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Japan's economy likely shrank in April-June as fares drooped and buyers decrease spending, a Reuters survey demonstrated, boding sick for Prime Minister Shinzo Abe's approach drive to lift the economy out of many years of emptying...
The price is on bullish market condition with the ranging which was started in the middle of June this year. The price was stopped by 195.86 resistance level with the ascending triangle pattern which should be broken by the price for the bullish trend to be continuing...
W1 price is on primary bearish with secondary ranging market condition: the price is moved within 0.7249 resistance and 0.6935 support levels. The price is ranging for direction: it may be local uptrend as the secondary market rally within the bearish, or bearish breakdown...
Trading is dealing with uncertainty. Most people find this the hardest part. The future or your money is at stake and this can make us restless. To feel safe many budding Forex traders surround themselves with a cornucopia of technical indicators. Professionals do not...
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. China's yuan devaluation: why it begins and what it means for global markets...
Bank of America, Barclays, BNP Paribas, Citi, Goldman Sachs, HSBC, JPMorgan, RBS and UBS agreed to pay more than $2bn in this settlement a law firm involved in the process said...
In every time frame the yellow MA is locked above black MA and the eurusd price seems to be well set to reach the price level of 1.17, if not this week, at least by next week...
As mentioned in my previous posts, even now, it appears that the gold price has taken support around 1113 level and with a double bottom with yesterday's low, it appears that the gold price is well positioned to move towards 1170...
Facebook announced breaking news app by launching auto-play video ads format to third-party applications in its mobile ad network. This application will help to Facebook to attract more users to their network: users will only be able to send out links from websites they control...
Current trend The NZD remains volatile, trading not far from where it was at the start of the week. On Thursday, the USD gained back some of its losses Yesterday, New Zealand released Business PMI for July (54.5 points from 55.1 earlier). Food Price Index grew from 0.5% to 0...
The USD/CAD pair remained in rest mode as markets seek some impetus from US and Canadian data later today...
EURJPY: Remains On The Offensive With Eyes On 140.00 Level EURJPY: The cross remains biased to the upside with eyes on its key resistance at the 140.00 level. This is coming on the back of recent bullish offensive following its corrective recovery triggered off the 133.29 level...
Skandinaviska Enskilda Banken (SEB) made some intra-day analysis for few pairs whch may be used for the next week for example. Those pairs are the following: EUR/USD, USD/JPY, EUR/GBP and AUD/USD...
This trading week was ended with market rally: the price was moved on local uptrend within the primary bearish and stopped by 1125.73 resistance level. For now the price is ranging between 1125.73 resistance and 1077.20 support...
Bank of America Merrill Lynch is dispalling the doubts about the ability of the USD to rally further and about the EURUSD to resume the bearish market condition...
Nomura Holdings, Inc. (Japanese financial holding company) made some analysis and created some interesting conclusion: China can control the forex market and to move it where it wants...
M5 price is located between SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown of the key reversal support/resistance levels: 1.1161 and 1.1137...
JP Morgan publish the next technical analysis for EURUSD, and for now - about the key levels for the bullish trend to be continuing in intra-day and day trading: "For the bulls to really gain more traction and in order to free the way for a much broader recovery towards 1.1699 and 1.1811 (int. 38...
Weekly price is on bearish market condition for ranging between 48.19 intermediate support and 51.58 intermediate resistance levels. The key s/r levels are the following: 45.17 key support located far below Ichimoku cloud inside the primary bearish area, and 65...
