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The 4-hour chart of the USD/CHF once again shows a minor supply signal, which, taking into account weak background of the market, may mean that the bearish trend will continue...
Charts
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Leonardo Barata, 29 February 2016, 21:13
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by Friday’s sell-off. We are looking for a move towards initial targets near 1...
Strong fundamentals still make the dollar one of the best bets for 2016, despite recent back-peddling by the Fed; as for the pound – Deutsche see mega-downside potential...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 20:26 #forex
Currency investors should consider selling NZD/USD this week, advises Morgan Stanley in its weekly FX pick to clients. MS' rationale is as follows: "In the stronger USD environment, the NZD would end up weakening the most...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 19:35 #forex
Happy Leap Day. EA can assist traders and here are the results to prove it. We closed only one profitable trade today at 20 pips profits, see screenshot below. You can download and check out our EA below. We are using the default setting of 8 EAs and fixed 0.1 lot. https://www.mql5...
Trading Systems
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Winsor Hoang, 29 February 2016, 19:25
USD/CHF Back to Square One 29 Februari 2016 5:46 PM USD/CHF completed a round trip to above the parity level as the dollar weakened versus the franc following disappointing Chicago PMI and pending home sales data. USD/CHF came under pressure and dropped all the way back to the 0...
Currency
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Roberto Jacobs, 29 February 2016, 19:09 #usdchf
USD/JPY has achieved our advocated target for rebound at 114 which corresponds with the down sloping channel limit and the 76.4% retracement from mid- February highs. USD/JPY confirmed a multi month H&S and is undergoing a retracement. Potential for the pattern is located at 106, also the 38...
The USD/CAD pair has breached key support from a long-term, major trend-line at roughly the 1.3600 level, increasing the probability of a continuation of the infant down-trend. The Canadian Dollar continues to strengthen against most majors, and breached a major trend-line versus the U...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 18:40
We take a balance of payments approach to measure the ‘what if’ impact of a UK exit from the EU on sterling. The UK’s current account deficit may improve in the wake of “Brexit.” The deficit is entirely down to the EU, with large negative balances in trade in goods and primary income...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 17:18
Global payments provider Associated Foreign Exchange (AFEX) expect the pressure on the pound to ease, although they are by no means bullish the currency yet...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 16:50
The $5.3-trillion currency market is getting harder for traders to make money in as price changes that once took months or weeks now happen more quickly, says Hugh Killen, Westpac Banking Corp.’s head of trading for foreign exchange, fixed income and commodities...
Other
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Francis Dogbe, 29 February 2016, 16:38 #Trading, forex
Currency investors should consider selling GBP/JPY this week, advises Credit Suisse in its weekly FX pick to clients...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 16:35
EURUSD ended Friday with a significant break, closing below channel support near 1.0950. This came after the pair failed to recover back above the 1.1060 handle after sliding below it last Monday...
Analytics & Forecasts
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Francis Dogbe, 29 February 2016, 16:32 #price action, Trading
With little, if anything, concrete coming out of an ineffective G20 summit over the weekend, financial markets have started to fall back again this morning...
Analytics & Forecasts
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Francis Dogbe, 29 February 2016, 16:27
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CAD. EUR/USD: After Friday's selloff, we prefer finding levels to get short. Look to sell into a squeeze above 1.0950, with a stop above 1.1035. USD/JPY: We think 113...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 15:59 #usd/cad, usd/jpy, GBP/USD
An order to sale #USDJPY was closed as the price has rebounded to the area of the red Alligator's line. Later the upward movement continued, and it has involved us to a long position. Find out more by checking out the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 29 February 2016, 15:58 #investing, forex
An order in #Gold from 1222.45 was closed almost at the opening level with a signal of a fractal crossing below the red Alligator's line. Here we opened a short position according to the System. Find out more by checking out the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 29 February 2016, 15:51 #investing, forex
This week the G10 FX Financial Scorecard recommends buying NOK, JPY and SEK while selling NZD, CHF and GBP Last week’s signals resulted in a 0.4% loss. In particular, the long GBP position was expensive, while the short NOK performed well...
Analytics & Forecasts
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Vasilii Apostolidi, 29 February 2016, 15:39
Pivot Points-Hourly Last Updated: Feb 29, 5:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08489 1.0867 1.08753 1.08851 1.08934 1.09032 1.09213 USD/JPY 112.708 112.925 113.038 113.142 113.255 113.359 113.576 GBP/USD 1.38026 1.38312 1.38486 1.38598 1.38772 1.38884 1.3917 USD/CHF 0.9988 1...
Market News
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soubra2003, 29 February 2016, 15:23
EUR-crosses Slump as Bar for ECB Action is Lowered Talking Points: - EUR/USD slides below $1.0900 on weaker than expected EZ CPI data. - EUR/CAD, GBP/CAD breaks lower in line with bottom potential in Crude Oil. - Risk management is the cornerstone of long-term success in trading - learn more...
Market News
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soubra2003, 29 February 2016, 15:20