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EUR/USD Tumbles to Lows Near 1.1270 The selling pressure around the euro is not giving up, now relegating EUR/USD to trade in session lows near 1.1270. EUR/USD weaker after ECB Spot is now off more than a cent since earlier ECB-induced peaks near 1...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 17:33
AUD/USD Reverses From 10-Month Highs A strong recovery of the US dollar across the board pushed AUD/USD sharply to the downside amid a decline in crude oil, gold, and equities. AUD/USD to 2-day low The pair climbed during Mario Draghi’s press conference to 0...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 17:31
USD/CAD Keeps Highs Near 1.2700 The greenback remains on a firm footing vs. its Canadian counterpart on Thursday, now sending USD/CAD to the boundaries of 1.2700 the figure, session peaks...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 17:29
EUR/USD Up & Down it Goes, Back Below 1.13 The dollar is alive! EUR/USD has fully reversed the initial bullish attempt to the 1.1400 handle and is now posting losses in the 1.1280 area. EUR/USD turns negative in sub-1...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 17:27
GBP/USD Retreats from Highs, Back Below 1.4400 After advancing to fresh multi-week tops near 1.4440, GBP/USD lost impetus and is now retreating to the 1.43860 area...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 17:25
FxWirePro: EUR/USD Runs Out of Steam But Maintains Bullish Outlook The EUR/USD rose towards 1.1400 levels on Thursday after European Central Bank held interest rate unchanged at record lows followed by ECB press conference...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 17:20
Pre-Requisite Reading: CL: Crude Oil Futures March Forecast...
Analytics & Forecasts
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AynGannRand, 21 April 2016, 16:27 #technical analysis
The shared currency recovers losses and returns to the positive territory versus the American dollar in the mid-Asian trades, with EUR/USD now striving hard extend gains above 1.1300. EUR/USD eyes on 5-DMA at 1.1314 Currently, EUR/USD trades modestly flat at 1...
Analytics & Forecasts
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Francis Dogbe, 21 April 2016, 16:21
Oil prices are higher again, and so too are iron ore prices...With BHP warning of a near-term, correction (downwards) and with output of iron ore soaring, the rally should be treated with a bit of caution, but it’s going to go on supporting the Australian dollar for now...
Analytics & Forecasts
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Vasilii Apostolidi, 21 April 2016, 16:08
EUR/GBP Turns Positive on ECB Comments Euro pairs cheered comments from ECB President Mario Draghi that broad financing conditions have improved with EUR/GBP pair recovering sharply from 3-week lows of 0.7854 to turn positive before trading nearly unchanged from Wednesday's close...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 15:05
EUR/USD Flirts with 1.14 on Draghi The single currency is advancing further vs. the greenback today, taking EUR/USD to the area of daily tops around 1.1400 the figure. EUR/USD cautious on Draghi The pair is trading in a choppy fashion as usual following Draghi’s press conference...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 15:03
China: Comfortable Keeping USD/CNY Relatively Stable – Deutsche Bank Research Team at Deutsche Bank, suggests that as China continues to liberalize its capital account, the authorities are comfortable keeping the USD/CNY relatively stable for the time being...
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Roberto Jacobs, 21 April 2016, 14:57 #China
EUR/JPY Bulls Aiming for 125.00 Mark After opening with a lower gap and subsequent dropping to the lowest level in over 3-years, the EUR/JPY pair has recovered smartly from Monday's low of 121.71 and post ECB announcement has moved within striking distance of touching 125.00 mark...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 14:54
USD/CAD Remains a ‘Sell on Strength’ – Scotiabank Strategists at Scotiabank have reiterated the suggestion of selling the upticks in USD/CAD in the short-term...
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Roberto Jacobs, 21 April 2016, 14:51
NZD/USD Neutral Near-Term – Westpac Strategist at Westpac Imre Speizer noted the neutral perspective for the Kiwi dollar for the week ahead. Key Quotes “NZD/USD remains in an upward trend which dates from mid-Jan, our upside target for the month ahead being 0.7175 (the Feb 2015 low)”...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 14:50 #nzdusd
GBP/USD Tests 1.4440, Daily Highs The Sterling has now picked up further upside momentum, lifting GBP/USD to fresh daily tops near 1.4440. GBP/USD stronger on US selling Spot has seen its upside renewed in response to a persistent sell-off in the US dollar, challenging the critical 94...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 14:48
GBP/USD Points Southwards – Scotiabank Eric Theoret, FX Strategist at Scotiabank, sees the Sterling keeping its neutral/bearish stance in the near-term. Key Quotes “GBPUSD remains range-bound between short-term resistance at 1.4420 and support at 1.4350”...
Analytics & Forecasts
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Roberto Jacobs, 21 April 2016, 14:40
AUD/USD Seen Grinding Lower in H2 – Westpac Sean Callow, Strategist at Westpac, believes the Aussie dollar could resume its downside in the second half of the year...
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Roberto Jacobs, 21 April 2016, 14:38
The most important message from the March ECB meeting has been the apparent shift away from trying to cheapen the EUR and towards policies to stimulate domestic demand by propping up the Eurozone's lending channel...
Analytics & Forecasts
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Vasilii Apostolidi, 21 April 2016, 14:35 #ECB
When #EURUSD has crossed the level of the fractal downward, we fixed the result of the long position. Herein we have entered the market to sale the pair. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...