price inflation in the U.K. remained in negative territory for the second straight month in October, which highlights worries over deflationary pressures and a view that interest rates will remain unchanged at record-lows in the near future...
Hedge funds and other large money managers boosted bets on greenback gains against eight major currencies in the last three weeks, in the biggest increase since March 2013, data from the Commodity Futures Trading Commission showed. The data comes as traders await inflation data from the U.S...
The shared currency is set to lose 2 to 3 cents on December 3, and then another 2 cents should the Fed increase rates on December 16, thinks Robin Brooks, Goldman Sachs Group Inc’s New York-based chief currency strategist...
GBP/USD: intra-day bearish with the ranging. The pair is located to be below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) within the following reversal support/resistance levels: 1.5401 resistance level located above 100 SMA/200 SMA in the bullish area of the chart, and 1...
Market Summary EURUSD 15 min. chart: Long sentiment from 1.0699. The long zone starts from this level. EURUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.0674. The selling zone starts from this level...
Global stocks rally Tuesday as fears over Paris attacks fade. European indexes opened in the green territory...
United Overseas Bank is suggesting to book profit near 1.0600 psy level for short trades. The price is located below 100 SMA/200 SMA for the primary bearish market condition with the secondary ranging within 1.0461 support and 1.1494 resistance level for the breaking 1...
Market summary. GBPUSD 15 min. chart Long sentiment from level 1.5197. Long zone starts from this level, GBPUSD could be bought at any level till the price reach the targets above. Short sentiment from 1.5175. Selling zone below this level. GBPUSD could be sold at any levels below 1.5175...
On Tuesday oil prices gave up earlier gains obtained after the Paris attacks and the French airstrikes in Syria, and traders began to focus on the global glut in petroleum products again...
The Aussie advanced on Tuesday after minutes of the central bank's November board meeting noted there was room for further easing, although with overall conditions accomodative...
USDJPY: With the pair remaining on the offensive following its Monday rally, further strength is envisaged. This price development leaves further bull pressure targeting the 123.59 and beyond. On the downside, support comes in at the 122.50 level where a break if seen will aim at the 122.00 level...