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NZD/USD is currently trading at 0.6587 with a high of 0.6669 and a low of 0.6574. NZD/USD has started to stabilize in the vicinity of the 0...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 19:25
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: Tuesday’s low close confirms the prior topping candles and signals further downside. The move below our initial targets near 1...
Analytics & Forecasts
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Vasilii Apostolidi, 4 November 2015, 19:13 #usd/jpy, GBP/USD

GBP

The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar. Prices challenged the 21-period 2-standard deviation upper band by printing outside of its boundaries in the last two days...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 19:09
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, and AUD/USD. EUR/USD: The heavy tone remains intact and the first support at 1.0925/30 has been reached...
Analytics & Forecasts
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Vasilii Apostolidi, 4 November 2015, 19:06 #usd/jpy
GBP/USD short-term technicals remain bearish and GBP risk is elevated over the next hours ahead of BoE ‘Super Thursday’ that includes the policy decision, statement release, minutes, and Quarterly Inflation Report, according to Eric Theoret, FX Strategist at Commerzbank...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 18:56
James Knightley, analyst at ING explained that the October reading of the ISM non-manufacturing report looks very strong. The composite activity index has risen to 59.1 from 56.9 (consensus was 56.5...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 18:45
USD/CHF climbed to 1-week highs during the NY session as the dollar strengthened across the board following better-than-expected US data and comments from Fed Yellen, who reinforced bets of a rate hike in December. USD/CHF broke above European session highs and stretched to 0...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 18:29
Skandinaviska Enskilda Banken made some technical analysis for Gold evaluated the market condition for this pair a secondary ranging in the next and medium-term future for example...
Metals
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Sergey Golubev, 4 November 2015, 18:11 #xauusd, gold
GBP/USD is currently trading at 1.5375 with a high of 1.5446 and a low of 1.5361. GBP/USD has started to fail in its minor attempts of recoveries over the last number of days since the end of October's business since it failed just ahead of 1.5500...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 18:08
USD/CAD accelerated to the upside and reached the strongest level since last Friday at 1.3175, after breaking above yesterday’s highs. The pair started to move with an upside bias during the European session...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 18:07
Analysts at Brown Brothers Harriman explained that while EM FX has gotten some traction recently, we believe that the medium-term bear market remains intact...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 18:07
Valeria Bednarik>, chief analyst at FXStreet noted a positive back drop in the ADP report ahead of Nonfarm Payrolls and gives a forecasting analyses of EUR/USD...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 17:25
The dollar strengthened against most competitors and dragged EUR/USD to fresh 3-month lows following a series of supportive US economic data and latest comments from Fed Chair Janet Yellen...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 17:14
Fed Chair Janet Yellen said the US economy is performing well although she acknowledged some slowdown in employment. Regarding monetary policy, Yellen said FOMC thought it could be appropriate to move in December but that no decision was made...
Market News
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Khurram Mustafa, 4 November 2015, 17:03
USD/JPY has remained firm as global equities continue to advance and moves through October highs of 121.47 with bulls eager for a break-out to test the 100 DMA at 121.76 and the golden ratio 61.8% level of the August highs of 125.27...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 17:02

WTI

Crude oil prices are trading in the negative ground on Wednesday, currently hovering over the $47.00 area per barrel. WTI weaker on supply concerns Prices for the West Texas Intermediate are surrendering part of yesterday’s strong gains, testing the key support at $47...
Crude Oil
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Khurram Mustafa, 4 November 2015, 17:00
EUR/USD came under renewed pressure and broke to fresh lows over the last minutes, with no clear catalyst for the move other than USD buying interest...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:44
Strategists at Rabobank see the Bank of England hiking rates during the early months of 2017. Key Quotes “The money market is not fully priced for a BoE rate hike until early 2017”...
Forecasts
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Khurram Mustafa, 4 November 2015, 16:35
While i am expecting a substantial upward retracement in gold price, before going down, I am expecting a free fall in eurusd prices as mentioned in my previous posts. https://www.mql5.com/en/blogs/post/653109...
Analytics & Forecasts
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forexintel, 4 November 2015, 16:34 #forex, EUR/USD
Analysts at RBS noted the key highlights in data events from the Asian shift as a recap. Key Quotes: "Chinese Caixin services PMI grew to 52 in October from 50.5 in September. While composite PMI grew to 49.9 in October from 48 in September." "Australian Retail Sales fell 0...
Analytics & Forecasts
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Khurram Mustafa, 4 November 2015, 16:30