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USD/CHF Attempting a Move Back Above 0.9800 Level After being hammered on Friday, the US Dollar is attempting a broad based recovery on Monday with the USD/CHF pair recording a tepid bounce to 0.9770 level from a near 3-week low level of 0.9753. After rising to a multi-week high level of 0...
Nikkei225 Lags on USD/JPY Drop After NFP Shocker Asian Mid-session Market Update: Nikkei225 lags on USD/JPY drop after NFP shocker; Sterling plummets on rising Brexit momentum Economic Data - (AU) AUSTRALIA MAY ANZ JOB ADVERTISEMENTS M/M: +2.4% V -0...
EURUSD – Is This Trend Change In Euro Vs US Dollar Key Highlights Euro traded higher against the US Dollar, and there are possibilities of more upsides in EURUSD moving ahead...
EURUSD: Reverses Its Two-Week Losses EURUSD: With EURUSD taking back its two-week losses to close on a rally the past week, more strength is envisaged in the new week. Support lies at the 1.1300 level. Further down, support comes in at the 1.1250 level where a violation will aim at the 1...
FxWirePro: EUR/GBP Struggles at 0.79 Handle After Gap up Open, Go Long on Break Above Pound sold-off as latest 'Brexit' polls suggests rising possibilities of the UK voting to leave the EU on June 23 EU referendum...
EUR/USD: Levels, Ranges, Targets EUR/USD price remains on the floor, short term, means next day usually until the Tuesday changeover. Current price is still working in Friday as is the usual case for currency prices for time immemorial. The big monthly average break is found at 1.1552...
Dollar Rope-a-Dope, GBP Brexited Muhammad Ali died Saturday and the idea of a US recovery is on the ropes too but looking back on his career is a reminder that his greatest victory – like a great trade – was when he looked like he was defeated and then stormed back...
Oil Swings Higher in Asia, Weekly Supply Reports Eyed Oil benchmarks on both sides of Atlantic kicked-off the week on a firmer note, climbing higher this Monday, and expectant of the weekly crude reserves data from the US amid broad based US dollar correction...
Weekly Trading Setups with 83% Success Probability Here is price target for this week according to Forecasted Price Index (FPI): Note Researches have proven that price candles will hit FPI over 80% on average but this does not guarantee success in trading with this tool...
NZD/USD Drops Sharply to Test 0.6900 Amid Broad USD Rebound The NZD/USD pair is seen retreating a part of Friday’s massive rise and now inches closer towards 0.69 handle as the US dollar corrects higher against its major rivals. NZD/USD drops below daily pivot at 0...
Fed: Calm Before the Storm? - TDS Research Team at TDS, suggests that the risk assets and broader financial conditions had so far weathered the repricing higher of Fed hike expectations pretty well but the weak payroll report should create a sense of unease with the Fed policy stance...
Central Banks Want to See Greater Wage Growth - BBH Research Team at BBH, suggests that the Central banks in Japan, Europe, and the US want to see greater wage growth...
GBP/USD: Bears Gaurding 1.4400 Barrier. Brexit Fears Weigh The GBP/USD pair is seen making another recovery attempt to reclaim 1.44 handle, after having dived over 1% in Asia opening trades in response to renewed Brexit fears following latest two polls...
USD/JPY Rebounds from Monthly Lows, Regains 107 Having bottomed out near 106.40 region in the opening trades, the USD/JPY pair attempts recovery and now regains 107 handle, tracking a broad based US dollar bounce after poor NFP data led massive slide...
Asian Markets Mix, Gold Hits Fresh 2-Week High in Early Hours All the major Asian stock markets are trading on a mix note on the start of a new week. Important to note here that, major stocks and Forex markets are highly affected by the U.S. job results released on last Friday. U...
FxWirePro: USD/KRW Rejects 1194 Mark, Intraday Bias Remains Neutral USD/KRW is currently trading around 1167 levels. It made intraday high at 1169 and low at 1164 marks. Intraday bias remains neutral for the moment...
FxWirePro: ASX200 Faces Strong Support at 5270, Good to Buy at Dips Major resistance - 5350 Major Support - 5270 ASX200 has recovered till 5359 after making a low of 5283 at the time of writing. It is currently trading at 5359. Short term trend is slightly bullish as long as support 5270 holds...
FxWirePro: Nikkei225 Tumbles on Weaker US Jobs Data, Good to Sell on Rallies Major support - 16,250 ( 50% retracement of 1770 and 14770) Nikkei Index has has broken minor support 16410 and declined till 16252 on Friday due to weaker than expected US Non-farm payroll. It is currently around 16432...
FxWirePro: Kiwi Hovers Around Fresh 7-Month High Against Aussie, Australia's MI Inflation Falls in May AUD/NZD is trading around 1.0573 marks. Pair made intraday high at 1.0605 and low at 1.0562 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0647 marks...
