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Tuesday, 06 September 2016 19:49
06.09.2016 - THE BRITISH POUND MAY RISE TO 1.3500 by FXFINPRO CAPITAL
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.…
Tuesday, 06 September 2016 08:32
Traders eye ISM non-manufacturing PMI as markets stay flat
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.…
Monday, 05 September 2016 15:14
Technical Analysis NZDUSD 05-09-2016 by IFC Markets
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…
Monday, 05 September 2016 07:05
USDJPY could be seen retesting 102.00 for support
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…
Friday, 02 September 2016 10:02
Dollar pares gains on weak ISM report. NFP up next!
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…
Thursday, 01 September 2016 09:26
Dollar index closes with a doji!
Dollar index closes with a doji! Daily Forex Market Preview, 01/09/2016 Following strong daily sessions of gains, the US dollar index closed in a doji pattern yesterday which could signal a near-term pause to the bullish momentum. With a new trading month and lots of economic data on the tap…
Wednesday, 31 August 2016 14:40
FORECAST FOR THE DAY 31-08-2016by PCM Brokers
FORECAST FOR THE DAY 31-08-2016by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.12379 1.12147 1.11777 1.11545 1.11175 1.10943 1.10573 GBPUSD 1.31688 1.31438 1.31080 1.30830 1.30472 1.30222 1.29864 USDJPY 104.845 103.986 103.455 102.596 102.065 101.206 100.675 USDCAD 1.32232 1.31629…
Wednesday, 31 August 2016 07:35
US dollar likely to take a breather ahead of further gains
US dollar likely to take a breather ahead of further gains Daily Forex Market Preview, 31/08/2016 The US dollar saw renewed buying momentum yesterday as the yen fell sharply, sending USDJPY higher on the day while EURUSD posted strong declines. Ahead of Friday’s payrolls report and tomorrow’s ISM manufacturing data,…
Tuesday, 30 August 2016 11:49
AUDUSD Technical Analysis 30-08-2016 by PaxForex
AUDUSD Technical Analysis 30-08-2016 by PaxForex AUDUSD - 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, 30 August 2016 07:39
Intraday technicals point to a short term correction
Intraday technicals point to a short term correction Daily Forex Market Preview, 30/08/2016 July’s PCE and consumer spending data came out mostly in line with estimates which managed to keep the dollar supported from Friday’s Jackson Hole rally. However, the technicals on the intraday charts point to a near term…
Monday, 29 August 2016 15:55
US dollar likely to ease back from Friday’s gains
US dollar likely to ease back from Friday’s gains Daily Forex Market Preview, 29/08/2016 The US dollar posted strong gains on Friday in what was mostly a volatile and a mixed reaction. By Friday’s close, the US dollar managed to close bullish, but that strong momentum is likely to…
Monday, 29 August 2016 15:40
Fed almost assured markets 29-08-2016 by IFC Markets
Fed almost assured markets 29-08-2016 by IFC Markets US Dollar strengthened a lot on Friday on Fed members speeches. The first speaker was the Fed chair Janet Yellen who said the rake hike is possible as more and more strong economic data on labour market, economic activity and inflation…
Friday, 26 August 2016 10:46
US dollar looks bullish. Gold prices could test 1300 on Yellen’s speech
US dollar looks bullish. Gold prices could test 1300 on Yellen’s speech Daily Forex Market Preview, 26/08/2016 The technical outlook for the US dollar, hints to a near term bullish strength, validated by the bearish outlook in gold, GBPUSD, and EURUSD. While USDJPY has been trading flat, we could expect…
Thursday, 25 August 2016 17:34
USDJPY's flat price action warns of a strong breakout in the making
USDJPY's flat price action warns of a strong breakout in the making Daily Forex Market Preview, 25/08/2016 USDJPY has been caught within the inside bar range for nearly 6 straight days and is indicative of a strong breakout in the making. With traders preparing for Friday's speech by Janet Yellen,…
Wednesday, 24 August 2016 12:47
Euro fails to keep gains, 1.120 support could be tested
Euro fails to keep gains, 1.120 support could be tested Daily Forex Market Preview, 24/08/2016 The US dollar was seen making attempts to recover some of its losses like yesterday’s new home sales data posted a solid month of growth. However, a strong recovery is questionable ahead of the other…
