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Online Money maker / Independet Trader

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Andrius Kulvinskas
Published post GBPUSD - Faces Further Recovery Risk
GBPUSD - With GBP Holding on to most of recovery gains, it faces the risk of further upside pressure. On the upside, resistance resides at the 1.5300 level with a break aiming at the 1.5350 level. A violation will aim at the 1.5400 level and possibly higher towards the 1.5450 level...
Andrius Kulvinskas
Published post Support & Resistance for NZD/USD
For today R4 - 0.7977 / R3 - 0.7947 / R2 - 0.7927 / R1 - 0.7890 SPOT 0.7832 S1 - 0.7780 / S2 - 0.7766 / S3 - 0.7695 / S4 - 0.7682 BUY AT .7785 FOR .7947; STOP AT .7695...
Andrius Kulvinskas
Published post USDCAD - Looks To Resume Broader Uptrend
USDCAD - USDCAD continues to build up on more upside pressure medium term though it was seen backing off higher prices on Tuesday. On the upside, resistance is seen at the 1.2000 level followed by the 1.2050 level. Further out, resistance comes in at the 1.2100 level where a turn lower may occur...
Andrius Kulvinskas
Published post EUR/CHF breaks parity again
In an unprecedented move, which throws SNB credibility out of the window, the Central Bank decided to announce an end to its 1.20 EUR/CHF protective floor, while cutting interest rates to -0.75...
Andrius Kulvinskas
Published post CHF Safe Haven Comeback: Why the SNB's Shocking Decision May Hurt the Buck
Unless you’ve been living under a rock, you’ve heard that the SNB made the shocking decision to drop its peg at 1...
Andrius Kulvinskas
Published post The tide has gone out for FX brokers after the EUR/CHF collapse
We’ve reached out to some brokers to help sooth client nerves amidst all the confusion. Shares of FX brokers are down big today and people are worried. We heard from the people at City Index, here are the comments from a spokesman...
Andrius Kulvinskas
Andrius Kulvinskas
Amazing RT @VICTORLEONARDIB: Escenario mercados #SNB ( Banco central suizo)
Andrius Kulvinskas
Published post USD/JPY extends losses after SNB surprise
USD/JPY broke below 116.60 and dropped to 116.28, reaching a fresh daily low. The pair remains with a bearish bias in the short term as stocks retreated in Europe after the SNB abandoned the EUR/CHF cap. On Asian hours greenback extended the recovery against the yen and reached 117...
Andrius Kulvinskas
Published post EUR/USD clings to 1.1700
EUR/USD seems recovered after the SNB caught everybody off guard in today’s meeting, now regaining the 1.1700 region after being down to 1.1570. EUR/USD calmer, keeps in red The offered tone remains intact around the euro today, with spot struggling to keep the trade in the vicinity of 1...
Andrius Kulvinskas
Published post USD/JPY inching higher, 118.00 on sight
The Japanese yen is giving away some of the recent gains vs. its American counterpart, allowing USD/JPY to return to the upper 117.00s. USD/JPY supported around 116.00 After bottoming out in the vicinity of 116...
Andrius Kulvinskas
Published post Market Movers: AUD boosted by robust employment numbers, INR strengthens
The Asian session today saw AUD and INR strengthening after robust employment figures in Australia and the surprise 25bps rate cut by the RBI respectively. AUD/USD is up 1.07% at 0.8228,, while USD/INR is down 0.6000 points at 61.5900 US indices registered another negative close with Dow (-1...
Andrius Kulvinskas
Published post USD/MXN drops for fresh 3-week low
The mexican peso rose to the highest price in almost a month again the US dollar and is among the best performers on Wednesday among Latin American currencies. The USD/MXN is falling 0.35% despite risk aversion. Stocks dropped in Europe and were falling in Wall Street. The Dow Jones was losing 1...
Andrius Kulvinskas
Published post USD/CAD climbs to 1.1970
It seems the greenback is now taking a breather, with USD/CAD looking to stabilize in the 1.1965/70 area. USD/CAD down from 1.2020 After reaching multi-year peaks around 1...
Andrius Kulvinskas
Published post EUR short-term risks towards 1.1640 – Scotiabank
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, favours shorting EUR/USD, and further expects the pair to test 1.1640 levels heading into the ECB meeting...
Andrius Kulvinskas
Published post EUR/USD back to 1.1800 post-data
The single currency recovers the 1.1800 handle on Wednesday, pushing EUR/USD from the 1.1740/30 band. EUR/USD stronger after US data The greenback is suffering the disappointment from December retail sales, which contracted 0.9% inter-month vs. -0...
Andrius Kulvinskas
Published post GBP/USD approaching the 18month low at 1.5033
According to Valeria Bednarik, Chief Analyst at FXStreet, weaker than expected UK inflation results has led GBP/USD to drop lower, with the pair now approaching the 18th month low at 1.5033. Key Quotes The GBP/USD pair pressures a 3-day low of 1...
Andrius Kulvinskas
Published post Support & Resistance for NZD/USD
For today R4 - 0.7947 / R3 - 0.7927 / R2 - 0.7872 / R1 - 0.7845 SPOT 0.7770 S1 - 0.7737 / S2 - 0.7714 / S3 - 0.7682 / S4 - 0.7619 SELL AT .7770 FOR .7619 OBJ, STOP .7845...
Andrius Kulvinskas
Published post Support & Resistance for EUR/USD
For today R4 - 1.1969 / R3 - 1.1951 / R2 - 1.1897 / R1 - 1.1871 SPOT 1.1841 S1 - 1.1787 / S2 - 1.1754 / S3 - 1.1703 / S4 - 1.1640 SHORT AT 1.1855 FOR 1.1640; STOP AT 1.1951...
Andrius Kulvinskas
Published post USDCAD: To Infinity, and Beyond!
Another day, another new multi-year low in oil: both WTI and Brent have started the trading week on the back foot, declining to new nearly 6-year lows at 46.50 and 48.25 respectively...