The pound has weakened versus the kiwi. Following the formation of its three-wave a-b-c corrective pattern higher – see chart below – the pair tipped the topside of the descending channel and then started moving lower...
After forming a low on February 25 GBP/EUR has moved broadly sideways. Given the previous down-trend, the odds favour a continuation lower, eventually. Such a move would be signalled by a break below the 1.2612 Feb lows. This would lead to a probable move down equal to 61...
This is the article "Forex Ranking and Rating list" for the coming week, the article "Forex Strength and Comparison" has also been published this weekend...
Citibank, the world’s largest currency dealer, believes the major threat to extensive Aussie dollar appreciation is the Reserve Bank of Australia...
An Evolution in Forex Trading Global electronic financial markets are becoming increasingly competitive. In such an environment, electronic trading systems and strategies are only as good as the infrastructure upon which they execute. In forex, time is money and milliseconds matter...
London session outlook. Technical setups for EURUSD, GBPUSD, AUDUSD, USDJPY, FTSE 100, Gold, Crude Oil And DAX 30. Extensive Q/A session...
One of the best performing currency pairs of the latter part of the week has been the pound to dollar conversion. The rate has moved higher as the US dollar is hampered by the US Federal Reserve while the pound’s central bank, the Bank of England, provides some upside impetus...
The euro to dollar exchange rate has powered ahead with analysts advocating that yet further gains are possible...
The Bank of England has provided a positive message for pound sterling which is advancing against the euro and US Dollar ahead of the weekend and keeping alive the prospects of better rates next week. GBP/USD intra-day pullbacks should be limited to the 1.44/1...
Stocks remained range bound throughout the US session amid the light news flow. The DJIA outperformed following the gains seen in financial names amid fresh share repurchase programmes for JPMorgan and Bank of America...
The dollar slipped to marginal new lows versus the yen since Q4 '14 last week, a little below JPY110.70. The risk is on the downside unless the JPY112 area is resurfaced. Participants know that yen strength causes the BOJ discomfort, and continue to probe for its pain threshold...
The Dollar has taken a nasty spill, but how do we reconcile the recent decline against years of rally and the proximity of a near-decade high? In the past three weeks, USDollar has dropped as much as three person – the most aggressive slide from the world’s most liquid currency since June of 2013...
Yellen dealt a heavy blow to the FX divergence trade and sent USD falling across the board. We doubt that this is the end of the multi-year USD bull-run, however, and see the current levels as an opportunity to establish fresh longs...
Analytical Review of the Stocks of International Paper Company International Paper Company, #IP [NYSE] Consumer goods, production of paper & packaging, USA Financial performance of the company: Index – S&P 500...
EUR/USD: Wave analysis and forecast for 18.03 – 25.03 - 2016 EUR/USD: Wave analysis and forecast for 18.03 – 25.03: The pair is likely to decline within correction. Estimated pivot point is at the level of 1.1350. Our opinion: Sell the pair from correction below the level of 1.13501...
GBP/USD: Wave analysis and forecast for 18.03 – 25.03 - 2016 GBP/USD: Wave analysis and forecast for 18.03 – 25.03: Correction is nearing completion. Estimated pivot point is at the level of 1.4115. Our opinion: In the short-term: buy the pair above the level of 1.4218 with the target of 1.4690...
USD/CHF: Wave analysis and forecast for 18.03 – 25.03 - 2016 USD/CHF: Wave analysis and forecast for 18.03 – 25.03: Downtrend continues. Estimated pivot point is at the level of 0.9912. Our opinion: Sell the pair from correction below the level of 0.9912 with the target of 0.95 – 0.9470...
USD/JPY: Wave analysis and forecast for 18.03 – 25.03 - 2016 USD/JPY: Wave analysis and forecast for 18.03 – 25.03: Downtrend continues. Estimated pivot point is at the level of 113.84. Our opinion: Sell the pair from correction below the level of 113.84 with the targets of 107.00 – 106.60...