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GBP exchange rate forecast from some big stakeholders before the BoE meeting 9/15/2016 Today everybody’s attention will be focused on the meeting of the Bank of England. The majority of economists believe that the BOE will keep its benchmark interest rate steady after cutting it to 0.25% last...

How to trade on SNB? Hints from major banks 9/15/2016 The Swiss National Bank will announce its policy decision at 07:30 GMT. The central bank is expected to keep its benchmark rate unchanged at -0.75%. Below you will find how the analysts recommend to trade on this event. Morgan Stanley...

GBP/USD: "V-Bottom" set up bullish correction 9/15/2016 The pair found a support at 1.3115, so we’ve got a “Double Bottom” pattern here. Considering a resistance at 1.3277, the market is likely going to reach the 89 Moving Average during the day. Nevertheless, if a pullback from this line...

EUR/USD: price going up and down like an yo-yo 9/15/2016 There’s a consolidation, which is taking place between the 89 Moving Average and the nearest resistance at 1.1270. Therefore, the market is likely going to get a support at 1.1220 – 1.1196 in the short term. However, if a pullback from...

AUD/USD: on the SSA support[/B} 9/15/2016 Technical levels: support – 0.7450; resistance – 0.7520. Trade recommendations: 1. Buy — 0.7450/60; SL — 0.7430; TP1 — 0.7520; TP2 — 0.7580. Reason: a support of Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen and the lines are...

GBP/USD: bears have set a trap 9/15/2016 On the daily GBP/USD chart the bulls made another attempt to return the prices inside the bullish trend channel. If it is successful, the risks of growth to 1.331 and 1.335 qill increase. Recoil from diagonal resistance and the following successful test...

GBP/USD: stayed inside a Cloud 9/15/2016 Technical levels: support – 1.3235; resistance – 1.3260, 1.3360. Trade recommendations: 1. Buy — 1.3230; SL — 1.3210; TP1 — 1.3320; TP2 — 1.3360. Reason: a new dead cross of Tenkan-sen and Kijun-sen, but the bullish mood of Ichimoku Cloud is keeping...

EUR/USD: in the consolidation around the Cloud 9/15/2016 Technical levels: support – 1.1240; resistance – 1.1260 Trade recommendations: 1. Buy — 1.1260; SL — 1.1240; TP1 — 1.1320; TP2 – 1.1380. 2. Sell — 1.1230; SL — 1.1250; TP1 — 1.1150; TP2 – 1.1110. Reason: the prices are located near...

GBP/JPY & BoE Meeting: Will we see a rebound or a trend line's breakout? 9/15/2016 Today at 11:00 GMT we'll have the BoE interest rate decision and analysts are not expecting a rate cut by the central bank, but the uncertainty is there because the Brexit's shadow is still around and there are...

How will fiscal stimulus influence currencies? 9/14/2016 Even if you are an intraday trader, you need to understand the big picture and foresee where the market is going. Being able to identify long-term trends is a vital skill for those who are serious about trading. For a long time, the key...

Key option levels for Wednesday, September 14th 9/14/2016 EUR/USD Main trend Short-term period Medium-term period Bearish Bearish Changes in the open interest + 111 822 ↑ + 171 580 ↑ Closest resistance levels 1.1269; 1.1300/16; 1.1338; 1.1364 Closest support levels...

SNB in pursuit of relief from the strong currency curse 9/14/2016 Anyone feeling disappointed about the ECB’s decision to leave its interest rates unchanged may skip the Swiss National Bank’s quarterly policy assessment scheduled for this Thursday with an easy mind. Economists expect the SNB’s...

EUR/USD: "triangle" going to end 9/14/2016 There’s a possible triangle in wave [x], so bears are likely going to deliver wave [y] of D. Previously, we’ve got a pullback from 5/8 Murrey Math Level (P=200). So, we should keep an eye on 1/8 MM Level as a possible intraday target. As we can...

AUD/NZD reversed from resistance level 1.0310 9/14/2016 AUD/NZD reversed from resistance level 1.0310 Next sell target - 1.0200 AUD/NZD continues to decline – after the earlier downward reversal from the resistance level 1.0310 (former powerful support level which stopped the previous...

AUD/USD falling inside intermediate impulse wave (3) 9/14/2016 AUD/USD falling inside intermediate impulse wave (3) Next sell target - 0.7410 AUD/USD recently reversed down sharply from the strong resistance zone lying between the resistance levels 0.7700, 0.7800, upper weekly Bollinger Band...

GBP/USD: trade with pundits of currency market 9/14/2016 You want to snatch a round sum of money, but remain hesitant on what to bet. We are ready to give you some guts. Let’s look at GBP/USD exchange rate forecasts from some forex market majors. The UOB (United Overseas Bank Limited) has...

USD/JPY: "Window" going to act as a support 9/14/2016 There’s a bearish “Shooting Star” at the local high. If it confirms, the price is likely going to get a support on the nearest Moving Averages. As we can see on the Daily chart, the middle of the last huge black candle acted as a...

EUR/USD: bears can't break strong support 9/14/2016 There’s a consolidation above the 55 Moving Average, which brought a “Harami” and a “Doji” patterns. Therefore, the price is likely going to test the nearest resistance line once again. If we have a pullback from this level, then bears will...

GBP/USD: "Double Bottom" highlights possibility to have correction 9/14/2016 The price has broken the local uptrend. However, there’s a possible “Double Bottom” pattern, which points to an opportunity to have an upward correction in the short term, so we should keep an eye on the nearest...

EUR/USD: bears broke the "Flag" 9/14/2016 There’s a consolidation, which is taking place between the 89 Moving Average and the nearest resistance at 1.1251. So, the market is likely going to reach the next resistance at 1.1270 in the short term. If a pullback from this level happens, there’ll...