The same CFTC data which show yen longs growing as of last Tuesday show the net long dollar position topping-out and the net Euro short being reduced slightly...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: We prefer playing the pair from the short side, but there remains no clear direction for the moment. USD/JPY, EUR/JPY: Look to buy USD/JPY pair ahead of 121...
We closed a position to buy #EURUSD with a #profit after the #price has passed a fractal down at the level of 1.0881. Here we have already opened a short position and added volume to it. Find out more by checking out the Source Link...
We were involved in a long position in #Gold, to which we have already added volume in accordance with signals of a "green zone" and "2 green bars above zero" on the AC #indicator. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
BNP Paribas continues to favor USD/JPY upside. "We expect US yields to continue to adjust upwards, while long JPY positioning remains large at +27. In addition, BNP Paribas STEER this morning triggered a bullish STEER trading signal targeting 124.27," BNPP advises...
We expect China’s PMI to remain in contraction territory and anticipate a below-consensus decline in the Caixin PMI (48.0, versus consensus 48.1, previous 48.2). Weaker data from China are likely to weigh on China-exposed currencies such as AUD...
EURJPY: Having rallied strongly the past week, we envisage further strength to occur. However, with almost a half of that rally taken back, a correction could be developing ahead of its medium term falling trendline (red). Support comes in at the 131.00 level where a break will aim at the 130...
Dear Traders, We welcome you to the trading month of February. We look back on a successful first trading month of the year and given investors' increased risk appetite we expect the currency market to remain volatile, providing traders new profitable opportunities - Let's wait and see...
A strong upward momentum of #USDJPY after the last #BOJ meeting brought #quotations to the area of the half month high. Meanwhile, sentiment still remains very bullish. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Stabilization in #stock markets somewhat weakened the position of the U.S. #dollar. For #GPBUSD this resulted in the achievement of the Fibo retracement level of 38.2% of the last wave of decline in December - January. Find out more by checking out the Source Link...
EUR/USD: Neutral: Weak undertone but only daily closing below 1.0775/80 would indicate start of bearish phase. While the rapid and sharp drop last Friday was unexpected, we are not convinced that the current movement is the start of a sustained down-move in EUR/USD...
01 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:00 Final Manufacturing PMI EUR Med. 52.3 52.3 Neutral 09:30 Manufacturing PMI GBP High 51.9 51.8 Negative 13:30 Core PCE Price Index m/m USD Med. 0.1% 0...
#Copper fell to the 1-week low after the publication of the weak data on #business activity in the manufacturing sector of China. In January the #metal has lost 3% on worries related to the second world's largest #economy. Find out more by checking out the Source Link...
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The acclimation buy swtor credits physique abaft the Adventuresome Developers Appointment on Thursday arise the after-effects of its third ceremony GDC Accompaniment of the Industry study, which highlights a bulk of key industry trends and statistics...
This week the key #event will be the release of the employment data in the United States, scheduled for Friday. #Traders will look forward to see this statistic to understand whether the U.S. economy is ready for new stages of the rate hike. Find out more by checking out the Source Link...
Hi, Here is the high impact news schedule for this running week which may effect on the currency market. Stay safe during this news time or enjoy your profitable news trading. News schedule for February 1 – February 5, 2016 and mentioned time is NY Time. Monday, February 1, 2016...
EURUSD caved last week after once again testing channel resistance that extends off the December 2015 high at 1.1058. A closer look at the 4-hour chart shows a bearish pin bar that formed following a retest of the key level, a trade that several of our members were able to capitalize on...
The slow-motion crisis of the European Union finally seems to be coming to a head. “Europe could lose its historical footing and the project could die quickly,” French Prime Minister Manuel Valls warned in a speech at this year’s World Economic Forum in Davos, Switzerland...
GOLD: Having the commodity continued to hold on to its recovery strength, GOLD looks to build up on recovery strength above the 1100.00 zone. On the downside, support comes in at the 1110.00 level where a break will turn attention to the 1100.00 level...
