All Blog Posts (21,239)

FOREX forecast 06.03.2014

EUR has tested 1.3700 support yesterday, but couldn't progress over 1.3750, finally closed the day close to 1.3730. Worse US data din't not affect the price at all, market completely ignored that and all eyes are on the ECB for today. If we are not able to progress over 1.3770 today, the pair will become under a heavy selling pressure with targets around 1.3600 and maybe below.Only above 1.3770 we shall try to reach 1.3825-30 which has rejected the price several times. If that is broken too…

Continue

Added by Vladimir Mihaylov on March 6, 2014 at 6:16am — 6 Comments

GBP/USD  DAILY as of Thursday, 06 March, 2014   *** Intra-Daily Trading Strategy: SELL British Pound / US Dollar Sell Target: 1.6710   Sell Stop:    1.6734 Enter New SELL on OPEN and exit SELL positi…

GBP/USD  DAILY as of Thursday, 06 March, 2014

 

*** Intra-Daily Trading Strategy: SELL British Pound / US Dollar

Sell Target: 1.6710  

Sell Stop:    1.6734

Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after…

Continue

Added by Martin Kay on March 6, 2014 at 5:33am — No Comments

EUR/USD - Watching Closely

Added by Futuristic on March 6, 2014 at 1:34am — 1 Comment

Daily Forex Trading Commentary - Wednesday 5th March 2014

GBP/USD - Price Remains Above Dynamic Support, Market Making Higher Lows

The pound-dollar pushed higher today as the market rejected dynamic support and now looks poised to make another run higher as the uptrend regains momentum. With the NFP news announcement on Friday we expect to see a lot of volatility on this pair into the end of this week - the most likely scenario remains an upside advance.…

Continue

Added by Lewis Barber on March 5, 2014 at 10:32pm — 1 Comment

Profit from Japan

Japanese coincident and leading indices set for release on Friday, March 7. The figures are forecast at 114.6 and 112.4 respectively. A worse than expected release could break the USD/JPY through resistance at the top of a February 2014 triangle. A better than expected release could reinforce resistance and break the pair to the downside, towards Monday lows around 101.26. the coincident index and leading index will be released Friday. If both come out bullish, then be ready for USD/JPY to…

Continue

Added by Daniel Elo on March 5, 2014 at 8:55pm — No Comments

Yuan ETFs for Exposure to the World’s 7th Most-Used Currency

The Chinese yuan  has become the seventh-most widely used world currency as of January. Investors interested in gaining exposure to the Chinese currency can choose among a number of exchange traded funds that track yuan movements against the  U.S. dollar.

According to the Society for Worldwide Interbank Financial…

Continue

Added by Ron Schelling on March 5, 2014 at 7:33pm — No Comments

USDCHF Elliott Wave Analysis: Three Wave Retracement

USDCHF is reversing nicely from the lows as expected after a completed five wave decline at 0.8775. We think this was wave A), still only a first leg within wave (5) that is part of an ending diagonal. As such, current recovery can be corrective and temporary that may stop at former wave 4, around 0.8930 resistance, but after three waves up.

USDCHF 4h Elliott Wave Analysis…

Continue

Added by Gregor Horvat on March 5, 2014 at 2:30pm — 1 Comment

NZDUSD Daily Forecast Mar 05 2014

The NZDUSD maintained a bullish momentum yesterday , printed support at the 0.8350 levels. This development leaves the pair targeting the 0.8425 levels where a breach is likely , If seen , It will target the 0.8500 levels , a halt is strongly suggested and the pair might decline from that level, but break of the 0.8500 levels on a daily basis will call for a run to the 0.8620 levels , further out will aim the 0.8750 levels.

On the downside ,support comes at the 0.8350 levels ,…

Continue

Added by Haitham653 on March 5, 2014 at 1:00pm — 1 Comment

Bank of Canada Rate Decision

My biggest losses have always followed my largest profits – Marty Schwartz , S&P Futures Trader and author of Pit Bull

WEDNESDAY MARCH 5TH. So on Monday we had the RBA and today we have Bank of Canada the second of four central bank decisions this…

Continue

Added by Gary on March 5, 2014 at 10:41am — No Comments

EUR/USD DAILY as of Wednesday, 05 March, 2014

 

*** Intra-Daily Trading Strategy: BUY Euro Dollar / US Dollar

Buy Target: 1.3740

Buy Stop:   1.3712 

Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY…

Continue

Added by Martin Kay on March 5, 2014 at 10:06am — No Comments

AUDUSD Elliott Wave Analysis: Sideways Price Action

Aussie fell to a new swing low which makes a decline from 0.9080 in five waves, in the shape of a leading diagonal that can occur in wave (i) or wave (a) position. In both cases those legs are only first waves within larger structures. As such, we believe that AUDUSD will continue to weaken but after a three wave rally up back to 0.9000 that can be wave (ii) as labeled on the chart. The wave structure is now pointing down as long as 0.9080 is not breached.

AUDUSD 4h Elliott Wave…

Continue

Added by Gregor Horvat on March 5, 2014 at 10:02am — No Comments

ECB Preview: Mini QE and no negative rates? 4 scenarios

The ECB convenes to to make its monthly rate decision as the level of inflation remains low, but is it low enough for using the “nuclear option” of setting a negative deposit rate? Probably not. Nevertheless, the ECB could still take action in the face of strong exchange rate. In addition, there is a “wild card” of the ECB’s 2016 staff projections.

Here is the background, the options and 4 scenarios for the ECB decision.

Background

The level of…

Continue

Added by Yohay Elam on March 5, 2014 at 9:56am — No Comments

Who Sets the Exchange Rate

Well this sounds like a basic question but im quite sure thousands of traders doesnt know the answer . When we say market sets exchange rate how does this mechanism works ?

Please share your thoughts and knowledge.

Added by joseph Dabe on March 5, 2014 at 9:28am — 1 Comment

EURUSD Intraday Forecast Mar 05 2014

Recommendations: LONG positions above 1.3693 with 1.3750 & 1.3775 as next targets.

Alternative scenario:The downside breakout of 1.3693 will call for a slide to 1.3660/1.3625.

Description: Intraday outlook in EURUSD remains on the upside as long as levels 1.3720/1.3693 hold on hourly basis, break of 1.3775 on hourly basis is needed to resume the upside offensive, If seen It will target the 1.3800/1.3830 levels , further out…

Continue

Added by Haitham653 on March 5, 2014 at 8:29am — 2 Comments

Daily Technical Ananlysis as on 5-3-2014



EUR/USD: Sell Below 1.3740, TP 1.3710/1.3695, SL 1.3775, Buy stop 1.3780

(dollar index is strongley supported near80.10 and eur usd SMA Analysis are indicating a bearish trend)

GBP/USD: Sell Below 1.6695,TP1.6630,SL1.6725,BOB1.6705

GOLD: Buy Above 1333,TP 1343/45,SL1330,BOS1328

CL: sell below 103.50,TP103.10/102.75,SL103.90,BOB 104

USD/Jpy:Sell Below 102.45, TP 101.90, SL102.50, BOB101.55

(prices…

Continue

Added by Usman Ali on March 5, 2014 at 7:42am — No Comments

Daily Technical Ananlysis as on 5-3-2014



EUR/USD: Sell Below 1.3740, TP 1.3710/1.3695, SL 1.3775, Buy stop 1.3780

(dollar index is strongley supported near80.10 and eur usd SMA Analysis are indicating a bearish trend)

GBP/USD: Sell Below 1.6695,TP1.6630,SL1.6725,BOB1.6705

GOLD: Buy Above 1333,TP 1343/45,SL1330,BOS1328

CL: sell below 103.50,TP103.10/102.75,SL103.90,BOB 104

USD/Jpy:Sell Below 102.45, TP 101.90, SL102.50, BOB101.55

(prices…

Continue

Added by Usman Ali on March 5, 2014 at 7:42am — No Comments

act management

can share your views on act management ,or can get u r act managed by us., on sharing basis.

Added by shailendra on March 5, 2014 at 7:11am — No Comments

No respite for Japan and Sell Yen in long term, my opinion on BOJ Economists' comments

 

 No respite for Japan and Sell Yen in long term, my opinion on BOJ Economists' comments

  1. First and foremost I maintain my view on Yen – USDJPY can fall to 95 levels which would be the last yen rally. Yen’s rally would be primarily driven by unwinding of carry trades due to fall in…
Continue

Added by Omkar Godbole on March 5, 2014 at 7:04am — No Comments

Gold Daily Forecast 05 Mar 2014

Added by Naveed Anjum on March 5, 2014 at 6:50am — No Comments

Monthly Archives

2015

2014

2013

2012

2011

2010

1999

Members

© 2016   Created by FXStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video