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Technical analysis of EUR/USD for February 26, 2016 26 Februari 2016 9:44 AM When the European market opens, economic news on the Italian 10-y Bond Auction, Spanish Flash CPI y/y, French Consumer Spending m/m, and German Prelim CPI m/m is due to be released...

Daily analysis of GBP/USD for February 26, 2016 26 Februari 2016 9:52 AM The GBP/USD pair is trying to break the support level of 1.3963, but we have witnessed rejection from that level, and now the pair is doing a corrective move towards the level of 1.4069...

Daily analysis of USDX for February 26, 2016 26 Februari 2016 9:53 AM The USDX is finding dynamic support above the 200 SMA and trying to extend the rebound until the resistance level of 97.77. When the index achieves in breaking the support level of 97...

Elliott wave analysis of EUR/JPY for February 26, 2016 26 Februari 2016 11:35 AM Wave summary: A sharp rally from a low of 122.42 clearly confirms that wave a is over and wave b is unfolding now. The first wave b targets the level of 127.41, but we could move even closer to 130...

Elliott wave analysis of EUR/NZD for February 26, 2016 26 Februari 2016 11:44 AM Wave summary: It is very disappointing to see this cross making a new corrective low. The breakout below the former low of 1.6338 has just made this correction even more complex and calls for a move closer to 1...

EUR/GBP retreats from highs, near 0.7910 26 Februari 2016 6:36 AM EUR/GBP is so far managing well to keep the trade in the upper bound of the weekly range, now around 0.7910 after a brief test of the 0.7125/30 band. EUR/GBP consolidates above 0...

USD/CAD unchanged in the mid-1.3500s, oil eyed 26 Februari 2016 6:50 AM USD/CAD is looking to consolidate around 1.3550 following yesterday’s deep sell-off to multi-week troughs...

EUR/USD retreats from 1.1070, focus on German CPI 26 Februari 2016 7:11 AM The upside momentum in the single currency is now easing a tad, dragging EUR/USD to the mid-1.1000s ahead of the European open. EUR/USD attention to EMU, German data The pair remains in the mid-1...

EUR/USD forecast: eyes on US GDP – Commerzbank and Danske Bank 26 Februari 2016 7:19 AM EUR/USD is confirming its recent upbeat momentum, although the upside run out of legs around 1.1070 ahead of the US GDP figures due later...

EUR/USD trims gains, drops to 200-DMA as European stocks rise 26 Februari 2016 8:16 AM The stocks markets in Europe opened higher, establishing risk-on trade and thus pushing the EUR/USD pair back to its 200-DMA located at 1.1047...

AUD/USD supported at 200 Hour SMA 25 Februari 2016 1:50 AM AUD/USD has settled at the 20 sma on the hourly chart at 0.7160 post the Capex sell-off and the yuan fixing. The PBoC fixed the yuan at 6.5318 and injected a huge 340b yuan in reverse repos vs yesterday's mid point fix of 6.5302...

USD/JPY finds fresh bids near 112 on BOJ’s Kiuchi 25 Februari 2016 2:22 AM The US dollar tries hard to regain control against its Japanese counterpart, now keeping USD/JPY supported above 112 handle over the last hours. USD/JPY capped below 5-DMA at 112...

USD/JPY fades a spike to hourly 100-SMA 25 Februari 2016 3:17 AM USD/JPY catches fresh bid tone in the last hour, as the yen lost complete control following BOJ Kiuchi’s comments and rebound in the Japanese stocks...