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Intraday Technical Levels and Trading Recommendations for GBP/USD for March 1, 2016 01 Maret 2016 5:55 PM In November 2015, a bearish engulfing weekly candlestick closed below the level of 1.5200 (neckline of the Head and Shoulders pattern...
Intraday Technical Levels and Trading Recommendations for EUR/USD for March 1, 2016 01 Maret 2016 5:49 PM In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 and 1.2000 where historical bottoms were previously set in July 2012 and June 2010...
If you are new to the world of trading, then an important stakeholder within the trading ecosystem that you must become aware of is the 'Market Maker'. The role of the market maker is to ensure a continuous supply of sell and buy quotes for anyone wishing to trade on the market...
Eurozone Jobless Rate Lowest Since Mid-2011 01 Maret 2016 5:22 PM The euro area unemployment rate fell to the lowest level since mid-2011 in January, data from Eurostat showed Tuesday. The jobless rate came in at 10.3 percent in January, down from 10.4 percent in December...
EUR/USD in Weekly Lows Near 1.0850 01 Maret 2016 10:15 AM The common currency accelerates its selling pressure today, now sending EUR/USD to test daily lows in the mid-1.0800s. EUR/USD attention to risk trends, US docket Spot has surrendered the spike to the boundaries of the 1...
Quotes of #Gold continue to fluctuate in a narrow trading range with a tendency to increase. It is recommended to stay out of the market before the price leaves the range of $1190-1260 per troy ounce. Find out more by checking out the Source Link...
#EURUSD continues to trade within a downward price channel. The disappointing consumer price index in the euro zone gives a reason to expect an extension of the current quantitative easing program at the next ECB meeting. Find out more by checking out the Source Link...
GOLD: With GOLD reversing its Friday losses on Monday, a build up on that gain is likely. However, it remains trapped within its consolidation, leaving directional move a challenge. On the downside, support comes in at the 1220.00 level where a break will turn attention to the 1210.00 level...
Technical Analysis of USD/CAD for March 1, 2016 01 Maret 2016 2:40 PM General overview for 01/03/2016: The projected target levels for wave (b) blue has not been hit so far and the market is starting to reverse lower sooner than expected...
Analysis : Channel Down identified at 01-Mar-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.715 within the next 5 hours. Resistance Levels : ( B ) 0.7154Last resistance turning point of Channel Down. Support Levels...
Technical Analysis of EUR/JPY for March 1, 2016 01 Maret 2016 2:34 PM General overview for 01/03/2016: Let's take a look at the higher time frame technical picture and Elliott wave count for this pair. In a daily time frame, we can see a complex corrective structure labeled as ABC-X-ABC pattern...
Our trade call is to sell Cable on a Manufacturing PMI reading below 51. Both stop-loss and take-profit approximately equal the ADR of 140 pips, but both should be set above significant levels of support or resistance...
Technical Analysis of EUR/USD for March 01, 2016 01 Maret 2016 9:17 AM When the European market opens, some economic news will be released such as Unemployment Rate, Italian Monthly Unemployment Rate, Final Manufacturing PMI, German Final Manufacturing PMI, German Unemployment Change, French Fina...
Technical Analysis of USD/JPY for March 01, 2016 01 Maret 2016 9:16 AM In Asia, Japan will release the 10-y Bond Auction, Final Manufacturing PMI, Capital Spending q/y, Unemployment Rate, and Household Spending y/y...
Daily analysis of major pairs for March 1, 2016 01 Maret 2016 6:29 AM EUR/USD: The EUR/USD pair traded further south on Monday, making more conspicuous the bearish movement that started a few weeks ago...
Business activity in China's industrial sector remains below the level of 50 that is considered to be contraction. Another portion of weak statistics gives reason to expect new stimulus moves by the People's Bank of China. Find out more by checking out the Source Link...
Yen Drops Against Majors 01 Maret 2016 1:50 PM The yen weakened against the other major currencies in the late Asian session on Tuesday. The yen fell to 122.76 against the euro, 113.07 against the Swiss franc and 157.27 against the pound, from an early 3-year high of 122.07, a 1-week high of 112...
Fxwirepro: NZD/JPY Extends Range Trade, Weakness Only Below Trendline Support at 73.60 01 Maret 2016 1:18 PM NZD/JPY remains stuck in its multi-week range of 76.84-73.54 although recent signs point to a test of the downside ahead...
EUR/GBP Eases Towards 0.78 Ahead of UK, EMU Data 01 Maret 2016 6:28 AM The better tone around the sterling has prompted EUR/GBP to extend its correction lower to the 0.7800 neighbourhood on Tuesday...
