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FxWirePro: USD/KRW Moving in a Tight Range, a Break of Either Side Provides Further Direction USD/KRW is currently trading around 1189 levels. It made intraday high at 1189 and low at 1186 levels. Intraday bias remains neutral for the moment...
FxWirePro: AUD/NZD Falls Below Key Support at 1.0705, Intraday Bias Remains Bearish AUD/NZD is trading around 1.0681 marks. Pair made intraday high at 1.0722 and low at 1.0679 marks. Intraday bias remains bearish for the moment. A daily close below 1.0700 will take the parity down towards 1...
Chart:https://bi0l.blogspot.com/2016/05/gbpusd-intraday-forecast-technical-side.html Calculated level for today: Support (S1 / S2 / S3 = 1,45717 / 476/076), resistance (R1 / R2 / R3 = 1,46496 / 737 / 1.47126). Key support levels (1st from 1.45366 to 1.46076 in the late afternoon, 2nd from 1...
FxWirePro: Singapore Dollar Erases Previous Loss Against US Dollar, Good to Sell on Rallies USD/SGD is currently trading around 1.3787 marks. It made intraday high at 1.3803 and low at 1.3780 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3828 levels...
EURUSD Daily Forecast: May 20 2016 EURUSD Forecast The EURUSD was indecisive yesterday and now struggling around the daily EMA 200 support as you can see on my daily chart below. The bias remains bearish in nearest term but note that we need a clear break below the daily EMA 200 and 1...
GBPUSD Daily Forecast: May 20 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.4500 area. On the upside, key resistance remains around the daily EMA 200 located around 1.4700 region...
USDJPY Daily Forecast: May 20 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bullish bias. The bias remains bullish in nearest term testing 110.65. Immediate support remains around 119.50...
USDCHF Daily Forecast: May 20 2016 USDCHF Forecast The USDCHF continued its bullish momentum yesterday topped at 0.9922 as a bullish continuation after broke above 0.9795 key resistance. The bias remains bullish in nearest term testing 1.0000 area. Immediate support is seen around 0.9860...
GBPUSD: The pair continues to retain its bull pressure but with caution ahead of its key resistance at 1.4769 level. If it fails to build up on its recent strength we could see it head lower. On the downside, support lies at the 1.4550 level where a break will turn attention to the 1.4500 level...
Pound Bid on UK Retails Sales - ANZ Analysts at ANZ noted that there were very strong retail sales data for April for the UK overnight. Key Quotes: "Headline sales rose 1.3% m/m and March's fall was revised significantly to -0.5% vs -1.3...
FOMC Minutes Keeping Dollar Bid - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the hawkish tone of the FOMC Minutes kept the dollar running this Thursday, as investors were caught on the wrong side of the market when the Central Bank opened doors for a June rate hike...
Commodities: Oil Solid on Supply Disruption Concerns - ANZ Analysts at ANZ noted that commodities were weaker across the board as the stronger USD weighed on investor sentiment...
AUD/USD: In a Correction on Daily Lows of 0.7176 AUD/USD is currently trading at 0.7226 in a recovery and correction of the FOMC minutes slide that was extending this month's downside and April's reversal. The key focus overnight was with the Fed yet again after yesterday's hawkish minutes...
USD/JPY: Bid and Attempting Territory on 110 Again USD/JPY is losing the conviction on the 110 handle having been unable to progress to the mid point and has stalled at 110.37 highs. USD/JPY made lows of 109...
Pivot Points Daily Last Updated: May 20, 2:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11026 1.11528 1.1177 1.1203 1.12272 1.12532 1.13034 USD/JPY 108.628 109.315 109.629 110.002 110.316 110.689 111.376 GBP/USD 1.44063 1.45084 1.45582 1.46105 1.46603 1.47126 1.48147 USD/CHF 0.97759 0...
Pivot Points Hourly Last Updated: May 20, 2:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11857 1.11928 1.1197 1.11999 1.12041 1.1207 1.12141 USD/JPY 109.758 109.845 109.884 109.932 109.971 110.019 110.106 GBP/USD 1.45876 1.45951 1.45995 1.46026 1.4607 1.46101 1.46176 USD/CHF 0.98976 0...
EUR/USD: The break below our 1.1215 initial targets signals lower. We now expect further weakness towards 1.1125 and then 1.0990. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 USD/JPY: We are neutral for now and look for signs of a top under the 111...
EURGBP- With the cross selling off on Wednesday and following through on Thursday, further decline is expected. Resistance resides at the 0.7700 level where a violation if seen will turn risk towards the 0.7740 level. On further upside, the 0...
