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Stay Short GBP and CHF – Westpac 02 Maret 2016 7:09 AM Research Team at Westpac, suggests that according to their model, macro and technical signals remain uniformly negative on GBP and CHF for a second consecutive week. Key Quotes “We are short GBP/USD from 1.4108 and long USD/CHF from 0.9945...
EUR/CHF Off Highs Post-GDP, Near 1.0840 02 Maret 2016 7:04 AM The Swiss franc has recovered some pips after the release of the GDP figures in Switzerland, taking EUR/CHF to the area of 1.0840. EUR/CHF supported near 1...
Swiss Franc Slides Against Majors 02 Maret 2016 1:17 PM The Swiss franc weakened against the other major currencies in the late Asian session on Wednesday. The Swiss franc fell to 113.97 against the yen and 0.9993 against the U.S. dollar, from an early near 2-week high of 114...
EUR/USD Drops Further to Test 1.0850 in Early Europe 02 Maret 2016 5:57 AM The EUR/USD extends its bearish tone into early Europe, with the prices miring near session lows as the positive sentiment around the stocks and greenback continues to weigh. EUR/USD: A test of Tuesday’s low at 1...
NZ Dollar Advances Against Most Majors 02 Maret 2016 10:47 AM The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday. The NZ dollar rose to 5-day highs of 0.6661 against the U.S. dollar and 75.92 against the yen, from yesterday's closing quotes of 0...
EUR/USD Recovery Falters Once Again Near 1.0880 02 Maret 2016 3:56 AM The EUR/USD’s recovery from four-week lows met fresh supply ahead of 1.0880 levels, sending the prices lower to hit fresh session lows. EUR/USD heading towards Tuesday’s low at 1...
Gold Dives Deeper in Asia as Stocks Rally, US Jobs Eyed 02 Maret 2016 3:18 AM Gold futures on Comex extend losses for the second day in a row as the positive sentiment around the equities and upbeat US manufacturing data weigh on the safe-haven. Gold eyes US jobs data Currently, gold trades -0...
NZD/USD Reverses a Spike to Hourly 200-SMA 02 Maret 2016 2:59 AM The NZD/USD pair defends gains heading into mid-Asia, having faded a knee-jerk spike to 0.6660 in response to surprisingly stronger Aus GDP print. NZD/USD finds support near 0.6625 Currently, the NZD/USD pair rises 0.05% to 0...
Asian Stocks through the Roof, Nikkei Soars 4% 02 Maret 2016 2:27 AM The stocks on the Asian bourses are seen through the roof this Wednesday, and look to test Feb highs on the back of renewed optimism spurred by upbeat US manufacturing data and the oil price rally...
Australian Dollar Rises Against Majors 02 Maret 2016 9:34 AM The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday. The Australian dollar rose to a 1-month high of 1.0901 against the NZ dollar, from yesterday's closing value of 1.0814...
Australia GDP Expands 0.6% On Quarter In Q4 02 Maret 2016 8:33 AM Australia's gross domestic product advanced a seasonally adjusted 0.6 percent on quarter in the fourth quarter of 2015, the Australian Bureau of Statistics said on Wednesday. That beat forecasts for an increase of 0...
USD/JPY Struggles with 114 Amid Risk-on Rally in Equities 02 Maret 2016 1:59 AM The bulls took a breather after Tuesday’s more than 200 pips rally and now consolidate the upside, as the focus now turns towards the US jobs report due later today...
• EUR/CHF's selling pressures continues. Hourly support can be found at 1.0810 (29/02/2016 low) is on target. Hourly resistance lies at 1.0946 (25/02/2016 high). The technical structure suggests further weakening. • In the longer term, the technical structure remains positive...
Historically, Super Tuesday has brought additional emotion into the market, so from the perspective of a strategist that believes emotions should never play a role in this business, the influence of Super Tuesday is largely negative, but that doesn't imply that it lacks opportunity...
•USD/JPY has dropped hard in the past few minutes: •No relevant news hitting the wires, apart from news of stop losses under 112.60 •EUR/JPY hitting 3 years lows...
When the United Kingdom joined the then-European Economic Community in 1973, it was at the rearguard of European integration. The question raised by the UK’s upcoming referendum on continued European Union membership is whether Britain is now at the forefront of Europe’s disintegration...
EURUSD Daily Forecast: March 02 2016 02 Maret 2016 1:58 AM EURUSD Forecast The EURUSD was indecisive yesterday, formed a Doji on daily chart, but hit another fresh low at 1.0834 since formed the shooting star formation as you can see on my daily chart below...
GBPUSD Daily Forecast: March 02 2016 02 Maret 2016 1:49 AM GBPUSD Forecast The GBPUSD was indecisive yesterday. The bias remains neutral in nearest term but as long as stays below 1.4080 I still prefer a bearish scenario at this phase. Immediate resistance is seen around 1.4018 (yesterday’s high...
USDJPY Daily Forecast: March 02 2016 02 Maret 2016 1:47 AM USDJPY Forecast The USDJPY had a bullish momentum yesterday, topped at 114.18. Like I said yesterday, this fact keeps the double bottom bullish scenario remains strong. The bias is bullish in nearest term testing 114...
