Forex Analytics
Danske Bank: trade signals for Dec. 16
Open positions:*
EUR/USD: Hold LONG from 1.2370, Take Profit 1.2602, Stop Loss 1.2335
AUD/USD: Hold SHORT from 0.8566, Take Profit 0.8083, Stop Loss 0.8309
USD/CAD: Hold LONG from 1.1435, Take Profit 1.1680, Stop Loss 1.1530
EUR/GBP...
MARKET NEWS
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 most noticeable...
MARKET NEWS
Dec. 16: MARKET OVERVIEW
USD/JPY: edged down to 117.12. Yen strengthened as demand for it as a safe haven rose after crude oil slumped by 4.8% to $55.02 a barrel on Monday and Russia raised interest rates from 10.5 to 17% on Tuesday.
China’s HSBC Flash Manufacturing PMI fell below...
Forex Analytics
Forex trading plan for Dec. 16
US dollar firmed versus all the major currencies on Monday as investors await the Fed’s meeting outcome on Wednesday. Given the recent strong US releases, part of market players expect the US monetary authorities to turn more hawkish in...
MARKET NEWS
15 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. 15: MARKET OVERVIEW
USD/JPY fell to 117.70 as yen strengthened on Japanese PM’s Abe strong victory on the election. After that the pair bounced back to 119.00, but not for long. Yen trade remains choppy. Meanwhile, the BOJ’s Q4 Tankan report revealed weakness in the...
MARKET NEWS
Dec. 12: MARKET OVERVIEW
The overall demand for the US Dollar has recovered by the end of the week, supported by the upbeat November retail sales. Global markets remain concerned by Chinese economic slowdown. Data released on Friday showed industrial production growth fell from...
Forex Analytics
Forex trading plan for Dec. 12
On Friday the currency market will be influenced by Chinese industrial production data. The figure is expected to have slowed from 7.7% to 7.6%. If Chinese production has really slowed, pressure on the commodities – Aussie and kiwi dollars will...
MARKET NEWS
Dec. 11: MARKET OVERVIEW
The US dollar correction continued in Asia on Thursday, with EUR, GBP and CHF extending their recovery. The upside remains limited, however. USD/JPY has also pulled to a fresh low of 117.40, but the dips were quickly bought.
RBNZ left the interest rate...
Forex Analytics
Forex trading plan for Dec. 11
EUR/USD faced resistance at 1.2450 on Tuesday (descending trend line), but remains supported on Wednesday. According to our forecast, the bearish pressure is about to resume in the coming sessions as markets await the ECB TLTRO auction that comes...
MARKET NEWS
Dec. 10: MARKET OVERVIEW
US Dollar remains under pressure as investors are taking profits approaching the year-end – long positions have clearly become overstretched over the past weeks. USD/JPY remains under pressure, hovering slightly above the 119 mark. Markets are now...
Forex Analytics
Danske Bank: trade signals for Dec. 9
Open positions:*
EUR/USD: Hold SHORT at 1.2320, Take Profit 1.2134, Stop Loss 1.2401
GBP/USD: Hold SHORT at 1.5615, Take Profit 1.5427, Stop Loss 1.5700
USD/JPY: Hold SHORT at 120.65, Take Profit 119.33, Stop Loss 121.65
USD/CHF: Hold...
MARKET NEWS
December 9: MARKET OVERVIEW
US dollar retraced lower versus all the currencies but AUD and NZD. Oil prices hit fresh five-year lows, leaving the other commodities pressured.
Australian dollar fell to the new low of 0.8220 as NAB report added concerns.NAB November business...
Forex Analytics
Forex trading plan for Dec. 9
EUR/USD hit a new low of 1.2250 on Monday as the ECB member Nowotny warned on weak inflation and growth in euro zone. He echoed the ECB President Draghi, increasing the expectations of a full-scale QE in early 2015. There are not so many events to...
MARKET NEWS
Dec. 8: MARKET OVERVIEW
Asian markets came under pressure as data releases highlighted the weakness of the region’s key economies. China's imports fell surprisingly in November, showing weak domestic demand. AUD/USD gapped lower and fell to 0.8270 on the release.
Japan’s Q3 GDP...
Forex Analytics
Danske Bank: trade signals for Dec. 5
Open positions:*
EUR/USD: Hold LONG at 1.2398, Take Profit 1.2575, Stop Loss 1.2338
USD/JPY: Hold LONG at 118.15, Take Profit 120.95, Stop Loss 119.10
GBP/USD: Hold LONG at 1.5690, Take Profit 1.5826, Stop Loss 1.5615
AUD/USD: Hold...
MARKET NEWS
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 most noticeable...
MARKET NEWS
Dec. 5: MARKET OVERVIEW
EUR/USD was sold on the post-ECB rallies on Thursday. Watch German Factory Orders data at 7:00 GMT.
USD/JPY: trading above 120.00. The US dollar is supported as economists predicted US job growth has quickened last month.
GBP/USD: failed to fix above...
Forex Analytics
Forex trading plan for Dec. 5
On Friday market attention will be glued to the US Non-Farm Payrolls release at 13:30 GMT. According to the forecast, the US economy created 231K new jobs in November (slightly more than in October). The figure will be crucial for all the currency...
Forex Analytics
Danske Bank: trade signals for Dec. 4
Open positions:*
EUR/USD: Hold SHORT at 1.2460, Take Profit 1.2242, Stop Loss 1.2425
USD/JPY: Hold LONG at 118.15, Take Profit 120.75, Stop Loss 118.49
GBP/USD: Hold LONG at 1.5690, Take Profit 1.5826, Stop Loss 1.5615
USD/CHF: Hold...