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Daily Analysis of GBP/USD for March 10, 2016 On H1 chart, GBP/USD is currently being supported by the 1.4183 zone, as the bullish bias stays intact. The 200 SMA in this time frame is slightly neutral, as we're still considering the resistance level of 1.4267 as a possible level to be broken...

Elliott Wave Analysis of EUR/JPY for March 10, 2016 Wave summary: Resistance at 125.23 needs to protect the upside for a break below 124.22 and more importantly below support at 123.01 to confirm the expected decline to 119.90 and possibly even lower to 117.35. If, however resistance at 125...

Elliott Wave Analysis of EUR/NZD for March 10, 2016 Wave summary: An unexpected rate cut from RBNZ acted as a catalyst for the expected acceleration through the resistance line near 1.6341. It indicates that wave [ii] ended at 1.6085 and wave [iii] towards 1.8551 now is developing...

Technical Analysis of GBP/CHF for March 10, 2016 Technical outlook and chart setups: The GBP/CHF pair is pushing higher towards 1.4300 levels it seems. The pair is out of the ending diagonal as depicted here and could be setting up for a deeper corrective rally towards 1.4850/1...

Technical Analysis of EUR/JPY for March 10, 2016 Technical outlook and chart setups: The EUR/JPY pair is trading higher at 128.80/90 levels for now, looking to extend rally towards 128.00 levels at least. The structure indicates that the pair might have completed 5 waves drop from 141...

Technical Analysis of GBP/JPY for March 10, 2016 GBP/JPY is set to a further advance. The pair validated an intraday "V"-bottom pattern, and is now heading upward. The 20-period moving average turned up, and also crossed above the 50-period one, which should be a strong positive signal...

Technical Analysis of NZD/USD for March 10, 2016 NZD/USD is expected to trade in a lower range. The pair yesterday broke below its intraday trading range pattern, which should confirm a bearish outlook. The 20-period simple moving average is also turning down, and crossed below the 50-period one...

Technical Analysis of USD/CHF for March 10, 2016 USD/CHF is expected to trade in a bullish bias above 0.9940. The pair stands firmly above its nearest support at 0.9940, and is likely to post a new rebound in the coming trading hours. The relative strength index is mixed to bullish...

Talking Points The Australian Dollar rallied against its major peers Chinese 2Q GDP crossed the wires above estimates 2 year yields rallying suggests ebbing RBA rate cut bets Having trouble trading the Australian Dollar? This may be why...

Talking Points JPMorgan beats top and bottom line estimates in second quarter earnings report The outlook for the banking sector’s earnings has significantly improved with the first release Fears of ongoing Brexit fallout for banks has cooled, adding to risk appetite Having trouble trading the US...

Talking Points: Earnings and BoE promise to support the UK's markets contributed to another bull leg to record highs for SPX USDollar has held to tight congestion for 14 straight trading days, will CPI or Fed chatter force a break...

Talking Points: Crude Oil Technical Strategy: Favoring Downside < $45/bbl Intermarket Analysis Shows US Dollar Within A Whisper Of A Breakout Sentimental Trading System Shows The Trend May Be Reversing The price of WTI Crude Oil (CFD: USOil) traded at its lowest levels in two months this week...

Talking Points USDCHF pullback looks to US data for support Updated targets & invalidation levels USDCHF 60min Technical Outlook: USDCHF failed to hold above a key r Fibonacci resistance confluence earlier this week with a break below the weekly open shifting the immediate focus lower...

Talking Points: - ASX 200 moves above the 5,380-5400 long term range top resistance - Push higher marks new 2016 highs - Index may need to see a “higher low” formed above 5,380-5,400 to signal a clear shift in trend If you’re looking for trading ideas, check out our Trading Guides Here...

Talking Points: - USD/CNH failed to hold above 6.7000 after a one day close higher - Pair finding possible short term support at around 6.6860 - A move lower could see potential support at 6.6500 Find REAL TIME traders positioning with DailyFX’s SSI Indicator Here...

-The last USD/JPY update noted that “even a ‘bounce’ could approach 105. Nothing on the long side is worth a shot until/unless the rate stabilizes above 102.20 (Brexit day close). 105...