Xtreamforex Asia FX news wrap: China official PMIs plunge a little
Xtreamforex Asia FX news wrap: China official PMIs plunge a little It was another meeting of quieted ranges for major forex rates as Asia appeared to be content to anticipate Friday’s US nonfarm finance figures. News stream was light even though we got some information focuses, outstandingly: Japanese mechanical creation fell on the month, its […]
Xtreamforex Asia FX news wrap: USD and yen inch higher
Xtreamforex Asia FX news wrap: USD and yen inch higher It’s anything but a curbed range meeting for major FX rates and even Bitcoin with light news and information stream as it were. In any case, there were a couple of things of interest. Late in the US day, a large number of banks declared […]
Xtreamforex news wrap: Mixed bag but the USD generally a touch stronger
Xtreamforex news wrap: Mixed bag but the USD generally a touch stronger Blended outcomes across major FX rates today yet described in a rundown by a marginally more grounded US dollar on somewhat firmer US yields. The early exchange saw link acquire some ground and the AUD uneven yet bring down a couple of […]
Xtreamforex Asia FX news wrap: USD/JPY higher into the Tokyo fix then drift back
Xtreamforex Asia FX news wrap: USD/JPY higher into the Tokyo fix then drift back USD/JPY was taken higher into the Tokyo fix today, with market highs falling barely short of 111.00. Since the fixing, the rate has floated a couple of focuses lower. Generally, the reach has been little. EUR/USD has additionally seen a […]
EUR/USD: Prints bearish banner on 4H above 1.1900
EUR/USD: Prints bearish banner on 4H above 1.1900 Generally, EUR/USD is moving downwards. As of late, EUR/USD skipped off the resistance zone of 1.19700. The EUR/USD pair is somewhat bullish in the close term The French glimmer PMI information delivered yesterday demonstrated the extension of business exercises in the midst of the lifting of lockdown […]
Xtreamforex Asia News Wrap: Some minor advancement on foundation talks
Xtreamforex Asia News Wrap: Some minor advancement on foundation talks Major forex was minimal changed during the meeting here in Asia. Significant monetary standards have followed barely sideways, the CHF has debilitated a couple of focuses The lone information on the note was on US framework arrangements. A bipartisan gathering of congresspersons says they have […]
Technical Market update 23th June
Technical Market update 23rd June EUR/USD Generally speaking, EUR/USD is moving downwards. The eurozone Consumer Confidence information delivered yesterday demonstrated a slight decrease in the level of the negativity of the overviewed buyers on the eurozone economy. European Central Bank President Lagarde will be talking tomorrow at 0000 (GMT+8). During this time, there might be […]
Xtreamforex news wrap: BTC and USD higher in Asia time
Xtreamforex news wrap: BTC and USD higher in Asia time Australia and New Zealand forced more tight Covid related limitations in Sydney and Wellington. Bitcoin added to its bob from its concise plunge under US$29K to a high of more than $34K during the timezone here today. EUR/USD, AUD/USD, NZD/USD, and link are altogether off […]
TECHNICAL UPDATE 21TH JUNE
TECHNICAL UPDATE 21TH JUNE EUR/USD In general, EUR/USD is moving downwards. As of late, EUR/USD broke beneath the critical resistance of 1.19. European Central Bank President Lagarde will be talking later in 2030 (GMT+8). Likewise, she will affirm before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these occasions, there might […]
QUICK MARKET UPDATE 16th June
QUICK MARKET UPDATE 16th JUNE EUR/USD has ticked a couple of focuses lower, and the USD likewise exchanged somewhat higher against the yen and CHF. The link is scarcely changed, as is USD/CAD. Both the Australian and New Zealand dollars added a couple of focuses against the US dollar. If it’s not too much trouble, […]
Technical Market Analysis 16th June
Technical Market Analysis 16th June EUR/USD Generally, EUR/USD is running across. As of late, EUR/USD bobbed off the opposition zone of 1.21500. EUR/USD’s next support zone is at 1.19700 and the following obstruction zone is at 1.21500. Search for momentary selling chances of EUR/USD up until the U.S. FOMC meeting tomorrow at 0200 (GMT+8). The […]
QUICK MARKET WRAP
QUICK MARKET WRAP The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all […]
QUICK MARKET WRAP
QUICK MARKET WRAP 14th JUNE Major FX traded during a subdued fashion during the opening session to the week here in Asia. USD/JPY tested towards its US (Friday) high above 109.80 but thus far has not carried on higher from there. EUR, CHF, GBP, AUD, NZD, CAD are all little changed from their late Friday […]
Technical Market update 14th June
Technical Market update 14th June EUR/USD Recently the pair broke the support zone of 1.21500. Initial bias is now on the downside within the week for 1.1985 support first. Break there’ll confirm that the consolidation pattern from 1.2348 has started the third leg. A deeper fall would then be seen back to 1.1703 support. On […]
Quick Market Wrap
Quick Market Wrap It’s been a day of small ranges across major forex pairs with a mixed performance against the Dollar. The EURUSD is a few pips higher, As is GBPUSD, while a change has been seen in AUD and NZD so far this session. USDJPY is fewer points lower. Still to come, Bank of […]
Technical update 9th June
Technical update 9th June EUR/USD Currently, the pair is moving towards the support zone of 1.21500 and the next resistance is at 1.23200. The Eurozone and German ZEW economic sentiments data released yesterday indicated a decline in the level from the surveyed investors. Look for buying opportunities of EUR/USD if it bounces up from […]
TECHNICAL OVERVIEW
TECHNICAL OVERVIEW EUR/USD EUR/USD recently broke the level of 1.22. trending upwards. The currency pair is moving towards the support zone of 1.21500 and the next resistance zone is at 1.23200. Look for buying opportunities for the pair if it bounces up the support zone of 1.21500. the previous day, mainly on US Dollar, rebound […]
Quick Perspective for the Day
Quick Perspective for the Day The main highlight will be the Central Bank watch Global yields have dropped along with commodity prices, restraining the trio of Australian, Canadian, and New Zealand Dollars At most a hawkish tone concerning the housing market, the May RBNZ meeting is unlikely to produce any meaningful changes. There is […]