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FxWirePro: Nikkei Faces Strong Resistance at 18150, Good to Sell on Rallies Major resistance - 18150 (200 day MA) The index has retreated after making a high of 1770. It is currently trading around 17445.Short term trend is slightly bearish as long as resistance 18150 holds...
FxWirePro: Singapore Dollar Falls ahead of CPI Data, Intraday Bias Remains Bullish USD/SGD is currently trading around 1.3546 marks. It made intraday high at 1.3559 and low at 1.3538 levels. Intraday bias remains bullish till the time pair holds initial support at 1.3489 levels...
FxWirePro: Japanese Yen Recovers from 3-Week Low in Early Asia, FOMC and BoJ in Focus for the Week USD/JPY is currently trading around 111.35 marks. It made intraday high at 111.88 and low at 111.25 levels. Intraday bias remains bearish till the time pair holds key resistance at 111.88 marks...
EURUSD Daily Forecast: April 25 2016 EURUSD Forecast The EURUSD attempted to push higher last week topped at 1.1397 but whipsawed to the downside and closed lower at 1.1224. As you can see on my H4 chart below price slipped below the EMA 200 suggests a potential bearish view...
GBPUSD Daily Forecast: April 25 2016 GBPUSD Forecast The GBPUSD had a bullish momentum last week topped at 1.4451 and hit 1.4468 earlier today. The bias is bullish in nearest term but price is now in my “sell zone” as you can see on my H4 chart below with a tight stop loss above 1.4500...
USDJPY Daily Forecast: April 25 2016 USDJPY Forecast The USDJPY had a strong bullish momentum last week broke above 110.96 and closed at 111.77. The bias is bullish in nearest term testing 112.50 area. Immediate support is seen around 110.96/65 area...
USDCHF Daily Forecast: April 25 2016 USDCHF Forecast The USDCHF continued its bullish momentum last week topped at 0.9796. The bias remains bullish in nearest term testing 0.9900. Immediate support is seen around 0.9715...
USD/СAD: Wave analysis and forecast for 22.04 – 29.04 USD/СAD: The pair is likely to rise. Estimated pivot point is at the level of 1.2590. Our opinion: Buy the pair from correction above the level of 1.2590 with the target of 1.2990 – 1.32...
USD/JPY: Wave analysis and forecast for 22.04 – 29.04 USD/JPY: The pair is likely to grow. Estimated pivot point is at the level of 107.80. Our opinion: Buy the pair from correction above the level of 107.80 with the target of 114.00...
USD/CHF: Wave analysis and forecast for 22.04 – 29.04 USD/CHF: The pair is likely to grow within correction. Estimated pivot point is at the level of 0.9580. Our opinion: Buy the pair from correction above the level of 0.9580 with the target of 0.98 – 1.00...
GBP/USD: Wave analysis and forecast for 22.04 – 29.04 GBP/USD: The pair is likely to decline. Estimated pivot point is at the level of 1.4440. Our opinion: Sell the pair from correction below the level of 1.4440 with the target of 1.4070 – 1.3820...
EUR/USD: Wave analysis and forecast for 22.04 – 29.04 EUR/USD: The pair is undergoing correction. Estimated pivot point is at the level of 1.1397. Our opinion: in the short-term: sell the pair below the level of 1.1397 with the target of 1.1130...
The most recent monetary policy statement from the BoC included a mild reference to the recent strength in the Canadian dollar tied to both better growth readings and higher oil prices. The loonie’s rebound has lowered the Bank’s expected profile for the country’s non-energy exports...
Chart: http://bi0l.blogspot.com/2016/04/xauusd-weekly-analysis-2016-04-week3.html Flat last week...
(Gap - 52p) opening last week with a test of key support levels provided power further growth breakdown (middle of u H4 channel) to (down H4 broken), returning to pullback to the (middle of u H4 channel) and growth of breakdown weekly levels resistance (R1-w). Zformovanyy (up H1 channel...
Chart: http://bi0l.blogspot.com/2016/04/usdjpy-weekly-analysis-2016-04-week3...
Chart: http://bi0l.blogspot.com/2016/04/usdchf-weekly-analysis-2016-04-week3.html Over the past week testing levels (down D1 broken) was delayed and led to the depreciation of the key support levels...
Chart:http://bi0l.blogspot.com/2016/04/gbpusd-weekly-analysis-2016-04-week3...
USD: Staying Offered. Bearish. The cyclical rebound in China’s growth has supported global risk appetite, and investors’ hunt for yield has brought global risk premia down. In this environment, low US real yield is unattractive and the USD should continue to come under selling pressure...
