All Blogs

To add a new post, please log in or register
More signs the ECB will wait-and-see A 'sources' report earlier this week also indicated the ECB is in no rush to act. Must keep period of uncertainty as short as possible Scope of Brexit's economic impact not yet clear Brexit to slightly dampen growth in Eurozone and Germany...
Banks
  • 92
Sherif Hasan, 1 July 2016, 18:24 #ECB
EUR/USD: We are bearish and look for a move lower in range towards initial targets near 1.0970 and then Friday’s 1.0910 lows. Further out we see room towards 1.0840 and then the 1.0710 area. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
ISM factory survey chairman Holcombe in presser a few moments ago 1 July mftg on a good trend ,not robust will have to wait and see about Brexit UK is relatively small US trading partner ISM to release Brexit results at 11.00 NY time ( any time now...
Market News
  • 54
Sherif Hasan, 1 July 2016, 18:18
100 and 200 bar MA defining the risk The USDJPY has traded the last two days between the 100 and 200 hour MA. The price action suggests a comfort area for traders - a safe house. Eventually the market will make a break and run. Friday's can be difficult of course. It is a long weekend...
Trading Systems
  • 50
Sherif Hasan, 1 July 2016, 18:16
Here is who has reported: Honda sales +3.2% vs +9.4% estimate Volkswagen of America -22% GM sales -1.6% vs -0.7% estimate Ford sales +6.4% vs +4.9% estimate...
Market News
  • 47
Sherif Hasan, 1 July 2016, 18:15
Content courtesy of Tallinex Limited https://www.tallinex.com GOLD (XAUUSD) Dominant bias: Bullish Gold moved up over 12400 pips last month, and reached a high of 1358.21...
Metals
  • 116
  • 2
1246536 Ernest G., 1 July 2016, 17:42
EUR/NZD Analysis for July 01, 2016 Recently, EUR/NZD has been moving downwards. As I expected, the price tested the level of 1.5466 in a high volume. According to the 30M time frame, I found response from sellers at the price of 1...
Analytics & Forecasts
  • 39
  • 2
Roberto Jacobs, 1 July 2016, 16:47
US Federal Reserve's vice chairman Fischer out on the wires 1 July 2016 will have better idea of conditions by July FOMC meeting we make our decisions one meeting at a time we've got to look over a longer horizon than a few months most of the data since May payrolls looking good...
Banks
  • 86
Sherif Hasan, 1 July 2016, 16:28
Gold Analysis for July 01, 2016 Since our previous analysis, gold has been trading upwards. As I expected, the price tested the level of $1,337.91 in a high volume. According to the 30M time frame, I found that demand is in control in the market...
Analytics & Forecasts
  • 59
  • 2
Roberto Jacobs, 1 July 2016, 15:43 #gold
CAD/JPY Trade Idea - Good to Sell on Rallies Major resistance - 79.95 (55 4H EMA) CAD/JPY has made a high of 79.95 yesterday and started to decline from that level. It is currently trading around 79.19. Short term trend is bearish as long as resistance 80 holds. The decline from 83.81 till 76...
Analytics & Forecasts
  • 73
  • 2
Roberto Jacobs, 1 July 2016, 15:36 #CADJPY
UOB out with a client note/recommendations 1 July 2016 Courtesy of our friends at efxnews.com While our tech guru Greg is tied up on the ForexLive ACT course here's someone else's T/A for those of you so inclined...
Trading Systems
  • 59
Sherif Hasan, 1 July 2016, 14:52 #nzdusd, technical analysis
Which Currency Will Come Out on Top: US Dollar or Yen...
Analytics & Forecasts
  • 84
Sergey Ershov, 1 July 2016, 14:16 #usd/jpy
EUR/USD dropped quite a bit on Brexit but showed some strength as well. It could further fall, say the people at BNP Paribas: Here is their view, courtesy of eFXnews: The still-elevated level of GBP volatility renders downside GBP structures very expensive after last Thursday’s UK referendum...
Trading Systems
  • 41
Sherif Hasan, 1 July 2016, 13:31
One week after the big Brexit crash and as a new quarter begins, it is time to lift our heads from the near term and look forward...
Forecasts
  • 100
Sherif Hasan, 1 July 2016, 13:28 #GBP/USD
Not all is bad in the UK: manufacturing PMI has jumped to 52.1 points, showing growth in this beleaguered sector. The survey was made before the Brexit vote and therefore may be somewhat outdated...
Currency
  • 61
  • 1
Sherif Hasan, 1 July 2016, 13:27 #support
EURUSD Daily Analysis EURUSD (1.109): EURUSD formed an outside bar on the daily session yesterday after QE and rate cut comments from the BoE Governor, Carney. The price action from the past three days shows a kind of consolidation taking place near the minor resistance level at 1...
Trading Systems
  • 57
  • 1
Sherif Hasan, 1 July 2016, 13:26 #xauusd, technical analysis
The Australian and New Zealand dollar both weathered the Brexit quite well, but this may not be the end...
Trading Systems
  • 91
  • 1
Sherif Hasan, 1 July 2016, 13:22
GBP/USD resumed its falls on Carney’s speech but there may be more to come, with sterling not falling alone: Here is their view, courtesy of eFXnews: Despite the sharp fall in GBP so far, we still see it as vulnerable to further declines...
Trading Systems
  • 50
  • 1
Sherif Hasan, 1 July 2016, 13:21
Carny made a special appearance and offers easing during the summer as a reaction to Brexit. He makes a heavy hint that they will take a decision in August. This speech was scheduled only yesterday and is seen as part of the damage control. GBP//USD slips to 1.3330. Update: it already slips to 1...
Trading Systems
  • 79
  • 1
Sherif Hasan, 1 July 2016, 13:19 #support
No surprises with Canada’s GDP: a rise of 0.1% month over month. Producer prices in Canada jumped by 1.1% m/m, much more than 0.4% predicted but remained negative at -1.1% y/y. USD/CAD remains stable. The Canadian economy suffered from the fall in oil prices but the economy is quite diverse...
Trading Systems
  • 44
  • 1
Sherif Hasan, 1 July 2016, 13:17