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GBPUSD: Threatening Further Upside Short Term GBPUSD: Having GBPUSD taken back its losses to close higher on Tuesday, further bullishness is envisaged. On the downside, support lies at the 1.4550 level where a break will turn attention to the 1.4500 level. Further down, support lies at the 1...
GBP/USD Flirting with 1.4650, Highest Since Jan 6th Once Above... GBP/USD has been on a steady rise in Asia hours, with bulls currently threatening with the prospects of a break through 1...
NZD/USD Bulls Committed, Targeting 0.7025 NZD/USD is currently bid on the daily sticks and combating the downside from the 2016 highs on the 0.70 handle scored earlier in the week at 0.7053 on the back of the RBNZ staying put. NZD/USD: too high, expecting one more cut - UOB U.S...
AUD: Lower Commodity Prices Mask Iimproved Trade Integration with East Asia - NAB Research Team at NAB surveyed Australian business integration with East Asia in September 2014 and China in December 2015 and noted that the recent headline trade data indicate a reversal in the decades-long process...
JPY: Back to Plan A - TDS Ned Rumpeltin, European Head of Currency Strategy at TD Securities, suggests that the April BoJ policy decision is now one of a growing list of central bank outcomes that has caught market participants wrong-footed in recent months...
FxWirePro: AUD/JPY Holds Above Cloud Base at 82, Break Below Could Test 81.30 AUD/JPY extends slump post BoJ surprise to hit fresh 3-week lows at 81.73. The pair finds strong support at 82 levels which is a psychological barrier and daily cloud base...
Gold: Milestone Week? 200-Weekly MA Defenders Giving in... Gold has caught, yet again, another strong bid tone, with today's highest at $1,276...
USD/JPY Accelerates Further, 107.00 a Whisker Away USD/JPY continues to fall further in Asian trade amid thinner than usual liquidity conditions with Japan traders taking a day off celebrating 'Showa Day'...
USD/JPY: Downside Towards 106.63 to Play for USD/JPY is threatening the commitments of the bulls below the 108 handle still and the Yen retains the top spot on the board after yesterday's BoJ showdown. As analysts at Westpac explained, "USD/JPY had been at 111...
Looking at What's on the Board - ANZ Analysts at ANZ offered insights and themse across the board. Key Quotes: "EUR/USD is likely to remain sandwiched between competing forces, implying no imminent return of large or persistent trends. That said, downside risks are building once again...
FxWirePro: Aussie Falls Against Major Peers on the Back of Lower Than expected Producer Price Index Data AUD/NZD is trading around 1.0952 marks. Pair made intraday high at 1.0966 and low at 1.0926 marks. Australia's Producer Price Index fell 0.2% in the March quarter easing from 0...
FxWirePro: ASX200 Faces Strong Support at 5140, Good to Buy at Dips Major resistance - 5300 Major Support - 5140 (200 day MA) ASX200 has recovered TILL 5256 after making a low of 5165. It is currently trading at 5270. Short term trend is slightly bullish as long as support 5140 holds...
FxWirePro: Nikkei 225 Faces Major Resistance at 16600, Good to Sell on Ralliies Major resistance - 16600 Nikkei index dives off more that 3% on thrusday after BOJ surprised markets by holding off fresh stimulus...
FxWirePro: USD/JPY Falls Below 107.10, Hits Lowest Level Since October 2014 USD/JPY is currently trading around 107.24 marks. It made intraday high at 108.19 and low at 107.07 levels. Intraday bias remains bearish for the moment. A daily close below 107...
FxWirePro: Singapore Dollar Hits Fresh Weekly High Against US Dollar, Good to Sell on Rallies USD/SGD is currently trading around 1.3407 marks. It made intraday high at 1.3465 and low at 1.3404 levels. Intraday bias remains bearish till the time pair holds initial resistance at 1.3489 levels...
EURUSD Daily Forecast: April 29 2016 EURUSD Forecast The EURUSD had another indecisive movement yesterday but overall still able to maintain its bullish intraday bias and still print higher lows and highs. The bias is bullish in nearest term...
GBPUSD Daily Forecast: April 29 2016 GBPUSD Forecast The GBPUSD had a bullish momentum yesterday topped at 1.4622. The bias is bullish in nearest term testing 1.4670 which is a good place to sell with a tight stop loss. Immediate support is seen around 1.4550...
USDJPY Daily Forecast: April 29 2016 USDJPY Forecast The USDJPY had a strong bearish momentum yesterday after BOJ decided to hold the monetary policy and continue asset purchases. Technically, this fact interrupts the bullish correction phase. The bias is bearish in nearest term retesting 107...
