NZD/USD Sold-Off Near 50-DMA on RBNZ Inflation Expectations The ongoing bullish momentum in the NZD/USD pair met fresh supply near 50-DMA at 0.6844, following the release of New Zealand’s RBNZ Q2 inflation expectations gauge. NZD/USD deflates from 0...
EURUSD Daily Forecast: May 17 2016 EURUSD Forecast The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1200. Immediate resistance remains around 1.1350...
GBPUSD Daily Forecast: May 17 2016 GBPUSD Forecast The GBPUSD had a bullish momentum yesterday topped at 1.4414 and hit 1.4493 earlier today. The bias is bullish in nearest term testing 1.4530 region. Immediate support is seen around 1.4450 area...
USDJPY Daily Forecast: May 17 2016 USDJPY Forecast The USDJPY didn’t make significant movement yesterday but overall still able to maintain its bullish bias so far, still moving inside the bullish channel as you can see on my H1 chart below. The bias remains bullish in nearest term testing109...
USDCHF Daily Forecast: May 17 2016 USDCHF Forecast The USDCHF had a moderate bullish momentum yesterday topped at 0.9784. The bias is bullish in nearest term testing 0.9795 key resistance. A clear break and daily close above that area could trigger further bullish pressure testing 1...
FxWirePro: AUD/USD Spikes As Markets Price Out Rate Cuts Post Publication of RBA Minutes Minutes of the May 3rd RBA meeting were not as dovish as expected, AUD/USD spiked past the 0.73 handle...
Fxwirepro: ASX200 Struggles to Close Above 5400, Good to Buy at Dips Major resistance - 5380 Major Support - 5307 (10 day EMA) ASX200 has broken major resistance 5380 and jumped till 5397 at the time of writing. It is currently trading at 5388...
Nikkei225 Faces Strong Resistance at 17000, Good to Buy at Dips Major resistance - 16985 (100 day EMA) Major support - 16425 (10 day EMA) Nikkei index has slightly recovered after making a low of 16404.It is currently trading around 16582...
FxWirePro: Singapore Dollar Strengthens Against US Dollar in Early Asia, Good to Sell on Rallies USD/SGD is currently trading around 1.3668 marks. It made intraday high at 1.3697 and low at 1.3666 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3740...
FxWirePro: USD/JPY Hovers Around 109.00, Intraday Bias Remains Neutral USD/JPY is currently trading around 108.94 marks. It made intraday high at 109.10 and low at 108.88 levels. Today Japan will release revised industrial production data at 0430 GMT...
FxWirePro: South Korean Won Gains in Early Asia, Intraday Bias Remains Bearish USD/KRW is currently trading around 1172 levels. It made intraday high at 1175 and low at 1172 levels. Intraday bias remains bearish till the time pair holds key resistance at 1180 marks...
EURUSD: With EURUSD continuing to maintain its downside pressure, further downside pressure is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1150 level. A break of here will target the 1.1100 level...
GBPUSD Weekly OutLook BEARISH Untuk sepekan kedepan akan ada beberapa Fundamental penting yang akan dirilis untuk zona ekonomi Inggris, diantaranya: 1. CPI y/y Selasa 17/05/2016 15.30 WIB. 2. Average Earnings Index 3m/y Rabu 18/05/2016 15.30 WIB. 3. Claimant Count Change Rabu 18/05/2016 15.30 WIB...
USD/JPY Climbs Back to 109.00 Zone USD/JPY advanced during the American session and reached fresh daily highs in recent dealings, despite below expectations US data. USD/JPY climbed back above the 109 mark and hit a daily peak of 109.08 before losing momentum...
AUD/USD Rejected from Above 0.7300 The aussie is up against the US dollar on Monday but it failed to hold above the important 0.7300 handle and pulled back trimming gains. Near 10-week lows AUD/USD opened the week trading at the lowest level since early March and bottomed at 0...
EUR/USD: 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...
USD/JPY: Bullish to 111.50 - Scotiabank Analysts at Scotiabank explained that USD/JPY is consolidating around the mid-point of its five-session range roughly bound between 108.20 and 109.50, and they look to continued gains toward 111.50...
GBP/USD: Bulls Taking Back Control for 1.44 Handle GBP/USD has been in a series of daily declines of late, but bulls are back in charge today. GBP/USD rallied onto the 1...
NZD/USD: Bulls Testing Bears Commitments at 0.68 Handle NZD/USD is testing the upper boundaries of the 0.67 handle and has penetrated the 0.6800 level with a high so far of 0.6809. The move comes with a recovery in oil that made $47.48 WTI the high in a continuation of the 11th May spike from $44...
