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Forex Traders News

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US retail sales and BoE meeting could keep GBPUSD volatile Daily Forex Market Preview, 15/09/2016 GBPUSD posted a strong rebound yesterday as noted, despite the short term intraday dip to session lows below 1.3200. Today’s Bank of England meeting, UK, and US retail sales data will weigh on the currency,…
Wednesday, 14 September 2016 14:36

Forecast For Today 14-09-2016 by PCM Brokers

Forecast For Today 14-09-2016 by PCM Brokers   SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.13082 1.12840 1.12516 1.12274 1.11950 1.11708 1.11384 GBPUSD 1.34699 1.34050 1.32965 1.32316 1.31231 1.30582 1.29497 USDJPY 104.380 103.559 103.052 102.231 101.724 100.903 100.396 USDCAD 1.33938 1.32914 1.32331…
Wednesday, 14 September 2016 14:29

USDCAD Technical Analysis 14-09-2016 by PaxForex

USDCAD Technical Analysis 14-09-2016 by PaxForex     USDCAD - bullish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 90 points   Source: www.paxforex.com
Wednesday, 14 September 2016 11:11

GBP looks to rebound with jobs report in sight

GBP looks to rebound with jobs report in sight Daily Forex Market Preview, 14/09/2016 The British pound, which extended its declines from last week will be the currency in focus today as the payrolls report for August is due for release today. Economic releases from the US picks up from…
Investors build long dollar bets on bullish Fed talk 13-09-2016 by IFC Markets   US dollar bullish bets rose to $9.09 billion from 5.29 billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to September 6.…
Tuesday, 13 September 2016 17:41

Draghi’s speech, UK inflation data in focus

Draghi’s speech, UK inflation data in focus Daily Forex Market Preview, 13/09/2016   Fed member, Lael Brainard's speech was dovish yesterday briefly sending the US dollar weaker as she urged patience in hiking rates. It was one of the most dovish views from the FOMC members so far but highlights…
Monday, 12 September 2016 08:29

Brainard speech in focus amid a quiet start

Brainard speech in focus amid a quiet start Daily Forex Market Preview, 12/09/2016 Fed member, Lael Brainard’s speech will be the centerpiece for the markets today amid a quiet trading day with not much of economic releases on the agenda. The US dollar closed last week, recovering some of the…
Wave analysis and forecast for 09.09.2016 - 16.09.2016 by LiteForex       EUR/USD Wave analysis and forecast for 09.09 – 16.09: The pair is undergoing correction. The pair is likely to decline. Estimated pivot point is at the level of 1.1324. Our opinion: Sell the pair from correction below the…
Euro trades mixed, but downside bias increasing Daily Forex Market Preview, 09/09/2016 The single currency initially surged by over 0.70% during the day yesterday after the ECB left policy unchanged. However, after a few attempts to break out above $1.3000, EURUSD soon settled the day lower. Price action is currently…
ISM non-manufacturing PMI sends the dollar plunging Daily Forex Market Preview, 07/09/2016 Weaker than expected non manufacturing PMI data released yesterday sent the US dollar weaker as precious metals staged an impressive rally. With rate hikes being the core of the economic releases, yesterday's data has worsened the likelihood of…
06.09.2016 - THE BRITISH POUND MAY RISE TO 1.3500 by FXFINPRO CAPITAL   The price of the British pound shows growth and is currently trying to overcome the resistance level at 1.3350. In case of success, we will see continued growth of quotations with potential targets at 1.3500 and 1.3600.…
Traders eye ISM non-manufacturing PMI as markets stay flat Daily Forex Market Preview, 06/09/2016 The markets were trading flat yesterday on account of the US and Canadian markets staying close. However, GBPUSD was the exception as another beat on estimates on the services PMI kept the sterling's bullish momentum going.…
Technical Analysis NZDUSD 05-09-2016 by IFC Markets   Investors expect another interest rate cut in New Zealand Several weak economic indicators came out in New Zealand last week. They could have limited strengthening of New Zealand dollar which has advanced 15% since mid-January this year. May it retrace down?   On…
USDJPY could be seen retesting 102.00 for support Daily Forex Market Preview, 05/09/2016 The US dollar initially fell after the NFP report but soon managed to regain its losses towards the end of the day. The US and Canadian markets are closed today which is likely to keep the markets…
Dollar pares gains on weak ISM report. NFP up next! Daily Forex Market Preview, 02/09/2016 The US dollar closed bearish yesterday after the ISM manufacturing report showed an unexpected downside surprise. Following up from the doji pattern that formed on Wednesday, yesterday's bearish close could see a near-term pullback in…

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