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NZD/USD Recovery Finds Resistance at 0.6750 NZD/USD managed to move off daily lows during the last hours but the recovery found resistance at 0.6750 and currently it trades at 0.6735/38, down 0.32% for the day. The pair is falling after printing minor gains during the previous three days...
USD/CAD Briefly Falls Below 1.3100 on Higher Oil Prices, Better Sentiment The Canadian dollar received a boost and dragged USD/CAD to fresh daily lows during the American session, supported by higher oil prices and improved market sentiment. USD/CAD pulled back from a 7-week peak of 1...
USD/JPY Climbs to Challenge 110.00 USD/JPY extended gains to fresh daily highs and approached to the 110 mark, following the release of stronger-than-expected US housing data. USD/JPY stretched to the upside and touched a high of 110...
FTSE Spikes Despite Chance of Hike FTSE breaks higher, yet range persists for now Rate hike continues to cast shadow US new home sales back to 2007 levels The US markets have followed the European lead this morning, with stocks soaring higher once more today...
Another Bremain Positive Poll Lifts GBP: New Lows Against the EUR, Bid Tone in the USD Limits Cable GBP provided the early volatility in the FX markets, as the latest EU poll from Telegraph/ORB continued show the ‘remain’ camp extending their lead – Tory voters and older generations moving back o...
EUR/GBP Triggered & German ZEW Declines German ZEW sentiment survey fell to a 6.4 reading from 11.2 in the previous month. The median had been for a rise to 11.7...
Elliott Wave Analysis: USD/CAD Looking Higher; Intraday Uptrend Still Seems Incompleted USD/CAD is still on the upside move after a few minor corrections. Current pullback we see as a flat formation pattern with support seen around 1...
USD/CAD Bearish Divergence May Initiate a Correction The USD/CAD is currently sitting at resistance after a strong rally that was initiated by USD strength and another weakness in OIL prices...
USD/JPY Forecast: Short Term Bullish, 110.60 Key Short term bullish, 110.60 key. The USD/JPY pair advanced in the European morning, as adding to broad dollar's strength are rising stocks. Safe haven assets are being quickly discarded this Tuesday, and the pair trades near a high so far set at 109...
GBP/USD Firm Around 1.4600 The sterling keeps its buoyancy intact today, with GBP/USD gyrating around the 1.4600 handle as European markets are drawing to a close...
EUR/GBP: Looking for Evidence of a Top and Move Toward 0.75/0.73 - Lloyds Analysts from Lloyds Bank are expecting a decline toward 0.75 - 0.73 in the EUR/GBP pair after making a top at 0.81-0.82. Key Quotes: “Longer-term we have cited 0.81-0...
World Trade Still in the Dull Drums - ING Raoul Leering, Head of International Trade Analysis at ING, explained that global trade declined in March and during the first quarter but global industrial production increased. Key Quotes: “World trade is still in the dull drums...
USD/CHF Building Onto Its Gains Above 0.9900 Handle The USD/CHF pair maintained its bid tone through early NY trading session and the pair has now climbed to its highest level since March 10...
EURUSD: With EURUSD weakening during Tuesday trading session, further decline is expected in the days ahead. Support lies at the 1.1150 level. Further down, support comes in at the 1.1100 level where a violation will aim at the 1.1050 level. A break of here will target the 1.1000 level...
The order to buy #GPBUSD has activated on a breakthrough of the fractal upwards. This breakthrough was triggered by statements of MPC members. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The breakthrough order to sell #EURUSD has activated at the fractal level downwards. The weak fundamental data played its role in the activation. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
EUR/JPY and EUR/CAD Significant Break Points EUR/JPY from current 122.51 sits perfectly on a vital support as next significant point below is found at 122.41. Both points represent 1636 and 1615 day averages. Next major point above 123.61 and 123.89. Overall range 122.51 to 123.61, 110 pip range...
GBP/JPY Reclaims 160.00 with Ease, Now Aiming 161.50 The British Pound continues to gain traction against its Japanese counterpart, with the GBP/JPY pair surging past 160.00 handle with ease after BoE's testimony before Parliament's Treasury Committee. The pair's recovery from 158...
