Gold Slumps to Fresh 8-Week Lows Below 100-DMA, US GDP, Yellen Eyed The bears appear relentless in the Asian trades, slamming the bullion further into the negative territory as Fed officials continue to talk up chances of an early Fed rate hike, suggesting a June lift-off...
Chart:https://bi0l.blogspot.com/2016/05/usdchf-intraday-forecast-technical-side.html Estimated level: Support (S1 / S2 / S3 = 0,98750 / 0,98619 / 0,98407), resistance (R1 / R2 / R3 = 0,99175 / 306/519). Key resistance levels (1st from 0.99104 to 0.98985 in the late afternoon, 2nd from 0...
The Trend Trader for Forex The Trend Trader helps to identify the current trend status of your favorite ETF markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend...
NZD/USD Regains 100-DMA Amid Positive Equities A better risk environment persisting in the Asian session so far provides fresh impetus to the NZD/USD pair and takes the rate back above 100-DMA barrier located at 0.6742. NZD/USD eyes 100-DMA at 0.6739 Currently, the NZD/USD pair trades +0...
APAC Currency Corner – Oil Boosts Markets. Spotlight on Yellen After two days of solid bull runs, global equity markets consolidated on Thursday. This retrenchment was not too surprising as traders pare down risk ahead of long weekends in both US and the UK...
Chart:https://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side_26.html Calculated levels today: (S1 / S2 / S3 = 1,11599 / 1,11440 / 1,11183), resistance (R1 / R2 / R3 = 1.12114 / 1.12274 / 1.12531). Key support levels (1st from 1.11789 to 1.11845 in the late afternoon, 2nd from 1...
FxWirePro: Japanese Yen Gains in Early Asia on Robust Core CPI Data USD/JPY is currently trading around 109.76 marks. It made intraday high at 109.79 and low at 109.55 levels. Today Japan released core CPI data with positive numbers at -0.3% m/m vs -0.4% m/m consensus forecast...
USD/JPY Catches Fresh Bids, Jumps to Test 110 Handle The USD/JPY pair finally broke its overnight consolidation phase between 109.50-85 levels to the upside over the last hour, in a bid to reclaim 110 handle, before meeting fresh supply at the last...
Chart:https://bi0l.blogspot.com/2016/05/xauusd-intraday-forecast-technical-side_26.html Calculated level for today: Support (S1 / S2 / S3 = 1217,89 / 1214,10 / 1207,95), resistance (R1 / R2 / R3 = 1230.18 / 1233,97 / 1240,11). Key resistance levels (1st from 1223.08 to 1225...
Chart: https://bi0l.blogspot.com/2016/05/brent-intraday-forecast-technical-side_26.html Calculated level for today: Support (S1 / S2 / S3 = 49,80 / 49,53 / 49,10), resistance (R1 / R2 / R3 = 50,65 / 50,92 / 51,34). Key support levels (1st from 49.57 to 50.22 at the end of the day, the 2nd of 49...
AUD/USD Looks To Recover Further Higher AUD/USD - With the pair rejecting lower level prices on Thursday, further bullishness is likely. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
AUDUSD. With the pair rejecting lower level prices on Thursday, further bullishness is likely. On the downside, support resides at the 0.7200 level where a breach will aim at the 0.7150 level. Below that level will set the stage for a run at the 0...
AUD/JPY Bulls in Positive Territory above 100 1HR SMA AUD/JPY is currently in positive territory given the return of risk this week and a pick up in the commodities sector, despite the strength seen in the Yen from yesterday's Tokyo open and subsequent bid...
UK Polls, Polls, Polls - TDS Analysts at TD Securities explained that it is premature, in our view, to think that the UK is out of the woods. Key Quotes: "We have now seen four polls released this week, with only one showing a Remain win, two a dead-heat, and one showing a Leave majority...
Weaker U.S Business Spending Dampens Rate Hike Expectations AUD / USD Expected Range: 0.7150 - 0.7330 The Australian dollar recouped Wednesday’s losses rallying back through 0.72 U.S cents during trade on Thursday...
Cycle Trading: Piecing Together Gold & Oil The pieces are coming together pointing to a daily cycle turn for gold. Gold printed its lowest point on Wednesday, day 23, following the peak on day 6. That places gold in its timing band to form a daily cycle low...
USD/JPY Remains Sub 110.00 Despite Poor CPI USD/JPY is currently trading in recovery of yesterday's sell-off overall, but the offer tone persists while price remains below the 110.00 level with lows made at 109.52. USD/JPY sold off yesterday as markets pushed back risks of BoJ intervention...
GBP/USD: Further Declines on the Cards? - FXStreet Valeria Bednarik, chief analyst at FXStreet explained the GBP/USD pair extended its weekly rally up to 1.4739, but turned lower after the release of some soft UK data. Key Quotes: "The second estimate of the Q1 GDP came in at 0...
AUD/USD: Supported in Recovery Channel on 0.72 Handle AUD/USD is currently trading at 0.7225 and was capped at 0.7243 overnight on the re-bound in the vicinity of the 200 sma on the hourly time frame at 0.7234 currently...
