The Australian dollar rallied more than 1 big figure against its Japanese counterpart this session, with AUD/JPY storming through 89 handle, after the Australian jobless rate unexpectedly ticked lower in Nov. AUD/JPY spikes on jobs data Currently, the AUD/JPY pair rises 1...
EUR GBP, “Euro vs Great Britain Pound” we can see at the H1 chart, the price may test the group of upper fibo-levels on Wednesday. It’s highly likely that during the day the pair may reach a new local high...
EUR GBP, “Euro vs Great Britain Pound” In case of Europound, the situation is quite similar. The closest target is the group of local fibo-levels at 0.7295. If the market breaks t, the pair continue moving upwards much higher...
EUR USD, “Euro vs US Dollar” we can see at the H1 chart, the current growth may continue towards the group of upper fibo-levels near the retracement of 50%. Earlier, the market rebounded from the correctional retracement of 38...
EUR USD, “Euro vs US Dollar” In case of Eurodollar, the correction continues. Later, the pair may resume growing with the closest target at the group of fibo-levels near the retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8...
AUD/USD is off on the bid after a very strong jobs numbers, almost fairy tale stuff, and just in time for the bulls as the pair was looking as though it was a tried position on the bid and an overdue correction was on the cards. However, the 0...
The overnight recovery in the USD/JPY pair lost steam near 20-WMA located at 121.72, and the prices retreated slightly following negative opening in the Japanese stocks. USD/JPY bounces-off strong support near 50-WMA Currently, the USD/JPY pair trades 0.15% higher at 121...
XAU USD, “Gold vs US Dollar” XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is above the lines...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); all lines are directed upwards. Ichimoku Cloud is closed (2); Chinkou Lagging Span is above the chart...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1), but the lines are getting closer to each other again below Kumo Cloud; Tenkan-Sen is directed upwards...
NZD/USD has stabilized on the bid in the aftermath of the RBNZ interest rate decision having caught out many of the shorts on a squeeze that took the bird up to the mid point of the 0.67 handle where spot now oscillates. The RBNZ cut interest rates by 0...
Most oil stocks are ranging in market condition falling to the bearish area, and this tendency will be continuing in 2016. Most technology stocks are ranging waiting for direction which is more likely to be bearish as well...
I would like to start this analysis from lower timeframe. AUDUSD was moving in up-trend and it was possible to draw an up-trendline with several touches supporting lows of each down move. On Friday (04.12.15) we had high activity on the top of the market (look at the volume and spread...
The US dollar faced another wave of selling at the beginning of the New York session sending GBP/USD to fresh weekly highs above 1.5100. GBP/USD has already taken back Monday and Tuesday losses and is trading in positive ground for the week, with a high posted at 1.5141 in recent dealings...
Gold prices took out USD 1080.48/Oz; 23.6% Fib retracement level Oct 15 high-Dec 3 low; on the back of a broad based USD weakness. Clocks a high of 1085.47 The metal clocked a high of USD 1085.47/Oz, before the momentum stalled around USD 1083/Oz levels...
The US Dollar Index, which gauges the greenback vs. its main competitors, is giving away further ground today, testing lows around 97.60. US Dollar challenges post-ECB low The index is testing post-ECB lows recorded last week in the 97...
The China reserves rose by $11.39 billion in October during short-time recovery it was decline in November because of the following: expectations of the US rate hike, and slowing economic growth. Forex reserves in China was falling by $87.22 billion to $3...
The Aussie managed to bounce from below 0.7200 and reversed early losses against the greenback, as even commodity currencies are taking advantage of a weaker US currency. AUD/USD rebounded from a daily low of 0.7170 and climbed back above 0.7200 to retest daily highs at the 0.7230/35 zone...
The USD is being offered across the board in the US session, taking the EUR/USD pair above its 50-DMA at 1.0956 levels. Eyes 1.10 The currency pair bounced off from the strong support at 1.0890 (38.2% of 1.1495-1...
The offered tone around the dollar remains unabated on Wednesday, now sending USD/JPY to break below the key support at 122.00 the figure. USD/JPY weaker as USD-selling picks up pace The greenback continues to lose ground vs...
