GBP/USD Extends Recovery Towards 0.4200 Having bottomed out near 1.4120 region in the Asian trades, the GBP/USD pair regains ground, with 1.42 handle on sight. GBP/USD testing offers near 1.4180 The GBP/USD pair rises 0.34% to 1.4173, trying hard to take 1.4180 barrier...
GBP/USD Stuck at 50% Fibo Cable is having a tough time cutting through 1.4175 (50% of 1.3835-1.4515) levels amid thin volumes ahead of the US personal spending and income report release...
The EUR has been under pressure for most of last week, mainly in reaction to this week’s terrorist attacks in Brussels and rising Fed rate expectations...
AUD/USD Still Aims to 0.7415 – UOB The research team at UOB Group expects the Aussie dollar to slips back to the 0.7415 area in the near term. Key Quotes “There is no change to the view wherein we expect the current decline in AUD to extend lower to test the 0.7410/15 support”...
AUD/USD Advances to Highs Near 0.7540 The now offered tone around the greenback is sending AUD/USD to visit daily peaks in the 0.7535/40 band. AUD/USD bounces off 0.7500 The Aussie dollar has found decent support around overnight lows near 0...
EUR/USD Finds Fresh Bids, Revisits Daily High Near 1.1170 The EUR/USD pair continues to consolidate the overnight recovery in the upper bound of today’s trading range so far, against the backdrop of Easter holiday celebrations in Europe...
EUR/JPY Tests 50-DMA, Clocks 10-Day High EUR/JPY pair made an attempt to cut through 50-DMA level of 126.84 levels, also marking a 10-day high at 126.89 levels. Trades above 23.6% Fibo The cross managed to take out 126.54 (23.6% of 141.06-122...
Quotes of #Gold continued to decline after the price has passed the important support level last week (1226). Currently the downward price channel is relevant. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Despite the limited trading activity due to holidays, the current dynamics of #USDJPY is still very entertaining. Thus, the upward movement continues within the framework of the short-term ascending channel. Find out more by checking out the Source Link...
The current high inflation in Norway is mainly due to weak NOK in 2015. CPI stood at 3.1%, while core inflation was at 3.4%. The present level of inflation is more than expectations...
Strength in oil benchmarks is keeping the CAD on a front foot, ensuring the USD/CAD pair stays under pressure around 1.3240 levels. Offered above 76.4% Fibo level The spot was offered once again above 1.3270 (76.4% of 1.2832-1.4690) levels as oil prices turned higher in Asia...
In 2015, Mexico posted a trade deficit of USD14.5bn with imports dropping 1.2% and exports 4.1%. The country had posted a deficit of USD 2.8 billion in 2014. Most of the decline in the trade balance is due to lower oil exports in terms of value...
Daily Analysis of Major Pairs for March 28, 2016 EUR/USD: This pair has been bearish so far since last week. A movement below the support line at 1.1050 would easily render the recent bullish outlook invalid...
In Q4, the Swedish economy expanded 4.5% y/y. Around half a percentage point came from migration, according to SCB. However, everything, such as net exports, private consumption and investments, particularly construction, performed well. Job growth is also developing accordingly in Sweden...
USDX Technical Analysis for March 28, 2016 The Dollar index had a strong bullish week however price remains far below the last high at 97.05 and with bearish divergence signals in the short-term a pullback is very likely...
Gold Technical Analysis for March 28, 2016 Gold price has broken down the sideways channel since last week and remains in a short-term bearish trend targeting a bigger pull back towards $1,150-$1,100...
Since last weeks hawkish FED speakers and relatively strong data USD has been pushing higher though without much in terms of gains...
FXWIREPRO: Silver Refrains to Fall Below Key Support at $15.12, Intraday Bias Remains Bullish XAG/USD is currently trading around $15.23 levels. It made intraday high at $15.26 and low at $15.12 levels. Intraday bias remains bullish for the moment. A daily close below $15...
FXWIREPRO: CAD/JPY Faces Strong Resistance at 86.30, Good to Buy at Dips Major resistance – 86.30 (trend line joining 86.21 and 86.27) Major support - 84.50 The pair has once again retreated after making a high of 86.29 on 23rd Mar 2016. It has declined till 84...
