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USD/JPY Corrects Lower to Sub-111.00 Levels The greenback is now receding further vs. the Japanese currency, sending USD/JPY to test the area below the 111.00 handle. USD/JPY looks to US docket The pair’s upside momentum has once again failed ahead of the 111...

CAD: Setting Up for Real GDP – TDS Research Team at TDS, suggests that despite cooling over the course of the quarter, the Canadian economy is forecast to have grown by an annualized rate of 2.7% in Q1...

Elliott Wave Analysis of EUR/NZD for May 31 - 2016 Wave summary: We continue to look for a rally above minor resistance at 1.6715 to accelerate prices higher towards resistance at 1.6931 and 1.7220 on the way higher to the long-term target at 1.8420. In the short term, support is seen at 1...

Elliott Wave Analysis of EUR/JPY for May 31 - 2016 Wave summary: We continue to look for more upside progress after a minor consolidation between 123.50 and 124.15 with the next minor upside target to look for seen at 124.65, and above here the important short-term resistance at 126...

EUR/GBP Recovers to 0.7600 Handle Ahead of EU CPI After an initial downward spike to 0.7572 on the back of latest 'Brexit' poll results, the EUR/GBP pair has managed to stage a minor recovery and turn flat to currently trade just above 0.7600 handle...

Daily Analysis of USDX for May 31, 2016 USDX pulled back at the start of the week, looking to correct the recent upside moves, and now we could expect another decline toward the 200 SMA price zone, which is very close to the support level of 95.22...

Daily Analysis of GBP/USD for May 31, 2016 As we expected, GBP/USD is doing a rebound above the 200 SMA on the H1 chart, in an effort to resume the bullish bias toward new highs on a short-term basis. The next resistance is still placed at the 1...

Daily Technical & Trading Outlook - EUR/USD DAILY EUR/USD TECHNICAL OUTLOOK Last Update At 31 May 2016 00:34GMT Trend Daily Chart Down...

2 Rules to Conquer Trading Key rules to trading...

USD/JPY Flat at 111.15, Eyeing US Economic Data for Fresh Triggers The USD/JPY pair found fresh buyers at Asian session through level of 110.80, boosting the pair to 111.35 before retracing back to currently trade near 111.20, nearly unchanged from Monday's closing level...

USD/JPY and EUR/JPY Inched Higher Following the Delay of Sales Tax Hike Until October 2019 Market Movers The financial markets are closely scrutinising US economic releases to assess the strength of the US economy after being caught on the wrong foot with regard to the next Fed hike...

EUR/USD Drops to Lows Near 1.1120, EMU CPI Eyed The shared currency is losing the grip early in Europe today, sending EUR/USD to test daily lows in the 1.1130 area. EUR/USD attention to German, EMU data Spot is giving away part of yesterday’s gains, keeping the trade in the low-1...

GBP/USD Bullish, 1.5085 on the Cards? – Commerzbank Technicals are suggesting the probability of a visit to the 1.5080 area, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “GBP/USD is once again approaching 1...

FxWirePro: Aussie Gains Against Major Peers on Robust Housing, Private Sector Credit AUD/NZD is trading around 1.0760 marks. Pair made intraday high at 1.0764 and low at 1.0697 marks. Today Australia released building approval data with positive numbers at 3.0% m/m vs 2.9% m/m previous release...

FxWirePro: ASX200 Struggles to Close Above 5400, Good to Buy at Dips Major resistance - 5400 Major intraday Support - 5350 ASX200 has slightly retreated after making a high of 5411. It is currently trading at 5387. Short term trend is slightly bullish as long as support 5350 holds...

NZD/USD Tracks Aussie Higher Amid Improved Risk Sentiment The bid tone around the NZD/USD keeps growing bigger during the mid-Asian trades, mainly driven by improved risk conditions and renewed buying in its OZ neighbour AUD. NZD/USD heads towards 100-DMA at 0...

USDCHF Daily Forecast: May 31 2016 USDCHF Forecast The USDCHF was indecisive yesterday. The bias is neutral in nearest term but overall price is still in a bullish phase targeting 1.0000 region. Immediate support is seen around 0.9885...

Intra-Day Market Moving News and Views (USD/JPY) 31 May 2016 01:23GMT USD/JPY - ...... Although the greenback rose to session high at 111.45 in early European morning, price retreated to 111.03 and continued to trade in a narrow range in holiday-thinned conditions as UK and US markets were closed...

China Stocks Drive Asia Higher, ASX Bucks the Trend The stocks on the Asian indices caught a renewed bid-wave and jumped higher, mainly driven by a sudden rise witnessed in the Chinese equities...

S&P: Apartment Supply Boom a 'Growing Concern' for Australia In its latest review on Australia, the US rating agency, Standard and Poor’s (S&P) highlighted oversupply of apartments and settlement risks as the growing concerns within the economy...