posted by
GAINSY
5 days ago
in EUR, Technical, Daily
made popular 5 days ago
EUR/USD: No change in EUR/USD's outlook. Further rise could still be seen in EUR/USD. But again, price actions from 1.2746 is viewed as a corrective move only. Strong resistance is expected above 61.8% retracement of 1.3710 to 1.2746 at 1.3342 to
posted by
GAINSY
5 days ago
in USD, Technical, Daily
made popular 5 days ago
AUD/USD: Current development suggests that a short term bottom is formed at 0.9325 on bullish convergence condition in 4 hours MACD. Intraday bias is mildly on the upside for rebound to 0.9791 cluster resistance (38.2% retracement of 1.0581 to 0.
posted by
GAINSY
5 days ago
in JPY, Technical, Daily
made popular 5 days ago
Overnight rebound in US stocks, with DOW up 180.85 pts, brought Asian markets broadly higher today. Nikkei rises over 340 pts at the time of writing and pared some of this week's sharp losses. Yen crosses followed and recovered mildly while Aussi
posted by
FXTechstrategy
5 days ago
in EUR, Technical, Daily
made popular 5 days ago
EURUSD: Having continued to extend its bullishness, we look for it to strengthen further. This development leaves EUR targeting the 1.3400 level
posted by
commodityblog
5 days ago
in Fundamental, Daily, Oil
made popular 5 days ago
Crude oil rallied today after a set of positive reports from the United States was released. The gains were somewhat surprising as nowadays traders are cautions of good news that may convince the Federal Reserve to take away stimulus.
posted by
GAINSY
5 days ago
in Technical, Daily
made popular 5 days ago
EUR: The single currency ran into indicated offers ahead of 1.3400 stops and has retreated sharply in European session on cross-selling in euro, bids at 1.3350, 1.3330 and 1.3300 together with stops below 1.3290-00 were cleared but more buy order
posted by
GAINSY
5 days ago
in JPY, Technical, Daily
made popular 5 days ago
Risk aversion dominated financial markets today and in spite of better than expected economic data data from US, sentiments remained weak. Global equities were broadly lower today with Nikkei down -6.35% while major European indices are staying i
posted by
thegeekknows
6 days ago
in USD, EUR, Daily
made popular 3 days ago
EUR/USD moved according to our forecast like clock work. Caution on the end of week.
posted by
GAINSY
6 days ago
in Fundamental, Daily
made popular 6 days ago
'While April industrial production data are relatively encouraging, the euro zone manufacturing sector is not yet out of the woods ' - Howard Archer, chief European economist at IHS Global Insight ...
posted by
GAINSY
6 days ago
in Technical, Daily
made popular 6 days ago
EUR: The single currency surged again on dollar's broad-based weakness and offers at 1.3370-80 were filled, however, mixture of offers and stops remains at 1.3400-10 and more selling interest from Asian CBs should emerge around 1.3425-35 and furt
posted by
GAINSY
6 days ago
in EUR, Technical, Daily
made popular 6 days ago
EUR/USD: Intraday bias in EUR/USD remains on the upside for further rally. But again, price actions from 1.2746 is viewed as a corrective move only. Strong resistance is expected above 61.8% retracement of 1.3710 to 1.2746 at 1.3342 to bring fall