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The minutes of the latest Federal Open Market Committee meeting released on Wednesday showed a wide support for the decision to include a reference to the next meeting in the statement. However, members generally agreed it was prudent to wait to hike rates until it had more information...
On Thursday the yen gained in Asia as the the trade balance slid into positive territory and market players looked ahead to the Bank of Japan's latest policy views...
United Overseas Bank made a forecast for EUR/USD telling that the price will be closed on intermediate low: "The quick rebound from the overnight low of 1.0615 suggests that EUR/USD is likely close to making an interim low." Let's evaluate intra-day situation from the technical point of voew...
EUR/JPY: weekly breakdown. This pair is on bearish market condition located near and below Ichimoku cloud in the primary bearish area of the chart. The price is ranging within the following key reversal support/resistance levels: 141...
GOLD: The commodity halted its weakness to close slightly lower on a rejection candle on Wednesday. This development has left GOLD targeting further recovery higher possibly towards the 1085.11 level. It was seen heading higher during early Thursday trading session...
The Reserve Bank of Australia said its currency’s place as a global store of value will not be endangered after China's yuan enters International Monetary Fund reserves. Moreover, official data has indicated that the Aussie reserves rise as the currency slides...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/GBP, AUD/USD, and USD/CAD. EUR/USD: We remain bearish EURUSD and would sell rallies towards 1.0670/1.0700, with a stop above 1.0714, targeting 1.0570. EUR/GBP: Look to sell rallies up to 0.7045/50...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our bearish view was encouraged by the break below initial targets near 1.0660. Our next targets are towards 1...
Weekly price was bounced from 5008 key bullish reversal support to eb back to Ichimoku cloud for now so the price is on ranging area of the chart for the waiting for the direction of the trend...
U.S. stocks opened higher Wednesday ahead of minutes from the Federal Reserve. Market players were also evaluating data from the U.S. housing market, as well as comments from Federal Reserve officials...
W1 price is continuing with bullish breakout for trying to break 3.9864 resistance level from below to above for the breakout to be continuing...
Stocks in Europe mostly lost ground Wednesday, but kept their losses in check after a police raid in Paris that ended in two deaths...
What is the length of Australia's coastline? 12,500 km, 25,700 km or more? Well, the three answers are correct! It's weird but actually very simple to explain. It just depends on the size of the measuring stick...
EURUSD: With EUR extending its weakness to close and hold below the 1.0673 level on Tuesday, further downside pressure is envisaged. This will leave its key support located at 1.0519 level as its main target...
Click here to see previous forecast. EURUSD (15 min. chart) - forecast checking: EURUSD (1 hour chart) - forecast checking: EURUSD (4 hour chart) - forecast checking: EURJPY (15 min. chart) - forecast checking...
China's President Xi Jinping has tried to reassure investors that the country’s economy will keep growing despite a recent slowdown...
Trading recommendations and Technical Analysis – HERE! Today at 15:30 (GMT) US Department of Energy publishes data on changes in stocks of crude oil and petroleum products in the country over the last week...
Dear Traders, While the euro is clearly pointing downwards facing the 1.0620-area, the British pound showed its strength and climbed up to 1.5239 on a slight improvement in U.K. consumer prices. However, for sterling breakout-traders it was yet another day of loss making sideways moves...
Skandinaviska Enskilda Banken estimated the real bearish target for this pair as 1.0481 in the near future with stated that the price will be moved to 1.05/1.04 area soon. Let's evaluate the situation with the technical points of view...