posted by
almapal
13 days ago
in JPY, Technical, Daily
The Singapore dollar against the Japanese yen (SGD/JPY) has been on a smooth uptrend since November of last year surging from 64.50 to a 15-year high of 82.44 last month. Although, the forex pair has already dropped by more than 3 percent after s
posted by
GAINSY
13 days ago
in Technical, Daily
EUR: Although the single currency jumped again on weaker-than-expected US ADP data, euro ran into indicated offers at 1.3120 and has retreated again. At the moment, offers remain at 1.3120 with stops remain above there, more sell orders are noted
posted by
GAINSY
13 days ago
in USD, Technical, Daily
EUR/USD: No change in EUR/USD's outlook. Rebound from 1.2796 is viewed as a corrective move and could extend higher. But upside should bel limited below 1.3242 and bring reversal. Below 1.2943 minor support will suggest that such correction is fi
posted by
GAINSY
13 days ago
in USD, Technical, Daily
Dollar is steady in early US session after mixed economic data. ISM non-manufacturing index improved more than expected to 53.7 in May. ADP employment report release earlier was a disappointment. It showed merely 135k growth in private sector job
posted by
stephenlovesforex
13 days ago
in USD, Technical, Daily
A Forex trading technical analysis video showing how, from a double top in May at 15,540 we have dropped to test channel support which happens to coincide with the 26-day moving average at 15,100. A daily close below here will drag the Lagging S
posted by
GAINSY
13 days ago
in Fundamental, Daily
Overall dealers seemed to have no appetite to force a break of the recent range ahead of key European rate decision and US Payroll data...
posted by
GAINSY
13 days ago
in Fundamental, Daily
'We're engaged in a race against time, and in too many countries, too many people without a job - in particular young people - remind us that the battle is not yet won, and further efforts are needed' -EU President Herman Van Rompuy
posted by
GAINSY
13 days ago
in Fundamental, Daily
Asian bourses are broadly weaker with Australian equities as the region's largest underperformer at the time of the midday break in Tokyo/China. The S&P/ASX continued its recent selloff, at one point falling to a 4-month low below 4,840, after th
posted by
FXTechstrategy
13 days ago
in USD, Technical, Daily
AUDUSD: The pair has ended its correction following a reversal of its gains on Tuesday and a follow though on Tuesday.
posted by
GAINSY
13 days ago
in Technical, Daily
EUR: The single currency met strong resistance again right at this week's high of 1.3108 and has retreated in European morning, however, bids are still noted at 1.3065 and also at 1.3050 with stops remain below 1.3040 but fresh demand should emer
posted by
falgunigyarsia
13 days ago
in Daily, Trade
In the evening time a totally different look has been seen in the price of commodity products. In morning trade most of the metal seems negative but currently all the mcx products whether base metal, precious metal or energy products all are look
posted by
GAINSY
13 days ago
in USD, Technical, Daily
AUD/USD continues to stay in range above 0.9527 short term bottom and intraday bias remains neutral for more consolidations. In case of another rise, upside should be limited by 38.2% retracement of 1.0384 to 0.9527 at 0.9854 and bring fall resum