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EURUSD Daily Forecast: May 27 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday topped at 1.1216 and now struggling around the daily EMA 200 as you can see on my daily chart below...
ECB Could Take a Further Step This Year - Commerzbank Dr Jörg Krämer, Chief Economist at Commerzbank, suggests that as core inflation should tend to disappoint the ECB and the euro looks set to continue appreciating, we expect the central bank to ease its monetary policy again later this year...
GBPUSD Daily Forecast: May 27 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday. Price attempted to push higher, slipped above 1.4700 and the daily EMA 200 as you can see on my daily chart below but unable to make a clear breakout so far and hit 1.4656 earlier today...
USDJPY Daily Forecast: May 27 2016 USDJPY Forecast The USDJPY was indecisive yesterday. The bias is neutral in nearest term and we need a clear break from the range area as you can see on my H1 chart below to see clearer direction. Buy around 109.10 or sell around 110...
Chart: https://bi0l.blogspot.com/2016/05/usdjpy-intraday-forecast-technical-side_26.html Calculated daily level: Support (S1 / S2 / S3 = 109,482 / 290 / 108.980), resistance (R1 / R2 / R3 = 110,103 / 110,295 / 606). Key level (1st from 109.770 to 109.839 at the end of the day, the 2nd of 110...
USDCHF Daily Forecast: May 27 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains neutral in nearest term probably with a little bearish bias. Overall price is still in a bullish phase after a breakout above 0.9795 targeting 1...
ASX200 Breaks Major Resistance 5400, Targets 5485/5530 Major resistance - 5400 Major intraday Support - 5350 ASX200 has broken major resistance 5400 and jumped till 5431. It is currently trading at 5417. Short term trend is slightly bullish as long as support 5350 holds...
Nikkei225 Faces Strong Resistance 17000, Break Above Targets 17685 Major resistance - 16985 (100 day EMA) Major support - 16410 (100 day 4H MA) Nikkei index faces strong resistance at 17000 and is struggling to break above that level. It is currently trading around 16839...
FxWirePro: USD/KRW Hovers Around Key Support at 1177, a Break Below Targets 1153 USD/KRW is currently trading around 1178 levels. It made intraday high at 1190 and low at 11870 levels. Intraday bias remains neutral for the moment...
Chart: https://bi0l.blogspot.com/2016/05/gbpusd-intraday-forecast-technical-side_26.html Calculated level for today: Support (S1 / S2 / S3 = 1,46441 / 1.46206 / 1.45826), resistance (R1 / R2 / R3 = 1,47201 / 436/816). Key level (1st from 1.45844 to 1.46690 in the late afternoon, 2nd from 1...
Gold Slumps to Fresh 8-Week Lows Below 100-DMA, US GDP, Yellen Eyed The bears appear relentless in the Asian trades, slamming the bullion further into the negative territory as Fed officials continue to talk up chances of an early Fed rate hike, suggesting a June lift-off...
Chart:https://bi0l.blogspot.com/2016/05/usdchf-intraday-forecast-technical-side.html Estimated level: Support (S1 / S2 / S3 = 0,98750 / 0,98619 / 0,98407), resistance (R1 / R2 / R3 = 0,99175 / 306/519). Key resistance levels (1st from 0.99104 to 0.98985 in the late afternoon, 2nd from 0...
The Trend Trader for Forex The Trend Trader helps to identify the current trend status of your favorite ETF markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend...
Japan Abe Set to Delay Sales Tax Hike, Meet with Aso to Discuss - Govt Sources Reuters reporting headlines quoting government sources, Japan’s PM Abe is likely to announce a delay in the sales tax hike and will hold a meeting with finance minister Aso in coming days to discuss the same...
NZD/USD Regains 100-DMA Amid Positive Equities A better risk environment persisting in the Asian session so far provides fresh impetus to the NZD/USD pair and takes the rate back above 100-DMA barrier located at 0.6742. NZD/USD eyes 100-DMA at 0.6739 Currently, the NZD/USD pair trades +0...
APAC Currency Corner – Oil Boosts Markets. Spotlight on Yellen After two days of solid bull runs, global equity markets consolidated on Thursday. This retrenchment was not too surprising as traders pare down risk ahead of long weekends in both US and the UK...
Chart:https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_26.html Calculated levels today: (S1 / S2 / S3 = 1,11599 / 1,11440 / 1,11183), resistance (R1 / R2 / R3 = 1.12114 / 1.12274 / 1.12531). Key support levels (1st from 1.11789 to 1.11845 in the late afternoon, 2nd from 1...
FxWirePro: Japanese Yen Gains in Early Asia on Robust Core CPI Data USD/JPY is currently trading around 109.76 marks. It made intraday high at 109.79 and low at 109.55 levels. Today Japan released core CPI data with positive numbers at -0.3% m/m vs -0.4% m/m consensus forecast...
USD/JPY Catches Fresh Bids, Jumps to Test 110 Handle The USD/JPY pair finally broke its overnight consolidation phase between 109.50-85 levels to the upside over the last hour, in a bid to reclaim 110 handle, before meeting fresh supply at the last...
