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EURUSD Daily Forecast: March 09 2016 EURUSD Forecast The EURUSD attempted to push higher yesterday topped at 1.1057 but closed lower at 1.1009 and hit 1.0991. The bias is bearish in nearest term testing 1.0900 area. Immediate resistance is seen around 1.1025...

Gold Surrenders $ 1260 as USD Strengthens, Ignores Risk-Off Gold futures on Comex came under fresh selling pressure over the last hour, dropping sharply to hit fresh three-day low below $ 1260 barrier. Gold faces stiff resistance near 5-DMA Currently, gold drops -0.47% to 1257...

AUD/USD Turning Bearish Towards Hourly 100 SMA AUD/USD is drifting sideways and consolidating on what has been a lackluster session so far in the absence of catalysts...

NZD/USD Under Pressure Below 0.6750 Amid Risk-Aversion The NZD/USD pair stalled its overnight slide in Asia, although remains vulnerable as the extended sell-off in the Asian equities combined with subdued oil prices weigh negatively on the Kiwi. NZD/USD capped by 0...

EUR/GBP Challenges Highs Near 0.7740 EUR/GBP is picking up further pace following the closing bell in Asia on Tuesday, eyeing the upper bound of the range near 0.7740. EUR/GBP focus on EMU releases, risk The European cross keeps navigating within a narrow range in the low-0...

Daily Analysis of USDX for March 08, 2016 The USDX is trying to break the bottom formed around the zone of 97.13 and we can expect another decline towards the support level of 96.61...

Technical Analysis of USD/JPY for March 08, 2016 In Asia, Japan will release the Economy Watchers Sentiment, Consumer Confidence, 30-y Bond Auction, Final GDP Price Index y/y, Bank Lending y/y, Final GDP q/q, and Final GDP q/q...

Technical Analysis of EUR/USD for March 08, 2016 When the European market opens, some economic news on the Revised GDP q/q, French Trade Balance, French Gov Budget Balance, and German Industrial Production m/m is due to be released...

Commodity Currencies Slide Amid Rising Risk Aversion Commodity currencies such as the Australian, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Tuesday amid rising risk aversion, with some of the markets erasing early gains following th...

UK Permanent Job Placement Growth At 3-Month High Permanent job placements in the U.K. grew at the fastest pace in three months in February, the Report on Jobs compiled by the Recruitment and Employment Confederation and Markit Economics showed Tuesday...

FXWIREPRO: EUR/JPY Holds Above Channel Base Support at 124.25, Weakness Only on Breaks Below EUR/JPY upside capped at 125 levels which is strong resistance for the pair. Downside for now is holding above channel base support at 124.25, breaks below could accentuate weakness, tests of 122...

Japan Eco Watchers Index Falls Unexpectedly To 15-Month Low A measure of peoples' assessment of the Japanese economy decreased unexpectedly in February to the weakest level in fifteen months, survey figures from the Cabinet Office showed Tuesday...

Franc Rises Ahead Of Swiss Unemployment Data The State Secretariat for Economic Affairs releases Swiss unemployment data for February in the pre-European session on Tuesday at 1:45 am ET. The jobless rate is forecast to remain unchanged at 3.8 percent in February...

Euro Mixed Ahead Of German Industrial Output Data Destatis is slated to release Germany's industrial output data for January in the pre-European session on Tuesday at 2:00 am ET. Output is forecast to rise 0.5 percent on a monthly basis, reversing a 1.2 percent fall in December...

Technical Analysis of EUR/JPY for March 8, 2016 General overview for 08/03/2016: The market is still trading inside of the neutral zone and there is still a chance for a possible leading diagonal structure to develop. This scenario is valid as long as the level of 123.09 is not violated...

Technical Analysis of USD/CAD for March 8, 2016 General overview for 08/03/2016: Another local low was reached as the wave (c) develops further. Nevertheless, a bullish divergence, which is being formed between the momentum oscillator and the price, indicates a possible trend reversal...

Swiss Jobless Rate Drops In February 2016 Switzerland's unemployment rate decreased marginally in February, in line with expectations, the State Secretariat for Economic Affairs (SECO) said Tuesday. The unadjusted jobless rate dropped to 3.7 percent in February from a near six-year high of 3...

Gold: Bulls Unstoppable, $ 1280 Back on Sight Gold futures on Comex prolong their upwards trajectory into fifth-day today on no Fed rate-hike chatter next week and on robust fund inflows. Gold bounces-off a dip near hourly 50-SMA Currently, gold rises 0.76% to 1273...

GoldTtechnical Analysis for March 8, 2016 Gold remains supported inside the bullish channel boundaries and this implies that at least one more new higher high should be hit. The target area remains around $1,300-$1,320, but this does not mean that we could see a top at lower levels...