All Blogs
FxWirePro: BTC/USD Struggles to Break Above $470, Good to Buy at Dips Major resistance -$470 (Apr 26th 2016) BTC/USD has once declined till $447 after making a high of $464.79.It is currently trading around $453...
AUD/USD Drops to Session Lows, Stuck Around 0.7330 Confluence Region The AUD/USD pair reversed from its early Asian session spike to 0.7390 and has now dropped to a fresh session low of 0.7335...
GBP/USD Drops Further on UK Data, 1.4400 Eyed The GBP/USD pair ran through fresh offers following the release of below estimates UK industrial production data, which weighed heavily on the British pound. GBP/USD slips below 5-DMA at 1.4427 The GBP/USD pair trades -0...
FxWirePro: GBP/CAD Buying Momentum Shrinks Away As Back to Back Bearish Candles Pop up - Major Bear Trend Seems Intact Back to back bearish candles such as Gravestone, Long legged doji & Shooting star occurred at 1.8608, 1.8670 and 1.8639 levels respectively...
GBP/NZD Forms Shooting Star in Daily Chart, Targets 2.0800 Candlestick pattern formed- Shooting Star Potential reversal Zone (PRZ) -2.1485 GBP/NZD recovered from the low of 2.1147 at the time of writing. It is currently trading around 2.1246. Short term trend is still weak as long as resistance 2...
EUR/JPY Down but Not Out, 124.00 Still in Sight The EUR/JPY pair's reversal from two week-high gained momentum and has now dragged the pair to the mid-point of 124.00-123.00 handle...
AUD/JPY Smashed Below 80 Amid Risk-Off AUD/JPY halted a two-day rally and dropped sharply in the European session, as negative European equities refuelled demand for the safe-haven yen. AUD/JPY washes away nearly 80 pips The AUD/JPY pair now sinks -0.87% to fresh session lows of 79...
GBP/JPY Breaks Through 157.00 Level ahead of UK Manufacturing Data The GBP/JPY pair's reversal from 158.00 handle gained momentum, dragging the pair back below 157.00 level just ahead of the UK manufacturing and industrial production data...
JPY: Intervention Threat Not a Sustainable Driver for a Weaker Currency - MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened in the Asian trading session partially reversing weakness from early this week...
UK Rates: The Fall and Rise of Brexit Premia - TDS Renuka Fernandez, Senior Rates Strategist at TD Securities, suggests that a couple of weeks back they noted that markets had significantly priced lower Brexit premia and saw risks of a sharp re-pricing on UK rates...
EUR/GBP Rebounds to 0.7900 Handle ahead of UK Production Data The EUR/GBP pair rebounded from 20-day SMA support near 0.7865 level and is currently trading just below 0.7900 handle ahead of UK industrial production data...
What if #DonaldTrump becomes the U.S. president? The elections in the USA will surely be reflected in the financial markets, and that is why we are interested in this topic. Trump is the most contentious and controversial candidate. Find out more by checking out the Source Link...
Today’s Trading Idea: Gold Sell @ 1271 sl 1283 tp 1257 EurUsd sell @ 1.1385 sl 1.1435 tp 1.1315 GBPUSD sell @ 1.4445 sl 1.4485 tp 1.4385 Hello Friends...
The Dollar Bottom – Goldman Sachs US Economics team of Goldman Sachs on Friday trimmed their expectations for Fed hikes, dropping the June hike for next month and removing a March hike from 2017...
FxWirePro: Go Long on XAU/USD Above $1268 With Stop Loss at $1262 and Target of $1277 XAU/USD is currently trading around $1269 mark. It made intraday high at $1264 and low at $1271 levels. Intraday bias remains bullish till the time pair holds immediate support at $1262 marks...
Asian Markets Trading on a Mix Note, Gold Breaks Key Resistance at $1268 Most Asian markets are trading on a higher note but on the other side, Chinese markets are trading slightly lower. Gold breaks key resistance at $1268 and trading around $1270 marks...
EURUSD Daily Forecast: May 11 2016 EURUSD Forecast The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1275 – 1...
GBPUSD Daily Forecast: May 11 2016 GBPUSD Forecast The GBPUSD had another indecisive movement yesterday. The bias remains bearish in nearest term testing 1.4350 – 1.4300 as a part of the bearish scenario after the false break above the daily EMA 200 as you can see on my daily chart below...
