EUR/USD keeps intact the congestive pattern around the 1.1350 area on Thursday, stabilizing after recent tops above the 1.1500 handle. EUR/USD focus on US data The pair remains sidelined and keeps ignoring the headlines from Greece, following the recent failure in the EU-Greece debt negotiations...
USD/CAD shaved-off previous and dropped during the European session as the USD bulls took a backseat amid rising oil prices which boosted the loonie. Back below 1.2600 levels Currently, the USD/CAD edged lower by -0.57% at 1.2559 levels, having posted fresh session lows at 1...
Possible Parice pattern for next week breakout will bring more upside will confirm start of Wave 5 ..towards $63 where Price will tend to drop after U.S supply news...
The buying interest is growing bigger around the sterling on Thursday, boosted by the hawkish tone struck by Govenor M.Carney in today’sQuarterly Inflation Report...
The Russian currency rallied and stocks surged after the leaders of Russia, Ukraine, Germany and France reached a deal on a cease-fire in Ukraine from midnight, Feb.15...
European shares surged on Thursday morning after Russian President Vladimir Putin said a deal was reached in Ukrainian peace negotiations and a ceasefire would start on Feb 15, says Reuters...
Gold regained ground on Thursday after hitting five-week low on Wednesday, as negotiations between Greece and European Union officials failed to progress on a way forward to allow Athens to get a needed funding program in place before the end of the month...
Overnight, the Greek bailout crisis has taken a disappointing turn, after yesterday’s eurogroup meeting in Brussels failed to agree a blueprint for future talks...
Hong Kong’s central bank has warned people against investing in virtual currencies like Bitcoin. The decision came after the bank across with local media reports that a Bitcoin exchange may have run off with $387 million in client funds. This is expected to be one of the biggest Bitcoin scandal...
Amid high Supply news around headlines prices still look for upside in hopes more supply will rise at high prices so traders look to sell at maximum high prices for next cooming months...
On Thursday the Australian dollar dropped sharply on disappointing jobs data that underlined a vulnerable view on economic recovery and on continued turmoil in Greece bailout talks...
USD/CAD advanced gradually in the Asian session and defends mild gains, as the loonie continues to remain pressured on lower oil prices. 1.2700 eyed Currently, the USD/CAD traded higher by 0.0.7% at 1.2641 levels, having posted fresh session highs at 1.2646 levels some minutes ago...
The world is still waiting for any news out of Europe as the North American trading session hands the baton to Asia which will have a couple of Kiwi and Japanese economic releases this evening. Due to the waiting game most investors were playing, many markets failed to provide much excitement...
CRUDE OIL - With price extension seen on Wednesday, further downside pressure is likely. On the downside, support lies at the 48.00 level where a break will expose the 47.00 level. A break will aim at the 46.00 level and then the 45.00 level...
Emmanuel Ng of OCBC Bank, notes that with AUD/USD expected to remain in doldrums intra-day, the nearest support to break for the pair is 0.7625, before moving lower towards 0.7600...
WTI oil futures on the Nymex rebound from weekly lows and edged higher during the Asian session on profit-taking on short positions after the recent slump. Remains below USD 50/ barrel Currently, WTI gained 1% and traded at USD 49.34/ barrel, having fallen to fresh weekly lows at 48...
According to Chris Capre, Founder at 2ndSkies Forex, only a daily close above 1245 in Gold negates the bearish bias ST...
The Australian dollar falls against its Oz counterpart in the Asian session, extending its long run of losses, largely on AUD weakness. Supported above 1.0400 Currently, the AUD/NZD pair traded at 1.0428 levels, -0.44% lower on the day, having slumped to fresh five week lows at 1...
EUR/USD is currently trading at 1.1314 with a high of 1.1353 and a low of 1.1302. EUR/USD has moved into a sideways drift now that the dust has settled, for the time being, post Eurogroup's meeting with Greek delegates and FM Yanis Varoufakis...
