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Tuesday, 16 August 2016 16:02
USD/JPY WILL LIKELY CONTINUE TO DECLINE 16.08.2016 by FXFINPRO CAPITAL
USD/JPY WILL LIKELY CONTINUE TO DECLINE 16.08.2016 by FXFINPRO CAPITAL Price of USD/JPY after a long consolidation above the level of 100.85, has shown a sharp decline and in the near future with a high probability will decrease to 100.00. A break of this level will be the basis for…
Tuesday, 16 August 2016 16:00
US equities hit record high 16-08-2016 by IFC Markets
US equities hit record high 16-08-2016 by IFC Markets US stocks closed at record high on Monday as market sentiment was buoyed by the sharp rise in oil prices. The dollar weakened as mixed economic data pointed to lower likelihood of a rate hike this year. According to the…
Tuesday, 16 August 2016 15:58
Technical Analysis #C-CORN : 16-08-2016 by IFC Markets
Technical Analysis #C-CORN : 16-08-2016 by IFC Markets Corn continues advancing following soy and wheat Corn is struggling for growth following wheat and soy. There is no much reasonable basis for it yet but from the standpoint of technical analysis the signals to buy have appeared. Will the corn…
Tuesday, 16 August 2016 15:54
USDCHF Technical Analysis 16-08-2016 by PaxForex
USDCHF Technical Analysis 16-08-2016 by PaxForex USDCHF - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 90 points Source: www.paxforex.com
Tuesday, 16 August 2016 06:53
EURUSD stays in range ahead of US inflation and housing data
EURUSD stays in range ahead of US inflation and housing data Daily Forex Market Preview, 16/08/2016 EURUSD remained to trade in a range with prices seen re-testing 1.120 handle earlier today. Today's US consumer inflation report and US building permits and housing starts will be the key events that could…
Friday, 12 August 2016 08:59
US dollar seen posting gains, but remains questionable
US dollar seen posting gains, but remains questionable Daily Forex Market Preview, 12/08/2016 The US dollar index managed to close bullish yesterday, forming an inside bar in the process. A break out from this level could signal further gains or declines, with the bias staying neutral for the moment. Gold…
Thursday, 11 August 2016 08:50
Gold prices likely to test 1327.50 support
Gold prices likely to test 1327.50 support Daily Forex Market Preview, 11/08/2016 The recent rally in gold saw price retesting the 1350 – 1355 resistance level, which could now signal a near term dip to 1327.50 on a bearish continuation. The further downside can be seen only on a breakdown…
Wednesday, 10 August 2016 10:03
US dollar turns weak, but this could be the pullback
US dollar turns weak, but this could be the pullback Daily Forex Market Preview, 10/08/2016 The US dollar turned weaker for the second day after just last week price posted a strong rally led by Friday's payrolls report. Earlier this week, we noted that the dollar could be posting a…
Tuesday, 09 August 2016 16:06
Technical Analysis #C-SOYB : 09-08-2016 by IFC Markets
Technical Analysis #C-SOYB : 09-08-2016 by IFC Markets Growth in US soybean exports Soybean prices rose and updated a weekly maximum on Monday. It took place due to the growth of U.S. soybean exports to China last Friday, totaling 498 thousand tonnes which is about equal to the annual…
Tuesday, 09 August 2016 08:16
Dollar keeps gains but markets seen flat
Dollar keeps gains but markets seen flat Daily Forex Market Preview, 09/08/2016 The US dollar managed to maintain its gains from Friday, but price action on Monday was limited with a lack of any major scheduled events. Still, the bias remains in favor of the US dollar, although there is…
Monday, 08 August 2016 16:04
Markets advance on positive data 08/08/2016 by IFC Markets
Markets advance on positive data 08/08/2016 by IFC Markets On Friday, the US stock indices have advanced for the 3rd straight day. The US dollar strengthened on unexpected positive data of labor market for July. The US nonfarm payrolls for July increased by 255000, more than expected: 180 thousand.…
Monday, 08 August 2016 15:54
GBPAUD Technical Analysis 08/08/2016 by PaxForex
GBPAUD Technical Analysis 08/08/2016 by PaxForex GBPAUD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 245 points Source: www.paxforex.com
Monday, 08 August 2016 09:01
US Dollar The Main Driver, Mid-Summer Earnings Season is On
US Dollar The Main Driver, Mid-Summer Earnings Season is On The US Dollar ended higher the previous week after the stronger than expected employment report. The Non-Farm Payrolls jumped to 255K for July, while it was expected at 180K and was up from June 292K. The Average Earnings increased by…
Monday, 08 August 2016 07:40
US dollar gains on Friday’s payrolls. Watch for a pullback to the rally
US dollar gains on Friday’s payrolls. Watch for a pullback to the rally Daily Forex Market Preview, 08/08/2016 The US dollar is likely to extend its gains after Friday’s payrolls report. The economic data remains light today with no major releases in sight. Expect to see a minor pullback in…
Friday, 05 August 2016 07:04
Markets await NFP. Gold prices risk a correction
Markets await NFP. Gold prices risk a correction Daily Forex Market Preview, 05/08/2016 July’s nonfarm payrolls report will be the main calendar event to watch for today. A positive beat on expectations will most likely induce dollar buying putting the recent rally in USD crosses at the risk of a…
