Forex Traders News
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Monday, 10 October 2016 08:31
Dollar gains on second presidential debate
Dollar gains on second presidential debate Daily Forex Market Preview, 10/10/2016 The US dollar edged higher on the open on the back of the just concluded second presidential debate, giving another victory to Democratic candidate Hillary Clinton. Once again, it was the Mexican peso which posted strong gains within a…
Friday, 07 October 2016 08:12
Dollar firm ahead of US jobs report
Dollar firm ahead of US jobs report Daily Forex Market Preview, 07/10/2016 The US dollar posted strong gains in early trading today and continued its bullish momentum after the US dollar index broke above the 96.00 resistance level yesterday. Further gains can be seen, but resistance at 97.35 remains a…
Thursday, 06 October 2016 09:14
US dollar remains well bid, supported by bullish fundamentals
US dollar remains well bid, supported by bullish fundamentals Daily Forex Market Preview, 06/10/2016 The US dollar continued to maintain its bullish momentum going after yesterday's soft ADP payrolls report was offset by stronger than expected ISM non-manufacturing PMI and factory orders. Gold prices remained under pressure although prices pulled…
Wednesday, 05 October 2016 08:38
Dollar posts a 6-day winning streak against yen
Dollar posts a 6-day winning streak against yen Daily Forex Market Preview, 05/10/2016 The US dollar is trading strong against the yen with USDJPY now into a 6-day winning streak. Ahead of today’s ISM non-manufacturing PMI and ADP private payrolls data, the technical outlook in USDJPY is biased to the…
Tuesday, 04 October 2016 18:36
GBPJPY Technical Analysis 04-10-2016 by PaxForex
GBPJPY Technical Analysis 04-10-2016 by PaxForex GBPJPY - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 255 points Source: www.paxforex.com
Tuesday, 04 October 2016 18:27
Technical Analysis #C-WHEAT 04-10-2016 by IFC Markets
Technical Analysis #C-WHEAT 04-10-2016 by IFC Markets USDA cut wheat crop forecast USDA cut forecast of summer wheat crops for 2016/17 as well as corn crops for September 1, 2016. As a result, corn prices edged up. Will wheat follow its steps? In its quarterly grains report USDA…
Tuesday, 04 October 2016 07:25
RBA leaves the cash rate unchanged. AUD looking weaker
RBA leaves the cash rate unchanged. AUD looking weaker Daily Forex Market Preview, 04/10/2016 The Reserve Bank of Australia's monetary policy meeting today saw the central bank leaving interest rates unchanged at 1.50%. The US dollar remains strong with prices seen rising for the second consecutive day. Resistance at 96.00…
Monday, 03 October 2016 10:57
GBP weaker as British PM talks Brexit trigger
GBP weaker as British PM talks Brexit trigger Daily Forex Market Preview, 03/10/2016 The British pound opened today on a weaker note following the British PM Theresa May confirming over the weekend that the UK will start the negotiations to leave the EU by March 2017. The news put to…
Friday, 30 September 2016 19:49
Wave analysis and forecast for 30.09.2016 – 07.10.2016 by LiteForex
Wave analysis and forecast for 30.09.2016 – 07.10.2016 by LiteForex EUR/USD Wave analysis and forecast for 30.09 – 07.10: The decline in the pair is likely to continue. Estimated pivot point is at the level of 1.1250. Our opinion: Sell the pair from correction below the level of 1.1250…
Friday, 30 September 2016 15:09
FORECAST FOR THE DAY 30-09-2016by PCM Brokers
FORECAST FOR THE DAY 30-09-2016by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.13012 1.12750 1.12481 1.12219 1.11950 1.11688 1.11419 GBPUSD 1.31353 1.30962 1.30313 1.29922 1.29273 1.28882 1.28233 USDJPY 102.872 102.351 101.680 101.159 100.488 99.967 99.296 USDCAD 1.33381 1.32604…
Friday, 30 September 2016 15:07
Technical Analysis SP500 30-09-2016 by IFC Markets
Technical Analysis SP500 30-09-2016 by IFC Markets Low interest rates are bullish for SP500 The Federal Reserve left the interest rate in the range 0.25-0.5% at September 21 policy meeting but signaled it intends to hike rates this year. Will SP500 continue rising? The Federal Reserve held off…
Friday, 30 September 2016 15:01
TESLA Technical Analysis 30-09-2016 by PaxForex
TESLA Technical Analysis 30-09-2016 by PaxForex TESLA - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 350 points Source: www.paxforex.com
Friday, 30 September 2016 10:15
Commodity currencies closed weaker, giving up OPEC led gains
Commodity currencies closed weaker, giving up OPEC led gains Daily Forex Market Preview, 30/09/2016 Following the OPEC led gains in the oil markets which saw the commodity linked currencies gaining ground, price action yesterday saw the currencies give up most of the gains as the US dollar edged higher on…
Thursday, 29 September 2016 10:23
OPEC decision lifts equities, commodity currencies
OPEC decision lifts equities, commodity currencies Daily Forex Market Preview, 29/09/2016 US stocks closed higher yesterday, led by gains in the energy sector as OPEC announced plans to cut production, to be formalized in the November OPEC meeting. The news helped lift commodity currencies as well with the Canadian dollar…
Wednesday, 28 September 2016 09:13
Yellen back in the spotlight, US data eyed
Yellen back in the spotlight, US data eyed Daily Forex Market Preview, 28/09/2016 The US dollar is looking to make a comeback with price action showing a positive close yesterday as flash services PMI came out higher than expected while US consumer confidence continued rose to 104.10, helping to lift…
