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FOREX

NZD/USD Intraday technical levels and tradi...

Aug 16, 2017Comments off

Daily Outlook The NZD/USD pair has been trending up within the depicted bullish channel since January 2016. In November 2016, early signs of bullish weakness

Intraday technical levels and trading recom...

Aug 16, 2017Comments off

Monthly Outlook In January 2015, the EUR/USD pair moved below the major demand levels near 1.2100 (multiple previous bottoms set in July 2012 and June

Global macro overview for 16/08/2017

Aug 16, 2017Comments off

Global macro overview for 16/08/2017: The US economy is slowly, but surely overcoming the headwinds. The recent data from US manufacturing sector in form of

Fundamental Analysis of AUD/USD for August ...

Aug 16, 2017Comments off

AUD/USD has been in a bearish volatile trend recently after bouncing back from 0.8050 resistance area. Today AUD MI Leading Index report was published with

Global macro overview for 16/08/2017

Aug 16, 2017Comments off

Global macro overview for 16/08/2017: The FOMC Meeting Minutes for the month of July is scheduled for release at 06:00 pm GMT and this will

Demand for the dollar is growing

Aug 16, 2017Comments off

Strong growth in retail sales in July contributed to the return of demand for the dollar. According to a U.S. Census Bureau report released on

Fundamental Analysis of EUR/JPY for August ...

Aug 16, 2017Comments off

EUR/JPY is currently residing inside a corrective range of 128.50 to 130.60 area. EUR has been quite stronger than JPY today despite recent positive JPY

Technical analysis of USD/JPY for August 16...

Aug 16, 2017Comments off

All our targets which we predicted in Yesterday’s analysis have been hit. The pair is expected to trade in upside range. The technical outlook of

Elliott wave analysis of EUR/NZD for August...

Aug 16, 2017Comments off

Wave summary: EUR/NZD is now broken above resistance at 1.6236 as expected. A clear break above this resistance will confirm a continuation higher towards 1.6969

Elliott wave analysis of EUR/JPY for August...

Aug 16, 2017Comments off

Wave summary: The clear break above the minor resistance-line near 130.00 is not consistent, with our expectations of a deeper correction towards 125.08. The break