Monday was a quiet day on Wall Street. The major indexes finished the day without any significant change. The low trading volume seen in recent weeks shows a balancing out of the bullish and bearish views waiting...
GBP-USD Daily time frame Strategy: short
The EUR came off the higher parts of its range on Monday against the USD. It remains to be seen if this is merely profit taking via speculative positions or a sliver of doubt coming into the...
The greenback’s latest reprieve may be partially explained by a relaxation in demand for commodity-linked currencies, like the Aussie and Canadian dollars. Moreover, a series of dovish statements from members of the Federal Open Market Committee (FOMC)...
U.S Dollar strengthens on the event of profit booking in most of the equity bourses across the world. Correction was seen yesterday in EURUSD, GBPUSD and AUDUSD. The Japanese Yen has strengthened after hitting historic resistance zone...
Market Review – 11/04/2011 20:14 GMT Euro retreats from 15-month high on long liquidation Euro retreated on Monday on long liquidation after recent ascent following a strong rise to a 15-month high of 1.4489 last Friday due to...
Market review for 4.04 – 8.04.2011
AUD/JPY Time: 08:00 Rate: 89.50 Strategy: Short Daily time frame
Fundamental Analysis Given last week’s consolidation trend on Wall Street, this week should turn out to be quite interesting. According to data from FactSet Research, companies in the S&P 500 Index are expected to show first-quarter earnings growth...
For the coming week we expect markets to continue in the same direction as the previous week. Look for the US dollar to depreciate, the Canadian dollar to rise and for the commodity markets to get ever-hotter....
