All Blogs

To add a new post, please log in or register
USDCHF Daily Forecast: March 07 2016 USDCHF Forecast The USDCHF was indecisive last week. The bias is neutral in nearest term but as long as stays below 1.0000/35 I still prefer a bearish scenario at this phase targeting 0.9820 area. Immediate resistance is seen around 0.9955...
Analytics & Forecasts
  • 27
  • 2
Roberto Jacobs, 7 March 2016, 04:43 #usdchf
GOLD: With GOLD closing higher the past week (see weekly chart), further strength is expected. However, while it trades below the 1263.00/1279.00 resistance zone, risk of a move lower is likely. On the downside, support comes in at the 1250.00 level where a break will turn attention to the 1240...
Analytics & Forecasts
  • 32
FXTechstrategy Team, 7 March 2016, 03:59
The Bank of Canada doesn’t target the exchange rate. But it has in the past year set down some fairly significant goalposts. At its last meeting, in January, a key reason why Governor Poloz didn’t cut was how far and fast the currency had weakened...
Analytics & Forecasts
  • 127
Vasilii Apostolidi, 6 March 2016, 23:01 #forex
Data in this report cover up to Tuesday Mar 1 & were released Friday Mar 4. IMM data for the week through March revealed the first pick up in aggregate long USD positioning since mid-January and the first meaningful jump in overall USD bullish positioning since mid-January...
Analytics & Forecasts
  • 401
  • 1
Vasilii Apostolidi, 6 March 2016, 21:56 #forex
Here’s the market outlook for this week:: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Bearish As previously mentioned, EURUSD has been making some bullish attempts, but were not significant enough to render the bearish bias invalid...
Analytics & Forecasts
  • 66
  • 4
1246536 Ernest G., 6 March 2016, 21:04
EUR: Risk Events Galore – EU + ECB. Bearish. We remain bearish on EUR and are seeing rising political risks as providing further evidence for the currency to weaken. Near term, the risk rally will add to downward EURUSD pressure, supported further by foreign corporate borrowing in EURs...
Analytics & Forecasts
  • 73
  • 1
Vasilii Apostolidi, 6 March 2016, 19:35 #forex
To make it short and painful: there is no perfect trading strategy and how well you can deal with losses will determine your future success as a trader – more than your actual trading strategy will...
Trading Ideas
  • 110
  • 1
Francis Dogbe, 6 March 2016, 19:18
A British decision to leave the European Union would be “poison” for the UK, European and global economies that would last for years, the German finance minister has said...
Market News
  • 92
Francis Dogbe, 6 March 2016, 19:11
EUR/USD: Wave analysis and forecast for 04.03 – 11.03: Uptrend continues. Estimated pivot point is at the level of 1.0820. Our opinion: Buy the pair from correction above the level of 1.0820 with the target of 1.15 – 1.16...
Analytics & Forecasts
  • 74
  • 1
  • 2
Roberto Jacobs, 6 March 2016, 18:59
Forecast of movement of currency indexes next week 07.03 -13.03.2016. 1.GBP index strengthened to 39 and almost walked right up to the Japanese, second target after the Japanese will USD. GBPJPY buy, GBPUSD buy. 2. Strangely behaved Pacific Fleet AUD NZD, instead of falling...
Analytics & Forecasts
  • 46
Alexander Pryakha, 6 March 2016, 18:49
The week ahead is dominated by the Reserve Bank of New Zealand’s (RBNZ) rate meeting on Wednesday March 9. The central bank has the highest base lending rate in the G10 at 2.50%, which makes it a target for carry traders, seeking yield...
Analytics & Forecasts
  • 30
Vasilii Apostolidi, 6 March 2016, 18:37 #forex
The uncertainty surrounding the 2016 EU referendum has resolved itself into a downside bias for the UK currency and those watching markets should be aware that the exchange rate is susceptible to poll results either way until the referendum...
Analytics & Forecasts
  • 37
Vasilii Apostolidi, 6 March 2016, 18:35 #forex
EAs can assist traders and here are the results to prove it. It was Non Farm Payroll on Friday but our EA did not know that. As traders, we avoid trading during high volatile news but our EA may not be smart enough to avoid the news...
Trading Systems
  • 113
Winsor Hoang, 6 March 2016, 18:04
This is the article "Forex Ranking and Rating list" for the coming week, the article Currency Score has also been published this weekend...
EURUSD: Having EUR closed higher the past week, it now looks to strengthen further in the new week. On the downside, support is located at the 1.0950 level and if violated, expect more weakness to happen towards the 1.0900 level. Further down, support lies at the 1...
Analytics & Forecasts
  • 57
FXTechstrategy Team, 6 March 2016, 15:13
The US dollar fell against all the major and most of the emerging market currencies last week. Risk appetites have been rekindled, and the yen has gone from the best performer in recent weeks to the worst over the past week. Major equity markets advanced for the third week...
Market News
  • 70
Francis Dogbe, 6 March 2016, 09:35
Seven years ago on Saturday (5 March), the Bank of England slashed interest rates to a record low of 0.5%. At the time, the cut and plans to pump billions of pounds of electronic money into the economy seemed like an emergency measure to cushion the UK from the global financial crisis...
Market News
  • 105
Francis Dogbe, 6 March 2016, 09:02 #QE
USDCHF: The pair closed lower after losing upside momentum the past week. This development leaves the pair targeting further weakness in the new week. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0...
Analytics & Forecasts
  • 85
FXTechstrategy Team, 6 March 2016, 03:00
The pound sterling's recovery remains intact with the currency managing to hold itself above crucial support levels against both the dollar and euro. The pound has enjoyed its best weekly performance against the euro since October 2015 having moved from a minimum at 1.2661 to close at 1.2934...
Analytics & Forecasts
  • 98
Vasilii Apostolidi, 5 March 2016, 23:35 #forex
How to Trade Commodity Channel Index (CCI) in Forex Commodity Channel Index (CCI) is an oscillator introduced by Donald Lambert in 1980. Though its name refers to commodities, it can also be useful in equities and currency trading as well. CCI measures the statistical variation from the average...
Trading Systems
  • 249
  • 7
Mohammad Soubra, 5 March 2016, 22:53