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The EUR/USD bounced from its support on a 30 minute time frame as predicted. The support zone was given in our analysis on the 11 of February. The volatility for the pair is extremely high at the...
The forex market spends a considerable amount of time deciphering G10 central banks thoughts. It try's to anticipate policy makers next move so individuals can adjust their portfolios accordingly....
EUR/USDCurrent level - 1.3625 The intraday bias here is bullish after yesterday's dip to 1.3560 and I expect the upmove to continue towards 1.3740, en route to 1.3810. Initial intraday support lies...
Let’s discuss about the EUR/AUD pair today, and related trade opportunities. The pair has recently bounced sharply from a major support area, as shown in the daily chart below. The pair also...
The EUR/USD has jumped on Thursday, rising close to one cent and wiping out Wednesday's losses. In the European session, the pair is trading in the mid-1.36 range. In economic news, German Final CPI...
Prices of Gold fell today, in line with the overall risk off sentiment that is permeating the Asian session. This is not the first time Gold has been observed being correlated to risk in recent days,...
The US dollar is coming under broad pressure against the major currencies for no apparent reason. There is some talk about $130 bln US bond maturity and coupon payments over the next two weeks or so...
Upcoming US Events for Today:Weekly Jobless Claims will be released at 8:30am. The market expects Initial Claims to show 330K versus 331K previous. Retail Sales for January will be released at 8:30am....
Finally we came out of such long out-of-the-market position. We have fixed a profit according to the yesterday’s analysis of – 26 points. A position opening - 1.36148, a profit -1.35892....
EUR/USDThe euro dropped by 0.6% amid the fall of the industrial production. In December 2013 compared with November 2013, Industrial production fell by 0.7% in euro area, according to estimates from...
EUR/USD Daily Analysis: EUR/USD finally collapsed (we were a day early in our short), dropping from 1.3680 to 3560 in early morning trading. The move was preceded by a solid shooting star on the daily...
The U.S. dollar fell against several of the majors as risk appetite improved subsequent to the first day of testimony by the Federal Reserve’s Chairwoman, Janet Yellen, during which she spoke to...
For the 24 hours to 23:00 GMT, AUD marginally strengthened against the USD to close at 0.9023.LME Copper prices rose 0.8% or $54.5/MT to $7174.5/MT. Aluminium prices advanced 0.9% or $15.0/MT to...
For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CAD to close at 1.0997.Yesterday, Canadian Finance Minister, Jim Flaherty, hinted that the government would mull the prospect of...