Forex Market Analysis - Page 83

Forex Technical Analysis 05.12.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro is still forming consolidation structure. We think, today price may fall down towards level of 1.3460. Alternative scenario implies that pair may break level of 1.3620 upwards and extend the fifth wave by moving upwards to reach 1.3700...

Forex Technical Analysis 04.12.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro continues consolidating; this movement may be considered as correctional structure. We think, today price may form descending structure towards 1.3520 and then form another consolidation channel near 1.3538...

Direction Unclear Yet

Yesterday the worlds financial markets closed predominantly in the negative. In Europe, trading finished as follows the British FTSE 100 fell 0.95 percent down to 6,532.43 points...

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Forex Technical Analysis 03.12.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro is being corrected towards level of 1.3457; right now market is moving inside the third wave of this correction and forming consolidation channel to break ascending channel and continue falling down...

Weekly Outlook. December 02, 2013

The Aussie dollar fell over the past week, as strong US data and talk of FED tapering helped push down the Australian dollar...

Forex Technical Analysis 02.12.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro is still moving inside consolidation channel. We think, today price may continue growing up towards 1.3640 and then return to 1.3565. Later, in our opinion, pair may continue forming ascending structure to reach target at 1.3700...


Technical Analysis On Major Currencies By FXNET

The pair extended the positive trading, whereas it approached 61.8% correction at 1.3625

Why I am trading against the JPY

Since Abenomics was introduced, the JPY has plummeted in value. The aggressive monetary policy was supposed to achieve two goals...

Aussie Powers Through & Dollar Hits New 6-Month High Against Yen

The best performing currency during Thursday’s Asian session was the Australian dollar which jumped against its US counterpart after strong Australian business spending data. Private Capital Expenditure increased by 3.6% quarter-on-quarter despite expectations for a decline by 1.1%...

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Mixed Directions on Markets - No Impetus

Yesterday world financial markets finished mixed. In particular, in Europe the British FTSE 100 grew 0.2 percent up to 6,649.47 points, the German DAX 30 advanced 0.66 percent up to 9,351.13 points, and the French CAC 40 gained 0.36 percent reaching 4,293.06 points...

Euro Hits Fresh 1-Month High After German Inflation Data

The dollar rose above 102.00 yen for the first time since May 29, while the euro flirted with the key $1.36 handle and hit a new four-year high within striking distance of 139.00 yen...

Forex Technical Analysis 28.11.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro is consolidating near its maximums. We think, today price may form correction towards 1.3440. We should note, that market is moving inside the fifth ascending wave and current tendency is ascending...


What caused the EURUSD pullback?

Last week, the surprisingly bullish EURUSD trend line was fully broken. There are reasons to believe it was overwhelmed, considering the ongoing EU economic problems, but not many foresaw the bullish trend to be so abruptly disrupted...

Sterling and Euro Outperform Vs US Dollar

The main currency of the day was the sterling which outperformed against the dollar and euro, as well as against the yen after being boosted by strong UK second quarter growth data...

Yen Up Against Dollar After Weak US Data

The yen was supported by safe haven demand today after the release of a slightly dovish Bank of Japan policy meeting minutes. The minute from last weeks meeting showed some concern about Japans economic outlook and whether the central bank 2% inflation target could be met...

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Euro Steady Around $1.35

The euro was stronger today particularly against the dollar and the pound. While there were no economic data releases today from the Eurozone to explain the move, there were some headline news which affected sterling and dollar...

Forex Technical Analysis 26.11.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro continues growing up towards target at 1.3590; right now market is forming the fifth ascending wave. We think, today price may consolidate at current levels and then start moving upwards to reach above-mentioned target...

Euro Slides From A 4-Year High Against The Japanese Yen

The US dollar is broadly stronger against its major G10 counterparts on Monday while the yen remains weak as a result of a sell-off due to outflows from safe havens like itself...


Forex Technical Analysis 25.11.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro continues moving upwards. We think, today price may complete its first ascending wave by reaching 1.3590 and then start correction towards 1.3440...

EUR/JPY Hits A New 4-Year High

The dollar remains bullish against the yen, while the euro hit a new four-year high against the Japanese currency in todays Asian session...

Yen Hits 4-Year Low Versus Euro After BOJ Governor’s Speech

The yen remained under pressure in Friday Asian session after being pushed lower by Bank of Japan Governor Kuroda who appeared before the Japanese Diet Committee to talk about monetary policy...


The Dark Cloud Surrounding Italy

The latest EU GDP confirmed what the ECB has been telling us for months, the EU economic recovery is indeed fragile...

USD/JPY Climbed Its Way Up To A New 4-Month High

USDJPY was driven to a new four-month high of 100.92 yen by mid-European session trading, its highest since July 10. EURJPY also rose, peaking at 135.87 yen, just below a four-year high hit yesterday...

Forex Technical Analysis 21.11.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro completed its correction and right now is moving inside descending channel. We think, today price may consolidate at current levels and then break this descending channel to form the fifth ascending wave towards 1.3590...


Yen Tumbles To Lowest In 4-Months Against The US Dollar

The yen dropped to its weakest level in four months versus the broadly stronger US dollar in today Asian session...

Oil: Technicals point to possible break out

Oil futures, are one of the most popular futures for many traders, and traders are starting to watch, and wait, on heavy movements that are in the works for oil futures, as it starts to squeeze on technical trend lines...

Time for Draghi to awake the bears?

This coming Thursday, ECB president, Mario Draghi is set to speak regarding the EU economy. The EU has suffered over the previous month...


The Fed will be watching Retail Sales

The United States are due to release a high quantity of important data on Wednesday. From a distance, I think market eyes will be focused on the FOMC minutes, alongside the latest inflation reading. Existing home sales and mortgage application are also due to be released...

Euro Hits 4-Year High Against Yen

The euro hit a four-year high against the yen this morning, rising to 135.93, the highest since October 2009. What contributed to the yen’s weakness was data showing Japan’s trade deficit widened more than expected in October...

Dollar Struggles At 100 Yen Level, Focus Is Now On FOMC

Focus is on the FOMC minutes that are due later this evening, which will be a key driver of the US dollar...


  


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