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GBP/USD: the Pound has corrected 7/12/2016 On yesterday’s session the Bears attempted the resumption of downtrend. The negative sentiment supported by a dead cross and a falling cloud. But the oversold market is not allowed for sellers to update the lows of a last week. A falling has stopped in...

GBP/USD: the Pound has corrected 7/12/2016 On yesterday’s session the Bears attempted the resumption of downtrend. The negative sentiment supported by a dead cross and a falling cloud. But the oversold market is not allowed for sellers to update the lows of a last week. A falling has stopped in...

USD/JPY: meeting with the cloud 7/12/2016 The bullish sentiment prevailed yesterday on market of the currency pair USD/JPY. Correction caused by market’s oversold has continued deep into the Ichimoku cloud on the four-hour timeframe. And rising has continued to the 103-rd figure. There was a...

USD/CHF: bulls are taking the lead 7/12/2016 USD/CHF is consolidating on the daily chart: ADX<25, MACD is showing mixed dynamics. The bulls are in control: EMA9>EMA26, +DMA>-DMI. In such situation use breakthrough strategies. Focus on long positions. More...

USD/JPY after Abe's victory: Heading up to 105.00? 7/12/2016 Monday in Asia was very moved in terms of financial markets, as the current Japanese PM Shinzo Abe secured a majority in the upper house and that could strengthen the so-called “Abenomics”, adding more stimulus to the national...

USD/CAD: loonie is weakening 7/11/2016 USD/CAD is consolidating on the daily chart. ADX has spent a long time below 25, MACD is showing mixed dynamics. The bulls started seizing the initiative (EMA9>EMA26, +DMI>-DMI). The best strategies for such sutuation are buying on breakthroughs or on...

EUR/GBP & Post-Brexit events: ¿Are the buyers losing momentum? 7/11/2016 The uncertainty around global markets remains alive after the “Brexit” referendum's outcome, especially around the Eurozone where the United Kingdom had decided to no continue with its membership. However, before that...

EUR/GBP & Post-Brexit events: ¿Are the buyers losing momentum? 7/11/2016 The uncertainty around global markets remains alive after the “Brexit” referendum's outcome, especially around the Eurozone where the United Kingdom had decided to no continue with its membership. However, before that...

GBP/USD: outlook for July 11-17 British pound remained affected by the consequences of the Brexit vote. During the past week 3 British commercial property funds suspended trading, because too many investors wanted to exit the funds – this is a clear sign that the market players are nervous. On...

EUR/USD: outlook for July 11-17 EUR/USD spend the most part of the past week under pressure, though finding support as the European Central Bank still hasn’t sent a strong signal that it will further ease monetary policy. In the meantime, the news flow from the euro area is very concerning...

US dollar: outlook for July 11-17 US Nonfarm Payrolls added 287K in June, beating the forecasts of 175K increase. May growth, however, has revised to the downside, from 38K to 11K. This made 3-month average at 147K. The unemployment rate increased more than expected (from 4.7% to 4.9%), while...

USD/JPY: outlook for July 11-17 USD/JPY weakened on the back of lower US yields and the fact that investors have pushed back their expectations for the Federal Reserve’s rate hike. The general downtrend is still in place, although the expectations of the Bank of Japan easing policy at the end...

AUD/USD: outlook for July 11-17 The past week wasn’t bright for Australia. The Reserve Bank of Australia left the cash interest rate unchanged at 1.75%, but the market is seeing a 60% chance of a rate cut at the next meeting in August. The recent economic data from Australia were disappointing...

EUR/USD may withdraw from the short-flat 7/8/2016 Price briefly is in the hallway between the levels of 1/8 (1.1047) and 3/8 (1.1169). Consolidation below STH4 and the level of 2/8 (1.1108) can be regarded as a signal for the continuation of the bearish trend. The target is a key level 0/8...

USD/JPY reversed from resistance zone 7/8/2016 USD/JPY reversed from resistance zone Next sell target - 100.00 USD/JPY recently reversed down from the resistance zone lying between the resistance level 103.30 (former support level which stopped the previous intermediate impulse wave (1) in...

EUR/NZD approached sell target 1.5200 7/8/2016 EUR/NZD approached sell target 1.5200 Next sell target - 1.5000 EUR/NZD continues to fall inside the minor impulse wave (v), which is a part of impulse 3 of the intermediate downward impulse wave (3) from the start of May. The pair earlier reversed...

USD/JPY could break the mark of 100.00 7/8/2016 Paar fixed again below STH4. It should be noted that the distance between STH4 and STD1 is small, therefore it is possible the continuation of the bearish trend. As a resistance there is the level of 1/8 (101.56), the breakdown of which will lead...

USD/JPY: new minimum is coming soon because of "Three Methods" 7/8/2016 The bearish trend is still on the table. We’ve got a “Three Methods” pattern , so the market is likely going to decline towards the nearest support level. As we can see on the Daily chart, the last candles are bearish...

EUR/USD: flat between two "Windows" 7/8/2016 There’s a “Shooting Star” on the 21 Moving Average, so the market is likely going to test the nearest lower “Window” once again. If the price faces a support here, there’ll be an opportunity to see a deeper bullish correction towards the middle of...

US NFP: forecasts of the major banks 7/8/2016 Barclays: NFP will rise by 175K, the unemployment rate will remain unchanged at 4.7%. Average hourly earnings will gain 0.2% m/m (as expected). TD: NFP will rise by 175K, the unemployment rate will rise from 4.7% to 4.8%, because of the increase in...