FxWirePro Short Term Outlook: Aussie to Drop to 0...
Analytics & Forecasts
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5 May 2016, 10:49
Technical Analysis of USD/JPY for May 05, 2013 USD/JPY is expected to trade in a higher range as the bias remains bullish. Overnight US stock indices continued to drift lower, weighed down by reignited concerns over global growth and weaker-than-expected ADP private payrolls data...
Analytics & Forecasts
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5 May 2016, 10:43 #technical analysis
Technical Analysis of USD/CHF for May 05, 2016 USD/CHF is expected to trade with a bearish bias. The pair stands firmly above its key horizontal support at 0.9530 and is likely to post further advance to 0.9605 at first...
Analytics & Forecasts
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5 May 2016, 10:40 #usdchf, technical analysis
Technical Analysis of NZD/USD for May 05, 2016 NZD/USD is under pressure. The pair remains under pressure below its key resistance at 0.6945. Even though a technical rebound cannot be ruled out at the current stage, its extent should be very limited...
Analytics & Forecasts
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5 May 2016, 10:37 #nzdusd, technical analysis
Technical Analysis of GBP/JPY for May 05, 2016 GBP/JPY is expected to trade in a lower range. The pair remains weak and is likely to challenge its nearest support at 154.40 in sight...
Analytics & Forecasts
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5 May 2016, 10:35 #technical analysis
Technical Analysis of Silver for May 05, 2016 Technical outlook and chart setups: Silver is seen to be trading at $17.45 levels at this moment after having bounced off the fibonacci 0.618 retracement levels as depicted here. The metal might be looking to continue higher towards $18...
Analytics & Forecasts
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5 May 2016, 10:31 #silver, technical analysis
Technical Analysis of Gold for May 05, 2016 Technical outlook and chart setups: Gold has formed a bottom around $1,271.00/72.00 levels yesterday before turning higher again. Please note that the metal has bounced off the fibonacci 0.382 support as expected and discussed earlier...
Analytics & Forecasts
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5 May 2016, 10:29 #gold, technical analysis
Technical Analysis of EUR/JPY for May 05, 2016 Technical outlook and chart setups: The EUR/JPY pair seems to be pushing above 123.00 levels at this moment, looking to rise through 124.50 levels at least before reversing lower...
Analytics & Forecasts
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5 May 2016, 10:26 #technical analysis
Elliott Wave Analysis of EUR/NZD for May 5 - 2016 Wave summary: We now have a clear break above the red resistance line from 1.7223 confirming that wave [iii] of 3 is developing, so it should only be a question of time before the real upside acceleration is seen...
Analytics & Forecasts
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5 May 2016, 10:24
Technical Analysis of GBP/CHF for May 05, 2016 Technical outlook and chart setups: The GBP/CHF is seen to be trading at 1.3900/10 levels, unchanged from yesterday. But please note that the pair has re-tested lows at 1.3815/20 levels and bounced back...
Analytics & Forecasts
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5 May 2016, 10:22 #gbpchf, technical analysis