Various offer side financial analysts have pushed back their appraisals of when the Federal Reserve will convey its first premium rate trek in light of the tumult in worldwide markets. More tightly monetary conditions, for example, higher rates, a more grounded U.S...
Worldwide money boss convinced China to join an outside trade peace agreement as they looked to contain the strains unleashed by the nation's securities exchange defeat and its August depreciation...
Firstly, a few words about the forecast for the previous week: - Regarding the forecast for EUR/USD, we can consider it to be, at best, 100% fulfilled and, at the very worst, 95% fulfilled. As had been foreseen, the pair spent the week revolving around the Pivot Point at 1.1200...
W1 price is located below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for ranging between the following levels: 1.4565 support level located far below 100-SMA/200-SMA in the primary bearish area of the chart, and Fibo resistance level at 1...
Technology and risks it may bear take over this year's Financial Times and McKinsey Business Book of the Year Award. No wonder, in the age of progressing technology and multiplying startups, readers crave for new biographies and fresh explanations...
AUDUSD: With AUDUSD selling off at the end of the week to follow through lower on the back of its previous week losses, more bear pressure is envisaged. On the downside, support resides at the 0.6800 level where a breach will aim at the 0.6750 level...
Since the expected zz formation of W did not happen today, expect the possibility of a free fall in eurusd prices. Since there is a possibility of a huge fall on Monday opening, entered SELL order of 0.02 lot size. But if the eurusd price retraces to 1...
Since the expected zz formation of W did not happen today, expect the possibility of a free fall in gold prices. Since there is a possibility of a huge fall on Monday opening, entered SELL order of 0.2 lot size...
EURCAD: Although EURCAD closed almost flat the past week, it still faces further weakness while holding below its major resistance located at the 1.5560 level. Support comes in at 1.4700 level with a cut through here opening the door for more weakness to occur towards the 1.4613 level...
W1 price is on bearish market condition - the price was stopped by 5758.0 support level for the primary bearish trend to be continuing. For now, the price is located below Ichimoku cloud between the following key levels: 7072...
Current trend Yesterday, Bent crude oil failed to consolidate at the achieved positions. The prices grew, supported by the announcement of the Head of the European Central Bank who confirmed the readiness of the Regulator to further stimulate the economy in order to accelerate inflation growth...
This trading week ended with some interesting results and setups for some pairs. So, let's describe some of the interesting moments...
Richmond Fed President Jeffrey Lacker, who had been in favor of a rate hike in June and will have a vote at the Fed's September 16-17 policy meeting, said the U.S. economy no longer needs interest rates near zero. His comments came minutes before the U.S. Labor Department released its report...
The pound sterling is already 3 percent weaker than the consensus third-quarter forecast of analysts surveyed mid-year...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: The ECB was the first to announce possible stimulus expansion. Who else...
#Oil is falling prior to the release of the U.S. non-farm employment change data. If the #statistics will be strong, the black #gold may rise sharply. And what would happen if the data turns to be weak? Find out more by checking out the Source Link...
EUR / USD: trend - bearish, medium long movement and lastly: a negative trend. A lower top and deeper bottom, sharp movements, which implies that today’s movements will be strong and sharp. Price below moving averages arranged in bearish formation...
USDJPY: The pair followed through lower on the back of its Thursday weakness during early trading on Friday. This leaves risk of more weakness. On the downside, support comes in at the 118.50 level where a break will target the 118.00 level. Below here if seen will aim at the 117...
