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  • Squawk / Yesterday at 22:20 GMT
    Senior Analyst /
    Saint Vincent and the Grenadines
    Weekly Trading Forecasts on Major Pairs (February 15 - 19, 2016)

    Here’s the market outlook for the week:

    Dominant bias: Bullish
    EURUSD moved upwards by 230 pips last week, topping at the resistance line of 1.1350, before the current bearish correction. From that resistance line, price got corrected by 100 pips while the bias on the market remains bullish. There is a need for price to go above that resistance line this week, aiming for other resistance lines at 1.1400 and 1.1450. Otherwise, bears might overcome bulls and manage to push price further south.

    Dominant bias: Bearish
    This pair has proven to be one of the strongest trending among the majors. Price dropped by roughly 260 pips last week, moving briefly below the support level at 0.9700. Then price turned upwards, making a shallow bullish effort.

    Read the Squawk
  • Squawk / Yesterday at 14:57 GMT
    Trader, Analyst / Individual Trader
    WEEK 6 (08.02.2016 - 14.02.2016) [EUR/USD]

    From now on I decided to write analysis for EUR/USD, USD/JPY and S&P500.

    So to move on with EUR, it has not made its main top yet according to my setup. What we see now is just a short term correction, maximum drop level I have calculated for ca. 1.10, but this will change at the opening.

    What keeps me assured in this view?

    1. Correction is taking place on lower TF, while D1 is still bullish. W1 tells me that at least in 1-2 coming weeks 1.07-1.08 area is completely safe.

    2. Fundamentally nothing has changed. Retail sales were neither bad nor good. Nothing special. Still China's capital outflows and S&P500 are in the spotlight. World's economy is standing on the edge of an abyss and there is no plan how to move back. FED is clearly waiting for the next developments, ECB same old story: maybe cut maybe more QE, BOJ...who cares ?! "USDJPY dropped from 121.685 to 110.970".
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  • Squawk / Yesterday at 10:48 GMT
    United Kingdom
    W7 technical #FX view :
    #NZDCHF ▼
    #NZDUSD ▼
    #USDJPY ▲
    #GBPCHF ▼
    #GBPUSD ▼
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  • Calendar event / Yesterday at 7:44 GMT

    US EnviroStar

    Low EPS or Loss per share
    Low Revenue
    Low Profit (or Loss)
  • Calendar event / Friday at 22:03 GMT

    CA Emera

    Low Profit (or Loss)
    Low EPS or Loss per share
    Low Revenue
  • Calendar event / Friday at 20:00 GMT

    CA Valener

    Low Q1 2016 Earnings conference call / Webcast
  • Calendar event / Friday at 19:30 GMT

    FR Lectra

    Low Full year 2015 Analyst meeting