Technical Analysis of Gold for March 29, 2016 Technical outlook and chart setups: Gold is seen to be trading at $1,218.00 levels for now, looking to continue dropping lower towards $1,190.00 levels at least. It is still possible that the metal hits $1,227.00/28...
Technical Analysis of GBP/CHF for March 29, 2016 Technical outlook and chart setups: The GBP/CHF pair inched higher, printing highs at 1.3900/10 levels yesterday. The pair has dropped since then and is trading at 1.3860 levels for now, drifting sideways...
Elliott Wave Analysis of EUR/NZD for March 29 - 2016 Wave summary: We are getting nowhere. It looks like more sideways trading in the 1.6346 - 1.6730 range is needed before renewed upside pressure can be expected for a break above minor resistance at 1...
Elliott Wave Analysis of EUR/JPY for March 29 - 2016 Wave summary: Resistance at 127.27 must protect the upside, otherwise more upside pressure towards 128.90 will be expected in a more complex double zig-zag correction from the 122.06 low. If resistance at 127...
Technical Analysis of EUR/USD for March 29, 2016 When the European market opens, some economic news will be released such as Private Loans y/y and M3 Money Supply y/y. The US will release economic data too such as CB Consumer Confidence and the S&P/CS Composite-20 HPI y/y...
Technical Analysis of USD/JPY for March 29, 2016 In Asia, Japan will release Retail Sales y/y, the Unemployment Rate, Household Spending y/y and the US will release some economic data such as CB Consumer Confidence and the S&P/CS Composite-20 HPI y/y...
Daily Analysis of USDX for March 29, 2016 USDX is currently doing a pullback from yesterday's highs, as the Index is still doing some corrective moves in favor of the overall bearish bias. The next target is located around the 95...
Daily Analysis of GBP/USD for March 29, 2016 The pair is forming a higher high pattern below the resistance level of 1.4267 after the Cable had a strong bullish momentum during yesterday's session and was also one of the best performers during the holiday...
Analytical Review of the Stocks of Alphabet Inc. Alphabet Inc., #GOOG [NASD] Technologies, Internet information providers, USA Financial performance of the company: Index – S&P 500...
This week is very important for #USD, firstly, because of a speech of #JanetYellen, secondly, due to the publication of #NonfarmPayrolls on Friday. Both events can affect expectations regarding the #Fed rate hike. Find out more by checking out the Source Link...
Fed Chair Janet Yellen has some explaining to do. Yellen speaks Tuesday in a much anticipated midday appearance before the Economic Club of New York — just days after several Fed officials surprised markets by saying a rate hike could be coming soon. The problem is that the U.S...
EURGBP has gained nearly 1,000 pips since November of last year, the longest sustained rally since the 2012 low. It hasn’t been pretty at times, and just when the pair seemed ready to give in, it somehow managed to churn higher...
AUD/USD Takes-Out Monday’s High, What Next? The ongoing bullish momentum in the Australian dollar found fresh legs in the mid-Asian trades, driving AUD/USD well beyond the mid-point of 0.75 handle. AUD/USD trades above all major DMAs Currently, the AUD/USD pair trades 0...
The yen nursed broad losses early on Tuesday and even underperformed a defensive greenback, which sagged on the back of disappointing U.S. economic data...
Gold Slips in Asia, Bears Back in Control? Gold prices failed to sustain the overnight recovery from one-month lows and slipped back into the red zone in the Asian session this Tuesday. Gold drops below $ 1220 mark Currently, gold drops -0.28% to 1219...
Q1 GDP US Tracking Update - Nomura Analysts at Nomura offered a Q1 GDP tracking update for the US economy. Key Quotes: "The advance goods trade report for February showed that imports and exports both increased in February...
EUR/USD: Technically Bllish Through 1.1245 - FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the EUR/USD pair reached a daily high of 1.1219 before retracing towards the 1.1200 level, easing as Wall Street trimmed most of its early losses ahead of the close...
AUD/USD: Bulls Hoping for a Dovish Yellen AUD/USD is making fresh lows after the PBOC set USD/CNY's central rate at 6.5060 vs Monday's fix at 6.5232, following a slide in the greenback in overnight trade...
USD/JPY Explodes Higher, Testing 113.65/70 Offers USD/JPY has seen an explosion to the upside, taking the exchange rate from a low of 113.24 all the way up to 113.64, with the pair heading for an 8th straight day of gains...
