Can US Jobs Growth Stay Strong? - ANZ Analysts at ANZ offered the detail of the overnight US ADP report for March. Key Quotes: "Showed jobs rose 200k - a touch higher than expectations (195k) and confirming that the labour market remains robust...
FXWIREPRO: USD/SGD Finds Support Above 1.3500, Good to Buy on Dips USD/SGD is currently trading around 1.3513 marks. It made intraday high at 1.3524 and low at 1.3487 levels. Intraday bias remains bullish till the time pair holds key support at 1.3487 levels. A daily close below 1...
FXWIREPRO: Nikkei225 Struggles to Close Above 17000, Good to Buy at Dips Major resistance - 17300 The index has retreated after making a high of 17090.It is currently trading around 16874.Short term trend is bullish as long as support 16500 holds...
FXWIREPRO: USD/JPY Remains Supported Above 112.00, Japan's Housing Data in Focus USD/JPY is currently trading around 112.37 marks. It made intraday high at 112.65 and low at 112.24 levels. Pair breaks key support level at 112.60 and confirms bearish trend for the moment...
FXWIREPRO: AUD/NZD Refrains to Fall Below Key Support at 1.1062, Intraday Bias Remains Neutral AUD/NZD is trading around 1.1093 marks. Pair made intraday high at 1.1107 and low at 1.1069 marks. Today New Zealand’s ANZ Business confidence survey showed that a net 3...
EURUSD Daily Forecast: March 31 2016 EURUSD Forecast The EURUSD continued its bullish momentum yesterday topped at 1.1365. The bias remains bullish in nearest term especially if price able to make a clear break above 1.1375 testing 1.1450 – 1.1500 region which is a good place to sell...
GBPUSD Daily Forecast: March 31 2016 GBPUSD Forecast The GBPUSD attempted to push higher yesterday topped at 1.4459 but whipsawed to the downside and hit 1.4347 earlier today. As you can see on my H1 chart below, this fact could produce another false breakout (above 1.4400) bearish scenario...
USDJPY Daily Forecast: March 31 2016 USDJPY Forecast The USDJPY was indecisive yesterday. The bias remains bearish in nearest term testing 111.50 region. Immediate resistance is seen around 112.80. A clear break above that area could lead price to neutral zone in nearest term testing 113...
USDCHF Daily Forecast: March 31 2016 USDCHF Forecast The USDCHF was indecisive yesterday formed a Doji/pin bar formation as you can see on my daily chart below...
Calculated level for today: Support (S1 / S2 / S3 = 39,83 / 39,48 / 38,93), resistance (R1 / R2 / R3 = 40,94 / 41,29 / 41,85). Key resistance levels (1st from 40.13 to 40.48 at the end of the day, the 2nd of 40.48 to 41.51...
Calculated data levels: Support (S1 / S2 / S3 = 112,11 / 111,92 / 111,62), resistance (R1 / R2 / R3 = 112,71 / 90 / 113.20). Key resistance levels (1st from 113.17 to 112.45 at the end of the day, the 2nd of 113.19 to 112.90...
Calculated level for today: Support (S1 / S2 / S3 = 1,4360 / 37 / 1.4299) and resistance (R1 / R2 / R3 = 1,4436 / 59/97). Key support levels (1st from 1.4315 to 1.4209 late in the day, the 2nd of 1.4261 to 1.4195...
Estimated level: Support (S1 / S2 / S3 = 0,9606 / 0x9588 / 0,9558), resistance (R1 / R2 / R3 = 0,9667 / 85 / .9716). Key resistance levels (1st from 0.9708 to 0.9629 late in the day, the 2nd of 0.9721 to 0.9676...
Calculated levels today: Support (S1 / S2 / S3 = 1,1297 / 78/46), resistance (R1 / R2 / R3 = 1.1360 / 1,1379 / 1,1410). Key support levels (1st from 1.1238 to 1.1326 late in the day, the 2nd of 1.1227 to 1.1267...
Calculated level for today: Support (S1 / S2 / S3 = 1222,61 / 1217,66 / 1209,64), resistance (R1 / R2 / R3 = 1238,66 / 1243,61 / 1251,64). Key level (1st from 1225.35 to 1229.63 at the end of the day, the 2nd of 1229.41 to 1232.10...
I wrote a piece on Monday regarding NZDUSD where I asked the question, can short-term gains buck big-picture trends? In other words, can the recent bullish momentum overcome the bearish overtone of the weekly and monthly charts? So far, the bulls are doing their part...
The US Bureau of Labour Statistics’s Non-Farm Payroll release measures the number of new jobs added to the economy in the preceding month. March data is scheduled for release this Friday, April 1, when it is expected to show a rise of 205k jobs...
The pound to rand exchange rate has fallen to its 200-day moving average at 21.42 where it could pause ahead of further declines. The South African Rand is moving towards the bottom of its 5-week range against the pound; if it breaks clearly below the range lows and 21...
USD/CAD has started falling again after a brief respite. The USD/CAD pair has resumed its short-term down-trend by falling below the 1.2922 lows of March 18...
