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EUR USD, “Euro vs US Dollar” More detailed structure is shown on the H1 chart. After finishing the diagonal triangle in the wave [v], the pair has rebounded from its lower border and started the correction. On Tuesday, the market may continue forming the descending wave [b]...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 05:00
EUR USD, “Euro vs US Dollar” Probably, last week Eurodollar completed the descending impulse in the wave 3 or C. In the nearest future, the pair may continue forming the correctional wave [b], which may be followed by another bullish impulse in the wave [c] of 4...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:56
NZD/USD extends its bearish momentum into a third-day today, with the renewed bout of selling interest triggered by negative sentiment on the Asian markets and China slowdown worries. NZD/USD heavy, heading towards Tuesday’s low Currently, the NZD/USD pair trades -0...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:41 #nzdusd
The bid tone around the EUR keeps growing bigger heading into mid-Asian trades, with EUR/USD storming through 1.09 barrier and printing fresh three-day highs. EUR/USD on its way to daily R1 at 1.0921 Currently, the EUR/USD pair rises 0.20% to fresh three-day highs of 1...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:34
USD/JPY met fresh supply just ahead of hourly 200-SMA at 123.02 and dropped sharply to fresh session lows near 122.80 region as risk-off moods persist, despite better than expected Chinese CPI data. USD/JPY eyes Tuesday’s low Currently, the USD/JPY pair trades -0...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 04:29 #Nikkei, usd/jpy
EURUSD: Having taken back its Monday losses to close higher on Tuesday, EURUSD looks to resume short term uptrend triggered from the 1.0521 level. While the 1.0829/1.0796 zone continues to hold as support, the pair should build up on the mentioned short term uptrend...
Analytics & Forecasts
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FXTechstrategy Team, 9 December 2015, 03:30
EUR GBP, “Euro vs Great Britain Pound” we can see at the H1 chart, the current correction towards the retracement of 50% may yet continue. It’s highly likely that on Tuesday the pair may reach a new local low. Later, the market may continue its ascending movement to reach upside targets...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 03:26
EUR GBP, “Euro vs Great Britain Pound” Europound is also being corrected. The closest target is the group of fibo-levels at 0.7295. Possibly, the market may resume moving towards its upside targets very soon...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 03:25
we can see at the H1 chart, the current correction may continue towards the retracement of 50%. However, if the price rebounds from this retracement upwards, it may resume its ascending movement towards upside targets...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 03:21
EUR USD, “Euro vs US Dollar” In case of Eurodollar, the local correction continues. Later, the pair may resume growing with the closest target at the group of fibo-levels near the retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 03:19
The Australian dollar reversed a part of previous losses and edged higher against its Japanese counterpart this session, driving AUD/JPY to fresh session highs just a hair-line short of 89 handle. AUD/JPY rises from 88.50 levels Currently, the AUD/JPY pair rises 0.21% to 88...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 03:11
USD JPY, “US Dollar vs. Japanese Yen” At the H4 chart of USD JPY, Evening Star pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 03:09
The H1 chart of EUR USD shows a sideways correction. The downside Window provides support. Three Line Break chart indicates a bullish direction; Doji pattern and Heiken Ashi candlesticks confirm that the descending correction continues...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 03:00
EUR USD, “Euro vs. US Dollar” At the H4 chart of EUR USD, bearish Three Methods pattern indicates a descending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:56
Analysts at Rabobank offered the key events taking place ahead...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:51
- China's trade data in CPI and PPI was expected with the former edging up to 1.4% y/y while the latter was expected to see deflation deepen further to -6.0% y/y. The data arrived 0.1% higher for CPI and 0.1% lower for PPI. Analysts at Rabobank explained the spread is enormously problematic...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:48
The consumer prices in the world’s second largest economy, China, ticked higher in Nov, coming in at 1.5% y/y against 1.3% booked in Oct. Markets had predicted an increase of 1.4% for Nov...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:45
USD/JPY is currently trading at 122.93 with a high of 122.96 and a low of 122.83. There was a little weakness in the Nikkei on the Tokyo open with a little bid USD/JPY towards the 123 handle and strong resistance there. The major pair was toying with the upside into the 122...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:26
NZD/USD has been turned back on the recent bid in early Asia and is contained within a narrow range 20 pips and resisted at the 50 SMA on the 1hr chart. The theme that is gripping the markets is the commodity sector and downturn, and catalysts explained here by analysts at ANZ...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:23
The GBP/USD pair edged lower for a third day in-a-row, having fell down to 1.4955 before recovering the 1.5500 level before the US close. Key Quotes: "The British Pound was weighed by falling oil prices, and worse-than-expected UK factory output, down in October by 0.1...
Analytics & Forecasts
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sathish kumar, 9 December 2015, 02:21