|Mar 11 06:19 GMT|
Fundamental Analysis Reports
BOJ Supports Moderate Recovery With Strong Monetary Base
Mar 11 03:38 GMT, by
The bank of Japan released its meeting minutes concerning March 11 st meeting policy, where the bank decided to set guideline for money market operations for the upcoming period to spur Japanese econ...
USD/CAD – Steady As Canadian Housing Data Improves
Mar 11 02:25 GMT, by
The Canadian dollar has edged lower to start the new week, as the currency is back above the 1.10 line In economic news, Canadian Housing Starts improved in February, climbing to three month high. On...
GBP/USD - Dollar Rides High After Sharp Nonfarm Payrolls
Mar 11 02:23 GMT, by
The dollar is on the move on Monday, as GBP/USD has lost close to one cent on the day. The pair is trading in the mid-1.66 range in the North American session. The dollar is riding on a wave of posit...
Asian Stocks Rose On China's Credit Data
Mar 11 02:18 GMT, by
Asian stocks advanced today after yesterday's biggest drop in two weeks in the regional benchmark index, where investors weighs on China's credit growth data that trailed estimates in February and wa...
EM Rundown: Is China's Data Deceleration Legit?
Mar 11 02:08 GMT, by
Undoubtedly the biggest story in emerging market land as we open this week is this weekend's concerning economic data out of China. Since Friday's close, China's trade balance, CPI, PPI, and new loan...
GBPUSD, Daylight Savings Time & European Opening Range
Mar 11 02:03 GMT, by
This past weekend in the United States we changed our clocks to account for Daylight savings time - whereby the time was adjusted 1 hour in advance. However, we must remember that FOREX is a global m...
Technical Analysis Reports
EUR/USD Nearly Three Year High After ECB
Mar 11 06:16 GMT, by
On Monday Euro/Dollar decreased insignificantly with almost 40 pips. The European currency depreciated from 1.3898 to 1.3861 yesterday, matching the negative money flow sentiment at around -7%, closi...
USD INDEX: Sheepishly Drifts Towards Resistance Zone
Mar 11 04:33 GMT, by
At the time of writing we are now trading 2 second consecutive 'inside day' after a volatile Doji on Friday but remain above December lows. We are also approaching a confluence of resistance which ma...
Daily Technical Analysis
Mar 11 04:30 GMT, by
The EURUSD was indecisive yesterday. There are no changes in my technical outlook. The bias remains bullish in nearest term testing 1.3950 – 1.4000. Immediate support remains around 1.3850. A clear b...
Foreign Exchange Market Commentary
Mar 11 04:25 GMT, by
THE EURO closed lower on Monday. The lowrange close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI are becoming are neutral to bulli...
Market Morning Briefing
Mar 11 03:22 GMT, by
Dollar Index (79.80) is trading below the support zone of 79.80-70 and the door to 79.10-78.60 or even 78 has opened now. Every corrective rally till 80.30-55 may face selling pressure. The long term...
GBP/USD - Slumps Towards Support Level At 1.66
Mar 11 03:18 GMT, by
The last week or so has seen the GBP/USD edge higher back towards the short term resistance level at 1.6750 however in the last 24 hours it has fallen sharply and moved back below 1.6650. Just above ...
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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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