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Kristoffer Kjær Lomholt, Analyst at Danske Bank, notes that according to the latest IMM data covering the week from 24 November to 1 December 2015, revealed that it was the sixth consecutive week of bearish EUR/USD builds...
Market News
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sathish kumar, 9 December 2015, 06:24
Jane Foley, Research Analyst at Rabobank, notes that since the start of the month EUR/GBP has recovered around 3.3% and the move is likely to have been greeted with some relief to BoE policy setters who have been viewing sterling strength as a headwind to UK economic activity...
Currency
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sathish kumar, 9 December 2015, 06:22 #eur/gbp
AUD USD, “Australian Dollar vs US Dollar” As we can see at the H1 chart, the market has formed the zigzag in the wave (y) and started a new descending impulse. On Tuesday, the pair may be corrected for a while and then continue falling...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 06:18
AUD USD, “Australian Dollar vs US Dollar” It's highly likely that Australian Dollar has finished the correctional wave 4. On the minor wave level, the pair has formed the double zigzag in the wave [y]. Possibly, in the future the market may fall in the wave (i...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 06:17
Risk-off sentiment extends into Asia on Wednesday, mainly due to the ongoing weakness in oil prices. As a result, the demand for safe-havens was on the rise while the risk-currencies traded in the red...
Market News
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sathish kumar, 9 December 2015, 06:13
AUD/NZD: bullish ranging near bearish reversal area. The pair is bullish on market condition: price is located above Ichimoku cloud in the primary bullish area of the chart within the following key support/resistance levels: 1...
Analytics & Forecasts
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Sergey Golubev, 9 December 2015, 06:11 #technical analysis
Research Team at NAB, suggests that although some of the risks hanging over global markets have abated, recent global economic growth and the outlook remains lacklustre...
Market News
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sathish kumar, 9 December 2015, 06:08
Research Team at BBH, notes that many observers conclude OPEC is dead. Oh, its demise has been claimed before, but after the oil cartel failed to provide a quota (output goal) in last week's statement, the claim has been given new life...
Crude Oil
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sathish kumar, 9 December 2015, 06:06 #OPEC
The Australia’s, Q3 GDP figures were consistent with their view that the recovery across the non-mining recovery is broadening, and recent business survey results suggest this momentum continued into Q4...
Market News
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sathish kumar, 9 December 2015, 05:37
Reported bitcoin 'founder' Craig Wright's home raided by Australian police Police have raided the home of an Australian tech entrepreneur identified by two investigations as one of the early developers of the digital currency bitcoin...
Market News
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sathish kumar, 9 December 2015, 05:24 #bitcoin
USD JPY, “US Dollar vs Japanese Yen” More detailed structure is shown on the H1 chart. It looks like the price is forming the third wave in the (v). On Tuesday, after completing the local correction, the market is expected to resume moving upwards...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 05:14
USD JPY, “US Dollar vs Japanese Yen” Probably, the market is still forming the wave (v). In the future, after finishing the current ascending impulse, the price may start a long bearish correction...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 05:10
GBP USD, “Great Britain Pound vs US Dollar” As we can see at the H1 chart, Pound has formed the zigzag in the wave (v) and the bullish impulse in the wave (a). In the nearest future, the price may continue forming the correctional wave (b...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 05:07
GBP USD, “Great Britain Pound vs US Dollar” After finishing the diagonal triangle, Pound started the correction. Later, the price formed the ascending impulse in the wave (a). Later, after completing the local correction, the pair may resume its growth in the wave (c...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 05:04
EUR USD, “Euro vs US Dollar” More detailed structure is shown on the H1 chart. After finishing the diagonal triangle in the wave [v], the pair has rebounded from its lower border and started the correction. On Tuesday, the market may continue forming the descending wave [b]...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 05:00
EUR USD, “Euro vs US Dollar” Probably, last week Eurodollar completed the descending impulse in the wave 3 or C. In the nearest future, the pair may continue forming the correctional wave [b], which may be followed by another bullish impulse in the wave [c] of 4...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:56
The stocks on the Asian bourses traded mixed on Wednesday, with the Japanese markets extending the previous sell-off on weaker cues from the Wall Street and European equities and lower oil prices...
Market News
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sathish kumar, 9 December 2015, 04:52 #Nikkei, China
NZD/USD extends its bearish momentum into a third-day today, with the renewed bout of selling interest triggered by negative sentiment on the Asian markets and China slowdown worries. NZD/USD heavy, heading towards Tuesday’s low Currently, the NZD/USD pair trades -0...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:41 #nzdusd
The bid tone around the EUR keeps growing bigger heading into mid-Asian trades, with EUR/USD storming through 1.09 barrier and printing fresh three-day highs. EUR/USD on its way to daily R1 at 1.0921 Currently, the EUR/USD pair rises 0.20% to fresh three-day highs of 1...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:34
USD/JPY met fresh supply just ahead of hourly 200-SMA at 123.02 and dropped sharply to fresh session lows near 122.80 region as risk-off moods persist, despite better than expected Chinese CPI data. USD/JPY eyes Tuesday’s low Currently, the USD/JPY pair trades -0...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:29 #Nikkei, usd/jpy