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United Overseas Bank made a forecast for EUR/USD for today expecting the ranging market condition between 1.1105 and 1.1205: "Expect sideway trading for today, likely between 1.1105 and 1.1205." "As long as 1.1255 is not taken out, we continue to expect an eventual move lower to 1.1015...
For today R4 - 1.1364 / R3 - 1.1332 / R2 - 1.1252 / R1 - 1.1208 SPOT 1.1146 S1 - 1.1084 / S2 - 1.1017 / S3 - 1.0961 / S4 - 1.0925 SHORT AT 1.1175 FOR 1.1020; STOP AT 1.1260 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
China trimmed its growth rate for 2014 to 7.3% from 7.4%, in a move likely to add to concerns about the world's second largest economy...
Daily price is on primary bullish for secondary correction: the price was stopped by 1.1086 support level located on the upper border of Ichimoku cloud with 1.0847 as the next bearish target located below Ichimoku cloud in the bearish area of the chart. if the price breaks 1...
On Monday the Australian dollar hit a six-year trough against its U.S. counterpart before regaining ground after the release of upbeat job advertisement data from Australia. The gains were capped, however, as hopes for a U.S. rate hike continued to support the greenback...
W1 price is on total ranging market condition between the following key levels: 2132.59 key resistance level located far above Ichimoku cloud; if the price breaks this level from below to above so the bullish trend will be continuing up to 2134.42 as the next nearby bullish target. 1863...
USDCAD: With USDCAD closing higher the past week, it now eyes a recapture of its key resistance located at the 1.3352 level. This view is consistent with its broader bullishness now in place. Resistance resides at the 1.3352 level where a break will target the 1.3400 level...
In this article I will provide my view on the GBP/AUD. This is a pair that I am currently interested in or was interested in last weeks for trading with the FxTaTrader strategy. ______________________________________ GBP/AUD The pair is clearly in an uptrend and it is gaining momentum...
Instability in China's securities exchanges is nearing its end, a national bank authority said, after Group of 20 money boss hailed worries about potential worldwide overflows...
China's Stock-Market Rout Is Almost Over, Says PBOC Governor The defeat in Chinese stocks is near closure and the country's money related markets are relied upon to wind up more steady, as indicated by the leader of the nation's national bank...
National bank Governor Fahad Al-Mubarak said Saudi Arabia will stay with its money peg the length of oil supports the economy, rejecting hypothesis that the nation's cash framework is going under weight...
GOLD: GOLD declined further the past week leaving risk of more weakness on the cards. However, while it trades above its key support zone located at 1,109.00/1,117.00, we may see it head higher in the new week on recovery. On the downside, support comes in at the 1,110...
W1 price is between 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging between 126.09 support level and Fibo resistance level at 141.05 - 200-SMA is located below the price and 100-SMA is above the price: The price is ranging between 126...
The price movement of gold is less a result of passionate action gold traders are still awaiting the report of NFP night later, as a sign of whether the Fed will raise interest rates are tribe this month. After yesterday's gold prices weakened depressed by a rise in the dollar...
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...
The exchange rate of the us dollar vary traded against other major currencies on Friday (Saturday morning EDT), because the main U.S. employment report failed togive a clear signal about whether the Federal Reserve will raise interest rates later this month. The U.S...
CEO at XCel Brands Robert D’Loren is sharing his view on the state of mind of average consumers and their investment desires. His opinion is a quite interesting insight into the industry and how businesses adjust their strategies to the current market situation...
EURUSD: EUR may have closed marginally lower the past week but continues to hold on to its downside pressure. However, note that a consolidation with a recovery higher may occur as long as the 1.1016 level remains as support. Support lies at the 1.1100 level where a violation will aim at the 1...
September started with more unpredictability and more instability. Rate choices in Canada; New Zealand and the UK, Employment information in Australia and US shopper supposition all emerge. These are the headliners on our date-book during the current week...
