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BNP Paribas CLEER provides model-based projections for cyclical equilibrium exchange rates based on economic fundamentals. "Our economists expect the Fed to remain on hold in 2016 and 2017, causing the CLEER projection for the USD to be revised down," BNPP notes...
EUR/USD: Neutral: Daily closing below 1.0990 would shift outlook to bearish. While EUR touched a low of 1.0955, it rebounded quickly to close almost unchanged for the day. As highlighted in recent updates, despite the generally negative undertone, we prefer to wait for a daily closing below 1...
According to daily and H4 candle pattern of USD/CAD now we are in sell mood! Actually, now we are waiting for breaking 1.36349 level, if it do so! Then our next target will be around 1.32580 and we should set our Stop loss position around 1.38861 level...
Result Forecast EURUSD 17.2.2016 ( 25.2.2016 ) +130 Pips Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
Today the USA will publish the data on durable goods orders. The market closely eyes statistics from the United States, because it helps #investors to make conclusions about when the Fed will raise the rate. Find out more by checking out the Source Link...
Daily Forecast CHFJPY 25/2/2016 On the H4 chart, the price is moving inside a bearish channel. Breaking the trend line brings the expectation to have a rise. Description Analyzer : http://myforexoffice.com/analysis-news/forecasts-technical-analysis...
Pivot Points-Daily Last Updated: Feb 25, 8:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08251 1.09143 1.09618 1.10035 1.1051 1.10927 1.11819 USD/JPY 109.368 110.591 111.374 111.814 112.597 113.037 114.26 GBP/USD 1.36446 1.37934 1.38586 1.39422 1.40074 1.4091 1.42398 USD/CHF 0.96955 0.97959 0...
Pivot Points-Hourly Last Updated: Feb 25, 8:30 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.10021 1.10144 1.10225 1.10267 1.10348 1.1039 1.10513 USD/JPY 111.859 112.172 112.356 112.485 112.669 112.798 113.111 GBP/USD 1.39069 1.39249 1.39323 1.39429 1.39503 1.39609 1.39789 USD/CHF 0.98718 0...
Nikkei Rebounds, Rest of Asia Lower on Oil Fears 25 Februari 2016 2:54 AM The stock markets in Asia traded mixed on Thursday, with the Japanese indices posing a tepid recovery, while the Australian and Chinese equities extend losses after an early wobble...
NZD/USD fails once again near 0.6670, eyes 100-DMA 25 Februari 2016 3:37 AM The NZD/USD pair extends its consolidative mode into mid-Asia, having ran through fresh offers near 0.6670 on its recovery from daily low. NZD/USD back in the red Currently, the NZD/USD pair drops -0.14% to 0...
USD/JPY fades a spike to hourly 100-SMA 25 Februari 2016 3:17 AM USD/JPY catches fresh bid tone in the last hour, as the yen lost complete control following BOJ Kiuchi’s comments and rebound in the Japanese stocks...
USD/JPY finds fresh bids near 112 on BOJ’s Kiuchi 25 Februari 2016 2:22 AM The US dollar tries hard to regain control against its Japanese counterpart, now keeping USD/JPY supported above 112 handle over the last hours. USD/JPY capped below 5-DMA at 112...
AUD/USD supported at 200 Hour SMA 25 Februari 2016 1:50 AM AUD/USD has settled at the 20 sma on the hourly chart at 0.7160 post the Capex sell-off and the yuan fixing. The PBoC fixed the yuan at 6.5318 and injected a huge 340b yuan in reverse repos vs yesterday's mid point fix of 6.5302...
EURUSD Daily Forecast: February 25 2016 25 Februari 2016 1:27 AM EURUSD Forecast The EURUSD had another indecisive movement yesterday but hit another fresh low since formed the shooting star formation, bottomed at 1.0957. The bias remains bearish in nearest term testing 1...
GBPUSD Daily Forecast: February 25 2016 25 Februari 2016 1:24 AM GBPUSD Forecast The GBPUSD continued its bearish momentum yesterday, bottomed at 1.3878. The bias remains bearish in nearest term testing 1.3800. Immediate resistance is seen around 1.3965...
USDJPY Daily Forecast: February 25 2016 25 Februari 2016 1:22 AM USDJPY Forecast The USDJPY attempted to push lower yesterday bottomed at 111.04 but whipsawed to the upside and closed at 112.16, formed a Doji/Pin bar on daily chart as you can see on my daily chart below...
USDCHF Daily Forecast: February 25 2016 25 Februari 2016 1:19 AM USDCHF Forecast The USDCHF was indecisive yesterday. The bias remains bearish in nearest term testing 0.9820/00 region. Immediate resistance is seen around 0.9950...
USDJPY: With the pair rejecting lower level prices to close higher on Wednesday, USDJPY eyes more corrective recovery. This view remains valid as long as the 111.03 support zone remains unbroken. On the downside, support comes in at the 111.50 level where a break if seen will aim at the 111...
Oil prices continued to decline at a hearing Wednesday to complement the sharp decline seen in the previous session after Saudi Arabia ruled over all hopes of reducing production and industry data showed a rise in US crude oil inventories...