Download MetaTrader 5

All Blogs

To add a new post, please log in or register
The Federal Reserve will likely raise interest rates this year before markets currently expect since risks to the U.S. economy from abroad are fading, a top Fed official said on Monday. In a confident-sounding speech for a typically dovish U.S...
Analytics & Forecasts
  • 44
Francis Dogbe, 5 April 2016, 02:21 #Fed
Valeria Bednarik, chief analyst at FXStreet explained that the GBP/USD pair rose early Europe, with no clear catalyst behind the move, as the only piece of data release in the UK was the construction PMI for March, which resulted at 54.2, unchanged from February...
Analytics & Forecasts
  • 50
  • 1
Vasilii Apostolidi, 4 April 2016, 23:16 #GBP/USD
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are neutral. Friday’s ‘‘doji’’ candle warns of a top...
The Japanese yen held a firm tone versus the dollar Monday, with dollar-yen nearing key support around Y111.00, despite inflation data released earlier suggesting scope for new Bank of Japan easing action at the conclusion of its two-day meeting on April 28...
Analytics & Forecasts
  • 41
  • 1
Vasilii Apostolidi, 4 April 2016, 23:06 #usd/jpy, forex
Last week, two separate confidence surveys reconfirmed our view that a dichotomy has emerged between the weak agriculture sector, in particular dairy, and the strong services and construction sectors...
Analytics & Forecasts
  • 36
  • 1
Vasilii Apostolidi, 4 April 2016, 22:55
Greece could again face the threat of being pushed into default and out of the euro if its current bailout review drags on into June and July, according to European officials monitoring the slow progress of Prime Minister Alexis Tsipras’s negotiations with creditors...
Market News
  • 43
  • 1
Francis Dogbe, 4 April 2016, 22:52
The secret ingredient if you want to become a full time trader – what nobody talks about Rolf - Tradeciety...
Trading Ideas
  • 77
  • 1
Francis Dogbe, 4 April 2016, 22:51 #Trading
Imre Speizer, analyst at Westpac Banking Corporation offered a three month outlook for NZD/USD. Key Quotes: "We expect NZD/USD to be lower at 0.65 by mid-2016, based on a combination of a 25bp lower OCR and 25bp higher US Fed Funds rate, plus soft NZ commodity prices...
Analytics & Forecasts
  • 30
  • 1
Vasilii Apostolidi, 4 April 2016, 22:50
All of the three major US indexes closed in the red in a lackluster session, as falling oil prices hurt investors' sentiment, while poor US factory orders sent industrial and consumer-discretionary companies lower. The Dow Jones Industrial Average shed 55 points, or 0.31%, to end at 17,737...
Analytics & Forecasts
  • 38
  • 1
Vasilii Apostolidi, 4 April 2016, 22:48
Shaun Osborne Chief FX Strategist at Scotiabank explained that sterling looks soft but not soft enough, yet, that we would concerned about a sharp slide in the market...
Analytics & Forecasts
  • 27
  • 1
Vasilii Apostolidi, 4 April 2016, 22:43
EUR/GBP may remain steady in April due to seasonal effects, however, Brexit inspired volatility could push up the pair above 0.80 in the run up to the referendum. The UK public will vote to stay in the EU and the pound will rise back to 0...
Analytics & Forecasts
  • 31
  • 1
Vasilii Apostolidi, 4 April 2016, 22:35 #forex
The Nikkei 225 closed the day at 16,123.27, down by 40 points, and into the red for fifth consecutive day, as the Japanese yen kept appreciating against most of its major rivals...
Analytics & Forecasts
  • 60
  • 1
Vasilii Apostolidi, 4 April 2016, 22:31 #Nikkei
Valeria Bednarik, chief analyst at FXStreet, explained that majors held within limited ranges this Monday, but the American dollar retained the negative tone, ending the day down against most of its major rivals, although commodity-related currencies were under pressure amid another negative day...
Analytics & Forecasts
  • 28
  • 1
Vasilii Apostolidi, 4 April 2016, 22:30
Valeria Bednarik, chief analyst at FXStreet explained the poor performance of stocks alongside with commodities' weakness, resulted in an increased demand for the Japanese yen at the beginning of the week...
Analytics & Forecasts
  • 40
  • 1
Vasilii Apostolidi, 4 April 2016, 22:28
Pound's demand helped the GBP/CAD cross to recover some ground this Monday, with the critical 1.8500 support level still holding...
Analytics & Forecasts
  • 18
  • 1
Vasilii Apostolidi, 4 April 2016, 22:27
NZD/USD has continued to drift lower below the 0.69 handle from where the price dumped to 0.6833 previous lows...
Analytics & Forecasts
  • 22
  • 1
Vasilii Apostolidi, 4 April 2016, 22:25
Crude oil prices came under renewed selling pressure on news that Iran would continue to increase its oil production to reach the market position it enjoyed before the sanctions, diminishing hopes of an output freeze deal amongst OPEC and non-OPEC producers...
Analytics & Forecasts
  • 31
  • 1
Vasilii Apostolidi, 4 April 2016, 22:24
Gold prices remained under pressure at the beginning of the week, with spot falling below $1,215 an ounce...
Analytics & Forecasts
  • 32
  • 1
Vasilii Apostolidi, 4 April 2016, 21:26 #gold
Technical Outlook: AUDUSD reversed off slope resistance last week with the broader long-bias at risk near-term heading into tonight’s Reserve Bank of Australia (RBA) interest rate decision. The pair is now testing support at 7590-7606- a region defined by the 61...
Analytics & Forecasts
  • 60
  • 1
Vasilii Apostolidi, 4 April 2016, 21:14
In the past three weeks, we have seen a bit of ‘a perfect storm’ against our call for a weak Euro...
Analytics & Forecasts
  • 41
  • 1
Vasilii Apostolidi, 4 April 2016, 21:04 #forex