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FxWirePro: Singapore Dollar Strengthens Against US Dollar in Early Asia, Good to Sell on Rallies USD/SGD is currently trading around 1.3668 marks. It made intraday high at 1.3697 and low at 1.3666 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3740...
FxWirePro: USD/JPY Hovers Around 109.00, Intraday Bias Remains Neutral USD/JPY is currently trading around 108.94 marks. It made intraday high at 109.10 and low at 108.88 levels. Today Japan will release revised industrial production data at 0430 GMT...
FxWirePro: South Korean Won Gains in Early Asia, Intraday Bias Remains Bearish USD/KRW is currently trading around 1172 levels. It made intraday high at 1175 and low at 1172 levels. Intraday bias remains bearish till the time pair holds key resistance at 1180 marks...
EURUSD: With EURUSD continuing to maintain its downside pressure, further downside pressure is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1150 level. A break of here will target the 1.1100 level...
GBPUSD Weekly OutLook BEARISH Untuk sepekan kedepan akan ada beberapa Fundamental penting yang akan dirilis untuk zona ekonomi Inggris, diantaranya: 1. CPI y/y Selasa 17/05/2016 15.30 WIB. 2. Average Earnings Index 3m/y Rabu 18/05/2016 15.30 WIB. 3. Claimant Count Change Rabu 18/05/2016 15.30 WIB...
Those campaigning for Britain to exit the European Union claim that doing so would make their country both freer and richer...
USD/JPY Climbs Back to 109.00 Zone USD/JPY advanced during the American session and reached fresh daily highs in recent dealings, despite below expectations US data. USD/JPY climbed back above the 109 mark and hit a daily peak of 109.08 before losing momentum...
AUD/USD Rejected from Above 0.7300 The aussie is up against the US dollar on Monday but it failed to hold above the important 0.7300 handle and pulled back trimming gains. Near 10-week lows AUD/USD opened the week trading at the lowest level since early March and bottomed at 0...
Crude Prices Surge to Fresh 2016 Highs Brent and WTI crude oil prices have sharply extended their advance to fresh 2016 highs on this first day of the new week by approx. 3 per cent each so far...
EUR/USD: Our bearish view was encouraged by the close below support in the 1.1360 area. Our next targets are towards the 1.1215 range lows and then lower towards 1.1125. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
USD/JPY: Bullish to 111.50 - Scotiabank Analysts at Scotiabank explained that USD/JPY is consolidating around the mid-point of its five-session range roughly bound between 108.20 and 109.50, and they look to continued gains toward 111.50...
GBP/USD: Bulls Taking Back Control for 1.44 Handle GBP/USD has been in a series of daily declines of late, but bulls are back in charge today. GBP/USD rallied onto the 1...
U.S. Manufacturing Declining - Nomura Analysts at Nomura explained that the New York Federal Reserve today reported that the Empire State manufacturing headline index declined to -9.02 in May from 9.56 in April, falling well below expectations (Nomura: 8.0, Consensus: 6.5...
NZD/USD: Bulls Testing Bears Commitments at 0.68 Handle NZD/USD is testing the upper boundaries of the 0.67 handle and has penetrated the 0.6800 level with a high so far of 0.6809. The move comes with a recovery in oil that made $47.48 WTI the high in a continuation of the 11th May spike from $44...
EUR/USD Clings to Modest Daily Gain EUR/USD is going through a consolidation phase on Monday, having moved slightly off from Friday’s lows, but with the upside capped by the 1.1340 zone...
USD/CAD Breaks Below 1.2900 as Crude Oil Consolidates Gains The loonie (CAD) is among the best performers in the currency market on Monday and against the US dollar extended gains during the American session...
U.S. Key Data Coming Up - TDS Analysts at TD Securities explained that the main US data release this week is CPI on Tuesday and on Wednesday the minutes of the April FOMC meeting are released. Key Quotes: "We expect higher gasoline prices to push headline CPI up to 0.3% M/M, the same as consensus...
Weak Wage Price Index Could Intensify Expectations for a RBA June Rate Cut The Reserve Bank of Australia (RBA) cut the cash rate to a record 1.75 per cent at its recent monthly board meeting, and analysts expect it could be heading towards one per cent before the end of the year...
GBP/USD Gains Some Upside Momentum But Still Bearish The British pound has made short squeeze against US dollar by hitting high at 1.4406 during mid-morning US session, after the pair found support at 1.4333. However, the gains should be limited as the resistance level at 1...
