MARKET NEWS
Nov. 13: MARKET OVERVIEW
Risk sentiment was hurt by new signs of Chinese economic slowdown. China industrial output declined more than expected to 7.7 percent from a year earlier, while fixed investment growth slumped to a 13-year low. Retail sales growth has also come slightly...
Forex Analytics
Trading plan for Nov. 13
EUR/USD remains in the narrow 1.2390/2500 range after having hit a 2-year low of 1.2350 on the past week. The near-term picture remains bearish as long as the 1.2500 mark holds. Break higher could open the way for more corrective recovery to 1.2650...
Forex Analytics
GBP/USD is at important level
GBP/USD approached to the bottom of the Ichimoku Cloud on Tuesday. Senkou Span A formed resistance in the 1.5940 area. For now this level has capped the pair. The break higher will ruin the current downtrend.
However, it might be difficult for the...
Forex Analytics
EUR/USD: bullish pressure persists
Tatyana Norkina, FBS analyst
On Tuesday the buyers have once again managed to enter the space between the Tenkan and Kijun lines and the Ichimoku Cloud. The pair has fixed above the lines and approached the lower border of the Cloud. In the...
Forex Analytics
Danske Bank: trade signals for Nov. 12
Open positions*:
EUR/USD: Hold SHORT from 1.2472, Take Profit 1.2358, Stop Loss 1.2511
USD/CHF: Hold LONG from 0.9555, Take Profit 0.9839, Stop Loss 0.9616
USD/CAD: Hold LONG at 1.1320, Take Profit 1.1450, Stop Loss 1.1295
EUR/GBP...
MARKET NEWS
Nov. 12: 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...
MARKET NEWS
Nov. 12: MARKET OVERVIEW
EUR/USD trades in a narrow 1.2490/50 range; awaits Industrial production data at 10:00 GMT (forecast – upbeat).
AUD/USD consolidates slightly below 0.8700 following the yesterday’s recovery. Australia wage price index came out in line with forecast...
Forex Analytics
Trading plan for Nov. 12
US dollar has recovered some ground after the Monday’s pullback: DXY index hovers at 87.80 as we write.
USD/JPY reached 116.10 as dollar bulls have managed to push the pair through resistance. A setback will be now natural: support is at 115.00 and...
Forex Analytics
Danske Bank: trade signals for Nov. 11
Open positions*:
USD/CHF: Hold LONG from 0.9555, Take Profit 0.9839, Stop Loss 0.9616
USD/CAD: Hold LONG at 1.1320, Take Profit 1.1450, Stop Loss 1.1250
EUR/GBP: Hold SHORT from 0.7920, Take Profit 0.7756, Stop Loss 0.7930
EUR/CHF...
MARKET NEWS
Nov. 11: 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...
MARKET NEWS
Nov. 11: MARKET VIDEOREVIEW
US Dollar is trading in a consolidative mode following the bearish correction seen on Monday. US banks are closed on holiday today.
EUR/USD consolidates at 1.2400: bullish impulse on Monday failed to sustain. Next bearish targets are 1.2350 and...
Forex Analytics
Trading plan for Nov. 11
EUR/USD touched the 1.2500 on the wave of short-covering, but failed to overcome this resistance for now. Technically, we see more space for a bullish retracement (major resistance lies at 1.2650), but the move should be confirmed by a daily fix above...
Forex Analytics
EUR/USD: wave analysis (Nov. 10-16)
By Roman Petuchov
Weekly. The last wave of the converging horizontal triangle B that is a simple descending zigzag is now being built. Let's see the markup in the details.
Daily. We see that the descending impulse (C) is now being...
Forex Analytics
GBP/USD: wave analysis (Nov. 10-16)
By Roman Petuchov
Weekly. The market continues developping a descending trend that could become a final part of the global bearish zigzag A-B-C.
Daily. Waves [1] and [2] have already been constructed. Wave [2] took a form of a double...
Forex Analytics
USD/JPY: wave analysis (Nov. 10-16)
Daily. USD/JPY keeps developing the global uptrend. The market is growing after a period of horizontal movements.
H12. Here is the layout of the rising pulse V, which is close to an end. When the wave [5] of V is completed, the trend will...
Forex Analytics
AUD/USD: wave analysis (Nov. 10-16)
By Roman Petuchov
Weekly. The market is now developping a descending corrective wave that takes form of a complicated tripple three. The final descending zigzag (z) is now being built. Let's see the markup in details.
Daily. Initial...
Forex Analytics
Danske Bank: trade signals for Nov. 10
Open positions*:
USD/CAD: Hold LONG at 1.1320, Take Profit 1.1450, Stop Loss 1.1250
EUR/GBP: Hold SHORT from 0.7920, Take Profit 0.7756, Stop Loss 0.7930
EUR/CHF: Hold SHORT from 1.2080, Take Profit 1.2006, Stop Loss 1.2075
GBP/JPY...
MARKET NEWS
Nov. 10: 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...
MARKET NEWS
Nov. 10: MARKET REVIEW
FXBAZOOKA.com - USD fell for a second day gapping down in major pairs after US October payrolls growth was weaker than economists expected and traders reduced bets for an early Federal Reserve interest-rate increase.
EUR/USD rose almost to 1.2490.
GBP/USD...
Forex Analytics
Danske Bank: trade signals for Nov. 7
Open positions*:
EUR/USD: Hold SHORT from 1.2515, Take Profit 1.2342, Stop Loss 1.2460
USD/CHF: Hold LONG from 0.9555, Take Profit 0.9839, Stop Loss 0.9616
AUD/USD: Hold SHORT from 0.8735, Take Profit 0.8450, Stop Loss 0.8647
EUR/GBP...