Content courtesy of Tallinex Limited (https://www.tallinex.com) GOLD (XAUUSD) Dominant bias: Bullish Gold has been moving upwards since the beginning of this year - the first 7 trading days of February being especially significant. Price topped at 1263...
Gold Falls Back to Monthly 100-MA Ahead of Non-Farm Payrolls Report Investors are scaling back their positions in Gold ahead of the US non-farm payrolls release, pushing the metal back to around monthly 100-MA at $1263 levels...
United States Nonfarm Payrolls came in at 242K, above expectations (190K) in February United States Average Hourly Earnings (MoM) registered at -0.1%, below expectations (0.2%) in February United States Unemployment Rate in line with forecasts (4.9%) in February (Market News Provided by FXstreet...
Investors are focusing their attention on February’s US jobs report which will be released at 13:30 GMT. We are expecting the Nonfarm payrolls which is expected to rise from January’s disappointing 151 to 190, the unemployment rate and inflation of wages is expected to remain unchanged at 4...
Talking Points: February’s US employment report in the spotlight across financial markets Data’s non-impact on March rate hike bets may restrict trend development Upside surprise may translate into US Dollar strength in the weeks ahead All eyes are on February’s US Employment report in the final...
Pivot Points_Daily Last Updated: Mar 4, 11:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.06875 1.08068 1.08806 1.09261 1.09999 1.10454 1.11647 USD/JPY 111.794 112.765 113.213 113.736 114.184 114.707 115.678 GBP/USD 1.38081 1.397 1.40706 1.41319 1.42325 1.42938 1.44557 USD/CHF 0.97492 0...
USD/CAD Consolidates in the Low-1.3400s, Payrolls eyed The Canadian dollar is giving away some of its recent gains vs. the greenback, with USD/CAD now meandering a narrow range in the 1.3415/10 region...
USD/JPY: Recovery Picks-up Pace, Nears 114 The USD/JPY pair found good support near 113.25 region and swung back higher, in response to the renewed rally seen in the Chinese equities. USD/JPY takes-out support-turned resistance 20-DMA at 113...
I know a few "veteran" traders who have been trading for more than 5 years but never made a single cent in Forex... Weird? ... Yes, but true.. Perhaps it was the lack of understanding on how the market works.. Perhaps it was because of the tendency to drift from one system to another... Perhaps...
NZD/USD: After Range Bound Trading, Eventual Break Will Be Downwards - Westpac Imre Speizer, Research Analyst at Westpac, notes that the NZD/USD remains stuck in a month-old range of 0.6550-0.6750, but we expect the eventual break will be downwards...
US Nonfarm Payrolls Expected to Surge by 195K Today - Rabobank Michael Every, Head of Financial Markets at Rabobank, suggests that today is primarily about US payrolls...
AUD/USD Tests 3-Month Highs, Then Retreats The AUD bulls fought back control in the mid-Asian trades, pushing AUD/USD back on the bids and tested multi-month highs near 0.7380 region. AUD/USD rises from 0.7340 lows Currently, the AUD/USD pair gains 0.15% to trade at 0...
USD/JPY to be Supported by the Higher US Yields - MUFG Research Team at MUFG, expects the USD/JPY to trade with neutral bias within the range of 112.50-115.50 in the coming week. Key Quotes “USD/JPY is higher following the release of revised US economic data...
Swiss Franc Falls Against Majors 04 Maret 2016 9:19 AM The Swiss franc weakened against the other major currencies in the Asian session on Friday. The Swiss franc fell to 114.09 against the yen, 1.4072 against the pound and 0.9931 against the U.S. dollar, from yesterday's closing quotes of 114...
EUR/USD Extends Corrective Slide Towards 100-DMA 04 Maret 2016 2:30 AM Having peaked near 50-DMA at 1.0975 in last US session, the EUR/USD pair continues to drift lower in Asia so far, correcting heavy gains booked yesterday. EUR/USD drops as USD recovers Currently, EUR/USD trades -0...
USD/JPY Attempts Tepid-Bounce from BOJ’s Kuroda-Driven Low 04 Maret 2016 2:11 AM The bid tone around the Japanese currency strengthened as we progress towards mid-Asia, knocking-off USD/JPY to fresh session lows...
AUD/USD Bearish Bias Post Retails 04 Maret 2016 12:51 AM AUD/USD has not given us much price action on the release of the retails sales for the Australian economy while we await the main event in nonfarm payrolls coming up in the US session to close the week down...
Australia Retail Sales Add 0.3% In January 04 Maret 2016 8:30 AM The total value of retail sales in Australia was up a seasonally adjusted 0.3 percent on month in January, the Australian Bureau of Statistics said on Friday - coming in at A$24.834 billion...