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EUR/USDCurrent level - 1.2502 Yesterday's slide has already been reversed at 1.2441 and current bias is positive, for a rise towards 1.2600 resistance area. The latter should cap the upside,...
Market Brief In Japan, USD/JPY and JPY crosses are better bid as discussions on sales tax hike delay occupy the headlines. The PM Advisor Hamada says it would be natural to delay the hike by some...
The divergence between central bank policy is becoming even more evident. Over the past month, the Bank of Japan, ECB, Bank of England and Riksbank have been dovish, while the Fed is committed to...
KEY DATA RELEASES TODAY:0930GMT GBP PPI Input m/m exp -1.4% v -0.6% 0930GMT GBP RPI y/y exp 2.3% v 2.3% 0930GMT GBP CPI y/y exp 1.2% v 1.2% 1000GMT EUR ZEW Economic Sentiment...
Forex Technical Update: 18/11/2014CEO Sam Barry runs through a daily technical trading update of the Forex market.
EUR/USD - European Session The pair is trading again below 23.6% correction at 1.2480 as showing above, and stabilized below Linear Regression Indicators. In fact, failing to breach 1.2575 earlier...
Yesterday was very much a placeholder day within markets as traders waited on the juicier cuts of the economic animal later in the week. Today’s starter, however, is a crucial figure for...
Hello, dear traders! The new week has started, so we are once again here for you with the daily trading plans.EUR/USD: The pair pushed higher on the wave of short-covering, but failed to fix above...
GBP/JPY Daily OutlookDaily Pivots: (S1) 181.14; (P) 182.26; (R1) 183.43; At this point, GBP/JPY is holding above 181.07 minor support and intraday bias remains neutral. As long as 181.07 support...
Aside from investors closing positions on the Dollar, the Cable continues to look bearish with the pair already softening by as many as a further 120 pips on Monday following Barclays and HSBC pushing...
The dollar was stable against the yen, as there were rumors that the Japanese Prime Minister could call early elections and announce a postponement to the sales tax hike as early as today. Dollar /...
The main news yesterday was the inability of the JPY to maintain a rally attempt in the wake of the weak third-quarter Japanese GDP data released early Monday, as USDJPY snapped back above 116.50 and...
Talking PointsStrategy: Flat Bearish Engulfing Pattern Awaits Confirmation Short Body Candles On H4 Suggest Indecision AUD/USD’s most recent pullback has left a Bearish Engulfing formation in...
Talking PointsStrategy: Short, Stop: 1.2500 (Daily Close), Target: 1.2360 Risk Returns To 1.2360 As Bearish Pattern Emerges Doji On H4 Suggests Traders Lacking Inspiration EUR/USD has slid below the...