EUR/USD Decline Limited around 1.1140 – UOB The down move in EUR/USD could struggle to break below the 1.1140 area, suggested analysts at UOB Group. Key Quotes “As highlighted yesterday, extension lower to 1...
USD/CHF Now Targets 0.9990/1.0000 – Commerzbank In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, spot still targets the 0.9990/1.0000 band. Key Quotes “USD/CHF has maintained upside pressure...
USD/CHF Off Day’s High, Dips to 0.9900 Handle The up-move in the USD/CHF pair seems to take a pause near weekly high level of 0.9922, with signs of minor profit taking moved dragging the pair back to 0.9900 handle...
CAD CPI: What to Expect of USD/CAD Canadian inflation figures for the month of April are due later in the NA session, with market consensus expecting headline consumer prices to have gained 0.3% on a monthly basis, mainly backed by increasing gasoline prices. Core prices are seen rising 0...
JPY: G7 Meeting in Focus – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has weakened modestly in the Asian trading session ahead of the G7 meeting of finance ministers and central bank officials in Japan...
EUR/JPY Takes-Out Thursday’s High, What Next? The EUR/JPY cross is currently consolidating the upside as we head into the mid-European session, receiving double booster shot from strong gains seen in both the EUR/USD and USD/JPY. EUR/JPY: 124 handle now inevitable The EUR/JPY pair now advances +0...
GBP/USD Drops to Lows Around 1.4550 The Sterling is not smiling anymore, at least not today, as GBP/USD has now dipped to session lows in the mid-1.4500s...
BTC/USD Faces Strong Support at $435, Break Below Targets $400 Major resistance -$470 (Apr 26th 2016) Major support - $435 BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442. The pair should break below $435 for further weakness...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, May 20th EUR/USD traded in flat this morning hovering in a 15-pips narrow range. The pair remains directionless, waiting for the upcoming economic events that could set up the tone for the pair...
Bulls in #USDJPY continue to show serious attitude, and the downtrend resistance line that started in late March was formally achieved. Moving averages confirm the upward #trend. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Another trading day is confirming the upward trend in #USDCAD. The movement is developing within the upward channel and the most competent trading solution is a classic work in the trend. Find out more by checking out the Source Link...
Chart: https://bi0l.blogspot.com/2016/05/usdjpy-intraday-forecast-technical-side.html Calculated daily level: Support (S1 / S2 / S3 = 109,925 / 582/321), resistance (R1 / R2 / R3 = 110,267 / 429/691). Key support levels (1st from 109.623 to 109.964 at the end of the day, the 2nd of 109.477 to 109...
Today is a light data day with almost no important releases. The Australian dollar is trading flat, as well as the Japanese yen. Yesterday, after disappointing U.S. statistics, the dollar growth stalled. Find out more by checking out the Source Link...
Chart:https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_19.html Calculated levels today: Support (S1 / S2 / S3 = 1,11842 / 1,11724 / 1,11533), resistance (R1 / R2 / R3 = 1.12224 / 1.12342 / 1.12533). Key resistance levels (1st from 1.12821 to 1...
FxWirePro: EUR/GBP Slips Below 38.2% Fib, Momentum Bearish Given higher odds of a "Remain" outcome in the EU Referendum (of 77%), GBP to remain buoyed near-term. Very strong retail sales data for April for the UK released on Thursday also to support the Pound...
EUR/USD Stuck in Tight Range Near 1.1200 The EUR/USD pair traded around a flat-line almost through the Asian session, and now flirts with 1.12 handle as we head towards early Europe. EUR/USD finds support above 100-DMA at 1.1175 Currently, EUR/USD trades dead flat at 1...
FxWirePro: USD/INR Hovers Around Key Support at 67.35, Intraday Bias Remains Neutral USD/INR is currently trading around 67.34. It made intraday high at 67.50 and low at 67.3250 marks. Intraday bias remains neutral till the time pair holds key support at 67.12 marks. A daily close above 67...
FxWirePro: AUD/USD Consolidates Above 61.8% Fib, Weakness to Resume on Close Below AUD/USD failed to close below 61.8% Fib of Jan to Apr rally (0.7212) on Thursday. The pair is now consolidating above the 61.8% Fib level and weakness to resume only on close below...
