GBP/JPY Breaks Through 157.00 Level ahead of UK Manufacturing Data The GBP/JPY pair's reversal from 158.00 handle gained momentum, dragging the pair back below 157.00 level just ahead of the UK manufacturing and industrial production data...
EUR/GBP Rebounds to 0.7900 Handle ahead of UK Production Data The EUR/GBP pair rebounded from 20-day SMA support near 0.7865 level and is currently trading just below 0.7900 handle ahead of UK industrial production data...
There really is not much to report, relatively quiet weak all emerging market currencies are showing signs of weakness, TRY and ZAR seem to be in a tight spot as local politics and fundamentals squeeze investors out...
What if #DonaldTrump becomes the U.S. president? The elections in the USA will surely be reflected in the financial markets, and that is why we are interested in this topic. Trump is the most contentious and controversial candidate. Find out more by checking out the Source Link...
Today’s Trading Idea: Gold Sell @ 1271 sl 1283 tp 1257 EurUsd sell @ 1.1385 sl 1.1435 tp 1.1315 GBPUSD sell @ 1.4445 sl 1.4485 tp 1.4385 Hello Friends...
The Dollar Bottom – Goldman Sachs US Economics team of Goldman Sachs on Friday trimmed their expectations for Fed hikes, dropping the June hike for next month and removing a March hike from 2017...
FxWirePro: Go Long on XAU/USD Above $1268 With Stop Loss at $1262 and Target of $1277 XAU/USD is currently trading around $1269 mark. It made intraday high at $1264 and low at $1271 levels. Intraday bias remains bullish till the time pair holds immediate support at $1262 marks...
EURUSD Daily Forecast: May 11 2016 EURUSD Forecast The EURUSD had another indecisive movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1275 – 1...
GBPUSD Daily Forecast: May 11 2016 GBPUSD Forecast The GBPUSD had another indecisive movement yesterday. The bias remains bearish in nearest term testing 1.4350 – 1.4300 as a part of the bearish scenario after the false break above the daily EMA 200 as you can see on my daily chart below...
USDJPY Daily Forecast: May 11 2016 USDJPY Forecast The USDJPY continued its bullish momentum yesterday topped at 109.34. The bias remains bullish in nearest term testing 110.00 – 110.65 area. Immediate support is seen around 108.60...
USDCHF Daily Forecast: May 11 2016 USDCHF Forecast The USDCHF had a bullish momentum yesterday topped at 0.9762. The bias remains bullish in nearest term testing 0.9795. A clear break and daily close above that area could trigger further bullish scenario this week targeting 0.9915 or higher...
AUD/USD Keeps the Red, Flirts with 100-DMA The Australian dollar keeps losses and languishes near lows versus its American counterpart in mid-Asia, with AUD/USD almost losing sight of 0.74 handle. AUD/USD rejected ahead of hourly 100-SMA at 0.7383 Currently, the AUD/USD pair drops -0.20% to 0...
EUR/GBP: Forming a Probable H&S - SocGen Research Team at Societe Generale, suggests that the EUR/GBP embarked on a steady uptrend after testing key support at 0.70/0.68 and achieved upper bound of a multiyear descending channel at 0.81/0.8150...
JPY: Verbal Intervention Continues, Ahead of G7 Meetings - Nomura Yujiro Goto, Research Analyst at Nomura, notes that the USD/JPY has been recovering after breaching 106 last Tuesday, without clear catalysts...
NZD/USD Supported Around 0.6800, 50-DMA Eyed Following the release of RBNZ financial stability report (FSR), the NZD/USD pair continues to consolidate the upside around 0.68 handle against the back drop of falling oil prices. NZD/USD finds stiff resistance around 0...
Asia Turns Risk-Averse, Tracks China Stocks Lower A major turnaround in the risk conditions after a negative Chinese open, weighed dramatically on rest of Asia, with the yen bulls back in form amid deteriorating risk sentiment...
EUR/JPY Meets Fresh Supply Post-China Open, Gives Up 124 The EUR/JPY cross retreated sharply from weekly tops and now trades below 124 handle, as a sudden change in risk conditions after negative start to the Chinese equities, bolstered the safe-haven flows for the yen...
FxWirePro: ASX200 Retreats After Making a High of 5430, Good Ot Buy at Dip Major resistance - 5380 Major Support - 5200 ASX200 pares early gains today morning after making breaking a major resistance of 5380 and jumped till 5430 at the time of writing.It is currently trading at 5386...
FxWirePro: Kiwi Gains As RBNZ Announces New Policy on Property Market AUD/NZD is trading around 1.0806 marks. Pair made intraday high at 1.0886 and low at 1.0797 marks. The RBNZ on Wednesday said it will consider more steps to help New Zealand's overheated property market...
