Ryan Bertrand, who played football for England, is beginning a new venture: a London based Brokerage called Silicon Markets, which will provide forex services among others. Here is the full information from the official press release: London – 21 October 2015 – England and Premier League footballer, Ryan Bertrand, has joined forces with two other entrepreneurs … “Ryan Bertrand Sets Up Silicon Markets”
Category: Forex Bits
GBPUSD: Faces Further Bear Pressure, Eyes 1.5382 Level
GBPUSD: GBP continues to hold on to its downside bias failing at the 1.5505 level to close lower on a rejection candle on Tuesday. While it remains below the 1.5508 level and its 200 EMA, our bias remains to the downside. Resistance resides at the 1.5508 level. A violation of here will clear the way … “GBPUSD: Faces Further Bear Pressure, Eyes 1.5382 Level”
GOLD: Bear Risk Builds Up On The 1156.74 Zone
GOLD: The commodity declined further on Monday opening the door for more weakness. GOLD continues to hold on its weakness triggered off the 1183.80 level on Oct 15 2015. On the downside, support comes in at the 1160.00 level where a break will aim at the 1150.00 level. A cut through here will open the … “GOLD: Bear Risk Builds Up On The 1156.74 Zone”
FXStreet offers Forecast Poll and Trading Positions as widgets
The offering from FXStreet to third parties has grown: the forecast poll and the trading position tools are now available as widgets. Here is more information from the official press release: Barcelona, October 19th 2015 – FXStreet has announced that two of its most famous tools, the Currencies Forecast Poll and the Current Trading Positions, … “FXStreet offers Forecast Poll and Trading Positions as widgets”
AUDUSD: Weak, Risk Builds On The 0.7197 Level
AUDUSD: AUDUSD took back its intra day gains to close slightly lower on Monday leaving risk of more weakness on the cards. While the pair can trade and hold below the 0.7363/81 levels, we think more weakness should occur towards its support at 0.7197. On the upside, resistance lies at the 0.7300 level. A cut … “AUDUSD: Weak, Risk Builds On The 0.7197 Level”
USDJPY: Risk Points Higher On Further Bullish Offensive
USDJPY: With USDJPY halting its weakness to close higher the past week, it looks to move higher in the new week. We envisage a possible move towards its range top at the 121.32 level. On the upside, resistance resides at the 120.00 level with a turn above here aiming at the 120.50 level. A break … “USDJPY: Risk Points Higher On Further Bullish Offensive”
EURUSD: Sets Up For More Bear Pressure
EURUSD: Having EUR closed slightly lower the past week on a rejection candle print, it faces additional weakness in the new week. This view remains valid as long as the pair can trade and hold below its key resistance zone at 1.1459/94 level. Support lies at the 1.1300 level where a violation will aim at … “EURUSD: Sets Up For More Bear Pressure”
EURJPY Remains At Risk Below The 136.96/137.44 Area
EURJPY: The cross took back most its previous week gains to close lower on Friday. This development leaves it vulnerable to the downside in the days ahead. While holding below the 136.96/137.44 zone,its key overhead resistance, risk remains lower. Support comes in at the 135.00 level where a break will aim at the 134.50 level. … “EURJPY Remains At Risk Below The 136.96/137.44 Area”
USDJPY Sees Recovery Higher On Loss Of Bearish Momentum
USDJPY: USDJPY lost its downside momentum to close higher on a long-tailed candle on Thursday. This development leaves risk higher with a possible run at the 119.50 level. Above here will clear the way for more strength build up towards the 120.00 level with a break targeting the 120.50 level. Further out, resistance comes in … “USDJPY Sees Recovery Higher On Loss Of Bearish Momentum”
AUDUSD: Price Stalls Ahead Of 0.7381
AUDUSD: The pair turned lower ahead of its overhead resistance at the 0.7381 level during Thursday trading session. This suggests on continued trading below the mentioned support, further bear threats cannot be ruled out. On the downside, support comes in at the 0.7250 level where a breach will aim at the 0.7200 level. Below that … “AUDUSD: Price Stalls Ahead Of 0.7381”