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USD/JPY Consolidates Below 109 ahead of US Data The USD/JPY pair is seen consolidating the downside below 109 levels, with the bears taking a breather heading closer towards the US macro dataflow. USD/JPY regains 5-DMA at 108.79 Having fond solid support ahead of 108...

GBP/USD Weaker, Challenging 1.4400 The sterling is trading on the defensive at the end of the week, with GBP/USD now hovering over the 1.4400 neighbourhood. GBP/USD attention to US releases The pair has dropped to 3-week lows in the 1.4380/70 band although it has later managed to regain the 1...

Oil Retraces a Bit from 6-Month Highs ahead of US Retail Sale Data On the last trading day of the week, WTI crude oil futures is consolidating around $46.00 mark after its remarkable recovery from weekly low level of $43.00 to a six-month high level of $47.00 touched yesterday...

FTSE Poised for Third Consecutive Weekly Drop The FTSE 100 is trading lower once more this morning as the index has struggled to make any further headway after the strong relief rally off the lows seen earlier this year...

Dollar Higher Ahead of Consumer Data US futures lower as dollar hits new highs for the week...

GBP/USD Forecast: Still in Range, Risk Turned South The GBP/USD pair fell on the back of increasing risk aversion, hitting 1.4378, a few pips above this week low and the 61.8% retracement of the latest bullish run around 1.4370...

Will US Retail Sales be a Catalyst for the Dollar? Market Overview There has been a hint of move towards more of a safe haven preference overnight as the yen has started to regain ground again and the gold price has been supported and the dollar is looking to gain ground...

Iron & Steel Decline in China: Just Speculative Curb? Iron and Steel, after ground breaking rally in last month and priors, on China’s commodity speculation frenzy in under steady decline this year...

EUR/USD Keeps the Red Around 1.135 Post-GDP, US Data Eyed The recovery from above 50-DMA stalled near 1.1355 region in the European session, with EUR/USD consolidating the downside, paying little attention to the sluggish Eurozone GDP numbers...

USD/CAD Off Highs, Back to 1.2850 The Canadian dollar has trimmed part of its initial losses vs. its American peer on Friday, now taking USD/CAD to the mid-1.2800s. USD/CAD focus on US data, oil Spot has lost upside momentum after testing 1...

USD Could Extend its Rally Next Week – Westpac Richard Franulovich, Strategist at Westpac, sees the greenback could gather further traction in the next week...

USDJPY remains capped beneath resistance from the 61.8% retracement at 109.47, notes Credit Suisse Techs. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...

USD/CHF Looks to Regain 0.9787/0.9833 – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the pair could revisit the area of 0.9787/0.9833. Key Quotes “USD/CHF has eased back slightly to the previous downtrend at...

GBP/USD Further Consolidation Likely – UOB In view of analysts at UOB Group, the pair could face a consolidative pattern in the next 1-3 weeks. Key Quotes “The 1.4390 support indicated yesterday held as GBP rebounded strongly from a low of 1.4406 (overnight high of 1.4529...

EUR/JPY Reverses a Dip to 123, EZ GDP in Focus The EUR/JPY cross stalled its downslide and bounced-off lows just ahead of 123 handle as risk sentiment appears to recover amid a minor-bounce seen in the European stocks. EUR/JPY jumps-off 4-day lows The EUR/JPY pair now drops -0.53% to 123...

Technical Analysis of USD/JPY for May 13, 2016 USD/JPY is expected to trade with a bullish Bias. Overnight, US stock indices, following oil prices' choppy trading path, ended narrowly mixed...

Technical Analysis of USD/CHF for May 13, 2016 USD/CHF is expected to trade with a bullish bias above 0.9680. The pair is pulling back now after yesterday's rallies. A strong support base around 1.4430 has formed and should limit any downward attempts...

Technical Analysis of NZD/USD for May 13, 2016 NZD/USD is expected to trade in a higher range as the bias remains bullish. The pair stands firmly above its nearest support at 0.6775 and is likely to post a new bounce...

Technical Analysis of GBP/JPY for May 13, 2016 GBP/JPY is expected to trade in a higher range. The pair stands above its support at 156.45 and is moving sideways around its 20-period and 50-period moving averages...

AUD/USD Drops to 0.7280, Session Lows The Aussie dollar depreciating further on Friday, relegating AUD/USD to the area of daily lows in the 0.7280 region. AUD/USD lower on USD-bids The pair is sharply lower today, trading in levels last seen in early March around 0...