GBPJPY: Having rallied to take back its Monday losses on Tuesday, GBPJPY looks to strengthen more on bull pressure. On the downside, support comes in at the 169.00 level where a violation will aim at the 168.00 level. A break below here will target the 167.00 level followed by the 166.00 level...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, EUR/JPY, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are overall bearish and look for a move lower towards initial targets towards 1.0710...
While risk appetite improved Tuesday, driven by a spike higher in oil prices, by tomorrow risk sentiment could sour on a turnabout lower in Chinese stocks and the next day could bring either new turmoil or euphoria, analysts said...
In a note to clients, Morgan Stanley provides some insights on its strategy to trade USD/JPY going into the BoJ policy meeting on Friday...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, EUR/CHF, GBP/USD, AUD/USD, and NZD/USD. EUR/USD: doesn't really have a life of its own at the moment and most flows seem to be euro-cross related. The broader 1.07-1...
A result of the long position in #USDJPY was fixed after one of the bars had closed below the red Alligator's line. Thus, at the moment we are out of the market, but ready to enter the position. Find out more by checking out the Source Link...
A new round of risk rejection attracted buyers into the market of safe-haven #assets, namely, the #gold #market. So, the long position from 1094.69 already gives significant #profit. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
I recommend using the indicator "Bright Road" to highlight long-term trends and determine their "crisis." Focusing on color and direction of the "bright" line you immediately see a place for low-risk entries. When the price crosses the line and its color changes to red or blue, I will make a deal...
EUR/USD: Bearish: Modest target of 1.0710. The recovery yesterday was unexpected as EUR/USD touched an overnight high of 1.0856. The up-move appears to have scope to test the 1.0875/80 resistance but a sustained move above this level appears unlikely. On the downside, only a move back below 1...
EURJPY: With the cross following through higher on Monday, EURJPY eyes more strength on correction. Support comes in at the 128.00 level where a break will aim at the 127.50 level. A turn below here will target the 127.00 level with a breach turning focus to the 126.50 level...
Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 10:45 BOE Governor Carney Speech GBP High - - Neutral 14:45 Flash Services PMI USD Med. 54.3 53.9 Neutral 15:00 CB Consumer Confidence USD High 96.5 96.6 Neutral 00:30 (27/01) CPI q/q AUD High 0.5% 0...
The rebound of #USDCAD from the support level was fixed amid a new wave of #sales in the #oil #market. It is recommended to stay out of the market. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#Quotes of #EURUSD moved beyond borders of the short-term downward price channel. Thus, the rebound from the support line of the #trend, dating back to the beginning of December 2015, was confirmed. Find out more by checking out the Source Link...
Costs of CFD Trading The costs of CFD trading involve the commission charged by the broker (usually 0.1%), a financing cost if you buy assets and the spread, i.e. the difference between the bid and offer prices at the time you trade...
Types of CFDs This section will go over the different kinds of CFDs available to traders. The different types of CFDs offered by brokers will vary by region, as regulations differ...
Eliminating CFD Trading Mistakes Every trader makes mistakes. However, many of the biggest and most typical mistakes made by CFD traders can be avoided or eliminated altogether...
Creating a CFD Trading Plan When choosing a CFD trading strategy, new traders can easily become confused or even overwhelmed by all the variables and indicators available for consideration...
Apparently, the U.S. #Fed will increase the key interest #rate slowly, in part because of the strong #dollar. The increased #currency prevents the restoration of the American economy. Find out more by checking out the Source Link...
One of the world's most successful #oil #traders predictd, that in late 2016 the "black #gold" will cost $ 50 per barrel. Whether this prediction come true? Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...