Technical Analysis of USD/JPY for June 30, 2016 USD/JPY is expected to trade in a higher range and is supported by a rising trend line. On Wednesday, US stock indices kept rallying along with global markets, led by financial and energy shares. The Dow Jones Industrial Average gained another 1...
Technical Analysis of USD/CHF for June 30, 2016 USD/CHF is expected to trade with a bullish bias above 0.9760. The pair remains bullish on an intraday basis. In addition, a strong support base around 0.9760 should limit any downward attempts...
Technical Analysis of NZD/USD for June 30, 2016 NZD/USD is expected to extend its upside movement. The pair has been supported by a rising trend line since June 28 and is likely to challenge the horizontal resistance at 0.7155 in sight...
Technical Analysis of GBP/JPY for June 30, 2016 GBP/JPY is expected to trade with a bullish bias. The pair has been supported by a rising trend line, as well as the 20-period and 50-period moving averages and continues its rebound. The relative strength index stays above 50...
Technical Analysis of EUR/JPY for June 30, 2016 General overview for 30/06/2016: The market is trying to develop a clear, corrective, choppy bounce from the lows at the level of 109.55...
Technical Analysis of USD/CAD for June 30, 2016 General overview for 30/06/2016: The sub-wave c of the corrective cycle in wave (ii) looks completed, and the whole correction looks like an irregular flat pattern. This is why the uptrend might be now resumed and a new higher high can be made...
Daily Analysis of USDX for June 30, 2016 USDX is looking to extend the decline towards the support level of 95.20, where the 200 SMA is located; a zone where a rebound can happen to resume the bullish bias on a short-term basis. The index will try to break the resistance level of 95...
Daily Analysis of GBP/USD for June 30, 2016 The Cable has been doing consolidation moves during the week, and now we can see a breakout above the 1.3380 level, which should expose the resistance zone of 1.3653, where a pullback can happen to resume the bearish bias...
EURUSD Daily Forecast: June 30 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday topped at 1.1130. The bias is bullish in nearest term testing 1.1200 which is a good place to sell with a tight stop loss targeting 1.0700. Immediate support is seen around 1.1070...
GBPUSD Daily Forecast: June 30 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.3533 but closed lower at 1.3422. The bias remains neutral in nearest term but as long as stay below 1...
USDJPY Daily Forecast: June 30 2016 USDJPY Forecast The USDJPY was indecisive yesterday. The bias remains neutral in nearest term. As long as stay below 103.55 I still prefer a bearish scenario at this phase. Immediate support is seen around 102.50...
USDCHF Daily Forecast: June 30 2016 USDCHF Forecast The USDCHF failed to continue its bullish momentum yesterday and now still struggling around 0.9800. The bias is neutral in nearest term. Immediate support is seen around 0.9760...
Your Economic Data/Event Calendar for today in Europe 30 June 2016 Greetings and welcome to month-end. And that's means month-end flows ( don't forget the usual EURGBP demand for the UK's EU membership fees. Yes we've still got to pay those for a while yet!). Also keep an eye on the 15...
EURUSD: Having EURUSD closed higher on Wednesday, it could face further upside. This development if seen will aim at its key overhead resistance at 1.1130 zone. On the downside, support lies at the 1.1100 level. Further down, support comes in at the 1...
OTTAWA (MNI) - The world after Brexit is one of heightened uncertainty with a higher risk of a global recession, which is "bad news" for most commodity-led countries and their currencies, T. Rowe Price Global Unconstrained Bond Fund Portfolio Manager Arif Husain told MNI...
DNB Markets have updated their foreign exchange forecasts for the new post-Brexit world and the dollar and Scandis are the big winners...
What a gift Brexit has been for those transferring euros into pounds - the rate has moved in your favour considerably. The question you may be asking is whether even better rates are coming your way? The rapid climb from 0.76 to 0.82 has certainly turned the outlook for the exchange rate positive...
