Oil prices managed to re Ricochet again yesterday, despite falling to below US $ 30 for the first time since 2003 and recorded the first increase in eight days ago. This crude fell WTI to hit US $ 29.93 per barrel before settling at $ 30...
Hello traders, sorry there have been no posts in the last several days I had some technical issues and can not get them fixed so I am on my laptop. So today as I have talked all week about the GBPUSD and how strong it is and that is all the dollar and not the GBP...
Hundreds of copies of Nigeria's 2016 budget have gone missing at the country's parliament, an MP who requested anonymity has told the BBC. The senate was unable to start considering the proposed budget because of the missing documentation, he said...
by Jamie Saettele, CMT, Sr. Technical Strategist and David Song, Currency Analyst With the Federal Reserve removing the zero-interest rate policy (ZIRP) in 2015, the normalization cycle in the U.S...
The sharp declines in Asia - particularly China - and also in the USA has left investors edgy. Look for further volatility in the USD, SPX and AUD as market views adapt to the data coming in. This is what Call Levels is built for - to provide you reliable monitoring in difficult times...
A short position in #EURUSD remains relevant and we have some additional #signals. It should be noted that #market players do not hurry with actions, preferring to wait for tomorrow's minutes of the #ECB December's meeting. Find out more by checking out the Source Link...
Stabilization of the situation in financial markets has led to the fact that #Gold as a safe-haven #asset is no longer in high demand. Thus, an order to sale continues to be in the #market. Find out more by checking out the Source Link...
GOLD: Having followed through lower strongly on Tuesday GOLD remains weak and vulnerable to the downside on more weakness. On the downside, support comes in at the 1070.00 level where a break will turn attention to the 1060.00 level...
The second half of 2015 may have very well set the stage for a 2016 that will offer the kind of opportunities Forex traders haven’t seen since the 2008/2009 era, and I don’t say that lightly...
Strong data on China's trade balance improved #investors sentiment in all financial #markets. The positive statistics also supported #commodity #currencies, such as #AUD and #NZD. Australia and New Zealand are key trading partners of China. Find out more by checking out the Source Link...
R5 1.0266 3 Dec high R4 1.0240 * Jan 2015 high R3 1.0200 figure R2 1.0125 * 5 Jan high R1 1.0073 intraday level...
USDJPY Forecast The USDJPY was indecisive yesterday. The bias is neutral in nearest term. Immediate resistance is seen around 118.07 (yesterday’s high). A clear break above that area could trigger further bullish pressure testing 118...
13 January 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 15:30 Crude Oil Inventories CAD Med. -5.1M 1.9M Negative 19:00 Beige Book USD Med. - - Neutral 00:30 (14/01) Employment Change AUD High 71.4K -11...
Pivot Points - Daily Last Updated: Jan 13, 10:00 am +03:00 Daily Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.06963 1.07771 1.08166 1.08579 1.08974 1.09387 1.10195 USD/JPY 115.945 116.789 117.206 117.633 118.05 118.477 119.321 GBP/USD 1.40352 1.42434 1.4344 1.44516 1.45522 1.46598 1.4868 USD/CHF 0...
Pivot Points - Hourly Chart Last Updated: Jan 13, 10:00 am +03:00 Hourly Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08137 1.08229 1.08275 1.08321 1.08367 1.08413 1.08505 USD/JPY 117.746 117.958 118.044 118.17 118.256 118.382 118.594 GBP/USD 1.44177 1.44349 1.44434 1.44521 1.44606 1.44693 1...
Asian stock markets were mostly rising after China has released unexpectedly strong data on #trade balance. #Nikkei 225 and #S&P / ASX 200 rose, but Shanghai Composite #index continues to fall due to the devaluation of the #yuan. Find out more by checking out the Source Link...
Pre European Open, Daily Technical Analysis Wednesday, January 13, 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 downside prevails. Pivot: 1...
THE USD ADVANCED 0.353 VERSUS THE CAD IN THE LAST 24 HOURS The USD/CAD touched multi-year highs (1.4316) as the price of oil continues to tumble as supply is far outstripping demand around the globe. The loonie was last at the 70 cent level in 2003...
We've been seeing signs that wage growth is on the horizon for quite some time. For example, small businesses have reported planning to increase compensation and have cited "labor quality" as one of their biggest concerns...
EURUSD: With EUR remaining weak and vulnerable to the downside, risk remains lower on bear pressure. This view remains valid as long as the 1.0969/1.0000 resistance zone remains unbroken. Support lies at the 1.0800 level. Further down, support lies at the 1...
