USD/CHF Breaks Short-Term Range and Falls Toward 0.9620 USD/CHF started the week moving within the range of the previous days, between 0.9650 and 0.9680. Initially, it rose to test the upper limit but then, a decline of the US dollar across the board pushed the pair to the downside...
USD/JPY: The Yen has Grown Due to the Collapse in the Meeting in Doha During today’s Asian session the Yen has traded upward against the other currencies due to the negative result of the meeting in Doha...
EUR/GBP: Important Support in the 0.7925 - 0.7880 Region - Lloyds Analysts from Lloyds Bank, a break below 0.7925 - 0.7880 would support further EUR underperformance. Key Quotes: “The cross has pulled back and is holding important support in the 0.7925-0.7880 region...
EUR/USD Attempting Gains Above 1.13, Eyes Fed Speak EUR keeps its bid tone intact in the US session, with the EUR/USD pair now looking to extend gains above 1.13 handle ahead of speeches from Fed’s Dudley and Rosengren. Supported by 1.1274 The spot found bids around 1...
The UK’s EU referendum campaign meanwhile is now in full flow. Bloomberg’s latest poll tracker puts the ‘remain’ camp at 40%, with the ‘Leave’ camp at 39% and 21% undecided. So, still far too close to call...
GBP/JPY Rises 300 Pips from Daily Lows The pound experienced a significant rebound versus the Japanese yen, rising 300 pips from daily lows. GBP/JPY bottomed during the Asian session at 152.47, the lowest level in a week but then turned to the upside...
Long AUD Exposure has Increased Substantially - BNPP James Hellawell, Research Analyst at BNP Paribas, lists down their FX Positioning Analysis till 18th April 2016. Key Quotes • “Long AUD exposure has increased substantially. Combined with the USD, AUDUSD net positioning is at a multi-year high...
Dear Friends, We have 5 high impact news release schedule in this week (April – 18 to 22, 2016) which may tradable. Time mentioned New York Time. Wednesday, April 20, 2016...
FxWirePro: USD/CAD Stronger After Crude Oil Prices Falls, Outlook Remains Bullish USD/CAD opened with gap in today’s Asian session and jumped towards higher levels after major oil exporters failed to agree on an output freeze, sending oil prices lower once again...
Brent: Oil Price has Reached the Level of 42.00 Since the opening of European session the price of oil is undergoing correction, rising up to the level of 42.00 USD per barrel. However, the rise above the level of 42...
Analytical Review of the Currency Pair AUD/USD Technical data of the currency pair: Previous closing: 0.7725; Daily range: 0.7631-0.7676; Opening: 0.7658...
GBP/USD Rebound from Hourly 200-MA Cable is looming to extend gains above 1.42 levels after having rebounded from the hourly 200-MA level located at 1.4166 levels. Trades above hourly 100-MA The recovery from hourly 200-MA level also saw the pair move above hourly 100-MA level of 1...
USD/CAD Bearish Near-Term – Scotiabank Eric Theoret, FX Strategist at Scotiabank, has reiterated the bearish stance on the pair in the short-term...
EUR/JPY Rises Above 123.00 EUR/JPY extended gains in the US session to trade above 123.000 levels as Yen continues to get offered against the greenback. Trades above 100-MA Cross currently trades just above hourly 100-MA located at 123.08 levels...
EUR/USD Bull Run Could Extend Above 1.1350/80 – BBH According to analysts at BBH, the pair needs to clear 1.1350/80 in order to extend the bull run. Key Quotes “The euro fell to $1.1235 last week, its lowest level since Yellen spoke at the NY Economic Club at the end of March”...
Early losses for GBP as European desks sink a few coffees On-going Brexit concerns/hype/blather not helping investors or traders to have any faith right now. Expect more of the same but we're still range-trading for the moment. Sell high, buy low. GBPUSD 1.4140 as EURGBP heads up to 0...
USDJPY jumps to 108.60. Mind the gap! Looks to be more yen based than USD based actually. YEn crosses are breaking the days highs. USDJPY to just under Friday's close at 108.60. GBPJPY and EURJPY both breaking Friday's closing levels...
The Doha round of negotiations to freeze oil production has ended in failure due to KSA's insistence on Iran's full participation in any production freeze...
ONLY EUR/JPY TRADING CALLSSell Entry Time April 18, 2016 15:01 GMT+2 Entry- 122.830 Target- 122.572 Stoploss- 123.325...
