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After opening higher the Nikkei has now fallen to post new session lows 17 June low 15582.26 a few moments ago currently 15,606.17 session still in positive territory +167.92, +1.09% USDJPY not faxed by the new lows and currently 104.24 after earlier AUDPY-led lows of 104.12...
Market News
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Sherif Hasan, 17 June 2016, 07:38 #Nikkei
USDJPY and other yen pairs have had another kick lower 17 June 2016 Eamonn reported on the move a short while ago and I'm now hearing the AUDJPY selling was a prime mover with an AUD 300m order going through in thin conditions. AUDJPY has fallen from 77.40 to 76.85 with AUDUSD down to 0...
Market News
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Sherif Hasan, 17 June 2016, 07:37
Your economic data/event calendar for today 17 June Greetings one and all. Tragic news out of the UK to put a lot of things in perspective. We live in extremely fragile times. Our thoughts and condolences go out to the family and friends of Jo Cox...
Market News
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Sherif Hasan, 17 June 2016, 07:35
FSA, MoF, BOJ officials are meeting to discuss financial mkts Asakawa remarks crossing on the screens: BOJ, MoF, FSA share view the volatility is rising in FX, financial markets (Masatsugu Asakawa is vice finance minister for international affairs) More...
Banks
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Sherif Hasan, 17 June 2016, 07:32
USD/JPY and yen crosses are all a little higher in recent minutesw On the back of: Japan finance minister Aso Very concerned about one-sided, rapid and speculative moves seen in FX mkt Plans to hold meeting of FSA, MoF, BOJ officials to discuss financial mkts on Friday...
Market News
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Sherif Hasan, 17 June 2016, 07:31
The latest on Asia-Pacific banks from Fitch Ratings Australian banks' capital positions have been strengthening The extent of improvement and the regulatory capital ratios themselves are understated relative to many international peers Due to a conservative implementation of the Basel capital fra...
Market News
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Sherif Hasan, 17 June 2016, 07:29
Bank of America Merrill Lynch's monthly fund manager survey Its found cash allocations amongst the managers are now at a 15-year high, highest since November of 2001 At 5.7% (was 5...
Market News
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Sherif Hasan, 17 June 2016, 07:28
New Zealand data ANZ Job advertisements for May: +0.2% m/m (prior was +1.8%, revised from1.7%) For the y/y, up 7.2% ANZ commentary...
Market News
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Sherif Hasan, 17 June 2016, 07:27
GBPUSD: The pair looks to build up on its recovery after reversing all of its intra day losses on Thursday. On the downside, support lies at the 1.4200 level where a break will turn attention to the 1.4150 level. Further down, support lies at the 1.4100 level...
Analytics & Forecasts
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FXTechstrategy.com, 17 June 2016, 04:10
What is the difference between forex and sport betting? Forex (foreign exchange) trading simply involves buying currencies when their prices fall and selling them as soon as they appreciate markedly...
Trading Ideas
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Diamond Ashiegbu, 17 June 2016, 02:57
In recent years Price Action has rapidly gained popularity among traders for its simplicity and reliability. It really is so good that many traders have started to use the elements in their trade. The most popular and recognizable element was a pin-bar...
Trading Systems
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Sherif Hasan, 16 June 2016, 21:22 #price action
A mix of stupidity, cold-heartedness and fear Part 1 The all-time classic market rumours cartoon is perfect to illustrate what's happening today. The headlines say something like: UK PM David Cameron suspends EU vote campaigning because of Jo Cox death...
Market News
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Sherif Hasan, 16 June 2016, 19:51
Talk the Brexit vote could be delayed There's a completely unsourced (and very likely untrue) rumour that the Brexit vote could be delayed because of the murder of UK MP Jo Cox today...
Analytics & Forecasts
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Sherif Hasan, 16 June 2016, 18:54
UK MP Jo Cox now confirmed dead The murder of UK MP Jo Cox has resulted in the suspension of Brexit-related campaigning so that might be the reasons...
Market News
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Sherif Hasan, 16 June 2016, 18:52 #Bank of England
I think down trend of USDJPY is ending. Below is ichimoku kinko hyo chart. Lowest value of Chikou span is being high. I think now is buying point. What is your opinion...
Analytics & Forecasts
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Chang Suk Chung, 16 June 2016, 18:13
When you go 258 pips, there may be some profit taking. The USDJPY has moved about 258 pips from the highs and reached this low in the process.(see chart below) There was a healthy correction that saw the price test the earlier low at 104.50 and the 38.2% retracement of the move down at 104.527...
Trading Strategies
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Sherif Hasan, 16 June 2016, 16:37 #technical analysis
This market is disappointing more than England The Australian and Canadian dollars are down more than 1% and now the New Zealand dollar has broken below 0.70. A full-on flight to safety is beginning to emerge...
Market News
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Sherif Hasan, 16 June 2016, 16:14
Labour MP Jo Cox shot today It's unclear if the UK member of Parliament was targeted or became involved in a dispute. The assailant is at large and a witness said he was in his 60s or 70s...
Market News
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Sherif Hasan, 16 June 2016, 16:11
S&P 500 down 12 points to 2058 Let's count the reasons why Strength in the dollar Weakness in oil The lack of action from the BOJ...
Company News
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Sherif Hasan, 16 June 2016, 16:10
EUR/USD is off the lows and has found a new range ahead of the all-important decision by the Federal Reserve. The euro is moving by external factors, influenced by the British EU Referendum more than anything else...
Market News
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Sherif Hasan, 16 June 2016, 16:05 #FOMC