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Technical Analysis of GBP/CHF for May 02, 2016 Technical outlook and chart setups: The GBP/CHF pair dropped to 1.3917 levels today in early hours trade before pulling back sharply. The pair is trading above 1.4000 levels at the moment, looking to rally towards higher levels...
AUD/USD Retakes 0.7600, Focus on RBA The Aussie dollar is posting moderate gains early in the European morning, pushing AUD/USD once again above the 0.7600 handle. AUD/USD looks to the RBA The pair has recovered some ground after testing recent lows in the mid-0...
EUR/USD Erases Early Gains, Holds Above 1.1450 Ahead of Euro-Zone PMI The EUR/USD pair pared early Asian session gains and moved back to morning opening level of 1.1465 as investors wait to see the final print of Euro-zone PMI figures for the month of April...
Elliott Wave Analysis of EUR/NZD for May 2 - 2016 Wave summary: The very slow start of what we expect is a new major rally to above 1.6833 and much higher is still developing in a slow motion way. That said, we are currently looking for minor support at 1...
Elliott Wave Analysis of EUR/JPY for May 2 - 2016 Wave summary: EUR/JPY has broken below the important support at 121.69 (a low has been seen at 121.66). The break below 121.69 does open a window for a decline all the way to the 117.37 - 117.99 area before the corrective low is finally in place...
Hours for operative EA (true/false). Open_Hour: Hour Open time (0-23). Open_Minute: Minute Open time (0-59). Close_Hour: Hour Close time (0-23). Close_Minute: Minute Close time (0-59...
Technical Analysis of EUR/USD for May 02, 2016 When the European market opens, some economic news will be released such as the Final Manufacturing PMI, German Final Manufacturing PMI, French Final Manufacturing PMI, Italian Manufacturing PMI, and Spanish Manufacturing PMI...
Technical Analysis of USD/JPY for May 02, 2016 In Asia, Japan will release the Final Manufacturing PMI and the US will release some economic data such as the Loan Officer Survey, ISM Manufacturing Prices, Construction Spending m/m, ISM Manufacturing PMI, and Final Manufacturing PMI...
Oil Extends Retreat from 2016 Highs on Rising OPEC Output Oil benchmarks on both sides of Atlantic faded a tepid bounce and fell back in the red this Monday, extending its retreat from fresh 2016 tops...
USD/JPY Recovers a bit, 107.00 Level Eyed for Further Recovery On Monday, the USD/JPY pair has managed to register some minor recovery from 106.00 vicinity to currently trade near 106.55 level...
EUR/USD Could Struggle Near 1.1500 – Commerzbank Axel Rudolph, Senior Technical Analyst at Commerzbank, sees the pair’s upside struggling in the boundaries of 1.1500. Key Quotes “EUR/USD is still rising but now digs into resistance which remains to be seen at the 1.1465/95 April and October peaks...
AUD/NZD: RBA to be the Main Influence on Near Term Direction - Westpac Imre Speizer, Senior Market Strategist at Westpac, suggests that it’s a big week for AUD/NZD cross, with the RBA likely to be the main influence on near term direction...
USD/JPY: Modest Support from Buying on Dips but Upside Capped – Deutsche Bank Taisuke Tanaka, Strategist at Deutsche Bank, notes that the major lifers have unveiled their investment strategies for FY3/17 and they face a situation in which securing yields in excess of the assumed rate of return is...
Chart: http://bi0l.blogspot.com/2016/05/eurusd-d1-monthly-forecast-2016-05.html Weather (Monthly): Calculated monthly level: Support (S1-m / S2 / S3 = 1.1283 / 1.1225 / 1.1130), resistance (R1-m / R2 / R3 = 1.1472 / 1.1530 / 1.1624). Key support levels (1st from 1.1141 to 1...
Daily Analysis of Major Pairs for May 2, 2016 EUR/USD: The EUR/USD went upwards by 230 pips last week. The movement lasted a week and has resulted in a bullish bias in the market. The resistance line at 1...
This week, the greatest attention of the market will be attracted with the U.S. #NonfarmPayrolls, as well as with #Fed members' speeches. Strong statistics and optimistic comments will strengthen expectations regarding the rate hike. Find out more by checking out the Source Link...
NZD/USD Struggles to Extend Above 0.70, Lower Oil Weighs Having peaked at 0.7020 in early Asia, the NZD/USD pair drifted lower as we head into early Europe, and now struggles to rise back above 0.70 barrier. NZD/USD: making higher tops on daily charts Currently, the NZD/USD pair trades 0...
NZD/USD Will Decline Throughout the Year - Westpac Imre Speizer, Senior Market Strategist at Westpac, notes that the NZD/USD was rescued from a breakdown by the RBNZ’s hawkish surprise last Thursday...
USD/CAD Keeps 1.2500… for Now There is no respite for the greenback so far, with USD/CAD posting marginal losses albeit managing to trade above the 1.2500 handle early in Europe. USD/CAD attention to US data, oil Spot has bounced off recent multi-month lows just below the 1...
EUR/GBP Seems Set to Extend Last Week Gains The EUR/GBP pair surged past 0.7800 handle on Friday and adding some more weight to 0.7855 on Monday has retraced a bit to dip below 0.7850 level. The pair has been witnessing corrective move from April highs and now seems to found strong support near 0...
