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FxWirePro: Nikkei Daily Outlook

FxWirePro: USD/ZAR moves in stiff boundaries, bias remains neutral

FxWirePro: NZD/USD extends grind along 5-DMA, on track to test 21-EMA, stay long

FxWirePro: USD/CAD trades lower on strong Canadian CPI data, good to sell on rallies

FxWirePro: EUR/CAD fails at 1H 200-SMA, stay short on break below hourly cloud

FxWirePro: USD/CAD trades lower on strong Canadian CPI data, good to sell on rallies

Bitcoin Price Drifts in Sideway Trend as ProShares BTC Futures Based ETF Proposal Under SEC Scrutiny

FxWirePro: Singapore dollar rises gradually against U.S. dollar, stay bearish

FxWirePro: Aussie remains almost unchanged against major peers after RBA’s monetary policy meeting minutes

FxWirePro: Nikkei trades higher on hopes of easing trade tension, good to buy on dips

FxWirePro: BTC/USD extends consolidation, further bullishness only on decisive break above 2h 200-SMA

Bitcoin volatility intensifies as price oscillates between 5.7k- 11.7k on lingering optimism of SEC’s ETF approval – Stay long hedge in CME futures

FxWirePro: EUR/KRW hovers around key resistance at 1,287 mark, consistent close above targets 1,302 mark

FxWirePro: USD/JPY pauses downside at 200-DMA, good to go short on break below

FxWirePro: USD/THB hits fresh 2-month low at 32.72 mark, Thailand’s trade balance data in focus

FxWirePro: Taiwanese dollar rises in early Asia, downside limited

FxWirePro: USD/INR slips below 70.00 mark, short term trend reversal likely

FxWirePro: USD/CAD Trade Idea

Thursday, February 8, 2018 11:30 AM UTC
0
comments
  • USD/CAD continuing its bullishness for fifth consecutive days. The pair jumped almost 360 pips form the low of 1.22472. The jump in prices was mainly due to rise in US 10 year bond yields and declining crude oil prices. The pair hits intraday high at 1.25914 and is currently trading around 1.25930.
     
  • US 10 year bond yield once again sparked till 2.85% after showing a minor decline till 2.74%. The reason for rise in yields is due to increase in inflation and that will increase chance of rising interest rates by Fed.
     
  • Oil prices declined almost 2.5% yesterday and hits one month low on rising US crude stock piles. US crude production hits record high of 10.25 million barrels per day. The commodity hits low of $61.31 and is currently trading around $61.63.
     
  • On the higher side, major resistance is around 1.2600 and any break above will take the pair till 1.2660/1.2700.
     
  • The near term support is around 1.2535 (55- day EMA) and any break below will take the pair till 1.2500/1.2435.

It is good to buy on dips around 1.2575-80 with SL around 1.2535 for the TP of 1.2660/1.2700.

Resistance
 

R1-1.2600
 

R2 -1.2660
 

R3-1.2700
 

Support               
 

S1-1.2530
 

S2-1.2475
 

S3- 1.2435

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2018-08-21 06:14:41
0m
S.AFRICA'S RAND FIRMS MORE THAN 1 PCT TO 14.3750 AS U.S. PRESIDENT TRUMP'S CENTRAL BANK CRITICISM HURT DOLLAR
2018-08-21 06:02:48
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GERMAN BUND FUTURES OPEN 13 TICKS LOWER AT 163.6
2018-08-21 06:01:45
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SWITZERLAND JUL 2018 TRADE DECREASE TO 2255 CHF VS PREV 2559 CHF (REVISED FROM 2591 CHF)
2018-08-21 06:00:12
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TOKYO'S NIKKEI AVERAGE UNOFFICIALLY CLOSES UP 0.09 PCT AT 22,219.73
2018-08-21 06:00:05
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AUSTRALIA'S S&P/ASX 200 INDEX UNOFFICALLY CLOSES DOWN 0.93 PCT AT 6,286.20 POINTS
2018-08-21 05:54:40
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TAIWAN STOCKS CLOSE UP 0.9 PCT AT 10,792.20 POINTS
2018-08-21 05:54:16
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EURO GAINS MORE THAN 0.5 PCT VERSUS DOLLAR
2018-08-21 05:53:56
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AUSTRALIA'S PRIME MINISTER MALCOLM TURNBULL SURVIVES OPPOSITION NO CONFIDENCE MOTION IN PARLIAMENT
2018-08-21 04:42:33
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AUSTRALIAN STOCKS FALL MORE THAN 1 PCT TO 6,279.500, BIGGEST INTRADAY PCT DROP IN 5 MONTHS
2018-08-21 04:30:04
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NETHERLANDS JUN 2018 CONSUMER SPENDING VOLUME INCREASE TO 2.8 % VS PREV 1.9 %
2018-08-21 04:30:03
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NETHERLANDS AUG 2018 CONSUMER CONFIDENCE ADJ DECREASE TO 21 DIFF.IDX VS PREV 23 DIFF.IDX
2018-08-21 03:46:29
0m
INDIA'S BSE INDEX HITS RECORD HIGH IN PRE-OPEN TRADE SURPASSING PREVIOUS MILESTONE ON AUG 20 2018
2018-08-21 03:46:19
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INDIA'S NSE INDEX HITS RECORD HIGH IN PRE-OPEN TRADE SURPASSING PREVIOUS MILESTONE ON AUG 20 2018
2018-08-21 03:36:48
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JAPAN 20-YEAR JGB AUCTION BID-TO-COVER RATIO 4.66
2018-08-21 03:36:38
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JAPAN 20-YEAR JGB AUCTION LOWEST PRICE 98.0500, AVERAGE PRICE 98.1000, BIDS ACCEPTED AT LOWEST PRICE 15.0048 PCT
2018-08-21 03:32:23
0m
INDIAN RUPEE RISES FURTHER TO 69.60/DLR FROM 69.69 AT OPEN
2018-08-21 03:32:08
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INDIA CENBANK SAYS BANKS' CASH BALANCES 4.75 TRLN RUPEES ON AUG 14
2018-08-21 03:31:57
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INDIA CENBANK SAYS BANKS' CASH BALANCES 4.69 TRLN RUPEES ON AUG 13
2018-08-21 03:31:48
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INDIA GOVT SURPLUS CASH BALANCE WITH RBI FOR AUCTION WAS NIL AS ON AUG 20 – CENBANK
2018-08-21 03:31:39
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INDIA CENBANK SAYS AUG 20 REFINANCE 23.88 BLN RUPEES
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Economics Monitor

August 21 06:00 UTC Released

CHTrade

Actual

2255 Mln CH

Forecast

Previous

2591 Mln CH

August 21 04:30 UTC Released

NLConsumer Spending Volume

Actual

2.8 %

Forecast

Previous

1.9 %

January 31 00:00 UTC 291261291261m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 291261291261m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 303081303081m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 291261291261m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 303081303081m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 291261291261m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 291261291261m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 291261291261m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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