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GBP/USD Off Highs, Around 1.4225, US Data Eyed The GBP/USD pair faded a spike to 1.4240 levels and reverted to the familiar range around 1.4225 region as markets continue to digest the UK construction PMI report. GBP/USD capped below 10-DMA The GBP/USD pair trades modestly flat at 1...
FXWIREPRO: EUR/SEK Fails to Break Key Resistance at 9.2676, Good to Sell on Rallies EUR/SEK is currently trading around 9.2570 levels. It made intraday high at 9.2651 and low at 9.2321 levels. Pair fails to break key resistance at 9.2676 and supported below 9.2600 marks...
UK CFOs see Brexit as the Greatest Short-term Risk for Businesses - Deloitte According to the latest Deloitte CFO survey published on Monday, UK large firms see Brexit risks as the biggest hurdle to investments, while a majority of the CFOs believes Britain should hold EU’s membership...
It Seems Oil Has Bottomed Out in the Mid-$20.00s – Rabobank According to Strategist at Rabobank Christian Lawrence, the barrel of crude oil could have bottomed in recent lows in the mid-$20.00s...
USD/CHF Regains 0.9600 and Above The greenback is recovering ground lost today, now pushing USD/CHF back above the 0.9600 handle. USD/CHF rebounds from 0.9550 Spot has found some traction after Friday’s multi-month troughs in the 0.9550 area, advancing to daily highs above the key 0...
Weekly Review The main news of the last week was a speech by Janet Yellen, the head of the US Fed...
EUR/JPY – Bears Attack Bids at 50-DMA Common currency is losing ground in Europe on dovish comments from ECB’s policymaker, with EUR/JPY attempting to chew through bids around 50-DMA located at 126.78. Rejected at 5-DMA The cross was rejected at 5-DMA of 127...
GBP/USD Rangebound Between 1.4050-1.4450 – UOB In view of the research team at UOB Group, the GBP/USDpair could extend its consolidative pattern in the next 1-3 weeks. Key Quotes “The break of the 1.4250 support last Friday indicates that the recent upward pressure has eased”...
EUR/USD Extends Losses on Praet’s Comments & Turnaround in Stocks The offered tone around EUR strengthened on ECB’s Praet’s dovish comments and turnaround in stocks, pushing the EUR/USD pair to a session low of 1.1365 levels...
GBP/USD Muted Post-PMI, Near 1.4200 The sterling is alternating gains with losses vs. the greenback today, with GBP/USD navigating the low-1.4200s following UK’s Construction PMI. GBP/USD downside limited near 1...
There were sharp fluctuations of #USDCAD near the important support level - the 61.8% retracement of the upward movement in May 2015 - January 2016. A considerable help to buyers is provided with #oil #prices decline. Find out more by checking out the Source Link...
#Gold continues to trade within the downward channel. To date, there is the downward momentum, which was caused with both technical and fundamental factors. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Rectangle identified at 04-Apr-01:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.095 within the next 12 hours. Resistance Levels : ( B ) 1.0954Last resistance turning point of Rectangle. Support Levels ( A ) 1...
EUR/GBP Flirts With 0.80 Handle on UK PMI The bearish pressure on the EUR/GBP cross gathered pace following the release of UK construction sector activity report, which pushed the GBP back on the bids. EUR/GBP off multi-month highs Currently, the EUR/GBP pair trades -0.06% lower at 0...
ECB’s Praet – Risks That Inflation May Become Persistent European Central Bank’s (ECB) Praet, while speaking in Rome, said the central bank’s measures are controversial and there is risk that low inflation may become persistent...
AUD/USD Finds Support Near 0.7600 The Aussie dollar is losing the grip at the beginning of the week, sending AUD/USD to the lower end of the range near 0.7600 the figure. AUD/USD upside capped near 0.7723 The pair is challenging the key support at the 0...
USD/JPY Hits Fresh Highs Near 111.70 Amid Higher Equities The USD/JPY pair finally broke the consolidation box post-European open and climbed back higher on the back a recovery in the oil as well as European stock markets. USD/JPY breaks through 111...
EUR/GBP Attempting Break Below 0.80 ahead of UK Data Sterling is gaining lose ground ahead of UK data release despite losses in equities, courtesy of which the EUR/GBP cross is attempting a break below 0.80 handle...
EUR/USD Wavers Above 5-DMA ahead of EMU Data The EUR/USD pair ran through fresh offers once again near 1.1400 levels and dropped sharply towards daily lows, before recovering some ground and now regains 5-DMA at 1.1375. EUR/USD awaits EMU data Currently, EUR/USD trades -0.11% lower at 1...
