GBP/USD Recedes to 1.4450 as Carney’s Presser Gets Underway The GBP/USD pair gave back almost entire BOE-led gains and now trades modestly flat, reacting to the cautious remarks delivered by the BOE Governor Carney at the BOE press conference...
EUR/USD Forecast: Back to Nowhere Land The EUR/USD eased from 1.4446, the high achieved late Wednesday, reaching a daily low of 1.1403 with the European opening...
EUR/USD Trade Idea EUR/USD Bottom 1.1365, down 10 pips overnight from 1.1375. Range break above 1.1721, 1.1886, 1.1979. Range break below 1.1131, 1.0977, 1.0892. Target 1.1486, down 5 pips overnight from 1.1491. Failure point 1.1442, down 8 pips overnight from 1.1450. Levels on the way up, 1...
NZD: Continue to See a Downward Bias as the Year Progresses - BNZ Research Team at BNZ, suggests that the weaker fundamentals for the AUD have helped drive the NZD down over the past couple of weeks...
USD/CHF Turns Neutral at 0.9700 Handle, Awaiting Fresh Triggers The USD/CHF pair turned negative and dropped to test 20-day SMA support near 0.9680 before recovery back above 0.9700 to turn neutral around 50-day SMA...
FxWirePro: EUR/CAD Trades Lower on Strong Oil Price, Good to Sell on Rallies Major resistance- 1.4820 (200 day MA) Major support – 1.4600 EUR/CAD has declined after making a high of 1.48249 (9th May 2016).It is currently trading around 1.46632...
GBP/JPY Soars 1% Beyond 158 Handle on BOE The GBP/JPY pair climbed further to hit fresh ten-day highs after the BOE kept monetary policy unchanged, although surprised markets over its confidence over UK’s economic prospects post EU referendum...
EUR/GBP Slides Sharply to 0.7860 After BOE Announcement After fading its spike to 0.7919, touched during early European session, the EUR/GBP pair extended it slide to fresh 7-day low level of 0.7858 immediately after BOE policy announcement...
GBP/USD Jumps to Test 1.4500 on BOE Status-Quo The GBP/USD pair accelerated further to the upside and challenged 1.45 handle following the release of BOE status-quo policy decision along with minutes and quarter inflation report (QIR...
Chart: https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_12.html Calculated levels today: Support (S1 / S2 / S3 = 1,1384 / 66/37), resistance (R1 / R2 / R3 = 1.1442 / 60/89). Key resistance levels (from 1st, 1393 to 1.1412 at the end of the day, the 2nd of 1.1383 to 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, May 12th GBP/USD stood back from its highs at 1.44 level witnessed in Asia. Now traders are awaiting for todays main releases from BOE...
EUR/USD Slips Below 1.1400 Handle ahead of BOE The EUR/USD pair extended its weakness and has now dropped back below 1.1400 handle just ahead of BOE Super Thursday...
Chart:https://bi0l.blogspot.com/2016/05/xauusd-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 1268,16 / 1264,79 / 1259,35), resistance (R1 / R2 / R3 = 1279.05 / 1282,42 / 1287,87). Key level (1st from 1262.57 to 1267...
EUR/GBP Back in the Red Below 0.7900, awaits BOE The cross in the EUR/GBP came under heavy selling pressure post-European open, mainly driven by broad EUR sell-off, while the cable trades muted heading into the BOE’s Super Thursday events. EUR/GBP flirts with 5-DMA at 0...
Dear Traders, Today will be a big day for sterling traders with the Bank of England Quarterly Inflation Report, Rate Decision and the speech by BoE Governor Mark Carney...
GBP/USD: Volatile ahead of BOE, Eases-off 1.4460 The GBP/USD pair is seen fading a spike to daily tops, as the bulls take a breather amid increasing nervousness ahead of the BOE verdict and more important inflation report. GBP/USD bounces-off 1...
BoE: Rates Should Hold on Not So Super Thursday – Investec Research Team at Investec, suggests that Super Thursday, this week’s key event is finally on its way and we will be treated to the Inflation Report, the Monetary Policy Committee’s (MPC) rate decision and the Bank of England meeting minut...
BoE: Another Round of GBP Weakness? - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the day’s big event is the UK MPC meeting and Bank of England Inflation report...
Chart:https://bi0l.blogspot.com/2016/05/brent-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 45,67 / 44,99 / 43,88), resistance (R1 / R2 / R3 = 47,88 / 48,54 / 49,66). Key support levels (1st from 44.98 to 46.03 at the end of the day, the 2nd of 44...
