EUR/USD Target 1.1465
Pivot (invalidation): 1.1395 Our preference Long positions above 1.1395 with targets at 1.1435 & 1.1465 in extension. Alternative scenario Below 1.1395 look for further downside with 1.1380 & 1.1360 as targets. – advertisement –
Comment The RSI calls for...
Currencies: Sterling Jumps As EU And UK Make Step Forward In The Brexit Process
Rates: Core bonds to stay little changed in low-volume tradingGerman Bunds hardly profited from yesterday’s equity slump with low-volumes as US markets were closed. We expect global risk sentiment to be in the driver’s seat for today as well with...
Canada’s Inflation And Retail Sales On The Tap
The markets were seen trading subdued on Thursday as the U.S. session was closed due to Thanksgiving holiday. The U.S. Dollar was seen trading slightly weaker. On the economic front, data was mostly quiet. The ECB released its monetary policy...
US-China trade war could create winners in Southeast Asia
The trade war between the Washington and Beijing is pushing many global companies to rethink the manufacturing and fabrication work they now do in China — and a bloc of Southeast Asian countries stands to benefit tremendously, according to a...
Sterling Vulnerable as Brexit Lift Fades, Markets Quiet Elsewhere
The forex markets are rather quiet today with major pairs and crosses bounded in tight range. Sterling was lifted by news that UK and EU agreed on the declaration on future relationship. But the boost is so far limited as...
ECB Might Keep Policy Rates Low for Longer, Given Downside Risk to Growth and Trade War
ECB has tilted its tone on the economic outlook recently. In the minutes for the October meeting, ECB acknowledged “uncertainties and fragilities” in the economy. The members noted that risks to the economic outlook is skewed to the downside as...
Fintech disruption threatens wholesale payment revenues
By Anna Fedorova Wholesale payments and cash management (PCM) is a rapidly growing area, but existing players are under threat from technological disruption and must innovate in order to survive, according to a report by management consulting firm Oliver Wyman. In...
Weekly Economic and Financial Commentary: Italian Budget Drama Likely to Drag into 2019
U.S. Review Housing Market Remains in Focus This Week Several housing-related indicators released this week point to a continued slowdown in the housing sector. The National Association of Homebuilders/Wells Fargo housing market index posted a sharp eight point decline in...
Eurozone PMIs to Signal Even More Dovish ECB?
November’s eurozone flash manufacturing and services PMIs, as well as the composite measure that blends the two sectors, are due on Friday at 0900 GMT. The prints are not expected to reflect a pickup in euro area economic activity during Q4,...
EURAUD Regains Ground Following Eebound on 5-Month Trough
EURAUD has advanced considerably after it found support on the five-month low of 1.5515, achieved last Thursday, and ended the day below the rising trend line. However, the pair gained ground in the next couple of sessions, challenging the 20-day...
Signal2forex.com - Best Forex robots and signals




