EUR/GBP Breaks Through 0.7800 Strong Resistance The EUR/GBP rose to session high of 0.7809 before retracing slightly back to the very important 0.7800 handle. The current EUR strength is backed by better-than-expected EU GDP data that provided the required boost to lift the pair above 0.7800 mark...
Analytics & Forecasts
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29 April 2016, 12:54
USD/CAD Drops to Fresh 10-Month Lows USD/CAD broke below 1.2510 (yesterday’s low) and fell to 1.2498 hitting the lowest level since July 1. Price remains near the lows, testing the 1.2500 area and holding a bearish tone...
Analytics & Forecasts
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29 April 2016, 12:50
XAU/USD: The Price of Gold has been Growing for the Fifth Day. Fundamental analysis of 29.04.2016. The price of gold has grown by almost 20% since the beginning of this year. The events of this week caused the rise in price of the precious metals...
Analytics & Forecasts
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29 April 2016, 12:13 #xauusd
USD/JPY Hits 18-Month Low of 107.00 The USD/JPY pair extended its slide further during European session and has now dropped to 107.00 level, hitting an 18-month low level...
Analytics & Forecasts
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29 April 2016, 12:05
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