USD/JPY Extends Recovery Above 114, USD Picks-up Pace 03 Maret 2016 4:33 AM The ongoing recovery in the USD/JPY pair found fresh legs over the last, pushing the prices back above 114 handle...
FXWIREPRO: EUR/AUD Breaks Below 1.49 Handle, Hits Fresh 2016 Lows at 1.4843 03 Maret 2016 11:16 AM EUR/AUD extends downside, breaks below 1.49 handle to hit fresh 2016 lows at 1.4843. Upbeat Australian trade balance data and risk-on rally in Asian markets buoy the Aussie...
USD/CNY Remains Well Supported Below Key Resistance at 6.5525 03 Maret 2016 11:06 AM Pair is currently trading around 6.5508 levels. It made intraday high at 6.5508 and low at 6.5459 levels. Today China's Caixin Services Purchasing Managers' Index (PMI) fell from a six-month high of 52...
US: After Stronger ADP, ISM Non-Manufacturing in Focus Today – Westpac 03 Maret 2016 4:18 AM Sean Callow, Research Analyst at Westpac, notes that the US dollar softened in NY trade, helping AUD/USD extend its GDP-driven gains to touch 0.7300 for the first time since 4 January...
AUD/NZD Fails to Resist Above 200-DMA 03 Maret 2016 3:07 AM The Australian dollar managed to recover lost footing versus its OZ neighbour over the last hours, although AUD/NZD struggles to extend on the bids...
China: Caixin Services PMI Unexpectedly Drops in Feb 03 Maret 2016 1:57 AM Caixin Purchasing Managers’ Index (PMI) report showed that the Chinese services sector activity expanded at a slower pace last month, surprising markets to the downside...
AUD/USD Hits New 2016 Highs above 0.73, Ignores China PMI 03 Maret 2016 2:21 AM The AUD/USD pair reversed losses and swung back into the positive territory above 0.73 handle, extending the rally into the third day. AUD/USD sees almost 30-pips recovery Currently, the AUD/USD pair gains 0...
EUR/USD Offered at 1.0875, Eyes Tuesday’s Low 03 Maret 2016 4:08 AM The bid tone surrounding the USD is seen gathering pace, sending EUR/USD to fresh session lows near the mid-point of 1.08 handle. EUR/USD trades below all major DMAs Currently, EUR/USD trades -0...
Britain will hold a referendum over whether to stay in or leave the EU on 23 June. Current polls point to a very close vote. Brexit is not our base case, but the probability we assign to it – 30% to 40% – makes it a material risk...
Pivot Points-Hourly Last Updated: Mar 2, 10:30 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08195 1.08404 1.08541 1.08613 1.0875 1.08822 1.09031 USD/JPY 112.616 113.056 113.22 113.496 113.66 113.936 114.376 GBP/USD 1.40161 1.40425 1.40585 1.40689 1.40849 1.40953 1.41217 USD/CHF 0.99278 0...
Support & Resistance - Update on IndexesLast updated: Mar 2, 7:27 pm +03:00 S - Strong | M - Moderate |...
FXWIREPRO: USD/CAD Heads Southwards As Crude Oil Prices Rebound 03 Maret 2016 12:19 AM Canadian dollar firmed against US dollar on Wednesday, after Canadian dollar gathered some momentum after crude oil price rebounded erasing a brief dip after data showed huge build in US crude stockpiles...
China Gets Downgraded and Chinese Stocks Rally 4% Talking Points: - Moody’s downgraded China’s outlook to negative from stable; this was not a downgrade on debt, but a downgrade on outlook. This is an important distinction that we explain below...
GBP/USD Backs off From 23.6% Fibo Level After Upbeat US ADP Report 02 Maret 2016 1:37 PM The GBP/USD pair backed off from the session high of 1.4032 (23.6% of 1.4669-1.3835) after the ADP report released just now showed the private sector employment growth gained pace in February. Stays above 1...
EUR/USD Weaker, Visits 1.0840 on ADP 02 Maret 2016 1:25 PM The shared currency keeps the negative bias today, with EUR/USD briefly testing fresh lows in the 1.0840 region post-ADP. EUR/USD still in red after ADP, attention to Beige Book Spot is visiting daily lows around 1...
USD/JPY Climbs to Fresh 2-Week Highs After ADP Report 02 Maret 2016 1:22 PM USD/JPY stretched to fresh 2-week highs as the dollar received a mild boost from an upbeat ADP reading two days before the nonfarm payrolls report...
USD/JPY: Buy the Pullbacks to 112.00 – Westpac 02 Maret 2016 12:43 PM Strategists at Westpac have suggested buying the pair on drops towards the 112.00 handle...
The angst that characterized the first several weeks of the year continues to dissipate. Major equity markets are extending their two-week recovery into a third week. Immediate concerns about the US falling into a recession have eased...
