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Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 13th EUR/USD has fallen sharply since the last Thursday, losing all gained positions for previous week...
Analytics & Forecasts
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EEAnalytics, 13 June 2016, 12:38
GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.689 within the next 2 days. Resistance Levels : ( B ) 0.7141Last resistance turning point of Channel Up. Support Levels ( A ) 0.689Last support turning point of Channel Up...
Charts
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Lahcene Ouled Moussa, 13 June 2016, 11:44
Central banks will be in focus this week with the Federal Reserve, Bank of Japan, Swiss National Bank, and Bank of England all due to announce their latest monetary policy decisions. As always on Mondays kick start the week with my prepared currency update below...
Currency
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Sherif Hasan, 13 June 2016, 10:38
USD: Cautious on USD. Neutral. The recent labor market report is a game changer for USD, and we are no longer bullish in the near term. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
Analytics & Forecasts
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Vasilii Apostolidi, 13 June 2016, 08:19
GOLD: The commodity strengthened further the past week leaving risk higher in the new week. However, we think price consolidation or pullback should occur. On the downside, support comes in at the 1,260.00 level where a break will turn attention to the 1,250.00 level...
Analytics & Forecasts
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FXTechstrategy, 13 June 2016, 02:58 #gold
Welcome to my "Strength and Comparison" article for the coming week, the article "Ranking, Rating and Score" has also been published. For analyzing the best pairs to trade looking from a longer term perspective the last 3 months Currency Classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming week, the article "Strength and Comparison" has also been published...
Data in this report cover up to Tuesday June 7 & were released Friday June 10. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 The aggregate USD long position has climbed $6.3bn w/w, rising to $12.3bn — its highest level since early February...
Analytics & Forecasts
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Vasilii Apostolidi, 12 June 2016, 21:29
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Neutral EURUSD was in a downtrend for most of May, but a strong bullish breakout on June 3 led to a bullish signal...
Analytics & Forecasts
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1246536 Ernest G., 12 June 2016, 20:38
So says Bank of France governor and ECB governing council member Villeroy speaking to Welt am Sonntag 12 June 2016 primarily the BOE would have to respond to possible Brexit "but if necessary the ECB is ready to act" Brexit would have consequences for London as financial centre Joint intervention...
Analytics & Forecasts
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Sherif Hasan, 12 June 2016, 19:37 #ECB
Commerce Ministry out earlier with China's May Foreign Direct Investment data 12 June 2016 +6.0% prev yuan 56.77 bln ($8.89bln) Jan-May yy +3.8% yuan 343.55 bln ($54.19bln...
Forecasts
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Sherif Hasan, 12 June 2016, 19:36
EURUSD: With EURUSD closing lower reversing part of its previous week gains, more weakness is envisaged in the new week. Support lies at the 1.1200 level. Further down, support comes in at the 1.1150 level where a violation will aim at the 1.1100 level. A break of here will target the 1...
Analytics & Forecasts
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FXTechstrategy, 12 June 2016, 15:22
UK bookmaker listening to the opinion polls 11 June 2016 previous implied volatility 78% The move comes after yesterday's ORB poll for The Independent newspaper that Greg reported, showing the Leave vote ahead on 55% vs Remain 45...
Analytics & Forecasts
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Sherif Hasan, 12 June 2016, 11:13
Chinese data being released Sunday 12 June 2016 Just a heads up that we have Chinese industrial production amongst other data coming out at 05.30 GMT on Sunday. We'll post it up here so that you'll be set and ready for any impact on the Asian opening. Here's the expectations...
Analytics & Forecasts
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Sherif Hasan, 12 June 2016, 11:10
Heading into next week (June 13 - 17), all eyes are on the Fed with the FOMC policy meeting on tap for Wednesday...
Weekly Trends
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Andy Ismail, 12 June 2016, 09:12
Your visual and audio perception are your keys to rapidly interpreting information about happenings in the foreign exchange market. This is why you need a decent setup which includes enough screen real estate to see both the numbers and the charts, a low-latency audio feed and high-speed internet...
Trading Systems
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Sherif Hasan, 12 June 2016, 08:49
What maintains the trend on a currency i.e. how can we differentiate between when a pair will rally and then sell off and when a pair will rally and remain at new highs...
Currency
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Sherif Hasan, 12 June 2016, 08:42
As you know I trade fundamentals, which is what I encourage my students to do; follow the news, interpret the news and trade the currencies in line with the trends in which they are moving. However one of the questions we’ve had a few times is do I ever trade against the fundamentals, i.e...
Trading Systems
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Sherif Hasan, 12 June 2016, 08:40
I split risk management into two parts the first part is financial so for example you don’t want to risk losing too much, you don’t want to risk losing your entire account don’t risk too much per trade because it can have an adverse financial impact, this is the obvious aspect of risk management...
Trading Systems
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Sherif Hasan, 12 June 2016, 08:38
I’ve put together my views on currency average daily range; Average daily range basically measures how much range has been between a pair in a day and that it gives you the average of those moves and then gives you a figure of how many pips the price is expected to move each day based on historic...
Trading Systems
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Sherif Hasan, 12 June 2016, 08:36