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Tuesday, 23 August 2016 19:18
US dollar fails to keep gains, EURUSD recovers
US dollar fails to keep gains, EURUSD recovers Daily Forex Market Preview, 23/08/2016 Despite a strong opening yesterday, the US dollar failed to keep the momentum going, giving back some of the gains from earlier in the day. Lack of economic data yesterday also kept the markets flat for the…
Monday, 22 August 2016 09:02
Dollar posts modest gains in Asia, ahead of a slow trading day
Dollar posts modest gains in Asia, ahead of a slow trading day Daily Forex Market Preview, 22/08/2016 The US dollar index was seen trading stronger earlier this morning in the Asian session boosted by hawkish comments from Fed members last week and vice-president Fischer on Sunday. The day ahead is…
Thursday, 18 August 2016 14:36
FORECAST FOR THE DAY 18-08-2016 by PCM Brokers
FORECAST FOR THE DAY 18-08-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.13949 1.13550 1.13194 1.12795 1.12439 1.12040 1.11684 GBPUSD 1.32016 1.31434 1.30911 1.30329 1.29806 1.29224 1.28701 USDJPY 102.048 101.600 100.921 100.473 99.794 99.346 98.667 USDCAD 1.29815 1.29489…
Thursday, 18 August 2016 14:28
Technical Analysis #C-COPPER : 18-08-2016 by IFC Markets
Technical Analysis #C-COPPER : 18-08-2016 by IFC Markets Copper is falling as global economy weakens Copper prices are falling as global economic growth and industrial production are slowing down in many countries. Many traders note that copper has already twice tested its 200-day moving average but failed to break…
Wednesday, 17 August 2016 10:20
Dollar turns weaker as investors eye FOMC minutes
Dollar turns weaker as investors eye FOMC minutes Daily Forex Market Preview, 17/08/2016 The ICE Futures US dollar index fell over 0.87% yesterday with the declines gaining traction following weak consumer inflation report. EURUSD surged to test 1.130 while USDJPY fell to 100.00 but prices were rejected towards the end…
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…
