Technical Analysis of Gold for March 14, 2016 Technical outlook and chart setups: Gold is trading at the levels of $1,255.00 this moment, and is likely to face resistance around $1,265.00/70.00. Please note that the yellow metal has been moving in a potential ending diagonal as depicted here...
Daily Analysis of USDX for March 14, 2016 On the H1 chart, the USDX has been forming a lower low pattern, which remains supported by the level of 96.03. We can see the index to be re-testing the resistance zone of 96.61...
Daily Analysis of GBP/USD for March 14, 2016 The pair has been doing some rallies above the 200 SMA in the H1 chart and we should note that the lows reached on March 10 are still supporting the cable on the upside. Currently, it's facing-off the resistance level of 1...
Technical Analysis of GBP/CHF for March 14, 2016 Technical outlook and chart setups: The GBP/CHF pair is trading higher at the levels of 1.4140/50 this moment. The pair is looking for an opportunity to push higher as expected and discussed earlier, towards at least 1.4300...
How safe is the EUR haven? Looking at the correlations with equities, the EUR has been becoming less safe relative to USD, especially when stocks drop, and that’s due to the fact that positioning has to a large extent been normalized...
Technical Analysis of EUR/USD for March 14, 2016 When the European market opens, some economic news on the Industrial Production m/m is due to be released. Today, the US will not deliver any economic data. So, amid the reports, EUR/USD will move with low to medium volatility during this day...
USD has struggled to perform of late despite the nascent build-up in Fed rate-hike expectations. Indeed, while investors have been putting rate hike bets back on the table, the market is still quite cautious, attaching only about a 80% chance of one hike before yearend (using OIS...
Technical Analysis of USD/JPY for March 14, 2016 In Asia, Japan will release the Core Machinery Orders m/m, and the US will not deliver any economic data today. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day...
After the soft Chinese data over the weekend, AUD and commodities have started relatively stable but in a corrective mood. Equities have performed well before BOJ and the FED, however USD weakness has not been challenged so far even with higher US rates...
When the world's top finance ministers met at the recent G20 summit in Shanghai, they shined the spotlight Brexit as a truly global economic risk. Financial markets may not need the reminder. Yet do investors continue to discount Brexit...
EURUSD Daily Forecast: March 14 2016 EURUSD Forecast The EURUSD attempted to push lower last week bottomed at 1.0821 but whipsawed to the upside and closed higher at 1.1150. The bias is neutral in nearest term but as long as stays above 1...
GBPUSD Daily Forecast: March 14 2016 GBPUSD Forecast The GBPUSD continued its bullish momentum last week topped at 1.4436. The bias is bullish in nearest term testing 1.4500. Immediate support is seen around 1.4350...
USDJPY Daily Forecast: March 14 2016 USDJPY Forecast The USDJPY had another indecisive movement last week, formed another Doji on weekly chart. The bias is neutral in nearest term probably with a little bullish bias testing 114.50...
USDCHF Daily Forecast: March 14 2016 USDCHF Forecast The USDCHF attempted to push higher last week topped at 1.0092 but whipsawed to the downside and closed lower at 0.9823. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below 0...
Dear Friends, This week (March 13 - to 19’ 2016) we have 7 high impact news schedule which may tradable. Here all time mentioned NY time Zone. Tuesday, March 15...
EAs can assist traders and here are the results to prove it. Last Thursday is another banner day for us. We closed 8 consecutive winning trades for a total profit of 280 pips...
Analysis (Weekly): Last week the couple began Quotes (Open 1.0989) with humiliation and course correction channel up H4. Then there was the growth of the test and weekly resistance R1-w (1.1040) and the middle of the channel up H4...
GOLD: With GOLD rejecting higher level prices to close lower the past week, further bearishness is envisaged. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level...
