FxWirePro: EUR/AUD Extends Upside Into Daily Cloud, Focus on RBA Rate Decision EUR/AUD extends upside into daily cloud after breaking strong trendline resistance at 1.4835 on last Wednesday's trade...
GBP/JPY Attempting a Recovery, Moves Above 156.00 Mark The GBP/JPY pair managed to extend its minor recovery and is currently trading at the high point of the day, back above 156.00 level. Last week, the pair got slammed from 162.57 to nearly 155.00 mark in just two day on BoJ disappointment...
USD/CAD Remains Capped Below 1.2560, US Data Eyed The USD/CAD pair extends its side-trend into Europe, oscillating in 30-pips slim range amid subdued trading seen in the oil prices, as attention now turns towards the US data lined up for release later today...
USDCAD: Dip Towards 1.19/20 a Nontrivial Risk in the Interim - TDS Research Team at TDS, suggests that tracking for Q1 real GDP growth continues to run ahead of the Bank of Canada's 2.8% forecast (TDS: 2.9%) which will help offset the implicit drag on activity from a stronger CAD...
NZD: Inflation is All-but Dead - TDS Research Team at TDS, notes that the NZ’s inflation is all-but dead (Q1 +0.4%/yr) while no-one is yet talking about the relevance of the RBNZ's 'calculated' core measure (Q1 unchanged at +1.6%/yr...
Gold Taps $1,300 Level Gold prices climbed to session high level of $1302, finally managing to reclaim $1300 mark for the first time since January 2015...
Green Light for USD/CAD Weakness Still in Place - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the green light for USD/CAD weakness still in place, the pair likely to trade down to 1...
US Jobs Data is the Highlight of the First Week of a New Month - BBH Research Team at BBH, suggests that the US jobs data is typically the data highlight of the first week of a new month. It has lost its mojo...
US Dollar Drops to Lows Near 92.80 The greenback, tracked by the US Dollar Index, remains depressed today, currently testing the area of 92.80, or daily lows...
Chart:http://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side.html Calculated levels today: Support (S1 / S2 / S3 = 1,1378 / 52/10), resistance (R1 / R2 / R3 = 1.1461 / 87 / 1.1528). Key support levels (1st from 1.1327 to 1.1410 late in the day, the 2nd of 1.1319 to 1.1364...
AUD/USD: Upside Gathers Pace Ahead of RBA, 0.7670 Eyed The AUD/USD pair once again found fresh bids near 0.7595 region and bounced back higher above 0.76 handle, now flirting with highs around 0.7630. AUD/USD: RBA, economic releases in focus Currently, the AUD/USD pair advances 0...
USD/CHF Rejected from 0.9600 Handle, Turns Negative The USD/CHF pair got rejected from 0.9600 handle and erased all of its early Monday gains to drift back into negative territory and trade near day's through...
USD Remains on its Backfoot on a Cautious Fed - TDS Research Team at TDS, suggests that the US economic backdrop has softened in recent months, and the weakening in consumer spending momentum suggests that underlying domestic fundamentals have deteriorated...
FxWirePro: CHF/JPY Faces Strong Resistance at 111.65, Good to Sell on Rallies Major support – 111.50 The pair has broken major support 111.50 previous week and declined till 110.77. It is currently trading around 111.02. Short term trend is bearish as long as resistance 111.65 (200 W MA) holds...
EUR/GBP Could be Eyeing to Surpass 0.7900 Level The EUR/GBP pair spiked to day’s high of 0.7862 as bulls continues to lift the EUR/USD pair higher to fresh 2016 highs. The Euro's relative out performance continues to boost the pair further above 0...
USD/CAD: 1.30 Not Ruled Out – Rabobank According to Jane Foley, Senior FX Strategist at Rabobank, the pair could re-test the psychological key at 1.30 later in the year. Key Quotes “Canada’s March employment report brought a greater than expected 40.6K rise in jobs...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, May 02nd GBP/USD is regaining its bid tone and keeps its range-trade intact above 1.46 handle since mid-Asia...
EUR/USD Eyes 1.15 As Dollar Plummets The selling pressure is not giving up on the greenback, now helping EUR/USD to clinch fresh 2016 tops near 1.15 the figure. EUR/USD attention to Draghi, US data The pair is extending last week’s firm tone and trading closer to the critical barrier around the 1...
USD/JPY Rejected Once Again Near 106.70, Revisits 106.30 USD/JPY’s recovery from multi-month lows once again met supply near 106.70 region, knocking-off the major sharply lower towards session lows. USD/JPY heading towards 18-month lows...
