Tuesday, January 5, 2016

Nikkei 225 Technical Analysis: Test 18,000 or Pullback to Neckline?

Nikkei 225 Technical Analysis: Test 18,000 or Pullback to Neckline?


Nikkei 225 Technical Analysis: Test 18,000 or Pullback to Neckline?

Posted: 05 Jan 2016 07:50 PM PST

Nikkei 225 comes close to 18,000 following risk-selling in Asia. Failure to break this would retain chances of a pullback to the neckline

AUD/USD Falls As China Weakens Yuan to Lowest Point in 5 Years

Posted: 05 Jan 2016 07:38 PM PST

The Australian Dollar declined against its US counterpart as China lowered the Yuan reference rate to its lowest level in 5 years and as the nation’s PMI figures crossed the wires.

NZD/USD Sinks as Dairy Auction Boosts RBNZ Rate Cut Bets

Posted: 05 Jan 2016 06:22 PM PST

The New Zealand Dollar fell against its US counterpart after the first dairy auction of 2016 likely increased RBNZ rate cut bets.

NZD/JPY Testing Support- Outlook Remains Bearish Sub-81.40

Posted: 05 Jan 2016 12:47 PM PST

NZDJPY has broken a multi-month formation with the decline now testing initial support. Here are the updated targets & invalidation levels that matter.

EUR/JPY Technical Analysis: A Major Downside Break Has Occured

Posted: 05 Jan 2016 12:43 PM PST

While much of the world waits for a major correction to take place, the ground is shifting beneath our feet in the FX space.

WTI Crude Oil Price Forecast: Pivotal $38/bbl Is Firm Resistance

Posted: 05 Jan 2016 11:25 AM PST

Crude Oil Fails At Pivotal Juncture On Price Chart Showing 7-Year Extremes Could Soon Be Tested.

China’s Central Bank Aggressively Injects Liquidity to Ease Market Fears

Posted: 05 Jan 2016 11:15 AM PST

China's central bank responded to recent market turmoil by injecting liquidity into financial markets, and it's clear that Chinese officials will do everything in their power to avoid further volatility.

USD/CAD Technical Analysis: Strong Demand Seen Through Pivotal 1.4000

Posted: 05 Jan 2016 10:00 AM PST

USDCAD broke out of the 1.38/1.40 range it has been trapped in for three weeks with a decisive move above 1.4000. Here are the levels in focus now.

GBP/USD Retail FX Remains Net-Long; DailyFX SSI Sits at Extreme

Posted: 05 Jan 2016 09:55 AM PST

The retail FX crowd remains net-long GBP/USD and appears to be fading the near-term decline despite the trending market.

Price & Time: EURUSD - Still In No Man’s Land?

Posted: 05 Jan 2016 06:50 AM PST

EUR/USD stuck between two key long-term levels. Break needed to trigger next important directional trend.

China Securities Regulator Guarantees No Extended Sell-off in January

Posted: 05 Jan 2016 06:30 AM PST

China’s securities regulator faced heated questions after the domestic stock market sold off sharply on the first full trading day of the year. Yet regulators made clear they would not allow bigger moves to occur.

EUR/USD Again Threatens to Breakout Lower

Posted: 05 Jan 2016 06:30 AM PST

The EUR/USD is attempting to break lower for the third straight trading session this morning.

The Economic World’s Pressure Points: China and Europe

Posted: 05 Jan 2016 06:28 AM PST

The world has opened the new year with a new reality: The Fed is tightening and this pressure will be felt around-the-world.

Silver Prices Gain, But Outlook Remains Bearish

Posted: 05 Jan 2016 05:40 AM PST

Silver prices are slightly higher today, but price remains range bound and the bigger picture of a downward trend is still intact.

USDOLLAR Bull Flag Breakout Hinges on FOMC Minutes, NFPs

Posted: 05 Jan 2016 04:13 AM PST

Weak economic data from across the globe - particularly China and the Euro-Zone - has the US Dollar on stronger footing ahead of key event risk this week.

EUR/USD Little Changed After Lower Than Expected December CPI Figures

Posted: 05 Jan 2016 02:50 AM PST

The Euro was little changed versus the US Dollar after today's CPI data remained unchanged, as the market sold in anticipation

FTSE 100 Turns Bullish On a Break To 6169

Posted: 05 Jan 2016 02:47 AM PST

The DAX 30 Is Oversold, But The Bias Is Still Bearish

Posted: 05 Jan 2016 01:19 AM PST

The DAX remains under pressure and might try to reach the December swing low of 10,121 over the next few days.

USD/CNH Technical Analysis: Yuan Drops to Five-Year Low

Posted: 04 Jan 2016 09:34 PM PST

The US Dollar resumed its advance after a brief period of consolidation, rising to the highest level since January 2011 against the Chinese Yuan in offshore trade.

NZD/USD Technical Analysis: Looking to Sell Above 0.68

Posted: 04 Jan 2016 08:44 PM PST

The New Zealand Dollar looks to have set a double top below the 0.69 figure against its US namesake after putting in a Bearish Engulfing candlestick pattern.

Euro, British Pound May Fall on Soft Eurozone Inflation Data

Posted: 04 Jan 2016 08:13 PM PST

The Euro and the British Pound may decline if soft Eurozone CPI figures hint the ECB may be forced to expand its monetary stimulus efforts.

No comments:

Post a Comment