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USD/JPY Remains In Uptrend From 101.32
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 - Apr 23, 2014

The USD/JPY remains in uptrend from 101.32, and the rise extended to as high as 102.72. Further rise is still possible after a minor consolidation, and next target would be at 103.00 area. Support is ...

 
FX Event Risks To Watch
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 - Apr 22, 2014

FX Event Risks To Watch AUD in Play with Australian CPI and Chinese PMI CAD: Potential for Upside Surprise in Retail Sales Euro: Holding Steady Ahead of PMIs Sterling Bulls Refuse to Give Up Yen ...

 
Loonie: In The Cross Hairs
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 - Apr 22, 2014

• Light week for data from Canada and US • CAD Cross trading to define direction • Bank of Canada's focus on inflation A post-Easter sugar crash may be responsible for lethargic FX ...

 
Tuesday’s FX Technicals: EUR/USD, GBP/USD, USD/CHF, USD/JPY
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 - Apr 22, 2014

EUR/USD Euro broke its consolidation channel downwards and today may continue falling down towards level of 1.3750. Later, in our opinion, instrument may move upwards and return to level of ...

 
USD/CAD: Unchanged As Canadian Wholesale Sales Jumps
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 - Apr 22, 2014

The Canadian dollar is almost unchanged on Tuesday, as USD/CAD trades just above the 1.10 line in the North American session. On the release front, Canadian Wholesale Sales hit a four-month high. ...

 
Talking Forex: Yen Shows Strength
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 - Apr 22, 2014

EUR/USDAmid very light volumes as European participants cautiously return to market, coupled with light news flow, EUR is back above 1.3800, more as a result of a weaker USD than any other fundamental...

 
Sterling Looks To Profit On USD's Back
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 - Apr 22, 2014

Talking Points US DOLLAR testing uptrend from April low. GBP/USD at topside of multi-month ascending triangle. Forex economic calendar focuses on US housing data on Tuesday. Yesterday we examined ...

 
AUD/USD: Firm Ahead Of US Housing Sales
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 - Apr 22, 2014

The AUD/USD has posted slight gains in Tuesday trading. The pair continues to trade at high levels, as the pair remains in the mid-0.93 range early in the North American session. On the release ...

 
EUR/JPY: Currently At 141.70
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 - Apr 22, 2014

Currently we are at 141.70 moving north inside the wedge. We are looking for a bullish continuation to the resistance area at 142.54 and maybe to the 0.618 Fibo at 142.78. The average daily true range...

 
Dollar Gains On Japanese Data In Quiet Session
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 - Apr 22, 2014

DA better-than-expected U.S. forward-looking indicator coupled together with soft Japanese trade figures boosted the dollar on Monday in a quiet session, with many global markets closed for the Easter...

 
AUD/USD: pulling-back in sell-off
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 - Apr 22, 2014

The aussie has recovered after basing in the 0.9320s. It has risen up strongly this morning and will probably continue higher today and perhaps tomorrow, reaching up to resistance at 0.9390 or even ...

 
EUR/USD: Slight Gains As Euro Pushes Above 1.38
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 - Apr 22, 2014

The EUR/USD is showing limited movement in Tuesday trade, as the pair sticks close to the 1.38 line. It's been a quiet week so far, as the European markets were closed on Monday for the Easter break. ...

 
EUR Strangled By Options, GBP Waiting On BOE
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 - Apr 22, 2014

Global equities have managed a small rebound from last weeks lows as markets reopen after a four-day holiday break. It would seem that some investors are growing less concerned about tensions in the ...

 
Aussie Gains On CPI Expectations Above RBA’s Target
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 - Apr 22, 2014

As traders are back from Easter holidays market activity slowly picks up. The persistence in EUR strength raises discussions on a “more likely QE”, while we still don’t see active ...

 
USD/JPY- Trading In An Upward Channel
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 - Apr 22, 2014

The USD/JPY is trading in an upward channel on a 60 minute time frame. If the price breaks this upward channel, then the lower line of this channel will become the resistance for the pair. The price ...

 
GBP/USD: up-trend resuming
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 - Apr 22, 2014

Cable has recovered and moved back inside its rising channel. The short-term trend is up again following the break above the 1.6819 highs, and is expected to continue rising higher, despite signs on ...

 
EUR/JPY Trades Flat Around 141.27
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 - Apr 22, 2014

Market Brief Nothing much has happened in FX markets during the Easter holidays. Low liquidities drove the markets. The US yields climbed above 2.70% on last week’s Philly Fed and lower jobless ...