FXWIREPRO: Extending Pound/dollar Target to 1.55 Area In previous article, available at http://www.econotimes.com/FxWirePro-Pound-could-gain-towards-15-on-weaker-Dollar-178482 , we at FxWirePro fundamental, suggested that Pound might gain towards 1.5 area over weaker Dollar...
GBP/JPY Faces Strong Resistance Around 161.60, Break Above Targets 162.50/164 Major resistance – 161.60 (trend line joining 175.01 and 164.09) Major support – 159.50 The pair has recovered after making a low of 160.13. It is currently trading around 161.27...
Dear Friends, This week (March 20 - March 26) we have 5 high impact news schedule which may tradable. Monday, March 21’ 2016...
Technical Analysis of USD/CHF for March 22, 2016 USD/CHF is expected to trade with a bearish bias as the key resistance is at 0.9745. The pair remains weak below its horizontal resistance at 0.9745, and is likely to post a new decline after a limited consolidation...
Technical Analysis of NZD/USD for March 22, 2016 NZD/USD is expected to trade with a bearish bias. The pair remains under pressure below its nearest resistance at 0.6815, which is expected to limit any upward attempts...
Technical Analysis of GBP/JPY for March 22, 2016 GBP/JPY is expected to trade in a higher range. After the recent upside breakout of an ST declining trend line, the pair validated an intraday bullish reversal, and is turning up now. The nearest support at 160...
Technical Analysis of Silver for March 22, 2016 Technical outlook and chart setups: Silver is seen to be trading around the same range since yesterday, $15.70/80 levels for now. The metal might have formed an interim high at $16.13 levels it seems and should be looking to push lower from here...
Technical Analysis of Gold for March 22, 2016 Technical outlook and chart setups: Gold remains steady since yesterday, trading in a very tight range between $1,242.00 and $1,247.00 levels as depicted on the hourly chart...
Technical Analysis of EUR/JPY for March 22, 2016 Technical outlook and chart setups: The EUR/JPY pair remains unchanged for now with respect to structure and price action. The pair continues to consolidate between 125.20 and 126.50 levels as discussed yesterday. It is required to break below 125...
Technical Analysis of GBP/CHF for March 22, 2016 Technical outlook and chart setups: The GBP/CHF pair is finally looking to form a higher low at 1.3930 levels as depicted on the hourly chart here. The pair is bouncing off the fibonacci 0.786 support of the rally between 1.3880 and 1.4050 levels...
Technical Analysis of EUR/USD for March 22, 2016 When the European market opens, some economic news will be released such as Belgian NBB Business Climate, ZEW Economic Sentiment, German ZEW Economic Sentiment, the Flash Services PMI, the Flash Manufacturing PMI, German Ifo Business Climate, the G...
Technical Analysis of USD/JPY for March 22, 2016 In Asia, Japan will release the All Industries Activity m/m, Flash Manufacturing PMI and the US will release some economic data such as the Richmond Manufacturing Index, Flash Manufacturing PMI, HPI m/m...
Daily Analysis of USDX for March 22, 2016 The H1 chart structure remains bearish and the Index is currently dealing with the resistance zone of 95.44, where we can expect a pullback to resume the bearish bias on a short-term basis. If that scenario happens, then a breakout lower below the 94...
Daily Analysis of GBP/USD for March 22, 2016 GBP/USD is performing a decline and during yesterday's session we saw a strong domination by the bears in the overall bias of the Cable. Currently, we can expect a rebound above the support level of 2...
FXWIREPRO: Malaysian Ringgit Continues to Add Strength Against US Dollar, Intraday Bias Remains Bearish Pair is currently trading around 4.0200. It made intraday high at 4.0610 and low at 4.0220 levels. Intraday bias remains bearish till the time pair holds key resistance at 4.0933...
FXWIREPRO: NZD/USD Largely Rangebound, Further Bullishness Only on Break Above 0.6870 NZD/USD has been trading in a narrow range after seeing rejection at 0.6874 (strong trendline resistance) on March 18th. Upside on the day seen capped by 5-DMA at 0...
A fairly uneventful session has left AUDJPY coiling even tighter following the 650-pip rally that commenced on March 1st. I commented on the pair shortly after it began its ascent, noting the two channels I was keeping an eye on at the time. You can read that commentary here...
ECB, BOJ Seeking to Push Down Exchange Rates, Mervyn King Says The European Central Bank and the Bank of Japan are essentially trying to push down the values of their respective currencies with the use of negative interest rates, former Bank of England Governor Mervyn King said...
Analytical Review of the Stocks of Merck&Co. Inc. Merck&Co. Inc., #MRK [NYSE] Health care, drug production, USA Financial performance of the company: Index – DJIA, S&P 500...
