The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/CHF, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: tested 1.0850 overnight and held around there for the third time this week and looks very well-supported ahead of the post-NFP low from Friday...
A long position in #EURUSD was closed with a small #profit at the level of 1.0855, according to the signal of the red Alligator's line crossing. We are waiting for new signals from the #BillWilliams #system. Find out more by checking out the Source Link...
Our position to sale in #USDJPY is still relevant. But we should be very careful, because at the moment #quotes have already passed the value of the red Alligator's line. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#Copper is closely linked with the state of the Chinese #economy, as this country is a major consumer of the red #metal. On Tuesday, copper fell to its lowest level since April 2009 - $ 1.953 per #pound. Find out more by checking out the Source Link...
GBPJPY BULLISH FROM 169.90 STRONG SUPPORT 169.90 LONGTERM CALL BUY TREND...
Have you experienced a case (maybe very often) when your SL is hit and the turnover happens right in this moment...
Dear Traders, Yesterday's trading was dominated by a counter-movement in both major currency pairs. The euro trended downwards, moving away from its resistance at 1.0940, but the slide came to a halt at nearly 1.0840...
GBPUSD: Having sold off during early trading today, GBPUSD looks to recapture the 1.4400 zone. While the 14603 level caps any recovery, our bias remains lower. Support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300 level...
The thin data calendar this week could mean that swings in the market risk sentiment will continue to dominate the G10 FX markets...
#Quotes of #USDCAD continue to attack the new highs and the main reason for this is a downward #trend in #oil #prices. It is recommended to hold long positions, but be ready to take #profits if the #price goes below the short-term MA. Find out more by checking out the Source Link...
In the last couple of days an upward momentum of #Gold has slowed down, despite the fact that the situation in #stock and #oil #markets is still unstable. It seems that #investors still believe in the recovery of the global #economy. Find out more by checking out the Source Link...
R5 1.4786 29 Dec low R4 1.4727 31 Dec low R3 1.4663 4 Jan low R2 1.4645 * 8 Jan high R1 1.4600 figure...
12 January 2016, Time of Writing: 09:00 am Trader Daily Market Update --- Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 09:30 Manufacturing Production m/m GBP High -0.4% 0.1% Neutral 09:30 Industrial Production m/m GBP Med. 0.1% 0...
Decline in the #oil #market continues, and this year the "black gold" has already lost almost 20% of its #price. The largest #banks cut their forecasts for #2016. Thus, analysts of Standard Chartered believe that the price may fall to $10 per barrel. Find out more by checking out the Source Link...
Macroeconomic analyst Rob Kirby’s predictions of a downward spiraling economy are coming true. Kirby contends, “I think the last time we spoke, it was in early December...
USDCHF: Having turned higher on bullish offensive on Monday, further bullish offensive is envisaged. On the downside, support lies at the 0.9950 level. A turn below here will open the door for more weakness towards the 0.9900 level and then the 0.9850 level. Further down, support resides at the 0...
Currency investors should consider selling GBP/JPY this week, advises Credit Suisse in its weekly FX pick to clients...
The Canadian Dollar's main driver is the price of oil, which continues to make fresh lows. Is there an end in sight for the commodity's relentless sell-off...
As a new round of competitive devaluation looms, evidence is mounting that currency interventions are losing their potency. Mexico’s peso fell to a record on Friday as Cantor Fitzgerald LP criticized the nation’s efforts to strengthen the exchange rate as “mostly futile...
Currency investors should consider buying GBP/CAD this week, advises CitiFX in its weekly FX pick to clients. "ST positioning data suggests the market is short GBP...
