All Blogs
The recent oil rally has helped two of Asia's most depressed currencies regain much-needed ground against the dollar...
Both the Australian and New Zealand dollars slipped Thursday as the dollar slightly recovered from the recent losses...
NZD/JPY: bearish. The pair is on bearish market condition with the secondary rally which was started in the beginning of Augist this year: the price is moved within 82.62 key resistance level and 71.28 key support level...
USDCAD: USDCAD’s key support located at the 1.3011 level held on Wednesday turning the pair higher on a rejection candle. This development leaves the immediate risk to the upside. On the downside, support lies at the 1.3000 level followed by the 1.2950 level...
Tomorrow, on Thursday, Bank of England Governor Mark Carney and his colleagues will release their assessment of the shrinking U.K. economy together with the latest policy decision...
The following are the latest technical setups for EUR/USD, USD/CHF, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and would fade upticks in range against resistance in the 1.1320 area. Our initial downside targets are towards 1...
United Overseas Bank made a technical forecast concerning GBP/USD: "A break above the recent highs near 1.5245/50 could lead to a move to 1.5275/80 but the major 1.5310 resistance is unlikely to come under threat for now...
Crude oil prices pared back gains on Wednesday after the latest U.S. storage data showed a larger than expected domestic inventory build last week...
Prices for two key oil benchmarks - WTI and Brent - have been moving simultaneously for much of 2015, but soon the paths for the two benchmarks could diverge...
The slowdown across global economies is boosting a coal surplus that’s pushed prices for the fuel to the lowest level in eight years, according to Glencore Plc...
W1 price is located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition with secondary bear market rally: The price is trying to cross Fibo resistance level at 0...
Gold kept its gains on Wednesday approaching two-week highs with minutes from the U.S. central bank on tap...
GBPUSD: GBP extended its recovery during Wednesday trading session leaving risk of more strength to occur. However, watch out for its overhead resistance located at the 1.5336 zone. This level is significant on the weekly chart. Price hesitation ahead or at that level cannot be ruled out...
Will wait for the eurusd price to cross previous month's high for a confirmed BUY. As mentioned in my previous posts, was prepared for the high volatility in the downward price movement. As of now, there has been no new high for the past weeks, nor there has been any new low in the week chart...
Will wait for the gold price to cross previous month's high for a confirmed BUY. The stop loss near last Friday's high got triggered and the SELL order got closed on Monday. Entered a SELL order with 0.2 lot size near yesterday's high at 1149 with a stop loss at 1157...
The British currency jumped on Wednesday after official data showed that the nation's industrial output beat analysts' expectations as well as the results from peer Germany and Spain...