Forex Analytics
30 December 2014
Oil market: where is the bottom?
Kira Iukhtenko
The dramatic decline in oil prices has become the most important topic of the year 2014. Unexpected increase in oil production and weakened global demand halved the price from $115 to $60 per barrel in 6 months...
Forex Analytics
29 December 2014
USD/JPY: weekly wave analysis
by Roman Petukhov
Daily. Construction of a long-lasting and powerful uptrend V, the formation of which started after the end of triangle IV, is in progress.
H12. The chart contains the layout of wave V ending. We see that the...
Forex Analytics
29 December 2014
EUR / USD: weekly wave analysis
Author: Roman Petukhov
Weekly. The market continues building the final part of a convergent horizontal triangle, forming a downward zigzag [E]. Let’s take a thorough look at its layout.
Daily. We can see the layout of the...
MARKET NEWS
Dec. 29: MARKET OVERVIEW
FXBAZOOKA.com - EUR/USD consolidates slightly above the Friday's multi-month low of 1.2167. Investors await the key presidential vote in Greece that could trigger early parliamentary election if failed. The vote begins at 10:00 GMT, with the result likely...
MARKET NEWS
Dec. 24: MARKET OVERVIEW
US dollar remained in demand after a stunningly strong US economic growth spurred markets to bring forward the timing of a likely hike in interest rates (US Q3 GDP was revised to 5.0%). The dollar index reached highs not seen since April 2006.
Economic...
MARKET NEWS
23 December 2014
Key option levels
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is...
MARKET NEWS
Dec. 23: MARKET OVERVIEW
EUR/USD consolidates at 1.2230, holding above the 2.5 year low of 1.2215. ECB easing expectations leave euro under pressure. Euro zone will release French consumer spending data at 8:45 GMT.
USD/JPY rose to a fresh 2-week high above 120.00: It’s a bank...
MARKET NEWS
Dec. 22: MARKET OVERVIEW
Risk sentiment in this holiday-shortened week is rather good. MSCI’s broadest index of Asia-Pacific shares outside Japan extended gains and was up 1.1%. Australian shares surged 1.6%. Japan’s Nikkei stock average erased early gains and was flat ahead of a...
Forex Analytics
USDCHF: weekly review (19/12)
Tatiana Norkina, an analyst FBS
Daily. Bulls managed to resume the uptrend, using the support of the upper limit of the daily Ichimoku cloud. At the beginning of the week one could see a gradual depreciation of Senkou Span A. However, immediately...
Forex Analytics
USDJPY: weekly review (19/12)
Tatiana Norkina, an analyst FBS
Daily. The situation on the currency pair can be described as the development of correction at the moment. Last week the pair went under the support of Tenkan and Kijun lines, fixing December lows at 115.50. But in...
Forex Analytics
GBPUSD: weekly review (19/12)
Tatiana Norkina analyst FBS
Daily. The currency pair has continued to consolidate in the range of 1.5550-1.5800 more than a month. GBP/USD tested its upper bound last week, but it stumbled on resistance Kijun-sen line, and then jumped again to the...
Forex Analytics
EURUSD: weekly review (19/12)
Tatiana Norkina analyst FBS
Daily. Last week the pair recovered to the lower border of Ichimoku cloud. But the bulls run out of power and the end of the week the pair was again in the negative area. Bears do not unloose the grip, continuing major...
MARKET NEWS
Dec. 19: MARKET OVERVIEW
Risk sentiment has improved by the end of the week: Asian stocks showed good gains following growth on Wall Street on the relief that the Fed isn’t in a hurry to withdraw stimulus from the US economy. Stocks gained even despite oil stayed under pressure...
Forex Analytics
Forex trading plan for Dec. 19
The FOMC meeting: a small step towards the rate hike, but it all depends on inflation.
EUR/USD approaches the 2014 lows on the increased Fed hike expectations. Friday’s focus will be on the GfK German Consumer Climate (7:00 GMT).
USD/CHF...
MARKET NEWS
18 December 2014
Key option levels
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is...
MARKET NEWS
Dec. 18: MARKET OVERVIEW
USD: remains on strong positions after yesterday’s advance versus the major currencies. The Fed is expected to raise interest rates next year after removing a pledge to keep them low for a “considerable time.”
EUR/USD: is trading in the 1.2340 area after...
Forex Analytics
Danske Bank: trade signals for Dec. 17
Trade ideas:*
EUR/USD: Hold LONG from 1.2370, Take Profit 1.2602, Stop Loss 1.2335
EUR/GBP: Hold SHORT from 0.7919, Take Profit 0.7767, Stop Loss 0.7989
AUD/USD: Hold SHORT from 0.8566, Take Profit 0.8083, Stop Loss 0.8309
USD/CAD...
MARKET NEWS
17 December 2014
Key option levels
FXBAZOOKA.com - Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is...
MARKET NEWS
Dec. 17: MARKET OVERVIEW
GBP/USD: weakened to 1.5715. Britain will release unemployment claims data and the Bank of England’s meeting minutes at 09:30 GMT.
USD/JPY: rose back to 117.00 after weakening to 115.60 yesterday. US dollar strengthened before the Fed announces the results...
Forex Analytics
Forex trading plan for Dec. 17
EUR/USD pushed higher on the back of the better-than-expected euro zone’s PMI and ZEW economic activity indices. The pair met resistance at 1.2560 as we speak. Push higher would open the way to 1.2600 and then, potentially, to 1.2900. On...