EURUSD Daily Forecast: May 10 2016 EURUSD Forecast The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias. The bias remains bearish in nearest term testing 1.1275 – 1...
Analytics & Forecasts
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10 May 2016, 05:14
GBPUSD Daily Forecast: May 10 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday but overall still able to maintain its bearish intraday bias since the false breakout above the daily EMA 200 as you can see on my daily chart below. The bias remains bearish in nearest term testing 1.4350 – 1...
Analytics & Forecasts
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10 May 2016, 05:12
USDJPY Daily Forecast: May 10 2016 USDJPY Forecast The USDJPY had a bullish momentum yesterday topped at 108.60 and hit 108.82 earlier today. The bias is bullish in nearest term testing 109.00 area before targeting 110.65. Immediate support is seen around 108.25...
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10 May 2016, 05:10
USDCHF Daily Forecast: May 10 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains bullish in nearest term testing 0.9795. A clear break and daily close above that area could trigger further bullish scenario this week targeting 0.9915 or higher...
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10 May 2016, 05:08 #usdchf
USD/CAD Likely to Move Toward 1.25 by Year-End - Lloyds Analysts from Lloyds Bank expect the USD/CAD pair to move lower over the next month and to finish 2016 around 1.25. Key Quotes: “USD/CAD has ended the past month little changed, around 1...
Analytics & Forecasts
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9 May 2016, 19:37
UK: Rate Cut Expectations to be a Temporary Phenomenon - TDS According to analysts from TDS, referendum worries started to weigh on the United Kingdom economy. Ahead of the decision of the Bank of England, they expect the rate cut expectation to be a temporary phenomenon...
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9 May 2016, 19:32
EUR/USD Holds Near Lows, Searching for Catalysts EUR/USD continues to waver directionless around the 1.1400 level, unable to set fresh short-term direction in the absence of news or events. EUR/USD stretched to a low of 1...
Analytics & Forecasts
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9 May 2016, 19:29
GBP/USD Clings to 1.4400 GBP/USD has entered a consolidation phase over the last hours, having spent most of the day in a range around the 1.44 mark. GBP/USD slid to a fresh 2-week low of 1.4373 during the European session but found support and erased intraday losses...
Analytics & Forecasts
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9 May 2016, 18:29
NZD/USD Drops to 4-Week Lows NZD/USD failed to hold above 0.6800 and extended losses below. The pair bottomed during the American session at 0.6763, the lowest level since April 7. From the lows it bounced modestly to the upside but remained under pressure moving in a small range between 0...
Analytics & Forecasts
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9 May 2016, 18:21 #nzdusd
EUR/USD: It Depends on 1.16/1.17 - Lloyds Analysts from Lloyds Bank, warned that a break below 1.1360/1.1320 in EUR/USD would signal a false break of the previous range highs. Key Quotes: “A breakdown through 1.1360/1.1320 will add further evidence that the rally to 1...
Analytics & Forecasts
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9 May 2016, 17:33