EUR/GBP Looks for Direction Near 0.7900 EUR/GBP is now extending its consolidative theme around the 0.7900 handle amidst a softer tone in both the sterling and the single currency...
EUR/USD Under Pressure Below 1.1400 in Early Europe The EUR/USD pair keeps pushing lower and now hovers near fresh weekly lows, having failed yet again to sustain above 1.14 handle. EUR/USD capped below 1.1400 Currently, EUR/USD trades -0.07% lower at 1...
Short NOK/SEK: CPI Numbers Likely to Cause SEK to Outperform - Nomura Research Team at Nomura, suggests that the Norges Bank meeting and Swedish CPI data released this week present an opportunity for an RV trade...
EUR/JPY Takes-Out Monday’s High, 124 Back on Sight? The EUR/JPY cross extends its bullish run into a second day today, reversing almost a quarter of BOJ’s inaction-led slide, as the yen drops sharply across the board amid risk-on. EUR/JPY drops on broad yen weakness The EUR/JPY pair now rises 0...
FxWirePro: Japanese Yen Hits Fresh Weekly Low Against US Dollar, Intraday Bias Remains Bullish USD/JPY is currently trading around 108.72 marks. It made intraday high at 108.82 and low at 108.27 levels. Intraday bias remains bullish for the moment. A daily close below 108...
Guide to Today's Important Data and Events Lots of economic dockets scheduled for today and all with low to medium risks associated. Data released so far – China – Consumer price index declined -0.2% in April, up 2.3% from a year back. Producer price index declined -3.4% y/y. Upcoming –...
USD/JPY Extends Gains in Tandem with Nikkei, Nears 109 The bulls gathered pace over the last hour, now pushing USD/JPY back towards 109 handle as strong gains on the Japanese indices further fuel risk-on moods in the markets...
Hello Friends, I am sharing with you a stable trading idea with you. If you follow this idea, there is a good chance to make profit. Before follow this trading idea, please follow the below instruction which I am following personally. 1...
Short CAD/NOK – Deutsche Bank Research Team at Deutsche Bank, suggests going short on CAD/NOK pair as their G10 trade idea of the week for the target of 6.00 while maintaining a stop of 6.50 and entry level being 6.3350...
FxWirePro: Singapore Dollar Hits Fresh Monthly Low Against US Dollar, Intraday Bias Remains Neutral USD/SGD is currently trading around 1.3714 marks. It made intraday high at 1.3729 and low at 1.3703 levels. Intraday bias remains neutral for the moment. A sustained close above 1...
ASX200 Trades Well Above 5300, Jump Till 5380/5420 Is Possible Major resistance - 5375 Major Support - 5200 ASX200 pares early losses today morning after making a low of 5286 at the time of writing.It is currently trading at 5333. Short term trend is slightly bullish as long as support 5250 holds...
China: No Support for Growth by Adding Leverage - Nomura Research Team at Nomura, notes that according to yesterday’s official People’s Daily, an “authoritative” person who was not identified indicated that China should not support growth by adding leverage...
AUD/USD Building on China CPI-Led Gains, Eyes 100-DMA The bid tone around the AUD keeps growing bigger as we head towards the late-Asian trades, now taking AUD/USD closer towards 100-DMA located at 0.7348. AUD/USD extends higher from 0.7320 Currently, the AUD/USD pair rises 0...
Gold Attempts Recovery from 9-Day Lows, Near $ 1265 The yellow metal stalled its recent selling spiral and now swings back on the bids, staging a minor pullback from nine-month troughs as the USD buying eased this Tuesday. Gold holds above $ 1260 Currently, gold trades modestly flat at 1265...
Nikkei Jumps on Weaker Yen, Rest of Asia Wobble Post China CPI Following the release of in-line with expectations Chinese inflation report, risk sentiment somewhat improved across the Asian markets, with the Japanese stocks rebounding sharply on yen’s relative weakness...
USD/JPY Hits New Weekly Highs, 109.00 Eyed USD/JPY continues its relentless move north, now breaking above yesterday's high at 108.60, resulting on new highs reached at 108.78, as the Nikkei 225 soars, last +1.43...
NZD/USD Fresh Bids Emerge Near 100-DMA on China Data The bears took a breather from their downward spiral following the release of a touch better Chinese CPI and PPI figures, now allowing a tepid-bounce from two-month troughs. NZD/USD holds above 100-DMA support at 0...
Nikkei225 Breaks Minor Resistance 16300, Jump Till 16600/16800 Is Possible Major intraday resistance - 16300 (55 day 4H EMA) Major support - 15800 (May 4th 2016) Nikkei index has broken major intraday resistance 16300 and jumped till 16477 at the time of writing...
FxWirePro: USD/KRW Breaks Key Resistance at 1176, a Break Above Targets 1193 USD/KRW is currently trading around 1173 levels. Intraday bias remains bullish till the time pair holds key support at 1162 levels...
