Browsing Category

Forex Banks Forecasts

Affiliate Analysis Automated Trading Education Expert Advisors Forex Broker Reviews Forex Brokers Bonus and Promotions

Banks positioning on EUR/USD

Forex EU
Large banks positioning on EUR/USD : Danske Bank: SELL LIMIT at 1.0655, TAKE PROFIT 1.0432, STOP LOSS 1.0727 (set on Mar. 17) Credit Suisse holds SHORT from 1.0560, TAKE PROFIT 1.0000, STOP LOSS 1.0684 (entered on Mar. 16) Morgan Stanley…

Large banks: what to expect from the Fed?

Forex EU
FOMC policy announcement, economic projections and statement will be released at 18:00 GMT on Wednesday, March 18. Press conference from Janet Yellen will follow at 18:30 GMT. What do analysts at large banks expect from the meeting? CIBC:…

Commerzbank bearish on EUR/CHF

Forex EU
Analysts at Commerzbank are bearish on EUR/CHF after the pair fell below 1.0600 on Friday. In their view, the single currency will slide to 1.0414 (Feb. 9 minimum). The attempts of the bulls to push the prices higher will find resistance in…

How do big banks trade EUR/USD?

Forex EU
Large banks positioning on the EUR/USD pair: Credit Suisse holds SHORT from 1.1088, TAKE PROFIT 1.0836 (entered on March 4) BofA Merrill holds SHORT from 1.1290, TAKE PROFIT 1.0765, STOP LOSS 1.1340 (entered on Feb. 24) Danske Bank holds…

Large banks: positioning on USD/CAD

Forex EU
That's how the large banks are positioned on USD/CAD: JP Morgan: LONG from 1.1284, Take Profit 1.1650, Stop Loss 1.1065 Morgan Stanley: LONG from 1.1230, Take Profit 1.1550, Stop Loss 1.1200 Credit Suisse: LONG from 1.1260, Take Profit…

Goldman Sachs: USD/JPY long-term bulls

Forex EU
According to strategists at Goldman Sachs, USD/JPY is now forming a low. The chart looks potentially very positive just as long as the 103.20 level (76.4% Fibo) holds as support. Goldman advises keeping a close eye on the pair long-term…

Nomura lowered EUR/USD forecast

Forex EU
Analysts at Nomura decided to cut target for EUR/USD in Q4 from $1.27 to $1.24. The specialists give 6 reasons for weaker euro in the coming months: 1) Fixed income portfolio flows are weakening. 2) Corporate currency flow, linked to…

Bank of America: will the Fed prolong QE?

Forex EU
The Bank of America attempts to quantify how far stocks would have to slide to cause the Fed to either extend or restart a bond-buying program that’s currently on track to end this month. The bank points out that in 2010 and 2011 the Fed…