posted by
GAINSY
10 days ago
in EUR, Technical, Daily
EUR/USD's fall resumed after brief consolidations and reaches as low as 1.2912 so far. Intraday bias is back on the downside and deeper fall should be seen back to 1.2746 support. Break will resume whole decline from 1.3710 support.
posted by
GAINSY
10 days ago
in GBP, Technical, Daily
GBP/USD's fall from 1.5606 is still in progress and intraday bias remains on the downside for 1.5196 support. Break will confirm that corrective rebound from 1.4830 has completed at 1.5606 after hitting 50% retracement of 1.6380 to 1.4830 at 1.56
posted by
GAINSY
10 days ago
in USD, Technical, Daily
AUD/USD drops further to as low as 0.9876 so far today and intraday bias remains on the downside. AUD/USD is currently pressing the lower trend line support (now at 0.9880) and we'd be cautious on rebound from here. Though, as long as 1.0003 mino
posted by
GAINSY
10 days ago
in USD, Technical, Daily
Dollar extended recent rally together with US equities and treasury yields overnight and stayed firm in Asian session. DOW and S&P 500 jumped to new record high of 15215.25 and 1651.1 respectively. Asian equities followed with Nikkei breaking 150
posted by
FXTechstrategy
10 days ago
in EUR, Technical, Daily
EURUSD: With EUR taking out its support at the 1.2955 level to close lower on Tuesday and extending that weakness during early trading today, more decline is expected.
posted by
Chrystery316
10 days ago
in Daily
U.S. retail sales surprisingly rose in April, prompting forecasters including JPMorgan and Goldman Sachs to upgrade their second quarter growth forecasts.
posted by
rahulx
10 days ago
in Technical, Daily
Indian Stock Market Closed Positive after choppy session. Broader NSE Index Nifty Closed at 5995.40, up 0.25% and BSE SENSEX ended at 19722.29, gain 0.16%.
posted by
GAINSY
10 days ago
in EUR, Technical, Daily
EUR/USD: With 4 hours MACD crossed above signal line, a temporary low is formed at 1.2935 and intraday bias is turned neutral first. Some consolidation would be seen but risk will remain on the downside as long as 1.3194 resistance holds...
posted by
GAINSY
11 days ago
in GBP, Technical, Daily
GBP/USD: Intraday bias in GBP/USD remains on the downside for 1.5196 support. Break will confirm that corrective rebound from 1.4830 has completed at 1.5606 after hitting 50% retracement of 1.6380 to 1.4830 at 1.5605. In such case, deeper fall sh
posted by
GAINSY
11 days ago
in USD, Technical, Daily
Markets are rather quite this week so far. Dollar seemed to have formed a temporary top against other major currencies and some consolidations would probably be seen. While US yields edged higher overnight, USD/JPY stayed in sideway trading below
posted by
commodityblog
11 days ago
in USD, Fundamental, Daily
The Bank of Israel made an unexpected move yesterday, cutting its benchmark interest rate. The Israeli new shekel dropped versus the euro today, but rose against the US dollar.