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Cable Preparing To Test 1,6800 Once More
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 - Apr 16, 2014

The last few days have once again seen Cable test the 1.6800 region, only to fail and reverse once more, with the June futures contract currently trading at 1.6710 on the daily chart. Following the ...

 
G10 FX At Mercy Of Chinese Data
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 - Apr 15, 2014

G10 FX At the Mercy of Chinese Data Euro: Unfazed by Decline in Investor Confidence AUD Hit Hard by 1.9% Drop in Gold CAD: Bank of Canada Rate Decision on Tap NZD: Uptick in CPI Expected GBP: No ...

 
Talking FX: Cable's Busy Day
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 - Apr 15, 2014

EUR/USDEUR/USD has been generally softer in the European session, although has shown resilience despite the re-emergence of the Ukrainian situation and the consensus voiced over weekend from ECB ...

 
AUD/USD: A-B-C correction in up-trend
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 - Apr 15, 2014

The aussie has sold off this morning, falling in another leg lower. The exchange rate has broken back inside its rising channel. Despite this temporary weakness the short-term up-trend is still intact...

 
Will Yellen Crush The Dollar?
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 - Apr 15, 2014
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Tuesday's Market Drivers UK CPI in line EUR ZEW misses a bit on Ukraine worries Nikkei .62% Europe -.43% Oil $102/bbl Gold $1310/oz. Europe and Asia:GBP CPI 1.5% vs. 1.5%EUR ZEW 43.2 vs. 46.3North ...

 
AUD/JPY: Wedge Break?
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 - Apr 15, 2014

Currently we are at 95.47.  We are looking for a continuation to S3 area @ 95.03 and maybe the 0.618 Fibo @ 98.43. The next target the S4 @ 94.18.  The average daily true range (ATR) for the pair ...

 
ECB Needs To Act Now
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 - Apr 15, 2014

Mario Draghi should act now rather than later if he wants to stem the rising Eur/Usd tide. His patience has seemed to have worn thin, telling reporters in Washington this past weekend, “The ...

 
GBP/USD: bearish signals; awaiting cue
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 - Apr 15, 2014

The long rally up from mid-2013 looks like it could be dying out. On the weekly chart MACD has moved below its signal line indicating a possible start of a wave down. The recent failure high on the ...

 
When Will The EUR Choke?
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 - Apr 15, 2014

With the 18-member single currency sitting high and mighty all Draghi has been capable of doing so far is basically re-open the "verbal intervention playbook" -- buying time in the hope that an ...

 
Major Currency Pairs: EUR/USD USD/JPY GBP/USD : April 15, 2014
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 - Apr 15, 2014

EUR/USDCurrent level - 1.3815 The outlook here remains negative, for a slide towards 1.3780 support zone. Initial minor resistance lies at 1.3835, followed by the major one at ...

 
UK Inflation Softens, USD Better Bid Pre-CPI
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 - Apr 15, 2014

Forex News and Events: The softness in UK inflation figures triggered a short-lived price action in GBP trading this morning. The Cable rebounded from a week low, EUR/GBP shortly tested the 50-dma. ...

 
GBP Softer Before Inflation Report, EUR Perseveres
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 - Apr 15, 2014

Market Brief As expected, BoJ’s Kuroda and the Japanese PM Abe met to exchange views on the financial situation. According to Japanese news agency Jiji, Mr. Kuroda wouldn’t hesitate to add...

 
Daily FX: EUR/USD, GBP/USD, EUR/JPY, AUD/USD: April 15, 2014
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 - Apr 15, 2014

The U.S. Dollar rose on Monday against the majority of its Forex counterparts subsequent to the announcement of stellar economic news which showed that U.S. Retail Sales went up 1.1 percent last ...

 
EUR/USD: close to 50% retracement
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 - Apr 15, 2014

Although Draghi's comments yesterday triggered a sell-off, he made it clear that ECB would only take action if the euro went higher. The weekly chart still looks very bullish with that long engulfing ...

 
Daily Technical Report : April 15, 2014
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 - Apr 15, 2014

EUR/USD - European Session The pair dropped yesterday and is currently trading below Linear Regression Indicator 55 and 23.6% correction at 1.3850, as stabilizing below it reduces positivity ...

 
GPB/JPY And EUR/JPY: April 15, 2014
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 - Apr 15, 2014

GBP/JPY Daily Outlook Daily Pivots: (S1) 169.39; (P) 170.15; (R1) 171.81; A temporary low is formed at 169.50 in GBP/JPY and intraday bias is turned neutral first. Overall outlook is unchanged. Price...