s1  1.04293                       R1 1.10816                     Prev Close: 1.1039 Current rate – 1.1080 0.0041                         Open: 1.1043   Advertisements


Positive corelation between ; NZD/USD and XAU/USD. As we seen the derivates sliding down as well and today, the Kiwi dollar is drawing down legs like a partner with the gold. Bias: Bearish Possible short. Prev Close: 0.6563 Open: 0.6560 Bid: 0.6509 Ask: 0.6510 Day’s Range: 0.6493 – 0.6561 52wk Range: 0.6164 – 0.7946   … More NZD/USD | XAU/USD


  Before then, we have an abnormal week ahead of us, with the US Thanksgiving Day holiday on Thursday, shuttering US bond and equities markets and leaving markets lacking liquidity all the while. In recent years, as is typical, the low liquidity conditions have led to sporadic price movements. These choppy conditions can prove to … More EUR/AUD; TECHNICAL 4H

GBP/JPY Technical Analysis: From One Trend to Another

  On the 4-hour chart below, we can see near-term support off of the 186-region. Traders can look to place stops below the 38.2% Fibonacci retracement of this most recent move around 185.50, with top-side targets at 186.38 (the 61.8% retracement of that same move), 186.87 (the 76.4% retracement), and then 187.50 (major psychological level, … More GBP/JPY Technical Analysis: From One Trend to Another


We think commodities will have another big leg down, all the metals and oil, another big leg down — so the terms of trade story continues to deteriorate” for Australia  -Said London-based Farrington, the managing partner at Macro Currency. Australia’s dollar has already dropped more than 30 percent from a record high reached in 2011 as … More AUD/USD AUSSIE and CCI


Technical Outlooks For USD/JPY – SEB technical forecast for USD/JPY for telling the following: ‘below 122.65/45 would target 121.60’. It means that SEB is predicting the price to be bounced from Fibo resistance level at 123.63 with 23.6% Fibo target at 121.86. Anyway, there are the following scenarios for the price movement concerning the key … More USD/JPY TECHNICAL 4H

AUD/USD 4HR ; Australian Dollar Little Changed as Chinese CPI Hits a 6 Month Low

The Australian Dollar offered a stifled response to the round of October Chinese inflation figures that crossed the wires Tuesday morning. The consumer price index (CPI) came in at a 1.3 percent year-over-year increase in October compared to the 1.5 percent pace estimated by economists. This is the lowest CPI reading in six months. At … More AUD/USD 4HR ; Australian Dollar Little Changed as Chinese CPI Hits a 6 Month Low


The AUDCAD is working on its fourth month of trading inside of a 340 pip range. As seen above, price has recently traded off of resistance near .9740, which coincides with its May 2015 high. Previous moves from this point of resistance, have pointed price towards support near .9400. If range bound conditions continue, traders … More AUD/CAD 4H