Currently 1.1831 after 1.1847 highsSome general USD demand helping to cap into 1.1850 where I highighted offers yesterdayGerman and EZ PMIs to come shortly then ECB Minutes later Offers: 1.1850 1.1880 1.1900 1.1920 1.1950 Bids: 1.1800 1.1780 1.1750 1.1720 1.1700
Currently 111.12 still on the back footI remain a rally seller and playing with core shorts.Demand nearby though. Large expiries at 111.85 should help cap if we get any where near Offers: 111.50 111.85 112.00 112.30 112.50 Bids: 111.00 110.80 110.65 110.50 110.30
France Markit Nov PMI flash data now out 23 Nov 56.1 prev services 60.2 vs 57.0 exp vs 57.3 prev composite 60.1 vs 57.2 exp vs 57.4 prev 6 1/2 year high for composite Decent readings sees EURUSD up to 1.1842 session highs. EURGBP up to 0.8895 pushing cable down to 1.3312 Growth in the […]
France Nov confidence data 23 Nov 111 prev business conf 111 vs 109 exp/prev production outlook 31 vs 33 exp vs 30 prev down from 31 own-company production outlook 16 vs 17 Not fx price moving data. Posting for
Here’s the latest on today’s notable expiries for the 10.00 EST cut 23 Nov EURUSD: 1.1775 (EUR 495m) 1.1785 (950m) 1.1875-80 (375m) USDJPY: 110.70 (USD 585m) 111.00 (520m) 111.65 (325m) 111.85-90 (1.05bln) 113.00(390m) 113.50 (335m) 114.00 (495m) GBPUSD: Ntg of note EURGBP: 0.8670(EUR 310m) AUDUSD: Ntg of note NZDUSD: 0.6785 (NZD 405m) 0.6850 (632m) Remember that these are «vanilla» […]
Last minute burning forecast 23.11.2017 EURUSD: Path upwards. Buy from the kickbacks. On Wednesday, important news emerged: data on orders for durable goods in the US declined moderately — against the dollar. Late in the evening, a report came out from the last meeting of the Fed — no signals to accelerate the rate hike. […]
USD/JPY is expected to trade with a bullish outlook. The pair posted a rebound from 111.90 and broke above its 20-period and 50-period moving averages. In addition, a bullish cross between the 20-period and 50-period moving average has been identified. The relative strength index is bullish, calling for a further upside. Hence, above 112.20, look […]
CHF has been quite impulsive with the gains over USD recently which lead the price to reside in the support area between 0.9770 to 0.9860. Due to recent worse economic reports of USD and Dovish FOMC Meeting outcome USD has suffered the weakness against CHF after having a good bullish momentum lately. FED has been […]
USD/CHF is under pressure and expected to trade with bearish outlook as key resistance is at 0.9870. Despite the recent rebound from 0.9800, the pair is still trading below its declining 20-period and 50-period moving averages. The relative strength index is below its neutrality level at 50. Even though a continuation of the technical rebound […]
After a long bearish trend in place, NZD/USD has been quite bullish this week which lead to certain gain on the upside breaching above 0.6850 level with a daily close. USD has been quite mixed with the economic reports recently which lead to certain weakness against NZD but today worse economic reports of NZD put […]