Hello traders welcome to a new trading day as we look at the end of our trading week.
Overview : According to the previous events and news, the USD/CAD pair is still moving in a ratio of 61.8% Fibonacci retracement levels (at the level of 1.3214) and 100% Fibonacci retracement (at the level of 1.3456).
The dollar moved broadly lower against the other major currencies on Thursday, dropping more than 1%, after measures unveiled by the European Central Bank sent the euro sharply higher and as downbeat U.S.
Dear Clients and Partners! In just 2 weeks, the “Tesla Supercar from RoboForex” offer will be over and we’ll finally know the name of the participant, who wins TESLA S P85D premium car or its equivalent in money in the amount of $110,000 ! Despite a great number of already given prize coupons, each RoboForex client still has chances to take a shot at getting the main super prize of 2015 and becoming the winner. Each coupon you receive can be the winning one! To read more about the conditions of participation, visit the official offer website . Provisional results of the offer: 979 participants from 79 countries 2,435 coupons have already been given Clients receive 9.51 coupons a day We remind you that the total number of coupons for a single client is not limited! Join the race and become the owner of the unique prize from RoboForex! I WANT TESLA! Sincerely, RoboForex
Gold price bounced yesterday as the US dollar weakened after the ECB’s president press conference. But the bounce was very weak relative to weakness in the greenback . Today’s NFP number will play a major role in what we should expect over the coming weeks for gold.
Technical outlook and chart setups: The GBP/CHF pair dropped towards 1.4950/60 levels yesterday. Now it looks like the drop is almost over, and the pair should look up to bulls to reach higher highs and higher lows from here.
EURUSD Forecast The EURUSD had a huge bullish momentum yesterday topped at 1.0980 after ECB decided to extend its QE programme until March 2017 or beyond. Technically, as you can see on my H1 chart below, price broke above the trend line resistance suggests a bullish view. The bias is bullish in nearest term testing 1.1050
GBPUSD Forecast The GBPUSD had a bullish momentum yesterday topped at 1.5158 on broad US Dollar weakness after ECB extends its QE programme until March 2017 or beyond. The bias is bullish in nearest term targeting 1.5200 and the trend line resistance area which is a good place to sell with a tight stop loss above the trend line resistance as you can see on my H1 chart below. Immediate support is seen around 1.5070.
USDJPY Forecast The USDJPY had a bearish momentum yesterday bottomed at 122.29. The bias is bearish in nearest term testing 122.20 key support. A clear break and daily/weekly close below that area could trigger further bearish pressure testing 121.50 – 120.00 area next week.
USDCHF Forecast The USDCHF had a strong bearish momentum yesterday bottomed at 0.9875 on broad US Dollar weakness after ECB’s decision to extend its QE programme until March 2017 or beyond. Technically, as you can see on my daily chart below, we had a valid false breakout bearish scenario challenging the daily EMA 200 located around 0.9680.
EURUSD Forecast The EURUSD was indecisive yesterday.
GBPUSD Forecast The GBPUSD had a bearish momentum yesterday bottomed at 1.4894. The bias is bearish in nearest term testing 1.4850.
USDJPY Forecast The USDJPY attempted to push higher yesterday slipped above 123.60 but closed lower at 123.23. The bias is bullish in nearest term but 123.60 area is a good place to sell with nearest target seen around 122.20 with a tight stop loss
USDCHF Forecast The USDCHF had a bearish momentum yesterday bottomed at 1.0179. The bias is bearish in nearest term as we might have a false breakout bearish scenario testing 1.0100 region. Immediate resistance is seen around 1.0240
Hello traders welcome to a new trading day as we are getting ready for the big data releases on Friday NFP, OPEC and today ECB. I have looked at the charts and we have some very nice trade plans for today. Please be alert to data and the ECB today.
RoboForex is opening a season of holiday surprises for its clients. Only in December up until Christmas and New Year, you can benefit from several unique offers and presents.
The dollar was little changed at an eight month peak against the other major currencies on Thursday, as trading volumes remained thin with U.S.
We’re informing you that due to the public holiday in the USA, Thanksgiving Day, on November 26th and 27th, CFD, XAUUSD, and XAGUSD will be traded according to the following schedule: XAUUSD, XAGUSD, and CFD on oil: November 26th, 2015 – trading stops at 6:30 PM server time. November 27th, 2015 – trading starts at 10:00 AM server time. CFD on Indices and American stocks: November 26th, 2015 – no trading
RoboForex is coming to Germany: the German version of the website and participation in "World of Trading 2015" exhibition (RoboForex)
We’re pleased to inform you that RoboForex has launched a new version of the Company’s website, this time in German. We’re in active operation in many countries all over the world and do our best to expand the field of our activity and cover new areas for the convenience of our clients from other countries.
Dear Clients and Partners! We’re pleased to inform you that RoboForex (CY) Ltd, a member of RoboForex Financial Group, has opened a representative office in Vilnius. The office has been opened to improve the level of our client service in the Baltic States. We’re aware of how important the local presence is for both client satisfaction and traders’ trust in the Company and their confidence in its stability
Dear Clients and Partners! We’re pleased to inform you that RoboOption has launched the 18th language version of the Company’s official website, this time in French. From now on, it’s much easier and more convenient for our clients and partners from French-speaking countries to use the content of the website and their Members Area. The French version of RoboOption website is available at the following address: www.robooption.com/fr Thus, more than a half of RoboOption clients from Europe receive all necessary information in their native languages
We’re pleased to inform you that on November 26th and 27th 2015, “Westin Mina Seyahi Beach Resort” in Dubai will host “Mena 15th Forex Show” international exhibition. RoboForex Financial Group is gradually expanding the Company’s presence in the Middle East region and, following the existing tradition, this year will again act as a sponsor of this popular event.
NZD/USD is expected to trade with a bearish bias as the key resistance is seen at 0.6590. The pair is moving sideways within a range between 0.6590 and 0.6500, and seems to be more likely to test the lower boundary.
Global macro overview for 13/11/2015: The flash GDP reading for the eurozone disappoints the investors as the figures are slightly weaker than expected (0.3% q/q; 1.6% y/y versus 0.4% q/q; 1.7% y/y expected). The German and French GDP reports both came in at 0.3%, matching expectations.
Overview : The rGBP/USD pair is is trading in a range between 1.5258 and 1.5112 this week. In addition, the GBP/USD pair hit the weekly resistance 1 and the pivot point. As a result, the market was in an uptrend
Technical outlook and chart setups: The GBP/CHF pair remains structurally unchanged until prices remain broadly below 1.5350. Bears should be poised to push prices lower towards the levels of 1.4800/50 as depicted here