CAD/JPY Breaks Major Support 84, Decline Till 82 Is Possible Major resistance – 85.20 (7 W EMA) Major support - 84 The pair has broken major support 84 and declined till 83.85 .It is currently trading around 84.01. Short term trend is bearish as long as resistance 85.20 holds. The break of 85...
We fixed a result of short positions in #Gold with a small loss (1225.19) when on of the bars has closed above the red Alligator's line. Currently we are out of the market. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
In view of the research team at UOB Group, the Aussie dollar keeps its bullish perspective in the next 1-3 weeks. “The sharp drop yesterday certainly does not bode well for our bullish AUD view”. “However, confirmation of a short-term top is only upon a break below 0.7550”. “That said, 0...
NZD/USD: The Pair went Below the Level of 0.6860 Due to last week’s statement made by Janet Yellen about the plan of the gradual increase in the interest rate in the USA, the USD fell all over the market...
NZD/USD: Price Index of the Dairy Products and Efforts of RBNZ New Zealand’s economy is based on exports; the second largest export sector of the country’s economy is the timber industry and the largest one id agricultural sector. About 18% of the total exports belong to the dairy product...
Analytical Review of the Currency Pair USD/JPY Technical data of the currency pair: Previous closing: 111.34; Daily range: 110.45-111.36; Opening: 111.34...
FXWIREPRO: Gold May Drop to $1130 Area If Fails to Break Higher Gold bulls are facing critical test at this point, to break above or break below. Our previous call, to buy gold at $1200/troy ounce with $1180 stop loss is valid and in profit as gold is trading around $1230/troy ounce area...
Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened in the Asian trading session resulting in USD/JPY breaking below the recent low from the 17th March...
EUR/USD Depressed Around 1.1350, US Data Eyed The common currency remains on the defensive on Tuesday, with EUR/USD trading in the area of daily lows near 1.1350...
USD/JPY Keeps Multi-Month Lows Near 110.30 The better sentiment around the Japanese currency has sent USD/JPY to test the 110.40/30 band, fresh multi-month lows. USD/JPY stronger on risk aversion Spot has accelerated its downside to levels last seen in October 2014 in the proximity of 110...
ISM Non-Manufacturing Survey (March) - Tue 4/5 - 10 AM ET * Skandinaviska Enskilda Banken AB (Swedish pronunciation: [skandɪˈnɑːvɪska ˈeːnˈɧɪlda ˈbaŋːkən], Scandinavian Individual Bank), abbreviated SEB, is a Swedish financial group for corporate customers, institutions and private individuals wi...
Pre US Open, Daily Technical Analysis Tuesday, April 05, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1415 Most Likely Scenario: short positions below 1...
AUD/USD losses recorded to a touch under .7525 this morning, with the introduction of North American markets added fresh mileage to the USD move against the commodity based currencies. From here we look to the .7475 lows posted on 24 March, from which we eventually generated a move up to...
According to the research team at UOB Group, the pair still faces increasing downside pressure. “While USD is clearly on the defensive, the internal momentum is not as impulsive as we would like and it is unclear if the current weakness could extend significantly lower in the days ahead”...
Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the relevance of the key support at 0.7477. “AUD/USD held sideways and has started to erode the accelerated uptrend at .7610 – this adds weight to the idea of a correction lower taking hold near term”...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, April 5th NZD/USD trades -0.69% lower at fresh session holding just on 0.6800 with its lowest position at 0.6785...
Strategists at TD Securities expect the ECB minutes to show strong consensus behind the March meeting. Key Quotes “The ECB minutes should reveal the strength of consensus behind March's big easing move”...
GBP/USD Still in Consolidative Range – UOB The research team at UOB Group expects the pair to extend its rangebound pattern in the next weeks. Key Quotes “Instead of extending its recent weakness, GBP rebounded strongly from a low of 1.4192...
Researchers at BBH have noted the relevance of the 64.34/62.34 band in USD/RUB. Key Quotes “USD/RUB has retraced nearly three quarter of the October-January rise”. “Break below the November 20 low near 64.34 and then the November 3 low near 62.34 would set up a test of the October 16 low near 60...
