Archive for Financial News

GBP/JPY Equidistant Channel Bearish Continuation

By Admiral Markets The GBP/JPY has followed my previous analysis exactly as planned and even during summer holidays trading, this still remains one of the best pair to trade due to its high ATR(14)-121. At this point we have two potential POC zones, should the pair retrace. POC1 144.70-90 (38.2, bearish order block D H3) […]

Your Weekly Fundamental View (July 24–28)

By Admiral Markets Need to Know The FOMC statement and the Federal Funds Rate decision are the focal point of this week. The Federal Reserve will present a detailed record of the FOMC’s most recent meeting with deep insights into the financial conditions. According to the forecast, the Federal Funds Rate should remain unchanged (1.25%). […]

Daily Market Report – EUR/JPY needs a bullish spark July 24, 2017

By Mexgroup.com EUR/JPY buying opportunity? The currency pair has decreased since yesterday and could come down to test and retest the support levels before will climb much higher. Is trading much above the 129.50 psychological level and maintains a bullish perspective on the Daily chart. Looks like that is consolidation because needs to recapture more […]

Daily Market Report – EUR/USD targeting new highs July 24, 2017

By Mexgroup.com EUR/USD strongly bullish Price rallies and seems unstoppable on the Daily chart, is located above the 1.1660 level and could hit fresh new highs in the upcoming days. Is strongly bullish as the USD is weakened by the USDX’s impressive sell-off. The index has fallen below the 94.00 psychological level and most likely […]

This week in monetary policy: Ghana, Nigeria, Argentina, Georgia, Moldova, USA, Brazil, Turkey, Fiji, Colombia, Russia and Trinidad & Tobago

By CentralBankNews.info     This week (July 23 through July 29) central banks from 12 countries or jurisdictions are scheduled to decide on monetary policy: Ghana, Nigeria, Argentina, Georgia, Moldova, United States, Brazil, Turkey, Fiji, Colombia, Russia, and Trinidad and Tobago.     Following table includes the name of the country, the date of the next […]

Pakistan maintains rate as inflation decelerates

By CentralBankNews.info     Pakistan’s central bank left its monetary policy rate at 5.75 percent, citing lower-than-expected inflation, improving domestic demand but challenging external balances.     The State Bank of Pakistan (SBP), which has maintained its rate since cutting it by 25 basis points in May 2016, noted headline inflation softened to 3.9 percent in […]

WTI Crude Oil Speculators push bullish bets to best level since April

By CountingPips.com – Receive our weekly COT Reports by Email WTI Crude Oil Non-Commercial Speculator Positions: Speculators increased their optimism in the WTI Crude Oil futures markets by raising bullish bets for a third consecutive week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. […]

10-Year Note Speculators raised bullish bets for 1st time in 4 weeks

By CountingPips.com – Receive our weekly COT Reports by Email 10-Year Note Non-Commercial Speculator Positions: Treasury speculators raised their bullish net positions in the 10-Year Note futures markets this week for the first time in four weeks, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on […]

S&P500 Speculators cut back on bullish bets for 1st time in 7 weeks

By CountingPips.com – Receive our weekly COT Reports by Email S&P500 Non-Commercial Speculator Positions: Large speculators reduced their net positions in the S&P500 futures markets this week following six weeks of rising bets, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures […]

Gold Speculators edged bullish bets lower, down for 6th week

By CountingPips.com – Receive our weekly COT Reports by Email Gold Non-Commercial Speculator Positions: Large speculators slightly trimmed their bullish net positions in the Gold futures markets this week and pushed speculative bets lower for a sixth straight week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission […]

Silver Speculators continued to decrease bullish net positions for 6th week

By CountingPips.com – Receive our weekly COT Reports by Email Silver Non-Commercial Speculator Positions: Large speculators continued to pare their bullish net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Silver […]

Copper Speculators added to bullish net positions for 3rd out of past 4 weeks

By CountingPips.com – Receive our weekly COT Reports by Email Copper Non-Commercial Speculator Positions: Large speculators raised their bullish net positions in the Copper futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Copper futures, traded […]

AUD/USD Potential Rejections Due To ZigZag Uptrend

By Admiral Markets The AUD/USD has been in a steady uptrend identified by confluence points (POC) rejections and an upward zig zag trend pattern. POC (trend line EMA 89, 50.0. D L4, ATR pivot, historical buyers) 0.7888-0.7900 is the zone where the AUD/USD could reject again towards W H4 0.7960 and D H4 -0.7980. The […]

Ichimoku Cloud Analysis 21.07.2017 (AUD/USD, NZD/USD, USD/CAD)

Article By RoboForex.com AUD/USD The AUD/USD is trading at 0.7914 currently. The pair keeps trading above the Ichimoku Cloud, and this suggests a rising tendency and further rise. A test of the area of Ichimoku’s signal lines can be expected. Also, the pair can test the support area near 0.7855, and then it can start […]

NZDUSD: Forex Technical Analysis – New Zealand dollar strengthens with rising exports

By IFCMarkets New Zealand dollar strengthens with rising exports The New Zealand dollar is rising with strong demand of country’s exports. Will the New Zealand dollar continue strengthening? The Reserve Bank of New Zealand kept the official cash rate (OCR) on hold at 1.75% at its June 22 meeting. The bank said the growth outlook […]

Forex Technical Analysis & Forecast 21.07.2017 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, GOLD, BRENT)

Article By RoboForex.com The EUR/USD pair has failed to maintain the descending wave. The market has broken the range from bottom upwards and the investors point to lift the pair further. For today we are expecting a consolidation range around 1.1620 to be developed. If this range is broken from bottom upwards, a rise towards […]