Mirza Baig / Profile

GBPUSD Daily Forecast: February 22 22 Februari 2016 3:28 AM GBPUSD Forecast The GBPUSD gapped down earlier today, opened more than 100 pips below Friday’s close price. The bias is neutral in nearest term, probably with a little bullish bias since gaps are usually get filled, testing 1.4390 area...

EURUSD Daily Forecast: February 22 22 Februari 2016 3:34 AM EURUSD Forecast The EURUSD had a bearish momentum last week but still unable to make a clear break below 1.1070 support area as you can see on my H1 chart below...

GBP/USD pounded on Boris backing Brexit campaign 22 Februari 2016 5:33 AM GBP/USD witnessed a 130-pips bearish opening gap and remained heavily offered throughout the Asian session as markets digested weekend’s Brexit news. GBP/USD remains capped below 1.4300 The GBP/USD pair sinks 0.83% at 1...

AUD/USD hits news session highs as industrial metals rally 22 Februari 2016 4:58 AM The AUD/USD pair keeps pushing higher lock-stepping in with the oil and industrial metals amid persisting risk-on market profile. AUD/USD recovers 1 big figure from Friday’s low Currently, the AUD/USD pair rises 0...

USDCHF Daily Forecast: February 23 23 Februari 2016 2:19 AM USDCHF Forecast The USDCHF had a bullish momentum yesterday topped at 1.0003. The bias is bullish in nearest term. I think price is still in my “sell zone” with a tight stop loss above 1.0030/50 targeting 0.9600 region...

USDJPY Daily Forecast: February 23 23 Februari 2016 2:22 AM USDJPY Forecast The USDJPY attempted to push higher yesterday topped at 113.38 but whipsawed to the downside and hit 112.00 earlier today. The bias remains bearish in nearest term testing 111.65 area before retesting 110.96...

USD/JPY: Nasty 100 pips sell-off takes rate to 112.00 23 Februari 2016 2:15 AM USD/JPY has extended its sharp fall in Asia, with sellers pushing the price well past the 112.50 handle now, setting new lows at 112...

AUD/JPY bounces-off key support, back above 81 23 Februari 2016 2:39 AM The AUD/JPY pair halted its downslide just below the crucial support placed near 80.85 region and witnessed a quick recovery above 81 handle. AUD/JPY recovers as yen pares gains Currently, the AUD/JPY pair trades -0.45% at 81...

Gold rebounds in Asia on flight to safety, eyes 200-DMA 23 Februari 2016 3:13 AM The bullion staged a solid comeback in the Asian trades, having found good support just ahead of $ 1200 mark, as risk-off sentiment returned to markets on renewed oil price decline. Gold: 200-DMA on sight at $ 1220...

EUR/USD extending the recovery from 200-DMA 23 Februari 2016 3:45 AM The main currency pair holds onto the key 200-DMA support placed at 1.1025 and now attempts a minor-recovery few pips shy of 1.1050 levels. EUR/USD rises as USD weakens Currently, EUR/USD trades 0.14% higher at 1...

AUDGBP: Risk premium on sterling in H1 – Westpac 23 Februari 2016 4:07 AM Sean Callow, Research Analyst at Westpac, suggests that the Sterling has sustained heavy damage now that the stage has been set for 4 months of UK political division and business uncertainty over Britain’s place in the EU...

AUD/USD under pressure below 0.7240, risk-off persists 23 Februari 2016 4:18 AM The AUD/USD pair failed several recovery attempts near 0.7240 region and now consolidates near the lower-bound of today’s trading range amid omnipresent risk-off market profile...

GBPUSD Daily Forecast: February 23 23 Februari 2016 2:33 AM GBPUSD Forecast The GBPUSD had a bearish momentum yesterday, slipped below 1.4080 as you can see on my daily chart below bottomed at 1.4057 (note: February 2009 low is at 1.4052) but closed higher at 1.4148...

EURUSD Daily Forecast: February 23 23 Februari 2016 2:35 AM EURUSD Forecast The EURUSD had a bearish momentum yesterday, broke below 1.1070, bottomed at 1.1003. The bias is bearish in nearest term testing 1.0950 region located around the trend line as you can see on my H1 chart below...

AUD/USD cracks 0.7100 on RBA’s Edwards 19 Februari 2016 2:09 AM Risk-off market profile combined with RBA’s Edwards comments knocked-off the AUD/USD pair below the key support hourly 200-SMA support, now breaking through 0.71 handle. AUD/USD breaches hourly 200-SMA at 0...

BOJ's Kuroda: Negative rates will help boost Japan's economy 19 Februari 2016 2:11 AM Bank of Japan (BOJ) Governor Kuroda is speaking in parliament today, noting that negative rates will help boost Japan's economy. Headlines via Bloomberg Neg rates will put downward pressure on bond yields...