GBP/USD Regains Poise After Horrible US Data A sharper-than-expected contraction in the US industrial production is boding well for GBP/USD, which is back above hourly 200-MA level of 1.4162 following the data release. Supported by 38.2% Fibo The pair slumped to near 1.4154 (38.2% of 1.4669-1...
BTC/USD Breaks Major Resistance $428, Targets $448/$465 Major Resistance - $428 BTC/USD has broken major resistance $428 and jumped till $428.53 at the time of writing. It is currently trading around $428.53. Minor trend is bullish as long as support $415 (55 day 4H EMA) holds...
USD/JPY: Wave Analysis and Forecast for 15.04 – 22.04 USD/JPY: The pair is undergoing correction. A chance of decline remains. Estimated pivot point is at the level of 110.72. Our opinion: Sell the pair from correction below the level of 110.72 with the targets of 106.60 – 106.00...
USD/CHF: Wave Analysis and Forecast for 15.04 – 22.04 USD/CHF: The pair is likely to grow within correction. Estimated pivot point is at the level of 0.9489. Our opinion: Buy the pair from correction above the level of 0.9489 with the target of 0.99 – 1.00...
AUD: Aussie Summer is Over, Back to Work – Westpac Sean Callow, Research Analyst at Westpac, notes that the AUD has found some good news as the NAB Australian business survey produced an improvement in both confidence and in trading conditions in March...
GBP/USD: Wave Analysis and Forecast for 15.04 – 22.04 GBP/USD: Downtrend continues. Estimated pivot point is at the level of 1.4352. Our opinion: Sell the pair from correction below the level of 1.4352 with the target of 1.36 – 1.34...
EUR/USD: Wave Analysis and Forecast for 15.04 – 22.04 EUR/USD: The pair is undergoing correction. Uptrend continues. Estimated pivot point is at the level of 1.1140. Our opinion: Buy the pair above the level of 1.1140 with the target of 1.16 – 1.1750...
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EuroStoxx50: ECB Meeting Devoted to Monetary Policy It seems that anticipation of the outcome of the meeting of Big 20, which started today and will continue at the weekend, affects not only the currency market buy a stock market as well...
Brent: In Anticipation of the Meeting in Doha In anticipation of the outcome of the meeting of the leading oil producing countries in Doha this weekend, volatility in the oil market has been high in the last two days. The price of crude oil Brent is in the narrow range of 43.80 USD per barrel...
USD/CAD Nears 1.29 as Oil Drops Offered tone around CAD gathered pace, pushing USD/CAD near 1.29 handle as oil prices dropped on caution ahead of producer’s meeting to be held over the weekend. Output freeze unlikely to help CAD...
EUR/USD Firmer, 1.13 on Sight? The common currency is now picking up pace vs. the greenback, lifting EUR/USD to print daily highs near 1.1290...
NZD/USD Further Gains Seen Above 0.6965/70 – UOB According to analysts at UOB Group, the Kiwi dollar could extend he upside after a surpass of the 0.6965/70 band. Key Quotes “As highlighted yesterday, only a clear move above the 0.6965/70 resistance would indicate the start of a bullish phase”...
The USD has made a tentative recovery against the EUR and JPY this week, supported by US front-end yields and firmer oil prices. We see scope for the USD to extend its gains against the EUR in the near term...
An order to sale #EURUSD is still relevant, despite the fact that the bears appear to have some difficulties. However, we should not worry about it and make decisions only in accordance with the #BillWilliams system. Find out more by checking out the Source Link...
We are holding a long position in #USDJPY. Quotes have crossed the red Alligator's line, but we should not use this signal for #profit fixing yet. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Last week, COSMOS4U Ad MACD Indicator, triggered successful buy-sell-buy signals for GBPUSD currency pair 1st buy @ 1.40661: http://www.cosmos4u.com/index.php/forex/gbpusd/gbpusd-buy-signal-08-apr-2016-04-00-am-utc-from-cosmos4u-customized-macd-indicator-timeframe-h1 2nd sell @ 1...
EUR/USD: Bearish: Downside potential likely limited to 1.1145. We turned bearish EUR yesterday and there is no change to the view. While we expect EUR to head lower from here, the downside potential appears to be limited to 1.1145. Resistance is at 1.1350 but only a move above 1...
USD/JPY has broken below 110, and our technical analysts believe a test of 106 could be in the cards in the near term. It is certainly too early to return to selling the JPY, and it is even more doubtful that a weakening of the currency would be led by BoJ action...