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No boost in US dollar bullish sentiment yet : 29.02.2016 Bullish bets on US dollar fell for the ninth straight week, declining to $5.74 billion from $8.31 billion against the major currencies in the previous week as evidenced by the report of the Commodity Futures Trading Commission (CFTC) covering data…
EURUSD Technical Analysis EURUSD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 100 points   Source: www.paxforex.com  
Forecast for the day 29-02-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.11914 1.11297 1.10345 1.09728 1.08776 1.08159 1.07207 GBPUSD 1.41748 1.41083 1.39860 1.39195 1.37972 1.37307 1.36084 USDJPY 115.855 114.918 114.426 113.489 112.997 112.060 111.568 USDCAD 1.36084 1.35858 1.35492…
Anticipating two-day G20 meeting : 26.02.2016 US stocks closed much higher on Thursday on rebounding oil prices that relieved the concerns on the possible banks’ debt defaults. S&P 500 index closed 1.13% higher at 1,951.7 with all its sectors closing in the black and financials, industrials and basic materials being…
GBPUSD Technical Analysis GBPUSD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 120 points   Source: www.paxforex.com  
Technical Analysis XAUUSD : 2016-02-26 Gold is rising with continued turmoil in global equities. Investors are increasing their holding in bullion backed gold exchange traded funds. Will gold continue rising? Gold price has gained 16% since the start of 2016 as falling commodity prices intensified concerns about slowing global growth.…
Forecast for the Day 26-02-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.11167 1.10830 1.10535 1.10198 1.09903 1.09566 1.09271 GBPUSD 1.41033 1.40496 1.40063 1.39526 1.39093 1.38556 1.38123 USDJPY 114.465 113.741 113.338 112.614 112.211 111.487 111.084 USDCAD 1.38964 1.38154 1.36777…
Global markets follow oil’s lead : 25.02.2016 US stock market edged higher on Wednesday following a recovery in oil prices late in the session. The dollar pared earlier losses and according to the live dollar index the ICE US Dollar index, a measure of the dollar’s strength against a basket…
Technical Analysis PCI : 2016-02-25 The global meat prices reached the local low early in June 2015. Since then the beef lost 30% while pork became 16% cheaper. Does this mean the price disparity between the meat prices? Let’s study the personal composite instrument (PCI) chart of Fcattle/Lhog to look…
USDJPY Technical Analysis 25-02-2016 by PaxForex   USDJPY - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 130 points   Source: www.paxforex.com  
Thursday, 25 February 2016 06:10

Forecast For the Day 25-02-2016 by PCM Brokers

Forecast For the Day 25-02-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.11385 1.10922 1.10493 1.10030 1.09601 1.09138 1.08709 GBPUSD 1.41609 1.40937 1.40123 1.39451 1.38637 1.37965 1.37151 USDJPY 113.687 112.973 112.461 111.747 111.235 110.521 110.009 USDCAD 1.39860 1.39221 1.38041…
Technical Analysis &AUD_Index : 2016-02-24   The Australian dollar is strengthening on the commodities rebound. Moreover, market participants nw begin considering it as a safe haven asset amid the heightened risks of Brexit from EU. Let’s study the performance of the PCI – Australian dollar index as it embraces not…
Oil slumps on prospect of no output cuts : 24.02.2016 US stocks ended lower on Tuesday as the resumption of oil decline once again undermined investor confidence. The dollar was little changed. According to live dollar index data the ICE US Dollar index, a measure of the dollar’s strength against…
Daily Technical levels – Trading Central 24-02-2016 by Orbex‏   EUR/USD Intraday: under pressure. Pivot: 1.1065 Our preference: short positions below 1.1065 with targets @ 1.0985 & 1.0965 in extension. Alternative scenario: above 1.1065 look for further upside with 1.1100 & 1.1140 as targets. Comment: the RSI lacks upward momentum.…
Wednesday, 24 February 2016 06:14

Forecast for the day 24-02-2016 by PCM Brokers

Forecast for the day 24-02-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.11125 1.10824 1.10497 1.10196 1.09869 1.09568 1.09241 GBPUSD 1.42607 1.42082 1.41122 1.40597 1.39637 1.39112 1.38152 USDJPY 114.080 113.563 112.800 112.283 111.520 111.003 110.240 USDCAD 1.39527 1.38864 1.38267…

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