EUR/USD Still Below 1.1500 Ahead of Draghi EUR/USD keeps its upside bias unchanged on Monday, although a break above the 1.1500 barrier still remains elusive. EUR/USD now looks to Draghi, US ISM The pair navigates the area of 2016 peaks around 1...
FxWirePro: EUR/USD 3M IV Regime Covers ECB, FED and UK Referendum, Huge Divergence Between Spot and Risk Reversals The 3M implied volatility had almost reached below 8%. It is now appeared at a threshold between two price-action regimes, in a long run IVs of this pair is flashing in average of 9...
USD/JPY Supported by 105.86/23 – Commerzbank Senior Technical Analyst at Commerzbank Axel Rudolph sees the pair well supported in the 105.86/23 area. Key Quotes “USD/JPY drops towards the 106.63 38.2% Fibonacci retracement of the move up from 2012 and the 200 month and week moving averages at 105...
USD/JPY Inches Back Above 106.50 Level After a minor dip back to session low, the USD/JPY pair resumed with its recovery from multi-month lows to currently trade near 106.60...
EUR/USD Upside Capped? – Danske Bank In opinion of Jakob Christensen, Chief Analyst at Danske Bank, the pair’s upside appear limited in the near term...
GBP/USD Keeps Highs Around 1.4640 The sterling keeps its buoyant tone on Monday, taking GBP/USD to daily highs in the 1.4635/40 band for the time being...
FxWirePro: EUR/AUD Extends Upside Into Daily Cloud, Focus on RBA Rate Decision EUR/AUD extends upside into daily cloud after breaking strong trendline resistance at 1.4835 on last Wednesday's trade...
GBP/JPY Attempting a Recovery, Moves Above 156.00 Mark The GBP/JPY pair managed to extend its minor recovery and is currently trading at the high point of the day, back above 156.00 level. Last week, the pair got slammed from 162.57 to nearly 155.00 mark in just two day on BoJ disappointment...
USD/CAD Remains Capped Below 1.2560, US Data Eyed The USD/CAD pair extends its side-trend into Europe, oscillating in 30-pips slim range amid subdued trading seen in the oil prices, as attention now turns towards the US data lined up for release later today...
USDCAD: Dip Towards 1.19/20 a Nontrivial Risk in the Interim - TDS Research Team at TDS, suggests that tracking for Q1 real GDP growth continues to run ahead of the Bank of Canada's 2.8% forecast (TDS: 2.9%) which will help offset the implicit drag on activity from a stronger CAD...
NZD: Inflation is All-but Dead - TDS Research Team at TDS, notes that the NZ’s inflation is all-but dead (Q1 +0.4%/yr) while no-one is yet talking about the relevance of the RBNZ's 'calculated' core measure (Q1 unchanged at +1.6%/yr...
Gold Taps $1,300 Level Gold prices climbed to session high level of $1302, finally managing to reclaim $1300 mark for the first time since January 2015...
Green Light for USD/CAD Weakness Still in Place - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the green light for USD/CAD weakness still in place, the pair likely to trade down to 1...
US Jobs Data is the Highlight of the First Week of a New Month - BBH Research Team at BBH, suggests that the US jobs data is typically the data highlight of the first week of a new month. It has lost its mojo...
US Dollar Drops to Lows Near 92.80 The greenback, tracked by the US Dollar Index, remains depressed today, currently testing the area of 92.80, or daily lows...
Chart:http://bi0l.blogspot.com/2016/05/eurusd-intraday-forecast-technical-side.html Calculated levels today: Support (S1 / S2 / S3 = 1,1378 / 52/10), resistance (R1 / R2 / R3 = 1.1461 / 87 / 1.1528). Key support levels (1st from 1.1327 to 1.1410 late in the day, the 2nd of 1.1319 to 1.1364...
AUD/USD: Upside Gathers Pace Ahead of RBA, 0.7670 Eyed The AUD/USD pair once again found fresh bids near 0.7595 region and bounced back higher above 0.76 handle, now flirting with highs around 0.7630. AUD/USD: RBA, economic releases in focus Currently, the AUD/USD pair advances 0...
USD/CHF Rejected from 0.9600 Handle, Turns Negative The USD/CHF pair got rejected from 0.9600 handle and erased all of its early Monday gains to drift back into negative territory and trade near day's through...
USD Remains on its Backfoot on a Cautious Fed - TDS Research Team at TDS, suggests that the US economic backdrop has softened in recent months, and the weakening in consumer spending momentum suggests that underlying domestic fundamentals have deteriorated...
