Increased market volatility is on today’s forecast with a significant news day ahead. Most importantly, the US economy will be publishing a string of reports concerning producer inflation (PPI), unemployment claims, retail sales, and crude oil inventories....
The pair continues to evolve in its daily range delimited by the bollinger bands, between 1,08 or 1,04. Despite the impressive rally we saw yesterday, the Aussie Dollar remains well capped by the 1,08 resistance. Failure to...
07/14/2011 07:18 UTC NZD swings higher as it strengthens against the JPY, AUD, EUR, GBP and CAD. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
The pair remains under pressure after a new fail to establish above 0,97. A clear break below 0,9560 would confirm a bearish outlook with a target at 0,9450 (multi-year low).
The pair has finally broken below its daily range and dropped towards a new record low at 0,8080. Considering this new breakout, we consider that the bearish trend remains intact until proven otherwise. The pair remains well...
The breakout of the 80,00 critical support has lead to an acceleration of the decline with a new fresh low at 78,50. It is worth noting though that this 78,50 level has offered a great support lately....
We were expecting somoe kind of bounce on the Cable which has been more than confirmed. We can see that the pair is forming a nice morning star pattern on top of its daily bollinger band which...
As expected, we did see the pair confirming its bounce on top of the 200 moving average after a new low at 1,3830. The daily chart is showing a nice morning star formation which might suggest a...
The US Dollar tumbles after the trade deficit widens by more than $6B. The USD appreciated homogeneously against all the FX majors.Key equity index, Dow Jones Industrials (DJIA) is expected to find resistance in the zone of...
The AUD/USD pair rose on Wednesday and shows signs of wanting to break to new levels. The recent high at 1.08 held during the session, but it must be said that the candle for the day is...
