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
Technical Analysis of USD/JPY for May 11, 2016 USD/JPY is expected to trade in a higher range as the pair is bullish above 108.20. Overnight U.S. stock indexes rose over 1% posting their biggest gains in two months...
Analytics & Forecasts
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11 May 2016, 14:31 #technical analysis
Technical Analysis of USD/CHF for May 11, 2016 USD/CHF is expected to continue its upside movement. The pair stands firmly above its key horizontal support at 0.9680, and is challenging its nearest resistance at 0.9765...
Analytics & Forecasts
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11 May 2016, 14:28 #usdchf, technical analysis
Technical Analysis of NZD/USD for May 11, 2016 NZD/USD is turning up and expected to trade in a bullish bias. The pair is likely to post further rebound. At the same time, the 20-period moving average has crossed above the 50-period one, calling for further upside as well. As long as 0...
Analytics & Forecasts
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11 May 2016, 14:24 #nzdusd, technical analysis
Technical Analysis of GBP/JPY for May 11, 2016 GBP/JPY is expected to post further gains. The pair has been supported by its rising 20-period and 50-period moving averages and is looking for a higher top. Meanwhile, the relative strength index still stays above 50. As long as 123...
Analytics & Forecasts
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11 May 2016, 14:21 #technical analysis
Oil Recovery Drags USD/CAD Further Below 1.2900 Level Tracking recovery in crude oil prices, the USD/CAD pair has now dropped back below 1.2900 handle to currently trade near day's through level at 1.2875...
Crude Oil
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11 May 2016, 14:17
US: Evidence for a June Hike Now Lacking - HSBC Research Team at HSBC, recently cut their forecast for US 2016 average growth to 1.8% from 2.0% on the back of the impact of disappointing global growth, financial market turmoil, and continued weakness in the oil and commodity sectors...
Analytics & Forecasts
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11 May 2016, 14:14