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Monday, 18 July 2016 08:59
USDJPY could retrace back to 103 - 102
USDJPY could retrace back to 103 - 102 Daily Forex Market Preview, 18/07/2016 The euro, British pound and the yen are seen trading range bound in the near term, awaiting the next major fundamental catalysts, but could see a temporary retracement to the current direction. Gold prices have established support…
Friday, 15 July 2016 15:45
Technical Analysis XAUOIL 2016-07-15 by IFC Markets
Technical Analysis XAUOIL 2016-07-15 by IFC Markets Gold price in terms of oil is rising Oil prices are declining as rising output still outstrips global demand. At the same time increased uncertainties in global financial markets after Brexit support demand for haven assets including gold, resulting in rise…
Friday, 15 July 2016 15:42
Wave analysis and forecast for 15.07.2016 – 22.07.2016 by LiteForex
Wave analysis and forecast for 15.07.2016 – 22.07.2016 by LiteForex EUR/USD: Wave analysis and forecast for 15.07 – 22.07: The pair is undergoing correction. Estimated pivot point is at the level of 1.1096. Our opinion: In the short-term: buy the pair above the level of 1.1096 with the target…
Friday, 15 July 2016 15:35
Risk sentiment improves on positive data 15-07-2016 by IFC Markets
Risk sentiment improves on positive data 15-07-2016 by IFC Markets US stocks advanced to fresh highs on Thursday on strong JP Morgan earnings data for Q2. Dow Jones industrial average advanced 0.72% to 18504.56, S&P 500 rose 0.52% to 2163.59 while Nasdaq composite added 0.57% to 5034.06. For S&P…
Friday, 15 July 2016 09:56
EURUSD remains supported above 1.110
EURUSD remains supported above 1.110 Daily Forex Market Preview, 15/07/2016 The Bank of England’s decision to hold monetary policy steady saw the GBP surge against the US dollar, clearing 1.32 with 1.36 now coming into focus. EURUSD’s price remains broadly flat but with the 1.110 resistance being cleared; we could…
Thursday, 14 July 2016 16:46
The Bullet Report: Bank of England To Cut Rates today? GBPUSD in focus once again 14-07-2016 by Easyforex
The Bullet Report: Bank of England To Cut Rates today? GBPUSD in focus once again 14-07-2016 by Easyforex (Forex.info) BoE rate decision will be the main focus of the day. The central bank is expected to cut interest rate for the first time since 2009 to cushion the…
Thursday, 14 July 2016 15:44
EURAUD Technical Analysis 14-07-2016 by PaxForex
EURAUD Technical Analysis 14-07-2016 by PaxForex EURAUD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 200 points Source: www.paxforex.com
Thursday, 14 July 2016 09:38
BoE weighs on GBP. EURUSD could pop to 1.120
BoE weighs on GBP. EURUSD could pop to 1.120 Daily Forex Market Preview, 14/07/2016 The British pound is likely to come under pressure today as the Bank of England is expected to cut interest rates by 25bps, a close call which could go either way. GBPUSD remains supported above 1.30…
Wednesday, 13 July 2016 12:36
EURNZD Technical Analysis 13-07-2016 by PaxForex
EURNZD Technical Analysis 13-07-2016 by PaxForex EURNZD - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 110 points Source: www.paxforex.com
Wednesday, 13 July 2016 12:24
Record sugar crops expected in US 13-07-2016 by IFC Markets
Record sugar crops expected in US 13-07-2016 by IFC Markets USDA released its monthly World agricultural supply and demand estimates report (WASDE) where it forecasts production of sugar in US will be 3% higher than in 2014/15 season and 3.5% higher than in 2016/17 season. At the same time…
Wednesday, 13 July 2016 12:06
US dollar expected to trade within 102 - 105
US dollar expected to trade within 102 - 105 Daily Forex Market Preview, 13/07/2016 GBPUSD and the USDJPY rallied yesterday, breaching $1.32 and 104Yen respectively as noted in yesterday’s commentary. Price action is likely to pause in the near term as investors wait for more clues. USDJPY is seen trading…
Tuesday, 12 July 2016 08:10
AUDUSD On Track to Recover Full Brexit Losses
AUDUSD On Track to Recover Full Brexit Losses Resistance Support 0.7612 0.7544 0.7641 0.7470 0.7700 0.7409 The AUDUSD forex pair has been on an uptrend, recovering almost all losses after “Brexit” vote. Now is heading towards resistance at 0.7641 which is the highest since May 2016. Upbeat data…
Tuesday, 12 July 2016 07:54
GBPUSD moving closer to test 1.32. USDJPY aiming for 104
GBPUSD moving closer to test 1.32. USDJPY aiming for 104 Daily Forex Market Preview, 12/07/2016 Political developments in Japan and the UK saw the respective currencies react in the positive. While the GBP managed to close bullish on news that Theresa May is likely to be the new PM, the…
Monday, 11 July 2016 13:11
Non-Farm Payrolls Passed, BOE Eyed for Possible Rate Cut
Non-Farm Payrolls Passed, BOE Eyed for Possible Rate Cut The Non-Farm Payrolls report surprised everybody the previous week and jumped to 287K for June, up from previous sluggish figure at 11K employment increase in May. Nevertheless, the unemployment rate increased from 4.7% to 4.9%. The US Stocks took the…
Monday, 11 July 2016 10:08
Bond guru Gundlach: 80% chance of making 10% in gold
Bond guru Gundlach: 80% chance of making 10% in gold Bond guru and head of DoubleLine Capital gave an interview with Barrons over the weekend. Sharing his thoughts on a variety of factors ranging from the Brexit fallout to the upcoming US elections, Gundlach maintained his views that gold…
