Please try another search
In my last post, I wrote about the small solace I took in profits on my short AUD/JPY position as the Japanese yen (via Guggenheim CurrencyShares Japanese Yen (NYSE:FXY)) surged in response to a...
On the EUR/USD we are looking at a nice impulsive decline taking place, with price specifically trading in sub-wave 4) of 1 that could be near completion. As such we expect one more drop to follow...
AUD/USD continues to fall after the earlier breakout of the up channel chart pattern which was earlier identified by Autochartist on the 4-hour charts. Autochartist rates the quality of this chart...
The FX, equity and bond markets were volatile yesterday with a risk off sentiment prevailing on the news of a Trump victory. However, after the initial euphoria faded, the US equity markets in...
Trump being elected the 45th U.S. president was not the only shock yesterday; the markets’ reaction was even more surprising. The immediate response looked like Brexit version 2.0, but as we...
Trading recommendationsSell Stop 1.0910. Stop-Loss 1.0950. Targets 1.0865, 1.0825, 1.0710, 1.0600Buy in the market. Stop-Loss 1.0910. Targets 1.0970, 1.1030, 1.1050, 1.1135, 1.1285Technical analysis...
For the 24 hours to 23:00 GMT, the AUD declined 1.21% against the USD and closed at 0.7644. LME Copper prices rose 5.77% or $291.0/MT to $5335.0/MT. Aluminium prices rose 1.85% or $31.5/MT to...
For the 24 hours to 23:00 GMT, the USD rose 0.55% against the CHF and closed at 0.9840. In the Asian session, at GMT0400, the pair is trading at 0.9828, with the USD trading 0.12% lower against the...
For the 24 hours to 23:00 GMT, the USD rose 0.5% against the JPY and closed at 105.64. In the Asian session, at GMT0400, the pair is trading at 105.18, with the USD trading 0.44% lower against the...
For the 24 hours to 23:00 GMT, the GBP rose 0.36% against the USD and closed at 1.2413. In economic news, UK’s total trade deficit expanded more-than-anticipated to a level of £5.2...
For the 24 hours to 23:00 GMT, the EUR declined 0.86% against the USD and closed at 1.0918. Yesterday, the European Commission, in its first economic forecasts since the Brexit vote, raised the...
The market quickly pivoted from yesterday’s doomsday scenario to refocus on what President Elect Trump means for both the global and US economy. Of course, this will take some time to understand...
Key Points:Trump election volatility likely to smooth out in coming days. Medium term USD gains are probable. Protectionist trade policies from Trump unlikely to come to fruition. The past 24 hours...
GBP/JPY Daily OutlookDaily Pivots: (S1) 127.90; (P) 129.81; (R1) 132.93; GBP/JPY's rebound from 122.36 resumed and takes out 132.21 resistance. Intraday bias is back on the upside for 138.81 key...