All Blogs
GBP/JPY Surges Past 157.00 Handle to Nearly Test 158.00 Level Extending its bid tone, the GBP/JPY pair surged past 157.00 handle and rose to 157.92, within striking distance of tapping 158.00 level...
USD/JPY Could Test 109.70 – UOB The research team at UOB Group sees USD/JPY could reach the 109.70 area in the next 1-3 weeks. Key Quotes “The unexpected break above 108.00 is a good indication that the current rebound has scope to extend higher to 109.70”. “Support is at 107...
AUD/USD Now Looks to 0.7262 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerbank, the Aussie dollar could slip to the 0.7260 area. Key Quotes “AUD/USD remains under pressure and attention has reverted to the 200 day ma at...
USD/JPY Storms its Way Through 109 and Beyond The bullish pressure behind the USD/JPY pair accentuated over the last hour after the risk-on rally in the European stocks intensified, now pushing the major further to hit post-BOJ highs above 109 handle...
USD/CHF Pierces Through 50-DMA, Now Eyeing 0.9800 Level After dipping below 0.9700 handle, the USD/CHF is staging a sharp recovery to currently trade at the high point of the day near 0.9740...
EUR/CHF Gains Traction, Eyes 1.11 The shared currency is now picking up further pace vs. the Swiss franc, lifting EUR/CHF to test highs near 1.1100 the figure. EUR/CHF supported around 1...
EUR/USD Fades the Spike to 1.1400 The shared currency is now eroding the recent advance to session tops near 1.1400 the figure vs. the dollar, with EUR/USD now returning to the 1.1385/80 band. EUR/USD looking for catalysts The pair is extending its sideline theme around the 1...
EUR/NOK Sidelined Post-CPI The Norwegian krone is gathering pace today, taking EUR/NOK to the area of 9.34, or daily lows. EUR/NOK lower on CPI The cross has eroded yesterday’s gains after inflation figures in the Nordic economy showed consumer prices tracked by the CPI rose 0...
German Bunds Flat on Mixed Economic Data The German bunds were trading nearly flat on Tuesday as mixed economic data did nothing to assuage concerns about economic growth, keeping 10-year sovereign bonds well below 0.15 pct marks for the first time in three weeks...
Technical Analysis of NZD/USD for May 10, 2016 NZD/USD is under pressure and moving downward target at 0.6705. The pair has been capped by the descending 50-period moving average and is accelerating on the downside...
Technical Analysis of USD/CHF for May 10, 2016 USD/CHF is expected to move further upside. The pair remains on the upside and is expected to post a further rebound. Meanwhile, the 20-period moving average is about to cross above the 50-period one, calling for a further upside...
Technical Analysis of USD/JPY for May 10, 2016 USD/JPY is expected to post further gains. Overnight U.S. stock indexes ended mixed, with the Dow Jones Industrial Average dropping 0.2% to 17705, the S&P 500 adding 0.1% to 2058, and the Nasdaq Composite rising 0.3% to 4750...
Technical Analysis of Silver for May 10, 2016 Technical outlook and chart setups: Silver had dropped through $16.88 levels yesterday, before pulling back. The metal is seen to be trading at $17.10 levels at this moment, looking to rally further towards $18.00 and $18.40/50 levels...
Technical Analysis of Gold for May 10, 2016 Technical outlook and chart setups: Gold had hit $1,259.00 levels yesterday before pulling back. The metal seems to be trading at $1,266.00/67.00 levels at this moment and maybe looking to rally towards new highs or at least $1,280.00/85...
Technical Analysis of GBP/JPY for May 10, 2016 GBP/JPY is expected to trade in a higher range as the bias remains bullish. The pair stays above the horizontal support at 155.35 and is continuing its rebound. Meanwhile, the relative strength index still stays above 50. As long as 155...
GBP/USD Prints New Highs Near 1.4450 on UK Trade The GBP/USD pair keeps the bid tone intact following the release of favourable UK trade balance data as markets absorb the latest data amid underlying risk-on tone prevalent in the markets. GBP/USD ends a five-day decline The GBP/USD pair trades +0...
#USDCAD buyers turned the tide in their favor. We have a serious reason for the technical picture revising. The only thing missing is the formal signs of the uptrend. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Despite the mixed data on the U.S. employment, dollar bulls in #USDJPY are active. After the speech of the Finance Minister Aso, we have signs of the upward trend formation. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Technical Analysis of EUR/JPY for May 10, 2016 Technical outlook and chart setups: The EUR/JPY pair rallies through 124.00 levels today as expected and discussed yesterday. The pair might have formed a meaningful bottom at 121.40 levels and is now looking to target at least 124...
