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FxWirePro: USD/KRW Hovers Around Key Resistance at 1180, a Break Above Targets 1193 USD/KRW is currently trading around 1179 levels. It made intraday high at 1177 and low at 1180 levels. Intraday bias remains neutral till the time pair holds key resistance at 1180 marks...
FxWirePro: Japanese Yen Gains in Early Asia on the Back of Higher Than Expected GDP Data USD/JPY is currently trading around 108.88 marks. It made intraday high at 109.23 and low at 108.72 levels. Japanese economy grew 0.4% in the March quarter vs. contraction of 0...
USD/JPY: Buyers in Control Above 109, Tuesday’s High Eyed? The bullish pressure behind the USD/JPY pair accentuated over the last hours as a renewed bout of risk-on wave gripped the markets, sending Japanese stocks sharply higher...
EURUSD Daily Forecast: May 18 2016 EURUSD Forecast The EURUSD had another indecisive movement yesterday. The bias remains bearish in nearest term testing 1.1200 region. Immediate resistance remains around 1.1350...
GBPUSD Daily Forecast: May 18 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.4523 but closed lower at 1.4460. The bias is neutral in nearest term probably with a little bearish bias testing 1.4400 – 1.4350 region. Immediate resistance is seen around 1...
USDJPY Daily Forecast: May 18 2016 USDJPY Forecast The USDJPY attempted to push higher yesterday topped at 109.65 but closed lower at 109.13. The bias is neutral in nearest term but as long as stay inside the bullish channel price is still in bullish correction phase...
USDCHF Daily Forecast: May 18 2016 USDCHF Forecast The USDCHF had a bullish momentum yesterday slipped above 0.9795 key resistance and hit 0.9813 earlier today. The bias is bullish in nearest term testing 0.9900 before testing 1.0000 region. Immediate support is seen around 0.9765...
USDCHF: Having the pair strengthened further on Tuesday, further move higher is expected in the days ahead. On the downside, support lies at the 0.9750 level. A turn below here will open the door for more weakness towards the 0.9700 level and then the 0.9650 level...
EUR/USD: No change. Our bearish view was encouraged by the close below support in the 1.1360 area. Our next targets are towards the 1.1215 range lows and then lower towards 1.1125. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 USD/JPY: No change...
Weekly Focus: FOMC Minutes & Housing FOMC Minutes Serve as Another Attempt to Boost Optimism for June Rate Hike April’s FOMC meeting minutes (Wednesday) may be lagged but they have the potential to shift expectations on another rate increase in the near future...
AUD/USD: the Recovery Continues, Now Through 100 DMA AUD/USD has dropped from 0.7834 highs this year and has resumed the downside to score lows of 0.7244, penetrating the 200 dma at 0.7258. AUD/USD has since recovered in a bounce from the lows and below the 200 dma to score a high of 0...
XAU/USD: the Price is Going to the Lower Limit of the Ascending Channel - Technical Analysis of 17.05.2016 Review and dynamics Since the beginning of this year the price of gold has grown by 24% from the level of 1048...
In this trade a long was taken at the strong VSA signal, though there was distribution behind. This is seen by the multiple Major Supply signals, with the prices not advancing further...
XAU/USD: The Price of Gold is Going Down Today - Fundamental analysis of 17.05.2016. World stock indices are growing and investors’ risk appetite is growing as well. By the end of the session on Monday, Japanese stock index Nikkei Stock Average closed with the rise of 0...
Silver Set for Sharp Move, but Which Direction On the back of today’s US macro data, which have all been stronger than expected, you would expect the dollar to rally. After all, the Consumer Price Index (CPI) rose by 0.4% in April, housing starts jumped 6...
EUR/USD Technical Analysis: Euro Aims to Test 1.1200 Talking Points: EUR/USD Technical Strategy: Short at 1.1317 Euro vulnerable to deeper losses after largest 2-day drop in a month Short position entered, aiming for descent to challenge the 1.12 figure...
GBP/USD: UK Employment Game Plan- Constructive Above 1.44 Talking Points GBPUSD 1.44-1.4530 key range in focus ahead of UK Jobs Report Updated targets & invalidation levels Check out FXCM’s Forex Trading Contest...
Bitcoin: Remains above $450 In short: short speculative positions, target at $153, stop-loss at $515. Banks are looking into the possibility to come up with their own versions of Blockchain. At the same time, none of these emerging solutions are as tested in real life as Bitcoin itself...
EUR/USD Still Below 20 DMA, awaits Next Catalysts EUR/USD remains better bid, despite the US CPI data that builds a case for a June hike from the Fed. EUR/USD recovered to 1.1348 highs earlier on the US opening spike from 1.1311, but has since drifted sideways after a little profit taking...
