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USDCHF Daily Forecast: May 31 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase targeting 1.0000 region. Immediate support is seen around 0.9885...
Intra-Day Market Moving News and Views (USD/JPY) 31 May 2016 01:23GMT USD/JPY - ...... Although the greenback rose to session high at 111.45 in early European morning, price retreated to 111.03 and continued to trade in a narrow range in holiday-thinned conditions as UK and US markets were closed...
China Stocks Drive Asia Higher, ASX Bucks the Trend The stocks on the Asian indices caught a renewed bid-wave and jumped higher, mainly driven by a sudden rise witnessed in the Chinese equities...
S&P: Apartment Supply Boom a 'Growing Concern' for Australia In its latest review on Australia, the US rating agency, Standard and Poor’s (S&P) highlighted oversupply of apartments and settlement risks as the growing concerns within the economy...
Nikkei225 Trades Well Above 17000, Jump Till 17500 Is Possible Major resistance - 17170 (trend line joining 19990 and 17745 ) Major support - 16650 (55 day EMA) Nikkei index is trading well above psychological resistance 17000 and closed at 17057 yesterday. It is currently trading around 17142...
FxWirePro: USD/SGD Fails to Sustain Above Key Resistance at 1.3823, Good to Sell on Rallies USD/SGD is currently trading around 1.3785 marks. It made intraday high at 1.3816 and low at 1.3783 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3823 levels...
Gold Inches Closer Towards Key Resistance, US Data in Focus Gold staged a solid comeback from three-month lows in the previous session and now builds onto the recovery towards 100-DMA & 5-DMA confluence located around 1217.50 region...
EURUSD Looks a Good Sell Back Towards 1.1160 With the long weekend the markets have had extra time for a short squeeze back towards resistance at 1.1160. Now there’s been change in sentiment whatsoever so I think this last part of the rally is simply a short squeeze...
USD/JPY Regains 111 Handle as Nikkei, Treasury Yields Extend Higher A renewed bout of buying interest gripped the USD/JPY pair in the last hour, now pushing the major back towards daily highs above 111 handle. USD/JPY: On its way to Monday’s high...
FxWirePro: South Korean Won Falls on the Back of Lower Than expected Industrial Production Data USD/KRW is currently trading around 1191 levels. It made intraday high at 1191 and low at 1187 levels. Intraday bias remains bullish till the time pair holds key support at 1177 marks...
GBP/JPY Spikes On Brexit Poll, Macro Level 163.00 Taken Out GBP/JPY has seen some huge buying flows ever since the open of trading in Tokyo, last trading at 163.30 after a topside resolution through 163...
AUD/USD Jumps Towards 200-DMA On Upbeat Aus Data Dump The Australian dollar caught a strong bid-wave following the release of a set of auspicious Australian macro data, which sent AUD/USD almost 40-pips higher beyond 0.72 handle. AUD/USD targets 200-DMA at 0...
GBP/USD On a Tear After Latest ORB Poll, Testing 1.47 Handle GBP/USD continues to trade on a heavy demand tone, testing the 1.47 handle after a NY close at 1...
EURUSD: With EURUSD continuing to maintain its recovery tone, we may see more strength. Support lies at the 1.1100 level. Further down, support comes in at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will target the 1.1050 level...
USD: Fed Supports USD. Bullish. The Fed minutes have supported our bullish USD view, and we see scope for further gains. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
USD/CAD Intermarket: Oil Fails to Boost Loonie USD/CAD is trading modestly higher on Monday but moved off session highs. Earlier it peaked at 1.3092 and currently it trades at 1.3050/55. The pair erased most of the gains as crude oil prices rose...
Analytical Review of the Currency Pair EUR/USD as of 30.05.2016 Technical data of the currency pair: Previous closing: 1.1115; Daily range: 1.1098-1.1117; Opening: 1.1113...
FxWirePro: AUD/USD Drift Near Multi-Month Lows After FED Rate Remarks AUD/USD was pinned near multi-month lows on Monday after comments by Federal Reserve last week reinforced expectations of a US interest rate hike as early as June...
AUD/USD: The Decline is Likely to Continue. Technical Analysis as of 30.05.2016. Overview and dynamics On the weekly chart AUD/USD pair broke through the bottom line of the rising channel (level 0.7200), at the same time remaining below important levels 0.7445 (23.6% Fibonacci level) and 0...
