USDJPY: With the pair remaining on recovery path, we look for more upside pressure to occur in the days ahead. This leaves the 121.32 level, its Sept 10 2015 high as the next upside target. A cut through here will set the stage more strength towards the 121.73 level, its Aug 28’2015 high...
While #markets are waiting for the Fed decision, #Greece is preparing for elections. This weekend will determine whether Alexis Tsipras will be a Prime Minister or maybe the "New Democracy" will become a leading party. Find out more by checking out the Source Link...
Current trend The GBP/USD strengthened significantly, supported by strong labor market statistics, released in the UK on Wednesday. From May to July, Average Earnings including Bonus grew by 2.9%, compared to the same period last year. It is the highest growth for the last 6-1/2-years...
It is almost impossible to justify interest rates being at near-zero given "the cumulative improvement in the economy over the past few years means," says Paul Ashworth chief, U.S. economist at Capital Economics...
Microsoft Rise as HoloLens Product Launch - Microsoft shares recorded gains his 2nd day yesterday after the launch of their new product, HoloLens...
Morgan Stanley Surviving High Near 3 Weeks - Morgan Stanley shares closed at 34.61 Wednesday, still close to the high level of the past three weeks after a sharp slowdown over the action of the worst selloff in the last 17 years...
BNZ made a forecast for EUR/USD up to March 2017 estimating the bearish condition to be continuing in 2015, ranging in 2016 and bear market rally in 2017. As we see from the weekly chart - the nearest support levels are 1.0924, 1.0807 and 1.0461. So, according to BNZ: 1...
Who has been buying in the last couple of weeks? Maybe those that are hopeful the Fed will keep rates artificially low are buying ahead of that awaited announcement? Or are people are buying for no other reason than others are buying...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, September 17th NZD/USD slipped lower amid NZ GDP coming out in red colour. Analysts expected that the economy growth pace would be 0.5% QoQ and 2.5% YoY. However, the actual figures were both 0...
H4 price is located above 100 period SMA (100-SMA) and above 200 period SMA (200-SMA) for the primary bullish market condition for the secondary ranging within the following key levels: 1. Intermediate levels. 1.1320 resistance level which is crossed by the price for now from below to above for 1...
Roller-coaster continues in #GBPUSD. Yesterday the #cable has turned around and demonstrated a powerful wave of growth amid positive #statistics. Discover our recommendations. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
#AUDUSD is testing a medium-term downtrend line, which can mean the end of this #trend. It's recommended to wait for new fundamental #signals and don't forget about the #event of the months or maybe even years – the publication of the Fed's monetary policy decisions...
BNZ made a forecast for AUD/USD up to March 2017 estimating the ranging market condition for this pair. As we see from the weekly chart - the nearest support levels are 0.7037 and 0.6907. If 0.7037 support level will be broken so 0.6907 will be the next bearish target...
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: Tuesday’s low close confirms the prior “spinning top” candle and signals lower in range. Below 1...
Japan has published the weak data on trade balance, exports and imports but statistics did not have a strong impact on the #yen. Ahead of the long-awaited announcement of the Fed interest #rate decision, Asian #stocks are mixed, #Gold traded flat. Find out more by checking out the Source Link...
USDCAD Bearish, Beware of resistance at 1.3250 - USDCAD bias to bearish opportunity, especially if the price holds below the MA 50-100-200 signal in the 4 hours chart. But potentially bearish movement is limited due to the stochastic indicator is in the overbought area...
The GDP data put a halt of Kiwi - Strengthening kiwi in a five-day streak stopped for a while after the release of gross domestic product data were disappointing New Zealand. Bureau of Statistics New Zealand reported a second-quarter gross domestic product grew 0...
Bullish Aussie stuck in Psychological Level 0.7200 - 0.7200 psychological level curb the strengthening of the Australian dollar today, the ability to move consistently above that area would bring the price rise towards 0.7260 area. Conversely if it continues to move below 0...
Sterling Shutter Resistance 1.5580 - The rise in average salaries in the UK are higher than expected, and the unemployment rate dropped to make sterling rose sharply in trading Wednesday...