USDX Technical Analysis for March 21, 2016 The Dollar index remains in a bearish trend. Price is heading towards the 94-93.50 area. The price formation looks like an important top was formed. The trend resistance is very important at 98.50 and at 97.60...
AUD/USD has been charging aggressively higher since the open of London, initially dipping sub 0.7575 to grab some liquidity and trap some sellers, only to reverse the momentum for what has been, so far, a nearly half a cent run to the upside, touching its highest at 0.7625...
Gold Technical Analysis for March 21, 2016 Gold price remains in a short-term bearish trend and is making lower lows and lower highs. Price remains inside the sideways channel and as long as we remain above $1,220 there are still chances of a new high towards $1,300...
Technical Analysis of USD/CHF for March 21, 2016 USD/CHF is expected to trade in a lower range as key resistance is set at 0.9745. The pair remains weak below 0.9745, which acts as strong resistance. The relative strength index is above its neutrality area at 50, but lacks upward momentum...
Technical Analysis of NZD/USD for March 21, 2016 NZD/USD is expected to trade in a bearish bias. The pair is in consolidation now after the recent rallies. The relative strength index is mixed, calling for caution...
Technical Analysis of GBP/JPY for March 21, 2016 GBP/JPY is expected to trade in a higher range as a bias remains bullish. The pair stands firmly above its nearest support at 160, and is likely to challenge its nearest resistance at 161.85. The relative strength index lacks downward momentum...
Over recent weeks, US inflation expectations have improved markedly, with the 2-year, 5-year and 10-year breakeven rates as derived via TIPS now all trading above 1.5%Y...
Technical Analysis of USD/CAD for March 21, 2016 General overview for 21/03/2016: The last leg of the corrective cycle in wave Z brown might have been completed at the level of 1.2924, but the market is still trading inside the bearish zone...
Technical Analysis of EUR/JPY for March 21, 2016 General overview for 21/03/2016: The market is still trading inside the neutral zone and the congestion zone is getting tighter and tighter...
Technical Analysis of GBP/CHF for March 21, 2016 Technical outlook and chart setups: The GBP/CHF pair seems to have formed a base around 1.3950 levels today, before rallying towards 1.4005 levels again. The pair is now looking set to push higher towards 1...
JPY was among the biggest beneficiaries from the latest USD selloff in the wake of the dovish Fed March meeting. We believe, however, that JPY-appreciation may be nearing an end. Indeed, we note that that JPY strength is increasingly at odds with the improvement in risk sentiment...
Technical Analysis of EUR/USD for March 21, 2016 When the European market opens, some economic news will be released such as Consumer Confidence and Current Account. The US will release economic data too such as Existing Home Sales...
Technical Analysis of USD/JPY for March 21, 2016 In Asia, today Japan will not release any economic data but the US will release some economic data such as Existing Home Sales. So there is a probability the USD/JPY pair will move with low to medium volatility during this day...
Hi traders, My plan for GBPUSD this week is follows the screenshot base on A2SR. with breakeven 2/20 pips, and I saved it as a template. Target is at current Resistance, above current support posisitions. Picture have thousands words...
* 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 with headquarters in Stockholm, Sweden...
Over the past year, the Fed has repeatedly arrested the Dollar rise and this week’s FOMC, with the shift in rhetoric towards caution over external risks, marked another iteration. We have sympathy for the Fed’s dilemma...
Quant Signals: Short NZD/USD, Long AUD/USD, Short USD/CAD Short NZD/USD, long AUD/USD, short USD/CAD are the latest strong FX signals from Societe Generale's Combined Momentum and IR-Driven models. (Source: SG™,) Quant' on Thurs 3/17 at 04:26 PM ET...
The Fed didn’t say much in its statement, so investors were left to zero in on the dot plots. And with the median going down from four hikes in 2016 to only two, markets decided that the Fed isn’t confident in its just started hiking cycle...
Pernille Bomholdt Henneberg, Senior Analyst at Danske Bank, suggests that the ECB’s new TLTRO II provides very cheap bank funding with a long maturity and no mandatory early repayments...
