Latest Forex News Oil is moving down due to the Baker Hughes data Global crude oil continues to fall against the background of increasing number of US rigs in the United States. Other factors, such as strong dollar, record high oil production of OPEC and reducing of the world economic activity gr
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 17 of October The rise in the dollar can be attributed to widening and deepening acceptance of the Dec rate hike and the upward creep of the 10-year yield to 1.814% overnight, from 1.361% only three months ago (July 16). It’s a wel
Daily Technical & Fundamental Analys Daily Analysis | GBPJPY | 17 of October The so popular "Dragon", or GBP/JPY currency pair has really showed substantial movement within the bearish context. At this point we can spot running (still shaping up) rising wedge pattern. The running ri
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 17 of October Friday's session was calm and did not give reason for investors to be nervous. As expected, Friday's data in the US released good. Retail Sales met expectations and rose by 0.6%. Basic Sales increased
Daily Technical & Fundamental Analys Daily Analysis from EW-Forecast | USDCHF / USD Index | 17 of October USDCHF is in sharp rise for the last few days, currently with increasing bullish momentum since market found support at 0.9766 so it appears that strong wave three is in progress now, pos
Latest Forex News Oil is going down after yesterday's surprises Yesterday's news hit hard on oil quotations. First, OPEC said that oil production reached its highest levels since the last 8 years. And then, the US Department of Energy announced that crude oil inventories have increased. This morni
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 13 of October Today in the US we get import prices and initial jobless claims, hardly market movers. Tomorrow it’s PPI and retail sales, of far greater interest. Also tomorrow, Yellen speaks at a Boston Fed conference.... (Read mor
Daily Technical & Fundamental Analys Daily Analysis from EW-Forecast | Crude OIL / NZDUSD | 13 of October Crude has turned lower in recent sessions, beneath the trendline support connected from start of October so we see Oil in a probable new correction, with first leg a underway after a comp
Daily Technical & Fundamental Analys Daily Analysis | GBPUSD | 13 of October The GBP/USD is still sold on rallies as analysed in our previous analysis. Today First Brexit hearing begins in the UK High Court and there could be some whipsaw movements in the currency pair. From technical perspec
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 13 of October The GBP/USD is still sold on rallies as analysed in our previous analysis. Today First Brexit hearing begins in the UK High Court and there could be some whipsaw movements in the currency pair. From te
Latest Forex News Investors are fixing profits, oil is reducing Today, oil expectedly fell when investors has fixed profits after two days of growth at 7%. Market doubts that freezing of OPEC production levels will significantly weaken the global glut. Brent crude oil at the beginning of the Euro
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 30 of September Just how dangerous is the banking sector to the overall equity markets or the global economy? The Bloomberg story on Deutsche Bank losing hedge fund clients set off a storm that was not really warranted by the facts
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 30 of September A huge flurry of news hit the markets. Deutsche Bank continues to incur losses, the Bank's stocks collapsed by 6.67%. Stocks of Apple also declined by 1.55%, against the background of Samsung crisis,
Latest Forex News OPEC reached the agreement about production levels freezing Oil continues its growth after strong jumps this week when members of the cartel have surprised market participants and left oil production at the same level. Today in New York futures almost did not change after Wednes
Latest Forex News Rockefeller Treasury Services, Inc. Analytics | 29 of September We imagined OPEC might make some progress on output cuts and so it did, or at least it seeks to get the cuts at the official November 30 meeting. But the numbers are pitifully small, only about 500,000 to 1 million
Daily Technical & Fundamental Analys Daily Analysis | GBPUSD | 29 of September The GBP/USD is currently rejecting off 88.6 after it dropped straight from POC zone I showed in the live webinar. 88.6 has held the drop making a double bottom and the GBP/USD is rejecting. New POC comes around 1.2
Daily Technical & Fundamental Analys Daily Analysis from EW-Forecast | AUDNZD / EURGBP | 29 of September AUDNZD is slow for the last two sessions, but we still think that top of wave v-circled is near and that we should be aware of a three wave set-back, ideally to the area of a former wave f
Daily Technical & Fundamental Analys Fundamental Analysis | EURUSD / GBPUSD | 29 of September Yesterday ended with a slight increase for the euro by 2 points, the currency has continued consolidation. Market participants believe that the Bundestag will be indignant by actions of Mario Draghi
Daily Technical & Fundamental Analys Oil slightly grew against the background of US data Market value of crude oil slightly grew on news that US crude inventories unexpectedly fell. API has published results of their data, which show that oil reserves fell by 752 thousand barrels to 506.4 mil
Daily Technical & Fundamental Analys Rockefeller Treasury Services, Inc. Analytics | 28 of September We get August durables today, probably a pullback after a really very good report in July (4.4% in the headline). Market News has a forecast of -1.1% for the headline number and -0.5% ex-trans