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Monday, 11 July 2016 09:40
Daily Morning Report 11.07.2016 by Traders Trust
Daily Morning Report 11.07.2016 by Traders Trust The yen weakened further and the Aussie reversed course posted mild gains in Asia on Monday as an expanded majority in Japan’s upper house of parliament by the Shinzo Abe-led government vowing more economic stimulus and a return to power by Australia’s Prime…
Monday, 11 July 2016 09:39
Forecast for the Day 11-07-2016 by PCM Brokers
Forecast for the Day 11-07-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.12324 1.11760 1.11134 1.10570 1.09944 1.09380 1.08754 GBPUSD 1.31525 1.30854 1.30138 1.29467 1.28751 1.28080 1.27364 USDJPY 102.440 101.853 101.152 100.565 99.864 99.277 98.576 USDCAD 1.31934 1.31414 1.30901…
Monday, 11 July 2016 09:30
Technical Analysis USDCHF 11-07-2016 by IFC Markets
Technical Analysis USDCHF 11-07-2016 by IFC Markets Rates divergence affects exchange rate US dollar hit a fresh 5-week high against the Swiss franc on Friday on strong US labour market data for June. The US Non-farm Payrolls were the highest since last October having surpassed by far all expectations…
Monday, 11 July 2016 08:50
GBPUSD could retrace to 1.32 ahead of an important week
GBPUSD could retrace to 1.32 ahead of an important week Daily Forex Market Preview, 11/07/2016 GBPUSD is likely to see a retracement back to 1.32 level ahead of the inflation report hearing and the BoE meeting this week. The falling wedge pattern on the 4-hour chart is indicative of a…
Sunday, 10 July 2016 14:40
British pound, officially the world's weakest currency
British pound, officially the world's weakest currency The surprise Brexit referendum results sent the British pound weaker. Just two weeks after the UK voted to part ways with the EU, the pound sterling has set quite a few records, most notably, the Great British pound becoming the weakest currency in…
Friday, 08 July 2016 08:30
GBPUSD could test 1.32 on the descending wedge
GBPUSD could test 1.32 on the descending wedge Daily Forex Market Preview, 08/07/2016 Markets were trading cautiously yesterday after the initial positive sentiment flipped led by declines in Oil. ADP payrolls report yesterday showed 172k jobs being added to a better than expected jobless claims as well, feeding the optimism…
Thursday, 07 July 2016 19:24
07.07.2016 - THE FALL OF THE AUSTRALIAN DOLLAR MAY RESUME by Fxfinpro
07.07.2016 - THE FALL OF THE AUSTRALIAN DOLLAR MAY RESUME by Fxfinpro Capital The price of the Australian dollar rebounded from the support level at 0.7400 and the growth achieved in the framework of local ascending channel's lower border. In case of continuation of the upward movement of prices may…
Thursday, 07 July 2016 19:09
US stocks rebound 07-07-2016 by IFC Markets
US stocks rebound 07-07-2016 by IFC Markets US stock market rebounded on Wednesday as risk appetite improved and oil rose. The dollar weakened after minutes from the Federal Reserve’s June meeting suggested the central bank will likely not raise rates soon: the live dollar index data indicate the ICE US…
Thursday, 07 July 2016 09:28
USDJPY aiming for 102 followed by 105
USDJPY aiming for 102 followed by 105 Daily Forex Market Preview, 07/07/2016 The US dollar gave back most of its gains yesterday, but price action is likely to be supported to the upside in the near term. While the euro remains caught within 1.115 levels, the bias is increasingly turning…
Wednesday, 06 July 2016 10:13
Forecast For The Day 06-07-2016 by PCM Brokers
Forecast For The Day 06-07-2016 by PCM Brokers SymbolsFirst Good SellSecond Good SellThird Good SellTrend ChangeThird Good BuySecond Good BuyFirst Good Buy EURUSD 1.12760 1.12308 1.11518 1.11066 1.10276 1.09824 1.09034 GBPUSD 1.34867 1.33856 1.32015 1.31004 1.29163 1.28152 1.26311 USDJPY 103.509 103.045 102.369 101.905 101.229 100.765 100.089 USDCAD 1.32300 1.31230 1.30492…
Wednesday, 06 July 2016 10:08
Markets slide as Brexit concerns resurface 06-07-2016 by IFC Markets
Markets slide as Brexit concerns resurface 06-07-2016 by IFC Markets US stocks retreated on Tuesday as concerns about negative impact for the global economy of UK’s decision to leave the European Union weighed on market sentiment. Lower oil prices also added to concerns about global economic slowdown. The dollar strengthened…
Wednesday, 06 July 2016 09:20
EURUSD eyes 1.07 on a breakout below 1.10
EURUSD eyes 1.07 on a breakout below 1.10 Daily Forex Market Preview, 06/07/2016 Risk aversion resumed after the US returned from holiday with investor sentiment turning sour after a third real estate fund suspended trading after an increase in investor redemptions. Sterling slumped as expected, fueled by BoE lowering capital…
Tuesday, 05 July 2016 18:27
GBPJPY Technical Analysis 05-07-2016 by PaxForex
GBPJPY Technical Analysis 05-07-2016 by PaxForex GBPJPY - bearish model: pair, ready to continue falling Outlook: the Downward trend with the prospect of profits more than 230 points Source: www.paxforex.com
Tuesday, 05 July 2016 07:41
EURUSD likely to test 1.110 for support
EURUSD likely to test 1.110 for support Daily Forex Market Preview, 05/07/2016 EURUSD is retesting the 1.110 level for support ahead of what could be the next leg up to test the 1.120 level. USDJPY has turned bearish and is seen paring gains with support at 102, a break below…
Monday, 04 July 2016 16:56
US dollar long bets fall after Brexit 04-07-2016 by IFC Markets
US dollar long bets fall after Brexit 04-07-2016 by IFC Markets US dollar net longs fell to $3.0 billion from $6.6.billion against the major currencies during the previous week, according to the report of the Commodity Futures Trading Commission (CFTC) covering data up to June 28. The decision by UK to…
