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AUD/USD Awaiting Stevens or Not Really? AUD/USD remains in a tight range in a very quiet Asian session following on from a lackluster day on Wall Street, bar oil and the Yen...
Analytics & Forecasts
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Roberto Jacobs, 24 May 2016, 05:03
Gold Fails to Resist Above 50-DMA, Drops Below $ 1250 Gold extends its losing streak into a fifth-day this Tuesday, as persisting calls for a June Fed rate hike weighs down on the non-interest paying investment asset. Gold surrenders $ 1250 mark Currently, gold trades -0.10% lower at 1248...
Analytics & Forecasts
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Roberto Jacobs, 24 May 2016, 04:59 #gold
NZD/USD: Sell-Off Extends, Breaches 100-DMA Support The NZD/USD pair finally broke the overnight consolidative phase to downside and extended its bearish run into the Asian trades, now heading for a test of 0.67 barrier...
Analytics & Forecasts
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Roberto Jacobs, 24 May 2016, 04:54 #nzdusd
GBPUSD: The pair continues to hold on to its downside pressure triggered on Friday. On the downside, support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300 level...
Analytics & Forecasts
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FXTechstrategy.com, 24 May 2016, 03:35
Forex is essentially the most volatile market but nonetheless it is the most stable market. There are solely few strong currencies buying and selling at the market which might be extra most well-liked by the traders...
Other
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Kazi Jakaria, 24 May 2016, 01:20
EUR/USD: We are paring back our bearish view in the short-term. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 Small basing candles point to a squeeze higher in range. Overall we are bearish and would prefer to fade upticks against resistance in the 1...
EURJPY: With the cross breaking and trading below its consolidation range, risk of more weakness is likely in the days ahead. Support comes in at the 122.00 level where a break will aim at the 121.50 level. A turn below here will target the 121.00 level with a breach turning focus to the 120...
Analytics & Forecasts
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FXTechstrategy.com, 23 May 2016, 20:01 #forex
EURJPY: Weakens Below Its Consolidation Range EURJPY: With the cross breaking and trading below its consolidation range, risk of more weakness is likely in the days ahead. Support comes in at the 122.00 level where a break will aim at the 121.50 level. A turn below here will target the 121...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 19:54
AUD/USD's Indecisiveness Could Lead to a Sharp Move A surprising decision by the Reserve Bank of Australia to cut interest rates and a more hawkish-than-expected Federal Reserve meeting minutes has weighed heavily on the AUD/USD in recent times...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 19:51
USD/JPY Extends Losses to 5-Day Low USD/JPY extended its decline during the New York session and posted fresh 5-day lows as the yen remains among the stronger currencies across the board...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 19:48
FTSE Rally Withers on the Vine Heading into the close, the FTSE 100 is 15 points lower, as caution regarding Fed policy persists. Markets stuck in a rut Caution over outlook for budget airlines 'Bremain’ camp firmly in the ascendancy...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 18:59
AUD/JPY Drops Below 79.00, Eyes May Lows The Australian dollar is among the worst performers in the market on Monday and is falling particularly versus the Japanese yen. AUD/JPY is losing 80 pips and continues to move closer to May lows. The pair managed to rise to 79...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 18:56
GBP/USD Continues to Give Up Last Week’s Gains GBP/USD fell further and made marginal new lows for the day during the American session with the dollar outperforming most peers. GBP/USD edged higher during the European session but the upside was capped by the 1...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 18:53
USD/JPY: Below 109.30, Door Open to 108.65 - BBH Analysts from Brown Brother Harriman, explain that the USD/JPY pair found resistance around a line connecting March and April highs and now is testing an uptrend line. Key Quotes: “The yen is the strongest of the major currencies...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 18:50
GBP/USD: Downside Bias in the Short-Term - Lloyds Analysts from Lloyds Bank, point out that GBP/USD continues with a bearish bias in the short-term, reaffirmed after the break of 1.4525 on Friday. Key Quotes: “The break of 1...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 18:48
EUR/USD Finds Support and Regains 1.1200 EUR/USD managed to trim intraday losses after briefly falling below the 1.1200 level at the beginning of the New York session. EUR/USD bottomed out at 1...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 18:45
NZD/USD Finds Support Around 0.6750 The kiwi erased gains versus the US dollar and dropped to fresh daily lows. The New Zealand currency weakened in the market since the European session and also reversed the intraday trend against the aussie. NZD/USD peaked during the Asian session at 0...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 18:37 #nzdusd
Oil Has Seen an Upturn in Late Trade After some early weakness, the bullish USD tone was back on track, but we are seeing some notable resistance which can prompt a short term squeeze...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 17:09
US Stocks Flat as Fed Rate-Hike Fear and Oil Slump Weigh Sentiment Major US benchmark indices were trading with a slight positive bias during the early NY trading session as investors seems to digest comments from the Fed officials who continued to point towards a possible Fed rate-hike decision...
Market News
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Roberto Jacobs, 23 May 2016, 16:55
EUR/JPY Approaches Multi-Year Lows EUR/JPY came under renewed pressure on Monday and broke below the 123 level during the European session to hit fresh 2-week lows as the yen outperforms major rivals. EUR/JPY has lost more than a hundred pips throughout the day and bottomed out at 122...
Analytics & Forecasts
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Roberto Jacobs, 23 May 2016, 16:48