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USD/CAD to meet ceiling at 1.3360/10
Tue, 31 May 2016 15:23:06 GMT
 
Assuming that a recovery from 1.25 is a bullish correction after this year's massive sell-off from 1.46, the rate is likely to rise 250 pips more before resuming the decline. >>
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AUD/USD probes 200-day SMA
Tue, 31 May 2016 15:12:15 GMT
 
The latest decline from 0.78 has already offset a half of this year's gains and AUD/USD stands ready to go even lower. >>
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NZD/USD marches towards 66 cents
Tue, 31 May 2016 15:01:03 GMT
 
At this very moment NZD/USD is forming a bearish channel, and the pattern together with the majority of technical indicators suggests that the New Zealand Dollar will confirm resistance at >>
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EUR/JPY recovers from 122.50
Tue, 31 May 2016 15:00:49 GMT
 
EUR/JPY keeps respecting the recently stablished up-trend, implying that near-term sell-offs are to be limited by 122.80 yen. >>
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Chicago PMI falls below 50.0 in May
Tue, 31 May 2016 14:43:07 GMT
 
The Chicago area's PMI for the fifth month of the year came out worse-than-expected. The Institute for Supply Management's Chicago Purchasing Managers' Index dropped to 49.3 in May, following April's 50.4 reading and posting >>
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Mood of US shoppers worsens in May
Tue, 31 May 2016 14:32:07 GMT
 
Sentiment among American consumers unexpectedly worsened in May, according to the latest news released on Tuesday. The Index of Consumer Confidence based on the Conference Board's survey dropped to 92.6 during >>
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Paul Rosenberg, Market Analyst at www.economiccalendar.com, on USD/CAD
Tue, 31 May 2016 14:31:13 GMT
 
On the US side, the indicators were mixed last week, as housing data was solid, while durable goods orders came out weak. Besides, GDP posted a lukewarm gain of 0.8%, >>
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Dukascopy Aggregate Technical Indicator Afternoon
Tue, 31 May 2016 14:29:03 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT. >>
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Evening Press Review
Tue, 31 May 2016 14:18:04 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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CAD/CHF 4H Chart: Channel Up
Tue, 31 May 2016 14:07:03 GMT
 
While in the long run the CAD/CHF cross has just confirmed the triangle pattern, in the short-term it is trading to the upside. The pace of growth is expected to >>
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EUR/GBP 1H Chart: Double Bottom
Tue, 31 May 2016 13:56:03 GMT
 
Since the Pound has stagnated in terms of growth against the Euro over the past week, it has therefore formed a double bottom pattern. As a result, we see the >>
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US personal spending grows 1.0% in April
Tue, 31 May 2016 12:59:55 GMT
 
US personal spending rose 1.0% in April, following March's 0.1% result and surpassing the 0.7% forecast. In the meantime, personal income remained unchanged at 0.4%, in line with economists' expectations, whereas >>
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Canada's GDP numbers miss expectations
Tue, 31 May 2016 12:44:51 GMT
 
According to the latest news released on Tuesday, Canada's Gross Domestic Product dropped 0.2% month-on-month in March, following the 0.1% decline seen in February and falling behind the 0.0% market >>
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German unemployment rate drops to 6%
Tue, 31 May 2016 12:44:35 GMT
 
Germany's unadjusted unemployment rate fell to 6% from April's 6.3% reading, the Federal Labour Office announced on Tuesday. Meanwhile, the Euro zone's jobless rate dropped to 10.2% from 11% year-over-year >>
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Community Forecasts for May 30- June 3: USD/JPY 1W Chart
Tue, 31 May 2016 11:39:06 GMT
 
The greenback was trading lower against the Japanese yen on Monday, mostly as a result of an upbeat Japanese trade balance release in April. >>
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