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Article / 26 November 2017 at 22:42 GMTThe Eurozone kicks off with the first of three key inflation updates this week, followed by the US and Japan. While ideal conditions exist for an inflationary brew in the three economies, the brew has so far failed the taste test.Read the article
Squawk / 24 September 2016 at 9:30 GMTWeekly Trading Forecasts on Major Pairs (September 26 - 30, 2016)
Dominant bias: Bullish
EURUSD is bullish in the short-term, but neutral in the long-term. Against the volatility contraction in the higher time-frames, bulls managed to push price above the support line 1.1200. The next targets are around the resistance lines at 1.1250 and 1.1300, which would require strong buying pressure to be breached to the upside. The support lines at 1.1150 and 1.1100 would act as barriers to bearish attempts along the way.
Dominant bias: Bearish
This market is bearish in the short-term, but neutral in the long-term. Despite low volatility in the higher time-horizons, bears managed to push price below the resistance level at 0.9750, now close to the support level at 0.9700. The targets for this week are around the support levels at 0.9650 and 0.9600, which would require strong selling pressure to be breached to the downside.
Squawk / 31 July 2016 at 13:05 GMTJuly review / low and close between squeeze / Fibonacci support level of 89, lower support, but DXY has remained below the closing level. / Now we look to August >> Maybe Fibonacci level 89 can fall down ( Green color) , if it goes up, black important point closing
Article / 21 September 2015 at 13:14 GMT
US Stocks: FOMC waves still rippling marketsIt took about an hour or so last Thursday for markets to digest the no-hike decision out of the FOMC but once the initial fake-out reaction was over the truer risk-off tone became clear and followed through on Friday with a vengeance. The next leg lower for US stocks now looks to be underway.Read the article
Article / 07 July 2015 at 13:35 GMT
FX Board: EURUSD preparing for attack on 1.09?EURUSD has drifted lower during the day as finance ministers and later on euro area leaders discuss Greece.Read the article
Squawk / 10 October 2014 at 7:08 GMTIt is early days in the USD consolidation, but if we stay above 84.20 in the Dollar index, even better above 84.80 and make a triangular formation the next buying opportunity will develop.
Positions should be reduced for a while but the chances are good that the uptrend will resume in a few weeks.
Squawk / 08 May 2014 at 7:39 GMT$UUP: It could be foming a Falling Wedge
Video / 09 April 2014 at 9:49 GMT
Main Street USA on road to recoveryAngus WalkerMain Street USA has been slower to reflect recovery, perhaps surprisingly it’s been more difficult to spot the green shoots at the grass roots, until now.
The monthly Small Business Optimism report suggests that sales and capital expenditure by small firms in the US are both rising.
Squawk / 13 March 2014 at 10:41 GMT$UUP: Potential "Bullish" wedge