Pre US Open, Daily Technical Analysis Friday, February 12, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1330 Most Likely Scenario: short positions below 1...
Unintended consequences Yesterday’s session once again opened up the divisive world of currencies. With Fed rate hikes off the table, then that dynamic is no longer applicable for the market...
Chart: http://bi0l.blogspot.com/2016/02/eurusd-intraday-forecast-technical-side_12.html Calculated levels today: Support (S1 / S2 / S3 = 1.1284 / 60/21), resistance (R1 / R2 / R3 = 1,1363 / 87 / 1.1427). Key support levels (1st from 1.1261 to 1.1327 late in the day, the 2nd of 1.1212 to 1.1268...
Chart: http://bi0l.blogspot.com/2016/02/brent-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 30,59 / 30,26 / 29,72), resistance (R1 / R2 / R3 = 31,67 / 32,00 / 32,54). Key level (1st from 31.68 to 31.10 at the end of the day, the 2nd of 32.72 to 32...
COSMOS4U MACD Indicator under 33, 124, 7 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (12 FEB 2016 10:00 AM UTC...
12 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 10:00 Flash GDP q/q EUR Med. 0.3% 0.3% Neutral All Day ECOFIN Meetings EUR Med. - - Neutral 13:30 Core Retail Sales m/m USD High -0.1% 0...
Euro May Fall vs. US Dollar as Data Renews Disparate Policy Bets Talking Points: Euro may fall as soft GDP data fuels ECB stimulus bets, boosts risk appetite US Dollar to see outsized gains if Retail Sales, UofM data tops expectations NZ Dollar drops, Yen gains as risk-off Wall St...
Pre European Open, Daily Technical Analysis Friday, February 12, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the bias remains bullish. Pivot: 1...
U.S. CONSUMERS CONFIDENT YET STILL NOT SPENDING The paradox of the U.S. consumer continues to confound economists. Wages and the number of jobs have risen to before crisis levels but while their confidence remains high in the short-term consumers have opted to save. The U.S...
What Volatility in Stocks, FX and Commodities Is Telling Us Talking Points: • Volatility is an important measure in trading, but what it signifies can change with circumstance • Not all volatility measures have a directional aspect like those for the S&P 500 (VIX) and oil (OVX) • Activity wit...
Market momentum slows and risk appetite continues to wane, despite benchmark Brent crude prices cautiously edging higher from last week’s lows. Meanwhile, the BoJ’s dramatic move to negative interest rates last week saw JPY touch 14-month highs against USD, with more gains to come...