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Andrius Kulvinskas
Publication publiéeNZD/USD rallies on RBNZ Wheeler’s speech
- NZD/USD extended its recovery mode in to the European morning, rallying to fresh session highs as traders continue to cheer Reserve Bank of New Zealand (RBNZ) Governor Wheeler’s dovish tone. Retraces from day’s high at 0.7449 Currently, the NZD/USD extended gains and trades at 0...
Andrius Kulvinskas
Publication publiéeSupport & Resistance for EUR/USD
For today R4 - 1.1652 / R3 - 1.1587 / R2 - 1.1540 / R1 - 1.1500 SPOT 1.1471 S1 - 1.1449 / S2 - 1.1420 / S3 - 1.1360 / S4 - 1.1337 BUY AT 1.1427 FOR 1.1652 OBJECTIVE, STOP 1.1360...
Andrius Kulvinskas
Publication publiéeSession Recap: Oil rallies, USD falls
Dollar weakness was the theme of the day on Tuesday, and although there were no clear catalysts for the USD sell-off, oil recovery worked against the US currency for sure. EUR/USD rose 2 big figures and scored a high of 1.1533 amid headlines about Greek debt negotiations...
Andrius Kulvinskas
Publication publiéeTalk of a Grexit is premiture - BBH
Analysts at Brown Brothers Harriman noted the other the positive market reception to Greece's proposals. Key Quotes: "The essence of the new government's proposals is for a bond swap. It wants to exchange its bonds in the official sector with growth-linked bonds and perpetual bonds for the ECB...
Andrius Kulvinskas
Publication publiéeEUR/USD finds strong resistance at 1.1450; sideways
The Euro is the winner of the day; however, it's experiencing difficulties extending gains versus the US Dollar. After climbing over 100 pips from 1.1335 to trade at highs since January 22 at 1.1450, the EUR/USD is trading sideways now...
Andrius Kulvinskas
Publication publiéeAUD/USD recovers from six-year lows
The AUD/USD pair recovered from six-year low of 0.7624 as the recovery in Crude prices eased concerns of falling inflation expectations in the advanced world...
Andrius Kulvinskas
Andrius Kulvinskas
Trading plans are great in theory, but can you follow them in real time trading?
Andrius Kulvinskas
Publication publiéeUS stocks likely to see a positive start
The US stocks are likely to see early buying after seeing a late strength in the previous session. The major index futures in the US are indicating a higher open for the markets. At the time of writing, the DJIA futures traded 0.43% higher at 17,373.50 levels, while the S&P futures traded 0...
Andrius Kulvinskas
Publication publiéeEUR/USD challenges 1.1400
EUR/USD pushed higher and briefly rose above the 1.14 mark at the beginning of the American session, amid comments about Greek debt situation...
Andrius Kulvinskas
Publication publiéeEUR/USD short-term technicals mixed – Scotiabank
Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes that EUR/USD short-term technicals as mixed, with the pair still trading within its 8-session range of 1.1098 – 1.1423. Key Quotes “EUR is flat, still trading within its 8‐session range of 1.1098 to 1...
Andrius Kulvinskas
Publication publiéeOil erases losses for 2015 as majors take action
Oil prices rallied again Tuesday, with producers announcing spending cuts that added to a slew of positive factors helping to drive the commodity higher. U.S. crude climbed more than $1.50 a barrel on Tuesday and was trading above $51 a barrel by 12:30 p.m GMT (7:30 a.m. EST...
Andrius Kulvinskas
Publication publiéeRBA joins the central bank parade – BBH
The Brown Brothers Harriman Team shares that RBA has joined the central bank chorus of easing policy by slicing 25bps off its rates, and further add that there exists possibility of another rate cut in Q2. Key Quotes The Reserve Bank of Australia joined the chorus of central banks to ease policy...
Andrius Kulvinskas
Publication publiéeUSD/CAD falls to fresh one-week lows
The US dollar shaved off previous gains and fell back in red as solid recovery in oil prices lifted the resource-lined loonie. 1.2500 levels eyed Currently, the USD/CAD trades at fresh one-week lows of 1.2532 levels, down -0.28% on the day, retracing from day’s high at 1.2644 levels...
Andrius Kulvinskas
Publication publiéeWTI set to surge further – BAML
The Research Team at Bank of America-Merrill Lynch, expects WTI Crude’s gains to continue towards $54.33 levels. Key Quotes “Evidence suggests that Friday's surge higher in WTI has further to run...
Andrius Kulvinskas
Publication publiéeSilver gains more than 2%
Silver prices advanced today after having capped losses around USD 17.00 for last four trading sessions. Gains capped at 10-DMA The gains in the metal have been capped at the 10-DMA located at USD 17.68/Oz levels...
Andrius Kulvinskas
Publication publiéeWith RBA likely to act further, AUD/USD might move towards 0.70 – Rabobank
Jane Foley, Senior Currency Strategist at Rabobank, forecasts AUD/USD to head towards 0.70 levels over the next 12 months as the threat of further RBA policy action increases...
Andrius Kulvinskas
Publication publiéeRBI might cut rates by 50bps in H1 2015 – TDS
Cristian Maggio, Head of EM Research at TD Securities, reviews today’s RBI’s policy decision, and further predicts that India to see a 50bps rate cut in H1, 2015. Key Quotes “The statement clarified that the repo rate was held at 7...
Andrius Kulvinskas
Publication publiéeOil shares push up FTSE
The London’s FTSE gained for the second day as a recovery in Crude prices pushed Energy and mining hares higher. Oil firms, Miners gain Weir Group gained 5.05%; top gainer so far. Miners like BHP Billiton, Anglo American, Antofagasta and Glencore Xstrata are up more than 4% each...