Technical Analysis of GBP/CHF for May 13, 2016 Technical outlook and chart setups: The GBP/CHF pair is now starting to accelerate lower, and is trading at 1.3988 levels at this moment. The pair was drifting sideways after printing 1.4074 highs yesterday...
Technical Analysis of Silver for May 13, 2016 Technical outlook and chart setups: Silver is seen to be trading at $17.10 for now, after testing $16.88 level yesterday. The wave structure indicates that the metal is likely to push lower below $16.80 from the current levels...
Technical Analysis of Gold for May 13, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,275.00 levels at this moment, looking for a certain direction for the next move. The metal needs to either break above $1,280.00 levels or below $1,256...
USD/JPY Now Eyes 109.70 – UOB The pair’s outlook now allows for a test of the 109.70 area, according to analysts at UOB Group...
EUR/USD Door Open for a Test of 1.12 – Westpac Richard Franulovich, Strategist at Westpac, sees the pair retreating to the 1.12 neighbourhood. Key Quotes “EUR should continue to ease, possibly as far as 1.1200 before it finds some stability”...
EUR/USD Depressed Near 1.1340 ahead of US Data The European currency keeps its negative note today, sending EUR/USD to the lower bound of the range in the 1.1340 area...
EUR/USD Forecast: Fresh Lows, Looking for 1.1250 The EUR/USD pair fell to 1.1328, a fresh weekly low, following the release of German data, showing that inflation remains within deflationary territory, down by 0.4% monthly basis, and -0.1% compared to a year before...
Today we can see the signs of #USDCAD recovery, despite the general upward trend of #oil. It is recommended to place the opening stop order at 1.3017 and wait for its breakthrough. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers...
The single currency continued to lose ground against the U.S. dollar. Bears managed to take quotes of #EURUSD below the support line, which greatly reduces the chances of growth resumption. At the same time, bulls still have a trump card. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, May 13th GBP/USD have returned and consolidated on bottom of 1.44 level...
USD/JPY Consolidates Below 109 ahead of US Data The USD/JPY pair is seen consolidating the downside below 109 levels, with the bears taking a breather heading closer towards the US macro dataflow. USD/JPY regains 5-DMA at 108.79 Having fond solid support ahead of 108...
GBP/USD Weaker, Challenging 1.4400 The sterling is trading on the defensive at the end of the week, with GBP/USD now hovering over the 1.4400 neighbourhood. GBP/USD attention to US releases The pair has dropped to 3-week lows in the 1.4380/70 band although it has later managed to regain the 1...
GBP/USD Forecast: Still in Range, Risk Turned South The GBP/USD pair fell on the back of increasing risk aversion, hitting 1.4378, a few pips above this week low and the 61.8% retracement of the latest bullish run around 1.4370...
Will US Retail Sales be a Catalyst for the Dollar? Market Overview There has been a hint of move towards more of a safe haven preference overnight as the yen has started to regain ground again and the gold price has been supported and the dollar is looking to gain ground...
EUR/USD Keeps the Red Around 1.135 Post-GDP, US Data Eyed The recovery from above 50-DMA stalled near 1.1355 region in the European session, with EUR/USD consolidating the downside, paying little attention to the sluggish Eurozone GDP numbers...
USD/CAD Off Highs, Back to 1.2850 The Canadian dollar has trimmed part of its initial losses vs. its American peer on Friday, now taking USD/CAD to the mid-1.2800s. USD/CAD focus on US data, oil Spot has lost upside momentum after testing 1...
USD Could Extend its Rally Next Week – Westpac Richard Franulovich, Strategist at Westpac, sees the greenback could gather further traction in the next week...
USDJPY remains capped beneath resistance from the 61.8% retracement at 109.47, notes Credit Suisse Techs. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...