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EUR/GBP Climbs to Session High of 0.7890, Remains Trapped in a Range The EUR/GBP pair has been steadily inching higher and as the London trading session gets underway has now moved to session peak level of 0.7890...

Gold Firmer, $ 1300 Back on Sight ahead of US CPI, Fed Minutes Gold kicked-off the week on a brighter note and now extends gains for the second straight day this Monday, on the back of poor China dataflow and a broadly weaker US dollar...

EUR/USD Climbs to Session High of 1.1325 Amid Thin Liquidity On the first day of a fresh trading week, the EUR/USD pair is witnessing a quiet and steady session amid low liquidity conditions on the back of bank holiday in France and Germany in observance of Whit Monday...

FxWirePro: Gold Breaks Key Resistance at $1282, Intraday Bias Remains Bullish - We Prefer Take Long Position XAU/USD is currently trading around $1281mark. It made intraday high at $1283 and low at $1270 levels...

GBP/USD Breaks Major Support at 1.43650, Decline Till 1.4240 Is Possible Major support – 1.4367 (200 day 4H MA) Major resistance – 1.4450 (55 day 4 H EMA) Cable has broken major support 1.4367 and declined till 1.4342. It is currently trading around 1.4354. On the lower side any break below 1...

FxWirePro: EUR/USD Faces Strong Support at 1.1250, Good to Buy at Dips Major support – 1.1250 (trend line joining 1.11527 and 1.12150) The pair has taken support near 55 day EMA and jumped till 1.13252 at the time of writing. It is currently trading around 1.13225...

FxWirePro: NZDJPY Faces Stiff Resistance at 73.80, Good to Buy Breakout Above NZD/JPY extending upside after slight gap down open on the day following poor Chinese data over the weekend. The pair has broken trendline resistance at 73...

FxWirePro: AUD/CAD Holds Above 78.6% Fib, Focus on RBA Minutes AUD/CAD has bounced off strong support by 78.6% Fib level at 0.9368. Daily charts show hanging man formation on Friday's trade, which supports upside. The pair has hit session highs at 0...

FxWirePro: Euro Strengthens Against Swedish Krona, Intraday Bias Remains Bullish EUR/SEK is currently trading around 9.3305 levels. It made intraday high at 9.3316 and low at 9.3045 levels. Intraday bias remains bullish for the moment. A sustained break above 9.33 tests key resistances at 9...

Technical Analysis of USD/JPY for May 16, 2016 USD/JPY is expected to trade with a bullish bias. Last Friday, US stock indices posted another losing session despite encouraging retail sales data (+1.3% month-on-month in April vs +0.8% expected and -0.3% in March...

Technical Analysis of USD/CHF for May 16, 2016 USD/CHF is expected to post some further gains. The pair bounced off its key support at 0.9700 and is likely to challenge its nearest resistance at 0.9795...

Technical Analysis of NZD/USD for May 16, 2016 NZD/USD is expected to trade in a lower range and is currently under pressure. The pair remains on the downside, capped by its falling 20-period and 50-period moving averages. The relative strength index is bearish below its declining trendline...

Technical Analysis of GBP/JPY for May 16, 2016 GBP/JPY is under pressure. The pair is accelerating on the downside after breaking below 157.15, which should now play a key resistance role. Meanwhile both 20-period and 50-period moving averages are descending and maintain a bearish bias...

Technical analysis of Silver for May 16, 2016 Technical outlook and chart setups: Silver dropped lower to $16.80 levels on Friday before pulling back. The metal is trading higher at $17.30 levels at this moment, expected to face resistance at $17.50 levels. Please note that $17...

Technical Analysis of Gold for May 16, 2016 Technical outlook and chart setups: Gold is seen to be trading higher for the day at $1,278.00 levels at this moment and is soon approaching a resistance zone around $1,280.00/82.00 levels. A push above $1,282...

Technical Analysis of EUR/JPY for May 16, 2016 Technical outlook and chart setups: The EUR/JPY pair is seen to be trading lower at 122.95 levels at this moment and should be looking to continue drifting lower below 121.40/50 levels going forward...

Technical Analysis of GBP/CHF for May 16, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be trading at 1.4020/25 levels at this moment and should remain well capped below 1.4225 levels going forward. The pair is expected to face stiff resistance around 1...

Daily Analysis of USDX for May 16, 2016 On the H1 chart, USDX has been riding a strong bullish bias since a rebound was performed from the 200 SMA (May 11th). Currently, new highs could be reached as soon as the Index does a breakout above the psychological zone of 95...

Daily Analysis of GBP/USD for May 16, 2016 GBP/USD broke the bullish trend line projected from the May 9th lows, and now we can expect a decline toward the support zone of 1.4316...

USD/CHF Recedes from Near 2-Tops Amid Light Trading The USD/CHF pair consolidates two back-to-back sessions of gains witnessed last week, now wavering in a tight range near two-week highs USD/CHF finds stiff resistance around 0.9770 region Currently, the USD/CHF pair trades almost unchanged at 0...