|Mar 11 03:28 GMT|
Fundamental Analysis Reports
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...
Aussie And Sterling Lower As Risk Is Off A Little
Mar 11 01:58 GMT, by
Not the worst start to the week unless you were long oats (-5.8%) but neither was it a great start given that the weak Chinese export data released over the weekend put the frighteners on the global ...
Technical Analysis Reports
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 ...
S&P 500 - China Disappointment Unable To Derail Bull Train
Mar 11 02:59 GMT, by
US stocks traded lower yesterday led by a surprise decline in Chinese exports numbers released over the weekend. Dow Jones Industrial Average fell by 0.21% while S&P 500 was doing slightly better...
EUR/USD – Remains Steady Below Resistance Level At 1.39
Mar 11 02:43 GMT, by
In the last few days the Euro has surged up higher through the long term resistance level at 1.38 and through 1.39 to reach a new two year high, however over the last couple of days to start this wee...
AUD/USD - Ready To Test Key Level At 0.90 Again
Mar 11 02:40 GMT, by
Towards the end of last week the Australian dollar enjoyed a healthy surge higher from down near 0.89 to hit a three month high just above 0.91 before easing back towards the 0.90 level over the last...
Daily Forex Update: USD/CAD
Mar 11 02:17 GMT, by
USD/CAD is expected to rise to the target level 1.1172 in the next 2 days. Autochartist set the stop-level for this forecast at 1.0954. The breakout of this Down Channel continues the preceding sharp...
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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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