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  1. EUR/USD: below Yearly Central Pivot waiting for the bullish reversal or for the bearish to be resumed

    by , 02-20-2017 at 05:20 AM
    W1 price is located to be below yearly Central Pivot at 1.0984 and above S1 Pivot at 1.0352:

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    • the price is on bearish ranging within pivot level at 1.0984 and the first support level at 1.0352;
    • the price is breaking trend line to below for the 1.0352 support level as a nearest weekly bearish target;
    • if weekly price breaks Central Pivot at 1.0984 to above so reversal of the weekly price movement to the primary bullish market
    ...
  2. Weekly Outlook: 2017, February 19 - February 26

    by , 02-20-2017 at 12:55 AM
    Weekly Outlook: 2017, February 19 - February 26

    A mixed and turbulent week saw the dollar going in all directions. Where will it go? UK GDP data, US FOMC Meeting Minutes, and other events stand out. These are the nain eventa on forex calendar for this week.

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    1. UK GDP data: Wednesday, 9:30. Economists forecast a 0.6% growth rate for the fourth quarter of 2016.
    2. US Crude Oil Inventories: Wednesday, 15:30.
    3. US FOMC Meeting
    ...
  3. Sony kills PlayStation Now support on Vita, PS3, Bravia, and Blu-ray players

    by , 02-19-2017 at 09:05 PM


    Back in 2014, Sony debuted a new, Netflix-like game streaming service dubbed PlayStation Now. The service was expensive, at $20 per month or $45 per three months, but it supported a wide range of hardware including televisions, Blu-ray players, the PlayStation 3, the PlayStation TV, the PlayStation Vita, all 2013 – 2015 Bravia TVs, and all Samsung television models. Strangely enough, PlayStation Now ...
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  4. Weekly EUR/USD Outlook: 2017, February 19 - February 26

    by , 02-19-2017 at 07:14 PM
    Weekly EUR/USD Outlook: 2017, February 19 - February 26

    EUR/USD was looking for a new direction as politics continued moving markets. The upcoming week features PMIs and some business surveys.

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    1. German PPI: Monday, 7:00. A rise of 0.3% is on the cards now.
    2. Bundesbank monthly report: Monday, 11:00.
    3. Consumer Confidence: Monday, 15:00.
    4. PMIs: Tuesday morning: 8:00 for France, 8:30 for Germany and 9:00 for the whole euro-area,
    ...
  5. Weekly Trading Forecast: Fed, Team Trump Battle for Influence

    by , 02-19-2017 at 02:30 PM
    US Dollar Forecast: US Dollar Rise on Fed Rate Hike Bets at the Mercy of Team Trump
    The US Dollar may find renewed support from a hawkish Federal Reserve in the week ahead but worrisome headlines from Washington, DC remain a potent threat.

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    Japanese yen Forecast: USD/JPY to Track Risk Trends as Yellen Fails to Shift Rate Outlook
    Headlines coming out of the G20 meeting may yield a limited reaction in USD/JPY as the group of ...