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Technical Analysis of Silver for April 22, 2016 Technical outlook and chart setups: Silver finally reversed just ahead of the major resistance at $17.75 levels yesterday. The metal is seen to be trading at $17.15 levels at the moment after printing lows at $16.80/90 levels yesterday...
Technical Analysis of Gold for April 22, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,250.00 levels at the moment after hitting intraday highs at $1,270.00 levels yesterday. Please note that the metal remains in control of bears till prices stay below $1,283.00 levels...
NZD/USD Drops Back to 0.6900 Handle Tracking weakness across other major currencies on Thursday, the NZD/USD pair dropped back to 0.6900 before registering a minor pull-back to 0.6936 early during Asian session. Further downside risk persists below 0...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 09:10 #nzdusd
EUR/USD Headed Towards 1.1230? – Commerzbank Senior Technical Analyst at Commerzbank Axel Rudolph has suggested the possibility that the pair could grind lower to the 1.1230 area. Key Quotes “EUR/USD failed at 1.1400 as expected and now targets its current April low at 1.1234”...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 09:09
USD/JPY Wants More, in Highs Near 110.60 The Japanese currency is now accelerating its depreciation vs. its American peer, lifting USD/JPY well above the 110.00 handle...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 09:06
Hi traders, EURUSD can go anywhere, so better wait patiently in the Support and Resistance. This is my last trading plan (Swing style) this week and a week ehead for EURUSD. We can also take minor Support and Resistance of A2SR for Scalping or Daily trades (short term...
Forecasts
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Yohana Parmi, 22 April 2016, 09:04
GBP/JPY Breaks Major Resistance on BoJ News, Targets 160/162.57 Major resistance – 158.10 (trend line joining 162.57 and 158.37) Major support- 156.45 (7 day EMA) GBP/JPY has regained today morning after making a low of 156.51 yesterday. It is trading around 157.80...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 09:02
Technical Analysis of EUR/USD for April 22, 2016 When the European market opens, some economic news will be released such as the Italian Retail Sales m/m, Flash Manufacturing PMI, Flash Services PMI, Flash Manufacturing PMI, German Flash Services PMI, German Flash Manufacturing PMI, French Flash...
Technical Analysis of USD/JPY for April 22, 2016 In Asia, Japan will release the Tertiary Industry Activity m/m, Flash Manufacturing PMI and the US will release some economic data such as the Flash Manufacturing PMI...
Daily Analysis of USDX for April 22, 2016 The H1 chart picture is showing a strong rebound from the support level of 94.08, where the bulls are pushing the USDX higher to above the 200 SMA. The overall picture is still in a bearish tone and a pullback can possibly happen to reach new lows...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:47
Daily Analysis of GBP/USD for April 22, 2016 GBP/USD had a volatile session yesterday but it's still showing a sideways structure below the resistance zone of 1.4401, which remains very solid to the upside. Currently, a breakout higher will open the door to a possible advance toward the 1...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:44
Daily Analysis of Major Pairs for April 22, 2016 EUR/USD: This market went bearish on Thursday – just in the opposite direction to the USD/CHF which moved upwards that day. The bearish movement on the EUR/USD was not that significant...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:42
AUD/USD Finding Some Support Near 0.7730 Level In tandem with the reversal in other major currencies, the AUD/USD pair too dropped sharply to 0.7732, giving-up over 100-pips from day's high of 0.7834...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:36
EUR/GBP Extends the Drop to 0.7860 EUR/GBP is accelerating the recent breakdown of the key support at 0.7900 the figure, now hovering over fresh lows near 0.7860. EUR/GBP attention to PMIs The European cross is extending its leg lower after the rejection from April’s fresh cycle highs near 0...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:34
GBP/USD Could Re-Test the Mid-1.4200s – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, believes the pair could re-visit the area of 1.4250 in the near term. Key Quotes “GBP/USD has been rejected by the six month downtrend line at 1...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:32
EUR/USD Retakes and Keeps 1.1300, PMIs Eyed The single currency is looking to consolidate yesterday’s sharp drop vs. the greenback, with EUR/USD now navigating the 1.1300 area...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:30
GBP/USD 1.4300-1.4400 Range Holds Post ECB, the GBP/USD rose to 1.4440 level to test 100-day SMA before erasing all its gains to end in negative territory for second straight day...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:28
On Friday, the #euro stabilized after the volatile overnight trading session. Recall that yesterday the #ECB held the meeting, and then it was the press conference of #Draghi. The first reaction was the growth of the single currency, but then everything has changed...
Analytics & Forecasts
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Vistabrokers CIF Ltd, 22 April 2016, 08:25 #Trading, forex
US: Mixed Economic Releases - ANZ Research Team at ANZ, notes that the US Philadelphia reversed most of the improvement in March, falling from 12.4 to -1.6 in April. Key Quotes “There was a sharp fall in new orders (0 vs 15.7), employment (-18.5 vs -1.1), and shipments (-10.8 vs 22.1...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:25
EUR: Downside Risk for Flash April PMIs - TDS Research Team at TDS, sees downside risk for flash April PMIs, with no change in both the French Services and German Manufacturing PMIs, against market consensus for upticks in both...
Analytics & Forecasts
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Roberto Jacobs, 22 April 2016, 08:23