image Daily Statement: USD Firm as Risk Appetite Pushed DOW to Record High (GAINSY Technical Analysis) Strong risk sentiments sent DOW to new record high of 14662 overnight and helped dollar strengthened broadly. Main focus will turn to job and ...

GAINSY Hottest Forecasts

(GAINSY Ichimoku Analysis) image Forex Signal Update: EUR/USD – Hold long entered at 1.2790 Despite intra-day decline to 1.2790, as the single currency has recoiled after finding support there, retaining our consolidative view and test of the ...

GAINSY Hottest Forecasts

(GAINSY Ichimoku Analysis) image Forex Signal Wrap-up: USD/JPY – Sell at 94.35 USD's strong recoil after intra-day initial fall to 92.57 suggests a temporary low is formed there and with Tenkan-Sen crossing above the Kijun-Sen, suggesting near ...

GAINSY Hottest Forecasts

image Intraday Statement: Sterling Tumbles on Weak Data, Euro Turns Soft (GAINSY Technical Analysis) Sterling drops sharply in European session after a string of weak economic data. The PMI manufacturing rose slightly to 48.3 in February but it ...

GAINSY Hottest Forecasts

image Forex Signal Update: GBP/USD – Sell at 1.5180 (GAINSY Ichimoku Analysis) As intra-day decline from 1.5259 has gathered momentum, adding credence to our view that recoil from 1.5092 has ended at 1.5259 and near term downside bias remains ...

GAINSY Hottest Forecasts

(GAINSY Fundamental Analysis) image Euro-Zone Contraction Deepens As the Easter holidays come to the end, the heavy economic calendar should provide some direction to the FX markets in the coming days. On April 3-4th, the Board Policy Meeting in ...

GAINSY Hottest Forecasts

(GAINSY Fundamental Analysis) image Profit Taking On USD Longs The dollar fell prey of some profit taking across the board as the US ISM of the manufacturing sector was weaker than expected. Some euro short-covering helped the euro, too. EUR/USD ...

GAINSY Hottest Forecasts

(GAINSY Fundamental Analysis) image Euro Well Supported Ahead Of PMI Data The risk appetite remained mitigated overnight before the official Easter Holidays came to its end in Europe and the talks between Cypriot officials, EU and IMF restart ...

GAINSY Hottest Forecasts

image Daily Statement: USD Weighed Down by Data, Aussie Stronger after RBA (GAINSY Technical Analysis) USD is still feeling the weight from yesterday's ISM manufacturing index as it remains broadly soft. In particular, there is some more profit ...

GAINSY Hottest Forecasts

(GAINSY Elliott Wave Analysis) image Elliott Wave Forecast: AUD/USD – Buy at 1.0410 Despite yesterday’s brief fall to 1.0386, the subsequent recoil suggests the pullbhack from 1.0497 (last bank week's high) has ended and test of this level would ...

GAINSY Hottest Forecasts

(GAINSY Ichimoku Analysis) image Forex Signal Update: USD/JPY – Sell at 94.05 Despite intra-day initial fall to 92.57, as the greenback has recoiled in part due to cross-trading, suggesting consolidation above this level would be seen and recovery ...

GAINSY Hottest Forecasts

(GAINSY Fundamental Analysis) image USD/JPY: BoJ Governor Reaffirms To Attain 2% Inflation In Two Years, JPY Trading Higher This Morning The pair is expected to find support at 92.17, and a fall through could take it to the next support level of ...

GAINSY Hottest Forecasts

(GAINSY Fundamental Analysis) image RBA Keep Its 3% Interest Rate Unchanged In April The Reserve Bank of Australia and its board members decided today to keep the nation’s cash rate unchanged in April amid the recent suitable economic environment ...

GAINSY Hottest Forecasts

(GAINSY Fundamental Analysis) image USDJPY Breaks Uptrend, Headed Lower. AUD Awaits RBA Stocks were lower in the US overnight after some data printed weaker than expected and the fact that stocks held in as well as they did is testament to the ...

GAINSY Hottest Forecasts

image RBA Remains Dovish, Leaving Cash Rate At Record Low Of 3% (GAINSY Technical Analysis) As expected, the RBA left the cash rate unchanged at 3% in April. Policymakers stated that the current economic conditions justified leaving interest rates ...

GAINSY Hottest Forecasts

(GAINSY Ichimoku Analysis) image Forex Signal: USD/JPY – Sell at 94.05 USD’s selloff after fractureing previous support at 93.50 signals the decline from 96.71 top is still in progress and further weakness to 92.50 would be seen, however, near ...

GAINSY Hottest Forecasts

(GAINSY Ichimoku Analysis) image Forex Signal Wrap-up: USD/JPY – Sell at 94.05 As the greenback has fallen again after intra-day brief recovery tot he Kijun-Sen, suggesting the decline from 96.71 top is still in progress and further weakness to ...

GAINSY Hottest Forecasts

image Elliott Wave Forecast: EUR/GBP – Buy at 0.8405 (GAINSY Elliott Wave Analysis) Euro’s intra-day fall to 0.8412 suggests near term downside risk remains for the c leg of the wave iv to bring correction of recent upmove towards 0.8400 before ...

GAINSY Hottest Forecasts

image USD Weakens Broadly on ISM Disappointment (GAINSY Technical Analysis) USD Weakens in early US session as markets were surprised by weaker than expected manufacturing data from US. The ISM manufacturing index decreased to 51.3 in March, ...

GAINSY Hottest Forecasts

(GAINSY Fundamental Analysis) image EURO: Is It Too Late For Holiday Surprises? There are no real surprises on this Easter Monday with global sentiment still very risk-off. Asian markets were lower on light volume on their first trading day of the ...

GAINSY Hottest Forecasts