Eko Rediantoro / Profil

On Thursday, the Japanese yen and Aussie soared in Asia, as China trade figures came in better than seen, thus aiding market sentiment after regional trade figures as well as Japan GDP performed above expectations. The currency pair USD/JPY traded at 101.69, slumping 0...

After Australian Q2 GDP release had been published, it became clear that expectations of economists were almost fully justified: the 0.5% quarterly expansion was slightly off the 0.6% pace predicted, on top of this, the year-over-year expansion was at the 4-year high of 3.3...

There’s a possible ending of wave [x] in a form of a zigzag. So, it’s likely that bears are going to deliver wave [y] of D soon. However, a confirmation is required, so we should wait until the price finds a lodgement under 5/8 Murrey Math Level (P=200...

Morgan Stanley: Bullish view on the euro. So far the euro zone’s economy hasn’t been hit too hard by Brexit. ECB will ease policy in December. Barclays: The ECB will adopt a wait and see approach. The outlook for EUR/USD is neutral...

There’s a bearish “Harami” at the local high, but its confirmation isn’t enough. So, the market is likely going to test the nearest “Window” once again. If we see a pullback from it, there’ll be an opportunity to have another decline...

AUD/CAD rising inside minor impulse wave Next buy target - 1.0000 AUD/CAD continues to rise inside the minor impulse wave (iii) – which started earlier – when the pair reversed up from the support zone lying between the support level 0...

GBP/AUD reversed from resistance zone Next sell target - 1.7000 GBP/AUD recently reversed down from the resistance zone lying between the pivotal resistance level 1.7650 (which has been reversing the price from July), upper daily Bollinger Band and the 61...

We’ve got a “V-Top” pattern, so the price reached a support at 1.3302. Therefore, the market is likely going to achieve the next support at 1.3277 – 1.3247 in the short term...

The market is consolidating under the closest resistance at 1.1270. Therefore, bears are likely going to reach a support at 1.1220 in the short term. If we see a pullback from this line, there’ll be a chance to have another bullish movement towards the next resistance at 1.1282 – 1.1324...

On Thursday, Honda Motor Co officially announced that it was recalling up to 668,000 cars in Japan for the purpose of replacing air bag inflators supplied by Takata Corp. The given measure appears to be a part of an expanded nationwide recall announced earlier this year...

The South Korean economy is currently facing downside risks. It’s because the American Federal Reserve is all geared up towards raising interest rates, while Korea is busy with overhauling its shipping as well as shipbuilding industries, as the finance ministry reported on Thursday...

On Thursday, crude prices extended their profits by more than 1.5% after industry data revealed what might be the largest weekly crude stock draw for three decades. The previous week American crude stocks shockingly tumbled by 12...

Today at 11:45 GMT we'll have the ECB interest rate decision, where it's expected to leave unchanged the rates on the zero level...

Forex trading plan for September 8 US dollar kept suffering after American ISM services PMI fell by 4.1 pints to 6-1/2-year low of 51.4 in August. The release reduced the prospects of the Federal Reserve’s interest rate hike on September 21 meeting...

EUR/CAD falling inside c-wave Next sell target - 1.4300 EUR/CAD has been falling in the last few trading sessions inside the c-wave of the minor ABC correction (ii) from the start of August...

On Monday, Taiwan stocks traded higher after the close, as revenues in the Machinery, Electronic Parts/Components and Optoelectronic sectors brought shares higher. In Taiwan, the Taiwan Weighted gained 1.14% at the close...

We’ve got a pullback from the upper “Window”, which brought bearish patterns such a “Doji”, an “Engulfing” and a “Three Black Crows”. Considering that all these patterns have been confirmed, there’s an opportunity to have a decline towards the nearest support line...

Important information on changes in trading hours on 5th of September 2016 We would like to draw your attention to the trading schedule over the upcoming Labor Day in the United States of America on 5th of September 2016 (Monday...

A lot of important economic news is scheduled for this week Due to the rise in oil prices last week, commodity currencies such as Canadian, Australian and New Zealand’s dollars have grown. The RBNZ had lowered interest rate by 0.25% to 2...