All Blogs
USD/JPY Rises above NFP Levels The Japanese weakened in the market during the last hours of the week amid a strong bounce in Wall Street. The Dow Jones is now up by 70 points after being down by almost a hundred points. USD/JPY rose sharply and is now above 106...
FxWirePro: EUR/USD Strongly Bearish Despite Upside Attempts The EUR/USD pair declined towards lower levels in the US session, as the pair found selling interest around 1.1444 levels after the release of mixed US employment data. Any upside is expected to be limited as the resistance level at 1...
EUR/USD: We are bearish towards initial targets in the 1.1360 area. A move below 1.1360 would signal lower towards 1.1300. The 1.1215 range lows are expected to provide buying interest. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
US Dollar Volatile, Tests Highs Near 93.80 The greenback, gauged by the US Dollar Index, has briefly tested lows near 93.20 following US Payrolls and quickly jumped to daily highs near 93.80...
USD/CAD Erases Early Gains After Disappointing NFP Data The USD/CAD pair reversed its early gains to 1.2900 handle and dipped back into negative territory on disappoint US NFP print and drop in Canadian unemployment rate...
USD/JPY Extends Losses After US Nonfarm Payrolls USD/JPY fell sharply and posted fresh daily lows as the dollar weakened following the release of disappointing US nonfarm payrolls report...
EURUSD Our Yesterday's signal got hit and we took the trade out due to EURUSD failing to hold the important level of 1.1425. However the pullback was healthy given that it held above 100% extension of A with C wave. Overnight and this ..Read More...
Does the Fed Want Inflation to Overshoot? – Goldman Sachs Jan Hatzius, Research Analyst at Goldman Sachs, suggests that many investors believe that the Fed has significantly changed its attitude to an inflation overshoot above 2...
EUR/USD Climbs Further Post-Payrolls EUR/USD is extending its upside bias today, now posting fresh tops well above the 1.1400 handle...
NFP: US Economy Adds 160,000 Jobs in April, Below Expectations US economy added 160,000 new jobs in April, the US Labor Department reported Friday. It came in below expectations of 200,000 and it was the weakest gain since September. The unemployment rate however held steady last month at 5...
JPY Remains Bid in the Short-Term – Rabobank The Japanese safe haven could remain well supported in the near-term, suggested Jane Foley, Senior FX Strategist at Rabobank...
AUD/USD Still Bearish Near-Term – UOB Analysts at UOB Group have reiterated the bearish perspective for the Aussie dollar in the next weeks. Key Quotes “The 0.7410 target first indicated two days ago was met as AUD dropped sharply after RBA revised its inflation forecast lower”...
Oil Trading Below $44.00 ahead of US Jobs Data WTI crude oil edged lower on Friday as focus shifts back to fear of oversupply, shrugging-off worries of supply disruptions in Canada and Libya. Currently, oil is trading with a cut of 1.5% at $43.65 and over 5% from $46.04 high touched on Thursday...
RBA Signals Potential for More Easing - MUFG Derek Halpenny, European Head of GMR at MUFG, notes that the RBA today released its quarterly monetary policy statement and perhaps after easing its monetary policy stance this week, we should not be surprised to see some notable downgrades to inflatio...
EUR/CHF Climbs to 1.1060, Session Highs The upbeat tone around the single currency remains unchanged today, now pushing EUR/CHF to test daily highs in the 1.1060.70 band. EUR/CHF focus on Payrolls The cross seems to have finally broken above the psychological 1...
GBP/CAD at Day's Peak ahead of Canadian Employment Data The GBP/CAD pair maintained its bid tone and has now moved to five week peak of 1.8678 ahead of the monthly Canadian labor market report for April due today. Extending its recovery from the lowest level since Jan...
US NFP Preview: Setting the Tone – ING Research Team at ING, suggests that a solid jobs data could spark a near-term USD revival and April jobs report might uphold the stagflationary trend in US data...
Trading EURUSD technically. Current price : 1.14224. Looking to short rallies to 1.4551-1.15. Only close above 1.15 will get us on the way to 1.20. First hourly support is at 1.1367 (123.6 Fib extension). Strategy for today : Short rallies to 61.8 - 78.6 fibs...
AUD/USD Slammed to 9-Week Low on Dovish RBA As we head towards today's key release, US monthly jobs report, the AUD/USD pair extends the slide to currently trade near fresh nine week low level of 0.7360...
