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Technical Analysis of USD/CHF for March 18, 2016 USD/CHF is expected to trade in a lower range and continue its downside movement. The pair is heading downward, capped by its falling 50-period moving average. Currently trading at 0...
Technical Analysis of NZD/USD for March 18, 2016 NZD/USD is expected to continue its upside movement. The pair is in a solid uptrend, supported by its ascending 50-period moving average...
Technical Analysis of GBP/JPY for March 18, 2016 GBP/JPY is expected to trade with a bullish bias. The pair, which is trading around the 20-period (30-minute chart) moving average, is retesting the first upside target at 161.85...
Elliott Wave Analysis of EUR/NZD for March 18, 2016 Wave summary: Overnight a spike to a low of 1.6435 has been seen. This likely marks the end of a small wave two correction and a minor wave three higher is about to take off...
18 March 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 12:30 Core CPI m/m CAD High 0.3% 0.5% Neutral 12:30 Core Retail Sales m/m CAD High -1.6% 0.6% Neutral 12:30 CPI m/m CAD Med. 0.2% 0...
Dollar Tumble Impressive Technically, Capable Fundamentally Talking Points: The Dollar's tumble after the Fed decision continues with a technical development that suits a reversal While the Greenback can slide as its previous untouchable rate advantage fades, it isn't a universal opportunity With...
Pre European Open, Daily Technical Analysis Friday, March 18, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the upside prevails. Pivot: 1.1240 Most Likely Scenario: long positions above 1...
Elliott Wave Analysis of EUR/JPY for March 18, 2016 Wave summary: There is a rally; nothing new to add here. We continue to expect minor resistance at 126.70 will protect the upside for a break below minor support at 125.05 calling for renewed downside pressure towards 122.06 and lower to 119.90...
Technical Analysis of EUR/USD for March 18, 2016 When the European market opens, some economic news will be released such as the German PPI m/m. The US will release economic data too such as Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment...
Technical Analysis of USD/JPY for March 18, 2016 In Asia, Japan will release the Monetary Policy Meeting Minutes and the US will release some economic data such as Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment...
Daily Analysis of Major Pairs for March 18, 2016 EUR/USD: The EUR/USD pair broke upwards on Wednesday, ending the short-term consolidation phase in the market. The price moved further upwards on Thursday – making it a movement of at least 260 pips within two days...
Asian Stocks Aim for Fifth Weekly Gain, Turn Positive for the Year Asian stock markets advanced on Friday following an oil-driven rally on Wall Street yesterday. Scorecard MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0...
Daily Analysis of USDX for March 18, 2016 The Index is currently working on performing a breakout below the support zone of 94.69, in order to extend the decline towards the 93.89 level, after a strong bearish move was seen during yesterday's session...
Daily Analysis of GBP/USD for March 18, 2016 On the H1 chart, GBP/USD has been forming a higher high pattern after a bullish momentum gained above the 200 SMA. Currently, it's facing off the strong resistance around the 1...
Antipodean Currencies Gain Amid Rising Risk Appetite Antipodean currencies such as the Australian and the New Zealand dollars strengthened against their major counterparts in the Asian session on Friday amid rising risk appetite following positive cues from Wall Street overnight and higher crude...
FXWIREPRO: NZD/USD Breaks Strong Resistance at 0.6850, Good to Go Long on Close Above, Target 0.6925
FXWIREPRO: NZD/USD Breaks Strong Resistance at 0.6850, Good to Go Long on Close Above, Target 0.6925 Broad based weakness in US Dollar and rising commodities buoying the Kiwi. The pair has broken strong resistance at 0.6850 on the day, but has pared some gains to currently trade at 0.6836 levels...
Artificial intelligence is poised to automate lots of service jobs. The White House has estimated there's an 83% chance that someone making less than $20 will eventually lose their job to a computer. That means gigs like customer service rep could soon be extinct...
Filling out a bracket for the NCAA championship basketball tournament is an annual highlight for sports fans like myself...
Fitch: Policy Outlook Positive for Aussie Bank Credit Profiles The Australian Prudential Regulation Authority's (APRA) prudential policy outlook for 2016 reinforces Fitch Ratings' view that regulatory developments over the next two to three years will strengthen the Australian banking system...
