|Mar 11 02:37 GMT|
Fundamental Analysis Reports
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 ...
USD/JPY - Dollar Above 103 As Japanese Data Meets Expectations
Mar 10 15:56 GMT, by
USD/JPY continues to trade at high levels, as the pair is above the 103 line early in the North American session. The struggling yen has now coughed up about 200 points in the past week. In economic ...
Technical 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...
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...
GBPJPY - Turns Lower, Eyes Further Downside
Mar 11 02:12 GMT, by
GBPJPY – With the cross weakening on its Friday negative candle print, the risk is for it to weaken further in the days ahead. In such a case, support lies at the 171.00 level where a break if seen w...
The ASX Takes A Hit
Mar 11 02:10 GMT, by
There have been a few bearish developments in the ASX 200 after yesterday's slide. Iron ore, Australia's biggest export, took a hit on the back of fears about the strength of China's economy. This un...
Gold Turns Flat On Safe Haven Demand
Mar 11 02:06 GMT, by
Gold has so far managed to hold its own above the pivotal $1330 mark again like it did on Friday. However, there's this one bearish pattern that has emerged in recent days which has made me slightly ...
Is the Trend Really Our Friend in NZD/USD?
Mar 10 15:52 GMT, by
As is usually the case after Non-Farm Payroll week, we have kicked off the next week with very little fanfare in global markets. Sure there have been some noteworthy events, like China's Trade Balanc...
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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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