AUD/USD Breaks Through 0.7400 Handle Extending its slide further during European trading session, the AUD/USD pair dropped below 0.7400 handle and has now moved within striking distance of 100-day SMA support. After losing ground on Thursday on the back of weak Chinese CPI report...
Analytics & Forecasts
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10 June 2016, 10:51
EURUSD Held a Trend-Line Off the December Low Just Prior to the US Jobs Report Paul Rosenberg, Market Analyst at www.economiccalendar.com, on USD Last Friday, the non-farm payrolls data smashed expectations and sent the US Dollar 1% lower...
Analytics & Forecasts
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10 June 2016, 10:45
FxWirePro: EUR/JPY Holds Strong Trendline Support at 120.70, Good to Go Short on Close Below EUR/JPY is attempting recovery from new 3-year lows of 120.32 hit on Thursday. Trend is lower. Pair unable to hold gains above the 121 handle as bid tone around the Japanese currency increases...
Analytics & Forecasts
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10 June 2016, 10:31
FxWirePro: EUR/SEK Hits Fresh Weekly High at 9.2768, Faces Strong Resistance at 9.2822 EUR/SEK is currently trading around 9.2707 levels. It made intraday high at 9.2768 and low at 9.2425 levels. Intraday bias remains bullish till the time pair holds key support at 9.2389 marks...
Analytics & Forecasts
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10 June 2016, 10:28
EUR/JPY Back Below 121.00, Remains Vulnerable Thursday's recovery from the vicinity of 120.00 psychological mark seems to have stalled around 121.20 level and the EUR/JPY cross is now trading back below 121.00 handle...
Analytics & Forecasts
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10 June 2016, 10:22
Daily Technical & Trading Outlook USD/JPY Trend Daily Chart Sideways Daily Indicators Falling...
Analytics & Forecasts
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10 June 2016, 10:19
EUR Could be Testing 1.16 by The End of Next Week - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the EUR likely forges higher next week amid a probably subdued US retail sales report, payback for an unsustainably sharp April rise and a non-committal FOMC...
Analytics & Forecasts
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10 June 2016, 10:16
AUD/USD Expected to Return to 0.7044 – Commerzbank Despite the ongoing rebound, the Aussie dollar is seen slipping back towards 0.7044, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “AUD/USD is failing at the...
Analytics & Forecasts
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10 June 2016, 10:14
USD Faces Fresh Headwinds - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the potentially softer retail sales could weigh while the Fed is likely at best neutral if not negative for the USD. Key Quotes “Risks favour USD index testing recent 92.0 lows...
Currency
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10 June 2016, 10:13
JPY: Negative External Environment Remains Supportive – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has strengthened modestly overnight supported by the more risk-averse trading conditions...
Currency
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10 June 2016, 10:10