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FxWirePro: Silver Fails to Break Key Support at $15.98, Intraday Bias Remains Bullish XAG/USD is currently trading around $15.05 marks. It made intraday high at $16.21 and low at $15.99 levels. Intraday bias remains slightly bullish till the time pair holds immediate support level at $15.98 marks...
Talking Points US Oil prices Tuesday rose above the 200-day SMA for the first time since July 29, 2014 Crude volatility, volume, open interest and options activity signal extraordinary interest Fundamentals in supply-demand are key, including the Doha meeting scheduled April 17 See the DailyFX An...
Pivot Points-daily Last Updated: Apr 14, 8:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10634 1.11864 1.12287 1.13094 1.13517 1.14324 1.15554 USD/JPY 107.271 108.171 108.746 109.071 109.646 109.971 110.871 GBP/USD 1.40506 1.41371 1.41691 1.42236 1.42556 1.43101 1.43966 USD/CHF 0.93712 0...
Pivot Points-Hourly Last Updated: Apr 14, 8:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12493 1.12557 1.12581 1.12621 1.12645 1.12685 1.12749 USD/JPY 109.197 109.31 109.371 109.423 109.484 109.536 109.649 GBP/USD 1.41133 1.41255 1.413 1.41377 1.41422 1.41499 1.41621 USD/CHF 0.96591 0...
EUR/USD Extends the Drop to 1.1260 The shared currency is prolonging its weekly decline today, now dragging EUR/USD to fresh lows in the 1.1260 region...
SGD: MAS Shifts to Neutral in Surprise Move - ANZ Research Team at ANZ, notes that the Monetary Authority of Singapore (MAS) shifted to a neutral policy stance today, which was a surprise as we did not think that the conditions for a move to neutral had been met...
FxWirePro: EUR/GBP Holds Above Strong Trendline Support, Focus on Boe Policy Meet EUR/GBP edges higher from fresh 2-week lows at 0.7925, and is on track to post the first weekly loss after five consecutive advances. Our previous call (http://www.econotimes...
USD/JPY Consolidates at 6-Day Highs Amid Japan Stocks Rally The USD/JPY pair clinches gains and sits near six-day highs as the yen continues to lose ground amid an extended rally in the Japanese stocks. USD/JPY finds support near 109...
Japan’s economic and financial malaise once was thought to have little relevance for other advanced economies. Respected Western economists and policy makers even argued that “Japan couldn’t happen here...
Analytical Review of the Stocks of Alcoa Inc. Alcoa Inc., #AA [NYSE] Industrial goods, Aluminum, USA Financial performance of the company: Index – S&P 500; Beta – 1.14...
I wrote at the beginning of January that economic conditions this year were set to be as weak as in 2015, which was the worst year since the global financial crisis erupted in 2008...
The Bank of Japan is ready to expand its bond-buying program and cut interest rates further into negative territory as it fights to ignite growth in the country's economy, BOJ Gov. Haruhiko Kuroda said Wednesday. The central bank "will not hesitate to take additional easing measures in terms of...
FxWirePro: Negative RBNZ News and Lower Oil Prices Weigh on the Kiwi, Good to Sell NZD/USD Rallies Kiwi bears retained control amid negative RBNZ news and lower oil prices...
FxWirePro: USD/SGD Hovers Around Key Resistance at 1.3628, Break Above Targets 1.3709 USD/SGD is currently trading around 1.3625 marks. It made intraday high at 1.3636 and low at 1.3493 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3628 levels...
Gold Breaches Hourly 200-SMA Support in Asia The yellow metal extends weakness into a third day today, accelerating further below the hourly 200-SMA support, amid non-existent demand for the safe-havens. Gold off lows, regains 50-DMA at 1232.60 Currently, gold drops -0.60% to trade at 1233...
SGD: MAS Returns to GFC Policy Stance - Westpac Sean Callow, Research Analyst at Westpac, notes that the Monetary Authority of Singapore (MAS) returned to the neutral stance on SGD it adopted in the wake of the Global Financial Crisis...
FxWirePro: USD/JPY Edges Lower from Fresh Weekly High at 109.55, Weakness Only Below 5-Dma at 108.65
FxWirePro: USD/JPY Edges Lower from Fresh Weekly High at 109.55, Weakness Only Below 5-Dma at 108.65 USD/JPY has scored a high of 109.54 as the greenback strong across the board. Fed speakers were optimistic and more hawkish yesterday, relieving the dollar from the post Yellen New York speech...
Oil: Expectations for Doha May be Inflated – BBH Research Team at BBH, suggests that the weekend meeting between many OPEC and non-OPEC producers has helped spur the recent gains in the price of oil and they are concerned that market may be getting ahead of itself...
Nikkei Drives Asia Higher as Yen Extends Slide The risk-on sentiment across the Asian markets intensified this Thursday, after a strong close on the Wall Street overnight and higher base metals’ prices. While unexpected easing by Singapore’s central bank also provided fresh impetus to the markets...
