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From Callum Newman in Albert Park: ‘Greece secured a four-month extension of its financial rescue when its eurozone partners approved a reform plan that backed down on key leftists measures and promised that spending to alleviate social distress would not derail its budget...
US DOLLAR TECHNICAL ANALYSIS Prices issued its largest advance in a month but prices failed to overcome range resistance to secure a breakout. Near-term resistance is in the 11854-76 area (14...
This trading strategy has been developed by Bollinger Bands and Fractal indicator. These are basic mt4 trading indicators. In this trading system, you can get reversal signal by Bollinger Bands and confirmation from Fractal. It is easy to find trading set-up from this trading strategy...
The NZD is BNP Paribas' favoured currency in the commodity bloc and represents excellent value versus the low yielders of the FX world...
Chart LINK: https://www.mql5.com/en/charts/3086980/usdjpy-d1-mercer-fx-limited Short Comment: USDJYP jumped from 119.10 to 119.70 (Today, 27th February, 2015) opening the road to test the resistance around 120.25. The first week of March is gonna be a strong battle between the bulls and the bears...
Fractals indicate natural resistance and support levels, which helps to identify good entry points and locate stop-loss points. Most importantly, fractals help me identify trends and ranges...
On Friday oil prices were up, as traders were hoping for reduction in US drilling and as a poll said OPEC output fell in February...
On Friday the greenback slipped against its Canadian counterpart, as demand for the US dollar was dampened after data showed that the U.S. economy grew less-than-expected in the last quarter...
The study was part of the central bank’s One Bank Research Agenda, a report that investigates the current central polices and their interaction with the ever-changing international polices, regulations, market structures, and none the least, the fundamental technologies...
The common currency climbed against its US counterpart on Friday, underpinned by positive French and Spanish data, while markets were anticipating the release of highly-anticipated U.S. economic reports due later in the day...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Europe's economic gloom dispelled...
A marked downward revision in the U.S. growth rate may generate a short-term rebound in EUR/USD should the preliminary 4Q Gross Domestic Product (GDP) report dampen bets for a mid-2015 Fed rate hike...
For today R4 - 0.7914 / R3 - 0.7877 / R2 - 0.7836 / R1 - 0.7816 SPOT 0.7795 S1 - 0.7740 / S2 - 0.7721 / S3 - 0.7698 / S4 - 0.7667 SELL 0.7840...
Gold will come under further pressure over the course of the year as the Federal Reserve moves closer to lifting rates, but prospects for the precious metal looks far more promising in the next few years, according to Bank of America Merrill Lynch...
USD/CAD Technical Strategy: Flat Support: 1.2328, 1.2181, 1.2035 Resistance: 1.2564, 1.2646, 1.2827 The US Dollar remains locked in a familiar range below the 1.27 figure against its Canadian counterpart after turning lower as expected. A daily close below the 1.2328-81area marked by the 38...
GBP/USD Technical Strategy: Long at 1.5373 Support: 1.5395, 1.5322, 1.5180 Resistance: 1.5573, 1.5737, 1.5923 The British Pound put in a Bearish Engulfing candlestick pattern, hinting a move lower against the US Dollarmay be ahead. A daily close below channel support at 1.5395 exposes the 14...
USD/JPY Technical Strategy: Flat Support: 118.82, 117.17, 115.48 Resistance: 120.82, 121.91, 123.88 The US Dollar remains locked in a narrow range between channel support and the 120.00 figure against theJapanese Yen. A daily close above the December 23 highat 120.82 exposes the 121...
EUR/USD Technical Strategy: Flat Support: 1.1185, 1.0970, 1.0796 Resistance:1.1318, 1.1533, 1.1659 The Euro moved sharply lower against the US Dollar, with prices attempting to clear path to the late-January low anew. Near-term support is at 1.1185, the 23...
For today R4 - 1.2775 / R3 - 1.2697 / R2 - 1.2662 / R1 - 1.2617 SPOT 1.2515 S1 - 1.2380 / S2 - 1.2353 / S3 - 1.2314 / S4 - 1.2200 BUY AT 1.2495 FOR 1.2800 STOP AT 1.2380 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
On Friday, Bank of Japan Governor Haruhiko Kuroda reiterated his estimate that a moderate rebound in crude oil prices will help anchor 2% inflation "around fiscal 2015" but outlined a slip in longer-term public inflation expectations...