USDJPY Trades Below 107 By Brenda Kelly US GDP fell short of expectations yesterday and ultimately puts into question the recent optimism emanating from the Federal Reserve. The US dollar softened across the board as the first quarter growth was revised sharply lower to 0.5% q/q annualised from 1...
Analytics & Forecasts
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29 April 2016, 11:48
EUR/USD Dips Below 1.1400, GDP & Inflation Data Fail to Extend Support After a sudden spike through 1.1400 strong resistance, the EUR/USD pair pared gains and dropped to 1.1370 before recovering a bit to 1.1385 after the release of better-than-expected Euro-zone GDP data...
Analytics & Forecasts
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29 April 2016, 11:43
EUR/GBP Circa 0.78 Post EU CPI/GDP EUR/GBP is trading last just above the 0.78 handle, barely moved following the release of the European CPI and prelim Q1 GDP data, with inflation coming worse than expected, while growth figures revealed an upside surprise...
Analytics & Forecasts
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29 April 2016, 11:40
GBP/USD Drops to 1.4600 on Profit-Taking The GBP/USD pair dropped pared some of its early gains and reversed from 1.4664 to dip back towards 1.4600 round figure mark...
Analytics & Forecasts
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29 April 2016, 11:37
FxWirePro: BTC/USD Recovers After Making a Low of $435, Good to Buy at Dips Major support -$435 BTC/USD has recovered after making a low of $435.It is currently trading around $449.67...
Analytics & Forecasts
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29 April 2016, 11:34
Technical Analysis of Crude Oil for April 29, 2016 Technical outlook and chart setups: Crude oil is seen to be trading higher at 46.20 levels (spot) for now, looking to push higher towards 49.00 levels at least. Looking at the wave structure, a corrective rally is under way from 26...
Analytics & Forecasts
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29 April 2016, 11:30 #crude oil
Technical Analysis of USD/CAD for April 29, 2016 General overview for 29/04/2016: Not much has been changed in this market as it is still trying to complete the triple zig-zag pattern in the big wave Z brown...
Analytics & Forecasts
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29 April 2016, 11:28 #technical analysis
Technical Analysis of US Dollar Index for April 29, 2016 Technical outlook and chart setups: The US Dollar Index dropped lower today towards 93.36 levels before pulling back higher. The index is seen to be trading at 94...
Analytics & Forecasts
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29 April 2016, 11:25 #technical analysis
Technical Analysis of Silver for April 29, 2016 Technical outlook and chart setups: Silver has finally taken out major resistance at $17.75/77 levels today. The metal printed a high at $17.80/82 levels before pulling back and should be looking to drop lower from here on...
Analytics & Forecasts
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29 April 2016, 11:21 #silver, technical analysis
Technical Analysis of Gold for April 29, 2016 Technical outlook and chart setups: Gold has pushed higher beyond $1,275.00 levels, taking out stops for now. The yellow metal has hit $1,280.00 levels today and is now trading at $1,274.00/75.00 levels. Still, $1,283...
Analytics & Forecasts
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29 April 2016, 11:18 #gold, technical analysis