Download MetaTrader 5
To add a new post, please log in or register
EUR/USD: Greenback Battles Back - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the American dollar fell to fresh yearly lows against most of its major rivals this Tuesday, as poor manufacturing data coming from China revived concerns over a global economic slowdown...
Analytics & Forecasts
  • 37
  • 1
Roberto Jacobs, 4 May 2016, 00:43
EUR/USD Finds Support at 1.1500 The decline of the EUR/USD pair from 1.1615, the highest level since August.2015, found support at the 1.1500 handle. The euro started to pullback and accelerated to the downside on American hours amid a stronger US dollar across the board...
Analytics & Forecasts
  • 29
  • 1
Roberto Jacobs, 4 May 2016, 00:40
GBP/USD: Further Declines to Follow to 1.4370 - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that following an advance to 1.4769, a fresh 4-month high, the GBP/USD pair plunged to 1.4530". Extra related reading: Brexit Countdown: the "Has Britain Got Talent...
Analytics & Forecasts
  • 34
  • 1
Roberto Jacobs, 4 May 2016, 00:36
Brexit Countdown: The "Has Britain Got Talent?" Edition Traders got back from a long weekend in London earlier today after May Day celebrations and spring festivals...
Analytics & Forecasts
  • 44
  • 1
Roberto Jacobs, 4 May 2016, 00:19
Today’s rate cut by the RBA goes beyond risk management, argues Deutsche Bank. "It marks a shift in the near-term target from unemployment to inflation. Given stagnant wage growth, the exchange rate will need to do the grunt work in getting core inflation from 1.5% back above 2...
Analytics & Forecasts
  • 49
  • 1
Vasilii Apostolidi, 3 May 2016, 22:59
The DXY $ Index, which has a higher EUR weighting, has briefly declined below the key support at 92.62/25 where fresh buying has been found, notes Credit Suisse. "Resistance for a recovery is pegged at 93.92 initially. Only above 95.20 would mark a near-term base," CS argues...
Analytics & Forecasts
  • 45
  • 1
Vasilii Apostolidi, 3 May 2016, 22:58
EUR/JPY: We have turned neutral in the short-term and would prefer to fade upticks or re-establish a bearish view on a break below 121.55 lows. Our downside targets are towards 119.90, near the monthly cloud base and then 118.75/115.35...
Analytics & Forecasts
  • 57
  • 1
Vasilii Apostolidi, 3 May 2016, 22:56 #forex
For the last six months, US real yields have been falling relative to those in the Eurozone and (even more sharply) in Japan...
Analytics & Forecasts
  • 48
  • 1
Vasilii Apostolidi, 3 May 2016, 19:16 #forex
Summary : Target Level : 106.26 Target Period : 5 hours Analysis : Channel Down identified at 03-May-08:30 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 106.26 within the next 5 hours...
Charts
  • 48
Lahcene Ouled Moussa, 3 May 2016, 18:26
Previous week, we wrote USDJPY: "Sneaky" Wave 4 Managed to Trap Us Again!, and stated that 105...
In our previous week's post, GBPUSD: Possible End of Bullish Rally!, we laid out 2 possible scenarios regarding the last wave of the possible C. We believed that wave 5 of C would turn out to be an Ending-Diagonal (ED) that would target the upper-bound of the channel...
Analytics & Forecasts
  • 38
  • 1
AynGannRand, 3 May 2016, 17:21
In our last article on USDCAD, USDCAD: Looking for the "Capitulation of the Capitulated"!, we discussed a potential last move to new lows and even though USDCAD made a new low, we are still not convinced that the bottom is in place...
Falling Wedge identified at 02-May-22:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.767 within the next 11 hours. Resistance Levels : ( B ) 0.7668Last resistance turning point of Falling Wedge. Support Levels ( A ) 0...
Charts
  • 49
  • 1
Lahcene Ouled Moussa, 3 May 2016, 11:10
The dynamics of #USDCAD continues to show all signs of a downtrend. Among the main reasons of it still stands the recovery in oil prices, as well as the general trend of the U.S. currency weakening. Find out more by checking out the Source Link...
Bulls in #GPBUSD are not satisfied with what has already been achieved. The movement resumed with renewed vigor. Climbing develops within clearly designated price channel. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Welcome to my "Strength and Comparison" article for the coming month, the article "Ranking, Rating and Score" has also been published for this month. For analyzing the best pairs to trade looking from a longer term perspective the last 12 months Currency Classification can be used in support...
Welcome to my "Ranking, Rating and Score" article for the coming month, the article "Strength and Comparison" has also been published...
The disappointing US Manufacturing ISM yesterday underscored the soft USD environment of late and sent the trade weighted dollar back to the levels of the end-2014/start-2015...
Analytics & Forecasts
  • 34
Batur Asmazoglu, 3 May 2016, 09:59
The #RBA cut the key interest rate to heat up the economy and inflation. What was the reaction of the #Aussie and other currencies in #Forex? Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
After a wide upthrust bar, also marked as heavy supply, on last Wednesday, the Yen broke the support at 107.62 the day after. It broke with healthy volume, and the prices only stopped downtrending on a reverse upthrust, and later a churn, which are volume patterns that show demand...
Analytics & Forecasts
  • 73
  • 1
Leonardo Barata, 2 May 2016, 23:09 #breakout