Consumer Confidence Report will Out after 30 minutes take a look of position and history table...
USD/CAD traders could soon see a period of short-term weakness on an intraday basis, allowing for some severe overbought studies to unwind. The 50 SMA is above the 200 SMA on the hourly chart, at a distance superior to the daily ATR. This indicates an up-trending condition...
Kit Juckes, Research Analyst at Societe Generale, suggests that the tool of quantitative easing used by the ECB has failed to boost the bank lending the region and in turn resulted in the weakening of the Euro...
The Asian equities extend losses for the second day in a row on Wednesday, taking the negative lead from their American counterparts, as nervousness creeps into markets ahead of the much awaited Fed policy announcement due later today...
Westpac recommends to buy dips in NZD/USD to 0.6620 with a stop at 0.6550. Key Quotes "Look to buy dips in NZD/USD to 0.6620 with a stop at 0.6550. Our process remains constructive NZD, even as risk assets have traded poorly after China's easing last week...
Nomura made a forecast for EUR/USD based on some technical conclusion for example: "In coming weeks, risk sentiment and US data may be the most important drivers of the EUR/USD cross...
AUDUSD: The pair weakened on Tuesday and was seen weakening further during early trading on Wednesday. On the downside, support comes in at the 0.7100 level where a breach will aim at the 0.7050 level. Below that level will set the stage for a run at the 0...
According to economists from Wells Fargo Bank, today’s decline in October Consumer Confidence was due to a downshift in job growth combined with ongoing fiscal policy debates in Congress but noted that confidence continues to trend higher on average...
Sweden's Riksbank will start limiting the means it’s been using to fight deflation, just after another round of easing this week to counter stimulus signaled by the European Central Bank, says Nordea Bank, Scandinavia’s biggest lender...
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and look for a move below initial support in the 1.0940 area to open our downside targets near 1.0810...
Federal Reserve officials will be communicating this week during the two day meeting of the Federal Open Market Committee that begins Tuesday...
As mentioned in my recent posts, still believe that the gold and eurusd prices to be moving downwards but with high volatility. It would be interesting to see how this month candle closes, as it would provide the momentum for the remainder of the year and the direction...
As mentioned in my previous posts, expect the eurusd price to continue going down. Even though the eurusd price was near a low ZZ in D1, H4 and MN time frames, saw yesterday's high as the high for this week and for eurusd price to fall. Hence, entered another SELL order with 0.02 lot size...
Morgan Stanley made a fundamental forecasl for this week related to GBP/USD - they estimated for this pair to be on ranging market condition: "We expect GBP to remain supported and to even extend gains in the near term...
Click here to watch our previous forecasts. EURUSD 15 min. chart - forecast checking (2015.10.26.) GBPUSD 15 min. chart - forecast checking (2015.10.26.) EURJPY 15 min. chart - forecast checking (2015.10.26.) AUDUSD 15 min. chart - forecast checking (2015.10.26...
USDJPY: The pair halted its strength and turned lower after failing to hold above its range top at the 121.23/32 zone on Monday. This development has triggered a sell-off leaving risk of more weakness on the cards. On the upside, risk should build up towards the 121.00 level...
Trading recommendations and Technical Analysis – HERE! Overview and Dynamics Data released today showed UK GDP fell short of expectations the Bank of England. GDP growth in the third quarter slowed down to 0.5% against 0.7% in the 2nd quarter against 0.6%, as expected by the forecast...
H1 price is located below SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) for the ranging market condition within the following key support/resistance levels: 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/CHF, EUR/CHF and AUD/USD. EUR/USD: The selloff on Thursday and Friday should generate more selling interest, but we don't see much value in being short below 1.1000...
