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Technical Analysis DE30 - "Diesel scandal" of Volkswagen may continue in Europe - by IFC Markets Luxembourg brought criminal charges against the German automaker Volkswagen as part of the “diesel scandal” which previously was under way in US. Will the German DAX index advance? Volkswagen stocks lost 2% on Monday…
Daily Morning Report 07.02.2017 by Traderstrust The dollar climbed against a currency basket on Tuesday, boosted by the weaker euro as concerns over political uncertainty pressured the single currency lower. EUR/USD hit more than one-week lows of 1.0662 and was last at 1.0663, down 0.77% for the day. Sentiment on…
EURUSD hits technical resistance; targets 1.0600 Daily Forex Market Preview, 07/02/2017 The single currency is looking weaker after failing to break out above the technical resistance at 1.0737. Appetite for the single currency fell as the ECB President, Mario Draghi testified to the EU parliament yesterday where he reiterated that…
Gold Technical Analysis 06/02/2017 by PaxForex Gold - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 1500 points   Source: www.paxforex.com  
EURUSD Technical Analysis 06.02.2016‏ by GrandCapital The pair may remain within the range, as it is restrained by the ECB, that is inclined to continue expansionary monetary policy and the overall weakness of the US dollar amid the uncertainty of the interest rate increase and the start of Trump's fiscal…
Dollar eases as payrolls highlight soft wage growth Daily Forex Market Preview, 06/02/2017 The U.S. dollar settled lower on Friday after the January payrolls report showed a slow pace of growth in the average earnings while November and December payrolls were revised lower. The data overshadowed an otherwise solid headline…
GBPAUD Technical Analysis 03/02/2017 by PaxForex   GBPAUD - Bearish model: pair, ready to continue falling Outlook: the downward trend with the prospect of profits more than 100 points   Source: www.paxforex.com
Technical Analysis – EURGBP neutral in the near- and medium-term by XM EURGBP has been posting gains for the second day in a row, though it is currently mostly unchanged from the previous day’s close. Yesterday it rose by slightly more than 0.9%. The RSI indicator is currently at 52,…
Resumption of economic growth is bullish for Canadian dollar by IFC Markets Canadian GDP rose more than expected in November 2016, the fifth advance in six months. Will the Canadian dollar continue strengthening? The Bank of Canada left the interest rate unchanged at 0.5% at January 18 policy meeting as…
Asian Session – Yen slips on BOJ bond buying, dollar steady ahead of jobs data by XM Central banks moved the markets in Friday’s Asian session, ahead of the much anticipated US nonfarm payrolls report later in the day. The yen swung wildly in reaction to the Bank of Japan’s…
Friday, 03 February 2017 10:57

Daily Morning Report 03-02-2017

Daily Morning Report 03-02-2017 by Traderstrust The dollar was steady against other major currencies on Today, as investors eyed the release of a key U.S. employment report due later in the day and were still digesting the Federal Reserve’s most recent policy statement. EURUSD was little changed at 1.0758, off…
Friday, 03 February 2017 10:47

US Dollar looks to payrolls for support

US Dollar looks to payrolls for support Daily Forex Market Preview, 03/02/2017 The U.S. dollar index is showing signs of posting a reversal after the past 5-weeks of steady declines which could well turn out into six weeks unless today's payrolls surprise to the upside. Expectations are modestly higher, especially…
Friday, 03 February 2017 08:07

Weekly Market Review 3.2.2017

Weekly Market Review 3.2.2017 by Capital Investment Brokers Ltd. - CIBFX A good trading week over the US permeated after Dow Jones closed at 20,000 level. Other US indices also struck record highs, which mean that the US is expecting results of a better economic outlook and positive sentiments among…
Gold looks to FOMC as $1200/ounce price level to be tested Daily Forex Market Preview, 01/02/2017 Busy day for the markets with the start of a new trading month! Needless to say, the economic calendar is packed with fresh monthly data. While PMI's dominate most of Europe, the U.S. trading…
Wednesday, 01 February 2017 11:44

Daily Morning Report 01.02.2017

Daily Morning Report 01.02.2017 by Traderstrust The Australian and New Zealand dollars moved lower on today, as the greenback recovered from the previous session’s losses ahead of the Federal Reserve’s monthly policy decision, due later in the day. AUD/USD slipped 0.20% to 0.7571. The greenback had tumbled on yesterday, following…

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