All Blogs
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...
DXY Breaks Major Resistance at 94.70, Jump Till 95.35/95.80 Is Possible Major resistance - 94.70 (trend line joining 96.39 and 95.20) Major intraday support- 94.40 DXY has recovered after making a temporary bottom around 93.60. It is currently trading around 94.83...
Euro Area Flash PMI Dropped in April, Economy Continues to Expand at Moderate Pace Euro area’s Markit flash PMI fell slightly to 53 in April from March’s 53.1, suggesting that the economy continues to grow just moderately...
GBP/NZD Scales Higher, Reclaims 2.0800 Mark Adding on to its two day of sharp gains, the GBP/NZD pair continues to move higher, erasing all of its last week's loss and now seems all set to close at 3-week high...
GBP/USD Fades the Spike to 1.4370 The initial upside momentum in GBP/USD seems to have run out of steam near 1.4370, prompting the current correction to the 1.4350/45 band. GBP/USD weekly upside capped at 1...
FOMC Could Be a ‘Non-Event’ – UOB The research team at UOB Group does not expect noted the upcoming FOMC meeting to yield any significant outcome, focusing instead on the June meeting...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, April 22th USD/JPY pair popped higher from near daily low to hit fresh almost two-week tops in late Asia, after reports hit the wires that BOJ officials are said to discuss lending to banks at negative rate...
Pre-Requisite Reading: GLD, The Bullish Case for Gold On our yesterday's post regarding a possible short setup on the yellow metal, keeping in mind the long term overview of XAUUSD, we were expecting the upper line of the triangle to be respected...
WTI Erases Early Gains, Eyeing $43.00 Mark Earlier on Friday during Asian trade, WTI oil future gained momentum led by weakness in USD just to erase all of its early gains and is currently trading around $43.35 level...
EUR/USD Depressed Near 1.1270 The shared currency keeps the defensive fashion at the end of the week, now taking EUR/USD to the lower bound of the range in the 1...
GBP/USD Oscillates in a 40-Pips Range, Awaits Impetus The cable found fresh offers once again near higher levels and drifted lower thereon, with GBP/USD now heading back towards daily lows. GBP/USD fails once again near highs The GBP/USD pair trades 0.11% higher at 1...
FxWirePro: USD/CNY Hovers Around Key Resistance at 6.4910, a Break Above Targets 6.5182 Pair is currently supported above 6.49 marks and trading around 6.4920 levels. It made intraday high at 6.4937 and low at 6.4740 levels. Intraday bias remains neutral for the moment. A daily close below 6...
Bulls in #USDJPY seized the initiative, taking #quotes to the medium-term downtrend line. Currently it is tested, and #trend indicators record the presence of the short-term upward trend. Find out more by checking out the Source Link...
Mario #Draghi has done his work – yesterday it was a hot day for the #euro. #EURUSD have tested the support line of the medium-term upward trend, and, depending on the further dynamics we'll take further decisions. Find out more by checking out the Source Link...
EUR/JPY of Highs, Still Close to 125.00 The broad-based JPY weakness is now propelling EUR/JPY to test the 125.00 neighbourhood, challenging weekly tops at the same time. EUR/JPY up on BoJ easing talk After an ephemeral test levels just shy of the 125...
EUR/GBP Bearish Below 0.7992 – Commerzbank According to Axel Rudolph, Senior Technical Analyst at Commerzbank, the European cross will keep its negative stance while below 0.7992. Key Quotes “EUR/GBP remains below the February high at .7927 and now tests the 55 day moving average at .7858”...