Technical Analysis of USD/JPY for March 21, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Existing Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...
Hi traders, My plan for GBPUSD this week is follows the screenshot base on A2SR. with breakeven 2/20 pips, and I saved it as a template. Target is at current Resistance, above current support posisitions. Picture have thousands words...
* Skandinaviska Enskilda Banken AB (Swedish pronunciation: [skandɪˈnɑːvɪska ˈeːnˈɧɪlda ˈbaŋːkən], Scandinavian Individual Bank), abbreviated SEB, is a Swedish financial group for corporate customers, institutions and private individuals with headquarters in Stockholm, Sweden...
Over the past year, the Fed has repeatedly arrested the Dollar rise and this week’s FOMC, with the shift in rhetoric towards caution over external risks, marked another iteration. We have sympathy for the Fed’s dilemma...
Quant Signals: Short NZD/USD, Long AUD/USD, Short USD/CAD Short NZD/USD, long AUD/USD, short USD/CAD are the latest strong FX signals from Societe Generale's Combined Momentum and IR-Driven models. (Source: SG™,) Quant' on Thurs 3/17 at 04:26 PM ET...
The Fed didn’t say much in its statement, so investors were left to zero in on the dot plots. And with the median going down from four hikes in 2016 to only two, markets decided that the Fed isn’t confident in its just started hiking cycle...
Pernille Bomholdt Henneberg, Senior Analyst at Danske Bank, suggests that the ECB’s new TLTRO II provides very cheap bank funding with a long maturity and no mandatory early repayments...
Research Team at BNP Paribas, suggests that while UK inflation is still far from levels that would be consistent with BoE tightening, they believe markets expectations, which currently imply a modest chance of easing over the next year, have swung too far in a dovish direction...
EUR/USD: Bullish: Above 1.1375 would open up the way for 1.1495. The bullish EUR phase that started on 11 Mar is still intact even though we are faced with strong resistance at 1.1375 (high in early December 2015). Only a clear break above this level would open up the way for a move to 1.1495...
A new week in #Forex is not as intense as the two previous ones. The market will focus mainly on statistics from the USA, in which traders will be looking for confirmation of the U.S. economy recovery. Find out more by checking out the Source Link...
Daily Analysis of Major Pairs for March 21, 2016 EUR/USD: The EUR/USD pair broke upwards last week, moving north by 280 pips on Wednesday and Thursday. The market could continue going upwards but there is a possibility that the bears might come in and push the price downwards...
EUR/USD Forecasts: Focus on Risk Trends – UOB and Danske Bank EUR/USD has started the week on a weak note, coming down from recent tops above the 1.1300 handle to the current 1.1265/60 band...
GBP/USD: Sell-off to Gather Pace at London Open? GBP/USD is now trading with moderate losses with traders fearing an early wobble in London following Duncan Smith’s resignation over the weekend. Politics back in focus Iain Duncan Smith’s resignation is a big loss to Cameron...
CAD/CHF Faces Strong Support at 0.7400, Break Below Targets 0.7285 Major support – 0.7400 (trend line joining 0.7333 and 0.7363) The pair has declined till 0.7414 and slightly recovered from that level. It is currently trading around 0.7423. Short term trend is weak as long as resistance 0...
Daily Analysis of USDX for March 21, 2016 USDX is being supported by the 94.69 level, where a lower low pattern formation is seen on the H1 chart. The 200 SMA on this timeframe is bearish and that scenario is still favored for at least during this week...
Daily Analysis of GBP/USD for March 21, 2016 The pair is currently working out a strong intraday bullish bias on the H1 chart, as it has been trading above the support level of 1.4423, which remains stable as a strong demand zone in a short-term basis...
EURUSD continued its climb higher last week after finding support at the key 1.1060 handle. This came after further action from the ECB on March 10th fueled a 400-pip rally that put the pair well above the area. The coming week offers a fairly tight range between new support at 1...
Indian Rupee Erases Previous Gain Against US Dollar, Intraday Bias Remains Bullish USD/INR is currently trading at 66.55 marks. It made intraday high at 66.55 and low at 66.46 levels. Intraday bias remains bullish for the moment. A daily close below 66...
FXWIREPRO: EUR/JPY Capped Below 10-Dma at 125.75, Momentum Bearish EUR/JPY is extending decline, sees strong trendline resistance at 126.20. Some rumors of a possible BOJ's intervention, lead to a slide in the Japanese currency by the end of the week...
