All Blogs
China Trade Unveiled - ANZ Analysts at ANZ noted that the trade balance for China and April was $45.6 billion, which was better than expectations. Key Quotes: "However, this was mainly due to weaker imports and the continued depreciation in the yuan. Local export returns rose 4...
Iron Ore, Copper Sold Agressively Iron Ore has seen its sharpest fall in months today, currently -4.8% to 391, while copper is following suit, declining in a very strong fashion towards 2.12...
AUD/NZD: Consolidated after Strong Daily Supply AUD/NZD is in recovery mode after the losses from the mid point of the 1.08 handle. AUD/NZD is, however, stalling at the recent support of that slide last week and is in consolidation in quiet start of the week and postnonfarm payrolls trade...
EURUSD Daily Forecast: May 09 2016 EURUSD Forecast The EURUSD attempted to push higher last week topped at 1.1616 but whipsawed to the downside and closed lower at 1.1401...
GBPUSD Daily Forecast: May 09 2016 GBPUSD Forecast The GBPUSD attempted to push higher last week slipped above the daily EMA 200 as you can see on my daily chart below but whipsawed to the downside and closed lower at 1.4425...
Pivot Points Hourly Last Updated: May 9, 5:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.13527 1.13743 1.13879 1.13959 1.14095 1.14175 1.14391 USD/JPY 106.719 107.03 107.149 107.341 107.46 107.652 107.963 GBP/USD 1.43996 1.44104 1.44174 1.44212 1.44282 1.4432 1.44428 USD/CHF 0.96919 0.97065 0...
USDJPY Daily Forecast: May 09 2016 USDJPY Forecast The USDJPY was indecisive last week. Price attempted to push higher but still unable to make a clear break above 107.60 key intraday resistance so far. The bias is neutral in nearest term probably with a little bullish bias testing 107.60...
USDCHF Daily Forecast: May 09 2016 USDCHF Forecast The USDCHF attempted to push lower last week bottomed at 0.9443 but whipsawed to the upside and closed higher at 0.9727 after formed a long legged Doji as you can see on my daily chart below which end the bearish run...
Gold 'out of sync' with VIX, Takes Lead from USD/JPY One of the most striking features of the 2016 Gold rally is the decoupling with the VIX from a macro-level perspective, especially during mid-February...
EUR/JPY: Price Developed Below Key MA's - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the EUR/JPY pair fell on Friday down to 121.47, its lowest since April 2013, with the JPY enjoying some temporal demand after the release of the US Nonfarm Payroll report...
CFTC: Short Dollar Reduced - ANZ Analysts at ANZ explained the positioning data for the week ending 3 May 2016. Key Quotes: "Leveraged funds continued to stay short against the USD for the second consecutive week. However, the size of their overall short position was reduced by USD0.7bn to USD2...
Pivot Points Hourly Last Updated: May 9, 4:04 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.1361 1.13725 1.13774 1.1384 1.13889 1.13955 1.1407 USD/JPY 106.788 107.122 107.291 107.456 107.625 107.79 108.124 GBP/USD 1.43748 1.43949 1.4405 1.4415 1.44251 1.44351 1.44552 USD/CHF 0.97064 0.97179 0...
USD/JPY: Bid in Tokyo on Central Bank Divergences USD/JPY is on the up in the Tokyo open with Japan finally back for a full week's work this week. The price is bid at the highest level since the end of April's business at 107.64 the high so far...
Pivot Points Daily Last Updated: May 9, 3:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12379 1.13289 1.13633 1.14199 1.14543 1.15109 1.16019 USD/JPY 105.001 105.988 106.539 106.975 107.526 107.962 108.949 GBP/USD 1.42034 1.43314 1.4377 1.44594 1.4505 1.45874 1.47154 USD/CHF 0.95331 0.96156 0...
Pivot Points Weekly Last Updated: May 9, 3:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10049 1.12354 1.13166 1.14659 1.15471 1.16964 1.19269 USD/JPY 102.804 104.755 105.923 106.706 107.874 108.657 110.608 GBP/USD 1.38254 1.41802 1.43014 1.4535 1.46562 1.48898 1.52446 USD/CHF 0.90608 0...
Weekly Trading Forecast: Dollar Struggles with Recovery, Euro Faces Greece, Pound Awaits BoE A notable slip in risk trend and rebound from the Dollar this past week has spurred speculation of reversals...
USD/JPY Inter-Market: Watch Divergence US-Japan Yield Spread USD/JPY presents some significant divergence when analyzed against its 10-year US-JP yield spread, as a result of what has been an major withdraw of liquidity by market makers ever since BOJ's disappointing inaction on April 28th, paire...
EUR/USD Bulls Shortchanged on Dollar Strength It might be expected that we are headed for a 5th trading day of losses for the single currency, starting out wrong footed after last week's sell-off and in a continuation of the bearish theme...
Fed Hike Forecasts Set Back - Nomura In response to the weak employment report and a string of other unimpressive economic data, we changed our forecast for the timing of the next interest rate hike to September from June...
