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Daily Analysis of GBP/USD for April 14, 2016 GBP/USD is trying to test the support level of 1.4163, where a breakout can happen to reach new lows. We should keep in mind that a strong resistance is placed around the 1.4278 level, which is also giving us the path for a short-term basis...

Gold Drops to 50-DMA as Equities Extend Rally, Dollar Strengthens Gold prices fell to 50-DMA of $1232.63 as Asian equities extended the risk-on rally seen on Wednesday and the US dollar strengthened to 95.00 handle...

USD/CAD Keeps Highs Near 1.2870, US CPI Eyed The greenback is pushing higher vs. its Canadian peer on Thursday, with USD/CAD testing the area of session highs near 1.2870...

Daily Analysis of Major Pairs for April 14, 2016 EUR/USD: The rally on the USD/CHF pair has forced EUR/USD to break southward. The price is now below the resistance line at 1.1300, going towards the support line at 1.1250...

AUD: Solid Employment Report Not New for RBA – TDS Research Team at TDS, suggests that the RBA has long-held the view that the labour market is solid, for a while last year defying otherwise soft economic growth...

BoE and US CPI in Focus Today – Danske Bank Research Team at Danske Bank, suggests that the BoE and US CPI data will be the most important economic releases for the day. Key Quotes “In Europe focus will be on the Bank of England meeting and the final inflation data for Euroland...

EUR/GBP Attempts Recovery Towards 0.80 Ahead of BOE The cross in the EUR/GBP found fresh bids below the mid-point of 0.79 handle, and from there embarked upon the recovery mode amid broad GBP weakness. EUR/GBP regains 20-DMA at 0.7969 Currently, the EUR/GBP pair trades 0...

BoE: Straightforward and Unanimous No-Change Policy Meeting - TDS Research Team at TDS, suggests that the Bank of England’s (BoE) MPC meets for what is likely to be a relatively straightforward and unanimous no-change policy meeting...

GBP/USD Succumbs to Broad Based USD Rally GBP/USD took out 1.42 handle in early Asia and now trades around 1.4125 levels as US dollar continues to gain ground across the board. Surrenders weekly gains As of now the spot is trading largely unchanged on the week. Pair rose to a high of 1...

FxWirePro: Silver Fails to Break Key Support at $15.98, Intraday Bias Remains Bullish XAG/USD is currently trading around $15.05 marks. It made intraday high at $16.21 and low at $15.99 levels. Intraday bias remains slightly bullish till the time pair holds immediate support level at $15.98 marks...

Talking Points US Oil prices Tuesday rose above the 200-day SMA for the first time since July 29, 2014 Crude volatility, volume, open interest and options activity signal extraordinary interest Fundamentals in supply-demand are key, including the Doha meeting scheduled April 17 See the DailyFX An...

Pivot Points-daily Last Updated: Apr 14, 8:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10634 1.11864 1.12287 1.13094 1.13517 1.14324 1.15554 USD/JPY 107.271 108.171 108.746 109.071 109.646 109.971 110.871 GBP/USD 1.40506 1.41371 1.41691 1.42236 1.42556 1.43101 1.43966 USD/CHF 0.93712 0...

Pivot Points-Hourly Last Updated: Apr 14, 8:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12493 1.12557 1.12581 1.12621 1.12645 1.12685 1.12749 USD/JPY 109.197 109.31 109.371 109.423 109.484 109.536 109.649 GBP/USD 1.41133 1.41255 1.413 1.41377 1.41422 1.41499 1.41621 USD/CHF 0.96591 0...

EUR/USD Extends the Drop to 1.1260 The shared currency is prolonging its weekly decline today, now dragging EUR/USD to fresh lows in the 1.1260 region...

SGD: MAS Shifts to Neutral in Surprise Move - ANZ Research Team at ANZ, notes that the Monetary Authority of Singapore (MAS) shifted to a neutral policy stance today, which was a surprise as we did not think that the conditions for a move to neutral had been met...

FxWirePro: EUR/GBP Holds Above Strong Trendline Support, Focus on Boe Policy Meet EUR/GBP edges higher from fresh 2-week lows at 0.7925, and is on track to post the first weekly loss after five consecutive advances. Our previous call (http://www.econotimes...

USD/JPY Consolidates at 6-Day Highs Amid Japan Stocks Rally The USD/JPY pair clinches gains and sits near six-day highs as the yen continues to lose ground amid an extended rally in the Japanese stocks. USD/JPY finds support near 109...

Japan’s economic and financial malaise once was thought to have little relevance for other advanced economies. Respected Western economists and policy makers even argued that “Japan couldn’t happen here...

Analytical Review of the Stocks of Alcoa Inc. Alcoa Inc., #AA [NYSE] Industrial goods, Aluminum, USA Financial performance of the company: Index – S&P 500; Beta – 1.14...

I wrote at the beginning of January that economic conditions this year were set to be as weak as in 2015, which was the worst year since the global financial crisis erupted in 2008...