EUR/USD Fails to Resist above 50-DMA, Back to Square One A renewed bout of buying interest seen around the EUR appears to wane over the last hour, with the EUR/USD pair reversing a spike to daily highs printed above 50-DMA. EUR/USD deflates from 1.1330 Currently, EUR/USD trades modestly flat at 1...
Analytics & Forecasts
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16 May 2016, 11:44
Oil Rises above $47.00 Mark to a Fresh 6-Month High WTI crude oil futures kicked-off the fresh trading week on a strong footing, moving back above $47.00/barrel mark for the first time since early November 2015 on bullish comments from a leading investment banker...
Crude Oil
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16 May 2016, 11:42
GBP/USD Forecast: Eyeing 1.4250 The British Pound consolidates near its recent lows against the greenback, with the pair confined to a tight 40 pips range ever since the day started, but overall, with the bearish trend firm in place, given that the pair broke last Friday, below the 61...
Analytics & Forecasts
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16 May 2016, 11:37
Oil higher but FTSE static By Brenda Kelly The oil market has very swiftly made an about-move in recent days...
Analytics & Forecasts
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16 May 2016, 11:34
EUR/USD Forecast: Bouncing, but Downward Risk Prevails The EUR/USD pair has bounced modestly from the 1.1285 low posted last Friday, so far struggling to overcome the 23.6% retracement of the latest daily decline between 1.1446 and the mentioned low around 1.1320...
Analytics & Forecasts
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16 May 2016, 11:30
EUR/GBP Climbs to Session High of 0.7890, Remains Trapped in a Range The EUR/GBP pair has been steadily inching higher and as the London trading session gets underway has now moved to session peak level of 0.7890...
Analytics & Forecasts
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16 May 2016, 11:27
Gold Firmer, $ 1300 Back on Sight ahead of US CPI, Fed Minutes Gold kicked-off the week on a brighter note and now extends gains for the second straight day this Monday, on the back of poor China dataflow and a broadly weaker US dollar...
Metals
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16 May 2016, 11:24 #gold
EUR/USD Climbs to Session High of 1.1325 Amid Thin Liquidity On the first day of a fresh trading week, the EUR/USD pair is witnessing a quiet and steady session amid low liquidity conditions on the back of bank holiday in France and Germany in observance of Whit Monday...
Analytics & Forecasts
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16 May 2016, 11:21
FxWirePro: Gold Breaks Key Resistance at $1282, Intraday Bias Remains Bullish - We Prefer Take Long Position XAU/USD is currently trading around $1281mark. It made intraday high at $1283 and low at $1270 levels...
Analytics & Forecasts
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16 May 2016, 11:18
GBP/USD Breaks Major Support at 1.43650, Decline Till 1.4240 Is Possible Major support – 1.4367 (200 day 4H MA) Major resistance – 1.4450 (55 day 4 H EMA) Cable has broken major support 1.4367 and declined till 1.4342. It is currently trading around 1.4354. On the lower side any break below 1...
Analytics & Forecasts
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16 May 2016, 11:15