All Blogs
Gold prices weakened to near Tuesday’s low after the data in the US showed the private sector jobs growth slowed less than expected in October. Off lows, but weak The metal hit a low of USD 114.70, before trimming losses to trade around USD 1116.50/Oz levels...
It is well known that the economic recovery in the U.S. has been consistently weak leading the Fed to repeatedly push back the timeframe for raising rates. The U.S...
In the view of BofA Merrill Lynch Global Research, the bearish tone is set to remain around the Brazilian currency. Key Quotes “Disappointing growth will likely lead to an easier Brazilian Central Bank and the market is now pricing in 185bp of hikes by the end of 2016”...
The EUR/GBP pair hit a fresh session low of 0.7070 as the British Pound remained relatively resilient to the broad based USD rally...
The shared currency is now falling further, dragging EUR/USD to test fresh 3-month lows in the 1.0880 area. EUR/USD around 1.0880 ahead of US data The pair has rapidly intensified its weekly decline, losing more than six big-figures since October tops in the 1.1500 neighbourhood...
U.S. stock futures edged higher Wednesday after two economic reports pointed to a slight slowdown in the labor market but a rise in exports...
Skandinaviska Enskilda Banken made some technical analysis for EUR/GBP estimated the bearish market condition to be continuing with below 0.71 figure. The price is on bearish market condition located below 100 period SMA and 200 period SMA. Price is ranging within Fibo resistance level at 0...
Click here to watch previous forecast! Forecast checking EURUSD 15 min. chart: GBPUSD 15 min. chart: EURJPY 15 min. chart...
Oil prices maintained gains on Wednesday following a 3% rise a day earlier driven by Brazilian and Libyan supply worries, a U.S. pipeline outage and a general rally in riskier assets amid expectations for more economic stimulus measures...
The British currency climbed against the dollar on Wednesday after data showed that activity in the U.K. service sector recovered in October. The upside was limited as the greenback was supported ahead of economic reports from the U.S...
EURJPY: The cross saw a decline on Tuesday and was seen following through lower during Wednesday trading session today. This leaves more risk lower while it trades below its key resistance zone at the 133.14/43. Support comes in at the 132.00 level where a break will aim at the 131.50 level...
Trading recommendations and Technical Analysis – HERE! In Asia, the pair USD / JPY is mostly in a narrow range with a slight upward trend. The trading week began to increase in dollar pairs...
After October proved the best month for markets in four years, Callum Thomas, an investment strategist at AMP Capital, tweeted this chart to point at non-believers, just to highlight the importance to focus on signals rather than talks...
The pair Trend is Bearish on both Monthly and Weekly time frame. Actual price is ranging around FIBO 61.8 Level on both time frames. On Monthly time frame price bounced on the 200 LMA. Suggestion to stay neutral. A breakdown of the 200 LMA at 85...
On Wednesday European stock-index futures were mostly in the green zone with only German DAX in the negative territory after the Volkswagen shares saw a grinding fall...
Nomura made a forecast for NFP which will be issued this Friday expecting actual data to be 155K compare with 142K past data...
Since the latest European Central Bank press conference in which President Mario Draghi stated an open willingness to consider adjusting interest rates and asset purchases to reflect prevailing economic conditions the euro has fallen precipitously...
Gold prices edged higher Wednesday but were still near five-week lows, as investors awaited important U.S. data later in the day for further cues on the strength of the economy and the likelihood of a near-term interest rate increase...
