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AUD/USD bear that through .8990 for .8890/49 (and below?) into year-endA notable erosion through midweek to damage the mini-base, reinforcing hesitancy, back from only a prod into minor resistance in...
Market CommentaryMixed trading was witnessed across the board against the USD; wherein the Cable corrected from 1.6450 ranges to currently trade at 1.6360 ranges and the Aussie seems to reinitiate...
The previous analysis came out pretty well - better than expected to be honest. Price did not see the deeper pullback, but the momentum upto 1.50 initially provided the continuation above 1.50 and...
USD/CAD Trends and Major Market LevelsThe USD/CAD currency pair has been falling in forex market trading today with the USD/CAD registering a high of 1.06155 and reaching to a low of 1.05839 on the...
USD/JPY Trends and Major Market LevelsThe USD/JPY currency pair has been falling in forex market trading for a second straight day today with the USD/JPY registering a high of 102.942 and reaching to...
The kiwi dollar rose sharply during the wee hours of the Asian session when the RBNZ central bank reiterated the need for New Zealand to increase its benchmark rates in 2014 "in order to keep future...
AUD/NZDThe dollar was mixed at mid-day in Europe, higher versus the SEK, JPY, EUR and NOK, but lower against the AUD, NZD, CAD and GBP. The gain by AUD stood out particularly because of its steady...
GBP/USD The GBP/USD has started the week very well moving strongly back up towards the resistance level at 1.6450 however over the last couple of days it has run into a wall of resistance there...
EUR/USD for Thursday, December 12, 2013The Euro has enjoyed a solid move higher now for the last week and in recent hours has run into a wall of resistance at 1.38 and just eases away a little. To...
The yen held firm in Asia on Thursday, having risen broadly on the back of a slump on Wall Street as expectations grew the Federal Reserve could scale back stimulus as early as next week.News that...
Our previous forecasts headed in our direction for the most part, especially the USD/CAD, EUR/JPY and the Oceanic pairs. As we had thought US dollar was sidelined mostly and Japanese yen continued to...
EUR/USD Open 1.3784 High 1.3811 Low 1.3739 Close 1.3783On Wednesday the EUR/USD continued increasing with 70 pips. The European currency appreciated from 1.3739 to 1.3811 yesterday, matching the...