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Here’s the market outlook for this week: EURUSD Dominant bias: Bullish Despite being trendless at the start of last week, high volatility moved price rapidly upwards on Thursday, only to be corrected on Friday...
In this article I will provide my view on the EUR/CAD. This is an interesting pair currently for trading with the FxTaTrader strategy. If you are interested in more detailed trading signals during the week we suggest subscribing to our premium service FxTaTrader Intra Week signals service...
The dollar regained lost ground against most of the other major currencies on Friday, rebounding from multi-week lows hit in the previous session in the wake of the Federal Reserve’s decision to hold off from hiking interest rates.The greenback sold off sharply after the U.S...
According to the International Organization for Migration, already this year 362,000 illegal migrants have arrived in Europe and thousands continue to come. An estimated 80 per cent are refugees from violence, and Europe is legally obliged to provide an asylum for them...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
GBPJPY: The cross closed almost flat the past week (see weekly chart) after failing to follow through higher on the back of its previous week gains.Additionally, it printed a rejection candle on Thursday and followed through lower on Friday...
Trend following – an investment strategy, based on technical analyses of market prices, rather than fundamental activities. Trend is a tendency of rate of exchange to drive on to definite direction for a reasonably long time...
The current week was characterized by waiting on the decision of the US interest rates that has frozen for a long time quotes of stock indices and also of some key currencies such as the Dollar and the Euro...
Firstly, a few words about the forecast for the previous week: - Regarding the behavior of EUR/USD, we had refrained from giving a precise prediction, laying out two possible scenarios instead: either the pair’s growth towards the resistance level in the 1...
According to technical analyst and chief market technician at MKM Partners Jonathan Krinsky, you should drop any hopes for new highs in the stock market this year. He makes such a conclusion after looking at how the S&P 500 has behaved historically after falling at least 10% from a peak...
>>> Leaders press for greenhouse gas cuts ahead of Paris meeting >>> Billions in climate aid for poor countries still at issue Optimism’s not a mood usually associated with global warming...
USDCHF: With USDCHF reversing almost all of its past week losses to close marginally lower on Friday, risk of further move higher is likely. On the upside, resistance lies at the 0.9762 level with a breach targeting the 0.9800 level. A breather may occur here and turn the pair lower...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: The break above 1.1375 warns of a squeeze higher in range towards 1.1474. We would look to fade upticks against the 1...
From fundamental point of view UBS made a forecast for EUR/USD based on fundamental news event which was yesterday: "The overall reaction to the FOMC decision yesterday has been relatively muted considering this was one of the biggest events of the year...
USDCAD: USDCAD took a nose dive after failing to follow through higher on its Thursday strength. This development leaves risk lower. Resistance resides at the 1.3100 level where a break will target the 1.3150 level. Further out, resistance comes in at the 1.3200 level where a turn lower may occur...
Gold prices surged to two-and-a-half week highs on Friday, boosted by a weaker U.S. dollar after the Federal Reserve decided to hold interest rates at this month's policy meeting...
United Overseas Bank made a forecast for EUR/USD concerning the movement of this pair for today and the beginning of the next week: "EUR/USD strong rally to a high of 1.1438/43 appears to be over-extended and further sustained up-move is unlikely." "Retest of 1.1438/43 is possible but 1...