EUR/USD Comes Lower to Test 1.1330 The selling mood around the euro is growing bigger during the European morning, taking EUR/USD to the area of 1.1330, or daily lows...
The lower boundary of the "descending triangle" in #USDCAD was broken, which led to the achievement of the nine-month low. Such a decisive blow of bears could not happen without support from the oil market. Find out more by checking out the Source Link...
Technical Analysis of EUR/JPY for April 13, 2016 General overview for 13/04/2016: The wave progression inside the triangle pattern looks completed as the wave e of the whole structure is fully developed. A downward breakout should happen soon...
Calculated levels today: Support (S1 / S2 / S3 = 1,1352 / 23 / 1.1278) and resistance (R1 / R2 / R3 = 1.1443 / 72 / 1.1518). Key resistance levels (1st from 1.1397 to 1.1392 late in the day, the 2nd of 1.1412 to 1.1404...
Technical Analysis of USDX for April 13, 2016 The Dollar index is showing signs of the trend reversal as price continues trading inside the downward sloping wedge. I prefer to be neutral or slightly bullish at current levels as the Dollar index is at the oversold levels...
EUR/GBP Turns Positive as GBP Sell-Off Gathers Pace EUR/GBP turned positive to clock a session high of 0.7984 as Cable sell-off gathered pace on talks of rise in BOE rate hike bets. Gains capped by risk-on in equities Cable is now testing bids around 1...
USD/JPY Clinches Highs Above 109.00 The greenback is extending its recovery today, now lifting USD/JPY to the area of daily highs above he 109.00 handle...
Treasuries saw decent-sized 7-year-led losses Tuesday after having rallied to just above the February lows in yields late last week and then having held near there the prior couple trading sessions. Losses were part of a broader riskon trade seen also in a 1...
USD/JPY Faces Resistance at 109.73 – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair faces strong resistance in the 109.70 area. Key Quotes “USD/JPY is seeing a tiny rebound...
FXWIREPRO: EUR/SEK Breaks Key Support at 9.2050, Good to Sell on Rallies EUR/SEK is currently trading around 9.1843 levels. It made intraday high at 9.2074 and low at 9.1792 levels. Intraday bias remains bearish for the moment. A current down fall 9...
Technical Analysis of USD/CAD for April 13, 2016 General overview for 13/04/2016: The current Elliott wave count has been changed slightly and instead of the abc irregular correction the pattern evolved into more complex double zig-zag...
A potential oil production freeze to come out of the OPEC meeting at the weekend has pushed oil to its highest level this year. Higher oil has also pushed US corporate bond spreads tighter and equity markets and US bond yields higher...
Technical Analysis of Gold for April 13, 2016 Gold price reversed yesterday after reaching the important resistance of $1,260. I warned Gold bulls that this is not good to be long now. There were many warnings for bulls and today we see the results...
GBP/USD Continues to Lose Ground Having breached 50-DMA support at 1.4250, cable extended losses further to a session low of 1.4218 before recovering slightly to trade around 1.4235 levels. BOE rate cut bets rise The bird is volatile off late on account of Brexit fears...
Technical Analysis of USD/CHF for April 13, 2016 USD/CHF is expected to trade in a higher range as bias remains bullish. The pair managed to break above the resistance of its 50-period moving average, and now the pair is holding above it...
Technical Analysis of NZD/USD for April 13, 2016 NZD/USD is expected to trade in a higher range and continue its upside movement. The pair is clearly in a bullish trend, supported by its rising 20-day and 50-day moving averages. The process of higher highs and lows remains intact...
USD/CHF Edges Higher, Eyes on 0.9600 The greenback continues to gather traction vs. its rivals on Wednesday, now lifting USD/CHF to the vicinity of 0.9600 the figure, or session highs...
Calculated level for today: Support (S1 / S2 / S3 = 1251,60 / 1249,15 / 1244,75), resistance (R1 / R2 / R3 = 1260,67 / 1263,39 / 1267,79). Key level (1st from 1250.57 to 1256.69 at the end of the day, the 2nd of 1244.01 to 1247.61...
Technical Analysis of GBP/JPY for April 13, 2016 GBP/JPY is expected to trade in a higher range as the bias remains bullish. The pair stands above the short-term rising trend line since April 11 and is also supported by its 50-period moving average...
