All Blogs
Having faded the recovery near 20-WMA, the USD/JPY pair was relentlessly offered once again as the sell-off in the Asian markets intensified. USD/JPY: Bearish bias intact Currently, the USD/JPY pair trades modestly flat 121.40, recovering slightly from fresh session lows struck at 121...
USD CAD, “US Dollar vs Canadian Dollar” At the H1 chart, Super Trends provide support. The closest target is at the 8/8 level. If later the price rebounds from this level, the pair may start a new local descending correction, at least...
USD CAD, “US Dollar vs Canadian Dollar” Canadian Dollar continues growing. Earlier, the price was supported by the 5/8 level, from which it rebounded several times. It’s highly likely that in the nearest future the market may test the 8/8 level...
The H1 chart, the predicted target of the current ascending movement is at the 8/8 level. However, if Eurodollar doesn’t rebound from the 7/8 level in the nearest future, the price may resume its decline and break Super Trends...
Headlines from the Reserve Bank of New Zealand (RBNZ) are now crossing the wires, with the central bank justifying its latest rate cut decision. Earlier on the day, the RBNZ slashed its official cash rate (OCR) for the fourth time this year, reducing it a quarter percentage point to 2.5...
The Australian dollar rallied more than 1 big figure against its Japanese counterpart this session, with AUD/JPY storming through 89 handle, after the Australian jobless rate unexpectedly ticked lower in Nov. AUD/JPY spikes on jobs data Currently, the AUD/JPY pair rises 1...
EUR GBP, “Euro vs Great Britain Pound” we can see at the H1 chart, the price may test the group of upper fibo-levels on Wednesday. It’s highly likely that during the day the pair may reach a new local high...
EUR GBP, “Euro vs Great Britain Pound” In case of Europound, the situation is quite similar. The closest target is the group of local fibo-levels at 0.7295. If the market breaks t, the pair continue moving upwards much higher...
EUR USD, “Euro vs US Dollar” we can see at the H1 chart, the current growth may continue towards the group of upper fibo-levels near the retracement of 50%. Earlier, the market rebounded from the correctional retracement of 38...
EUR USD, “Euro vs US Dollar” In case of Eurodollar, the correction continues. Later, the pair may resume growing with the closest target at the group of fibo-levels near the retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8...
AUD/USD is off on the bid after a very strong jobs numbers, almost fairy tale stuff, and just in time for the bulls as the pair was looking as though it was a tried position on the bid and an overdue correction was on the cards. However, the 0...
The overnight recovery in the USD/JPY pair lost steam near 20-WMA located at 121.72, and the prices retreated slightly following negative opening in the Japanese stocks. USD/JPY bounces-off strong support near 50-WMA Currently, the USD/JPY pair trades 0.15% higher at 121...
The latest employment figures from Australia, as released by Australian Bureau of Statistics (ABS), surprised markets to the upside in Nov, with the unemployment rate falling 0.1 pts to the lowest since May 2014 at 5.8% against 5.9% seen in Oct...
XAU USD, “Gold vs US Dollar” XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1). Chinkou Lagging Span is above the chart, Ichimoku Cloud is moving upwards (2), and the price is above the lines...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1); all lines are directed upwards. Ichimoku Cloud is closed (2); Chinkou Lagging Span is above the chart...
GBP USD, “Great Britain Pound vs US Dollar” GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1), but the lines are getting closer to each other again below Kumo Cloud; Tenkan-Sen is directed upwards...
Sean Callow, analyst at Westpac noted the key events apart from the Aussie jobs data coming up, released at 11:30am Syd/8:30am Sing/HK. Westpac’s forecast of -20k change in total employment is at the bottom of the range (-20k to +15k, median -10k...
The Australian dollar extended its decline against its American rival down to 0.7188 this Wednesday, weak amid falling commodities and despite the dollar's sell-off...
NZD/USD has stabilized on the bid in the aftermath of the RBNZ interest rate decision having caught out many of the shorts on a squeeze that took the bird up to the mid point of the 0.67 handle where spot now oscillates. The RBNZ cut interest rates by 0...
Analysts at ANZ said that the RBNZ’s decision to cut the OCR today was of course against our own view. Key Quotes: "But when all is said and done, we can’t really quibble with it. In many ways the cut was of last week’s ECB-style easing; a cut was delivered, but it was of the hawkish variety...
