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GBP/USD Top in Place? – UOB The research team at UOB Group assessed the recent price action in GBP/USD and the perspectives for the next 1-3 weeks. Key Quotes “GBP rallied strongly last week to touch a high of 1.4663 but the up-move was quickly reversed”. “The break back below 1...
On Tuesday, during the Asian session, #USDJPY drifts at the area of 109.30. Meanwhile declining #oil prices put pressure on commodity currencies, such as #AUD and #CAD. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Oil Extends Losses for 3rd Straight Session, API Report Eyed Oil benchmarks on both sides of Atlantic prolongs its selling spiral for the third straight session as traders remain wary heading into the weekly API inventory report...
USD/CAD Climbs to Highs Near 1.3170 The greenback is extending its march north during the first half of the week, now lifting USD/CAD to the area of daily tops near 1.3170...
USDCHF: Be Ready for the Short! The USDCHF has steadily trended lower over the past few months after forming a high around the 1.03 handle. The decline has largely been exhibited in the form of a wave pattern with prices making steadily lower highs...
EUR/GBP Ssidelined Near 0.7740 ahead of ZEW EUR/GBP is extending its weekly consolidative pattern around 0.7740 on Tuesday ahead of the ZEW Survey in Germany. EUR/GBP focus on ZEW The European cross continues to navigate the low-0...
GBP/USD Capped Below 1.45 ahead of BOE Inflation Report Hearings The GBP/USD pair consolidates the downside as we progress towards the European session, having faced rejection just a thread-line short of 1.45 handle. GBP/USD supported above 20-DMA at 1...
EUR/USD Supported at 1.1200, ZEW in Focus The EUR/USD pair is seen trading around a flat-line above 1.12 handle, with the bulls trying hard to regain ground amid weaker equities and on hopes of a better ZEW print. EUR/USD: Risk remains to the downside, 100-DMA eyed Currently, EUR/USD drops -0...
Japanese Bonds Steady in Subdued Trade The Japanese government traded nearly flat on Tuesday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance...
FxWirePro: AUD/JPY Holds Minor Trendline Support at 78.65, Downside to Resume on Break Below AUD/JPY keeps losses, as RBA Governor Stevens’ speech failed to lift the sentiment around the AUD...
FxWirePro: Eur/jpy Trades a Narrow 20 Pip Range in the Asian Session, Double Bottom at 122.45 Offers Strong Support EUR/JPY trades a narrow 20 pip range in the Asian session, made a high at 122.69 and low at 122.47...
FxWirePro: NZD/JPY Breaches Baseline of Rising Wedge, on Verge of Breaking 73.401 - Cash or Nothing Binaries to Speculate Ever since the slumps from rising wedge resistance at 74.824 levels, the pair has been consistently tumbling...
FxWirePro: USD/INR Hits Fresh 2-Month High at 67.71, Intraday Bias Remains Bullish USD/INR is currently trading around 67.64. It made intraday high at 67.71 and low at 67.46 marks. Intraday bias remains bullish till the time pair holds key support at 67.26 marks...
Australian Bonds Flat in Quiet Trade The Australian bonds traded nearly flat on Tuesday, succumbing to thin trading activity during a relatively quiet session that saw little data of much significance...
FxWirePro: USD/JPY Consolidates Overnight Losses, Downside Intact, Stay Short Japanese yen outperformed overnight on risk aversion, USD/JPY hit lows of 109.11. USD/JPY bulls were rejected at 110.58 last week and the downside took out the 109.70 level. The pair finds stiff resistance between 110...
Asian Markets in Red on the Back of Global Uncertainties, Gold Dips Below $1250 All the major Asian stock markets are trading on a lower note on Tuesday on the back of global uncertainties and speculation on the interest rate hike by Federal Reserve...
FxWirePro: Kiwi Falls Sharply Against Major Peers, AUD/NZD Back Above 1.07 Marks AUD/NZD is trading around 1.0727 marks. Pair made intraday high at 1.0734 and low at 1.0672 marks. Intraday bias remains neutral till the time pair holds key resistance at 1.0741 marks. A daily close below 1...
AUD/USD Attacks 0.7200 on RBA’s Stevens The recovery from ahead of 0.72 handle failed to gain traction following the comments from RBA Governor Stevens, with the AUD/USD pair extending to the downside near 0.7200. AUD/USD trades below 5-DMA Currently, the AUD/USD pair trades -0.27% at 0...
Intra-day Market Moving News and Views (USD/JPY) 24 May 2016 02:00GMT USD/JPY - ...... Dollar is nursing loss in subdued Tokyo morning after yesterday's intra-day selloff from 110.24 (AUS) to as low as 109.11 in 'delayed' reaction to weekend's warning issued by U.S...
