All Blogs

To add a new post, please log in or register
EUR/USD: Bullish: Above 1.1375 would open up the way for 1.1495. The bullish EUR phase that started on 11 Mar is still intact even though we are faced with strong resistance at 1.1375 (high in early December 2015). Only a clear break above this level would open up the way for a move to 1.1495...
There is no trade call for the session. We expect trading to be light until UK CPI tomorrow. As always to kick-start the week I suggest reading my currency update below...
Currency
  • 26
Sherif Hasan, 21 March 2016, 09:06
A new week in #Forex is not as intense as the two previous ones. The market will focus mainly on statistics from the USA, in which traders will be looking for confirmation of the U.S. economy recovery. Find out more by checking out the Source Link...
Analytics & Forecasts
  • 25
Vistabrokers CIF Ltd, 21 March 2016, 08:53 #Trading, forex
Daily Analysis of Major Pairs for March 21, 2016 EUR/USD: The EUR/USD pair broke upwards last week, moving north by 280 pips on Wednesday and Thursday. The market could continue going upwards but there is a possibility that the bears might come in and push the price downwards...
Analytics & Forecasts
  • 20
  • 1
Roberto Jacobs, 21 March 2016, 08:31
Stronger Dollar is Out of the Question for Now - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the term ‘Currency Wars’ was used by Brazil’s erstwhile Finance Minister, Guido Mantega, in September 2010 in response to moves by some (Asian) countries to resist upward pressu...
Market News
  • 22
  • 1
Roberto Jacobs, 21 March 2016, 08:24
EUR/USD Forecasts: Focus on Risk Trends – UOB and Danske Bank EUR/USD has started the week on a weak note, coming down from recent tops above the 1.1300 handle to the current 1.1265/60 band...
Analytics & Forecasts
  • 76
  • 1
Roberto Jacobs, 21 March 2016, 08:21
Dovish Central Banks Support Global Financial Markets – Danske Bank Research Team at Danske Bank, suggests that the world’s major economies have held central bank meetings during March and across the central banks there has been a convergence in sending a common message that it is appropriate to...
Market News
  • 22
  • 1
Roberto Jacobs, 21 March 2016, 08:19
EUR/GBP in Highs Above 0.7800 The now softer tone around the sterling is allowing EUR/GBP to clinch session highs in the 0.7810/15 band. EUR/GBP attention to risk trends The cross is looking to recover part of last week’s drop to the mid-0...
Currency
  • 69
  • 1
Roberto Jacobs, 21 March 2016, 08:16
Fed: Back to Old Habits? - ANZ Research Team at ANZ, suggests that with the benefit of a couple more days and the fact that markets have settled somewhat, it is little easier now to reflect on the Fed’s decision and surprise dovishness last week...
Market News
  • 100
  • 1
Roberto Jacobs, 21 March 2016, 08:14 #Fed
Gold drops below hourly 100-MA Gold prices failed to sustain above 10-DMA and fell below hourly 100-MA level of 1247.84 levels despite drop in the US treasury yields. Drops to $1240 Prices printed a session low of $1240/Oz in early Europe and now continue to trade around $1242 levels...
Metals
  • 67
  • 1
Roberto Jacobs, 21 March 2016, 08:10 #gold
GBP/USD: Sell-off to Gather Pace at London Open? GBP/USD is now trading with moderate losses with traders fearing an early wobble in London following Duncan Smith’s resignation over the weekend. Politics back in focus Iain Duncan Smith’s resignation is a big loss to Cameron...
Analytics & Forecasts
  • 33
  • 1
Roberto Jacobs, 21 March 2016, 08:07
US: Existing Home Sales and Fed’s Locker Speech in Focus - TDS Research Team at TDS, suggests that the US economic calendar is quite thin...
Market News
  • 26
  • 1
Roberto Jacobs, 21 March 2016, 08:05
EUR/USD Stays Below Key Fibo Level, Awaits German BUBA Report The EUR/USD founds bids around 1.1250 in early Asia, but lacks momentum to test/take out 1.1293 (23.6% of May 2014 high-Mar 2015 low). The currency pair trimmed gains from 1.1285 to trade around 1.1270 levels. Strong support around 1...
Market News
  • 20
  • 1
Roberto Jacobs, 21 March 2016, 08:02
JPY: Why won’t it Fall? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the rebound in risk appetite since the middle of February has allowed the DJIA to recoup all of the losses registered at the start of the year...
Currency
  • 46
  • 1
Roberto Jacobs, 21 March 2016, 07:59
CAD/CHF Faces Strong Support at 0.7400, Break Below Targets 0.7285 Major support – 0.7400 (trend line joining 0.7333 and 0.7363) The pair has declined till 0.7414 and slightly recovered from that level. It is currently trading around 0.7423. Short term trend is weak as long as resistance 0...
Analytics & Forecasts
  • 39
  • 1
Roberto Jacobs, 21 March 2016, 07:41
Fundamentals to Watch Out for This Week Compared to last two weeks, this week isn’t that risk heavy but events lie which could act as forward guidance...
Market News
  • 34
  • 1
Roberto Jacobs, 21 March 2016, 07:37
Canadian Dollar Slides Against Majors The Canadian dollar weakened against the other major currencies in the Asian session on Monday. The Canadian dollar fell to 4-day lows of 1.3070 against the U.S. dollar, 85.11 against the yen and 1.4743 against the euro, from last week's closing quotes of 1...
Currency
  • 29
  • 1
Roberto Jacobs, 21 March 2016, 07:32
UK House Prices Climb For Third Month: Rightmove The average asking price for a house in the United Kingdom increased for the third straight month in March, the latest survey from Rightmove revealed on Monday. House prices in England and Wales climbed 1.3 percent month-over-month in March...
Market News
  • 14
  • 1
Roberto Jacobs, 21 March 2016, 07:31
Daily Analysis of USDX for March 21, 2016 USDX is being supported by the 94.69 level, where a lower low pattern formation is seen on the H1 chart. The 200 SMA on this timeframe is bearish and that scenario is still favored for at least during this week...
Analytics & Forecasts
  • 31
  • 1
Roberto Jacobs, 21 March 2016, 07:28
Daily Analysis of GBP/USD for March 21, 2016 The pair is currently working out a strong intraday bullish bias on the H1 chart, as it has been trading above the support level of 1.4423, which remains stable as a strong demand zone in a short-term basis...
Analytics & Forecasts
  • 24
  • 1
Roberto Jacobs, 21 March 2016, 07:25