Over the past month the market has put the USD under substantial pressure, and the DXY has fallen almost 4% since the end of January...
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The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, EUR/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: Intraday moves have been quite extreme, but there seems to be very little interest in the pair and liquidity is poor...
Chart: http://bi0l.blogspot.com/2016/02/usdjpy-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 111,33 / 110,72 / 109,72), resistance (R1 / R2 / R3 = 113,33 / 94 / 114.94). Key resistance levels (1st from 114.17 to 112...
The #BankofJapan can take intervention to prevent the #yen strengthening. Note that on the eve #USDJPY has updated annual lows, and from a technical point of view, reached important support levels. Find out more by checking out the Source Link...
Quotes of #EURUSD remain within the short-term upward trend, while the bulls have not passed the upper limit of the upward border yet. The market is waiting for the important data, which will be released today. Find out more by checking out the Source Link...
Chart: http://bi0l.blogspot.com/2016/02/usdchf-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 0,9676 / 52/14), resistance (R1 / R2 / R3 = 0,9752 / 76 / 0.9814). Key level (1st from 0.9766 to 0.9717 late in the day, the 2nd of 0.9800 to 0.9739...
GBPUSD: Having the pair rejected lower prices on Thursday and was seen strengthen during Friday trading session today, it looks to strengthen further. Support lies at the 1.4500 level where a break will turn attention to the 1.4450 level. Further down, support lies at the 1.4400 level...
Chart: http://bi0l.blogspot.com/2016/02/gbpusd-intraday-forecast-technical-side.html Calculated level for today: Support (S1 / S2 / S3 = 1,4292 / 1,4361 / 1,4404), resistance (R1 / R2 / R3 = 1,4542 / 85 / 1.4654). Key resistance levels (1st from 1.4477 to 1.4480 late in the day, the 2nd of 1...
Pre US Open, Daily Technical Analysis Friday, February 12, 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: 1.1330 Most Likely Scenario: short positions below 1...
Chart: http://bi0l.blogspot.com/2016/02/eurusd-intraday-forecast-technical-side_12.html Calculated levels today: Support (S1 / S2 / S3 = 1.1284 / 60/21), resistance (R1 / R2 / R3 = 1,1363 / 87 / 1.1427). Key support levels (1st from 1.1261 to 1.1327 late in the day, the 2nd of 1.1212 to 1.1268...
Chart: http://bi0l.blogspot.com/2016/02/brent-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 30,59 / 30,26 / 29,72), resistance (R1 / R2 / R3 = 31,67 / 32,00 / 32,54). Key level (1st from 31.68 to 31.10 at the end of the day, the 2nd of 32.72 to 32...
COSMOS4U MACD Indicator under 33, 124, 7 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (12 FEB 2016 10:00 AM UTC...
Chart: http://bi0l.blogspot.com/2016/02/xauusd-intraday-forecast-technical-side_12.html Calculated level for today: Support (S1 / S2 / S3 = 1209,51 / 1193,59 / 1167,83), resistance (R1 / R2 / R3 = 1261,02 / 1276,94 / 1302,69). Key support levels (1st from 1191.03 to 1235...
EUR/USD: Bullish: Take partial profit at 1.1400. While we believe EUR/USD has room to extend higher in the longer run, the current rally is showing signs of slowing and a short-term top appears to be imminent. Those who are long should continue to book some partial profit at 1.1400...
12 February 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 10:00 Flash GDP q/q EUR Med. 0.3% 0.3% Neutral All Day ECOFIN Meetings EUR Med. - - Neutral 13:30 Core Retail Sales m/m USD High -0.1% 0...
Euro May Fall vs. US Dollar as Data Renews Disparate Policy Bets Talking Points: Euro may fall as soft GDP data fuels ECB stimulus bets, boosts risk appetite US Dollar to see outsized gains if Retail Sales, UofM data tops expectations NZ Dollar drops, Yen gains as risk-off Wall St...
U.S. CONSUMERS CONFIDENT YET STILL NOT SPENDING The paradox of the U.S. consumer continues to confound economists. Wages and the number of jobs have risen to before crisis levels but while their confidence remains high in the short-term consumers have opted to save. The U.S...
Market momentum slows and risk appetite continues to wane, despite benchmark Brent crude prices cautiously edging higher from last week’s lows. Meanwhile, the BoJ’s dramatic move to negative interest rates last week saw JPY touch 14-month highs against USD, with more gains to come...
EURUSD: Although holding on to its upside offensive, its loss of upside momentum is suggestive of a return to the downside. Support lies at the 1.1250 level. Further down, support lies at the 1.1200 level where a violation will aim at the 1.1150 level. A break of here will aim at the 1.1100 level...
