USD/JPY Outlook
Greetings and welcome back. Let’s pull up the USD/JPY hourly chart. As Japan’s economic outlook looks for improved earnings and economic growth, we saw some major whip saws in JPY cross pairs in the past couple of...
Category: Daily Forex Reports
Daily FX Market Outlook by AceTrader-1-2-2011
Market Review – 31/01/2011 20:04 GMT Euro rises on higher-than-expected eurozone inflation data Euro rose on Monday as higher-than-expected eurozone data fueled speculation that European Central Bank (ECB) may raise its interest rate quicker than the U.S....
Recent Recommended Trades by AceTrader
Update Time: 31 Jan 2011 06:17GMT WEEKLY AUD/JPY CROSS OUTLOOK – +81.00+ A$’s breach of 81.60 to 81.52 signals the fall fm83.69 top to retrace recent rise fm 71.97 has resumed n further weakness twd 80.95 is...
Political Turmoil in Egypt Boosts Crude Prices To $90.80
Recent developments in Egypt are having a significant impact on commodities and the major currencies. Just before the weekend, when protests in Egypt began escalating, crude prices jumped 500 pips to $90.80 a barrel. In addition, safe-haven...
Daily FX Market Outlook by AceTrader 31-1-2011
Market Review – 29/01/2011 01:13 GMT The greenback and Swiss franc strengthen on Friday as Egypt turmoil increases safe-haven demand The greenback rose broadly, except versus Japanese yen and Swiss franc on Friday as unrest in Egypt...
Technical overview of the instrument SILVER, Regression channels system for January 28, 2011
4-hour timeframeTechnical data:Head channel of the linear regression: direction –upLow channel of the linear regression: direction – downMoving average (20; smoothed) – downCCI: -86.1244
S&P Cuts Japan’s Credit Ratings; Yen Falls in Response
Yesterday’s most significant economic news was clearly the S&P’s announcement that Japan’s credit ratings will be downgraded from AA- to AA. The Japanese yen saw sharp falls against all the major currencies in response. In addition, disappointing...
Daily FX Market Outlook by AceTrader 28-1-2011
Market Review – 27/01/2011 23:25 GMT Yen tumbles across the board as S&P cuts Japanese debt rating The Japanese yen sank against its counterparts on Thursday as the credit ratings agency Standard & Poor lowered Japan’s debt...
Forex-Metal Daily Analysis -27/01/2011
FOMC meeting decision. Asian and European trading sessions:
Further Bearish Movement Expected for USD Today
The EUR/USD pair is once again floating around the 1.3700 level, as analysts are predicting yet another bearish day for the greenback. A batch of data is expected to show declines in the production, employment and home...