Add Long EUR/USD on Weakness, Sell GBP/USD - Westpac Research Team at Westpac, suggests that the GBP/USD remains high on their sell list for another week. Key Quotes “We sell GBP/USD at 1.4450, stop 1.4610. Doubt GBP has the vigour to punch much above 1...
Analytics & Forecasts
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21 April 2016, 07:25
NZD: ANZ New Zealand Job Ads Back on the Job – ANZ Sharon Zollner, Senior Economist at ANZ, notes that the NZ’s jobs ads rose strongly in March, and have now more than made up the ground lost in January, restoring the upward trend. Key Quotes “Job ads lifted 2...
Market News
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21 April 2016, 07:22
Long NZD/USD and Short USD/CAD – Westpac Research Team at Westpac, suggests to buy NZD/USD on weakness and to sell USD/CAD on strength. Key Quotes “With all three signals greenlighting an NZD long our signals are even more emphatically bullish NZD this week vs last week...
Analytics & Forecasts
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21 April 2016, 07:20
EURUSD Daily Forecast: April 21 2016 EURUSD Forecast The EURUSD failed to continue its bullish momentum yesterday bottomed at 1.1290. The bias is bearish in nearest term testing 1.1250 located around the H4 EMA 200 as you can see on my H4 chart below...
Analytics & Forecasts
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21 April 2016, 06:50
GBPUSD Daily Forecast: April 21 2016 GBPUSD Forecast The GBPUSD failed to continue its bullish momentum yesterday and hit 1.4320 earlier today. The bias is neutral in nearest term probably with a little bearish bias after another rejection to move above 1.4400 – 1...
Analytics & Forecasts
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21 April 2016, 06:48
USDJPY Daily Forecast: April 21 2016 USDJPY Forecast The USDJPY had a bullish momentum yesterday and hit 109.89 earlier today. The bias remains bullish in nearest term testing 110.00 – 110.96 area. Immediate support is seen around 109.50/20 area...
Analytics & Forecasts
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21 April 2016, 06:44
AUD/USD Struggles with 0.7800, Risk-on Back in Vogue? Having found solid support near 0.7785/90 band, the AUD/USD pair attempts to extend gains beyond 0.78 handle, following in-line with expectations Australian business confidence numbers...
Analytics & Forecasts
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21 April 2016, 06:39
IEA Chief: Oil Market, Prices to Return to Balance by 2017 International Energy Agency (IEA) chief Fatih Birol was on the wires earlier today, expecting oil markets to rebalance by 2017...
Crude Oil
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21 April 2016, 06:35
USDCHF Daily Forecast: April 21 2016 USDCHF Forecast The USDCHF had a bullish momentum yesterday and now struggling around 0.9715 key resistance as you can see on my daily chart below...
Analytics & Forecasts
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21 April 2016, 06:31 #usdchf
Key Events Ahead - Westpac Analysts at Westpac noted the key events coming up. Key Quotes: "Most forecasters see Bank Indonesia keeping rates at 6.75% though there are a few calling for a 25bp cut. The Asian calendar is otherwise quiet. UK Mar retail sales (ex-autos & fuel) is seen at -0...
Analytics & Forecasts
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21 April 2016, 06:28