|Apr 24 22:02 GMT|
Fundamental Analysis Reports
USD/CAD - Listless As US Posts Mixed Numbers
Apr 24 14:54 GMT, by
Thursday is looking like more of the same for the Canadian dollar, which has stayed close to the 1.10 line throughout the week. USD/CAD is trading close slightly above the 1.10 level in Thursday's No...
NASDAQ: What Bubble?
Apr 24 14:27 GMT, by
Earlier this month it looked like stocks were about to hit the skids on the backs of fears about a bubble, particularly in the technology sector. However, in the last 24 hours the view has changed ma...
AUD/USD - Aussie Under Pressure As Markets Eye US Unemployment Claims
Apr 24 14:25 GMT, by
AUD/USD continues to post losses on Thursday, as the pair trades in the mid-0.92 range late in the European session. The Aussie has taken a tumble, losing over 100 points since Tuesday. In Thursday r...
US Durable Goods Orders Jumped 2.6% in March; Initial Claims Rose Last Week
Apr 24 14:23 GMT, by
New orders for durable goods jumped 2.6% in March, building on a 2.1% increase in February that followed a 1.4% drop in January and a 5.3% plunge in December. Part of the headline increase resulted f...
USD/JPY - Flat Ahead of US Key Data
Apr 24 12:50 GMT, by
USD/JPY is listless in Thursday trade, as the pair continues to trade in the mid-102 range early in the North American session. On the release front, Japanese Corporate Services Price Index met expec...
Gold Under Pressure Ahead of Key US Employment, Manufacturing Data
Apr 24 12:10 GMT, by
Gold prices has posted losses in Thursday trading, as the metal trades at $1272 in the European session. On the release front, there are two major events on the schedule - US Unemployment Claims and ...
Technical Analysis Reports
USD/ZAR: Is the Recent Bounce Just Another "False Dawn" for Bulls?
Apr 24 13:37 GMT, by
Two weeks ago, we highlighted the potential for a bottom to form near 10.35 on USD/ZAR. As it turned out, the pair did find floor near the highlighted level, and rates have since rallied back up to t...
US Crude Oil Fundamentals Point to Lower Prices
Apr 24 13:34 GMT, by
The price of crude remains supported almost entirely by concerns over geopolitical tensions in Ukraine and Libya. After all, one would have expected oil prices to be much lower than they actually are...
Forex Technical Analysis
Apr 24 10:10 GMT, by
Yesterday's rise failed to break beyond 1.3863 resistance and the intraday bias is slightly bearish, risking one more downswing to 1.3780 support area. On the mid-frames the outlook remains positive,...
Dollar/Yen Lags, Reflecting U.S. Stocks Dip
Apr 24 09:35 GMT, by
On Wednesday Dollar/Yen decreased with 50 pips. The currency couple depreciated from 102.70 to 102.16 yesterday, matching the negative money flow sentiment at under -11%, closing the day at 102.50. T...
Technical Analysis for Major Currencies
Apr 24 08:37 GMT, by
The pair failed to breach 1.3850 and stabilize above it yesterday weakening the upside move. By examening RSI 14, we notice slight weakness despite that its still stable above line 50, as Stochastic ...
Technical Analysis for Crosses
Apr 24 08:37 GMT, by
The pair maintains stability around SMA 50 and 100, while Stochastic is providing a clear positive signal over four-hour interval supporting extending the upside move in the upcoming period, as it in...
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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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