AUDUSD: With the pair rallying strongly during early trading on Thursday, further upside offensive is envisaged. This development suggests a temporary bottom is now in place. This should see more strength build up with eyes on the 0.7200 zone. On the upside, resistance lies at the 0.7250 level...
A couple of remarks from Bank of Japan board-member Yutaka Harada shed light on why the central bank stood pat at its October 30 meeting...
The price is located to be above Ichimoku cloud and Senkou Span line which is the virtual border between the primary bullish and the primary bearish on the chart. Price is breaking resistance level at 99.35 from below to above for the bullish breakout with 100.39 as the next bullish target...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our initial downside targets in the 1.0660 area would encourage our bearish view towards 1.0520 and then the 1...
The following are UBS' latest short-term (mostly intraday) trading strategies for USD/JPY, AUD/USD, and NZD/USD. USD/JPY: Look to buy the pair on dips, with a stop below the post-US payrolls support at 122.50/60. AUD/USD: We favour selling the pair on rallies to 0.7100 click Source URL...
How much it will take you to make 1 million if you double your money every day? Did you know that if you start putting aside $1 and further doubling the amount daily, you will have $1 million in 21 days! take a look to the excel sheet below...
EURJPY: The cross saw downside pressure on Tuesday though taking back some of those gains. It still remains weak and vulnerable to the downside. We continue to look for more weakness. Support comes in at the 131.50 level. Further down, support stands at the 131...
BNP Paribas updated their forecast related to the EUR/USD price movement in long-term situation - they told the following: "we are somewhat sceptical on the EURUSD’s ability to test and break the previous 2015 low of around 1.0460." Well...
#Investors fixed #profits on short positions in #GPBUSD. This led to formation of an upward movement. It is recommended to fix the result of short positions and be ready to enter the market again. Find out more by checking out the Source Link...
The possible Fed rate hike in December still puts pressure on #Gold. Today the calm dynamics of the first days of the week continues. #Quotes are staying at the previously reached levels. Find out more by checking out the Source Link...
Trading recommendations and Technical Analysis – HERE! On Thursday scheduled the release of important data on the state of the Australian economy...
Skandinaviska Enskilda Banken made a technical forecast for telling that EUR/USD will go as high as 1.08 before 1.0655 support level will be broken by the price from above to below...
AUD/JPY: bearish breakdown. Citigroup made a technical and fundamental forecast suggesting to sell AUD/JPY with 84.25 as a target and 86.91 as a stop loss. As we see from the chart below - the price is located below Ichimoku cloud in the bearish area of the chart for the ranging between 88...
The #NewZealand #dollar has slightly increased after #RBNZ comments. The report of the CB showed that it's not going to lower interest rates in the near future. This pushed the #kiwi up, but the growth is limited with the strong U.S. dollar. Find out more by checking out the Source Link...
Chief Market Analyst (FXTM) Saying: Markets are set to wake up to concerns over a slowing China economy for the third successive day following annualised Industrial Production data slipping below expectations a few hours ago...
EUR/JPY: bearish breakdown. The price is located below Ichimoku cloud in the bearish area of the chart for the ranging: price is breaking 131.44 support level for the bearish breakdown to be continuing: If the price breaks 131...
In #Portugal the center-right coalition lost its absolute majority in #parliament and now the power in the country is in hands of socialists, the left bloc, communists. Experts are afraid that the country will repeat the Greek scenario. Find out more by checking out the Source Link...
The price is on bearish reversal: the price broke Ichimoku cloud and 'reversal' Senkou Span line from above to below to be reversed from the primary bullish to the primary bearish area of the chart. W1 price is on breakdown with the bearish reversal: The price is breaking 1...
USDCHF: USDCHF continues trade above its major support the 1.0000 level, further strength is envisaged. This view remains above the mentioned support despite its price hesitation. On the upside, resistance resides at the 1...
