GBP/USD Testing 1HR 200-SMA to the Downside, UK Jobs Eyed The GBP/USD pair extended its retreat from above 1.45 handle and now inches lower towards 1.4300 levels as a broadly higher greenback weighs on the major amid mixed Asian session. GBP/USD flirting with key support near 1...
USD/CAD Climbs Further to Test 1.2950 on Stronger USD Broad based US dollar rebound remains the underlying key theme in the Asian trades this Wednesday, pushing USD/CAD further into the positive territory towards the mid-point of 1.29 handle. USD/CAD supported at NY close just ahead of 1...
FxWirePro: USD/JPY Rebounds from Session Lows at 108.72, Retakes the 109 Handle USD/JPY rebounds from session lows in response to better-than-expected Japanese GDP data for the first quarter of 2016. Data released earlier today showed that Japan's preliminary real Q1 2016 GDP came at 0...
FxWirePro: ASX200 Faces Strong Resistance at 5400, Good to Buy at Dips Major resistance - 5400 Major Support - 5325 (10 day EMA) ASX200 has broken major resistance 5380 and jumped till 5401. It is currently trading at 5385. Short term trend is slightly bullish as long as support 5325 holds...
FxWirePro: Nikkei225 Faces Minor Support at 16450, Good to Buy at Dips Major resistance - 16985 (11 May High) Major support - 16470 (10 day EMA) Nikkei index has slightly retreated after making a high of 16790. It is currently trading around 16759...
FxWirePro: USD/KRW Hovers Around Key Resistance at 1180, a Break Above Targets 1193 USD/KRW is currently trading around 1179 levels. It made intraday high at 1177 and low at 1180 levels. Intraday bias remains neutral till the time pair holds key resistance at 1180 marks...
FxWirePro: Japanese Yen Gains in Early Asia on the Back of Higher Than Expected GDP Data USD/JPY is currently trading around 108.88 marks. It made intraday high at 109.23 and low at 108.72 levels. Japanese economy grew 0.4% in the March quarter vs. contraction of 0...
USD/JPY: Buyers in Control Above 109, Tuesday’s High Eyed? The bullish pressure behind the USD/JPY pair accentuated over the last hours as a renewed bout of risk-on wave gripped the markets, sending Japanese stocks sharply higher...
EURUSD Daily Forecast: May 18 2016 EURUSD Forecast The EURUSD had another indecisive movement yesterday. The bias remains bearish in nearest term testing 1.1200 region. Immediate resistance remains around 1.1350...
GBPUSD Daily Forecast: May 18 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.4523 but closed lower at 1.4460. The bias is neutral in nearest term probably with a little bearish bias testing 1.4400 – 1.4350 region. Immediate resistance is seen around 1...
USDJPY Daily Forecast: May 18 2016 USDJPY Forecast The USDJPY attempted to push higher yesterday topped at 109.65 but closed lower at 109.13. The bias is neutral in nearest term but as long as stay inside the bullish channel price is still in bullish correction phase...
USDCHF Daily Forecast: May 18 2016 USDCHF Forecast The USDCHF had a bullish momentum yesterday slipped above 0.9795 key resistance and hit 0.9813 earlier today. The bias is bullish in nearest term testing 0.9900 before testing 1.0000 region. Immediate support is seen around 0.9765...
USDCHF: Having the pair strengthened further on Tuesday, further move higher is expected in the days ahead. On the downside, support lies at the 0.9750 level. A turn below here will open the door for more weakness towards the 0.9700 level and then the 0.9650 level...
EUR/USD: No change. Our bearish view was encouraged by the close below support in the 1.1360 area. Our next targets are towards the 1.1215 range lows and then lower towards 1.1125. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 USD/JPY: No change...
AUD/USD: the Recovery Continues, Now Through 100 DMA AUD/USD has dropped from 0.7834 highs this year and has resumed the downside to score lows of 0.7244, penetrating the 200 dma at 0.7258. AUD/USD has since recovered in a bounce from the lows and below the 200 dma to score a high of 0...
XAU/USD: the Price is Going to the Lower Limit of the Ascending Channel - Technical Analysis of 17.05.2016 Review and dynamics Since the beginning of this year the price of gold has grown by 24% from the level of 1048...
XAU/USD: The Price of Gold is Going Down Today - Fundamental analysis of 17.05.2016. World stock indices are growing and investors’ risk appetite is growing as well. By the end of the session on Monday, Japanese stock index Nikkei Stock Average closed with the rise of 0...
Silver Set for Sharp Move, but Which Direction On the back of today’s US macro data, which have all been stronger than expected, you would expect the dollar to rally. After all, the Consumer Price Index (CPI) rose by 0.4% in April, housing starts jumped 6...
EUR/USD Technical Analysis: Euro Aims to Test 1.1200 Talking Points: EUR/USD Technical Strategy: Short at 1.1317 Euro vulnerable to deeper losses after largest 2-day drop in a month Short position entered, aiming for descent to challenge the 1.12 figure...
