EUR/USD Drops Further to 1.1380 on German Data, PMIs Eyed The EUR/USD pair is seen extending its retreat from ahead of 1.14 barrier into early Europe, and now hovers near session lows, awaiting fresh incentives from the EMU data releases. EUR/USD remains below 1.1400 Currently, EUR/USD trades -0...
GBP/USD Rejected at 50-DMA, Drops Below Hourly 200-MA GBP/USD was rejected at 50-DMA level of 1.4278 in Asia following bears strengthened their hold and pushed it below 1-hr 200-MA located at 1.4254 levels. Trades below hourly 50-MA The spot also sits below its hourly 50-MA level of 1.4249...
On Tuesday, the #yen is rising against the U.S. #dollar. On the one hand the growth was caused by a sharp increase in the wage level in Japan. On the other hand the uncertainty weighs on the dollar ahead of the publication of the #Fed meeting minutes. Find out more by checking out the Source Link...
USD/CAD Keeps Highs Near 1.3100 After climbing as highs as 1.3110 in overnight trading, USD/CAD has surrendered some pips and has returned to the 1.3100 region for the time being...
NZD/USD Under Heavy Selling Pressure, Below 0.6800 The offered tone around the NZD keeps growing bigger in the early European trades, dragging NZD/USD below 0.68 handle. NZD/USD on its way to 20-DMA at 0.6775 Currently, the NZD/USD pair trades -0.69% lower at fresh session lows at 0...
CAD: BoC’s Next Meeting Should be a Notable One - RBS Brian Daingerfield, FX Trading Strategist at RBS, suggests that the Bank of Canada’s next meeting on April 13th should be a notable one...
USD/JPY is a Buy on Dips - Westpac Robert Rennie, Research Analyst at Westpac, suggests that they have argued USD/JPY is a buy on dips sub-112 even though the price action has been patchy at best...
NZD/USD Heading for 0.7200 - Westpac Imre Speizer, Research Analyst at Westpac, suggests that NZD/USD finally broke out of its contracting range which had formed since Sep 2015 with bullish implications. Key Quotes “Assuming it remains above 0.6875, we target 0.7200 during the next few weeks...
FXWIREPRO: Gold Breaks Key Resistance at $1222, Intraday Bias Remains Bullish XAU/USD is currently trading around $1225 mark. It made intraday high at $1226 and low at $1214 levels. Intraday bias remains bullish till the time pair holds key support at $1214 marks...
Falling oil prices are driving a slight bid in the Japanese currency, strategists say Falling oil prices helped support haven bids in the yen on Monday as Japanese stocks weakened while expectations for a slower pace of Federal Reserve interest-rate hikes sapped demand for the dollar...
USD/JPY Weaker Below 111, Yen Gains Amid Risk-off The USD/JPY pair extends its bearish momentum for the third consecutive session this Tuesday, mainly driven by rising demand for the safe-haven yen amid persistent risk-off trades...
EUR/USD Struggles to Extend Gains Above 1.1400 Having peaked at 1.1405 in early Asia, the EUR/USD pair is seen oscillating below 1.14 handle over the past couple of hours, as risk-off moods dominate markets. EUR/USD: Final services PMIs in focus Currently, EUR/USD trades 0.05% higher at 1...
FXWIREPRO: AUD/USD Weak ahead of RBA, Posts Fresh Five-Day Lows at 0.7570 Dismal Australia trade data along with widespread risk aversion weighing heavily on the high-yielding Aussie. Bears tightened their grip pushing AUD/USD to fresh five-day lows at 0.7570...
ASX200 Breaks Major Support 4960, Targets 4860 Major resistance - 4960 ASX200 has broken major support 4960 and declined till 4922 at the time of writing. It is currently trading at 4923. Short term trend is slightly weak as long as resistance 5020 holds...
Nikkei 225 Breaks Major Support Around 16000, Targets 15500/15000 Major Support - 16000 The index has broken major support 16000 and declined till 16745 at the time of writing .It is currently trading around 15773.Short term trend is bearish as long as resistance 16450 (7 W EMA) holds...
FXWIREPRO: Singapore Dollar Erases Previous Gain Against US Dollar, Good to Buy on Dips USD/SGD is currently trading around 1.3557 marks. It made intraday high at 1.3561 and low at 1.3516 levels. Intraday bias remains bullish till the time pair holds initial support at 1.3487 levels...
FXWIREPRO: USD/KRW Hovers Around Key Resistance at 1154, Intraday Bias Remains Neutral USD/KRW is currently trading around 1156 levels. It made intraday high at 1157 and low at 1154 levels. Intraday bias remains neutral for the moment...
Gold Rebounds in Asia Amid Risk-Aversion, $ 1230 Eyed Gold prices halted its 2-day losing streak and swung back higher in the mid-Asian session, after the bulls were rescued by deteriorating risk-sentiment. Gold sees a relief rally Currently, gold jumps +0.81% to 1225...
Asian Stocks Hit by Oil Slide, Nikkei Sinks on Yen The Asian equity markets fell back in the negative territory on Tuesday, after a brief relief rally seen the day earlier, as continued weakness in the oil prices rattled investors’ confidence and triggered a renewed risk-aversion wave across the...
