GAINSY Hottest Forecasts

Forex Signal Update: EUR/USD – Turn short at 1.3625

EUR/USD – 1.3534

Original strategy :
Sell at 1.3575, Target: 1.3430, Stop: 1.3610

Target: -

New strategy : ... Are you interested? READ MORE

Forex Signal Update: GBP/USD – Hold short entered at 1.5800

GBP/USD - 1.5778

Original strategy :
Sold at 1.5800, Target: 1.5700, Stop: 1.5835

Short at 1.5800
Target: - 1.5700
1.5835

New strategy : ... Are you interested? READ MORE

The Risk Appetite Slumps On European Concerns

The risk appetite deteriorated overnight as the concerns on the European debt crisis revived. The IMF stated that the Spanish economy and financial sector represent elevated risks, while EC put pressure on Spain to fully implement the restructuring of state-aided banks. The final touch has been the Spanish unemployment up... READ MORE

Currencies: Correction, At Last!!

Negative headlines on Spain and Italy provided the perfected trigger for a correction on the recent impressive rally of the euro. The likes of EUR/USD and EUR/GBP fell off a cliff as short-term players rushed to the exit. Today, the EMU PMI might bring some good news for Europe, but... READ MORE

European Shares Edge Higher On Eurozone Data

European equities kicked-off Tuesday's session in green as It seems that European economies are catching a breath again where manufacturing and service downturns is seen bottoming out. However concerns over Spanish and Italian political situation have raised fresh Eurozone uncertainties alongside to frustrating earnings from UBS and BP.... READ MORE

Hollande Says 'The Euro Value Doesn't Correspond To Real Economy'

The risk appetite deteriorated overnight, as the concerns over the European stability revived. The corruption allegations against the Spanish PM Rajoy added to the uncertainty over the Italian elections right ahead. The European stocks slid to 2013-lows, the spread between the core and peripheral yields rose, and the EUR extended... READ MORE

Forex Signal Update: USD/JPY – Exit short entered at 93.50

USD/JPY – 93.32

Original strategy :
Sold at 93.50, Target: 92.50, Stop: 93.85

Short at 93.50
Target: - 92.50
93.85

New strategy : ... Are you interested? READ MORE

Forex Signal Update: EUR/USD – Sell at 1.3625

EUR/USD – 1.3534

Original strategy :
Sell at 1.3625, Target: 1.3490, Stop: 1.3660

Target: -

New strategy : ... Are you interested? READ MORE

EURO In Correction Not Trend Change

Phew, the EUR selling finally stopped! Many EUR longs were close to pulling the trigger and use their get out jail card, with promises of trading another currency that relies on the fundamentals rather than having to understand the Euro political and cultural dynamics so deeply. This morning, the regions asset classes are on their way up after the latest sharp selloff was fueled by political and economic uncertainty from two of the periphery's heavyweights, Spain and Italy. However, is this recoil to last?..

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Elliott Wave Forecast: EUR/GBP – Sell at 0.8675

EUR/GBP – 0.8626

Recent wave: v of wave 3 has possibly ended at 0.8067 but wave 4 should hold below 0.9050

Trend: Up

Original strategy :
Sell at 0.8675, Target: 0.8565, Stop: 0.8720

Target: -
New strategy : ... Are you interested? READ MORE

Forex Signal Wrap-up: USD/JPY – Stand aside

USD/JPY – 93.43

Most recent candlesticks pattern : N/A

Trend : Up

Tenkan-Sen level : 92.82
Kijun-Sen level : 92.75
Ichimoku cloud top : 92.68
Ichimoku cloud bottom : 92.06

Original strategy :
Exit short entered at 93.50

Short at 93.50

Target: -

New strategy : ... Are you interested? READ MORE

Forex Signal Wrap-up: EUR/USD – Sell at 1.3625

EUR/USD – 1.3532

Most recent candlesticks pattern : N/A

Trend : Near term up

Tenkan-Sen level :1.3514
Kijun-Sen level :1.3520
Ichimoku cloud top :1.3626
Ichimoku cloud bottom :1.3612

Original strategy :
Sell at 1.3625, Target: 1.3490, Stop: 1.3660

Target: -
New strategy : ... Are you interested? READ MORE

Forex Signal Wrap-up: GBP/USD – Target met and sell again at 1.5740

GBP/USD - 1.5667

Most recent candlesticks pattern : N/A

Trend : Near term down

Tenkan-Sen level : 1.5729
Kijun-Sen level :1.5729
Ichimoku cloud top :1.5780
Ichimoku cloud bottom :1.5740

Original strategy :

Sold at 1.5800, met target at 1.5700

Short at 1.5800
Target: - 1.5700

New strategy : ... Are you interested? READ MORE

Forex Signal Wrap-up: USD/CHF – Buy on fracture of 0.9125

USD/CHF - 0.9095

Most recent candlesticks pattern : N/A

Trend : Near term down

Tenkan-Sen level :0.9095
Kijun-Sen level :0.9094
Ichimoku cloud top :0.9086
Ichimoku cloud bottom :0.9072

New strategy : ... Are you interested? READ MORE

U.S. Service-Sector Growth Moderated Slightly in January

The pace of growth in the US service sector moderated slightly in January 2013 as indicated by the ISM non-manufacturing index declining to 55.2 from the 10-month high of 55.7 recorded in the previous month. The decrease in the measure in January, however, was more modest than the decline to 55.0 expected by markets....

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Hollande's Calls for a Lower EUR Fall on Deaf Ears

The ECB has kept a respectable silence, the German finance minister was shot down by Chancellor Merkel when he dared to mention the Japanese exchange rate, however two days before this month's ECB meeting and the French President Francois Hollande has waded straight into the debate....

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ISM Non-Manufacturing Has Much to Say About Forecast

Today's 55.2 reading for January does not do much to inflate or diminish financial market expectations for the service sector's contribution to future economic growth. The average level for this index over the past six months is 55.0 and last month's somewhat euphoric initial reading of 56.1 was dialed back...

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Forex Signal: USD/JPY – Sell at 94.50

USD/JPY – 93.90

Most recent candlesticks pattern : N/A

Trend : Up

Tenkan-Sen level : 93.76
Kijun-Sen level : 93.09
Ichimoku cloud top : 92.45
Ichimoku cloud bottom : 92.43

New strategy : ... Are you interested? READ MORE

Forex Signal: EUR/USD – Sell at 1.3640

EUR/USD – 1.3569

Most recent candlesticks pattern : N/A

Trend : Near term up

Tenkan-Sen level :1.3578
Kijun-Sen level :1.3528
Ichimoku cloud top :1.3596
Ichimoku cloud bottom :1.3530

Original strategy :
Sell at 1.3625, Target: 1.3490, Stop: 1.3660

Target: -
New strategy : ... Are you interested? READ MORE

Retail Sales In Australia Hits The Lowest In 13 Years

Australia's retail sales recorded an unexpected fell in December last year for the third month, which considered the longest series of falls in 13 years amid the weakness of employment sector as consumer began to curb their spending. Australia's retail sales excluding inflation recorded an actual fell to 0.1% during...

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