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Monday, 01 August 2016 14:40
Economic Events This Week 01-08-2016 by Xcfd
Economic Events This Week 01-08-2016 by Xcfd The key report this week is the July employment report on Friday. Other key indicators include the June ISM manufacturing and non-manufacturing indexes, July auto sales, and the June trade deficit. Monday, Aug 1st 10:00 AM: ISM Manufacturing Index for July.…
Monday, 01 August 2016 14:35
GOLD Technical Analysis 01-08-2016 by PaxForex
GOLD Technical Analysis 01-08-2016 by PaxForex GOLD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 1900 points Source: www.paxforex.com
Monday, 01 August 2016 08:19
Major currencies at key support/resistance levels
Major currencies at key support/resistance levels Daily Forex Market Preview, 01/08/2016 The US dollar fell sharply on Friday after the Q2 GDP data showed that the US economy grew only 1.20%, much less than the forecast of 2.60%. With the markets not convinced about a Fed rate hike in September,…
Sunday, 31 July 2016 10:16
Wave analysis and forecast for 29.07.2016 – 05.08.2016 by LiteForex
Wave analysis and forecast for 29.07.2016 – 05.08.2016 by LiteForex EUR/USD: Wave analysis and forecast for 29.07 – 05.08: The pair is likely to grow. Estimated pivot point is at the level of 1.0960. Our opinion: Buy the pair from correction above the level of 1.0960 with the target…
Friday, 29 July 2016 09:20
Yen Strengthens As Bank of Japan Disappoints
Yen Strengthens As Bank of Japan Disappoints The Japanese Yen strengthened early in today’s session as the Bank of Japan disappointed economists who has been expecting a more aggressive monetary move. The USDJPY dipped as low as to support at 1.0269 from resistance at 105.52, printing losses of 2.75%.…
Friday, 29 July 2016 08:31
USDJPY could test 102 support
USDJPY could test 102 support Daily Forex Market Preview, 29/07/2016 The Japanese yen strengthened sharply this morning after the BoJ’s policy fell short of market expectations. With USDJPY trading near the support zone, the declines are limited to 102 lows. Later this afternoon, the US advance GDP estimate is due…
Thursday, 28 July 2016 17:51
AUDCAD Technical Analysis 28-07-2016 by PaxForex
AUDCAD Technical Analysis 28-07-2016 by PaxForex AUDCAD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 100 points Source: www.paxforex.com
Thursday, 28 July 2016 12:13
US Dollar Down After FOMC, Bank of Japan Eyed
US Dollar Down After FOMC, Bank of Japan Eyed The US Dollar declined against its peers yesterday following the release of the FOMC announcement. First of all the central bank kept its interest rate unchanged at 0.50% as expected but failed to provide clues for a rate hike later…
Thursday, 28 July 2016 09:47
FOMC hangover to prevail, dollar pulls back
FOMC hangover to prevail, dollar pulls back Daily Forex Market Preview, 28/07/2016 The US dollar weakened yesterday after the release of the FOMC statement which saw the Fed keep its outlook intact from June. Despite a minor rally, the dollar soon gave back its gains. Expect a near term weakness…
Wednesday, 27 July 2016 16:19
US stocks inch higher while Dow slips
US stocks inch higher while Dow slips 27-07-2016 by IFC Markets US stocks closed marginally higher on Tuesday as investors were cautious to make big bets ahead of the conclusion of Federal Reserve’s two day policy meeting. The 4.5% drop in McDonald’s shares after it reported lower than expected…
Wednesday, 27 July 2016 16:14
GOLD Technical Analysis 27-07-2016 by PaxForex
GOLD Technical Analysis 27-07-2016 by PaxForex GOLD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 2500 points Source: www.paxforex.com
Wednesday, 27 July 2016 07:15
UK advance GDP, FOMC, key market movers today
UK advance GDP, FOMC, key market movers today Daily Forex Market Preview, 27/07/2016 After a rather flat two days with no main fundamentals to go by, the markets will be looking to a busy day with the European session focusing on the UK’s Q2 GDP number while later in the…
Tuesday, 26 July 2016 07:31
USDJPY trims gains. Support seen at 104 - 103
USDJPY trims gains. Support seen at 104 - 103 Daily Forex Market Preview, 26/07/2016 A fairly quiet Monday saw USDJPY retreating from its recent highs ahead of the big events this week. USDJPY has retraced its gains and now trades just above the support level of 104. The markets look…
Monday, 25 July 2016 14:41
USDCAD Technical Analysis 25-07-2016 by PaxForex
USDCAD Technical Analysis 25-07-2016 by PaxForex USDCAD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 210 points Source: www.paxforex.com
Monday, 25 July 2016 14:39
Technical Analysis &WHEAT/RUB : 25-07-2016 by IFC Markets
Technical Analysis &WHEAT/RUB : 25-07-2016 by IFC Markets Weather and the weakening of the ruble may cause the growth of quotes In this review we would like to consider the “wheat against the ruble” personal composite instrument (PCI). It goes up on the chart with the rising price…
