Medium term buyer in USD/CHF Momentum

MACD on the 4-hour chart of the USD/CHF rises above its zero line and generates a buy-signal. With the increase over the zero line, what happened the last Time a week ago, the MACD is positive Momentum. Momentum traders, which have just been waiting for such a Signal, could try to open new long positions […]

AUD/NZD bulls run out of breath

The responsive upward movement in the daily chart of the AUD/NZD a lot of bids due soon Harami forms. The AUD/NZD attacked the upper end of the Bollinger bands and recorded for two days ( 21-period MA+2 standard deviations ). Furthermore, the stochastic oscillator with the setting of 14,3,3 in overbought area at 80. Although […]

USD/NOK moved sideways

From a technical perspective, the Outlook for the USD/NOK are not worse than neutral. The orientation of the 50-200-800 SMA shows on the 1 hour chart shows no clear Trend, while the ADX is below 30. The prospects for the formation of triangles, rectangles and flags are quite likely. Traders should take advantage of such […]

RBNZ vigilant in terms of inflation numbers – TDS

FXStreet – The Reserve Bank of New Zealand (RBNZ) could the market analysts at TD Securities suggest that, towards the end of the year, at the interest rate screw, if inflation expectations pick up. Important Quotes: Consumer prices have risen in the previous quarter, significantly more than expected (+2.2% in the previous year.). The price […]

USD/CAD: chart technique gives the green light – Scotiabank

FXStreet – The perspective for the currency pair remains short term bullish, said Eric Sum, market analyst at Scotiabank. Important Quotes: The momentum signals are bullish, which can be confirmed by the DMI, and the trend-following indicator ADX is gaining momentum. The short – term and medium-term smoothing of lines are pointing upwards and are […]

According to US-ISM: EUR/USD rises back to Session

FXStreet – The Euro remains in these hours of the winner to a result of the weak economic data battered US Dollar. So conquered the EUR/USD to session highs around 1,0920 back and marked in 1,0924 a new daily high. EUR/USD back to reports disappointing full ISM Index is a shovel The currency pair climbed […]

The US ISM Index disappointed in April all along the line

FXStreet – The in the financial markets, much acclaimed economic index of U.S. purchasing managers in the Manufacturing sector in April, have fallen significantly. The Barometer fell to 54.8 counter of 57.2 points in March. The sub-components deteriorated compared to the previous month. The most striking is the decline in the employment component of 6.9 […]