- Fri, 06 May 2016 08:07:33 GMT
GBP/USD risks stabilising under 1.45
The share of purchase orders surged from 48 to 53% 61% of traders are now long the Pound The weekly PP forms resistance at 1.4563 Support is around 1.4440, represented by the weekly S1, the monthly PP and the 20-day SMA 63% of traders reckon GBP/USD will be at 1.44 or higher in three months Upcoming events: US Average Hourly Earnings, US Non-Farm Payrolls,
- Fri, 06 May 2016 07:24:11 GMT
Gold: second attempt to cross weekly PP fails
68% of all SWFX positions are short (71% on May 5) Second fail to violate weekly PP at 1,272.92 decreases downside risks even further Daily and next week's technical signals are bullish Economic events to watch over the next 24 hours: US Non-Farm Employment Change, Average Hourly Earnings and Unemployment Rate (Apr); Canadian Ivey PMI (Apr), Employment Change (Apr) and Unemployment Rate (Apr) [ANNOUNCE]Oil
- Fri, 06 May 2016 07:16:35 GMT
EUR/USD to approach weekly/monthly PPs
53% of all SWFX market positions are short, down from 59% yesterday Pending orders are broadly mixed on EUR/USD Key support lies at 1.1376 (weekly/monthly PPs/20-day SMA), now just 28 pips below the spot Both daily and weekly technical indicators are giving signals to buy EUR Economic events to watch over the next 24 hours: US Non-Farm Employment Change, Average Hourly Earnings and Unemployment
- Thu, 05 May 2016 08:51:58 GMT
USD/JPY struggles to retake 107.00
The portion of orders to purchase the US Dollar increased from 46 to 58% 71% of traders hold long positions The 20-day SMA, the weekly and the monthly PPs around 108.50 represent immediate resistance Support is around 105.40 61% of the survey participants expect the US Dollar to cost more than 114 yen in three months Upcoming events: US Initial Jobless Claims, US Average Hourly
- Thu, 05 May 2016 08:51:35 GMT
GBP/USD on the edge of falling under 1.45
The portion of orders to acquire the British currency takes up 48% of the market 58% of all open positions are now long The weekly PP forms resistance at 1.4563 Support is around 1.4440, represented by the weekly S1 and the monthly PP 60% of traders reckon GBP/USD will be at 1.44 or higher in three months Upcoming events: UK Services PMI, US
- Thu, 05 May 2016 06:20:35 GMT
Gold fails at weekly PP, forced to rebound
71% of all SWFX positions are short, up from 61% yesterday Inability to breach weekly PP at 1,272.92 decreases downside risks Daily technical indicators remain undecided Economic events to watch over the next 24 hours: US Unemployment Claims; ECB Vice-President Constancio Speaks; FOMC Members Bullard, Lockhart, Kaplan and Williams Speak; UK Services PMI (Apr); Canadian Building Permits (Mar) [ANNOUNCE]Natural gas continued to greatly diverge
- Thu, 05 May 2016 06:20:17 GMT
EUR/USD weakens despite soft ADP data
59% of all SWFX market positions are short Pending orders are minimally biased in bearish favour Key support lies at 1.1376 (weekly/monthly PPs/20-day SMA), more than 100 pips under the spot Daily technical indicators continue to be mixed Economic events to watch over the next 24 hours: US Unemployment Claims; ECB Vice-President Constancio Speaks; FOMC Members Bullard, Lockhart, Kaplan and Williams Speak [ANNOUNCE]The European single
- Wed, 04 May 2016 08:32:36 GMT
USD/JPY continues to climb higher
The portion of buy orders plunged from 72 to 46% 71% of traders hold long positions The 20-day SMA, the weekly and the monthly PPs around 106.50 represent immediate resistance Support is around 105.40 66% of the survey participants expect the US Dollar to cost more than 114 yen in three months Upcoming events: US ADP Non-Farm Employment Change, US Preliminary Nonfarm Productivity and Unit
- Wed, 04 May 2016 08:07:28 GMT
GBP/USD attempts to retake 1.46
The portion of buy orders edged lower from 51 to 47% Traders' sentiment takes up 54% of the market The weekly PP forms resistance at 1.4563 Support is around 1.4440, represented by the weekly S1 and the monthly PP 62% of traders reckon GBP/USD will be at 1.44 or higher in three months Upcoming events: UK Construction PMI, US ADP Non-Farm Employment Change, US
- Wed, 04 May 2016 06:33:44 GMT
Gold eases for first time in seven days
61% of all SWFX positions are short Losses risk extending on Dollar's rebound; weekly PP at 1,272.92 is first to offer support Daily technical indicators remain undecided Economic events to watch over the next 24 hours: Euro zone Services PMI (Apr) and Retail Sales (Mar); Spanish Unemployment Change (Apr); US ADP Employment Change (Apr), Trade Balance (Mar), Unit Labour Costs (Q1), ISM Non-Manufacturing
- Wed, 04 May 2016 06:33:02 GMT
EUR/USD plunges after testing 1.16
60% of all SWFX market positions are short Pending orders are also predominantly bearish on the pair Key support lies at 1.1376 (weekly/monthly PPs), more than 100 pips under the spot Daily technical indicators are mixed Economic events to watch over the next 24 hours: Euro zone Services PMI (Apr) and Retail Sales (Mar); Spanish Unemployment Change (Apr); US ADP Employment Change (Apr), Trade
- Tue, 03 May 2016 08:23:25 GMT
USD/JPY puts 106.00 to the test
The share of buy orders surged from 45 to 72% 72% of traders hold long positions The 20-day SMA, the weekly and the monthly PPs around 106.60 represents immediate resistance Support is around 105.74 65% of the survey participants expect the US Dollar to cost more than 114 yen in three months Upcoming events: FOMC Member Mester Speaks, US ADP Non-Farm Employment Change, US Preliminary
- Tue, 03 May 2016 07:43:50 GMT
GBP/USD takes another shot at retaking 1.47
The portion of orders to purchase the Pound increased from 44 to 51% Bears keep outnumbering the bulls by four percentage points The weekly PP forms support at 1.4563 Resistance is around 1.4740, represented by the Bollinger band and the weekly R1 61% of traders reckon GBP/USD will be at 1.44 or higher in three months Upcoming events: UK Manufacturing PMI, FOMC Member Mester
- Tue, 03 May 2016 06:31:45 GMT
Gold at risk of losing steam as 1,300 mark fails
57% of all SWFX positions are short, down from 67% yesterday Long traders keep setting eye on 2015 high at 1,307.06 where heavier bearish impetus is expected Daily technical indicators are no longer giving signals to buy gold, as they became mixed Economic events to watch over the next 24 hours: FOMC Members Mester and Lockhart speak; UK Manufacturing PMI (Apr); New Zealand
- Tue, 03 May 2016 06:31:25 GMT
EUR/USD surges past 1.15, stopped by W/M R1
63% of all SWFX market positions are short, the highest number in three months 52% of 100-pip pending orders are short, while 50-pip commands are similarly long Pair to encounter its closest Tuesday resistance at 1.1538 (monthly and weekly R1s) Daily MACD, Stochastic and CCI indicators are offering "sell" signals for EUR/USD Economic events to watch over the next 24 hours: FOMC Members Mester
- Mon, 02 May 2016 07:32:41 GMT
USD/JPY under the risk of slumping under 106.00
55% of all open orders are to sell the American Dollar 72% of traders holding long positions today The Bollinger band around 106.25 represents immediate resistance Support is around 104.30 66% of the survey participants expect the US Dollar to cost more than 114 yen in three months Upcoming events: US Markit Manufacturing PMI, US ISM Manufacturing PMI, US Construction Spending [ANNOUNCE]The US Dollar's performance
- Mon, 02 May 2016 07:32:36 GMT
GBP/USD attempts to climb over 1.46
The portion of orders to sell the Pound edged lower from 65 to 56% 52% of all open positions are short The weekly PP forms support at 1.4563 Resistance is around 1.4710, represented by the Bollinger band and the weekly R1 59% of traders reckon GBP/USD will be at 1.44 or higher in three months Upcoming events: US Markit Manufacturing PMI, US ISM
- Mon, 02 May 2016 06:23:36 GMT
Gold at 15-month peak as haven demand surges
67% of all SWFX positions are short (64% on Friday) Long traders are setting eye on 2015 high at 1,307.06 where heavier bearish impetus is expected Both daily and weekly technical indicators are pointing to the upside Economic events to watch over the next 24 hours: Euro zone Final Manufacturing PMI (Apr); Bundesbank President Weidmann Speaks; US ISM Manufacturing PMI (Apr); ECB President
- Mon, 02 May 2016 06:23:06 GMT
EUR/USD to tackle April high amid rally
60% of all SWFX market positions are short 55% of 100-pip pending orders remain long, while 50-pip commands are neutral Pair is facing important horizontal resistance at 1.1468, backed by April high three pips lower Daily MACD, Stochastic and CCI indicators are offering "sell" signals for EUR/USD Economic events to watch over the next 24 hours: Euro zone Final Manufacturing PMI (Apr); Bundesbank President