AUD/JPY Firmer, Pierces Through 82.50 Resistance The AUD/JPY cross remains strongly bid in the Asian trades, mainly driven by renewed strength in the AUD/USD pair after OZ business conditions hit 2008 highs last month. AUD/JPY at four-day high The AUD/JPY pair now jumps +0.70% to 82...
EUR/USD Better Bid Above 1.1400, Awaits Fresh Impetus The EUR/USD pair extends its overnight consolidative phase into mid-Asia, after having failed near 2016 highs in the last NY session, as bulls await fresh incentives in the day ahead for further upside...
AUD/USD Testing Monday’s High on Aus Data, Above 0.7600 AUD/USD extends gains beyond 0.76 handle post-China open, with the upbeat Australian confidence gauge adding to the favourable market sentiment in Asia. AUD/USD rises for 3rd straight session Currently, the AUD/USD pair rises 0...
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The yen's surge may be easing. It made a new marginal high in Asia, but has not been able to sustain it Technically, a hammer candlestick pattern may be traced out by the greenback's recovery today. Supporting the greenback is the movement in interest rate differentials...
Many analysts had anticipated that a dramatic drop in oil prices such as we’ve seen since the summer of 2014 could provide a big stimulus to the economy of a net oil importer like the United States. That doesn’t seem to be what we’ve observed in the data...
SPX500: Bull Flag Ahead of US Earnings Kick-Off Talking Points: S&P 500 Technical Strategy: Flat. Conditional long + short setups identified. US stock prices remain well-supported while European and Japanese equities are putting in more divergent reads...
The Canadian dollar held a firm tone versus the greenback Monday, ahead of this week's Bank of Canada meeting, where policy is expected to remain unchanged, but growth projections may be revised higher...
S&P 500: tactical rally from February at risk: We highlighted 2044-2022 as key nearby S&P 500 support for April...
Currency investors should consider selling NZD/CAD this week, advises CitiFX in its weekly FX pick to clients. "Short NZDCAD represent expectations on oil, a more optimistic BOC, and our greater caution on the valuation of NZD currently...
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Our decision to turn bearish is being frustrated by the lack of downside follow through...
Gold Reaches 3-Week High Spot gold surged to a fresh 3-week high of $1,258.66 an ounce on Monday, fueled by a weaker dollar and decreasing expectations of a US rate hike as the Fed remains dovish. Gold for June delivery settled roughly 1.0% higher and trades around 1,256...
Analytical Review of the Stocks of Johnson & Johnson Johnson & Johnson, #JNJ [NYSE] Healthcare, production of drugs, USA Financial performance of the company: Index – DJIA, S&P 500; Beta – 0.63...
XAG/USD: Will the Rise Continue? Last week, the price of silver in the pair XAG/USD exceeded resistance level of 15.15 (ЕМА200 and ЕМА50 on the daily chart). Today, the price has consolidated above resistance level of 15.35 (ЕМА50 на недельном графике...
Analytical Review of the Currency Pair USD/CAD Technical data of the currency pair: Previous closing: 1.2979; Daily range: 1.2971-1.3014; Opening: 1.2986; 52- week range: 1.1916-1.4692; Annual revenue: +3.49%; Change in % for the previous day: -1.26...
USD/CAD to End 2016 at 1.30 - Lloyds Analysts from Lloyds Bank, expect the USD/CAD to rise toward 1.35, but then as crude oil recovers is forecast to end the year at 1.30. Key Quotes: “Similar to other commodity currencies, USD/CAD has been rangebound recently – trading between 1.28 and 1.33...
It has been estimated that 90% of aspiring traders sends in smoke their money within the first year of operation. The question that arises is: why this happens? trading is so difficult that only a select few can be successful? The answer is NO...
The AUD may be vulnerable this, with the employment report a potential catalyst for an increase in pricing for renewed RBA rate cuts, notes BNP Paribas...
