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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EURUSD rises on NFP miss and trade war fears but key barriers still intact
The Euro bounced from dangerous territory (session low at 1.2215 is new five-week low) after US NFP data disappointed expectations, with dollar being additionally pressured by renewed fears of trade war escalation.
US President Trump…
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USDCAD – Loonie rises further on strong Canadian and disappointing US jobs data
The pair fell after data and hit new nearly six-weeks low at 1.2733 after US NFP disappointed at 103K in March, showing the lowest creation of jobs in six months, while unemployment rate remained unchanged at 4.1%, missing forecast at 4.0%.…
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USDTRY hits new record highs on news that CB is preparing plan to lower interest rates
The Turkish lira hit new record high at 4.0657 on Friday, in extension of previous day’s strong fall, with signals that lira could weaken further.
Fears among investors rose after news that Turkish government works on measures to lower…
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GBPUSD – tight consolidation after bearish outside day eyes further signals from US jobs data
Cable holds in tight consolidation around 1.40 handle on Friday after previous day’s strong fall which dented key 1.40 support zone but failed to close below.
Sideways mode today could be see as consolidation ahead of fresh downside, as…
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EURUSD – bearish tone dominates ahead of US jobs data
The Euro remains under pressure on Friday and hit new five-week low on probe below Thursday’s low at 1.2218.
Fresh extension lower looks for close below 1.2240/30 pivots (higher base / Fibo 76.4% of 1.2154/1.2476) after Thursday’s dip…
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USDJPY – bulls continue to pressure key barriers ahead of US jobs data
The pair regained traction and is pressuring daily cloud base again after dipping to 107 in early Asian trading on Friday, as US President Trump shook the markets by threats for additional tariffs on China.
The impact on the pair from…
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