All Blogs

To add a new post, please log in or register
EUR/USD, Weekly Forecast, May 16 - 20: Rebounding from Main Support 1.1355 with Possible Target on 1.1615 Main scenario: The pair is trading along an downtrend with target on 1.1215, that may be expected to continue, while pair is trading below resistance level 1.1370...
Analytics & Forecasts
  • 71
  • 2
Roberto Jacobs, 17 May 2016, 12:27
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, May 17th EUR/USD is still keeping its position above 1.13, trading modestly flat. Due to lack of fundamentals from Euroland, focus will remain on US macro releases...
Analytics & Forecasts
  • 18
EEAnalytics, 17 May 2016, 12:22
EURUSD: Faces Downside Pressure On Bear Pressure EURUSD: With EURUSD continuing to maintain its downside pressure, further downside pressure is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1150 level...
Analytics & Forecasts
  • 61
  • 2
Roberto Jacobs, 17 May 2016, 11:50
Crude Oil Prices Remain in the Limelight – Danske Bank Senior Analyst at Danske Bank Morten Helt has assessed the recent price action in crude oil...
Crude Oil
  • 94
  • 2
Roberto Jacobs, 17 May 2016, 11:48 #crude oil
EUR/USD Bearish, Eyes 1.1215 – UOB Analysts at UOB Group have turned bearish on EUR/USD, expecting a visit of 1.1215 in the near term. Key Quotes “We turned bearish EUR yesterday but highlighted that the downside potential is likely limited to 1.1215”...
Analytics & Forecasts
  • 34
  • 2
Roberto Jacobs, 17 May 2016, 11:45
EUR/USD Still Faces Downside Risks – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the likeliness of the pair to resume its downside. Key Quotes “EUR/USD has sold off towards and is seeing a small rebound from the 1.1279 55 day ma”...
Analytics & Forecasts
  • 42
  • 2
Roberto Jacobs, 17 May 2016, 11:43
Why Should Oil Bulls be Cautious? Production drop in United States to 8.8 million barrels/day, close to 1.8 million per day production drop in Canada due to wildfire and outages in countries like Libya, Nigeria is fuelling the rise in oil prices. WTI is currently trading at $48...
Crude Oil
  • 42
  • 1
Roberto Jacobs, 17 May 2016, 11:35
It seems that patience of the bulls in #GPBUSD wore out, as they show serious intentions to leave the familiar area 1.4350-1.4500. Based on the current dynamics and the overall technical picture, there is a possibility of an uptrend resumption. Find out more by checking out the Source Link...
Analytics & Forecasts
  • 54
Vistabrokers CIF Ltd, 17 May 2016, 11:33 #Trading
It is a serious obstacle on the way of bulls in #USDJPY. At the same time, it can be passed today, given a significant activity in the last few hours. Today's U.S. statistics may have a decisive influence on the future dynamics of the pair. Find out more by checking out the Source Link...
Analytics & Forecasts
  • 63
Vistabrokers CIF Ltd, 17 May 2016, 11:30 #Trading
Summary : Target Level : 0.7423 Target Period : 3 days Analysis : Falling Wedge has broken through the resistance line at 17-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 0.742...
Charts
  • 47
Lahcene Ouled Moussa, 17 May 2016, 11:14
Ahead we have UK CPI from which could be a major mover with US CPI later in the NY session. EURGBP long was stopped out on pound strength along with the recent Brexit poll that showed 55% to stay versus 40% to leave...
Currency
  • 24
Sherif Hasan, 17 May 2016, 09:17
The dollar weakened Monday against the euro and a host of other rivals after Federal Reserve data showed a decline in New York-area manufacturing activity. The euro EURUSD, +0.1945% rose to $1.1331 in recent trade, up from $1...
Currency
  • 37
Francis Dogbe, 17 May 2016, 08:49
Australian Bonds Slump on Firm Risk Sentiments The Australian government bonds slumped Tuesday on tracking overnight rally in crude oil prices and equities market...
Market News
  • 30
  • 1
Roberto Jacobs, 17 May 2016, 08:47
Home Prices in Canada Likely to Climb at a Double-Digit Pace in 2016 In April, Canada’s existing home sales was up 3.1%, reaching the highest level for the April month. The sales-to-listings ratio climbed to 64.5. The average existing home price grew 13.2% y/y...
Market News
  • 36
  • 1
Roberto Jacobs, 17 May 2016, 08:45
#AUDUSD soared after the Reserve Bank of Australia's meeting minutes, as they showed less "dovish" sentiment than the market expected. There is also another factor supporting the #Aussie. Find out more by checking out the Source Link...
Australia Weekly Consumer Confidence Ticks Up, Sharp Views on Economic Outlook Supports Australia weekly consumer confidence for the week ending May 15 ticked higher for the third straight week, remaining well above its long run average, highly driven by sharp consumer views on the outlook of the...
Currency
  • 47
  • 1
Roberto Jacobs, 17 May 2016, 08:38
FxWirePro: Pound Likely to Drop 500 Pips Against Yen, If It Fails to Clear 159 - Trade Idea Pound is likely to face the fury of fear, surrounding Brexit, as the referendum closes in. There isn’t much economic data or news that bulls can chew to keep up...
Analytics & Forecasts
  • 53
  • 1
Roberto Jacobs, 17 May 2016, 08:34
FxWirePro: Gold Faces Strong Support at $1270, Good to Buy at Dips Major support - $1270 (10 day EMA) The yellow metal has once again retreated after making a high of $1288...
Analytics & Forecasts
  • 31
  • 1
Roberto Jacobs, 17 May 2016, 08:26
Hello Friends, Let’s see today’s trading idea: ( You can open position instantly or can place pending): Gold sell 1276 sl 1291 tp 1262 EurUsd sell 1.1315 sl 1.1365 tp 1.1220 EurAud sell 1.5405 sl 1.5465 tp 1.5300...
Analytics & Forecasts
  • 29
Pankaj D Costa, 17 May 2016, 08:26
FxWirePro: NZD/USD Deflates from 0.6840 Levels on RBNZ Inflation Expectations NZD/USD sold-off following the release of New Zealand’s RBNZ Q2 inflation expectations gauge. Kiwi bulls unimpressed by a slightly better RBNZ Q2 2-year inflation expectations reading, coming in at 1.64% versus 1...
Analytics & Forecasts
  • 24
  • 1
Roberto Jacobs, 17 May 2016, 08:24 #nzdusd