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Nikkei 225 Faces Strong Resistance at 17300, Good to Buy at Dips Major resistance - 17000 The index has slightly declined after making a high of 17146 It is currently trading around 16336.Short term trend is slightly bullish as long as support 16500 (55 day 4H EMA) holds...
FxWirePro: South Korean Won Fails to Sustain Below Fresh 5-Month High, Intraday Bias Remains Neutral
FxWirePro: South Korean Won Fails to Sustain Below Fresh 5-Month High, Intraday Bias Remains Neutral USD/KRW is currently trading around 1132 levels. It made intraday high at 1132 and low at 1128 levels. Intraday bias remains neutral for the moment...
FxWirePro: AUD/NZD Remains Well Supported Above 1.1062, Intraday Bias Remains Bullish AUD/NZD is trading around 1.1097 marks. Pair made intraday high at 1.1117 and low at 1.1076 marks...
FxWirePro: Gold Remains supported Above $1250 in Asian Hours, Good to Buy on Dips XAU/USD is currently trading around $1254 mark. It made intraday high at $1257 and low at $1249 levels. Intraday bias remains bullish till the time pair holds immediate support at $1242 marks...
JPY: Dovish Shift in Composition of BOJ Board Continues – Nomura Yujiro Goto, Research Analyst at Nomura, notes that yesterday the Japanese government has nominated an executive of Shinsei Bank, Ms Masai, as a new BOJ board member from July...
Oil Dives Deeper in the Red on Mounting Oversupply Worries Oil benchmarks on both sides of Atlantic accelerated to the downside in the Asian trading hours, as resurgence of oversupply worries into the markets dampened the sentiment around the black gold...
AUD/USD Heavy, Fails to Resist Above 0.7800 as Oil Tumbles The AUD/USD pair extends its retreat from ten-month tops in the mid-Asian trades, having peaked at 0.7826 levels in the last US session. AUD/USD drops to lows near 0.7780 Currently, the AUD/USD pair now drops -0.32% to 0...
EURUSD Daily Forecast: April 20 2016 EURUSD Forecast The EURUSD had a bullish momentum yesterday closed back above 1.1335. Price bounced higher after touched H4 EMA 200 as you can see on my H4 chart below. The bias is bullish in nearest term testing 1.1500 but I am not in a bullish mode. Not yet...
GBPUSD Daily Forecast: April 20 2016 GBPUSD Forecast The GBPUSD continued its bullish momentum yesterday topped at 1.4418. The bias remains bullish in nearest term testing 1.4500. My major technical outlook remains neutral and 1.4400 – 1...
USDJPY Daily Forecast: April 20 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bullish intraday bias so far. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 110.00 area...
USDCHF Daily Forecast: April 20 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains neutral in nearest term. Immediate support remains around 0.9570. A clear break and daily close below that area could trigger further bearish pressure testing 0.9500 or lower...
Lausanne is joining the growing list of places looking to experiment with a universal basic income. Politicians in Lausanne — a city of around 150,000 people in Switzerland — have adopted a motion to carry out a pilot scheme for basic income in the city...
The US presidential selection process is well underway, and yet there has been no coherent discussion of fiscal policy. In part, this is because it does not appear particularly urgent. The US deficit peaked in 2009 at 10.1% of GDP. Last year it stood at what for most OECD countries an enviable 2...
Analytical Review for Altria Group Inc.'s Shares Altria Group Inc., #MO [NYSE] Consumer goods, Cigarette production, USA Financial performance Index – S&P 500...
DAX30: Indicators Give Buy Signals On the hourly, daily, weekly and 4-hour charts the indicators OsMA and Stochastic recommend to open long positions...
DAX30: World Stock Indices are Growing The rise in oil prices and weakening in the USD amid uncertainty about the increase in the US interest rate, have increased risk aversion among investors...
EUR/USD steady near 1.1400 The euro is consolidating gains versus the US dollar as it continues to trade near daily highs and close to the 1.1400 area, headed toward the third gain in a row. EUR/USD started to rise on Friday during the American session and after a modest pullback yesterday to 1...
A bearish Harami will show a bull market stopping dead in its tracks as in the example below. Let’s look at a example. EUR/USD: Bearish: Downside potential likely limited to 1.1145...
EUR/USD: Downside Limited, 1.1230 Key Support - UOB Analysts at UOB Group explained that there is no change to their bearish view, but as highlighted previously, downward momentum is not very strong. Key Quotes: "the downside potential is likely limited to 1.1145. Stop-loss remains unchanged at 1...