USDJPY on stand-by, awaiting news from Syria
The pair remains within tight range in early Europe and looking for fresh direction signals on news from Syria.
Falling thick daily cloud continues to cap upside attempts and weighs, but the downside was so far contained by rising 10SMA…
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GBPUSD remains bid despite reversal signals; 1.42+ extension needed to attract bulls, while return…
Cable holds bid in early Thursday's trading and offsetting so far the risk of reversal, following Wednesday's Doji with long upper shadow, which was formed after strong upside rejection of four-day rally at 1.4222 (20-d upper Bollinger…
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EURUSD in directionless mode on Thursday; mixed daily techs and focus on Syria
The Euro traded within 30-pips range in Asia on Thursday after failing to close above cracked 1.2376 pivot (Fibo 61.8% of 1.2476/1.2215 bear-leg) on Wednesday.
Four-day rally was rejected on approach to psychological 1.2400 barrier and the…
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XAUUSD – bulls remain firmly in play on geopolitical / trade tension
Gold price continues to trend higher and extends advance into fourth straight day on Wednesday, driven by rising safe-haven demand on geopolitical concerns and continuous trade tensions between the US and China.
The yellow metal gained…
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WTI OIL maintains firm bull tone ahead of EIA report / US CPI data
Oil price regained traction and hit new marginally higher two-week high at $65.89 on Wednesday, after brief pullback found footstep at $65.14.Oil price surged on Monday and Tuesday, gaining nearly 6%, on rally from $61.80 through which…
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AUDUSD holds in narrow consolidation after Tuesday’s rally; eyes key 100/200SMA barriers
The Aussie dollar stands at the back foot on Wednesday, consolidating above new recovery highs at 0.7768 after strong bullish acceleration on Tuesday eventually broke above two-week congestion.
Consolidation was so far shallow and…
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USDJPY – thick daily cloud continues to cap and keep the risk of reversal; upbeat US CPI data…
Thick daily cloud continues to limit recovery leg from 104.63 for the fifth consecutive day, with growing risk of stall, as bulls failed to close above cloud base in four consecutive attempts.
loud is spanned between 107.18 and 109.34 and…
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GBPUSD probes above 1.4200 barrier ahead of UK data; upbeat results could spark fresh acceleration…
Cable hit new two-week high above 1.42 barrier in early European trading on Wednesday, extending strong bullish sequence from 1.3965 trough (05 Apr) and looking for full retracement of 1.4244/1.3965 fall.
Daily MA's in positive setup and…
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EURUSD – bulls pressure 1.24 barrier; Draghi / US CPI data in focus
The Euro remains bid on Wednesday and extends bull-leg from 1.2215 base into fourth straight day, probing through cracked pivot at 1.2376 (Fibo 61.8% of 1.2476/1.2215 bear-leg).
Bullish daily techs continue to support as the pair is…
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GBPUSD extends post NFP recovery; looks for bullish signal on strong Friday’s close
Cable accelerated strongly higher after US jobs data and hit one-week high on eventual break above 10SMA (1.4077) and probe through psychological 1.4100 barrier (also 50% retracement of 1.4243/1.3965 descend.
Strong bounce from 30SMA…
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