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USDJPY Daily Forecast: March 22 2016 USDJPY Forecast The USDJPY had a bullish momentum yesterday and hit 112.20 earlier today. The bias is bullish in nearest term testing 112.50 – 113.00 area. Immediate support is seen around 111.50...
USDCHF Daily Forecast: March 22 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall I remain bearish with nearest target seen around 0.9570 area. Immediate resistance is seen around 0.9730...
Support & Resistance Indexes (Update) Last updated: Mar 21, 1:44 pm +03:00 S - Strong | M - Moderate...
Pivot Points - Daily Last Updated: Mar 22, 4:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11511 1.12016 1.12205 1.12521 1.1271 1.13026 1.13531 USD/JPY 110.185 110.943 111.435 111.701 112.193 112.459 113.217 GBP/USD 1.4195 1.42969 1.43316 1.43988 1.44335 1.45007 1.46026 USD/CHF 0.95902 0...
Central Bank Influence Waning Through Transparency, Credibility Talking Points: Relative monetary policy has proven one of the most productive and influential market moving themes Direct or implicit intervention carries market sway so far as transparency and credibility allow Where the PBoC is ve...
Pivot Points Hourly Last Updated: Mar 22, 4:15 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12111 1.12229 1.12293 1.12347 1.12411 1.12465 1.12583 USD/JPY 111.45 111.733 111.835 112.016 112.118 112.299 112.582 GBP/USD 1.43492 1.436 1.43664 1.43708 1.43772 1.43816 1.43924 USD/CHF 0.96687 0...
The USD/CAD has collapsed after its parabolic rise ended in mid-January, when oil prices first showed signs of stabilisation. Since peaking at just shy of 1.4700, the Loonie has tumbled to below 1.30, hitting a low of 1.2925 last week...
Version 2.80 - 2016.03.21 v 2.80 Added parameters: t_Trading_Mode = "=======I=Intraday M=Multiday====="; Trading_Mode = "M"; (Multiday as exist, Intraday only signal until D1...
Derek Holt, vice president of economics at Scotiabank, doesn't mince words with his thoughts about the Federal Reserve's now-infamous "dot plot...
New Zealand’s central bank has initiated a probe into an alleged leak of its surprise decision to cut the official cash rate earlier this month...
The FX market is confusing this year. More easing by the BoJ, the RBNZ, the Riksbank, the ECB and the Norges Bank, led to stronger currencies, despite delivering more than markets had expected in all cases...
The US dollar rose further against the yen during the American session as stocks in Wall Street consolidate gains. USD/JPY hit a fresh daily high at 111.92 and it was standing near the top, eying 112.00...
The pound's solid fundamentals will shine through by the end of the year end, leading some analysts to forecast a fall to 0.72 versus the euro. The pound has untapped potential according to the Norwegian Bank DNB SA...
According to analysts from Danske Bank, Brexit could trigger a downgrade in UK sovereign rating but might not necessarily change foreign investors’s appetite for Gilts dramatically...
Our CORAX positioning report neatly summarized the lack of currency market conviction as position squaring was rampant into the Fed. However investors held onto yen longs after the BoJ meeting and sold NZD in size after the surprise RBNZ cut so markets are not completely dormant yet. What next...
Shaun Osborne Chief FX Strategist at Scotiabank explained that sterling finds itself at the bottom of the overnight performance league, reflecting renewed difficulties on the home political front...
Analysts at UOB Group noted that the dollar rose against most major currencies on Friday, recovering from a five-month low. "EUR/USD saw lows of 1.1256, after ECB’s Praet says interest rates have not reached their lower limit and a rate cut remains part of the ECB armoury...
Given negative economic fundamentals, political woes and the looming threat of a credit rating downgrade the outlook argues for a weakening of the rand against the pound sterling. The charts, however, are not nearly so clear-cut...
