To add a new post, please log in or register
The common currency ends the day higher against its American rival, albeit having held within quite a limited intraday range, and below the 1.0900 figure. Key Quotes: "The macroeconomic calendar was light amid a Christian holiday, observed by many European countries...
Analytics & Forecasts
  • 61
sathish kumar, 9 December 2015, 02:15
AUD/USD is currently trading at 0.7213 with a high of 0.7270 and a low of 0.7186. AUD/USD has recovered back on the 0.72 handle after making lows to 0...
Analytics & Forecasts
  • 57
sathish kumar, 9 December 2015, 02:13
The EUR bulls took a breather in its upsurge in the early Asian trades, with EUR/USD clinching to Tuesday’s gains ahead of another data-quiet session today. EUR/USD capped below 1.0900 Currently, the EUR/USD pair trades modestly flat at 1.0887, oscillating in a 10-pips tight range...
Analytics & Forecasts
  • 75
sathish kumar, 9 December 2015, 02:08 #EUR/USD
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, and NZD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish against the 1.0980 recent highs. Resistance in the 1.1100 area is expected to help keep the overall focus lower...
Analytics & Forecasts
  • 46
Vasilii Apostolidi, 8 December 2015, 22:40 #usd/jpy, GBP/USD, EUR/USD
The Nikkei 225 fell 1.04% or 203 points, ending at 19,492.60 on Tuesday, tracking Wall Street losses at the beginning of the day, further weighed by a continued decline in crude oil prices. The index traded as low as 19,222, and aims to open around 19,360, its lowest in three weeks...
Analytics & Forecasts
  • 71
  • 1
sathish kumar, 8 December 2015, 22:15 #Nikkei
The Nikkei 225 fell 1.04% or 203 points, ending at 19,492.60 on Tuesday, tracking Wall Street losses at the beginning of the day, further weighed by a continued decline in crude oil prices. The index traded as low as 19,222, and aims to open around 19,360, its lowest in three weeks...
Analytics & Forecasts
  • 58
  • 1
sathish kumar, 8 December 2015, 22:15 #Nikkei
Crude oil prices fell further on Tuesday and closed slightly lower despite having bounced from fresh 6-year lows sub $37.00 a barrel. WTI had a volatile session, oscillating between $36.64 and $38.58 a barrel, before settling at $37.52, down 0.28% on the day and posting its third loss in a row...
Analytics & Forecasts
  • 82
  • 1
sathish kumar, 8 December 2015, 22:12
The UK currency weakened against most of its major peers, but gained against the CAD, as falling oil prices sent the commodity-related currency to its lowest level in over 11 years against the greenback. GBP/CAD advanced for a second day in a row and posted a fresh 2-month high of 2.0424...
Analytics & Forecasts
  • 88
sathish kumar, 8 December 2015, 22:11
The euro finished higher against the yen on Tuesday and it continued to consolidate above 133.00. EUR/JPY peaked at 134.00 during the American session and finished trading around that level. EUR/JPY technical outlook Last week it peaked above 134.50 and then pulled back...
Analytics & Forecasts
  • 53
sathish kumar, 8 December 2015, 22:08
USD/JPY is currently trading at 123.05 with a high of 123.40 and a low of 122.71. Despite the Japanese GDP in Q3 with the real GDP growth in Japan being revised upwards to an annualized expansion of 1.0% from an initially reported contraction of -0...
Analytics & Forecasts
  • 81
sathish kumar, 8 December 2015, 22:06 #usd/jpy
EUR/USD printed a fresh daily high recently at 1.0902 but if failed to continue to rise above 1.0900 and pulled back modestly below. It was trading at 1.0890, 55 pips above the level it closed yesterday...
Analytics & Forecasts
  • 59
sathish kumar, 8 December 2015, 22:02
USD/CAD pulled back from fresh 11-year highs above 1.3600 as the loonie took back losses in tandem with oil prices, although the relief was short-lived. USD/CAD retreated from a peak of 1.3621 but the downside was contained by the 1...
Analytics & Forecasts
  • 72
sathish kumar, 8 December 2015, 22:00 #usd/cad
EUR/JPY pair continues trading range bound, ending the day slightly higher amid EUR's strength, although with the pair still unable to firm up above the 134.00 figure...
Analytics & Forecasts
  • 57
sathish kumar, 8 December 2015, 21:58
Karen Jones, chief analyst at Commerzbank noted that USD/JPY needs to hold above the 122.20 support for an upside bias to remain. Key Quotes: "The intraday Elliott wave counts are pretty neutral. Resistance is offered by the 123.77 the recent high. Above here will target 125...
Analytics & Forecasts
  • 52
sathish kumar, 8 December 2015, 21:53 #usd/jpy
GBP/USD is on the offer on the 4hr chart although is finding some demand below the 1.50 handle to trade currently at time of writing back on 1.5030...
Analytics & Forecasts
  • 51
sathish kumar, 8 December 2015, 21:51
- EUR/GBP is about to post the highest daily close since October 21 as it continues to trade above 0.7250. A weak pound boosted the pair that broke above 0.7250 and climbed to 0.7279, new monthly high...
Forecasts
  • 97
sathish kumar, 8 December 2015, 21:42 #eur/gbp
Christmas is knocking. Every traders are trying to earn more profit from forex market to celebrate this holy festival. That’s why few good brokers also offering some amazing bonus to increase traders benefit. Let’s see, which type of bonus are offering by FXCC...
Analytics & Forecasts
  • 184
  • 1
Pankaj D Costa, 8 December 2015, 20:11
The Royal Bank of Scotland estimated the most interesting pairs to trade and their directions of the price movement in a medium-term situation and for long-term in 2016. The EUR/USD price was estimated as a short in a medium-term and for 2016 as well: second pivot support level (S3 Pivot) at 0...
Analytics & Forecasts
  • 1613
News, 8 December 2015, 18:34
The Norwegian krone is sharply lower vs. the single currency during the first half of the week, lifting EUR/NOK to fresh highs around 9.6100 the figure...
Analytics & Forecasts
  • 66
sathish kumar, 8 December 2015, 16:19
The Norwegian krone is sharply lower vs. the single currency during the first half of the week, lifting EUR/NOK to fresh highs around 9.6100 the figure...
Analytics & Forecasts
  • 42
sathish kumar, 8 December 2015, 16:19