Morgan Stanley made weekly forecast for NZD/USD suggesting to sell this pair at 0.6500 level with 0.6350 as the target. Let's evaluate the situation related with this forecast in the technical point of view. NZD/USD: breakdown with bearish reversal...
The price is on bearish breakdown for crossing 1.0807 support level from above to below for the breakdown to be continuing with 1.0461 as the next bearish target...
The #dollar rose vs. major competitors to seven-month highs. The U.S. #economy had added 271,000 #jobs, which far exceeded the expected 180 000. It was a signal the market had expected to finally make sure: the #Fed will increase the rate in December. Find out more by checking out the Source Link...
Ichimoku analysis. Weekly price is on bearish market condition with the secondary bear market rally to be started in the end of September this year: the price went to the local uptrend and it was stopped by 6463...
GBPUSD: The pair sold off to resume its broader downside pressure the past week leaving risk of further weakness on the cards. This view remains valid while GBP can trade and hold below the 1.5133/22 zone. However, we may see price consolidation or even a recovery higher in the new week...
TODAY 9/11/2015 EUR/JPY WILL BE BULLISH...
GLOBAL AND U.S ECONOMIC FACTORS COULD DERAIL THE DECEMBER RATE HIKE --- The USD continues to advance against all pairs since the October Federal Open Market Committee (FOMC) statement put the December meeting back in play as a possibility of announcing a higher U.S. benchmark interest rate...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish This pair dropped 300 pips last week and tested the support line at 1.0700. The largest drop occurred on Friday following positive fundamental figures coming out of the US...
Many analytics are talking about fundamental factors, about Fed hike in December or in March and so on. But there are good technical reasons to sell EUR/USD: #1. Weekly price is below Ichimoku cloud...
Analysts from Lloyds Bank point out that after the October NFP, markets will pay even more attention to the debate between FOMC members...
EURUSD: The pair witnessed a sharp sell off the past week cutting through its key support the 1.0818/08 zone. This development leaves EUR lower as we enter a new week. It will have to maintain below the mentioned support turned resistance to prevent any bullish offensive...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
GBPUSD The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar. Prices challenged the 21-period 2-standard deviation upper band by printing outside of its boundaries in the last two days...
USD: Fed Ends the Correction. Bullish. We believe USD could start to see inflows related to investment, rather than repatriation of assets. While the latter does not require tighter Fed policy, the former will benefit from a higher probability of Fed hikes...
AUDUSD: AUDUSD remains weak and vulnerable to the downside with risk of more weakness on the cards. Its big support lies at the 0.6926/0.6899 zone. However, we may see a recovery higher on correction in the new week folowing its last week sell off. On the downside, support resides at the 0...
gold look support in monthly chart. support $1079 if the Gold stay at the $1087 level, upside target 1102...
First, a few words about the forecast for the previous week: - Regarding the future of EUR/USD, the main forecast was that by the end of the week the pair would secure itself in the area of 1.0800...
