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EURUSD Daily Forecast: March 03 2016 03 Maret 2016 2:44 AM EURUSD Forecast The EURUSD had another indecisive movement yesterday, formed another Doji on daily chart but hit another fresh low at 1.0825. The bias remains neutral in nearest term...

EUR/USD Offered at 1.0875, Eyes Tuesday’s Low 03 Maret 2016 4:08 AM The bid tone surrounding the USD is seen gathering pace, sending EUR/USD to fresh session lows near the mid-point of 1.08 handle. EUR/USD trades below all major DMAs Currently, EUR/USD trades -0...

AUD/USD Hits New 2016 Highs above 0.73, Ignores China PMI 03 Maret 2016 2:21 AM The AUD/USD pair reversed losses and swung back into the positive territory above 0.73 handle, extending the rally into the third day. AUD/USD sees almost 30-pips recovery Currently, the AUD/USD pair gains 0...

China: Caixin Services PMI Unexpectedly Drops in Feb 03 Maret 2016 1:57 AM Caixin Purchasing Managers’ Index (PMI) report showed that the Chinese services sector activity expanded at a slower pace last month, surprising markets to the downside...

AUD/NZD Fails to Resist Above 200-DMA 03 Maret 2016 3:07 AM The Australian dollar managed to recover lost footing versus its OZ neighbour over the last hours, although AUD/NZD struggles to extend on the bids...

US: After Stronger ADP, ISM Non-Manufacturing in Focus Today – Westpac 03 Maret 2016 4:18 AM Sean Callow, Research Analyst at Westpac, notes that the US dollar softened in NY trade, helping AUD/USD extend its GDP-driven gains to touch 0.7300 for the first time since 4 January...

USD/CNY Remains Well Supported Below Key Resistance at 6.5525 03 Maret 2016 11:06 AM Pair is currently trading around 6.5508 levels. It made intraday high at 6.5508 and low at 6.5459 levels. Today China's Caixin Services Purchasing Managers' Index (PMI) fell from a six-month high of 52...

FXWIREPRO: EUR/AUD Breaks Below 1.49 Handle, Hits Fresh 2016 Lows at 1.4843 03 Maret 2016 11:16 AM EUR/AUD extends downside, breaks below 1.49 handle to hit fresh 2016 lows at 1.4843. Upbeat Australian trade balance data and risk-on rally in Asian markets buoy the Aussie...

USD/JPY Extends Recovery Above 114, USD Picks-up Pace 03 Maret 2016 4:33 AM The ongoing recovery in the USD/JPY pair found fresh legs over the last, pushing the prices back above 114 handle...

GBP/USD wipes-out Gains, Eases to 1.4080 03 Maret 2016 7:11 AM The GBP bulls appear to surrender control in the early European trades, sending GBP/USD lower from session tops reached just shy of 1.41 handle. GBP/USD erases gains as USD strengthens The GBP/USD pair trades almost unchanged at 1...

EUR/GBP Testing 0.7700 Ahead of PMIs 03 Maret 2016 7:08 AM After a brief test of the 0.7690 area yesterday, EUR/GBP has managed to recover the 0.7700 handle although keeping the negative note for the time being...

Technical Analysis of USD/JPY for March 03, 2016 In Asia, Japan will not release any economic data...

Technical Analysis of EUR/USD for March 03, 2016 When the European market opens, some economic news will be released such as French 10-y Bond Auction, Retail Sales m/m, Final Services PMI, German Final Services PMI, French Final Services PMI, Italian Services PMI, and Spanish Services PMI...

Elliott Wave Analysis of EUR/JPY for March 3, 2016 Wave summary: The rally from 122.08 seems to have topped at 124.36. The failure to take out the 125.01 high does indicate that a running triangle is developing, but not an expanded flat...

Elliott Wave Analysis of EUR/NZD for March 3, 2016 Wave summary: This cross again did, what it has done many times lately. It stages the first minor signal that the correction in wave [ii] was over and then took a new dive to new lows, this is pretty confusing...

Technical Analysis of GBP/CHF for March 03, 2016 Technical outlook and chart setups: The GBP/CHF pair is seen to be inching higher above trend line resistance, trading at 1.4050 levels now. The pair is soon approaching fibonacci 0.618 resistance of the drop between 1.4320 and 1...

Technical Analysis of EUR/JPY for March 03, 2016 Technical outlook and chart setups: The EUR/JPY pair seems to have formed interim bottom at 123.00 levels yesterday as expected. Please also note that 123.00 is fibonacci 0.50% support level of the rally between 122.00 and 124...