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Dear Traders, The U.S. dollar remained well bid against the euro and British pound Tuesday. Eurozone consumer prices failed to show any increase, hence the inflation rate remains far below the ECB's 2 percent target, a fact that should keep the euro under pressure...
Analytics & Forecasts
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maimarfx, 6 January 2016, 12:25 #GBP/USD, EUR/USD
Pre US Open, Daily Technical Analysis Wednesday, January 06, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.0775 Most Likely Scenario: short positions below 1...
Charts
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Mohammad Soubra, 6 January 2016, 12:20
The gold price made a breakout above the short-term triangle pattern yesterday, but buyers were not strong enough to push the price towards $ 1,100. There is a high probability that gold is in a corrective phase since there is no clear upward impulsive moves seen...
Charts
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Lahcene Ouled Moussa, 6 January 2016, 10:33
Geo-political tensions increase It’s the yen that has really run away to the upside so far this week (and year), but at the other end of the scale, it’s mostly the commodity currencies that have struggled on the majors...
Analytics & Forecasts
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Mohammad Soubra, 6 January 2016, 10:27
Luxury goods sector is collapsing under the blows of social justice Given what ails the European continent from the lack of equality of opportunity and the unemployment rate exceeds 10%, their governments take a decision to grant a basic salary for all citizens to enable them to repay all their m...
Forecasts
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Mohammad Soubra, 6 January 2016, 09:58
#Oil lost positions achieved earlier and fell to 11-year lows again amid oversupply and declining demand. Recall that on Monday and Tuesday #quotations were supported with the conflict in the Middle East. Find out more by checking out the Source Link...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 6 January 2016, 09:57 #Trading, forex
Fed exhibits a tough path resulting in a sharp fall in global bond Foundation 2016 will see the end of the head of the US Federal Reserve Janet Jelen to raise interest rates in great shape through a series of harsh steps, which will result in the movement of heavy selling in all major bond market...
Forecasts
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Mohammad Soubra, 6 January 2016, 09:52
Silver breaks the limitations of gold to rise by 33% Confidence back to the silver during 2016, up to the value of this precious metal by one-third of its current value, spends ahead with other metals ranged place...
Forecasts
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Mohammad Soubra, 6 January 2016, 09:48
Olympics give a strong boost recovery emerging markets, led by Brazil You will see Brazil bounced back in terms of investor sentiment as a result of the growing stability, and investment spending on the Olympic Games, and the reforms modest in the country, as well as the increase in emerging mark...
Forecasts
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Mohammad Soubra, 6 January 2016, 09:44
Russian ruble rise by 20% by the end of 2016 With the end of 2016, the Russian ruble will rise by nearly 20% compared to the dollar-euro basket, as a result of rising demand for oil and the slow pace of the US Federal Reserve to raise interest rates...
Forecasts
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Mohammad Soubra, 6 January 2016, 09:40
EUR choppy but weaker in 2016: 2015 was the year when the Euro finally weakened, but not on a smooth path. Looking ahead, we remain bearish on EUR, but expect the path to remain choppy. We project the EUR/USD to weaken to 0.95 by end-2016...
Analytics & Forecasts
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Francis Dogbe, 6 January 2016, 09:38
06 January 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:30 Services PMI GBP High 55.9 55.6 Neutral 13:15 ADP Non-Farm Employment Change USD High 217K 193K Negative 13:30 Trade Balance USD High -43.9B -44...
Analytics & Forecasts
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Mohammad Soubra, 6 January 2016, 09:34
Rising value of the euro relative to the dollar of 1.23 European continent is witnessing at the present time a large surplus in the current account, it is assumed decline in inflation, from an economic standpoint College, that enhances the strength of its currency does not weaken it...
Forecasts
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Mohammad Soubra, 6 January 2016, 09:11
"OPEC" re-crisis price of oil to $ 100 a barrel The price of crude oil basket fall of "OPEC" to the bottom of the lowest since 2009, the organization and live a growing tension between the members of the wealthy and less wealthy, including about increasing production strategy...
Crude Oil
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Mohammad Soubra, 6 January 2016, 09:07
Asian #stock #markets were mostly declining after the release of the weak data on Services #PMI in Australia and then China. #AUD is also under pressure after the weak statistics. Financial markets remain under stress due to the conflict in the Middle East...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 6 January 2016, 08:39 #Trading, forex
Pre European Open, Daily Technical Analysis Wednesday, January 06, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: key resistance at 1.08. Pivot: 1...
Analytics & Forecasts
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Mohammad Soubra, 6 January 2016, 08:13
Activity in China’s services sector — the biggest contributor to gross domestic product — expanded at its slowest pace in 17 months in December, according to a closely-watched private survey, an indication of headwinds faced by China in its shift toward a more service-oriented economy...
Events
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Mohammad Soubra, 6 January 2016, 07:46
The Minutes from the FOMC Meeting Will Unveil Policy Maker Insights Behind Historic Decision The U.S. Federal Reserve ended a seven year stretch of near zero rates with the first benchmark interest rate hike of 25 basis points on December 16, 2015...
Events
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Mohammad Soubra, 6 January 2016, 07:41
A 300 pip target is perhaps a conservative objective, all things considered. However, the 82.10 handle is the 2015 low and is therefore sure to attract buyers if indeed we see a retest of the level in the coming sessions. What exactly has me thinking that such a move is likely, you ask...
Analytics & Forecasts
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Francis Dogbe, 6 January 2016, 05:55
What is Retail Supply Chain Management? State of the Retail Supply Chain 2016 Now we face the stage when we should get us a benchmark company for the parts of our product line in the mining service...
Market News
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Roger K Olsson, 6 January 2016, 02:18