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USD/CHF extends its recovery mode from post-ECB slump and now heads higher in a bid to regain 1.00 handle on improved risk-sentiment backed by positive equities. USD/CHF hovering around hourly 20-SMA Currently, the USD/CHF pair trades 0.18% higher at 0...
Asian markets kicked-off the week on a stronger note, tracking Friday’s Wall Street rally after upbeat US NFP data buoyed market sentiment. The US NFP report showed that 211k new jobs were created last month, beating expectations of a 200k print...
Analysts at BBH noted that OPEC(Organization of the Petroleum Exporting Countries) did nothing, and by doing nothing, the current strategy of trying to force out high-cost producers continues. Key Quotes: "If anything, OPEC seemed to legitimize the current output above the previous quota...
Gold Technical Levels: The metal has an immediate resistance at 1088.80 (Dec 4 High) and 1092.40 (Nov 16 High). Meanwhile, the major support stands at 1080 (round number), below which doors could open for 1076.05 (1h 20-SMA...
The yellow metal clings to Friday’s gains at the beginning of the week, although retraced slightly from fresh two-week highs reached at 1088.80 on last Friday. Gold: Upside capped ahead of $ 1086 Currently, gold trades modestly flat at 1084.30, retreating from session highs scored at 1086.10...
Additional headlines from BOJ board member Mr. T...
NZD/USD Levels to consider To the upside, the next resistance is located at 0.6732/35 (daily pivot/ 1h 10-SMA), above which it could extend gains to 0.6784 (200-DMA) levels. To the downside immediate support might be located at 0.6683 (1h 50-SMA) below that 0.6648 (50-DMA...
NZD/USD is seen posting size-able losses as we progress towards the mid-Asian trades, and is likely to emerge the worst performer this session. NZD/USD trades below daily pivot Currently, the NZD/USD pair trades -0.52% lower at fresh session lows at 0.6709, failing to resist 200-DMA at 0.6784...
Bank of Japan (BOJ) board member Mr. Takehiro Sato is now crossing the wires; casting doubts over the central bank’s 2% price target expected to be achieved by second half 2016...
The pair remains capped below 1.09 handle, with the immediate support seen at 1.0842/ 1.0838 (Nov 4 Low/ 5-DMA). Selling pressure will intensify below the last, dragging the pair towards 1.0817 (1h 50-SMA). To the top side, the next hurdle in sight is located at 1...
Currently, the EUR/USD pair trades -0.10% lower at 1.0869, testing fresh session lows struck at 1.0865 last minutes. The main currency pair’s correction from near post-ECB highs halted at 5-DMA at 1...
GOLD: With the commodity rejecting lower level prices to close strongly higher the past week, GOLD bulls aim at higher prices.However, beware of a corrective pullback at ahead of its resistance at the 1098.09 level. Above here if seen target the 1110.00 level where a break will aim at the 1120...
USD/JPY is currently trading at 123.21 with a high of 123.24 and a low of 123.14. The major unit is supported in the opening hour of Tokyo in an exceptionally quiet start to what looks to be a non eventful week ahead...
07.12.2015 00:00Foreign Trade (October) Currency: RUB, Importance: Low...
After breaching below the flag formation, EUR/USD has retested March lows of 1.05/1.04 which more importantly correspond with the multi decadal channel lower limit, notes SocGen. "Currently a sharp rebound is being witnessed however signs of reversal still lack...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited (https://www.tallinex.com) EURUSD Dominant bias: Bullish Thursday saw an explosive bullish breakout - pushing price upwards by 450 pips to test the resistance line at 1...
EURUSD: With a strong rally occurring the past week, EURUSD eyes price extension on bullish offensive. However, it may pullback after such a strong move. On the upside, resistance is comes at 1.0900 level with a cut through here opening the door for more upside towards the 1.0950 level...
The Currency Score Difference analysis is the more extensive explanation on the Currency score analysis which was published earlier this weekend. Besides these analyses and the corresponding charts I also provide the Forex ranking and rating list...
Facebook, Amazon, Netflix and Google — collectively named F.A.N.G. — have had an impressive ascent since 2012, and a modest run this year, even when accounting for the August selloff, says Dana Lyons, partner at J. Lyons Fund Management...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
