All Blogs
EUR/USD: We have turned neutral in the short term following a succession of higher daily closes. Overall, we would prefer to fade gains against the 1.1465 range highs. A move below initial targets near 1.1210 would confirm our bearish view towards the 1.1145 range lows and then the 1.1065 area...
USD/JPY – NEUTRAL BIAS – (107.00-109.50) The BoJ left its monetary settings intact today, even though market expectations of further monetary easing were rising until the last minutes of the meeting. After the BoJ’s statement was released, USD/JPY dropped markedly to the 108.00-level...
The FOMC made only incremental changes to its policy statement on Wednesday, leaving forward guidance unchanged. The statement signalled a reduction in concerns relating to the external environment, with language about global economic and financial risks dropped...
A string of disappointing monthly reports set us up for a weak Q1 GDP print, so today's news was more of a yawner for financial markets. The headline growth rate of 0.5% was only a hair under expectations, with consumer spending at 1...
Overnight, the main focus was on Japan, where the BoJ surprisingly left monetary policy unchanged...
USD/JPY Back to Daily Lows USD/JPY attempted to move off daily lows during the American session and after GDP data from the US, but the recovery was short-lived and price is back near 108.00. The pair is consolidating significant daily losses (down 3.00%) while it continues to test the 108...
USD/JPY: Fell Back for Re-Test of 107.60 - BTMU Analysts at Bank of Tokyo Mitsubishi explained that the yen has strengthened sharply following the BoJ’s “surprise” decision to leave monetary policy unchanged...
AUD/USD Finds a Bid Towards 20 DMA in Bears Territory AUD/USD was dragged up by the kiwi this week after traders backed the bird when the RBNZ left rates on hold and did not signal a certainty for the timings of a next hike, giving the green- light to attack the shorts...
NZD/USD: Too High, Expecting One More Cut - UOB Analysts at UOB Group noted that the RBNZ announced the outcome of its latest policy review. Key Quotes: "As was widely expected, follow a surprise rate cut at the March review the Bank decided to keep its OCR at 2...
Ichimoku Cloud Analysis: GBP/USD, Gold Analysis for April 28th, 2016 GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1) so far...
GBP/USD: Supported on USD Weakness - Scotiabank Analysts at Scotiabank noted that GB/USDP is quiet. Key Quotes: "Consolidating at the upper end of its recent range, a relative underperformer in an environment of broadbased USD weakness...
US GDP: Loss of Momentum in US Economy - ING James Knightley, analyst at ING Bank explained that the US 1Q16 GDP increased at an annualised 0.5% rate versus the 0.7% consensus expectation. Key Quotes: "The main weakness was non-residential fixed investment, which fell 5.9%, thereby subtracting 0...
NZD/USD Holds the Top Spot After Yen NZD/USD holds the top spot after the Yen on the back of markets not getting the indication from the RBNZ that June is definitely on the cards...
USD/JPY posted sharp gains last week, surging 370 points. The pair closed at 111.76, its highest weekly gain since late March. There are six events on the calendar this week. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY...
Gold Extends Gains to Fresh 1-Week Highs Gold advanced sharply on Thursday, and extended gains during the American session to print fresh 1-week highs above $1,260 an ounce...
Channel Up identified at 27-Apr-16:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.432 within the next 3 days. Resistance Levels : ( B ) 1.4642Last resistance turning point of Channel Up. Support Levels ( A ) 1...
Analytical Review for the stocks of Coca-Cola The Coca-Cola Company, #KO [NYSE] Consumer goods, Drinks, Free of alcohol drinks, USA Financial performance of the company: Index – DJIA, S&P 500...
USD/JPY: BoJ Set the Stage for Further Yen Strength - MUFG Analysts from The Bank of Tokyo-Mitsubishi UFJ, see that the Bank of Japan (BoJ) provided a green light for further yen strength, but the US dollar could gain some support ahead of the US employment report...
FxWirePro: EUR/USD Runs Out of Steam But Maintains Bullish Outlook The EUR/USD pair declined up to 1.1323 in the early US session but the bears quickly faded as the data showed US GDP weakened in the first quarter. The economy expanded only by 0.5 percent missing estimate of 0...
