All Blogs

To add a new post, please log in or register
EUR has paused the high speed downside which started in December. However the downside is still far from over. On H4, Daily, Weekly and Monthly the indicators are bearish and for now do not show any signs of correction. To start a correction we need a H4 close above 1...
Analytics & Forecasts
  • 200
  • 1
Andrius Kulvinskas, 2 February 2015, 07:43 #gold
According to the recent data, Chinese manufacturing weakened, sending Asian stock markets lower on Monday. Oil swung...
Market News
  • 283
  • 1
News, 2 February 2015, 07:42 #Hang Seng, Nikkei
Gold prices on Comex steadied in early European morning, having posted its biggest monthly gain in three years on Friday after weaker-than expected US GDP data spooked the markets. Currently, gold trades higher by 0.10% at 1279.80 levels, retreating from 1285.40 levels hit on Friday last week...
Metals
  • 90
  • 1
Andrius Kulvinskas, 2 February 2015, 07:37 #gold
GBP/JPY trimmed gains from the previous session, heading towards the European opening bells as the yen recovers partial losses versus the greenback. Back above 177 levels Currently, the GBP/JPY cross traded at 177.39 levels, up 0.21% on the day, moving away from day’s low posted at 176.50...
Currency
  • 106
Andrius Kulvinskas, 2 February 2015, 07:19
Charles St-Arnaud, Research Analyst at Nomura, comments on the recent Canadian macro data release, and further notes that the current contraction in production suggests the BoC might cut rates further in March. Key Quotes “Monthly GDP decreased 0...
Market News
  • 98
Andrius Kulvinskas, 2 February 2015, 07:14
Russia’s central bank cuts its key rate by 200bp to 15%. We expect USDRUB to climb over 75 within 1M. We expect Russia’s economy to expand only after 2016. Assessment and outlook Today (30 January 2015) Russia’s central bank unexpectedly cut its key rate to 15% from 17% p.a...
Banks
  • 115
Andrius Kulvinskas, 2 February 2015, 07:07 #USDRUB
The Market Strategy Team at UOB Group, comment that EUR/USD’s consolidation appears to be on the verge of completion and the pair might rebound to 1.1350 before heading lower towards 1.1260. Key Quotes "The recent bout of sideway consolidation appears to be close to completion...
Currency
  • 101
  • 1
Andrius Kulvinskas, 2 February 2015, 06:57 #EUR/USD
AUD/USD remained unaffected by the bearish Australian commodity prices index which showed continued drop in commodity prices. Up from 0.7770 levels Currently, the AUD/USD trades higher by 0.32% at 0.7790 levels, inching towards 0.7800 levels...
Currency
  • 85
  • 1
Andrius Kulvinskas, 2 February 2015, 06:54
The Yen went from being the strongest currency in early Asia, courtesy of stop-loss hunting practices, to end as the weakest, together with the Swiss Franc, also being weighed down by talk of an unofficial soft floor in EUR/CHF at 1.05-1.10 doing the rounds...
Market News
  • 124
  • 1
Andrius Kulvinskas, 2 February 2015, 06:45 #usd/jpy
US DOLLAR TECHNICAL ANALYSIS Prices may be preparing to decline after prices put in a bearish Evening Star candlestick pattern. Negative RSI divergence bolsters the case for a downside scenario. Near-term support is at 11734, the intersection of the 14...
Analytics & Forecasts
  • 348
  • 1
Sergey Golubev, 2 February 2015, 06:11 #S&P 500, crude oil, gold
The Parabolic SAR is an indicator that, like Bollinger Bands is plotted on price, the general idea of which is to buy into up trends when the indicator is below price, and sell into down trends when the indicator is above price...
Trading Systems
  • 1249
  • 4
  • 6
Sergey Golubev, 2 February 2015, 03:11 #trading system
In this article I will provide my view on the EUR/GBP, AUD/USD and the NZD/CAD. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
Analytics & Forecasts
  • 165
Forex Technical Analyst Trader, 1 February 2015, 23:04
According to the latest CFTC Commitments of Traders Report, for the week ending Tuesday, January 27th.there was a certain reluctance among investors to keep pushing the bearish USD strategy, notes the FX Team at TDS...
Currency
  • 110
  • 1
Andrius Kulvinskas, 1 February 2015, 22:55
The Swiss Franc is weaker across the board in early Asia, with some talk doing the round about a possible soft protective floor in the 1.05-1.10 vicinity for EUR/CHF, leading the pair to trade just under the 1.05 area in inter-bank trading, with volatility set to continue...
Currency
  • 110
Andrius Kulvinskas, 1 February 2015, 22:50
Monday, Feb 02 USD ::: ISM Manufacturing PMI (Jan) This survey from managers in the manufacturing industry is expected to decrease, & currently the majority of US states are facing a sever winter weather which might slow down the economy...
Forecasts
  • 102
Andrius Kulvinskas, 1 February 2015, 22:41 #economic calendar
US Dollar Forecast– NFPs and the PCE inflation indicator will further stir hawkish Fed expectations, but the theme may be mature The net change in payrolls isn’t nearly as important as the ‘qualitative’ figures...
Forecasts
  • 382
  • 10
  • 3
Sergey Golubev, 1 February 2015, 21:11 #dollar index
Talking Points: Donchian creates a channel that encapsulates price. Trade entries can be made when Donchian is broken. Stop losses can be created from the opposing channel line. I’ve written quite a bit about the importance of support and resistance levels for trade entries and trade exits...
Trading Systems
  • 2068
Andrius Kulvinskas, 1 February 2015, 20:11
Looks like we might see a weaker GBP next week. If price goes below 1.50500 on Monday (the blue line) I will short the GBP/USD and aim for a profit around 1.49770 (bright green line, about 70 pips) for half my position and let the other half run with a profit target of 1.48500 (2013 low...
Trading Ideas
  • 138
Johan Lindahl, 1 February 2015, 18:48
Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted the rally in the euro on CPI but explained the technical picture as bearish. Key Quotes: "The flash headline estimate dropped –0.6% y/y (consensus was for –0.5%y/y) and core fell to 0.6%y/y, a fresh record low—see chart...
Currency
  • 134
Andrius Kulvinskas, 1 February 2015, 18:38
A deal on extending Greece's bailout deal must be found by the end of February or the European Central Bank will not be able to continue lending to its banks, ECB council member Erkki Liikanen said on Saturday...
Market News
  • 124
Andrius Kulvinskas, 1 February 2015, 18:34 #ECB