The "Bright Road" indicator was released today for the platform MetaTrader 5 ! I am glad to welcome traders and is ready to further improve the indicator and answer your questions. "Bright Road" indicator shows the direction and sustainability of the trend, as well as its reversals...
GBPUSD: With the pair continuing to target further weakness, GBPUSD broader bias remains lower. Support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down, support lies at the 1.4200 level. Below here will set the stage for more weakness towards the 1...
Between oil prices dipping below $30 per barrel and Chinese equity and FX market volatility that caused negative spillover effects on global stock and fixed income markets, it has been a hellish start to 2016...
GBPJPY MEDIUM TERM UP 100 PIPS. CMP 168.50 TARGET 169.60...
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USDCHF Daily Forecast: January 15 2016 15 Januari 2016 12:54 AM USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains bullish in nearest term testing 1.0120. A clear break and daily/weekly close above that area could trigger further bullish pressure testing 1.0225 – 1...
USDJPY Daily Forecast: January 15 15 Januari 2016 12:58 AM USDJPY Forecast The USDJPY had a bullish momentum yesterday topped at 118.28. The bias is bullish in nearest term testing 118.50/80 which is a good place to sell with a tight stop loss. Immediate support is seen around 117.90...
GBPUSD Daily Forecast: January 15 2016 15 Januari 2016 1:03 AM GBPUSD Forecast The GBPUSD had another indecisive movement yesterday. The bias is neutral in nearest term. Overall I still prefer a bearish scenario at this phase targeting 1.4250 but need a clear break and daily/weekly close below 1...
EURUSD Daily Forecast: January 15 2016 15 Januari 2016 1:06 AM EURUSD Forecast The EURUSD had another indecisive movement yesterday. Price attempted to push higher topped at 1.0943 but whipsawed to the downside and closed lower at 1.0862. The bias is bearish in nearest term testing 1.0800...
Yesterday's weak U.S. data had little impact on the #dollar, which fell only slightly vs. a basket of #currencies. Statistics showed an increase in #unemployment claims and a decline of #import prices #index. Find out more by checking out the Source Link...
In a strategy note today, Deutsche Bank advises clients to sell EUR/USD through 2016 arguing that this should be another great year for the greenback which is poised to be a high-yielder by the end of the year...
EURUSD: With EUR taking back its intraday gains to close lower on Thursday, EURUSD remains vulnerable to the downside . Support lies at the 1.0800 level. Further down, support lies at the 1.0750 level where a violation will aim at the 1.0700 level. A break of here will aim at the 1.0650 level...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/CHF, GBP/USD, AUD/USD, and NZD/USD. EUR/USD: is holding the familiar levels. We prefer to keep it tight and play the intraday moves...
Hi guys. The first 2wks into 2016 has been truly a rollercoaster ride in financial markets; with crude oil, china, risk-off and risk-on plays being front and centre. Well what about gold..... nothing seems to be happening much in term of the media spotlight...
We are holding the short position in #GPBUSD. Today's meeting of the Bank of England did not bring significant changes in the dynamics of the #currency pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The short position in #Gold was closed after the #price has crossed the red Alligator's line. At the moment, we are out of the market, having some pending #orders. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The slowdown of the Chinese #economy and the turmoil in #commodity markets could slow the pace of interest rate increases by the U.S. #Fed. Some #FOMC members commented on the situation. Find out more by checking out the Source Link...
Dear Traders, Today will be an important day for the British pound and sterling traders seem to be waiting in their starting blocks. The Bank of England will announce its policy decision and release the minutes of its meeting at 12:00 GMT...