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Andrius Kulvinskas
Gold edged up Wednesday, boosted by expectations that Greece is nearing a debt deal with its international creditors. Gold prices continued their rally Wednesday as investor confidence is growing that Athens’ protracted standoff with the troika of international lenders is finally over...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD could resume its decline in H1
Analysts at Danske Bank see the pair resuming its downside, targeting 1.10 during the first half of 2015. Key Quotes “More broadly, the rise in the oil price and converging economic cycles is the main themes in FX markets”. “EUR/USD has rebounded sharply and the DXY index is weakening”...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD recovers from lows post Euro Zone PMI
EUR/USD recovered from session lows after services sector activities expanded across the Euro area economies with France bucking the trend. EUR/USD recovers from 1.1437 levels The EUR/USD erased partial losses and traded at 1.1471 levels, post the PMI data release...
Andrius Kulvinskas
パブリッシュされた投稿AUD/USD recovers from a rate cut slump
The AUD/USD pair has recovered most of its losses triggered by the surprise interest rate cut by the Reserve Banks of Australia (RBA) see in the previous session. Gains capped at 10-DMA The recovery seen in the AUD/USD pair was halted near the 10-DMA located at 0.7830 levels...
Andrius Kulvinskas
パブリッシュされた投稿GBP/USD might move towards 1.5250 levels
Valeria Bednarik, Chief Analyst at FXStreet, notes that today’s expectedly strong UK Markit Services PMI might support GBP/USD, expecting a break above the immediate resistance at 1.5220 to lead the pair higher towards 1.5250 levels...
Andrius Kulvinskas
パブリッシュされた投稿WTI Crude ends four-day rally as concerns of excess supply resurface
Crude prices in the US snapped a four day rally as concerns of excess supply resurfaced after a report in the US showed a rise in weekly inventory. Crude trades above 50-DMA Crude prices continue to trade above the 50-DMA located at USD 51...
Andrius Kulvinskas
パブリッシュされた投稿Rising oil pushes energy stocks higher
The Danske Bank Research Team, mentions that the further rise in oil prices led S&P 500 to register a gain of 1.4%, with energy stocks recording the biggest gains...
Andrius Kulvinskas
パブリッシュされた投稿GBP/USD short-term outlook positive – UOB Group
Analysts at UOB Group, view the short-term outlook for GBP/USD as positive, with immediate risk being on the upside. Key Quotes “Despite improving short-term upward momentum, only a break above the key resistance at 1.5270 would indicate the start of a sustained mid-term recovery...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD awaits services PMI data across the Eurozone
The EUR/USD pair trades dead flat as investors await services PMI reports across the Eurozone, while assuming Greek fears remain subdued. Stuck in a 30-pip range The pair has been restricted in a narrow range of 1.1483-1...
Andrius Kulvinskas
パブリッシュされた投稿Gold inches higher ahead of the European session
Gold prices inched higher on signs of weakness in the European equities even though Greek fears continue to subside. Safe haven demand may return on weak European equities The metal may see a rise in safe haven demand as the major European equity futures are trading in the red...
Andrius Kulvinskas
パブリッシュされた投稿GBP/USD steadies ahead of UK data
GBP/USD pared previous gains and steadied above 1.5150 levels as traders now await UK Service PMI reading which may beat market estimates following previous upbeat PMI reading from the UK. Sustains above 1.5150 The GBP/USD pair traded flat at 1.5156 levels, retreating from day’s high posted at 1...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD likely to retest 1.1535 levels
FXStreet Editor and Analyst, Omkar Godbole, expects EUR/USD might make another move towards its previous high at 1.1535 levels, with technicals supporting this view. Key Quotes “The pair witnessed an upside breakout from the trading range to test 1.1535 levels, before finishing at 1.1482 levels...
Andrius Kulvinskas
パブリッシュされた投稿NZD/USD rallies on RBNZ Wheeler’s speech
- NZD/USD extended its recovery mode in to the European morning, rallying to fresh session highs as traders continue to cheer Reserve Bank of New Zealand (RBNZ) Governor Wheeler’s dovish tone. Retraces from day’s high at 0.7449 Currently, the NZD/USD extended gains and trades at 0...
Andrius Kulvinskas
パブリッシュされた投稿Support & Resistance for EUR/USD
For today R4 - 1.1652 / R3 - 1.1587 / R2 - 1.1540 / R1 - 1.1500 SPOT 1.1471 S1 - 1.1449 / S2 - 1.1420 / S3 - 1.1360 / S4 - 1.1337 BUY AT 1.1427 FOR 1.1652 OBJECTIVE, STOP 1.1360...
Andrius Kulvinskas
パブリッシュされた投稿Session Recap: Oil rallies, USD falls
Dollar weakness was the theme of the day on Tuesday, and although there were no clear catalysts for the USD sell-off, oil recovery worked against the US currency for sure. EUR/USD rose 2 big figures and scored a high of 1.1533 amid headlines about Greek debt negotiations...
Andrius Kulvinskas
パブリッシュされた投稿Talk of a Grexit is premiture - BBH
Analysts at Brown Brothers Harriman noted the other the positive market reception to Greece's proposals. Key Quotes: "The essence of the new government's proposals is for a bond swap. It wants to exchange its bonds in the official sector with growth-linked bonds and perpetual bonds for the ECB...
Andrius Kulvinskas
パブリッシュされた投稿EUR/USD finds strong resistance at 1.1450; sideways
The Euro is the winner of the day; however, it's experiencing difficulties extending gains versus the US Dollar. After climbing over 100 pips from 1.1335 to trade at highs since January 22 at 1.1450, the EUR/USD is trading sideways now...
Andrius Kulvinskas
パブリッシュされた投稿AUD/USD recovers from six-year lows
The AUD/USD pair recovered from six-year low of 0.7624 as the recovery in Crude prices eased concerns of falling inflation expectations in the advanced world...
Andrius Kulvinskas
Andrius Kulvinskas
Trading plans are great in theory, but can you follow them in real time trading?
Andrius Kulvinskas
パブリッシュされた投稿US stocks likely to see a positive start
The US stocks are likely to see early buying after seeing a late strength in the previous session. The major index futures in the US are indicating a higher open for the markets. At the time of writing, the DJIA futures traded 0.43% higher at 17,373.50 levels, while the S&P futures traded 0...