FxWirePro: USD/KRW Stable Around 1168, Intraday Bias Remains Neutral USD/KRW is currently trading around 1168 levels. Intraday bias remains neutral till the time pair holds key resistance at 1168 levels...
Analytics & Forecasts
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6 May 2016, 05:31
EURUSD Daily Forecast: May 06 2016 EURUSD Forecast The EURUSD had a bearish momentum yesterday bottomed at 1.1385. The shooting star formation I showed you on Wednesday gave us a valid signal of a bearish pullback. The bias is bearish in nearest term testing 1.1275 region...
Analytics & Forecasts
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6 May 2016, 04:53
GBPUSD Daily Forecast: May 06 2016 GBPUSD Forecast The GBPUSD was indecisive yesterday but overall still able to maintain its bearish bias since the false breakout above the daily EMA 200 as you can see on my daily chart below. The bias is bearish in nearest term testing 1.4400 – 1.4350 region...
Analytics & Forecasts
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6 May 2016, 04:50
USDJPY Daily Forecast: May 06 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bullish intraday bias. The bias is bullish in nearest term testing 107.60...
Analytics & Forecasts
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6 May 2016, 04:48
USDCHF Daily Forecast: May 06 2016 USDCHF Forecast The USDCHF had a bullish momentum yesterday topped at 0.9696. The bias is bullish in nearest term testing 0.9715 – 0.9765. Immediate support is seen around 0.9625...
Analytics & Forecasts
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6 May 2016, 04:46 #usdchf
USD/JPY: Yen in Demand Amid Risk-Off, 107 Tested The USD/JPY pair found support just ahead of 107 handle and now makes minor-recovery attempts as the JPY bulls jumped back on the bids amid poor risk sentiment across Asia. USD/JPY fails once again near 107.50 Having faced rejection just below 107...
Analytics & Forecasts
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6 May 2016, 04:42
Japan Re-Opens in the Red, Drags Asia Lower ahead of US NFP The Asian equities extend their losing streak into an eighth-day this Friday, headed for the biggest weekly loss since February, as weaker sentiment on the US stocks amid renewed oil price sell-off extended into the Asian trades...
Analytics & Forecasts
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6 May 2016, 04:38
AUD/USD Meets Fresh Supply on RBA SoMP, Attacks 0.7400 The AUD/USD pair snapped the previous rebound and resumed its recent downtrend, with the bears tightening their grip following the release of RBA’s Statement of Monetary Policy (SoMP). AUD/USD drops from 0...
Analytics & Forecasts
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6 May 2016, 04:35
AUD Hammered, RBA Hints at Further Rate Cuts The Australian Dollar has fallen sharp following the release of the RBA Quarterly Statement on Monetary Policy, in which the doors were left wide open for further rate cuts...
Analytics & Forecasts
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6 May 2016, 04:32
RBA's SoMP: Inflation Forecasts Slashed, Lowers Wages Outlook The RBA’s quarterly Statement on Monetary Policy (SoMP), issued quarterly, has been published, with the Central Bank lowering its inflation forecasts and wages outlook...
Analytics & Forecasts
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6 May 2016, 04:28