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Andrius Kulvinskas
Andrius Kulvinskas
EURAUD a bit more upside and then down
Andrius Kulvinskas
게재된 포스트 AUD/USD might weaken to 0.7500
Analysts at Westpac view that AUD/USD has made a top around 0.7850/0.7900 and further weakness might resume for the pair towards 0.7500. Key Quotes “We remain of the view that the AUD has potential for further weakness to 0...
Andrius Kulvinskas
게재된 포스트 EUR/USD might rise to 1.14 levels
According to FXStreet Editor and Analyst, Omkar Godbole, the EUR/USD pair is likely to rise to 1.14 levels, with technicals supporting the bullish gains. Key Quotes “The EUR/USD pair fell to 1.1390 levels after breaching the hourly 50-SMA, then located at 1.1410 levels...
Andrius Kulvinskas
게재된 포스트 Markets prepared for a neutral BoE
The Research Team at Standard Bank, notes that markets are seemingly prepared for BoE to keep rates on hold in today’s meeting, with rate-expectations pushed back by some months...
Andrius Kulvinskas
게재된 포스트 What lies ahead for EUR/USD?
EUR/USD is back to the 1.1300 neighbourhood following markets disappointment over the progress in the Greek front, fading the recent spike to 1.1540...
Andrius Kulvinskas
게재된 포스트 EUR/USD supported at 1.1300
The single currency is now recovering part of the deep pullback posted on Wednesday, with EUR/USD hovering over 1.1340/50. EUR/USD hurt by Greek rumours The pair has lost more than two big-figures since Tuesday’s tops around the mid-1.1500s...
Andrius Kulvinskas
게재된 포스트 NZD/USD further upmove possible
The Research Team at Varengold Bank, views that NZD/USD has the scope to for a further upward movement in the future, with the pair continuing to decline since July and rebounding after making a new low at 0.7202. Key Quotes “After touching the resistance line at 0...
Andrius Kulvinskas
게재된 포스트 Oil extends freefall, tanks above 1%
WTI Oil futures on NYMEX gave back gains from the early Asian session and resumed its slide below USD 48 as fears over a global oversupply returned to the oil market after record US stockpiles. Back below USD 48/ barrel Currently, WTI oil trades 1.44% lower at USD 47...
Andrius Kulvinskas
게재된 포스트 Market Movers: Antipodeans remain bid as USD sleeps
Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities, shares the market performance in the Asian trade, noting that USD’s G10 peers moved up, led by the AUD...
Andrius Kulvinskas
게재된 포스트 Euro’s 2-day rally halted on Greek concerns
The TradeTheNews Team notes that the ongoing political transition in Greece, accompanied by ECB’s decision to restrict cash access to Greek banks halted the 2-day rally of euro. Key Quotes “Renewed concerns over the implications of political transition in Greece helped constrain a 2-day rally...
Andrius Kulvinskas
게재된 포스트 GBP/USD regains 1.5200, BOE Meeting in focus
GBP/USD edged higher in the early European morning, extending gains for the third straight session as traders now focus on the Bank of England (BOE) meeting on rate decision due later today. Faces stiff resistance at 1.5214 levels The GBP/USD pair traded at 1.5206 levels, up 0...
Andrius Kulvinskas
게재된 포스트 Gold firms above USD 1270, awaits fresh incentives
Gold prices on Comex extended gains from the previous session and remained elevated, although in a tight range, as traders await fresh cues from the European session. Forms a Doji on the daily chart Currently, gold trades higher by 0.64% at fresh daily highs of 1272...
Andrius Kulvinskas
게재된 포스트 XAU/USD might test 1276.35
According to FXStreet Editor and Analyst, Dhwani Mehta, XAU/USD bulls might lead the pair higher if it sustains above 1270, expecting a break above 1272.20 to pave way for 1276.35. Key Quotes “Gold prices in terms of US dollar (XAU/USD) rebounded and closed on Wednesday at higher levels at 1272...
Andrius Kulvinskas
게재된 포스트 GBP/USD undertone remains positive
The Research Team at UOB Group views that with a strong support at 1.5100, the positive tone remains for GBP/USD for the next few days. Key Quotes “As indicated in yesterday’s update, a clear break above the key level of 1.5270 is unlikely.” “The sharp drop from the overnight high of 1...
Andrius Kulvinskas
게재된 포스트 Support & Resistance for AUD/USD
For today R4 - 0.7995 / R3 - 0.7942 / R2 - 0.7907 / R1 - 0.7852 SPOT 0.7792 S1 - 0.7710 / S2 - 0.7665 / S3 - 0.7627 / S4 - 0.7580 LONG AT .7773 FOR .7942, STOP AT .7710...
Andrius Kulvinskas
게재된 포스트 NZDUSD: A Simple Three-Ingredient Recipe for a Rally
“The older I get, the more I realize the truth is the simpler the food, the more exceptional it can be...
Andrius Kulvinskas
게재된 포스트 Gold’s current consolidation to resolve to the upside
According to Deutsche Bank, the current consolidation of Gold might resolve to the upside towards $1329.00/31.00 as long as it remains above $ 1244.00...
Andrius Kulvinskas
게재된 포스트 AUD/USD near-term risks to the downside
Emmanuel Ng of OCBC Bank, views the near-term risks for AUD/USD towards 0.7720 levels. Key Quotes “With the RRR cut by PBOC granting little lasting buoyancy for the AUD-USD on Wednesday, the subsequent EUR jitters and renewed commodity softness saw the AUD-USD sinking back below 0.7800...
Andrius Kulvinskas
게재된 포스트 US NFP expected at 230k
Nomura expects the US NFP to cone at a net new 230k jobs to be added to the US economy in January. Key Quotes "We expect the Bureau of Labor Statistics (BLS) to report on Friday, 6 February, that a net new 230k jobs were added to US nonfarm payrolls in January...
Andrius Kulvinskas
게재된 포스트 NZD/USD on its way to 0.7400
NZD/USD continued its upward trajectory in the mid-Asian session, having closed flattish in the previous session, little affected by the bullish US services report. Supported by 10-DMA Currently, the NZD/USD extended gains and trades at 0.7389 levels, up 0.29% on the day on its way to retest 0...