News / Blog
Gold price is traded on 5.5 year low by reachin 1052.67 support: the price is under pressure by bearish fundamental news events from the US and strong US dollar which is breaking 100.31 resistance to above for now...
Many analytics and int'l financial institutions published their forecasts related to US Dollar and emerging currency market in 2016...
Goldman Sachs made a forecast related to upcoming European Central Bank meeting on Thursday stated that this ECB meeting will be more than just a usual policy decision. Goldman Sachs is expecting the following: EUR/USD to break 1.05 support area at day-end, 1.0461 will be broken at year-end; 0...
Morgan Stanley estimated the most interesting possible trades by the direction for some pairs which they will trade in 2016. GBP/JPY. Short. Monthly price is on bullish market condition with the ranging within 195.86 resistance and 174.86 support levels...
Many analytics are expecting the global high impact of Fed hike which will be first rate rise in 10 years: Trevor Charsley from AFEX is considering that the Fed interest rate rising will affect on the emerging markets because the debt repayments will be increased...
Dollar index is on bullish condition breaking 100.20 resistance for 100.38 as the next bullish target. Second pivot-resistance level at 99.31 was broken by the price, and it is ranging within important psy levels for now. If the price breaks 100...
Societe Generale made a forecast for NZD related pairs based on fundamental analysis expecting the bearish market condition to be continuing. The main reason for that are the following: house price inflation is up to 15% y/y; expectation for rate cut at next RBNZ meeting to 2.5% from 2.75...
The week is going to be a critical one for the market: we will see some high impacted news events which can move the market a lot: 2015-12-03 12:45 GMT | [EUR - Repo Rate] 2015-12-03 13:30 GMT | [EUR - ECB Press Conference] 2015-12-03 15:00 GMT | [USD - Fed Chair Janet Yellen Yellen Speech] 2015...
Many analysis are considering NZD as the strongest currency for now compare with JPY for example. Anyway, as we see from the chart above - NZD/USD is on bearish condition for far below 100 SMA/200 SMA reversal area, and it seems the bearish trend will be continuing for breaking 0...