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FXWIREPRO: Russian Rouble Continues to Add Strength Against US Dollar, Sell on Rallies USD/RUB is currently trading around 67.7121 levels. It made intraday high at 68.7060 and low at 67.7245 levels. Intraday bias remains bearish till the time pair holds key resistance at 69.0017 levels...
No Plans to Refinance Older JGBs – Japan’s Aso Japanese Finance Minister Mr. Taro Aso crossed the wires via Reuters on Monday, commenting on the JGBs refinance plans. However, he provided no hints on further BOJ easing any time soon...
Fed’s Williams – Rate Hikes Likely This Year San Francisco Federal Reserve President John Williams reiterated his view that rate hike are likely this year if data trends continue to show sold US economic growth...
NZD/USD: Bullish Momentum Stalls Around 0.67 The oil driven bullish move in the NZD/USD appears to have stalled in Europe, with pair struggling to extend gains above 0.67 levels. Focus on oil ahead of US data The spot recovered from the low of 0...
EUR/GBP Turns Negative Below 0.7900 The better tone in the sterling has been weighing on EUR/GBP on Monday, dragging it to the 0.7880 area, or session lows. EUR/GBP finds decent support at 0.7880 The European cross has broken below the 0...
GBP/USD Extends Recovery Towards 0.4200 Having bottomed out near 1.4120 region in the Asian trades, the GBP/USD pair regains ground, with 1.42 handle on sight. GBP/USD testing offers near 1.4180 The GBP/USD pair rises 0.34% to 1.4173, trying hard to take 1.4180 barrier...
GBP/USD Stuck at 50% Fibo Cable is having a tough time cutting through 1.4175 (50% of 1.3835-1.4515) levels amid thin volumes ahead of the US personal spending and income report release...
The EUR has been under pressure for most of last week, mainly in reaction to this week’s terrorist attacks in Brussels and rising Fed rate expectations...
USD Seen Picking Up Pace – BBH In the opinion of analysts at BBH, the greenback is expected to gather further traction in the next periods. Key Quotes “One of technical factor that emerged last week was the beginning of the correction of the dollar's losses”...
AUD/USD Still Aims to 0.7415 – UOB The research team at UOB Group expects the Aussie dollar to slips back to the 0.7415 area in the near term. Key Quotes “There is no change to the view wherein we expect the current decline in AUD to extend lower to test the 0.7410/15 support”...
AUD/USD Advances to Highs Near 0.7540 The now offered tone around the greenback is sending AUD/USD to visit daily peaks in the 0.7535/40 band. AUD/USD bounces off 0.7500 The Aussie dollar has found decent support around overnight lows near 0...
EUR/USD Finds Fresh Bids, Revisits Daily High Near 1.1170 The EUR/USD pair continues to consolidate the overnight recovery in the upper bound of today’s trading range so far, against the backdrop of Easter holiday celebrations in Europe...
EUR/JPY Tests 50-DMA, Clocks 10-Day High EUR/JPY pair made an attempt to cut through 50-DMA level of 126.84 levels, also marking a 10-day high at 126.89 levels. Trades above 23.6% Fibo The cross managed to take out 126.54 (23.6% of 141.06-122...
US: September Quarter to Be the Likely Timing of the Next Fed Funds Rate Hike - BNZ Research Team at BNZ, have recently changed their view on the likely timing of the next fed funds rate, moving it to the September quarter 2016...
US Pending Home Sales Likely to Rebound in February - Nomura Research Team at Nomura, notes that the US housing market activity has been choppy in recent months after steady gains for the better part of 2015...
Quotes of #Gold continued to decline after the price has passed the important support level last week (1226). Currently the downward price channel is relevant. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Despite the limited trading activity due to holidays, the current dynamics of #USDJPY is still very entertaining. Thus, the upward movement continues within the framework of the short-term ascending channel. Find out more by checking out the Source Link...
Channel Down identified at 24-Mar-16:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.406 within the next 3 days. Resistance Levels : ( B ) 1.4061Last resistance turning point of Channel Down. Support Levels ( A ) 1...
Daily Analysis of Major Pairs for March 28, 2016 EUR/USD: This pair has been bearish so far since last week. A movement below the support line at 1.1050 would easily render the recent bullish outlook invalid...
