|Mar 12 02:12 GMT|
Fundamental Analysis Reports
North American Wrap-Up: Antipodean Swoon
Mar 12 01:59 GMT, by
For the greater part of North American trade today, there wasn't much to write home about. Stocks were grinding lower on the day, but not so much to worry anyone, major currency pairs like the EUR/US...
USD/RUB: Crimea River
Mar 12 01:58 GMT, by
From a fundamental perspective, the simmering geopolitical tensions between Russia and Ukraine, along with general risk aversion among EM currencies, continue to push the ruble lower. Speaking techni...
Copper Tanking And Aussie Dollar Lower Suggest Rerating Of Global Growth
Mar 12 01:52 GMT, by
What is driving this is clearly sourced in the catalysing event that was the weak export data from China over the weekend but equally as an article from my US colleagues at Business Insider showed ye...
"Buy the Rumor; Sell the News" in NZD/JPY?
Mar 11 16:01 GMT, by
It has been another day of un-eventfulness in global markets as a relative lack of market moving data or events continues to permeate. Barely causing a blip on the radar was the Bank of Japan who mad...
Is China the Reason for EUR Strength?
Mar 11 15:56 GMT, by
EURUSD rose to its highest level since October 2011 on Thursday, it has since come off the boil and on Monday this pair made a long-legged doji pattern on the daily candle chart, which suggests we co...
USD/CAD - Lower As US Employment Data Slips
Mar 11 15:54 GMT, by
USD/CAD has posted modest losses, as the pair is trading back below the 1.11 line in Tuesday's North American session. It's a quiet day on the release front, with just three releases on the schedule....
Technical Analysis Reports
USDCHF - Set To Trigger Correction
Mar 12 02:06 GMT, by
USDCHF - Although USDCHF may be vulnerable to the downside, it faces a corrective threat. Support comes in at the 0.8700 level, its psycho level. Below here will set the stage for further weakness to...
Daily Forex Update: EUR/AUD
Mar 12 02:05 GMT, by
EUR/AUD continues to rise after the recent breakout of the 4-hour Triangle chart pattern. The price is expected to rise to the target level 1.5768 in nearest time. The breakout of this Triangle conti...
US Oil (WTI) – The 'Running Of The Bulls' Sparked By Break Of 200-Day Sma
Mar 12 02:01 GMT, by
A week ago we noted that 'WTI's higher high in price yesterday (above $103.75) was not confirmed by daily RSI as it formed a lower high – Thus, a bearish divergence. Additionally, daily RSI has alrea...
AUDJPY - Will Prior Resistance Become Support?
Mar 12 01:56 GMT, by
Last week AUDJPY finally broke above our noted resistance zone and the bullish momentum which ensued saw the pair test our initial level to watch at 94.05/10, which saw the convergence of the 2014 hi...
USD/ZAR: Weak Chinese Data and Business Confidence Taking a Toll
Mar 11 13:27 GMT, by
Back on Thursday, we highlighted the seeming divergence between the bearish price action in the USD/ZAR and the relatively bullish (bearish for the South African rand) fundamental stories, including ...
DAX: Higher Euro May Limit Future Gains for Export-Oriented German Stocks
Mar 11 13:25 GMT, by
We last looked at the DAX index when Mario Draghi was preparing for the European Central Bank press conference on Thursday afternoon. As it turned out, the ECB president wasn't that dovish after all....
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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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