EURUSD Daily Forecast: March 24 2016 EURUSD Forecast The EURUSD had a bearish momentum yesterday bottomed at 1.1159. The bias remains bearish in nearest term testing 1.1100 – 1.1065 region as a part of the false break bearish scenario as you can see on my H1 chart below...
Analytics & Forecasts
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24 March 2016, 05:22
GBPUSD Daily Forecast: March 24 2016 GBPUSD Forecast The GBPUSD continued its bearish momentum yesterday bottomed at 1.4082. The bias remains bearish in nearest term testing 1.4050. A clear break and daily close below that area could trigger further bearish pressure testing 1.3900 region...
Analytics & Forecasts
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24 March 2016, 05:21
USDJPY Daily Forecast: March 24 2016 USDJPY Forecast The USDJPY was indecisive yesterday but overall still able to maintain its bullish intraday bias so far. The bias remains bullish in nearest term testing 113.00 – 113.50. Immediate support is seen around 112.15...
Analytics & Forecasts
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24 March 2016, 05:20
Price Of Gold Pulls Back Sharply Amid Dollar Strength After ending the previous session moderately higher, the price of gold showed a substantial move back to the downside during trading on Wednesday. Gold for April delivery tumbled $24.60 to $1,224 an ounce after ending Tuesday's trading up $4...
Market News
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23 March 2016, 19:58
GBP/USD Coming a Cropper this Week on Brexit Fears GBP/USD has taken a beating, falling this week from 1.4395 meeting a low of 1.4095 so far with strong momentum...
Market News
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23 March 2016, 19:56
EUR/USD Falls for the Fourth Day in a Row EUR/USD printed a fresh daily low during the American session at 1.1159, hitting the lowest level since last Wednesday, when the Federal Reserve announced its decision on monetary policy...
Currency
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23 March 2016, 19:38
AUD/JPY: Downside Held Up by USD/JPY AUD/JPY has lost out to market's risk aversion and has penetrated the 85 handle to the downside now, testing levels below 84.80 support. AUD/JPY plummeted along with the Aussie from the 0.76 handle to deep levels on the 0.75 handle (0...
Currency
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23 March 2016, 19:34
USD/JPY: Bulls Hunting Down 114.50/155.00 - Scotiabank Analysts at Scotiabank explained the technical conditions surrounding USD/JPY. Key Quotes: "The MACD has turned bullish and the RSI appears set to make a near term break above 50. The 9 day MA (112...
Analytics & Forecasts
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23 March 2016, 19:32
Brexit Biggestthreat to Sterling - Rabobank Analysts at Rabobank explained that according to BoE Governor Carney Brexit is the biggest domestic risk to financial stability. Key Quotes: "That said, opinion polls suggest that the vote could still go either way...
Analytics & Forecasts
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23 March 2016, 19:29
Dollar Adding To Recent Strength The dollar is gaining ground against its major rivals Wednesday afternoon, continuing a trend that began at the end of the previous trading week...
Currency
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23 March 2016, 19:24