A new dash of #oil prices brought #USDCAD to the important support level. Its breakdown opens the way to further decline, but do not forget about the close support line of the medium-term uptrend. Find out more by checking out the Source Link...
#GPBUSD is consolidating near the current line of the descending price channel. It is recommended to close all existing positions and wait for new technical #Forexsignals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
EUR/USD: Neutral: Corrective pull-back could extend lower to 1.1060. There is not much to add as EUR/USD continues to drift lower and we continue to hold the view that the current pull-back has room to extend lower to 1.1060. A move above 1...
Minutes of the last #Fed meeting, released yesterday, did not surprise the markets. The members of #FOMC were talking about the increased risks and the inflation prospects. How the main currency pairs reacted to this publication? Find out more by checking out the Source Link...
There is no trade call for the session. Ahead the European calendar is light aside from employment data from Switzerland. Familiarize with the latest market changes by reading through my analysis of the current market sentiment below...
The new version of the indicator Bright Road! Added automatic construction of the channel. Innovation will help you to determine the flat and lateral movement and to avoid erroneous trading decisions...
Following the reduction in equity prices, share market valuations are more attractive in most of the major markets, however, we expect that the themes driving investor nervousness may persist until mid-2016...
U.S. stocks are on the verge of logging their first three-day rally since December. But one widely watched market-based indicator suggests this rebound won’t morph into the sustained recovery that many are hoping for...
NZDUSD0.44% KEY Level for Bullish Trend BUY STOP AT 0.6760 This Level will be a confirmation for a bullish trend All the Moving Averages are there...
USD/JPY drops to test hourly 100-SMA amid positive equities 18 Februari 2016 2:28 AM USD/JPY met fresh supply above hourly 200-SMA at 114.22 and reverted to the negative territory heading into mid-Asia on the back of a broadly lower US dollar...
EURUSD Daily Forecast: February 18 18 Februari 2016 3:24 AM EURUSD Forecast The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing the daily EMA 200 and 1...
GBPUSD Daily Forecast: February 18 18 Februari 2016 3:22 AM GBPUSD Forecast The GBPUSD was indecisive yesterday. Price is struggling around the trend line support as you can see on my H1 chart below. The bias is neutral in nearest term probably with a little bullish bias testing 1.4350...
USDJPY Daily Forecast: February 18 18 Februari 2016 3:19 AM USDJPY Forecast The USDJPY was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 113.15 support area. Immediate resistance is seen around 114.50...
USDCHF Daily Forecast: February 18 18 Februari 2016 3:14 AM USDCHF Forecast The USDCHF had a bullish momentum yesterday topped at 0.9941. The bias is bullish in nearest term testing 0.9985 which remains s good place to sell with a tight stop loss. Immediate support is seen around 0.9900...
EURJPY: Having the cross continued to hold on to its downside pressure, more weakness is envisaged. Support comes in at the 126.50 level where a break will aim at the 126.00 level. A turn below here will target the 125.50 level with a breach turning focus to the 125.00 level...
BUY GBPNZD at 2.1519 Target 150 PIPS up in one week...
A true test is coming up for USD/CAD. On Wednesday, the CAD strengthened alongside Oil, which hit $31/bbl. The strength of CAD & Oil came after Iran noted a support, albeit without joining in, on an OPEC production freeze...
Bank of America Merrill Lynch have revised their forecast for EUR/USD from 0.95 previously to 1.00; and from 120.00 for the USD/JPY to 110.00. At the end of 2015 analysts were almost universally bullish the dollar, and the running joke was, “even the bears are bullish”...
Earlier today we reported that based on various internal metrics, the market-neutral quant space is suffering one of the most violent deleveraging episodes since the infamous August 2007...
