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USD/JPY maintained its upside momentum in the European morning and wavered near fresh monthly highs after upbeat US jobs data continues to support the greenback. USD/JPY eyes 120 mark Currently, the USD/JPY traded higher by 0.11% at 119...
For today R4 - 0.7942 / R3 - 0.7907 / R2 - 0.7877 / R1 - 0.7842 SPOT 0.7777 S1 - 0.7723 / S2 - 0.7665 / S3 - 0.7627 / S4 - 0.7580 LONG AT .7773 FOR .7942, STOP AT .7723...
On Wednesday the Aussie dollar traded nearly flat in Asia on a mix of upbeat housing data and consumer sentiment but as investors focused on Greece, and China data ahead...
“USD/JPY has broken higher from its converging range and despite strong overhead resistance we will simply go with this break”, notes Commerzbank Analyst, Karen Jones in her report...
Karen Jones, Head of Technical Analysis at Commerzbank, gives the technical setup for EUR/CHF and USD/CHF. Key Quotes “EUR/CHF last week rallied to, tested and held below the 1.0600/70 region – this is the 61.8% retracement of the sell off.” “It is increasingly likely that 1.0670 (61...
Oliver Harvey, Macro strategist at Deutsche Bank, reviews the G10 currencies based on technical measurements to determine which one are the most favourable to trade, noting that while AUD/USD is the most trending currency, the pair appears very stretched from both RSI and RR measures...
Gold prices on Comex advanced amid thin Asian demand, rebounding from near one month-lows reached in the previous session, as traders continue to speculate over Greece’s future. Stuck below 200-DMA Currently, gold trades higher by 0.41% at 1237.30 levels, having posted daily lows at 1233...
Analysts at Kshitij Consultancyshare the technical outlook for AUD/USD. Key Quotes “As it turns out, the intra-day Resistance at 0.7842 mentioned yesterday on the Aussie (0.7775) held well possibly reinforcing the overall downtrend.” “Layers of Resistances coming up overhead now (0.7842, 0...
Talking Points: USD/JPY Technical Strategy: Flat Support: 118.96, 118.10, 116.76 Resistance: 120.82, 121.91, 123.88 The US Dollar may be readying to resume its advance against the Japanese Yen after prices cleared resistance at the top of a two-month-old Triangle pattern...
Talking Points: GBP/USD Technical Strategy: Flat Support: 1.5171, 1.4980, 1.4750 Resistance: 1.5322, 1.5551, 1.5737 The British Pound is consolidating after retreating from resistance at the top of a falling channel guiding the down trend against the US Dollar since mid-September...
Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1318, 1.1185, 1.0970 Resistance:1.1533, 1.1659, 1.1832 The Euro is stalling after rising against the US Dollar as expected having produced a bullish Morning Star candlestick pattern. Near-term support is at 1.1318, the 14...
The relative strength index or RSI is probably the most popular oscillator used by the FX trading community. It was developed by J. Welles Wilder Jr. to gage the strength or momentum of a currency pair...
Ross William Ulbricht, 30, founded Silk Road, which became the internet’s largest black market. Authorities estimated $1.2 billion in sales were made on the site before it was shut down. The homepage to Silk Road 2...
AUD/USD: Short One short position with a traling stop is still open for the last two weeks. See for more information my weekly reviews on my strategy pubished in the last 2 weeks...
Judging from flows, investors should consider selling the EUR anyway, advises CitiFX. "Turnover is running over twice the recent average, with real money and leveraged names leading a 52% bias to the downside," Citi notes. "A push through support in the 1...
Strategists at Westpac remark the relevance of the 1.1205 level in EUR/USD. Key Quotes “Still not a lot going for the euro right here even though its more stable price action lately speaks to a better tone”...
daily routine while working as an employee in the private sector create the mood to be bored. without challenge and income must be limited. if the rest of my life working to be a certain company employees would have difficulty to get everything I want...
The US dollar is prolonging its momentum vs. its Canadian counterpart on Tuesday, pushing USD/CAD beyond the 1.2600 handle. USD/CAD firmer on BoC The sharp sell off in the crude oil (down almost 5% around $50...
