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FxWirePro: Nikkei225 Faces Support at 100 Day 4H MA, Good to Sell on Rallies Major resistance - 16985 (11 May High) Major support - 16375 (100 day 4H MA) Nikkei index has slightly recovered after making a low of 16409 . It is currently trading around 16525...
FxWirePro: Go Long on USD/SGD Only Above 1.3823 With Stop Loss at 1.3752 and Target of 1.3972 USD/SGD is currently trading around 1.3809 marks. It made intraday high at 1.3816 and low at 1.3773 levels. Intraday bias remains bullish till the time pair holds key support at 1.3772 levels...
FxWirePro: South Korean Won Falls Against US Dollar in Early Asia, Good to Buy on Dips USD/KRW is currently trading around 1185 levels. It made intraday high at 1187.30 and low at 1184.30 levels. Intraday bias remains bullish for the moment. Pair is moving in a rigid range from 1170 to 1190 marks...
FxWirePro: USD/JPY Remains Well Supported Above 109 Mark, Intraday Bias Remains Neutral USD/JPY is currently trading around 109.32 marks. It made intraday high at 109.40 and low at 109.20 levels. Intraday bias remains neutral till the time pair holds key support at 109.23 marks...
USD/JPY: Bears Taking This to 107.50 on Upside Failures? USD/JPY is reversing the Tokyo open offer from 109.39 to 109.21 lows in a mostly lower open in subdued markets that commenced overnight on Wall Street...
AUD/USD Awaiting Stevens or Not Really? AUD/USD remains in a tight range in a very quiet Asian session following on from a lackluster day on Wall Street, bar oil and the Yen...
Gold Fails to Resist Above 50-DMA, Drops Below $ 1250 Gold extends its losing streak into a fifth-day this Tuesday, as persisting calls for a June Fed rate hike weighs down on the non-interest paying investment asset. Gold surrenders $ 1250 mark Currently, gold trades -0.10% lower at 1248...
NZD/USD: Sell-Off Extends, Breaches 100-DMA Support The NZD/USD pair finally broke the overnight consolidative phase to downside and extended its bearish run into the Asian trades, now heading for a test of 0.67 barrier...
GBPUSD: The pair continues to hold on to its downside pressure triggered on Friday. On the downside, support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300 level...
Forex is essentially the most volatile market but nonetheless it is the most stable market. There are solely few strong currencies buying and selling at the market which might be extra most well-liked by the traders...
EUR/USD: We are paring back our bearish view in the short-term. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 Small basing candles point to a squeeze higher in range. Overall we are bearish and would prefer to fade upticks against resistance in the 1...
EURJPY: With the cross breaking and trading below its consolidation range, risk of more weakness is likely in the days ahead. Support comes in at the 122.00 level where a break will aim at the 121.50 level. A turn below here will target the 121.00 level with a breach turning focus to the 120...
EURJPY: Weakens Below Its Consolidation Range EURJPY: With the cross breaking and trading below its consolidation range, risk of more weakness is likely in the days ahead. Support comes in at the 122.00 level where a break will aim at the 121.50 level. A turn below here will target the 121...
AUD/USD's Indecisiveness Could Lead to a Sharp Move A surprising decision by the Reserve Bank of Australia to cut interest rates and a more hawkish-than-expected Federal Reserve meeting minutes has weighed heavily on the AUD/USD in recent times...
USD/JPY Extends Losses to 5-Day Low USD/JPY extended its decline during the New York session and posted fresh 5-day lows as the yen remains among the stronger currencies across the board...
FTSE Rally Withers on the Vine Heading into the close, the FTSE 100 is 15 points lower, as caution regarding Fed policy persists. Markets stuck in a rut Caution over outlook for budget airlines 'Bremain’ camp firmly in the ascendancy...
AUD/JPY Drops Below 79.00, Eyes May Lows The Australian dollar is among the worst performers in the market on Monday and is falling particularly versus the Japanese yen. AUD/JPY is losing 80 pips and continues to move closer to May lows. The pair managed to rise to 79...
GBP/USD Continues to Give Up Last Week’s Gains GBP/USD fell further and made marginal new lows for the day during the American session with the dollar outperforming most peers. GBP/USD edged higher during the European session but the upside was capped by the 1...
USD/JPY: Below 109.30, Door Open to 108.65 - BBH Analysts from Brown Brother Harriman, explain that the USD/JPY pair found resistance around a line connecting March and April highs and now is testing an uptrend line. Key Quotes: “The yen is the strongest of the major currencies...
