Download MetaTrader 5
To add a new post, please log in or register
Technical Analysis of GBP/NZD for April 12, 2016 After the breakout of the uptrend trend line, the price dropped substantially and the pair found the support at 0% (S2) Fibonacci level applied to the trend line's breakout point. At the same time, a strong support is formed at the 361...
EUR/USD Putting 1.14 to the Test The shared currency continues to shed ground vs. the greenback today, now taking EUR/USD to test session lows in sub-1.1400 levels...
Analytics & Forecasts
  • 30
  • 1
Roberto Jacobs, 12 April 2016, 14:58
USD/JPY Ignored Uptick in US Import Price Index Bid tone around USD failed to strengthen despite rise in the US import price index, leaving USD/JPY largely unaffected around 108.30...
Currency
  • 24
  • 1
Roberto Jacobs, 12 April 2016, 14:56
With another quiet one in terms of economic data released, we stay focused on the impact of the impending weekend meetings between Oil producing nations in Doha. With Oil sitting just above the important, psychological $40 per barrel level, it’s still the 200 SMA that is capping price...
Analytics & Forecasts
  • 30
Francis Dogbe, 12 April 2016, 14:49
FXWIREPRO: Brazilian Political, Fiscal and Economical Consolidation Fuel Brl Momentum - Stay hedged for USD/BRL Downside USD/BRL Increased odds of a presidential impeachment pushed USD/BRL below 3.60 for the first time since August...
Analytics & Forecasts
  • 35
  • 1
Roberto Jacobs, 12 April 2016, 14:47
The U.S. dollar index fell 9 out of the last 11 trading sessions, already down 4.8% this year and back to the level seen last October. The dollar has weakened against all its major trading partners from the Japanese yen to the Canadian dollar...
Market News
  • 22
Francis Dogbe, 12 April 2016, 14:47
AUD/USD Hovers Near 8-Day Highs AUD/USD has managed to hold onto daily gains despite the recovery of the US dollar against European currencies seen over the last hours. AUD/USD is rising for third day in a row, having recently posted an 8-day high of 0...
Analytics & Forecasts
  • 17
  • 1
Roberto Jacobs, 12 April 2016, 14:43
FXWIREPRO: BRL on 8 Month's Highs After Descending Triangles' Base - Short for more Bearish Potential BRL (Brazilian Real) against USD hits at 3.4850 to flash a fresh 8 months highs. USD/BRL forms a descending triangle pattern which is bearish continuation trend...
Analytics & Forecasts
  • 28
  • 2
Roberto Jacobs, 12 April 2016, 14:39
The dollar has had a rough ride of late but this isn’t anything long-term say economists at a leading independent economic research house. The US dollar Index has fallen from a peak of 99...
Analytics & Forecasts
  • 49
  • 1
Vasilii Apostolidi, 12 April 2016, 14:37 #forex
The British pound’s outlook ultimately rests with two factors, in our view: The EU referendum in June and UK inflation data. The referendum is of course the sexier of the two drivers, but it could be the speed of price rises confronting shoppers that truly becomes the market’s biggest concern...
Analytics & Forecasts
  • 32
  • 1
Vasilii Apostolidi, 12 April 2016, 14:35 #forex
End of FX Wars? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that following the G20 meetings earlier this year there were plenty of rumours that the US had demanded that other central banks ease back from monetary policies that led to USD strength...
Analytics & Forecasts
  • 22
  • 2
Roberto Jacobs, 12 April 2016, 14:34
Silver Jumps to Near 6-Month High Silver prices in the USD terms or XAG/USD rose to $16.183, which is the highest level since Oct 28, 2015 as falling Fed rate hike bets continues to support precious metals. Prices currently trade around $16.10. The previous cyclical high stands around $16...
Analytics & Forecasts
  • 33
  • 2
Roberto Jacobs, 12 April 2016, 14:21 #silver
Analytical Review of the Currency Pair AUD/USD Technical data of the currency pair: Previous closing: 0.7595; Daily range: 0.7583-0.7652; Opening: 0.7595; 52- week range: 0.6824-0.8168; Annual revenue: -1.18%; Change in % for the previous day: +0.38...
Analytics & Forecasts
  • 50
  • 2
Roberto Jacobs, 12 April 2016, 14:19
We expect further flows from various market participants to continue to support JPY. First, Friday’s reluctance for JPY to weaken (indicating de-risking ahead of the weekend) suggests that ‘the Street’ has not traded JPY long in significant amounts last week...
Analytics & Forecasts
  • 41
  • 1
Vasilii Apostolidi, 12 April 2016, 14:17 #forex
Germany: War of Words with ECB - ING Carsten Brzeski, Chief Economist at ING, suggests that the German criticism on the ECB’s monetary policy throughout the crisis is not new but in recent days, however, it has entered a new stage...
Market News
  • 45
  • 2
Roberto Jacobs, 12 April 2016, 14:14
We are currently Long on a very good price at USD/JPY in yesterday’s support, however we took the risk of holding this position overnight. Enter long in case price breaks 108.4 and put stop loss slightly below 108.250. Initial target for this long is 108...
Scalping
  • 104
AynGannRand, 12 April 2016, 14:12 #scalping
US Session Includes Fed Speak and Import Prices Data - BBH Research Team at BBH, suggests that the US session features import prices, where the risk is on the upside after a 0.3% decline in February. Key Quotes “Three regional Fed presidents speak (Harker, Williams, and Lacker...
Currency
  • 26
  • 1
Roberto Jacobs, 12 April 2016, 14:11
USD/JPY Choppy Near 108.30, Fedspeak on Sight USD/JPY remains in a consolidative pattern in the low-108.00s for the time being, slightly rebounding from recent multi-month troughs near 107.60...
Analytics & Forecasts
  • 15
  • 1
Roberto Jacobs, 12 April 2016, 14:09
The JPY was among the strongest G10 FX currencies in recent weeks. Unstable risk sentiment as well as limited room of officials considering direct currency intervention kept the currency attractive as a safe haven play...
Analytics & Forecasts
  • 16
  • 1
Vasilii Apostolidi, 12 April 2016, 14:07 #forex
NZD/USD: STILL USD DRIVEN… NZD/USD lifted overnight as the USD remained under broad pressure. The failure of kiwi to push any lower suggests its heading for a test higher as markets have lost faith in the USD strength story...
Analytics & Forecasts
  • 25
  • 1
Vasilii Apostolidi, 12 April 2016, 14:05 #NZD/JPY