|Mar 11 08:53 GMT|
Fundamental Analysis Reports
JPY Range-Bound Post-BoJ, NZD In Demand
Mar 11 08:16 GMT, by
The BoJ kept its monetary policy unchanged overnight; the monetary base target remains at 270trln Yen, annual pace of increase at 60-70 trln Yen. The Japan's economy continues recovering at moderate ...
Euro Jumps Higher On ECB Decision To Do Nothing
Mar 11 07:47 GMT, by
Yesterday, uncertainty on Ukraine had only a limited impact on EUR/USD and USD/JPY. The dollar gained slightly across the board, but the picture of the trade-weighted dollar remains fragile. Sterling...
Mar 11 07:29 GMT, by
The New Zealand dollar is set for a busy week with the upcoming Official Cash Rate (OCR) announcement and CPI data. Nevertheless, the main focus will be on the OCR announcement from the Reserve Bank ...
German Trade Balance, Current Account Surplus Widen In Jan.
Mar 11 07:26 GMT, by
Germany's trade balance surplus widened as expected at 15.0 billion euro in January, compared with a revised 13.9 billion euro originally reported at 14.2 billion euro in the previous month.
ECB Concerned About Euro Strength
Mar 11 07:21 GMT, by
Finally. Last week we predicted some of the European policymakers will start expressing their concerns about the strength of the single currency. French ECB Banker Christian Noyer warned that strengt...
Fed Should Taper Faster
Mar 11 07:18 GMT, by
American policymakers continue to surprise with their comments, as Fed Bank of Philadelphia President Charles Plosser provided some of the contradictive comments by saying bad weather became a massiv...
Technical Analysis Reports
Cable Weakens On Economy Recession Signs
Mar 11 08:18 GMT, by
On Monday Pound/Dollar decreased with 120 pips. The Cable depreciated from 1.6742 to 1.6620 yesterday, in line with the negative money flow sentiment at nearly -18%, closing the day at 1.6644. Today ...
EUR/USD Steps Back From 1.3923
Mar 11 08:06 GMT, by
At the moment EUR/USD stands 50 pips away from the monthly R1 and struggles to extend Thursday's rally. Accordingly, the currency pair may fall down to 1.3800/1.3751 from here, but nonetheless will p...
GBP/USD Plunges To Monthly PP
Mar 11 08:04 GMT, by
The Cable took a major hit yesterday, plummeting all the way from the weekly PP down to the monthly pivot. Here the demand is likely to exceed the supply, considering a large number of various studie...
USD/JPY Erodes 103.52/34
Mar 11 08:03 GMT, by
Although the upward impetus noticeably weakened following a test of the resistance between 103 and 104 last week, USD/JPY carries on grinding higher. The current obstacle is represented by the 23.6% ...
USD/CHF Gravitates Towards 0.87
Mar 11 08:02 GMT, by
USD/CHF has somewhat pulled back after nose-diving from 0.89 down to 0.885 last week. Still, the rally is likely to be shallow and should later on turn into a dip that is expected to extend down to 0...
The Daily Wave Analysis
Mar 11 07:01 GMT, by
Depending if and how price moves down, a bounce (green arrow) at the Fibonacci levels for a wave B (purple) and more upside for wave Y (green) and Y (brown) is a good probability. The other option is...
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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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