AUD/USD Could Still Test 0.7200 – UOB The Aussie dollar remains poised for a test of the key support at 0.7200, suggested the research team at UOB Group. Key Quotes “We pointed out yesterday that AUD is trying to form a short term base for a recovery...
The situation in #GPBUSD has changed dramatically, which resulted in the closure of the short position at 1.4443. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Our order to buy #USDJPY has activated due to a breakthrough of the fractal upwards. During the U.S. trading session trading activity may increase. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
GOLD: Having lost its upside momentum to close on a rejection candle on Monday, further weakness is envisaged. On the downside, support comes in at the 1,265.00 level where a break will turn attention to the 1,260.00 level...
GBP/USD Bearish Below 1.4300 – UOB The research team at UOB Group sees GBP/USD's outlook turning to bearish on a close below the 1.4300 handle. Key Quotes “As mentioned yesterday, momentum indicators are not strong and we prefer to wait for a daily closing below 1.4300 before turning bearish”...
EUR/GBP Could Drop to 0.7740/0.7654 – Commerzbank In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the cross could be headed towards the 0.7740/0.7654 area. Key Quotes “EUR/GBP after sitting all week just below the...
GBP/USD: Recovers to 1.4500 ahead of US CPI Following the release of the UK inflation report, the GBP/USD pair tried a couple of attempts to regain 1.45 handle, but in vain, as disappointing CPI data continue to cap the upside. GBP/USD hovers below 20-DMA at 1.4493 Currently, GBP/USD trades +0...
NZD/USD Turns Back to 0.6800 Handle, US CPI Eyed for Further Direction A fresh bout of selling pressure extended the NZD/USD pair's reversal from early morning highs of 0.6841, which was driven by a slightly better RBNZ's Q2 2-year inflation expectations...
Chart:https://bi0l.blogspot.com/2016/05/brent-intraday-forecast-technical-side_17.html Calculated level for today: Support (S1 / S2 / S3 = 48,31 / 47,92 / 47,28), resistance (R1 / R2 / R3 = 49,59 / 49,98 / 50,62). Key support levels (1st from 47.69 to 48.85 at the end of the day, the 2nd of 46...
Dear Traders, Sterling traders had to bite the bullet and watch the cable's profitable upward swing without being invested in the pound after our second buy attempt failed to provide any profits...
AUD/JPY Meets Fresh Supply Near 80.50 The bulls face exhaustion post-European open, sending AUD/JPY lower towards 80 handle, as a pause in the oil-price rally weighs down on the investors’ sentiment. AUD/JPY testing support near 80.20 The AUD/JPY pair now advances 0.94% to 80...
AUD/USD Deflates from Highs, Near 0.7320 After climbing as high as 0.7360 in early trade, AUD/USD has now slipped back to the 0.7320 area...
USD/CHF Turns Positive Just Below 0.9800 It seems the greenback has recovered the smile during the European morning, now lifting USD/CHF to the vicinity of 0.9790. USD/CHF focus on US CPI The pair is trading in fresh multi-week tops near the 0...
USD/JPY: Bulls on a Roll, Regains 109.50 and Beyond The bid tone around the USD/JPY pair keeps growing bigger, driving the rate to the highest levels since April-end above 109.50 levels. USD/JPY: 50-DMA at 109...
EUR/USD Fails Near Monday’s High, Recedes to 1.1320 The EUR/USD pair is seen paring gains and now slips back below 5-DMA, as the demand for the US currency is slowly picking-up pace heading into the US CPI report...
FxWirePro: GBP/USD Trades Weak on Softer CPI, Good to Sell on Rallies Major Resistance – 1.4550 Major support- 1.4445 (55 day 4H EMA) Cable has retreated from high of 1.45239 after softer CPI data. It is currently trading around 1.4470 level. UK CPI came at 0.3% y/y compared to forecast of 0...
GOLD, Weekly Forecast, May 16 - 20: Break Down of 1269 will Open Target on 1240 Main scenario: The pair is trading along an sideways trend between support 1269 and resistance 1294...
Forex Technical Analysis: EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/RUB, XAU/USD Analysis for May 17th, 2016 EUR USD, “Euro vs US Dollar” Eurodollar has broken the channel of the third descending structure and right now is consolidating. We think, today the price may fall towards 1.1300...
GBP/USD, Weekly Forecast, May 16 - 20: Rebounding from Resistance 1.4525 to Support 1.4345 Main scenario: Market is rebounding from the resistance 1.4525 with target on support level 1.4345. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1...
