All Blogs
Technical Analysis of USD/CHF for April 28, 2016 USD/CHF is expected to trade in a lower range as the pair movement is capped by a negative trend line. The pair remains under pressure below its negative trend line, and is likely to post further decline...
NZD/USD Reversing from 0.7000 Vicinity On Thursday, the NZD/USD pair moved higher after RBNZ monetary policy statement to nearly reclaim 0.7000 handle before retracing back below 0.6950 level...
Technical Analysis of NZD/USD for April 28, 2016 NZD/USD is expected to trade in a higher range. The pair posted a strong rebound yesterday, and also jumped above its 20-period and 50-period moving averages. The immediate trend is up now, and the momentum is strong. The previous resistance at 0...
Technical Analysis of Gold for April 28, 2016 The dollar's weakness is helping gold prices move higher and challenge the recent highs and medium-term resistance...
Technical Analysis of USDX for April 28, 2016 The dollar is pressured by sellers mainly in the USD/JPY pair and commodities pairs thus pushing the index to new lows. The trend remains bearish as price did not manage to break above 95.20...
Technical Analysis of GBP/JPY for April 28, 2016 GBP/JPY is expected to trade in downside. The pair is still supported by its ascending trend line, and it is moving up...
Despite a Minor Pull-Back, EUR/USD Seems to Reclaim 1.1400 Mark Better-than-expected German employment number provided a mild up-tick for the EUR/USD pair, which rose to session high of 1.1368 before retracing back below 1.1350 level...
Briferendum Series: OECD Joins Band of Brexit Warner After U.S. president Barrack Obama’s endorsement for the stay campaigners, Organization for Economic Cooperation and Development (OECD), is the latest to join the list of Brexit warners...
BoJ: A Different Kind of Surprise - ING James Smith, Economist at ING, suggests that the BoJ took markets by surprise by holding back on adding stimulus at their April meeting, disappointing many who had expected further action...
Risk-Off Grips Europe Post-BOJ, Poor Earnings Weigh The risk-sentiment took a hit this Thursday after the BOJ failed to unveil further stimulus measures and stood pat instead, which disappointed markets and squashed hopes of cheap money flooding the markets...
USD/CAD Slides Further, Eyeing 1.2500 Mark Extending its weakness, the USD/CAD dropped to fresh 2016 lows of 1.2528 on broad based USD weakness and is currently trading marginally above day's through. Adding on to its drop of over 14% from multi-year high touched in Jan...
EUR/JPY Smashed to 8-Day Lows After BOJ’s Fall-Out The yen continues to hammer its European counterpart in the European session, as the former remains heavily in demand across the board on BOJ’s inaction at its today’s meeting. EUR/JPY erodes last week’s rise The EUR/JPY pair now drops -2...
GBP/USD Attempting to Reclaim 1.4600 Mark The GBP/USD pair has been trading in a range below 1.4600 level, as it awaits for fresh triggers to build on the recent gains. Declining fears of a 'Brexit' has been the key trigger for pair's recent up-move...
FxWirePro: AUD/USD Retakes 0.76 Handle, Broad USD Weakness Supports Broad USD weakness has helped AUD/USD recover lows of 0.7548 hit on Wednesday's trade. Surprisingly weak Australian CPI numbers on Wednesday saw sharp slump in AUD/USD...
FxWirePro: Swedish Krona Gains Against Euro Ahead of Retail Sales Data EUR/SEK is currently trading around 9.152 levels. It made intraday high at 9.1633 and low at 9.1495 levels. Intraday bias remains bearish for the moment. A daily close below 9.1437 will tests key supports at 9.1273 and 9...
Elliott Wave Analysis of EUR/NZD for April 28 - 2016 Wave summary: We finally saw a break above the important short-term resistance at 1.6499 to indicate that an important low was seen at 1.6062 and a new impulsive rally is developing. In the short term, we continue to look for support near 1...
Elliott Wave Analysis of EUR/JPY for April 28 - 2016 Wave summary: EUR/JPY only reached 126.47 before collapsing as the Bank of Japan announced no change after its meeting today. That disappointed the market and sent the cross pair strongly lower...
Technical Analysis of EUR/USD for April 28, 2016 When the European market opens, some economic news will be released such as the Italian 10-y Bond Auction, German Unemployment Change, Spanish Unemployment Rate, Spanish Flash CPI y/y, German Prelim CPI m/m...
Technical Analysis of USD/JPY for April 28, 2016 In Asia, Japan will release the BOJ Press Conference, Housing Starts y/y, BOJ Core CPI y/y, BOJ Outlook Report, Monetary Policy Statement, Prelim Industrial Production m/m, Retail Sales y/y, Unemployment Rate, National Core CPI y/y, Tokyo Core CPI...
