AUD/USD Bounces Off 100-Day SMA, Revisits Daily Highs AUD/USD advanced to retest daily highs at the beginning of the New York session in a bout of dollar selling, with nothing behind the move other than profit taking...
Analytics & Forecasts
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11 May 2016, 15:51
UK: Weaker Growth - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the UK economy has collected a hefty helping of nasty headlines this week...
Market News
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11 May 2016, 15:03
EUR/JPY Turns Flat, Reclaims 124.00 Level The EUR/JPY pair witnessed a sharp up-move in the last hour, lifting the pair back above 124.00 handle to currently trade at 124.20, nearly unchanged from yesterday's close. Earlier on Wednesday, the pair dropped to 123...
Analytics & Forecasts
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11 May 2016, 15:01
Gold Climbs Above $1275, Benefiting from USD Weakness A fresh bout of weakness across global financial markets is assisting Gold recovery for second day running, lifting the metal back above $1275 level...
Analytics & Forecasts
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11 May 2016, 14:58 #gold
EUR/USD Attempts to Consolidate Above 1.1400 EUR/USD is staging a mild recovery on Wednesday, having reversed completely previous day’s losses, amid a weaker greenback across the board...
Analytics & Forecasts
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11 May 2016, 14:56
Technical Analysis of AUD/JPY for May 11, 2016 AUD/JPY formed a massive support area around 79.80, while on the top there is strong resistance around 86.00 and AUD/JPY is clearly ranging between these levels...
Analytics & Forecasts
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11 May 2016, 14:51 #technical analysis
Technical Analysis of EUR/JPY for May 11, 2016 Technical outlook and chart setups: The EUR/JPY pair has almost touched expected resistance at 124.50 levels yesterday before reversing lower. The pair is seen to be trading at 124.10 levels for now, looking to resume lower from here...
Analytics & Forecasts
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11 May 2016, 14:47 #technical analysis
Technical Analysis of GBP/CHF for May 11, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.4040 levels at the moment, after facing resistance at 1.4100 levels in early trades today. The pair looks to resume its downtrend as expected and discussed earlier...
Analytics & Forecasts
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11 May 2016, 14:42 #gbpchf, technical analysis
Technical Analysis of Silver for May 11, 2016 Silver is trading at $17.50 levels at this moment after bouncing off $16.88 levels yesterday. The metal might be looking to retrace lower towards $17.00 levels from here, before resuming rally...
Analytics & Forecasts
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11 May 2016, 14:40 #silver, technical analysis
Technical Analysis of Gold for May 11, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,277.00 levels at this moment, after having bounced off a major support at $1,256.00 levels yesterday. The wave which began from $1,256...
Analytics & Forecasts
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11 May 2016, 14:36 #gold, technical analysis