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USD Weakens, EUR Strengthens
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 - Apr 16, 2014

EUR/USDA tale of rise and fall for the pair in today’s European session, as risk events failed to benefit the USD and inflation directs price action. Early news of a step-up in the Ukraine situation ...

 
GBP/JPY: Trend-Line Bounce?
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 - Apr 16, 2014

Currently we are at 171.96 after the bounce.  We are still in a day chart wedge.  We are looking for a retracement and then a bullish continuation to the day chart top area @ 172.60.  The average ...

 
NZD/USD To Revisit 0.8520 Low
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 - Apr 16, 2014

The New Zealand dollar is trading lower intraday after softer than expected CPI figures for the New Zealand. The buyers are seen under pressure, and I think the down-move might continue in the days to...

 
Pound Looks Past Jobs Data, Dollar Eyes Beige Book
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 - Apr 16, 2014

Talking Points Pound Unlikely to Find Momentum in an On-Trend Jobless Claims Decline US Dollar Rebound May Continue to Pro-Taper Tone in Fed’s Beige Book NZ Dollar Weakens as Soft CPI Erodes RBNZ ...

 
Potential For Heavy Swings Fading Quickly
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 - Apr 16, 2014

We have passed an important mark where the probability of these markets generating major technical breaks with trend potential is severely deteriorating. Trading this week was a fight against the ...

 
Major Currency Pairs: EUR/USD USD/JPY GBP/USD : April 16, 2014
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 - Apr 16, 2014

EUR/USDCurrent level - 1.3823 The recent low at 1.3788 was practically a test of the key support around 1.3780 and the outlook is already bullish, for a rise towards 1.3904, en route to 1.3960. ...

 
UK Unemployment Below 7%, GBP Rallies
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 - Apr 16, 2014

Forex News and Events: The UK 3-month average unemployment rate falls below BoE’s former 7.0% threshold, the average earnings signal that improvement in life standards may have begun in the UK....

 
EUR: Deflation Still A Non-Issue?
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 - Apr 16, 2014

It's business as usual until the markets tell us otherwise. Ukraine remains in the background and has so far been unable to derail any euro economic objectives, but cracks are beginning to appear and ...

 
AUD/USD: Forecast April 16, 2014
By 
 - Apr 16, 2014

AUD/USD headed lower as predicted to support at 9335/30 where we expected a low for the day to try longs. This trade worked perfectly as we bottomed exactly here & shot higher to 9369 over night....

 
USD/JPY: Forecast April 16, 2014
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 - Apr 16, 2014

USD/JPY has been base building as expected & initially held resistance at 101.95/102 & support at 101.40/30 yesterday. Finally the break higher we predicted occurred over night as we look to ...

 
GBP/USD: Forecast April 16, 2014
By 
 - Apr 16, 2014

GBP/USD retested 1.6685/80 to exit shorts & try longs with stops below 1.6660. However we unexpectedly touched 1.6656 before shooting higher. If longs were held they were rewarded with a move ...

 
EUR/USD: Forecast April 16, 2014
By 
 - Apr 16, 2014

EUR/USD hit our buying opportunity at 1.3790/85 & bottomed exactly here. Above 1.3815 is more positive for today with a recovery likely. We can then target yesterday's high at 1.3833 before ...

 
WTI Crude: 104.0 Broken But Follow Through Suspect
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 - Apr 16, 2014

WTI Crude has been staying between 103.0 - 104.0 for most of the entire week, but prices suddenly shot up during early European session, pushing beyond the high of Monday and leading prices to the ...

 
NZD/USD: Overall Bullish Bias Intact
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 - Apr 16, 2014

The downtrend that started since last Thursday received a boost today thanks to weaker than expected NZ Consumer Price Index which came in at a surprising 1.5% versus the expected 1.7% and previous ...

 
USD/JPY- Bounced over 70 pips (risk 23 pips), What now?
By 
 - Apr 16, 2014

The USD/JPY pair has bounced strongly up from its support zone of (101.43-101.20) on a 60 minute time frame. The total move so far is almost 70 pips whereas the risk was 23 pips. The price is trading...

 
AUD/USD Dip To Try To Hold .9305/00
By 
 - Apr 16, 2014

AUD/USD bull pressures intact as modest support holds.20A setback within the current digestion range to nudge below modest rebound support at .9370/65, but whilst above a better foundation at .9305/00...