eFX News
- EUR/USD: 'The Cat's Out Of The Bag'; Corrections A Chance To Buy; Models Point To 1.29 - SocGen
Societe Generale Cross Asset Strategy discusses EUR/USD outlook in light of the outcome of yesterday's ECB meeting, and thinks that dips should be seen as attractive buying opportunity.read more
- 26 Jan 18, 8:45pm - - EUR/USD: Consolidation Likely Ahead Of Big Fibo Level At 1.2525 - ING
ING Research discusses EUR/USD outlook in light of yesterday's ECB meeting, and thinks that President Draghi will likely feel a little disappointed with yesterday’s market reaction to his press conference. read more
- 26 Jan 18, 8:43pm - - EUR/USD: Bullish Bias Targeting 1.27; USD/JPY: Bearish Bias Targeting 107.50 - BTMU
BTMU Research discusses EUR/USD and USD/JPY outlook in light of the recent broad-based USD weakness and turns back to a bullish bias on EUR/USD targeting a move towards 1.27, while sees the downside limited to 1.2200, while stays bearish on USD/JPY…
- 26 Jan 18, 6:13pm - - EUR/USD: Path Of Least Resistance Remains A Higher EUR; S/T Models Point To 1.27 - TD
TD Research discusses EUR/USD outlook, and notes that the EUR continues to defy gravity, marking a new multi-year high following yesterday's ECB meeting.read more
- 26 Jan 18, 3:21pm - - Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
EUR/USD: Bullish (since 15 Jan 18, 1.2195): Rally taking a pause, EUR to consolidate for the next few days.read more
- 26 Jan 18, 2:13pm - - EUR/USD: Flows To Drive Further M/T Strength; Valuation Models Point To 1.29; Dips A Buy - Danske
Danske Bank Research discusses EUR/USD outlook and thinks that the pair is prone for further medium-term strength through the coming months on the back of strong flows.read more
- 26 Jan 18, 4:56am - - AUD/USD: 'Greater Confidence' In A Shift At The RBA; Key Signal To Watch - BofAML
Bank of America Merrill Lynch Research discusses its RBA call and thinks that the RBA should express greater confidence in the outlook when communication resumes next month.read more
- 26 Jan 18, 3:10am - - EUR/USD: A Round Of Profit-Taking; Looking For Opportunities To Buy Dips - Credit Agricole
Credit Agricole CIB Research discusses EUR/USD outlook and notes that its ongoing dip reflects a round of profit-taking as some EUR-positives and a lot of USD-negatives seem to be in the price by now.read more
- 26 Jan 18, 1:04am - - EUR/USD: Monetary Policy Lost Its Position As The Key Driver For EUR/USD - SEB
SEB Research discusses the USD outlook in light of the recent broad-based USD weakness and notes that it was reasonable to expect the USD to recover in 2018 as the Fed is likely to continue to tighten its monetary policy while the ECB will at best…
- 25 Jan 18, 7:57pm - - USD: US Rhetoric Pours More Fuel Onto The Fire, Increases Risk Of Overshooting N-Term - BTMU
BTMU Research discusses the USD outlook in light of the ongoing negative sentiment towards the US dollar which was reinforced further by comments from US Treasury Secretary Steven Mnuchin who welcomed the weaker US dollar in the near-term as “g…
- 25 Jan 18, 6:52pm -
Daily FX - Research
- newSterling Price Outlook: GBP/USD Bears Grind into Trend SupportSterling is down more than 3.8% form the yearly highs with price now testing key technical support. Here are the targets & invalidation levels that matter on the GBP/USD charts.
- 6 hours ago 25 Apr 19, 5:30pm - - newCentral Bank Weekly: BOJ and BOC Decisions, Fed and ECB StrugglesCentral banks have been in the driver’s seat this week, and next won’t be any different with the Fed meeting on Wednesday.
- 7 hours ago 25 Apr 19, 5:05pm - - newUSDCAD Rate Forecast: Post Bank of Canada (BoC) Breakout Eyes 2018-HighRecent price action in USD/CAD brings the 2018-high (1.3665) on the radar as the exchange rate breaks out of a near-term range following the Bank of Canada (BoC) meeting.
- 8 hours ago 25 Apr 19, 4:00pm - - newTop 5 Events: Q1’19 US GDP & EURUSD Price ForecastThe initial Q1’19 US GDP report is due on Friday, April 26 at 12:30 GMT.
- 9 hours ago 25 Apr 19, 2:30pm - - newGold Price Challenges Resistance at Prior Support as USD Bulls ChargeGold prices broke-out earlier this week, and then yesterday the US Dollar followed. But Gold prices have remained strong with USD, highlighting risk-aversion potential.
- 11 hours ago 25 Apr 19, 1:00pm - - newEuro Catapults Higher vs SEK After Dovish RiksbankRiksbank provide dovish message as inflation prospects remain subdued, EURSEK on course for largest daily gain in over 2years.
- 15 hours ago 25 Apr 19, 9:00am - - newYen Up Before Golden Week, May Extend Rise on Risk TrendsThe Japanese Yen rose ahead of the Golden Week holiday in Japan. Souring risk appetite amid deepening global growth concerns may see further headway made.
- 17 hours ago 25 Apr 19, 6:33am - - newGold, Crude Oil Prices at the Mercy of Corporate Earnings FlowGold and crude oil price action is likely to reflect the response of broad-based market sentiment trends to an incoming flood of first-quarter corporate earnings reports.
- 20 hours ago 25 Apr 19, 3:30am - - USD/JPY Uptrend at Key Resistance Before BoJ, CAD Trims Drop on BoCThe US Dollar and Japanese Yen rose as the Canadian Dollar trimmed losses despite the BoC dropping its rate hike bias. USD/JPY sits under key resistance in its uptrend before the BoJ.
- 1 day ago 24 Apr 19, 11:00pm - - Gold Price Outlook Mired by Head-and-Shoulders FormationThe price for gold bounces back from a fresh yearly-low ($1266), but there appears to be a broader shift in market behavior as a head-and-shoulders formation unfolds.
- 1 day ago 24 Apr 19, 10:00pm -
Daily FX - Technical Analysis
- newBitcoin Price’s Turn Higher May Be Rooted in Lira and Peso WeaknessEmerging market currencies are back under pressure as credit risk has soared. Like for much of 2019, EM FX woes are welcomed news for cryptocurrencies.
- 5 hours ago 25 Apr 19, 6:50pm - - newUSD/CAD Bullish Channel Defines Current TrendThe longer term Elliott wave 4 pullback found support at the end of August 2017 has coincided with a longer-term trend line.
- 6 hours ago 25 Apr 19, 5:23pm - - newBrexit Latest: PM May Survives; GBPUSD Hits a 10-Week LowUK PM Theresa May soldiers on as a move to challenge her leadership is quashed. Sterling however is looking weak against a soaring US dollar as GBPUSD support levels fold.
- 12 hours ago 25 Apr 19, 11:10am - - newCurrency Volatility: Euro Volatility Reignited, Deeper Losses on the HorizonInvestors seek downside protection for EURUSD suggesting further losses in store with a 1.10 handle on the horizon.
- 14 hours ago 25 Apr 19, 10:00am - - newEURUSD Price Breaks Down as US Dollar Rides RoughshodEURUSD hits a 22-month low Wednesday and continues to probe the downside on a toxic combination of tepid Euro-Zone growth and a rampant US dollar
- 15 hours ago 25 Apr 19, 8:35am - - newFTSE Breaking Trend-line, Pulling the Rug; Chart Setting Up for More LossesThe FTSE broke above resistance on Tuesday but is now on the verge of losing the breakout with room to go on the downside; watch the close.
- 16 hours ago 25 Apr 19, 8:05am - - newNikkei 225 Chart Hints Uptrend May Be Tiring, BOJ Rate Call EyedThe Nikkei 225 continues to perform impressively but may need to negotiate a packed Japanese holiday period before striking out toward key resistance
- 22 hours ago 25 Apr 19, 2:00am - - Canadian Dollar Technical Analysis Overview: USDCAD, CADJPY, GBPCADUSDCAD uptrend stalls at top-end of range, while support in CADJPY stems further declines for now. GBPCAD weak in the longer term.
- 2 days ago 24 Apr 19, 11:15am - - Gold Price at Trend-line Support, Silver Price Pattern Near TriggeringPrecious metals are precariously sitting on support levels, a trend-line for gold and pattern support for silver; will they hold or fold in the coming sessions?
- 2 days ago 24 Apr 19, 9:15am - - USD/PHP Uptrend Ahead? USD/SGD Aims for Range Ceiling, Breakout?Philippine Peso weakness may extend as USD/PHP may be readying for a new uptrend as USD/MYR pauses its own. USD/SGD is aiming for range resistance and potentially an upside breakout.
- 2 days ago 24 Apr 19, 3:30am -
No Brainer Trades
- Up and Down the Profile
I haven't been nearly as active on this blog as I would like to be in the past few years, and so please consider this post more a framework so some of you can better understand my own interpretations of volume profile, as I receive a decent number of…
- 22 days ago 3 Apr 19, 8:22pm - - The Trader’s Guide to Mythological Constructs
Like anything else, trading has its fair share of fads. They come and (generally) have a much harder time disappearing vs. something like fanny packs. People are drawn to novelties and things perceived as “easy”. Whether it be a new diet, kitchen…
- 37 days ago 19 Mar 19, 8:19pm - - Determining Broad Volatility / Environment Using Previously Executed Volume
The post Determining Broad Volatility / Environment Using Previously Executed Volume appeared first on ParaCurve.
- 30 Oct 18, 6:37pm - - Volumes in FX: Useful or Useless? Putting a Bad Debate to Rest.
There is a neverending debate that goes on in regards to transparency in FX, or more precisely, the “fact” volumes are nearly useless because: the market is decentralized, and because of this, volumes are only coming from one broker or, the only…
- 24 Oct 18, 4:54pm - - Prevail Versus Fail: Sophistication and Preparation
Many traders I come across have a very loosely defined notion of what they intend to do every day: identify some support and resistance, see how price is trending, check the news, run some indicators, check book value, PE Ratios, etc. There is a lack…
- 27 Sep 18, 4:33pm - - What I’m Using to Trade with These Days, and Why
A lot has changed over the years with this site, and along with it, me. I see other people out there with an unwavering system of beliefs, sticking to (what I view as) an archaic way of looking at things and unflinching to change. I'm not sure why th…
- 3 Apr 18, 5:14pm - - A List of Prop Trading Salaries: How Much Money You Can Expect to Make
I'm sure these sound familiar: “Top 10 trading methods to earning $1,000/day (#4 will shock you!)” “See how this welder earned an extra $3,000/week with only 5 minutes a day looking at charts!” “Everything you have learned about trading is…
- 21 Mar 18, 8:21pm - - $2.863 Billion Evaporated Due to Crypto Scams or Theft (In Only the Past 2 Weeks)
It's 2006 all over again. Just add a whoooooooooooooooole bunch of zeros. This is bad. And not just “kind of” bad. Really bad. The ones who suffer the most are writing the code that will change the world, permanently for the better. In the past 2…
- 30 Jan 18, 5:56pm - - Ratio of Market to Limit Orders: Determining Liquidity Instrument by Instrument
This is a follow-up video based on questions received from this one: https://paracurve.com/2017/10/6834.html “Delta” varies instrument by instrument based on the ratio of market to limit orders. This is extremely important to note when flipping i…
- 9 Nov 17, 7:18pm - - Order Book Weight & Determining Direction With Cumulative Delta
Does not matter whether you are trend trading or mean reverting, transactions on the bid / ask offer a world of useful information, if you know what to look for.The post Order Book Weight & Determining Direction With Cumulative Delta appeared first…
- 10 Oct 17, 5:15pm -