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The U.S. currency came under serious pressure versus its competitors in FOREX on all fronts. Thus, #USDJPY #quotes have left borders of the graphic pattern "triangle", which was relevant during the past few weeks, breaking its lower border. Find out more by checking out the Source Link...
A technical picture in #USDCAD has changed dramatically. The #Fed meeting gave bears in the pair an opportunity to successfully storm the support line of the medium-term uptrend. It is recommended to hold short positions opened on a breakthrough of a support line...
The British pound to dollar exchange rate (GBPUSD) recovered strongly in the wake of the US Federal Reserve’s March policy meeting, the gains could however be brief...
As widely expected, the Fed maintained the Fed funds target rate unchanged at 0.25%-0.50% - but the Fed sent a dovish signal...
The research team at UOB Group sees gains inEUR/USD to be limited in the near term. Key Quotes “The overnight high has been 1.1242 which was just below the 1.1245 target that was first indicated last Friday”...
Strategist at Westpac Richard Franulovich has recommended going long USD on pullbacks towards the 94.00-95.00 area...
Richard Franulovich, Strategist at Westpac, suggested the 1.35-1.36 area could cap occasional gains. “This could be it for USD/CAD’s downleg since midJan, neither CA-US 2yr bond spreads nor oil prices offering much confidence for sustained trade in USD/CAD sub-1.35”...
Dollar Index Technical Analysis for March 17, 2016 The Dollar index made a new low yesterday breaking the triangle pattern downwards after the FOMC meeting. Trend remains bearish as we approach the important support area of 95...
Technical Analysis of USD/CHF for March 17, 2016 USD/CHF is expected to extend its downside movement. After yesterday's sharp decline, the pair is now in a downtrend, capped by its falling 20-period and 50-period moving averages...
SNB March Policy Decision - Thurs 3/17 - 4:30 AM ET BoE March Policy Decision - Thurs 3/17 - 8:00 AM ET PS: Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105...
Technical Analysis of NZD/USD for March 17, 2016 NZD/USD is expected to trade in a higher range. The pair jumped above its previous resistance at 0.6705, which now acts as support. The upside potential has been opened towards 0.6805...
Technical Analysis of GBP/JPY for March 17, 2016 The GBP/JPY is expected to trade with a bearish bias. After yesterday's sharp decline, the pair has clearly reversed down, and is likely to post a new drop towards 158.70. The relative strength index is badly directed...
EUR/USD: Bullish: Take partial profit at 1.1245. The overnight high has been 1.1242 which was just below the 1.1245 target that was first indicated last Friday...
Technical Analysis of CHF/JPY for March 17, 2016 CHF/JPY seems to establish a bearish trend after breaking below the ascending Fibonacci channel and then breaking below the 161.8% retracement line. The first corrective wave after the 161...
Analysis : Channel Down has broken through the resistance line at 16-Mar-20:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 0.679. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
Technical Analysis of EUR/USD for March 17, 2016 When the European market opens, some economic news will be released such as the Spanish 10-y Bond Auction, Trade Balance, Final Core CPI y/y, Final CPI y/y, Italian Trade Balance...
Technical Analysis of USD/JPY for March 17, 2016 In Asia, Japan will release the Trade Balance, and the US will release some economic data such as Natural Gas Storage, the CB Leading Index m/m, JOLTS Job Openings, Unemployment Claims, the Philly Fed Manufacturing Index...
Technical Analysis of Silver for March 17, 2016 Technical outlook and chart setups: Silver pulled back towards $15.60/65 levels yesterday before reversing lower. The metal has held resistance at $15.80/90 levels as expected and should be looking to drop lower into $14...
