EUR/USD: Neutral: Weakness could extend to 1.0990 but odds for such a move are slim. We were of the view that a short-term top is in place at 1.1375 and the corrective pull-back from the high could extend lower to 1.1060. We have seen a low of 1...
There is no trade call for the session. Ahead we will focus on UK Retail Sales. A deviation in either direction can dictate sterling bias for the session...
Throughout the trading week, the #euro was declining against the U.S. #dollar. Sales of #EURUSD happened on Thursday, after the publication of the #ECB meeting minutes. Although the market had expected that the minutes will be pretty "dovish", the response was strong enough...
AUD/NZD is currently trading at 1.0742 with a high of 1.0783 and a low of 1.0740. The Aussie is lower with the recent comments form RBA's Edwards crossing the wires saying he would be more comfortable with the Aussie at 0.65...
Asian stocks snap rebound, track Oil lower 19 Februari 2016 2:29 AM The sentiment on the Asian bourses turned sour on the final trading day of the week, bringing an end to the recent rebound as well as paring the biggest weekly upsurge since December 2011, as oil prices fell resumed the downtrend...
GBPJPY: With GBPJPY taking back its intraday price losses to close lower on Thursday, further bearishness is envisaged. On the downside, support comes in at the 161.00 level where a violation will aim at the 160.50 level. A break below here will target the 160.00 level followed by the 159...
EURUSD on the daily chart, is forming a very clear 1-2-3-4-5 elliot waves structure . Fifth wave target will be at the strong previous resistance of 1.6100 Estimation of period is about 1-2 weeks for it to reach the 1.6100 zone. So EURUSD is BULLISH for the next 10-15 days...
Price is being supported by demand presently. Above daily pivot and on top of pivot channel. Two supply areas above. Looking for 1.4318 top of demand to hold targeting 1.4416. Bottom of first demand is 1.4297...
GBP/NZD: Turn of the Tide? 2.1437 Line in the Sand Talking Points GBP/NZD at pivotal support ahead of EU Summit / UK Retail Sales Updated targets & invalidation levels Event Risk on Tap This Week...
The following are the latest technical setups for EUR/USD, USD/JPY, EUR/JPY, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Yesterday’s “doji” candle warns of a potential top...
The euro is slowly drifting lower again after breaking above the 1.1000 level in early February on the back of the escalation in financial market turmoil, notes Bank of Tokyo Mitsubishi UFJ (BTMU...
GBPUSD: Having the pair halted its downside pressure and threatening recovery, we expect price extension to occur. Support lies at the 1.4300 level where a break will turn attention to the 1.4250 level. Further down, support lies at the 1.4200 level...
FX Forecasts: We retain our NZD/US$ forecasts at 0.68, 0.64 and 0.62 on a 3-, 6- and 12-month view. This implies €/NZD at 1.53, 1.56 and 1.53...
It would seem that several major markets have now reached something of an inflection point as oil reaches some key levels...
COSMOS4U MACD Indicator under 20, 42, 17 parameters given from COSMOS4U technical analysis research department, generated a buy signal for XAUUSD spot price in H1 timeframe (18 FEB 2016 03:00 PM UTC...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD. EUR/USD: We would look to establish fresh shorts around 1.1170-1.1200 with stops above 1.1225, for 1.1100...
COSMOS4U MACD Indicator under 20, 42, 17 parameters given from COSMOS4U technical analysis research department, generated a sell signal for XAUUSD spot price in H1 timeframe (18 FEB 2016 12:00 PM UTC...
COSMOS4U MACD Indicator under 45, 132, 5 parameters given from COSMOS4U technical analysis research department, generated a sell signal for EURUSD spot price in H1 timeframe (18 FEB 2016 12:00 PM UTC...
Decision Time for Risk, USD-pairs; CAD-crosses at Inflection Points Talking Points: - USD/CAD breaks lower, respecting technical momentum; EUR/CAD may be next. - AUD/USD, NZD/USD, USD/JPY moves contingent on what broader risk assets - like the S&P 500 - do next...
