FxWirePro: ETH/USD Faces Strong Resistance at $14.85, Good to Buy at Dips Major intraday support - $13.20 (21 day MA) Major resistance- $14.40 The pair has broken major resistance $14.40 (May 31st high) and jumped till $14.75 at the time of writing. Ethereum short term resistance is around $14...
GBP/USD Bounces Off Lows, Regains 1.4470 After briefly bottoming out in the 1.4450 area, GBP/USD has managed to regain some pips to the 1.4465/70 band. GBP/USD lower on USD-buying, Gilts The daily decline in GBP seems to have found some support in the mid-1...
EUR/USD Visiting Fresh Lows Around 1.1350 The common currency is accelerating its downside today, now dragging EUR/USD to fresh daily troughs in the mid-1.1300s...
Dollar Hits a Speed Bump - Investec Research Team at Investec, suggests that the EU referendum is two weeks away today, but for once the stand out currency market move is not the Pound, but the Dollar...
AUD/USD Inter-Market: Looking for a Test of 0.7300? The AUD/USD pair halted its three-day winning streak and fell sharply this Thursday, having eroded almost 80-pips so far...
NZD/USD Strong Rally Halted at 0.7150, Now Trading Sub-0.7100 The NZD/USD pair has given up some of its RBNZ status-quo monetary policy led up-move and has now dropped below 0.7100 handle. Earlier on Thursday, RBNZ surprised markets by leaving its benchmark interest rate unchanged at 2.25...
WTI Drops to Lows Near $50.70 After hitting fresh 2016 highs in the $51.70 area per barrel, the West Texas Intermediate is now grinding lower towards the $50.75/70 band...
USD/CAD Seen Grinding Lower – Westpac Strategist at Westpac Richard Franulovich believes the pair is heading lower in the short term. Key Quotes “May CPI the key data point of note for the week ahead. The data should not fuss, with the core rate likely to rise 0.2% in the month. BoC Gov...
US Dollar Flirting with Highs Near 93.80 The greenback, tracked by the US Dollar Index, has found strong support in the 93.40 area, currently advancing to 93.80, or session highs. US Dollar supported at 93...
FxWirePro: BTC/USD Consolidates in Narrow Range, Good to Sell on Rallies Major resistance - $600 BTC/USD has formed the temporary top around $594 and declining from that level. It is currently trading around $581...
EUR/GBP Clings to Gains Near 0.7850 EUR/GBP is posting meagre gains in the second half of the week following the bearish note around the single currency and the British pound. EUR/GBP upside capped above 0...
FxWirePro: EUR/JPY slips Below 121 Handle, All Targets Hit, Book Full Profits EUR/JPY has slipped below the 121 handle as bid tone around the Japanese currency increases. Risk-off sentiment prevailing across Asian and European equities boosting the safe-haven appeal of the yen...
NZDUSD Stages Strong Rally to 1-Year High NZDUSD staged a strong rally early on Thursday to reach a one-year high of 0.7146. The pair turned more bullish after clearing some important barriers. There was a daily close above the key 0.70 level on Wednesday...
Dollar Index and Gold Price Action Indicate Renewed Easy Money Perceptions Weaker than expected U.S. economic data, and a renewed easy money push by the Global Central Bankers has elicited a negative Dollar reaction from the markets during the past few sessions...
GBP/JPY Recovery Remains Capped by 154 ahead of UK Data The cross in the GBP/JPY stalled a minor-recovery just shy of 154 handle and now consolidates below the last as we await the UK trade figures due out shortly...
EUR/USD Reverses Sharply from Monthly High, Back Below 1.1400 Handle After printing monthly high level of 1.1416, the EUR/USD pair erased early Asian session gains and turned lower, dropping back below 1.1400 handle to currently trade near session low level...
USD/CAD Ends 4-Day Losing Streak, Rebounds Above 1.2700 The US dollar staged a solid comeback versus its Canadian counterpart in the European session, driving USD/CAD sharply higher above 1.27 handle. USD/CAD recovers from 0.2670 region Currently, the USD/CAD pair trades +0...
EUR/JPY: Sell-Off Extends, Attacks 121 Handle The bearish pressure behind the EUR/JPY cross accentuated post-European open, mainly driven by aggressive yen buying across the board amid risk-aversion. EUR/JPY gives-up 60-pips in the last hour The EUR/JPY pair slumps -0.67% to 121...
USD/JPY Slammed to a 5-Week Low of 106.30 The US Dollar weakness against its Japanese counterpart seems to have gained momentum, with the USD/JPY pair now dropping to its lowest level in 5-weeks...
