FxWirePro: AUD/USD Calendar Spread Setup to Bridge Gap Between Call Premiums and IVs Before we begin, let's glance over something called implied volatility, we consider 1W IVs of 12.95% at spot FX 0.7718 levels and 12.45% for 1M tenors. ATM call premiums are trading 22...
FxWirePro: EUR/USD Faces Strong Resistance at 1.1320, Good to Sell on Rallies Major resistance – 1.1320 Major intraday resistance – 1.12650 (200 day 4H MA) The pair has slightly recovered after making a low of 1.12150 on Friday .it is currently trading around 1.12480...
AUD/USD Eyes on 0.7790 – UOB The research team at UOB Group expects the Aussie dollar to regain the 0.7790 in the next 1-3 weeks. Key Quotes “While the stop-loss for our bullish AUD view at 0.7660 is still intact, the down-move from the recent high of 0...
GBP/JPY Pulls Back After Touching Monthly High After giving up early gains, the GBP/JPY pair dropped to 160.00 psychological mark before retracing back over 60 pips to currently trade near 160.65 level. During Asian session gap-up opening, the pair touched its monthly high level of 161...
USD Longs Dropped, EUR Shorts Reduced - Rabobank Research Team at Rabobank, lists down the IMM Net Speculators’ Positioning as at 19 April 2016. Key Quotes “Despite the dovish position of the ECB, speculators have reduced their net EUR shorts for five consecutive weeks...
Friday's movement of #USDJPY was caused mainly with a fundamental factor. It is recommended to hold long positions in order to achieve the level of 113.80. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Bears broke a current support line of a short-term uptrend in #EURUSD, but their gains are hardly impressive. Quotes have reached the Fibo retracement level and, where the movement stopped. Find out more by checking out the Source Link...
10 Days ago, we wrote AAPL: Still Room to Go Up! and stated that it needed a move towards $117 – $120 to complete an intermediate 5-moves up from the lows...
Chart: http://bi0l.blogspot.com/2016/04/xauusd-weekly-forecast-2016-04-week4.html Estimated levels of the week: Support (S1-w / S2 / S3 = 1227,75 / 1221,79 / 1212,15), resistance (R1-w / R2 / R3 = 1247,04 / 1253,00 / 1262,64). Key resistance levels (1st from 1238.37 to 1244...
GBP/USD Bulls Fight Back Control, Re-takes 1.4450 The GBP/USD pair stages solid comeback from ahead of 1.44 handle, and now swings higher towards session tops as the underlying sentiment appears to turn in favour of risk currencies. GBP/USD bounces-off 1.4400 The GBP/USD pair trades 0...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, April 25th EUR/USD feels positive at the start of this week, bouncing of the lowest level in the last three weeks. Now pair consolidating in the mid-1...
The USD tends to appreciate strongly when risk aversion is high or when the US economy is outperforming. Neither condition is currently in place. China’s growth concerns have temporarily receded and commodity prices are rallying...
EUR/USD: Bearish: To take partial profit at 1.1145. While the break below 1.1230 bodes well for our bearish EUR view, the downward momentum is not as impulsive as we would like and this coupled with the strong support at 1.1145 suggests that EUR may struggle to move below this level...
Chart:http://bi0l.blogspot.com/2016/04/brent-weekly-forecast-2016-04-week4.html Estimated levels of the week: Support (S1-w / S2 / S3 = 41,76 / 40,48 / 38,41), resistance (R1-w / R2 / R3 = 45,90 / 47,18 / 49,25). Key support levels (1st from 42.45 to 44.58 in the week, 2nd from 41.59 to 43.22...
FxWirePro: BTC/USD Trades Well Above $450, Good to Buy at Dips Major resistance -$465 BTC/USD breaks major resistance $465 and jumped till $470 yesterday. It is currently trading around $458...
AUD/USD Wobbles Near 0.7700 The Aussie dollar is trading almost unchanged vs. its American peer on Monday, with AUD/USD currently in a narrow range around the 0.7700 handle. AUD/USD attention to CPI The Aussie dollar is coming down from last week’s cycle highs near 0...
EUR/USD Offered Near Hourly 50-SMA, Back to 1.1250 The bulls appear to face exhaustion over the last hour, stalling the rebound in EUR/USD near hourly 50-SMA at 1.1270, despite negative European equities and oil prices. EUR/USD ignores weaker Ifo Currently, EUR/USD trades 0.25% higher at 1...
EUR/GBP Remains Exposed to Further Downside – Commerzbank The perspective for European cross remains tilted to the downside, according to Senior Technical Analyst at Commerzbank Axel Rudolph. Key Quotes “Last week EUR/GBP slipped below the February high at...
GBP/USD Still Focused on 1.4455/60 – UOB The research team at UOB Group said GBP/USD needs to close above 1.4455/60 in order to allow for further gains. Key Quotes “The undertone for GBP is clearly positive but as mentioned in recent updates, only a daily closing above 1...
