Please try another search
EUR/USDTrading range: 1.2980 - 1.2880Trend: DownwardSell at 1.2970 SL 1.3002 TP 1.2893USD/JPYTrading range: 82.60 - 81.70Trend: DownwardSell at 82.49 SL 82.81 TP 81.77GBP/USDTrading range: 1.6070 -...
The sharp dollar recovery obviously came as a surprise and has required a complete overhaul of perception. The implication is that we saw a nasty, stubby and wretched follow-through in the euro to a...
BIAS: I look for the 0.9368-00 area to cap and for losses to resume.Resistance: 0.9346 0.9368-77 0.9400 0.9422Support: 0.9318-24 0.9294 0.9280 0.9241-56MAIN ANALYSIS: The break back above 0.9275 took...
Well we did say we expected some risk off and shorts in December, and Draghi seriously helped us out with that one.So lets recap on what's been a pretty weird day for the markets.Morning started with...
Euro appeal diminished as ECB flags lower growth/inflationAfter rallying above $US1.31 Wednesday, the Euro hit the skids with a solid break to the downside of two big figures while remaining...
The green back is bouncing as anticipated, trading above the 50-day MA as I write by 0.65%. My first objective is the 20-day MA identified by the dark blue line but talk of interest rates moving...
EUR/USDThe pair settled the session lower as markets reacted to comments from Draghi who said that negative interest rates on deposit facility were discussed. Consequently, Euribor strip turned bid as...
Currently we are at 1.0493 and just now above the resistance level to the north. The target area is the resistance cluster (Resistance/R5/1.618 Fibonacci extension) at 1.532-1.0537. The big target is...
Economists don’t anticipate a change in today’s final read on the euro area’s third quarter GDP relative to last month’s preliminary “flash” release, which reported...
The gross domestic product report for the third quarter shows that Brazil’s economy grew at half of the rate previously expected. Prior to the report, most analysts believed that the economy...
Nearer-Term AUD OutlookNo change as the choppy trade since Aug. is seen as part of a longer-term topping below the ceiling of the large triangle/pennant that has been forming since July 2011 (see...
ECB on tap – no rate cut expected, but could we see a set up meeting for a rate cut down the road? Also, the US employment report could move market more than recent reports if it proves a...
Australian employment beats but Aussie cant break 1.0500Risk FX very quiet ahead of Central bank meetingsNikkei 0.85% Europe 0.91%Oil $88/bblGold $1693/oz.Europe and Asia:AUD: Employment Change 13.9K...
I suppose we have to cover the Autumn Statement although the market impact of George Osborne’s latest missive has been minimal so far. The market expected cuts to growth and that is what we got....
AUD/USDA larger corrective downtrend started from 1.1085 (July’11 high), appears to be still in force for AUD/USD which may be a large triangle consolidation in a range between 1.0860 and 0.9580...