EUR/USD Eyes 1.15 As Dollar Plummets The selling pressure is not giving up on the greenback, now helping EUR/USD to clinch fresh 2016 tops near 1.15 the figure. EUR/USD attention to Draghi, US data The pair is extending last week’s firm tone and trading closer to the critical barrier around the 1...
USD/JPY Rejected Once Again Near 106.70, Revisits 106.30 USD/JPY’s recovery from multi-month lows once again met supply near 106.70 region, knocking-off the major sharply lower towards session lows. USD/JPY heading towards 18-month lows...
GBP/USD Further Gains Seen Above 1.4664 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, argued the pair needs to close above 1.4664 in order to allow further upside. Key Quotes “GBP/USD is pushing hard into the 1.4664 February high which is tough overhead resistance...
GBP/USD Fades a Spike to 1.4640, US PMI in Focus The GBP/USD pair is seen wavering back and forth in 40-pips narrow range, with no fresh fundamental triggers as the UK markets remain closed on account of a public holiday. GBP/USD eyes UK PMIs this week The GBP/USD pair trades +0.09% higher at 1...
Chart:http://bi0l.blogspot.com/2016/05/xauusd-intraday-forecast-technical-side.html Calculated level for today: Support (S1 / S2 / S3 = 1272,65 / 1265,19 / 1253,12), resistance (R1 / R2 / R3 = 1296,79 / 1304,25 / 1316,32). Key support levels (1st from 1255.98 to 1282...
If we have a look at the Weekly chart, we will clearly note an impulsive wave up which started in 2012 and topped in 2015. What followed right after the top was established is a pullback which erased more than 50% of the rally...
Chart: http://bi0l.blogspot.com/2016/05/brent-intraday-forecast-technical-side.html Calculated level for today: Support (S1 / S2 / S3 = 46,88 / 46,52 / 45,94), resistance (R1 / R2 / R3 = 48,03 / 48,39 / 48,96). Key level (1st from 45.85 to 46.83 at the end of the day, the 2nd of 46.77 to 47.53...
FxWirePro: Load Up Weights in Longs of NZD/JPY Put Ladder As IVs Accelerate in Swift Pace On data front, we have the NZ Q1 labour data on Wednesday. The previous quarter’s unusually large drop in unemployment (6.0% to 5.3%) is at risk of partially correcting...
FxWirePro: NZD/JPY Option Sensitivity Tool in Sync With Technicals - Wise to Choose OTM Strikes in Speculating NZDJPY OTC observations: From the sensitivity table, it is empathized that the rising vols of OTM strikes are increasing up with progressive numbers, While, higher probability numbers of...
EUR/CHF Risks Grinding Lower – Rabobank Jane Foley, Senior FX Strategist at Rabobank, believes the cross could slip toward lower levels in the next periods. Key Quotes “15 months after being forced to walk away from its EUR/CHF 1...
FxWirePro: BTC/USD Faces Resistance at $457, Good to Buy at Dips Major resistance -$457 (61.8% retracement of $469.87 and $435) BTC/USD has retreated after making a low of $456.60.It is currently trading around $446.99...
AUD/JPY Holds April Lows Support Ahead of RBA on Tuesday Ahead of the key RBA monetary policy decision on Tuesday, the AUD/JPY pair continues to find some buying interest at lower levels, assisting the pair to hold its neck above 81.00 round figure mark...
USD/CHF Recovery from 2-Week Lows Capped by 0.9600 The USD/CHF pair stalled its recovery from 2-week lows just ahead of 0.96 handle and fell sharply, before finding support near daily lows and now consolidates the recent downslide...
EUR/GBP Around 0.7850 on PMIs, Draghi Eyed EUR/GBP is recording moderate gains at the beginning of the week, retaking the mid-0.7800s after bottoming out near 0.7730 last week...
FxWirePro: GBP/USD Takes Support Near 1.4600 Handle, Good to Buy at Dips Major resistance – 1.4670 (Feb 4th high 2016) Major support – 1.4450 (resistance turned into support) Cable has reached Feb 4th high and slightly declined from that level. It is currently trading at 1.46057...
#USDJPY has closed the previous week with really epic losses due to the #BoJ, which refrained from new stimulus measures. #Quotes have reached 18-month lows, incidentally breaking a number of support levels. Just published at http://bit...
#Gold has closed the last week at the 15-month high due to a lower risk appetite. The precious metal has passed the resistance line in the form of the upper limit of the current rising price channel. Find out more by checking out the Source Link...
EUR/USD Hits Fresh 2016 Highs on PMIs, Nears 1.1500 Having bottomed just below 1.1450 levels, the EUR/USD pair picked-up significant strength post-European open and now clinches fresh session highs after the release of upbeat manufacturing PMI readings from the Euro zone. EUR/USD bounces-off 1...
AUD: RBA Likely to Ease? – Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the expectations regarding the chances of another RBA rate hike spiked higher on the back of the much softer than expected Q1 CPI report...
