Pre European Open, Daily Technical Analysis Friday, January 15, 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: key resistance at 1.0895. Pivot: 1...
CONSUMERS FORECASTED TO HAVE SPENT MORE IN DECEMBER BUT MARKET FOCUSING ON HOW MUCH DID ENERGY SAVINGS AND A STRONG USD DRIVE SALES HIGHER A strong non-farm payrolls (NFP) failed to spark a U.S. dollar rally despite crushing the forecast. In the past the U.S...
In a strategy note today, Deutsche Bank advises clients to sell EUR/USD through 2016 arguing that this should be another great year for the greenback which is poised to be a high-yielder by the end of the year...
EURUSD: With EUR taking back its intraday gains to close lower on Thursday, EURUSD remains vulnerable to the downside . Support lies at the 1.0800 level. Further down, support lies at the 1.0750 level where a violation will aim at the 1.0700 level. A break of here will aim at the 1.0650 level...
10%= correction, 20%= bear market. I know these arbitrary numbers sometimes seem silly, but when looking at the data, you have to draw the line somewhere. Get over it, let’s move on. The S&P 500 has been in a drawdown for the last eight months. Stocks are currently 9...
The drumbeat of bearishness is reaching a crescendo. Scary, attention-grabbing headlines have become the norm in a market overwhelmed by fear after U.S. stocks kicked off 2016 with the worst calendar-year beginning ever. And it isn’t as if 2015’s returns were anything to be cheerful about...
Hi guys. The first 2wks into 2016 has been truly a rollercoaster ride in financial markets; with crude oil, china, risk-off and risk-on plays being front and centre. Well what about gold..... nothing seems to be happening much in term of the media spotlight...
We are holding the short position in #GPBUSD. Today's meeting of the Bank of England did not bring significant changes in the dynamics of the #currency pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The short position in #Gold was closed after the #price has crossed the red Alligator's line. At the moment, we are out of the market, having some pending #orders. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Sign on a large scale that the Bank of England to maintain the current monetary policy and whether the Bank of England will show concern about the recent decline of the pound sterling in relation to speculation the News: Bank of England Rate Decision...
Pre US Open, Daily Technical Analysis Thursday, January 14, 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 upside prevails. Pivot: 1.084 Most Likely Scenario: long positions above 1...