AUD/USD: A Meeting of RBA will be Held Tomorrow Tomorrow at 06:30 (GMT+2) a meeting of the RBA will be held. Since the beginning of the year the pair AUD/USD has grown by 12%, reaching the new high at the level of 0.7720 at the end of March...
EUR/USD regained the 1.14 handle on Monday following a poor release from US Factory Orders. EUR/USD challenges highs above 1.14 Spot kept the buoyant tone after US Factory Orders have contracted 1.7% MoM in February, matching estimates albeit reverting January’s 1...
A contraction in the US factory orders is not helping GBP/USD, which appears to have run out of steam after having clocked a daily high of 1.4320 levels. Trades around 1.4280 The spot is slowly trimming gains, now trading around 1.4280 levels even though the US factory orders fell 1...
Analytical Review of the Currency Pair EUR/USD Technical data of the currency pair: Previous closing: 1.1389; Daily range: 1.1371-1.1412; Opening: 1.1400...
The EUR is now starting to outperform again, with the support in EUR/GBP coming in a little earlier than we anticipated. Losses bottomed out around .7955, some 25-30 ticks off the support levels we mentioned earlier, and this has helped generate a spot EUR move back through 1...
EUR USD, “Euro vs US Dollar” The local ascending tendency continues. Despite the market is still moving above the H4 Super Trend, Eurodollar may try to break it. If later the pair recovers and starts moving above the H4 Super Trend, the price will continue growing towards the 6/8 level...
What Drives AUD/USD's Prospects in Long Term (in H2'2016) and OTC Positions? The rally extended last week as the AUD continued to push to fresh 2016 highs...
FXWIREPRO: Hedge AUD/USD's Exporter Fx Risks on Long Term Forecasts and Events Via 2:1 Backspreads Over the longer-term, we expect AU growth to remain subpar and AUD to drift lower. But, there have been a few key things to watch out in H2 of 2016...
Gold flirted with 50-DMA at $1215 levels throughout European session, before recovering losses on the back of a dip in treasury yields. Gold down 0...
USD/JPY fell to retest daily lows as the greenback came under pressure at the beginning of the American session while stocks started lower in Wall Street. USD/JPY turned lower as the dollar reversed its early gains and pulled back from the 111.70 area, with the pair returning to the 111.30 zone...
In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s remains bid above 0.7416. “AUD/USD as we highlighted last week, the recent high of .7722 had been accompanied by a divergence of the daily RSI and we had not seen a close above the...
In today's technical update, we look at GBP/USD, NZD/USD, WTI Oil and Gold prices, with Richard Perry, Market Analyst for Hantec Markets, also joined by Zak Mir, Technical Analyst for Zak's Traders Café, and Bill Hubard, Market Analyst for Opteck.com, on the Tip TV Finance Show...
The research team at UOB Group believes the Kiwi dollar could make an attempt to clinch 0.7000. “The week that passed saw NZD/USD touching ten-month high of 0.6966 before easing off to levels around the 0.69-figure. This week, New Zealand’s economic docket is relatively light...
Gold Intraday Analysis for April 04 , 2016 I found strong signs of strength in the background and a potential professional accumulation phase...
Technical Analysis of NZD/CAD for April 04, 2016 NZD/CAD was moving within the descending channel up until the 28th of February when price broke below the channel. Fibonacci applied to the channel breakout point shows support and resistance levels and price action around them. Clearly the 38...
EUR/NZD Analysis for April 04, 2016 Recently, EUR/NZD has been moving upwards. The price tested the level of 1.6645 in a high volume. EUR/NZD is trading in a defined upward trend channel. Watch for buying opportunities on dips inside the channel...
Equity markets in Europe are rallying while US futures are pointing higher. Meanwhile, the US Dollar is clawing back some of last week's losses. Which way is risk heading? The truth is, equity markets around the globe are offering different perspectives, depending upon where you look...
Treasury prices in the US advanced, pushing the yields lower on account of wobbly oil prices and caution ahead of the Fed minutes release. At the time of writing, the 10-yr yield was down almost two basis points at 1.77...
When it comes to the EUR, more patience may be needed. With ECB Governing council member Makuch a majority of central bank members now more or less confirmed that cutting the deposit rate as a tool to stimulate the economy is largely exhausted...
