Market Updates
GBPJPY Once again we are seeing a tag of the channel lines in the GBPJPY, although prices managed to push through briefly. The channel trade has worked excellently on this pair over the past 6 weeks, although...
Category: Daily Forex Reports
EUR – Bond Issues A Concern
Bond markets internationally have been a nervous bunch with the prospects of a Fed intervention and continued turmoil in Europe shadowing bonds in Greece and Portugal. The EUR struggled again on Wednesday and this came with little...
GBP – Will Data Continue To Be Good?
The Sterling did trade slightly lower on Wednesday but maintained a fairly comfortable range. The Nationwide HPI will be released today and is expected to have a result of minus -0.3%. Tomorrow Net Lending to Individuals and...
JPY & AUD – Gold Being Watched By All
The Bank of Japan made no changes to its monetary policy earlier today and the JPY has stayed well within it strong consolidated range versus the USD. The AUD also had a rather small range on Wednesday...
Dollar Weakens on Global Recovery Outlook
The U.S dollar weakened for the first time in three days against the euro in overnight trading, as Asian stocks gained amid optimism the global economic recovery remains intact, damping demand for the greenback as a refuge.
EUR/JPY Analysis
Hello. Let’s take a look at a pair we like to trade – the EUR/JPY.
Daily FX Market Outlook-28-10-2010 by AceTrader
Market Review – 27/10/2010 22:50 GMTDollar rises broadly on reconsidered QE expectationsThe greenback strengthened against major currencies on Wednesday as investors questioned about the size of additional monetary easing by U.S. Fed and continued to reduce short...
Forex-Metal Daily Analysis – 27/10/10
The sterling increased as the positive UK economic activity was released. Asian and European trading sessions: Euro: The EUR/USD pair traded in the range of $1,3900-$1,3980. US Dollar: On Tuesday the greenback showed stabilization against the euro....
The candlestick analysis of the EUR/GBP
The EUR/GBP rolls back from Fibonacci correction level 50.0. Nevertheless, it is expected that soon the pair will test the resistance level of 0.9160, where Fibonacci correction level 61.8 is placed.
Forex daily analysis
USD/JPY:For quite a long period, and until the 25-10-2010 session, the evolution of the pair was clearly downward. Two sessions ago, the support of 80.86 was tested.NZD/USD:For several sessions already, the pair is navigating between 0.7550 and...