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The Research Team at UOB Group views that with a strong support at 1.5100, the positive tone remains for GBP/USD for the next few days. Key Quotes “As indicated in yesterday’s update, a clear break above the key level of 1.5270 is unlikely.” “The sharp drop from the overnight high of 1...
For today R4 - 0.7995 / R3 - 0.7942 / R2 - 0.7907 / R1 - 0.7852 SPOT 0.7792 S1 - 0.7710 / S2 - 0.7665 / S3 - 0.7627 / S4 - 0.7580 LONG AT .7773 FOR .7942, STOP AT .7710...
“The older I get, the more I realize the truth is the simpler the food, the more exceptional it can be...
According to Deutsche Bank, the current consolidation of Gold might resolve to the upside towards $1329.00/31.00 as long as it remains above $ 1244.00...
Emmanuel Ng of OCBC Bank, views the near-term risks for AUD/USD towards 0.7720 levels. Key Quotes “With the RRR cut by PBOC granting little lasting buoyancy for the AUD-USD on Wednesday, the subsequent EUR jitters and renewed commodity softness saw the AUD-USD sinking back below 0.7800...
Nomura expects the US NFP to cone at a net new 230k jobs to be added to the US economy in January. Key Quotes "We expect the Bureau of Labor Statistics (BLS) to report on Friday, 6 February, that a net new 230k jobs were added to US nonfarm payrolls in January...
@TrueHedgeFX Trading Stress-Free Trading by Copying & Mirroring Trades. Twitter - #TrueHedge #TradingSignal Pay-Per-Trade Signals Available at: http://www.FXJunction.com/profile/TrueHedge...
NZD/USD continued its upward trajectory in the mid-Asian session, having closed flattish in the previous session, little affected by the bullish US services report. Supported by 10-DMA Currently, the NZD/USD extended gains and trades at 0.7389 levels, up 0.29% on the day on its way to retest 0...
In December 2014, Russia’s “Centre for Regulation in OTC Financial Instruments and Technologies” (CRFIN) conducted a survey amid retail Forex traders in the country, asking them to voice their opinion on the maximum leverage limit set by the lawmakers...
Facebook will reportedly set up a new office in Taiwan which will be engaged in platform advertising sales. Facebook said in a statement that the company will establish a small team in Taipei...
AUD/USD: Short One short position with a traling stop is still open since last week. See for more information my weekly reviews on my strategy pubished in the last 2 weeks. The AUD is at the moment the weakest currency with a score of 1 and the USD is the strongest with a currency score of 8...
It was a rather quiet session in America, with the latest string of US indicators having no effect on the dollar as investors remain sidelined ahead of the nonfarm payrolls and keep Greek debt negotiations on check...
EUR/JPY is in supply and trading at 132.77 at the time of writing, with a high of 135.36 and a low of 132.72 scored post the Greek news that took the euro lower...
US stocks market closed mostly lower on Wednesday as the investor sentiment was hit by a press release issued by the ECB where the central Bank suspended the guarantee to Greek banks to use Greek debt as collateral for loans...
The Euro is accelerating losses across the board, in response to Greek-related headlineshitting the wires late in the US session, noting that the ECB has decided that it will lift the current credit waiver on Greek government bonds, no longer being accepted as collateral, starting on Feb 11th...
EUR/USD lost the 1.1400 mark and made fresh lows for the day after the ECB announced it is lifting the waiver on using Greek government debt as collateral. The waiver allowed Greek debt to be used as collateral despite the fact that they did not fulfil minimum credit rating requirements...
The European Central Bank has suspended the eligibility of Greek sovereign debt as collateral for its liquidity operations, starting from February 11th...
US DOLLAR TECHNICAL ANALYSIS Prices may be preparing to decline after prices put in a bearish Evening Star candlestick pattern. Negative RSI divergence bolsters the case for a downside scenario. Near-term support is at 11734, the intersection of the 14...
Yanis Varoufakis, Greece's new finance minister, is a brilliant economist. His first steps onto the political stage, though, didn't seem to go very smoothly...
The selling pressure remains entrenched around the euro today, with EUR/USDstruggling to keep the trade above the 1.1400 mark. EUR/USD eyes on Greece, US Payrolls The pair continues to erode the recent upside from Monday’s dip below 1.1100 to yesterday 3-week highs near 1...
