FxWirePro: EUR/CAD Trades Lower on Strong Oil Price, Good to Sell on Rallies Major resistance- 1.4820 (200 day MA) Major support – 1.4600 EUR/CAD has declined after making a high of 1.48249 (9th May 2016).It is currently trading around 1.46632...
GBP/JPY Soars 1% Beyond 158 Handle on BOE The GBP/JPY pair climbed further to hit fresh ten-day highs after the BOE kept monetary policy unchanged, although surprised markets over its confidence over UK’s economic prospects post EU referendum...
EUR/GBP Slides Sharply to 0.7860 After BOE Announcement After fading its spike to 0.7919, touched during early European session, the EUR/GBP pair extended it slide to fresh 7-day low level of 0.7858 immediately after BOE policy announcement...
GBP/USD Jumps to Test 1.4500 on BOE Status-Quo The GBP/USD pair accelerated further to the upside and challenged 1.45 handle following the release of BOE status-quo policy decision along with minutes and quarter inflation report (QIR...
Chart: https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_12.html Calculated levels today: Support (S1 / S2 / S3 = 1,1384 / 66/37), resistance (R1 / R2 / R3 = 1.1442 / 60/89). Key resistance levels (from 1st, 1393 to 1.1412 at the end of the day, the 2nd of 1.1383 to 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, May 12th GBP/USD stood back from its highs at 1.44 level witnessed in Asia. Now traders are awaiting for todays main releases from BOE...
EUR/USD Slips Below 1.1400 Handle ahead of BOE The EUR/USD pair extended its weakness and has now dropped back below 1.1400 handle just ahead of BOE Super Thursday...
Chart:https://bi0l.blogspot.com/2016/05/xauusd-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 1268,16 / 1264,79 / 1259,35), resistance (R1 / R2 / R3 = 1279.05 / 1282,42 / 1287,87). Key level (1st from 1262.57 to 1267...
EUR/GBP Back in the Red Below 0.7900, awaits BOE The cross in the EUR/GBP came under heavy selling pressure post-European open, mainly driven by broad EUR sell-off, while the cable trades muted heading into the BOE’s Super Thursday events. EUR/GBP flirts with 5-DMA at 0...
Dear Traders, Today will be a big day for sterling traders with the Bank of England Quarterly Inflation Report, Rate Decision and the speech by BoE Governor Mark Carney...
GBP/USD: Volatile ahead of BOE, Eases-off 1.4460 The GBP/USD pair is seen fading a spike to daily tops, as the bulls take a breather amid increasing nervousness ahead of the BOE verdict and more important inflation report. GBP/USD bounces-off 1...
BoE: Rates Should Hold on Not So Super Thursday – Investec Research Team at Investec, suggests that Super Thursday, this week’s key event is finally on its way and we will be treated to the Inflation Report, the Monetary Policy Committee’s (MPC) rate decision and the Bank of England meeting minut...
BoE: Another Round of GBP Weakness? - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the day’s big event is the UK MPC meeting and Bank of England Inflation report...
Chart:https://bi0l.blogspot.com/2016/05/brent-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 45,67 / 44,99 / 43,88), resistance (R1 / R2 / R3 = 47,88 / 48,54 / 49,66). Key support levels (1st from 44.98 to 46.03 at the end of the day, the 2nd of 44...
Technical Analysis of GBP/CHF for May 12, 2016 Technical outlook and chart setups: The GBP/CHF pair is trading lower at 1.4000 levels for now, and it seems to have finally carved out a lower top at 1.4100 levels yesterday. The pair is likely to push lower towards 1...
Technical Analysis of USD/JPY for May 12, 2016 USD/JPY is expected to trade with a bullish bias.Overnight U.S. stock indexes closed broadly lower, weighed by retail and consumer shares. Office Depot (ODP) slumped 40.4% and Staples (SPLS) dropped 18...
USD/JPY Eyeing 109.40 to Confirm Further Up-Move As European indices stage a minor recovery from lower levels, a slight improvement in global risk sentiment boosted the USD/JPY pair through 109.00 handle to 109.16 session high level...
Martingale: The gambler doubles his bet after every loss... (aka: Recovery System, Double Down) Martingale vs. Non Martingale (Simplified RoR vs Profit in 3 trade runs with all possibilities worked out) Lets take a very small run and calculate all possibilities...
There are signs of #USDJPY rebound from the support line within the borders of the short-term rising price channel. It is recommended to enter the market on a breakthrough of the resistance level. Find out more by checking out the Source Link...
