Pre Requisite Reading: EUR/USD: The Rally Appears to be Over Yesterday's ECB officials' statement accounted for the majority of the volatility in the pair, and even though EURUSD jumped above April 20th high, it did not take long before the ...Read More...
Gold Sustaining Weakness Below $1250 Trading below $1250 mark, Gold extends its Thursday's reversal from $1270 level and Friday's bounce above $1250 mark is being sold into...
Hi traders, EURGBP can go anywhere, so better wait patiently in the Support and Resistance. This is my last trading plan (Swing style) this week and a week ehead for EURGBP. We can also take minor Support and Resistance of A2SR for Scalping or Daily trades (short term...
USD/JPY Jumps to 110.70 on BoJ Speculation Speculations that the Bank of Japan would announce additional stimulus next week triggered yen weakness across the board and the USD/JPY pair jumping to as high as 110.75...
Ichimoku Cloud Analysis: GBP/USD, Gold Analysis for April 22nd, 2016 GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are still influenced by “Golden Cross” (1...
GBP/USD Firmer, Regains 1.4400 and Above The sterling has reverted the earlier drop and is now pushing GBP/USD to daily tops beyond the 1.4400 mark...
ECB's Latest Stimulus Fails to Lift Euro Area Business Expectations According to the latest PMI data released by Markit on Friday, euro area manufacturing and services sector activity remained subdued in April...
CAD: Setting Up for Retail Sales and CPI – TDS Research Team at TDS, suggests that it appears as though the trend of Canada’s stronger economic data has finally sputtered out...
EUR/USD Falls Further…1.1230 on the Cards? The European currency is now accelerating its decline, dragging EUR/USD to test fresh weekly lows in the 1.1260 region...
USD/CHF Targets Higher Levels While Above 0.9584 – Commerzbank In view of Axel Rudolph, Senior Technical Analysis at Commerzbank, spot remains on track to test the 0.9787/0.9832 band while supported by 0.9584. Key Quotes “USD/CHF has risen above its previous April high at...
USD/CHF Edges Higher, 0.9780 on Sight The upside momentum in the greenback is helping USD/CHF to regain the 0.9780 area, or multi-day highs. USD/CHF well supported around 0.9500 It seems spot has regained the upside bias after bottoming out in the 0...
USD/JPY Breaks Key 110.00 Resistance - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that the belief was that USD/JPY might struggle for a period before being able to break above the psychologically important 110...
AUD/USD Challenges Trend-Channel Support Extending its reversal from yesterday's high of 0.7834, the AUD/USD pair momentarily dropped below 0.7730 support just to recovery back and trade close to 0.7750 level...
ECB Passes with Little Event - Investec Research Team at Investec, suggests that the ECB provided little surprise for financial markets yesterday, with the Governing Council holding all three policy rates, and QE monthly purchases, steady...
ECB Optimism Fails to Lift EUR - MUFG Derek Halpenny, European Head of GMR at MUFG, suggests that they were not surprised by the general tone of the ECB press conference...
Analytical Review of the Stocks of Intel Corporation Intel Corporation, #INTC [NASD] Technologies, Semi-conductors, USA Financial performance of the company: Index – DJIA, S&P 500...
Euro Zone Stuck in Slow Growth, Despite Assurance from Draghi Speaking at European Central Bank’s (ECB) monetary policy conference president Draghi assured several times the bank’s monetary policy is working and working through real economy...
Negative Rates Series: Can Central Banks Digest Their Own Negative Medicine? Central banks around the developed world, increasingly pushing the yield curve towards zero, either through asset purchase or through introduction of negative rates...