FxWirePro: AUD/JPY Struggles to Hold Gains Above the 80 Handle, Bias Higher AUD/JPY has re-taken the 80.00 handle post RBA minutes which showed that the members were not so dovish at the May 3rd meeting...
Asian Markets Mix, Gold Back Above $1280 Major Asian indices are trading on a mix note on Tuesday morning. On the other side, Japanese Yen hovers around 109.00 marks against US dollar and Gold gains in early and trading back around $1280. Japan's Nikkei 225 index rallied 0.90% to 16,615.47 points...
EUR/USD Keeps Range Below 5-DMA ahead of EZ Data Having faced rejection at 5-DMA, the EUR/USD pair turned slightly lower and now consolidates in a slim range above 1.1310 region. EUR/USD awaits fresh impetus from EZ, US data Currently, EUR/USD trades modestly flat at 1...
USD/JPY Struggles with 109 Handle as Nikkei Pares Gains The USD/JPY pair is seen wavering below 109 handle since mid-Asia, unable to regain the last as persisting risk sentiment appears to taking a beating amid mixed Asian markets...
Short AUD/NZD: A Kiwi Can Fly above a Kangaroo – Nomura Research Team at Nomura, suggests that while there is already a cut priced into the AUD curve for the October meeting, and 1.8 cuts priced into to May of next year, this is not aggressive enough in our view...
NZD/USD Sold-Off Near 50-DMA on RBNZ Inflation Expectations The ongoing bullish momentum in the NZD/USD pair met fresh supply near 50-DMA at 0.6844, following the release of New Zealand’s RBNZ Q2 inflation expectations gauge. NZD/USD deflates from 0...
EURUSD Daily Forecast: May 17 2016 EURUSD Forecast The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.1200. Immediate resistance remains around 1.1350...
GBPUSD Daily Forecast: May 17 2016 GBPUSD Forecast The GBPUSD had a bullish momentum yesterday topped at 1.4414 and hit 1.4493 earlier today. The bias is bullish in nearest term testing 1.4530 region. Immediate support is seen around 1.4450 area...
USDJPY Daily Forecast: May 17 2016 USDJPY Forecast The USDJPY didn’t make significant movement yesterday but overall still able to maintain its bullish bias so far, still moving inside the bullish channel as you can see on my H1 chart below. The bias remains bullish in nearest term testing109...
USDCHF Daily Forecast: May 17 2016 USDCHF Forecast The USDCHF had a moderate bullish momentum yesterday topped at 0.9784. The bias is bullish in nearest term testing 0.9795 key resistance. A clear break and daily close above that area could trigger further bullish pressure testing 1...
FxWirePro: AUD/USD Spikes As Markets Price Out Rate Cuts Post Publication of RBA Minutes Minutes of the May 3rd RBA meeting were not as dovish as expected, AUD/USD spiked past the 0.73 handle...
Fxwirepro: ASX200 Struggles to Close Above 5400, Good to Buy at Dips Major resistance - 5380 Major Support - 5307 (10 day EMA) ASX200 has broken major resistance 5380 and jumped till 5397 at the time of writing. It is currently trading at 5388...
Nikkei225 Faces Strong Resistance at 17000, Good to Buy at Dips Major resistance - 16985 (100 day EMA) Major support - 16425 (10 day EMA) Nikkei index has slightly recovered after making a low of 16404.It is currently trading around 16582...
FxWirePro: Singapore Dollar Strengthens Against US Dollar in Early Asia, Good to Sell on Rallies USD/SGD is currently trading around 1.3668 marks. It made intraday high at 1.3697 and low at 1.3666 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3740...
FxWirePro: USD/JPY Hovers Around 109.00, Intraday Bias Remains Neutral USD/JPY is currently trading around 108.94 marks. It made intraday high at 109.10 and low at 108.88 levels. Today Japan will release revised industrial production data at 0430 GMT...
FxWirePro: South Korean Won Gains in Early Asia, Intraday Bias Remains Bearish USD/KRW is currently trading around 1172 levels. It made intraday high at 1175 and low at 1172 levels. Intraday bias remains bearish till the time pair holds key resistance at 1180 marks...
EURUSD: With EURUSD continuing to maintain its downside pressure, further downside pressure is likely. Support lies at the 1.1250 level. Further down, support comes in at the 1.1200 level where a violation will aim at the 1.1150 level. A break of here will target the 1.1100 level...
GBPUSD Weekly OutLook BEARISH Untuk sepekan kedepan akan ada beberapa Fundamental penting yang akan dirilis untuk zona ekonomi Inggris, diantaranya: 1. CPI y/y Selasa 17/05/2016 15.30 WIB. 2. Average Earnings Index 3m/y Rabu 18/05/2016 15.30 WIB. 3. Claimant Count Change Rabu 18/05/2016 15.30 WIB...
USD/JPY Climbs Back to 109.00 Zone USD/JPY advanced during the American session and reached fresh daily highs in recent dealings, despite below expectations US data. USD/JPY climbed back above the 109 mark and hit a daily peak of 109.08 before losing momentum...
