9 Follow 112 Followers
1,117 Popularity
··· 32 Vistors
Move-in date 15 Jun 2018 Joined
position Philippines
birthday 22 Jun Birth

Gold Price Analysis: XAU/USD spikes and retreats post-NFP, vulnerable below $1930 level

Gold faded the post-NFP uptick to $1946-47 region and dropped to session lows. Softer NFP print was offset by a larger-than-expected fall in the unemployment rate. Surging US bond yields, positive US equity futures added to the intraday selling bias. Gold quickly reversed an early North American se

EUR/USD loses the grip and tests 1.1830 post-NFP

EUR/USD keeps the negative stance near the 1.1830/40 area. US Nonfarm Payrolls rose by 1.371M jobs in August. The unemployment rate ticked lower to 8.4% from 10.2%. The apathetic mood around the single currency remains well and sound, with EUR/USD hovering around the 1.1840 region in the wake of th

S&P 500 Index: Corrective phase with key support seen at 3413/3397 – Credit Suisse

The S&P 500 has suffered a sharp setback from the upper end of its “typical” extreme and with the VIX holding a base and US Breakevens retreating from medium-term resistance the threat of finally a correction lower stays seen high, with key support seen at 3413/3397, economists at Credit Suisse

EUR/JPY stays flat near 125.80 ahead of US key data

EUR/JPY moves within a tight range below the 126.00 mark. Global markets extend the pre-Payrolls lull on Friday. The US economy is expected to add 1.4 million jobs in August. EUR/JPY is trading within a narrow range in line with the rest of the global assets as the release of the US labour market r

USD/JPY to rise towards 107.10 on an upbeat NFP report

USD/JPY is stable around 106.20, recovering some ground alongside equities and US Treasury yields. The pair is technically neutral above the 106.00 figure and has room to test 107.10. The focus is on the US Nonfarm Payrolls report and the dollar’s response, FXStreet’s Chief Analyst Valeria Bednarik

AUD/USD extends rebound toward 0.7300 ahead of US jobs report

AUD/USD is staging a rebound after closing the last three days in the red. US Dollar Index posts small daily losses below 93.00. Focus shifts to August Nonfarm Payrolls report from US. The AUD/USD closed the third straight day in the negative territory on Thursday and spent the Asian trading hours

Cryptocurrencies Price Prediction: Bitcoin, Tron and Cardano – European Wrap 4 September

Bitcoin seems poised to fill CME gap at $9,600, but how likely would it be? The flagship cryptocurrency has been on a downward spiral for a couple of days now. The declines commenced just after BTC failed to hold above $12,000 following a breakout earlier this week. BTC/USD succumbed to an increased

Ripple Price Analysis: XRP/USD is not out of woods as long as it stays below $0.31

XRP/USD has recovered from the intraday low amid the improved market sentiments. A strong resistance may limit long-term growth at $0.31. Ripple's XRP regained ground after a severe sell-off to $0.2400 during early Asian hours on Friday. Currently, XRP/USD is changing hands at $0.2640, having gaine

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Last selling cycle before heading to the moon

The market crash can be read as a last stand before the bull run. Market sentiment collapses and shifts in a day from greed to fear. The downward movement could continue until the end of this month. Yesterday's day left us with significant drops along with the crypto board and a radical change in t

US Dollar Index struggles to break above 93.00 post-data

DXY keeps the bid bias unchanged around the 93.00 mark. Initial Claims rose by 881K during last week, beating consensus. US ISM Non-Manufacturing takes centre stage later in the session. The upbeat momentum in the greenback remains well and sound on Thursday, motivating the US Dollar Index (DXY) to

GBP/USD Price Analysis: Seems vulnerable to slide back towards 1.3200 mark

GBP/USD remained depressed for the second straight session and retreated further from YTD tops. The set-up seems to have shifted in favour of bears and supports prospects for additional weakness. Any attempted positive move might confront stiff resistance and remain capped near the 1.3360 region. T

EUR/USD: Upbeat US data provides support for the dollar

US employment-related data beat expectations, hinting an encouraging NFP. The dollar came under mild pressure with the encouraging news, helping EUR/USD to recover to the current 1.1830 price zone after falling to 1.1788 during European trading hours but the risk remains skewed to the downside, acco

USD/JPY retreats modestly from weekly highs, trades around 106.40

USD/JPY touched a fresh weekly high of 106.56 on Thursday. US Dollar Index fell below 93.00 after US data. Focus shifts to Markit and ISM Services PMI data.  The USD/JPY pair rose to its highest level in a week at 106.56 on Thursday but edged slightly lower in the early American session. As of writ

S&P 500 Index opens deep in red, stays above 3,550

S&P 500 goes into consolidation after impressive rally. Investors don't seem to be paying any mind to mixed US data. Technology shares suffer heavy losses and weigh on Nasdaq Composite After posting yet another record daily closing at 3,580 on Wednesday, the S&P 500 Index opened sharply low

EUR/USD trims losses and regains 1.1850 post-US ISM

EUR/USD bounces off multi-day lows near 1.1790. US Initial Claims came in below the 1-million mark. US ISM Non-Manufacturing surprised to the downside in August. After bottoming out in the 1.1790/85 band during early trade, EUR/USD has managed to regain some traction and reclaim the mid-1.1800s at

Pull-up Update