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GBP/JPY Daily OutlookDaily Pivots: (S1) 182.15; (P) 183.06; (R1) 183.62; Intraday bias in GBP/JPY is neutral for the moment. With 181.65 minor support intact, further rally is in favor for...
AUD/NZD: Short One short position has been opened this week and closed today with a profit of 1/2 Weekly ATR (84 pips). On pullback postions will be opened again. See for more information my Strategy...
EUR/USDRisk reward: 2.12Volatility: HighDown at 1.1069 Limit 1.1101 Target 1.1001USD/JPYRisk reward: 1.75Volatility: AverageUp at 119.78 Limit 119.46 Target 120.34GBP/USDRisk reward: 2.28Volatility:...
For the 24 hours to 23:00 GMT, the AUD traded marginally higher against the USD to close at 0.7819.LME Copper prices declined/rose 0.46% or $27.0/MT to $5882.0/MT. Aluminium prices rose 0.20% or...
For the 24 hours to 23:00 GMT, the USD declined 0.53% against the CAD to close at 1.2424.Yesterday, the BoC kept its interest rate steady at 0.75%. Additionally, the central bank in its monetary...
For the 24 hours to 23:00 GMT, the USD rose 0.23% against the CHF and closed at 0.9634.In the Asian session, at GMT0400, the pair is trading at 0.9651, with the USD trading 0.17% higher from...
For the 24 hours to 23:00 GMT, the GBP fell 0.62% against the USD and closed at 1.5269, following downbeat Markit services PMI data in the UK.Yesterday, Britain’s Markit services PMI...
For the 24 hours to 23:00 GMT, the EUR declined 0.85% against the USD and closed at 1.1084, following mixed economic data in the euro-zone and Germany.Data showed that, retail sales in the euro-zone...
EUR/USD – Breaks Multi-Year Support, Bearish Bias (4hr chart)Losing some serious ground today, the Euro broke through the multi-year support level of 1.11 closing below in on a daily basis for...
The data-heavy portion of the week has officially kicked off, and today’s economic figures have confirmed some of the recent trends we’ve been highlighting. As my colleague Chris Tedder...
Good morning. Hope all is well! We have had a bit of a turmoil in our forecast for yesterday with only a 29% accuracy. This was mainly due to the US Dollar strengthening as opposed to weakening as we...
Chris looks at the upcoming Thursday trading session in the EUR/JPY pair.Below you may find the video
Australia 200 for Thursday, March 5, 2015The Australia 200 index just continues on its merry way steadily moving higher above the key 5800 level to reach yet another multi-year high near 6000. It has...
AUD/USD for Thursday, March 5, 2015In the last 48 hours the Australian dollar has made repeated attempts to move up strongly to the resistance level at 0.7850 however it has been rejected every time...
BIAS: Look for a minor correction and new low before a recoveryResistance: 132.80-94 133.22 133.55 133.75-85Support: 132.39 131.86-09 131.50 131.13-29MAIN ANALYSIS: Losses developed as expected -...