|Mar 11 22:32 GMT|
Fundamental Analysis Reports
"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....
AUD/USD - Range Trading Continues
Mar 11 13:51 GMT, by
AUD/USD is showing little movement on Tuesday, as the pair continues to trade in the mid-0.90 range in the European session. In economic news, NAB Business Confidence weakened in February. Later in t...
EUR/USD - Edges Lower As German Trade Balance Dips
Mar 11 13:12 GMT, by
EUR/USD has edged lower in Tuesday trade, but the pair remains at high levels. In the European session, the euro is trading in the mid-1.38 range. German Trade Balance dipped to a three-month low and...
USD/JPY - Steady As BOJ Holds The Course
Mar 11 13:11 GMT, by
USD/JPY is steady in Tuesday trading, as the pair trades slightly above the 103 line in the European session. In economic news, the Bank of Japan said it was continuing its current monetary policy. I...
Technical Analysis Reports
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....
USDCHF: Set To Trigger Correction
Mar 11 13:09 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 tow...
USDJPY: Still Looking for a Close above 103.65
Mar 11 12:17 GMT, by
The mini-rally in USDJPY has faltered at the start of this week after hitting a high of 103.76. The failure to close above this critical resistance level on Friday was disappointing and since then US...
Technical Overview - EURUSD, GBPUSD, AUDUSD, USDJPY
Mar 11 11:09 GMT, by
Last week, the pair climbed to 1.3900 mark for the first since Oct. 2011 after ECB decided to hold interest rates steady and indicated no further easing of monetary policy in the near-term. In doing ...
Yen Firms As BoJ Leaves Rates Unchanged
Mar 11 10:42 GMT, by
On Monday Dollar/Yen increased with 60 pips. The currency couple appreciated from 102.92 to 102.56 yesterday, matching the positive money flow sentiment at over +14%, closing the day at 103.26. This ...
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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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