FxWirePro: NZD/USD Struggles at Channel Top, Upside to Resume on Breaks Above Antipodeans were supported overnight by positive risk environment, while the USD remained under pressure generally as housing data disappointed. Data released yesterday showed US housing starts fell 8...
FxWirePro,Singapore Dollar Slips Off 9-Month High Against US Dollar, Good to Buy on Dips USD/SGD is currently trading around 1.3405 marks. It made intraday high at 1.3416 and low at 1.3359 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3423 levels...
FxWirePro: USD/INR Hovers Around Key Resistance at 66.32, Intraday Bias Remains Neutral USD/INR is currently trading at 66.3075 marks. It made intraday high at 66.3250 and low at 66.26 levels. Intraday bias remains neutral for the moment. A daily close below 66...
FxWirePro: AUD/USD Slips Below 0.78 Handle, Good to Go Short, Target 0.7690 AUD/USD down from 10-month highs hit on Tuesday's trade as sentiment soured across markets as oil turned back in the negative territory...
AUD/USD: Technically Bullish, Key Support 0.7720 - FXStreet Valera Bednarik, chief analyst at FXStreet explained that the technical outlook for AUS/USD is neutral-to-bullish in the 1 hour chart...
GBP/USD: Approaching Towards Short Term Channel Limit – SocGen Research Team at Societe Generale, suggests that the GBP/USD has breached a multiyear upward channel support (1.46) and looks headed towards graphical levels at 1.36/1.35 (lows of 1986, 2001, 2009...
Oil Price Recovery to Overlook Divided OPEC – Danske Bank Senior Analyst, Jens Nærvig Pedersen at Danske Bank, notes that the decline in the oil price following the failed attempt in Doha on Sunday to reach an agreement among major world oil producers on a production freeze proved to be short-liv...
EUR/USD is Undergoing Broad Consolidation - SocGen Research Team at Societe Generale, suggests that after testing key levels 1.06/1.05 last year, EUR/USD is undergoing broad consolidation. Key Quotes “After forming spinning top at important hurdle of 1.1460, EUR/USD is undergoing a retracement...
USD/JPY: Indicators Turning Lower, Bearish Risk - FXStreet Valeria Bednarik, chief analyst at FXStreet noted the technicals surrounding USD/JPY...
Asian Markets Open Mix, Gold Remains Supported Above $1250 All the major Asian indices are trading on a mix note on Wednesday. On the other side, Gold remains supported above $1250 marks and trading around $1254...
ASX200 Trades Well Above 5200, Targets 5280/5330 Major resistance - 5215 (55 W EMA) ASX200 has broken major resistance 5215 and jumped till 5241 at the time of writing. It is currently trading at 5210. Short term trend is lightly bullish as long as support 5150 holds...
Nikkei 225 Faces Strong Resistance at 17300, Good to Buy at Dips Major resistance - 17000 The index has slightly declined after making a high of 17146 It is currently trading around 16336.Short term trend is slightly bullish as long as support 16500 (55 day 4H EMA) holds...
FxWirePro: South Korean Won Fails to Sustain Below Fresh 5-Month High, Intraday Bias Remains Neutral
FxWirePro: South Korean Won Fails to Sustain Below Fresh 5-Month High, Intraday Bias Remains Neutral USD/KRW is currently trading around 1132 levels. It made intraday high at 1132 and low at 1128 levels. Intraday bias remains neutral for the moment...
FxWirePro: AUD/NZD Remains Well Supported Above 1.1062, Intraday Bias Remains Bullish AUD/NZD is trading around 1.1097 marks. Pair made intraday high at 1.1117 and low at 1.1076 marks...
FxWirePro: Gold Remains supported Above $1250 in Asian Hours, Good to Buy on Dips XAU/USD is currently trading around $1254 mark. It made intraday high at $1257 and low at $1249 levels. Intraday bias remains bullish till the time pair holds immediate support at $1242 marks...
JPY: Dovish Shift in Composition of BOJ Board Continues – Nomura Yujiro Goto, Research Analyst at Nomura, notes that yesterday the Japanese government has nominated an executive of Shinsei Bank, Ms Masai, as a new BOJ board member from July...
AUD/USD Heavy, Fails to Resist Above 0.7800 as Oil Tumbles The AUD/USD pair extends its retreat from ten-month tops in the mid-Asian trades, having peaked at 0.7826 levels in the last US session. AUD/USD drops to lows near 0.7780 Currently, the AUD/USD pair now drops -0.32% to 0...
EURUSD Daily Forecast: April 20 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday closed back above 1.1335. Price bounced higher after touched H4 EMA 200 as you can see on my H4 chart below. The bias is bullish in nearest term testing 1.1500 but I am not in a bullish mode. Not yet...
GBPUSD Daily Forecast: April 20 2016 GBPUSD Forecast The GBPUSD continued its bullish momentum yesterday topped at 1.4418. The bias remains bullish in nearest term testing 1.4500. My major technical outlook remains neutral and 1.4400 – 1...
