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Leveraged Funds Reduced Short USD Positions - ANZ The ANZ Team shares summarizes the latest positioning data for the week ending 17 May 2016, noting that Leveraged funds continued to be short for the USD for a fourth straight week, although these short positions were reduced by USD0...
FxWirePro: NZD/USD Holds Cloud Support, Targets 50-DMA at 0.6832, Good to Buy Dips NZD/USD is extending recovery from 2-month lows at 0.6709 hit on 19th May and is attempting to retake the 0.68 handle. The pair has broken above 5&10 DMAs and is on track to test 50-DMA at 0.6832...
Guide to Today's Important Data and Events Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Data released so far – Japan – Nikkei manufacturing PMI weakened to 47.6 for May. Upcoming –...
AUD/USD: Buyers in Control, 200-DMA a Whisker Away Having found solid support near 0.7220 region in early trades, the AUD/USD pair extends its recovery phase from multi-week troughs and now looks to regain 200-DMA amid broad based US dollar weakness...
Gold Halts 3-Day Slide, Rebounds in Asia Near $ 1255 Gold kicked-off the week on a stronger footing and ticker higher in the Asian trades amid tumbling Japanese stocks and a moderately lower US dollar across the board. Gold eyes $ 1260 Currently, gold trades 0.19% higher at 1254...
USD/JPY Bounces-Off 50-DMA Support, Re-Attempts 110? The USD/JPY pair is seen making minor-recovery attempts from a drop to 50-DMA support located at 109.65, as markets digest the latest comments from the BOJ officials amid weaker Japanese datasets...
Nikkei 225 Under Pressure, Bargain Hunting at Lows The Japanese benchmark index Nikkei 225 has been under constant pressure ever since the Tokyo open, and after trading at a day low circa 16,450.00, falling as much as -1.40%, the index is now on recovery mode, down 1...
Asian Markets Mix After G7 Meetings, Gold steady Above $1250 All the major Asian indices are trading on a mix note on the start of a new week. Today Japan released trade balance data with positive numbers and USD/JPY remains well supported below 110.00 marks...
FxWirePro: AUD/USD Breaks Minor Resistance at 0.7230, Good to Buy Dips AUD/USD is currently trading around 0.7250 levels, intraday bias is higher. After a brief dip below 61.8% Fib at 0.7212 on May 19th, the pair has pulled back above...
FxWirePro: AXS200 Struggles to Close Below 5300, Good to Buy at Dips Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has taken support near 21 day MA and slightly jumped till 5360 at the time of writing. It is currently trading at 5355...
EURUSD Daily Forecast: May 23 2016 EURUSD Forecast The EURUSD continued its bearish momentum last week bottomed at 1.1179 as a part of the shooting star bearish scenario as you can see on my daily chart below...
GBPUSD Daily Forecast: May 23 2016 GBPUSD Forecast The GBPUSD attempted to push higher last week topped at 1.4663 but closed lower at 1.4497. As you can see on my daily chart below, the daily EMA 200 and 1.4700 region is a key resistance at this phase...
USDJPY Daily Forecast: May 23 2016 USDJPY Forecast The USDJPY continued its bullish momentum last week topped at 110.58 but closed lower at 110.14 and hit 109.85 earlier today...
USDCHF Daily Forecast: May 23 2016 USDCHF Forecast The USDCHF continued its bullish momentum last week topped at 0.9926. The bias remains bullish in nearest term testing 1.0000. Immediate support is seen around 0.9860...
USDJPY: Having closed higher for a third consecutive week, further bullish offensive is envisaged. However, with price hesitation seen on price we could see it weaken in the new week though with caution. On the downside, support comes in at the 109...
Pivot Points WEEKLY Last Updated: May 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.091 1.10787 1.11473 1.12474 1.1316 1.14161 1.15848 USD/JPY 105.456 107.581 108.835 109.706 110.96 111.831 113.956 GBP/USD 1.38334 1.41648 1.43297 1.44962 1.46611 1.48276 1.5159 USD/CHF 0.94788 0.96662 0...
Pivot Points Daily Last Updated: May 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11339 1.11748 1.11953 1.12157 1.12362 1.12566 1.12975 USD/JPY 108.69 109.429 109.759 110.168 110.498 110.907 111.646 GBP/USD 1.42753 1.44028 1.44487 1.45303 1.45762 1.46578 1.47853 USD/CHF 0.98396 0...
Pivot Points Hourly Last Updated: May 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12024 1.12101 1.1213 1.12178 1.12207 1.12255 1.12332 USD/JPY 109.84 109.983 110.036 110.126 110.179 110.269 110.412 GBP/USD 1.44705 1.44824 1.44885 1.44943 1.45004 1.45062 1.45181 USD/CHF 0.98669 0...
Dow Jones Forecast Today on this Dow Jones Forecast I'll share you a great correlation that this index is having with... himself! The next days will probably be perfect to open a short position. Two weeks ago I shared others clues supporting the bear trend in front of us...
