AUD/JPY Attacks 83 Handle, at Fresh Monthly Lows The AUD/JPY cross extends its bearish run into a fourth day this Tuesday, with the bears relentless on the back of persistent risk-off market profile. AUD/JPY tests 83.00 The AUD/JPY pair now drops -1.80% to 83...
US Dollar keeps Highs Near 94.80 The greenback, tracked by the US Dollar Index, has recovered the smile on Tuesday and is managing well to keep the trade in the upper end of the range near 94.80...
What are the economic consequences of leaving the EU? This question is at the heart of the Brexit debate. Some studies address this question by analysing how countries fared after joining the EU (see Campos et al. 2014 or the survey by Crafts 2016). In recent work (Dhingra et al...
EUR/USD Trims Daily Losses after US Trade Data EUR/USD edged slightly higher and continued to move off daily lows following the release of disappointing US trade data. US trade deficit widened in February by 2.6% to a 6-month high of 47.06 billion, from 45...
GBP/USD Tests 50% Fibo Support Cable managed to cut through bids around 1.42 and fell to 1.4175 (50% of 1.3835-1.4515) levels as traders continue to ignore slight improvement in the UK services PMI report...
FXWIREPRO: Kiwis Dairy Industry Likely to Struggle General business sentiment in New Zealand dropped from +13% in December to -1% in March...
Despite volatile trading in #GPBUSD, there were no signals to close the order to sale from 1.4323. Currently, we see the renewal of the upward momentum. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
CAD/JPY Breaks Major Support 84, Decline Till 82 Is Possible Major resistance – 85.20 (7 W EMA) Major support - 84 The pair has broken major support 84 and declined till 83.85 .It is currently trading around 84.01. Short term trend is bearish as long as resistance 85.20 holds. The break of 85...
We fixed a result of short positions in #Gold with a small loss (1225.19) when on of the bars has closed above the red Alligator's line. Currently we are out of the market. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
In view of the research team at UOB Group, the Aussie dollar keeps its bullish perspective in the next 1-3 weeks. “The sharp drop yesterday certainly does not bode well for our bullish AUD view”. “However, confirmation of a short-term top is only upon a break below 0.7550”. “That said, 0...
NZD/USD: The Pair went Below the Level of 0.6860 Due to last week’s statement made by Janet Yellen about the plan of the gradual increase in the interest rate in the USA, the USD fell all over the market...
NZD/USD: Price Index of the Dairy Products and Efforts of RBNZ New Zealand’s economy is based on exports; the second largest export sector of the country’s economy is the timber industry and the largest one id agricultural sector. About 18% of the total exports belong to the dairy product...
Analytical Review of the Currency Pair USD/JPY Technical data of the currency pair: Previous closing: 111.34; Daily range: 110.45-111.36; Opening: 111.34...
FXWIREPRO: Gold May Drop to $1130 Area If Fails to Break Higher Gold bulls are facing critical test at this point, to break above or break below. Our previous call, to buy gold at $1200/troy ounce with $1180 stop loss is valid and in profit as gold is trading around $1230/troy ounce area...
Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened in the Asian trading session resulting in USD/JPY breaking below the recent low from the 17th March...
EUR/USD Depressed Around 1.1350, US Data Eyed The common currency remains on the defensive on Tuesday, with EUR/USD trading in the area of daily lows near 1.1350...
USD/JPY Keeps Multi-Month Lows Near 110.30 The better sentiment around the Japanese currency has sent USD/JPY to test the 110.40/30 band, fresh multi-month lows. USD/JPY stronger on risk aversion Spot has accelerated its downside to levels last seen in October 2014 in the proximity of 110...
ISM Non-Manufacturing Survey (March) - Tue 4/5 - 10 AM ET * Skandinaviska Enskilda Banken AB (Swedish pronunciation: [skandɪˈnɑːvɪska ˈeːnˈɧɪlda ˈbaŋːkən], Scandinavian Individual Bank), abbreviated SEB, is a Swedish financial group for corporate customers, institutions and private individuals wi...
Pre US Open, Daily Technical Analysis Tuesday, April 05, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1415 Most Likely Scenario: short positions below 1...
