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USD/CHF Aases-Off Two-Week High in Sync with USD Index The USD/CHF pair ran through offers near 0.9680 region and now turns negative as the spot mirrors the greenback’s moves against its major rivals. USD/CHF flat-lined above 0.9660 Currently, the USD/CHF pair trades modestly flat at 0...
Oil Steadies Ahead of Producers Meeting Oil prices at both sides of the Atlantic were trading steady as investors turned cautious ahead of OPEC and non-OPEC meeting planned over the weekend. At the time of writing, Brent was up 13 cents at $44/barrel. WTI was up 16 cents at $41.66/barrel...
Elliott Wave Analysis of EUR/NZD for April 15 - 2016 Wave summary: After the strong rally of the 1.6244 low, we saw a rally to 1.6492 followed by a corrective decline to 1.6302 and we are now looking for a break above minor resistance at 1...
Elliott Wave Analysis of EUR/JPY for April 15 - 2016 Wave summary: With a low at 122.70, EUR/JPY failed to make a new low below 122.54 indicating either a fifth wave failure or that a more complex correction is unfolding in red wave [iv]. We will continue to look for resistance at 123...
EUR/USD Pullbacks Limited Near 1.1140 – UOB The research team at UOB Group remains bearish on the pair, although bearish moves should meet support around 1.1140. Key Quotes “We turned bearish EUR yesterday and there is no change to the view”...
USD/CAD Keeps Lows Near 1.2800 After a failed attempt to break above the 1.2900 handle on Thursday, USD/CAD has resumed its down move and is now testing lows near 1.2800 the figure. USD/CAD focus on oil, data CAD has managed to regain the upside momentum vs...
GBP/JPY Surrenders Gains, Trades Below 155.00 GBP/JPY now trades largely unchanged on the day around 154.90 after having ran into offers around 155.31 levels. Trades around hourly 50-MA The cross is currently trading around its hourly 50-MA level...
EUR/JPY Trims Gains Near 123.30, Yen Picks-Up Pace The shared currency trims gains and trades modestly flat versus its Japanese counterpart in the early European trades, now sending EUR/JPY further away from 123.50 levels. EUR/JPY trades around 5-DMA The EUR/JPY pair advances 0.08% to 123...
China has published some important #economic #indicators. Partially they met expectations, and some of them even exceeded forecasts. It caused #AUDUSD growth, which was also supported with the weakness of the U.S. dollar. Find out more by checking out the Source Link...
CAD: Manufacturing Sales are Forecast to Have Fallen - TDS Research Team at TDS, suggests that after two months of very robust gains, manufacturing sales are forecast to have fallen by 1.8% in February...
Daily Analysis of Major Pairs for April 15, 2016 EUR/USD: The rally on the USD/CHF has forced the EUR/USD to break southward. The price is now below the resistance line at 1.1300, testing the support line at 1.1250...
Daily Analysis of USDX for April 15, 2016 On the H1 chart, USDX has been performing a consolidation above the support zone of 94.85, after the Index made a breakout above it, with a rally to test the 95.17 high...
Daily Analysis of GBP/USD for April 15, 2016 On the H1 chart, GBP/USD has been doing a rebound above the support level of 1.4108, after it performed a decline from the April 12th highs. However, we're expecting that the Cable re-tests the support zone of the 1...
USD/CHF Initially Supported at 0.9620/45 – Commerzbank According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, occasional pullbacks in the pair should find support in the 0.9620/45 band...
SGD: MAS Surprises with a Zero Slope - Nomura Research Team at Nomura, notes that the Monetary Authority of Singapore (MAS) announced a shift to a zero rate of appreciation of the S$NEER policy band, with no change to the mid-point or slope...
Aussie Futures Show Bulls Committed With Uptrend Preliminary data from the CME Group shows that futures traders continue to add new long-sided business in the 6A contract (AUD/USD) this week, as the Aussie continues its relentless course north, following upbeat Australian employment numbers on Th...
AUD/USD Struggling Hard to Take-Out 2016 High The AUD/USD pair continues to trade at higher levels as sentiment remains buoyed by upbeat China macro news, although lacks momentum for further upside. AUD/USD manages to hold above 0.77 handle Currently, the AUD/USD pair rises 0.23% to 0...
GBP/USD Hovers Around 38.2% Fibo GBP/USD pair is hovering just below 1.4154 (38.2% of 1.4669-1.3835) after having recovered from the low of 1.4133 levels. Rejected at hourly 200-MA Spot made repeated failed attempts to take out hourly 200-MA throughout European and US session yesterday...
EUR/GBP Within Range After Chinese Data EUR/GBP is looking to consolidate the weekly drop from highs above the 0.8100 handle to the current area of 0.7955/50. EUR/GBP supported near 0...
