XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is moving upwards (2), and the price is between Tenkan-Sen and Kijun-Sen...
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); all lines are directed downwards. Ichimoku Cloud is going down (2); Chinkou Lagging Span is below the chart...
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1), but the lines are getting closer to each other again. Ichimoku Cloud is heading up (2); Chinkou Lagging Span is below the chart...
The offered tone is not giving up on the Canadian dollar on Tuesday, now allowing USD/CAD to test fresh cycle highs near 1.3630 albeit easing some ground afterwards. USD/CAD boosted by oil slump The current drop of the West Texas Intermediate to multi-year lows in sub-$37...
Gold, a traditional safe haven asset, is the weakest today, despite the china-led risk-off in the European equities and US equity index futures. Gold ignores risk-off and weak USD index The metal currently trades 0.25% lower at USD 1073/Oz levels even though the USD index is down 0.27% at 98.47...
GBP/USD has extended losses below the 1.50 mark and hit fresh 5-day lows ahead of the NY opening as the pound faces renewed weakness following mixed results from UK’s manufacturing and industrial production. GBP/USD accelerated the fall and hit a low of 1.4955 before finding support...
USDJPY: With price action remaining weak and vulnerable to the downside, USDJPY eyes further downside pressure. This price development is coming on the back of its failed attempts on the upside. While the pair holds below its key resistance zone at 123.66/74 levels, further weakness is likely...
The Australian dollar has deepened losses versus a stronger greenback, with AUD/USD sliding below the 0.72 mark, also weighed by renewed softness in the commodity complex. AUD/USD has continued to back away from the 0...
following are UBS' latest short-term trading strategies (mostly intraday) for EUR/USD, USD/JPY, EUR/JPY, GBP/USD, and AUD/USD. EUR/USD: The pair didn't manage to break below 1.0800 yesterday and remains above here today.We prefer the short side but would only get involved on the extremes...
The uptick in the EUR/GBP cross is ensuring the EUR/USD pair remains around 1.0865 levels in the early US session. Weak US index futures support EUR The Cable fell below 1.50 levels and pushed the EUR/GBP pair higher, which is lending support the EUR/USD pair...
The uptick in the EUR/GBP cross is ensuring the EUR/USD pair remains around 1.0865 levels in the early US session. Weak US index futures support EUR The Cable fell below 1.50 levels and pushed the EUR/GBP pair higher, which is lending support the EUR/USD pair...
Research Team at TDS, suggests that the Canada’s November housing starts report is it today, TD’s on-consensus expectation is for the pace of new residential construction activity to remain largely unchanged at 200K. Key Quotes “Permits are expected to rebound at a respectable 2...
NZD/CAD: breakout to reversal. The pair is bearish on market condition: price is located near and below Ichimoku cloud in the primary bearish area of the chart with the local uptrend as the secondary market rally breaking 0...
Societe Generale made a forecast for EUR/USD compare with GBP/USD telling that both the pairs will be on bearish condition for Q1'16. And GBP/USD will be in more bearish related to EUR/USD. Let's review this forecast with technical point of view...
EUR/GBP (H4): Increases after short correction Forecast: Rebound from 0.7170 support and further increases Alternative Scenario: Another test of previous resistance from the top...
The decline of #oil to multi-year lows led #USDCAD almost to the eleven-year high. The development of the upward trend can be supported by #investors, whose tactic is focused on the work in a #trend, which can lead to a massive new wave of growth. Find out more by checking out the Source Link...
AUD/USD (H4): Strong supply attack Forecast: Further falls – after breaking support zone and up-channel lower limit Alternative Scenario: Moving back inside bullish regression channel...
The last day large-scale reduction of #AUDUSD led to the displacement of the price below moving averages (#trend #indicators). It is recommended to stay out of the #market and wait for the further evidence of the downtrend before considering short positions...
The GBP/JPY pair took out the 50-DMA support at 185.11 and fell to an intraday low of 184.83 ahead of the monthly industrial production data in the UK...
