Curiously enough, the data on China's GDP did not cause a new wave of #sales of risky #assets. On the contrary - we have a moderate recovery in Asian #stock #markets, which supported #USDJPY. Find out more by checking out the Source Link...
In the 4th quarter of 2015 China's economy grew by 6.8% - the weakest growth since the #economic #crisis in 2009. Industrial production, retail sales and investment in fixed assets grew less than expected. Find out more by checking out the Source Link...
Search the bottom for support/resistance levels on the history tool for Brent Crude Oil. BRN, D1: Brent Crude Oil 2001 (Low 16.70) BRN, D1: Brent Crude Oil 2002 (Low 18.70) BRN, D1: Brent Crude Oil 2003 (Low 23.70) BRN, H1: Brent Crude Oil 2016 (Low...
USDCHF Daily Forecast: January 19 19 Januari 2016 1:37 AM USDCHF Forecast The USDCHF was indecisive yesterday but overall still able to maintain its bullish outlook so far. The bias remains neutral in nearest term probably with a little bullish bias retesting 1...
USDJPY Daily Forecast: January 19 19 Januari 2016 1:44 AM USDJPY Forecast The USDJPY was corrected higher yesterday and hit 117.66 earlier today. The bias is bullish in nearest term testing 118.00 – 118.50 region which remains a good place to sell with a tight stop loss...
GBPUSD Daily Forecast: January 19 19 Januari 2016 1:54 AM GBPUSD Forecast The GBPUSD was indecisive yesterday. Price attempted to push higher topped at 1.4323 but whipsawed to the downside and closed lower at 1.4242. The bias remains bearish in nearest term testing 1.4200 – 1.4150 region...
EURUSD Daily Forecast: January 19 19 Januari 2016 2:00 AM EURUSD Forecast The EURUSD was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias testing 1.0800 support area. Immediate resistance is seen around 1.0969...
Currency investors should consider buying EUR/USD this week, advises Morgan Stanley in its weekly FX pick to clients...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: The pair is back in the range we have seen since the beginning of the year...
An order to buy #EURUSD activated, and we have already added volume to this position in accordance with System #signals. Note that the current #price is close to the red line of the Alligator. Find out more by checking out the Source Link...
Our short position in #USDJPY is still relevant. Among additional #signals we have a zero crossing on the AC and so-called "red zone" signals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
60% of #economists surveyed by #Bloomberg, expect that this week the head of the #ECB Mario #Draghi will announce new measures to stimulate the European economy. This percentage has increased by more than 20% due to the fall in #oil prices. Find out more by checking out the Source Link...
GBPUSD: Having continued maintain its long term bearishness, GBPUSD targets further downside pressure. Support lies at the 1.4200 level where a break will turn attention to the 1.4150 level. Further down, support lies at the 1.4100 level...
Dear Traders, We welcome you to a new trading week which promises to be very interesting concerning events as the highly anticipated European Central Bank monetary policy meeting on Thursday and several important Consumer Price Reports scheduled throughout the week...
#GPBUSD has formally reached the target of sales at the end of the last trading week. It's recommended to take #profits on short positions at current levels. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We had a #gap of the #price up when today's trading in #USDCAD had opened. At the weekend the Iranian sanctions were lifted, and now the country can significantly increase the #export of #oil, which has an influence on #CAD. Find out more by checking out the Source Link...
EUR/USD: Neutral: Still neutral but upside risk is increasing. EUR/USD traded mostly sideways for the whole of last week. That said, short-term upward momentum is picking up and the current consolidation will be likely resolved by a move higher in EUR/USD...
The GBPUSD continued its bearish momentum last week bottomed at 1.4251. The bias is bearish in nearest term testing 1.4200 – 1.4150. Immediate resistance is seen around 1.4300 – 1.4350 which is a good place to sell...
The probable maximum weeks of 1.1002. Likely at least a week 1.0822. Mid-range 1.0912. 1.0963-1.0957 Resistance Updated 01/21/2016...
