Technical Analysis of NZD/USD for March 18, 2016 NZD/USD is expected to continue its upside movement. The pair is in a solid uptrend, supported by its ascending 50-period moving average...
Analytics & Forecasts
  • 80
  • 1
18 March 2016, 09:03 #nzdusd, technical analysis
Technical Analysis of GBP/JPY for March 18, 2016 GBP/JPY is expected to trade with a bullish bias. The pair, which is trading around the 20-period (30-minute chart) moving average, is retesting the first upside target at 161.85...
Analytics & Forecasts
  • 81
  • 1
18 March 2016, 09:00 #technical analysis
Elliott Wave Analysis of EUR/NZD for March 18, 2016 Wave summary: Overnight a spike to a low of 1.6435 has been seen. This likely marks the end of a small wave two correction and a minor wave three higher is about to take off...
Analytics & Forecasts
  • 91
  • 1
18 March 2016, 08:52
Elliott Wave Analysis of EUR/JPY for March 18, 2016 Wave summary: There is a rally; nothing new to add here. We continue to expect minor resistance at 126.70 will protect the upside for a break below minor support at 125.05 calling for renewed downside pressure towards 122.06 and lower to 119.90...
Analytics & Forecasts
  • 85
  • 1
18 March 2016, 08:28
Technical Analysis of EUR/USD for March 18, 2016 When the European market opens, some economic news will be released such as the German PPI m/m. The US will release economic data too such as Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment...
Analytics & Forecasts
  • 100
  • 1
18 March 2016, 08:19 #technical analysis
Technical Analysis of USD/JPY for March 18, 2016 In Asia, Japan will release the Monetary Policy Meeting Minutes and the US will release some economic data such as Prelim UoM Inflation Expectations and Prelim UoM Consumer Sentiment...
Analytics & Forecasts
  • 68
  • 1
18 March 2016, 08:15 #technical analysis
Daily Analysis of Major Pairs for March 18, 2016 EUR/USD: The EUR/USD pair broke upwards on Wednesday, ending the short-term consolidation phase in the market. The price moved further upwards on Thursday – making it a movement of at least 260 pips within two days...
Analytics & Forecasts
  • 87
  • 1
18 March 2016, 08:09
Asian Stocks Aim for Fifth Weekly Gain, Turn Positive for the Year Asian stock markets advanced on Friday following an oil-driven rally on Wall Street yesterday. Scorecard MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0...
Market News
  • 81
  • 1
18 March 2016, 07:42
Daily Analysis of USDX for March 18, 2016 The Index is currently working on performing a breakout below the support zone of 94.69, in order to extend the decline towards the 93.89 level, after a strong bearish move was seen during yesterday's session...
Analytics & Forecasts
  • 93
  • 1
18 March 2016, 07:39
Daily Analysis of GBP/USD for March 18, 2016 On the H1 chart, GBP/USD has been forming a higher high pattern after a bullish momentum gained above the 200 SMA. Currently, it's facing off the strong resistance around the 1...
Analytics & Forecasts
  • 97
  • 1
18 March 2016, 07:34