USD/CAD Drops to Session Low as Oil Recovery Gains Momentum The Canadian Dollar gained traction during early NY trading session, dragging the USD/CAD pair to session low of 1.2920, as crude oil prices recovery to move back above $44.00/barrel mark...
USD/CAD Bullish Short-Term – Scotiabank FX Strategist at Scotiabank Eric Theoret has reiterated the bullish outlook for the pair is the near term. Key Quotes “Trend signals are shifting, providing confirmation to the bullish momentum indicators”...
NZD/USD Drops to Two-Month Low, Eyeing RBNZ Report for Further Direction The NZD/USD pair dropped to a fresh two-month low level of 0.6716 before retracing few pips to currently trade at 0.6727 level...
U.S. Government Bonds Flat in Quiet Trade The U.S. government bonds were trading nearly flat on Tuesday amid subdued trade with investors seeking riskier assets. The yield on the benchmark 10-year Treasury note which moves inversely to its price stood flat at 1...
Gold Upside Seems Capped Near $1270 Gold seems to consolidate below $1270 level after registering a steep fall on Monday and is currently trading near 2-week low...
US Dollar Keeps Highs Near 94.30 The greenback, tracked by the US Dollar Index, is extending its upside momentum today and is now hovering over highs around 94.30...
GBP/USD Holds Onto Daily Gains GBP/USD is trading firmer on Tuesday, supported by positive sentiment across financial markets and better-than-expected UK trade readings. GBP/USD climbed to a daily peak of 1.4465 but found resistance and retreated. However, the pullback was contained by the 1...
EUR/GBP Drops Back to 0.7870 Confluence Support The EUR/GBP pair remains intact within a broad trading range but is now heading towards session low level of 0.7870, the lower end of the range. The pair has been oscillating within a broad trading range with 50-day SMA (near 0...
GBP/USD Bulls are Losing Their Breath The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar...
NZD/USD Outlook Shifted to Bearish – UOB The perspective for the Kiwi dollar has now shifted to the bearish side from neutral, suggested the research team at UOB Group. Key Quotes “The ease of which the strong support at 0...
We continue to hold the short position in #GPBUSD, the profit on which is already significant. However, soon the result may be fixed if the bar closes above the Alligator's teeth. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
The long position in #Gold did not last long. There was a break of the fractal down where we have opened the short position. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
FxWirePro: ECB's Negative Rates and Further App Dampen Euro's Growth, OTC Indications to Substantiate - Hedge Euro Euro gained against dollar about 8...
USD/JPY Extends the Upside Beyond 109.00 The Japanese Yen remains on the defensive today, helping USD/JPY to regain fresh 2-week tops beyond 109.00 the figure...
Oil Erase Early Gains but Still Holding Above $43.00 Mark WTI crude oil prices erased its early gains to nearly $44.00/barrel mark to trade absolutely flat from Monday's volatile session closing low of $43.30, ahead of the weekly API inventory data...
Chart: https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_10.html Calculated levels today: Support (S1 / S2 / S3 = 1,1374 / 64/46), resistance (R1 / R2 / R3 = 1.1409 / 19/36). Key resistance levels (1st from 1.1433 to 1.1395 late in the day, the 2nd of 1.1443 to 1.1426...
USD/CAD Back to Positive Near 1.2980 After bottoming out in the 1.2920 area, the greenback has managed to regain momentum and lift USD/CAD back to the area of session tops near 1.2980...
AUD/USD Pullback Looks Exhausted – UOB In view of analysts at UOB Group, the downside momentum in the Aussie dollar could be running out steam in the near term. Key Quotes “While a move below 0...
Chart: https://bi0l.blogspot.com/2016/05/xauusd-intraday-forecast-technical-side_10.html Calculated level for today: Support (S1 / S2 / S3 = 1260,75 / 1254,56 / 1244,54), resistance (R1 / R2 / R3 = 1280,78 / 1286,97 / 1296,98). Key resistance levels (1st from 1255.98 to 1282...
