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Forex Traders News

Latest live Forex News World-Wide helping you keep up to date

Daily Afternoon Report 18-03-2016 by TradersTrust The U.S. dollar slipped back toward five-month lows against its Canadian counterpart on Friday, after the release of upbeat Canadian retail sales data and as rising oil prices continued to lend support to the commodity-linked Canadian currency. USDCAD hit 1.2941 during early U.S. trade,…
USDCAD Technical Analysis USDCAD - bearish model: pair, ready to continue falling Outlook: the downward trend with the prospect of profits more than 100 points   Source: www.paxforex.com
New highs on global equities markets : 18.03.2016 US stocks rallied on Friday following the Fed meetings results on Wednesday when the interest rates were left unchanged and the number of the rate hikes this year lowered from four to two. The news supported the commodity markets as well but…
Technical Analysis #C-WHEAT : 2016-03-18 by IFC Markets Wheat prices were rising recently on cold weather forecast which could damage crops in US western wheat areas. Dry weather conditions expected in coming weeks in US plains may provide additional support for wheat. Will the wheat price continue upward correction following…
FORECAST FOR THE DAY ‏ 18-03-2016by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.15071 1.14245 1.13695 1.12869 1.12319 1.11493 1.10943 GBPUSD 1.48622 1.46824 1.45803 1.44005 1.42984 1.41186 1.40165 USDJPY 114.948 113.950 112.658 111.660 110.368 109.370 108.078 USDCAD 1.32743 1.32029 1.30871…
USDJPY Technical Analysis 17-03-2016 by PaxForex USDJPY - bearish model: pair, ready to continue falling Outlook: the downward trend with the prospect of profits more than 100 points   Source: www.paxforex.com
USD/CHF Intraday: the downside prevails. Pivot: 0.9845 Our preference: short positions below 0.9845 with targets @ 0.9745 & 0.9715 in extension. Alternative scenario: above 0.9845 look for further upside with 0.9915 & 0.9940 as targets. Comment: a break below 0.9745 would trigger a drop towards 0.9715. Chart Caption     Green…
EUR/USD Intraday: the upside prevails. Pivot: 1.1165 Our preference: long positions above 1.1165 with targets @ 1.1275 & 1.1320 in extension. Alternative scenario: below 1.1165 look for further downside with 1.1125 & 1.1055 as targets. Comment: the RSI is well directed.   Chart Caption     Green Lines Represent Resistances    …
17.03.2016 - ​TECHNICAL VIEW Currencies trading and euro. The price of EUR/USD was not able to overcome the support level at 1.1050 and rebounded upwards. As a result, quotations reached the level of 1.1200, and continues to consolidate close to this mark. If the price fixates above this level, quotations will…
FORECAST FOR THE DAY ‏ 17-03-2016by PCM Brokers   SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.14728 1.13573 1.12884 1.11729 1.11040 1.09885 1.09196 GBPUSD 1.45545 1.44137 1.43339 1.41931 1.41133 1.39725 1.38927 USDJPY 114.939 114.375 113.449 112.885 111.959 111.395 110.469 USDCAD 1.36136 1.35087…
Federal Reserve projects two rate hikes instead of four : 17.03.2016 by IFC Markets US stock market advanced on Wednesday after Federal Reserve kept the interest rate unchanged and lowered the forecast of rate hikes this year to two from earlier projection of four. The dollar weakened, the live dollar…
USD/CHF Intraday: the bias remains bullish. Pivot: 0.9845 Our preference: long positions above 0.9845 with targets @ 0.9895 & 0.9940 in extension. Alternative scenario: below 0.9845 look for further downside with 0.9800 & 0.9750 as targets. Comment: a support base at 0.9845 has formed and has allowed for a temporary…
Wednesday, 16 March 2016 11:32

EUR/USD Intraday: range 16-03-2016 by ORBEX

EUR/USD Intraday: range 16-03-2016 by ORBEX Pivot: 1.1135 Our preference: short positions below 1.1135 with targets @ 1.1070 & 1.1030 in extension. Alternative scenario: above 1.1135 look for further upside with 1.1165 & 1.1220 as targets. Comment: technically the RSI is below its neutrality area at 50. Chart Caption    …
16.03.2016 - TECHNICAL VIEW Currencies trading and euro. The price of EUR/USD continues to decline and is currently located near the rising channel's lower border. In case of continued decline and overcoming of support at 1.1050, the fall will continue until 1.0985. The nearest resistance level remains at 1.1200. Today…
FORECAST FOR THE DAY ‏ 16-03-2016by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.11840 1.11542 1.11310 1.11012 1.10780 1.10482 1.10250 GBPUSD 1.44226 1.43637 1.42558 1.41969 1.40890 1.40301 1.39222 USDJPY 115.461 114.795 113.956 113.290 112.451 111.785 110.946 USDCAD 1.35576 1.34795 1.34161…

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