The Bank of Korea kept the policy rate unchanged at 1.5% in February, on par with expectations of economists polled by Bloomberg. The central bank expanded its special loans facility to KRW29tn in order to stop the drop in producer confidence...
All the Asian markets are trading on higher note on Tuesday as Japan recovers previous losses. Japan's benchmark Nikkei 225 index rose 0.90% to 16,166.73 points on Tuesday morning in Tokyo while the broader Topix index was up 0.81% at 1,302.76 points. South Korea's Kospi index was trading 1...
Forecast NZDCAD 16.2.2016 In the daily chart, the price is up trend. A drop is expected if the trend line is breached around 0.9000 . http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
USDCHF Daily Forecast: February 16 16 Februari 2016 2:06 AM USDCHF Forecast The USDCHF had a bullish momentum yesterday topped at 0.9889. The bias remains bullish in nearest term testing 0.9985 which is a good place to sell. Immediate support is seen around 0.9850...
USDJPY Daily Forecast: February 16 16 Februari 2016 2:09 AM USDJPY Forecast The USDJPY had a bullish momentum yesterday topped at 114.73. The bias remains bullish in nearest term testing 115.20 – 116.00 which is a good place to sell. Immediate support is seen around 114.10...
GBPUSD Daily Forecast: February 16 16 Februari 2016 2:12 AM GBPUSD Forecast The GBPUSD had a bearish momentum yesterday bottomed at 1.4413. The bias is bearish in nearest term testing 1.4350 which is a good place to buy with a tight stop loss targeting 1.4700...
EURUSD Daily Forecast: February 16 16 Februari 2016 2:18 AM EURUSD Forecast The EURUSD continued its bearish momentum yesterday bottomed at 1.1128 but traded a little bit higher hit 1.1179 earlier today after touched the daily EMA 200 as you can see on my daily chart below...
USDJPY: The pair continued further higher on the back of its Friday strength on Monday. USDJPY faces recovery threats towards key resistance. On the downside, support comes in at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111...
Watch for a BoJ intervention: EURJPY0.07% is setting up very interesting. Although the overall trend is to the downside & we prefer to trade with that trend, considering the news flow from Japan we need to be open to a different view...
I think we may have finished retracing for now and heading down. -I want a break and close below the 4h trend-line in blue here -Coincides with fib 0.618 retracement. -ABCD Structure in play. -We just bumped our heads on major monthly resistance of 1.4000 and held below...
The euro hit stops on the break of the Feb 10 low of 1.1159 as the market circles back towards the idea that ECB action is coming in March. The pair also broke 1.1150, touching a few pips below. Technically, the break clears the way to last week's low of 1.1085...
Market Overview The remarkable rally in the oil price has translated through financial markets and there is now an improvement in trading sentiment that is resulting in a sharp reversal of some of the huge flight into safe haven assets...
The following are the latest technical setups for EUR/USD, USD/JPY, EUR/JPY, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Friday’s “engulfing” candle has prompted us to turn bearish in the short term against resistance near the 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, USD/CHF and GBP/USD. EUR/USD: US markets are closed for a public holiday today so we don't expect too much activity. Risk could squeeze further, so we prefer waiting to buy on dips to 1.1100/1...
Being active in class can be quite beneficial on the side of the student. They need to be able to focus on whatever is being said at the moment. Every student needs to understand that when one is active in class, they get more from the teacher...
Looks like we can be getting up for a short on USDCAD-0.15% if we break under bottom support (which we can easily do) and it can run pretty far down if oil continues its sell off. There is also a possible breakout long if you want to wait for it to break an consolidate over the top support line...
The EUR has been in demand for most of the last few weeks, irrespective of firm expectations of the ECB acting anew in March. If anything most of the currency’s upside can be related to position squaring related upside on the back of increased risk aversion...
An order to buy #GPBUSD from 1.4563 was closed and at the moment, we are out of the market. There are pending orders to buy and to sell. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...