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USDJPY: With the pair remaining weak and following through lower on Tuesday trading session, further weakness is envisaged. On the downside, support comes in at the 111.50 level where a break if seen will aim at the 111.00 level. A cut through here will turn focus to the 110...
Sterling has come under heavy selling pressure as the debate on whether to remain in or leave the EU appears to be increasingly polarised, notes Australia and New Zealand (ANZ...
EUR/USD breakout of its short-term range between 1.1061 (Dec. 15 high = potential wave 1 top) and 1.1432 (minor 76.4 %) provides fresh directions, says JP Morgan. EUR/USD break below 1...
The following are the latest technical setups for EUR/USD, USD/JPY, EUR/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The move below our downside targets near the 1...
EA can assist traders and here are the results to prove it. https://www.mql5.com/en/market/product/14073 Winsor Hoang is the developer of ”Robust Trader’s 20 EAs EURUSD”, and he is an automated trading researcher since 2003...
GBPUSD: The pair sold off strongly during Monday trading session leaving risk lower towards its key support at 1.4079. On the downside, support lies at the 1.4050 level where a break will turn attention to the 1.4000 level. Further down, support lies at the 1.3950 level...
Currency investors should consider selling EUR/JPY this week, advises Credit Suisse in its weekly FX pick to clients. Rationale: Our economists expect several pieces of weak European data this week...
Risk assets traded somewhat better last week and into the open this morning, and equity volatility is receding. Investors are starting to see the glass as half full. We continue to judge the economic outlook as healthier than what the rate and credit markets in particular currently discount (e.g...
Good Morning Forex Friends We were looking for weekly closing and it was hanging man candle stick closing.That indicating the bearish move this week.I am sharing weekly , daily and 4 hour chart to give my bearish view this week...
This week the G10 FX Financial Scorecard recommends buying CHF, GBP and EUR while selling JPY, NOK and SEK (see suggested weights in portfolio in table below). Last week’s signals resulted in a 0.75% loss. In particular, the long GBP and short JPY positions were expensive...
The G20 summit is the most important event of the week and could become a key driver of the G10 FX markets. The G20 finance ministers and central bankers will discuss ways to respond to the latest global growth slowdown and the resulting turmoil in the global markets...
Why it is not fashionable and prestigious to be a trader on Forex market? In this article, I want to talk about the following questions: Why the Forex market and trading in it has such a bad reputation? Why to be a FX trader is not fashionable, not prestigious...
Here are the views of a number of currency analysts in the wake of Monday’s deep slide in the pound sterling exchange rate complex. The British pound has fallen in dramatic fashion at the start of the new week as the uncertainty posed by the EU referendum is digested by currency traders...
A result of the short position in #EURUSD was fixed at 1.1134. However, today we re-entered to the market to sale again. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
An order to sale #USDJPY has activated, but as a result the position was closed with almost zero #profit. At the moment, we have no open positions, but we are ready to enter at any time. Find out more by checking out the Source Link...
GBP’s rebound at the end of last week has proven short-lived, with GBPUSD breaking below 1.4200 this morning currently hovering around 1.4050, notes BNP Paribas...
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: continues to trade in its recent range, with good support coming in around 1.1000 and offers expected closer to 1.1300...
The weakness of the student cast a shadow over the European and the German manufacturing sector Germany The weak global demand a significant impact on the German economy for this month While Germany has been able to escape the global headwinds through 2015 and maintain the pace of expansion in th...
Growth Fades, Risk Grows for EUR/USD, GBP/USD Talking Points: - EUR/USD dives below $1.1050 after weak Euro-Zone PMIs. - GBP/USD shocked by 'Brexit' headlines over weekend. - As market volatility rises, it's a good time to review the "Traits of Successful Traders" series...
