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EUR/USD in Highs above 1.1330 Post-US Data The buying interest around the common currency is now gathering further steam, lifting EUR/USD to fresh daily highs in the 1.1330/35 band...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 16:12
GBPUSD: The pair closed lower the past week leaving risk of additional weakness on the card in the new week. Despite its present price hesitation, short term risk remains lower. On the downside, support lies at the 1.4300 level where a break will turn attention to the 1.4250 level...
Analytics & Forecasts
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FXTechstrategy.com, 16 May 2016, 15:22
We continue to hold the short position in #EURUSD. The red Alligator's line is gradually declining following the price. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
We've fixed the result of the order to buy #USDJPY upon the closing of one of the bars below the red Alligator's line. Now we have no opened positions, but an entry into the market can occur at any time. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, May 16th GBP/USD bounced off from three-week lows printed just above 1.4350 level...
Analytics & Forecasts
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EEAnalytics, 16 May 2016, 13:41
In our last article on ES-Mini, ES-Mini: 2000 on the way, IF...!, we discussed our short-term outlook for the market and alerted for a short position...
As stated in our March 9th analysis on EURUSD, this rally is a corrective wave 4 and even though we expected EURUSD to reach 1.17-1.18 levels, recent action has put a question mark on that event. A break of 1...
AUD/USD Regains 0.7300, Session Highs The Aussie dollar is now picking up further pace, lifting AUD/USD to the area above the 0.7300 handle, or daily highs. AUD/USD up on USD-selling After bottoming out in the mid-0.7200s in early trade, the pair has now regained the key barrier at 0...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 12:04
USD/CHF Poised for Further Upside – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the likelikess of further upside in the pair. Key Quotes “USD/CHF last week sold off to and bounced off the previous downtrend at...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 12:00 #usdchf
USD Expected to Gather Further Traction – Danske Bank Thomas Harr, Global Head of FICC Research at Danske Bank, believes the greenback could edge higher in the next periods. Key Quotes “The market has become overly pessimistic on US growth in our view”...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:58
NZD/USD Flirts with 0.68 Handle Amid Oil-Price Rally The recovery in the NZD/USD pair gained further traction in the European session, as markets shrugged-off weaker Chinese data dump and cheered a fresh rally in the oil prices. NZD/USD: A break of 0...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:56 #nzdusd
GBP/USD Bearish Below 1.4300 – UOB The research team at UOB Group sees GBP/USD's downside accelerating below the 1.4300 handle. Key Quotes “While the breach of 1...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:53
Steady Up-Move in Oil Continues to Hinder Recovery for USD/CAD Tracking a surge in crude oil prices to a fresh six-month high, the USD/CAD pair has witnessed a steady decline towards 1.2900 handle...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:50
USD/JPY Clings to Gains Near 108.80 The rally in the greenback seems to be losing some momentum on Monday, with USD/JPY clinging to gains in the 108.80 area. USD/JPY gains capped near 109.00 The pair has almost faded the overnight spike to the boundaries of 109...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:46
EUR/USD Fails to Resist above 50-DMA, Back to Square One A renewed bout of buying interest seen around the EUR appears to wane over the last hour, with the EUR/USD pair reversing a spike to daily highs printed above 50-DMA. EUR/USD deflates from 1.1330 Currently, EUR/USD trades modestly flat at 1...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:44
GBP/USD Forecast: Eyeing 1.4250 The British Pound consolidates near its recent lows against the greenback, with the pair confined to a tight 40 pips range ever since the day started, but overall, with the bearish trend firm in place, given that the pair broke last Friday, below the 61...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:37
Oil higher but FTSE static By Brenda Kelly The oil market has very swiftly made an about-move in recent days...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:34
EUR/USD Forecast: Bouncing, but Downward Risk Prevails The EUR/USD pair has bounced modestly from the 1.1285 low posted last Friday, so far struggling to overcome the 23.6% retracement of the latest daily decline between 1.1446 and the mentioned low around 1.1320...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:30
EUR/GBP Climbs to Session High of 0.7890, Remains Trapped in a Range The EUR/GBP pair has been steadily inching higher and as the London trading session gets underway has now moved to session peak level of 0.7890...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:27
EUR/USD Climbs to Session High of 1.1325 Amid Thin Liquidity On the first day of a fresh trading week, the EUR/USD pair is witnessing a quiet and steady session amid low liquidity conditions on the back of bank holiday in France and Germany in observance of Whit Monday...
Analytics & Forecasts
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Roberto Jacobs, 16 May 2016, 11:21