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New Zealand dollar forecasts for the near-term warn of a potential decline but we look at why the currency has been so strong of late and what this means for the remainder of 2016...
Time Country Vol. Event Period...
Pivot Points-Hourly Last Updated: Feb 15, 1:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11665 1.11835 1.11945 1.12005 1.12115 1.12175 1.12345 USD/JPY 113.361 113.613 113.764 113.865 114.016 114.117 114.369 GBP/USD 1.44023 1.44403 1.44562 1.44783 1.44942 1.45163 1.45543 USD/CHF 0.97929 0...
Pivot Points-Daily Last Updated: Feb 15, 12:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11912 1.12132 1.12225 1.12352 1.12445 1.12572 1.12792 USD/JPY 112.748 113.037 113.204 113.326 113.493 113.615 113.904 GBP/USD 1.43635 1.44275 1.44624 1.44915 1.45264 1.45555 1.46195 USD/CHF 0.97363 0...
While markets have priced that March hike out, our conclusion after the late January FOMC meeting was that the March meeting is still “live”...
Pivot Points-Weekly Last Updated: Feb 15, 12:00 pm +03:00 Symbol S3 S2...
Corrective activity abounds With US markets closed for President’s day today, it’s likely to prove a slower start to the week, but as we know, it’s not just about the US anymore, with much of the recent volatility being triggered by events beyond US shores...
YELLEN TESTIMONIES MAKE MARCH RATE HIKE UNLIKELY AS OPEC COMMENT STOPS OIL DECLINE The week from February 5 to 12 was defined by a flight to safe havens. The biggest winners versus the USD were the JPY and the CHF as investors looked to less risky assets...
15 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 14:00 ECB President Draghi Speech EUR High - - Dovish 21:45 Retail Sales q/q NZD High 1.6% 1.4% Positive 21:45 Core Retail Sales q/q NZD High 1.0% 1...
There is no trade call for the session or tier one data on the calendar for the London session. The main event for the day will come in NY with ECB’s Draghi who is due to testify on monetary policy before the European Parliament’s Economic and Monetary Affairs Committee, in Brussels...
Swiss Franc: FX Forecasts: We maintain our forecast for EUR/CHF of 1.09, 1.09 and 1.10 in 3, 6 and 12 months, which we adopted on December 7. This implies USD/CHF at 1.05, 1.09 and 1.16...
Japan released the GDP data for the fourth quarter of the last year (-0.4%), and later China published the data on trade balance. Stock markets trade mixed, the yen and the euro are declining versus the U.S. dollar. Find out more by checking out the Source Link...
EUR/USD: Bullish: Take partial profit at 1.1400. As pointed out last Friday, the current rally is showing signs of slowing and a short-term top appears to be imminent. However, confirmation is only upon a break below the stoploss at 1.1180...
The recent bout of global risk aversion stemming from a weakening global macro outlook has raised cross-asset volatility, leaving investors searching for havens...
Dear Traders, This week (February 14 - February 20) we have 7 high impact news release schedule, which may tradable. Monday, February 15 ...
USDCHF Daily Forecast: February 15 15 Februari 2016 2:05 AM USDCHF Forecast The USDCHF continued its bearish momentum last week bottomed at 0.9660 but closed higher at 0.9771. The bias is bullish in nearest term testing 0.9820/50 which is a good place to sell with a tight stop loss targeting 0...
USDJPY Daily Forecast: February 15 15 Februari 2016 2:16 AM USDJPY Forecast The USDJPY continued its bearish momentum last week bottomed at 110.96 but closed higher at 113.24. As you can see on my H4 chart below, price corrected higher above 113.15 resistance challenging 114...
GBPUSD Daily Forecast: February 15 15 Februari 2016 2:19 AM GBPUSD Forecast The GBPUSD was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term but as long as stays above 1.4350 I still prefer a bullish intraday scenario at this phase targeting 1.4700 region...
EURUSD Daily Forecast: February 15 15 Februari 2016 2:27 AM EURUSD Forecast The EURUSD attempted to push higher last week, topped at 1.1376 but closed lower at 1.1248...