posted by
kimclaud
2 days ago
in CHF, Fundamental, Weekly
The Swiss franc ended the week up 0.6% against the US dollar reflecting an ongoing flight to safety within the European currency complex and in light of the SNB's hands-off approach to CHF appreciation which continues to invite speculative longs.
posted by
kimclaud
2 days ago
in CHF, Fundamental, Weekly
The Swiss franc ended the week up 0.6% against the US dollar reflecting an ongoing flight to safety within the European currency complex and in light of the SNB's hands-off approach to CHF appreciation which continues to invite speculative longs.
posted by
kimclaud
2 days ago
in CAD, Fundamental, Weekly
The Canadian dollar fell 0.3% against the US dollar this week on worries the US economy will fall into recession pulling Canada with it.
posted by
kimclaud
2 days ago
in AUD, Fundamental, Weekly
Despite the first hung parliament in 70 years in Australia following last Saturday's general election and no government yet formed to lead the nation the Australian dollar ended the week up 0.5% against the US dollar as market participants waded
posted by
kimclaud
2 days ago
in EUR, Fundamental, Weekly
Despite a downgrade for Ireland's sovereign debt rating by S&P the euro ended the week up 0.4% versus the US dollar helped by weak US economic data and Bernanke's speech Friday which was perceived as favorable for risk assets and FX.
posted by
alexdok
3 days ago
in GBP, Technical, Weekly
Monthly. I’m more concern with 1.6450 level currently. This is a 0.618 expansion in current AB – CD move (look at purple zigzag line). And this target coincides with Fib. 0.786 resistance level from the last swing down... Weekly trend is bullish.
posted by
forexcrunch
3 days ago
in EUR, Technical, Weekly
The calendar is packed for the Euro in the upcoming week, with the rate decision being the highlight. Here’s an outlook for European events and an updated technical analysis for the ranging EUR/USD.
posted by
alexdok
3 days ago
in Technical, Weekly, Gold
Market has reached 100% expansion from ABC-bottom pattern, retraced a bit and then move to higher highs. Usually, when market goes above 100% Fib. expansion, it should reach either 1.27 or 1.618 expansion. Now we can see, that 1.27 expansion just
posted by
lytman02
3 days ago
in Technical, Fundamental, Weekly
Welcome to another week of stock trading my friends! Last week I noted the possibility of a breakdown in the Dow Jones Industrial Average (please see it here). Well, guess what. The broader S&P 500 appears to confirm where the Dow and the US econ
posted by
alexdok
3 days ago
in Technical, Weekly, Oil
During the previous researches we’ve made conclusion that market should go lower. In fact, the previous move up was nice and perfect AB-CD retracement. Now market has reached 61.8% expansion and started retracement up. This is a normal price acti
posted by
alexdok
3 days ago
in Technical, Weekly, Monthly
Monthly chart gives us an excellent example of momentum trade. Trend, based on exponential MACD is bullish... Weekly. On this time frame, there are two important moments to my mind. First – market has tried to hold above monthly pivot point...
posted by
FXTimes
6 days ago
in Technical, Fundamental, Weekly
This week started with some strong movement into safe-haven assets like the Yen, and we saw several pairs break out of their recent trading ranges and patterns. We’ll examine what has markets on edge, and how we the rest of the week went.