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RBA Preview - What to Expect in AUD/USD? AUD/USD was bid on broad US dollar weakness overnight after Yellen spoke on the nonfarm payrolls result and monetary policy in a speech in Philadelphia. The risk now comes with the RBA meeting today...
Yellen Removes “In The Coming Months” - Nomura Analysts at Nomura offered a review of Yellen’s speech. Key Quotes: "Federal Reserve Chair Yellen spoke in Philadelphia today...
USD/CAD Loonie Higher as Commodities Rise The Canadian dollar appreciated against the USD thanks to oil prices gaining as the uncertainty about a U.S. rate hike in June continues. The disappointing U.S...
FxWirePro: Aussie Gains Against Major Peers in Early Hours, RBA Rate Decision in Focus AUD/NZD is trading around 1.0667 marks. Pair made intraday high at 1.0674 and low at 1.0624 marks. Intraday bias remains neutral for the moment. A sustained close above 1...
GBPUSD: Having the pair rejected downside pressure on Monday, it now looks to recover higher in the days ahead. On the downside, support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300 level...
USDCAD Bearish FLAG pattern is going to reach the target. Intelligent CCI indicator is in oversold area and the -163 is the border. By leaving oversold and crossing up the -163 there is a bullish movement there. Probably the BUY signal happen around 1.280 in the Demand Zone...
June 6, 2016 Bangkok, Thailand In a bizarre story disclosed over the weekend, we learned that Belgium’s Princess Astrid was robbed by two assailants on a motorbike...
EUR/USD: Friday’s unexpected rally through 1.1350 on increased volumes makes us more bullish in the short term. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 A move above 1.1375 would signal higher towards targets in the 1.1420/50 area...
On Thursday 23 June, UK voters will decide whether to maintain the United Kingdom's membership of the EU. In the run-up to this referendum, we may see larger than expected volatility as the financial markets react to the final stages of the political campaigns...
Dear Matthew, The referendum to decide Britain’s membership of the EU will take place in 2 weeks time on Thursday the 23rd June. As we approach the day of the vote it is possible that markets will become increasingly volatile...
USDCHF: Having the pair sold off the past week and followed through lower during Monday trading session, further weakness is envisaged. On the downside, support lies at the 0.9662 level. A turn below here will open the door for more weakness towards the 0.9600 level and then the 0.9550 level...
Upside Vulnerability in USD/NOK From an hourly perspective, the USD/NOK has reached its lowest momentum reading of the last 20 days of trading. Moreover, the recent plummeting USD/NOK price action has been highlighted by an above-average reading in the MACD histogram...
RBNZ: Can There be a Surprise Cut in Rates? – TDS Research Team at TDS, suggests that the RBNZ is caught flat-footed when compared with the RBA...
GBP/USD Drops Back Below 1.4400 Handle, Still Holding 1.4350 Support The GBP/USD pair is witnessing a volatile session as the pair during Monday opening trade dropped to 1.4352 before staging a sharp recovery to 1.4463 and has now dropped back below 1.4400 handle...
Anticipation of Fed Policy is Shaping the Investment Climate - BBH Research Team at BBH, suggests that through the first part of the year, the swinging pendulum of expectations for the trajectory of Fed policy has been a major driver in the foreign exchange market...
USD/JPY Decline Could Extend to 106.00 – UOB According to the research team at UOB Group, USD/JPY’s downside could test the 106.00 area. Key Quotes “The weak US nonfarm payrolls print last Friday sent the USD/JPY even further lower to the 106-levels...
GBP/JPY Recovers Sharply but Turns Volatile to Trade Flat Near 154.00 The GBP/JPY pair staged a sharp recovery from a 7-week low level of 152.95, touched during earlier Asian session, and jumped to 154.90 before turning volatile and retracing back to currently trade flat around 154.00...
GBP/JPY Faces Resistance at 155.15, Break Above Targets 157.20/158 Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly-chart the pair should close above 155...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, June 6th GBP/USD has dropped sharply this morning, testing new three-week low at 1.4353 spot...
