EUR USD, “Euro vs US Dollar” Eurodollar has reached the target of the correction and formed the flag pattern. We think, today the price may break the channel of this correction. The market is expected to start falling towards 1.1200...
Analysts at UOB Group explained that there is no change to their bearish view, but as highlighted previously, downward momentum is not very strong. "the downside potential is likely limited to 1.1145. Stop-loss remains unchanged at 1.1395...
“We do not anticipate a decline in Sterling to the magnitude witnessed in the early 1990’s, let alone the 20% depreciation suggested by Goldman Sachs.” On 23 June the British public will go the polls and decide on the fate of Britain’s long-term membership with the European Union...
Bank of Japan Governor Kuroda told the WSJ that inflation could be affected if the yen continued to rise excessively, leading to further easing measures to meet its price target...
Today the Japanese government has nominated an executive of Shinsei Bank, Ms Masai, as a new BOJ board member from July...
The decline in the oil price following the futile Doha talks on Sunday was short-lived with the price on Brent crude rising back above USD43/bbl this morning...
Analytical Review for Altria Group Inc.'s Shares Altria Group Inc., #MO [NYSE] Consumer goods, Cigarette production, USA Financial performance Index – S&P 500...
DAX30: Indicators Give Buy Signals On the hourly, daily, weekly and 4-hour charts the indicators OsMA and Stochastic recommend to open long positions...
EUR/USD steady near 1.1400 The euro is consolidating gains versus the US dollar as it continues to trade near daily highs and close to the 1.1400 area, headed toward the third gain in a row. EUR/USD started to rise on Friday during the American session and after a modest pullback yesterday to 1...
A bearish Harami will show a bull market stopping dead in its tracks as in the example below. Let’s look at a example. EUR/USD: Bearish: Downside potential likely limited to 1.1145...
EUR/USD: Downside Limited, 1.1230 Key Support - UOB Analysts at UOB Group explained that there is no change to their bearish view, but as highlighted previously, downward momentum is not very strong. Key Quotes: "the downside potential is likely limited to 1.1145. Stop-loss remains unchanged at 1...
Thoughts on China's Gold Fix - BBH Analysts at Brown Brothers Harriman noted that earlier today, China launched its first gold fix. Key Quotes: It will offer a fixing twice a day going forward in yuan...
USD/JPY: a Relief to Japanese Policy Makers - Scotiabank Analysts at Scotiabank noted the recent bid conditions surrounding USD/JPY onto the 109 handle this week...
USD/JPY Falling Back on Risk Aversion and Negative Stocks USD/JPY has been one pair that the greenback has been able to take control of to some extent. However, the bulls commitments are now being tested at the 109 handle with a recent low of 109.03 with the 20 sma under pressure as well at 109...
The US dollar has depreciated over the past few months, even against the euro which has refused to head down despite the ECB’s efforts...
USD/CHF Hits Fresh Lows Under 0.9600 The Swiss franc is rising for the second day in a row against the US dollar, after breaking yesterday short-term trading range. USD/CHF finished yesterday around 0.9640 and recently dropped to 0.9584, hitting the lowest level in six days...
The USD lost out after another day of selling against the commodity currencies, led by CAD which has been boosted through 1.2700 as front month WTI pushes through $42.0...
AUD/USD Reaching for the Sky, but is the Sky the Limit? The antipodeans are the best performers yet again although have now met supply in the U.S. session...
