Australian Dollar Climbs Against Majors The Australian dollar advanced against the other major currencies in pre-European deals on Monday. The aussie advanced to 5-day highs of 1.1252 against the kiwi and 85.50 against the yen, from its early lows of 1.1214 and 84.85, respectively...
FXWIREPRO: Deploy USD/JPY Debit Call Spreads on Rising Buying Sentiments Technical glimpse: After taking major support at 111.041, the pair has now broken out strong resistance at 112.670 to evidence mild upswings in short term upto 114...
Pound Rises Against Majors The British pound strengthened against the other major currencies in the pre-European session on Monday. The pound rose to a 1-week high of 160.71 against the yen, from an early low of 159.75. Against the Swiss franc, the pound advanced to 1.3827 from an early low of 1...
FXWIREPRO: USD/JPY Jumps Above 7 & 21 DMA, Intensified Buying Momentum Likely to Drag Upswings Further The current prices jumped above 7 & 21DMA, that signals more upswings likely in short term. The upswings are most likely as the pair breaks out above resistance at 112.670 levels...
FXWIREPRO: GBP/JPY Breaks Minor Trend Line Resistance, Good to Buy at Dips Major resistance- 160.30 (trend line joining 175.01 and 164.09) Major support- 159 The pair has broken major resistance 160.30 and jumped till 160.63 at the time of writing. It is currently trading at 160.62...
FXWIREPRO: AUD/JPY Extends Gains Above 85 Handle, Short-Term Bias Remains Higher AUD/JPY extends rangebound between 84.00 and 86.38 March 13th high, while short-term bias remians bullish...
GBP/USD Clinches Highs Near 1.4180 The sterling has started the week on a positive footing, now lifting GBP/USD to the area of daily highs near 1.4180...
EUR/GBP Drops Below 0.79, Turns Red EUR/GBP is trading weak around 0.7880 as British Pound is marching higher against the greenback amid holiday thinned trade. GBP recovery continues Cable is up 0.24% today even though the upward revision of the US Q4 GDP pushed up treasury yields...
GBP/JPY Clocks 4-Day High Offered tone around JPY strengthened, pushing the GBP/JPY pair to a four-day high of 160.77 levels. Treasury yields rise, Yen drops Rise in the US treasury yields following an upwardly revised US Q4 GDP released on Friday is keeping the Yen under pressure...
AUD/JPY Firmer, Heading Towards 200-DMA? The AUD/JPY cross received a double booster shot on Easter Monday, with light trading adding to the bullish under tone, driving the rate towards 85.50. AUD/JPY gains for the 3rd straight session Currently, the AUD/JPY pair rises 0.64% to 85...
The most important #event of the week will be a speech of the Fed's head #JanetYellen. Earlier, investors got some pretty clear signals about the likelihood of a soon rate hike from some #FOMC members. Now the market is expecting the confirmation from Yellen...
Not much changed last week for the EURUSD amid a lack of market-moving news and light holiday trade. This week doesn’t promise to be much more exciting given the Monday holiday for many banks and non-farm payroll on Friday...
EUR/USD Holds Ground Above 1.1150 Amid USD Strength The EUR bears took a breather from their recent downslide, now allowing a tepid bounce in EUR/USD from near 1.1150 levels. EUR/USD finds support near 20-DMA Currently, EUR/USD trades modestly flat at 1.1162, trying hard to sustain above 1...
USD/JPY Extends Winning-Streak for 8th Straight Session The bullish tone behind the US dollar keeps growing bigger as we step into the key week this Monday, driving USD/JPY further towards 114 handle...
CFTC Positioning: Yen Longs Maintained - ANZ Analysts at ANZ explained the positioning data for the week ending 22 March 2016. Key Quotes: "Despite the dovish FOMC statement on 16 March which sent the USD sharply lower, leveraged funds did not reduce their net long USD positions...
FXWIREPRO: Nikkei225 Faces Strong Resistance Around 17300, Good to Buy at Dips Major resistance - 17300 The index has recovered after making a low of 16711.It is currently trading around 17111.Short term trend is bullish as long as support 16500 holds...
FXWIREPRO: AUD/NZD Remains Supported Above 1.12, Good to Buy on Dips AUD/NZD is trading around 1.1240 marks. Pair made intraday high at 1.1245 and low at 1.1214 marks. Intraday bias remains bullish till the time pair holds key support at 1.1197 levels. A daily close below 1...
FXWIREPRO: Gold Breaks All the Key Supports and falls Below $1210, Intraday Bias Remains Bearish XAU/USD is currently trading around $1209 mark. It made intraday high at $1216 and low at $1208 levels. Gold opens flat at $1216 and falls after 3 -day holidays to $1208 marks...
FXWIREPRO: USD/KRW Hovers Around Key Resistance at 1172, a Break Above Targets 1193 USD/KRW is currently trading around 1171 levels. It made intraday high at 1172 and low at 1171 levels. Intraday bias remains bearish till the time pair holds key resistance at 1172 levels...
