|Apr 23 22:04 GMT|
Fundamental Analysis Reports
USD/CAD - Flat As Canadian Retail Sales Slip
Apr 23 15:18 GMT, by
The Canadian dollar continues to have an uneventful week as USD/CAD trades in the mid-1.10 range in Wednesday's North American session. Canadian retail sales numbers dropped in March, but did matched...
US New Home Sales Plunged in March to an Eight-Month Low
Apr 23 15:15 GMT, by
Sales of new single-family homes in the US fell 14.5% to an annualized 384,000 units in March 2014, which was the lowest level of sales since July 2013. On a positive note, sales were revised upward ...
Canadian Retail Sales Rise again in February
Apr 23 15:14 GMT, by
Nominal retail sales in February 2013 rose an expected 0.5% in the month. This built further onto a 0.9% jump in January although represented a downward revision from a previously estimated increase ...
GBP/USD - Pound Dips After BOE Minutes
Apr 23 14:52 GMT, by
GBP/USD has reversed directions on Wednesday, dipping below the 1.68 line. In UK releases, the BOE minutes from its last policy meeting pointed to disagreements over the economy. Public Sector Net Bo...
AUD/USD - Aussie Tumbles On Disappointing CPI
Apr 23 13:55 GMT, by
AUD/USD has registered sharp drops on Wednesday, as the pair trades in the mid-0.92 range early in the North American session. The Aussie has lost about 100 points following a weak Australian CPI rel...
S&P Testing Key Resistance Level; Break above Could See Index Hit Fresh All-Time Highs
Apr 23 13:38 GMT, by
The S&P 500 looks set to open lower today. Given that this morning's earnings results have been mostly better than expected and the fact that there was some mixed-bag data from Asia and Europe ov...
Technical Analysis Reports
EUR/AUD Major Beneficiary of Wednesday's Data Releases; More Gains Possible
Apr 23 15:12 GMT, by
The results of the April eurozone purchasing managers' indices surveys were released this morning and on balance they have been better than expected. The headline eurozone services sector PMI rose to...
Dow Jones - Technical Outlook
Apr 23 13:40 GMT, by
On Tuesday, the Dow Jones Industrial Average (DJIA30) closed off session highs but still managed to rise by 65 points, extending its gains from the previous week. In doing so the index nearly tested ...
USDJPY - Sells Off, Target Additional Weakness
Apr 23 11:10 GMT, by
USDJPY - With USDJPY breaking out of consolidation to the downside, there is risk of further weakness. Support lies at the 102.00 level with a breach of here targeting the 101.32 level where a violat...
Forex Technical Analysis
Apr 23 11:00 GMT, by
Although the pair is till capped below 1.3836 dynamic resistance and the downtrend from 1.3904 is intact, my outlook is bullish, for a break trough the crucial resistance at 1.3863, en route to 1.396...
Dollar/Yen Strength Ebbs On Steady Euro Zone PMIs
Apr 23 10:18 GMT, by
On Tuesday Dollar/Yen traded within narrow 30 pip range. The currency couple depreciated from 102.73 to 102.40 yesterday, matching the negative money flow sentiment at nearly -10%, closing the day at...
Technical Analysis for Major Currencies
Apr 23 09:30 GMT, by
The pair is trading weakly as the technical catalysts didn't change since yesterday, whereas the pair is stable above 38.2% correction at 1.3780 levels showing on graph. Stability above the referred ...
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Long Term Forecasts
AUD/USD - 2013 In Review
Jan 02 02:25 GMT, by
The Australian dollar is known for its strong volatility, and taking traders on roller coaster ride...
USD/CAD - 2013 In Review
Jan 02 02:23 GMT, by
The Canadian dollar looked sharp as we began 2013, but struggled badly late in the year, as the cur...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
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