New month, new paradigm January felt like a very long month for most involved with markets, given the continued worries regarding China and the volatility seen in many asset markets...
There is no trade call for the session as Chinese PMI’s didn’t offer a probable opportunity, and Asian equities have started the week mixed giving no clear risk sentiment. We will wait for clear sentiment developments, or high impact macro data...
Talking Points USD/JPY rallies violently into cyclical turn window 121.50 – 122.00 is critical resistance USD/JPY: Shock & Awe The Pi cycle interval from the June 2007 high (8.6 years) in USD/JPY suggested that we might get some fireworks around the BOJ meeting last night...
The Bank of Japan brought the thunder Friday, shocking investors and economists after it pushed a key interest rate into negative territory in its latest attempt to reinflate the country’s economy...
China seems afraid that George Soros and other speculators are ready to attack the yuan in the same fashion that made the billionaire hedge-fund pioneer world famous in 1992, when he famously “broke the Bank of England” by aggressively shorting the British pound. But while the yuan USDCNY, +0...
Oil Collapse Driven by Panic; Is CAD at a Policy Turning Point? Friday, Jan 29, 2016 1:30 pm +03:00...
Pivot Points - Hourly Last Updated: Jan 29, 2:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08632 1.08869 1.08994 1.09106 1.09231 1.09343 1.0958 USD/JPY 120.084 120.426 120.571 120.768 120.913 121.11 121.452 GBP/USD 1.41635 1.42384 1.42689 1.43133 1.43438 1.43882 1.44631 USD/CHF 1.01131 1...
29 January 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 08:00 Spanish Flash CPI y/y EUR Med. 0.0% 0.1% Negative 08:00 Spanish Flash GDP q/q EUR Med. 0.8% 0.8% Neutral 09:00 M3 Money Supply y/y EUR Med. 5.1% 5...
Pivot Points - Hourly Last Updated: Jan 29, 11:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.0855 1.08756 1.08862 1.08962 1.09068 1.09168 1.09374 USD/JPY 120.079 120.361 120.488 120.643 120.77 120.925 121.207 GBP/USD 1.43037 1.43425 1.43577 1.43813 1.43965 1.44201 1.44589 USD/CHF 1.01419 1...
It can be a low positive exchange rate when the market is unable to compete in the doldrums. Then the devaluation contributes to the creation of jobs and increase demand for exports...
https://www.mql5.com/en/blogs/post/657889 Pivot Points - Hourly Last Updated: Jan 29, 9:00 am +03:00 Symbol S3...
Fear that Britain could vote to leave the European Union is hurting the pound. And the pain may just be beginning. A referendum on membership of the EU could be held as early as June, and investors are becoming increasingly concerned about a British exit -- or 'Brexit...
If there is any sign that the Australia economy is in a weird place, it is the reaction to Wednesday’s inflation numbers. The annual inflation rate of 1.7% is well below the Reserve Bank’s target rate of 2% to 3...
Gold prices gained interests as a result of the possibility of buying a new delay the Fed to raise rates of economic uncertainty and spread on a large scale. It prompted profit taking and short covering sites operations since then gold to relegation from the top to the bottom, who is 1128...
Support & Resistance Last updated: Jan 27, 2:18 pm +03:00 S - Strong | M - Moderate...