GBP/JPY: Bearish Momentum Stalls Near 23.6% Fibo Level The bears gained an upper hand on Monday, but failed to push the GBP/JPY cross below 160.32 (23.6% of 175.02-155.78) levels...
EUR/CHF on the Rise, 1.10 Closer The Swiss franc continues to depreciate vs. its European peer on Monday, now sending EUR/CHF to test daily highs near 1.0970. EUR/CHF eyes on ECB meeting The cross is navigating 2-week highs in the upper-1...
Australian Dollar Recovers Against Majors The Australian dollar trimmed its early losses against its major rivals in Europe on Monday. The aussie bounced off to 0.7430 against the greenback, 1.4743 against the euro, 84.39 against the yen and 0.9925 against the loonie, from its previous lows of 0...
EUR/USD Unable to Pick-up Pace EUR/USD made a tepid attempt to recover ground but failed to gather momentum and remained capped by the 1.0975 zone. EUR/USD retreated from Friday's peak and steadied around the 1.0950 level as investors continue to digest US employment data...
AUD/USD Regains 0.7400 and Above The buying interest seems to have now returned to the Aussie dollar, sending AUD/USD through the 0.7400 handle. AUD/USD supported near 0.7390 Spot is extending last week’s strong rebound from the 0...
EUR/JPY Off Lows, but on a Back Foot The EUR/JPY recovered from the daily low of 124.24 levels, but remains weak on the day around 124.47 (23.6% of 132.29-122.06). Weak stocks weigh European stocks are down almost 1% on the day and that is keeping the bid tone around the safe haven JPY intact...
EUR/USD Dips Below 50-DMA as US Dollar Finds Bids The US dollar is trimming Friday’s losses across the board, courtesy of which the EUR/USD pair has dipped below its 50-DMA located at 1.0975. Tests confluence of 10-DMA and 50% Fibo level The pair fell to 1...
EUR/GBP Unchanged in the Low-0.7700s Calm waters in both the sterling and the shared currency are motivating EUR/GBP to keep the trade just above the key 0.7700 support on Monday. EUR/GBP well supported near 0.7700 The European cross has found pretty decent support around the 0...
FXWIREPRO: USD/JPY Rangebound, Sees Strong Support at 113.30 07 Maret 2016 1:18 PM USD/JPY has been trading a rising wedge pattern and finds strong support at 113.30 (wedge base). Appetite for risk seen lacking in the markets following China's announcement of lower GDP target range (6...
GBP/USD: Bulls Taking a Breather After 5-Day Rally The GBP/USD pair is trading in the sideways manner above 1.42 levels after rallying for five consecutive sessions...
USD/JPY Attempts Tepid-Recovery from 113.50 Having bounced-off a dip to 113.50 levels pre-China open, the USD/JPY pair now continues to move back and forth in a slim range amid mild risk-off seen in Asia so far. USD/JPY supported at 113...
AUD/NZD Attacks 1.0900 Amid Cautious Asia The AUD/NZD cross cane under renewed selling pressure over the last hours, and now tests 1.09 handle as the AUD remains weaker against its OZ neighbour. AUD/NZD faces stiff resistance near 1.0925 region Currently, the AUD/NZD pair trades -0...
EUR/USD cautious start to the ECB week, Below 1.1000 The EUR/USD pair witnessed a minor bearing opening gap this Monday, falling nearly 20 pips form above 1.10 handle, and now extends further to the downside amid broad based US dollar recovery. EUR/USD capped by 1...
NZD/USD Could be a Keeper, but Eyes on RBNZ - Westpac Imre Speizer, analyst at Westpac explained that the positive reversal in global risk sentiment in mid-Fed accelerated last week, pushing most equity and commodity markets higher. As a result, high-yielding risky currencies have outperformed...
AUD/JPY: Tracking the Upside but Overdone? AUD/JPY is currently is trading at 84.33 with a high of 84.53 and a low of 84.09. AUD/JPY has tracked the recovery in of both USD/JPY and the Aussie...
Investors are focusing their attention on February’s US jobs report which will be released at 13:30 GMT. We are expecting the Nonfarm payrolls which is expected to rise from January’s disappointing 151 to 190, the unemployment rate and inflation of wages is expected to remain unchanged at 4...
USD/CAD Consolidates in the Low-1.3400s, Payrolls eyed The Canadian dollar is giving away some of its recent gains vs. the greenback, with USD/CAD now meandering a narrow range in the 1.3415/10 region...
USD/JPY: Recovery Picks-up Pace, Nears 114 The USD/JPY pair found good support near 113.25 region and swung back higher, in response to the renewed rally seen in the Chinese equities. USD/JPY takes-out support-turned resistance 20-DMA at 113...
