To add a new post, please log in or register
AUDUSD - With AUDUSD threatening further corrective recovery, bull pressure is envisaged. On the downside, support resides at the 0.7750 level where a breach will aim at the 0.7700 level. Below that level will set the stage for a run at the 0...
Currency
  • 132
  • 1
Andrius Kulvinskas, 6 February 2015, 09:13
The common currency largely bypassed the German data release, with EUR/USDsidelining around 1.1460/65. EUR/USD keeps the red The demand for the euro remains subdued on Friday while markets are exhibiting the classic flat-line pattern pre-US Payrolls...
Currency
  • 103
  • 1
Andrius Kulvinskas, 6 February 2015, 08:43 #EUR/USD
According to FXStreet Editor and Analyst, Omkar Godbole, GBP/USD might remain stuck in the 1.5260-1.5340 range till the North American session opens. Key Quotes “The GBP/USD pair extended gains to 1.5340 levels in the previous session after having breached the resistance zone at 1.52-1...
Currency
  • 103
  • 1
Andrius Kulvinskas, 6 February 2015, 08:38 #GBP/USD
The RBA Isn't Finished Loosening Monetary Policy The Reserve Bank of Australia released its latest quarterly monetary policy statement earlier in the Asia session...
Market News
  • 120
  • 1
Andrius Kulvinskas, 6 February 2015, 08:32 #RBA
Brent Oil futures on ICE rebounded sharply today, extending its recovery mode from six year lows, and is set to for a weekly increase amid falling output as tensions escalate in Libya. Eyes USD 59/ barrrel Currently, Brent oil trades 2.22% higher at USD 57...
Crude Oil
  • 159
  • 1
Andrius Kulvinskas, 6 February 2015, 08:06
EUR/USD is shedding some of yesterday gains, focused on the US Payrolls although keeping the trade above 1.1400. “Intra-day, the pair may remain supported going into the US NFP tonight (1330 GMT) and a breach of 1.1500 may invite a test towards 1...
Currency
  • 140
  • 1
Andrius Kulvinskas, 6 February 2015, 08:05
For the 24 hours to 23:00 GMT, the GBP rose 0.97% against the USD and closed at 1.5335, extending its previous session gains. Yesterday, the BoE made no changes in its monetary policy and maintained its key interest rate unchanged at a record-low of 0.5...
Currency
  • 95
  • 1
Andrius Kulvinskas, 6 February 2015, 08:02 #GBP/USD
For the 24 hours to 23:00 GMT, the EUR rose 1.23% against the USD and closed at 1.1477, on the back of stronger than expected factory orders data in Germany, coupled with the European Commission's upbeat assessment about the Euro-economy. Data showed that German factory orders rebounded 4...
Currency
  • 95
  • 1
Andrius Kulvinskas, 6 February 2015, 07:56
Economic Data (AU) AUSTRALIA JAN AIG PERFORMANCE OF CONSTRUCTION INDEX: 45.9 V 44.4 PRIOR; 3rd month of contraction (JP) JAPAN JAN OFFICIAL RESERVE ASSETS: $1.26T V $1.26T PRIOR Index Snapshot (as of 03:30 GMT) Nikkei225 +0.6%, S&P/ASX +0.3%, Kospi -0.2%, Shanghai Composite -1...
Market News
  • 106
  • 1
Andrius Kulvinskas, 6 February 2015, 07:52
For the 24 hours to 23:00 GMT, the USD declined 0.46% against the CHF and closed at 0.9214. The Swiss Franc gained ground, after Switzerland's SECO consumer confidence data surprisingly improved to a reading of -6.0 in January, confounding market expectations of a fall to a level of -13.0...
Currency
  • 90
  • 1
Andrius Kulvinskas, 6 February 2015, 07:36
Gold prices on Comex rallied to fresh session highs, snapping losses from the previous session. However, gold prices are poised to record biggest weekly loss in almost two months. Rises from 1262.50 levels Currently, gold trades higher by 0.40% at 1267...
Metals
  • 86
  • 1
Andrius Kulvinskas, 6 February 2015, 07:29 #gold
Asian shares climbed this Friday, ahead of the key U.S. non-farm payrolls report for January later in the session and after mixed views on the economy in Australia. Greece's drama is being eyed...
Market News
  • 335
News, 6 February 2015, 07:24 #Shanghai Composite, Nikkei
The Bank of Tokyo-Mitsubishi UFJ FX Team offers his outlook int the EUR/USD for the week ahead. Key Quotes "The US dollar has lost some upward momentum early this month after very strong gains recorded in January...
Currency
  • 125
  • 1
Andrius Kulvinskas, 6 February 2015, 01:41 #EUR/USD
Valeria Bednarik, chief analyst at FXStreet explained that GBP/USD trades near a fresh 5-week high of 1.5342 early in the Asian session. Key Quotes: "Boosted by broad dollar weakness and stronger than expected house prices in January in the UK according to the Halifax measure, which rose 2.0% m/m...
Currency
  • 113
  • 1
Andrius Kulvinskas, 6 February 2015, 01:32 #GBP/USD
Denmark’s biggest investor, pension fund ATP, says it hasn’t bothered setting up a hedge to protect its assets if the krone’s peg to the euro should break because the scenario is too far-fetched to warrant such a move...
Market News
  • 147
  • 1
Andrius Kulvinskas, 5 February 2015, 20:20
The common currency remains buoyant above the 1.1400 handle on Thursday, withEUR/USD attempting to consolidate around 1.1430. EUR/USD capped at 1...
Currency
  • 124
  • 1
Andrius Kulvinskas, 5 February 2015, 18:20 #EUR/USD
US DOLLAR TECHNICAL ANALYSIS Prices may be readying to turn lower after producing a bearish Evening Star candlestick pattern. Negative RSI divergence reinforces the case for a downside scenario. A daily close below the intersection of the 14...
Crude Oil
  • 505
  • 3
Sergey Golubev, 5 February 2015, 18:11 #price patterns
USD/CAD is trading at 1.2430 with a high of 1.2588 and a low of 1.2407. USD/CAD has been unstable while the price of oil has been making a come back and a bottom is appearing to form...
Currency
  • 115
  • 1
Andrius Kulvinskas, 5 February 2015, 17:55 #usd/cad
The Canadian dollar has taken back yesterday’s losses versus the greenback, supported by a strong oil recovery and better than expected Canadian trade data. USD/CAD has lost more than 150 pips throughout the day, retreating from near 1.2600 to a low of 1...
Currency
  • 84
  • 1
Andrius Kulvinskas, 5 February 2015, 17:10
The Danish central bank lowered its deposit rate to -0.75% from -0.50% today, its fourth rate cut in the past three weeks. The bank kept the lending rate, the discount rate and the current account rate unchanged at 0.05%, 0.0% and 0.0%, respectively...
Market News
  • 100
  • 1
Andrius Kulvinskas, 5 February 2015, 16:44