Forex Market Analysis - Page 86

Pound lifted by higher services PMI data

The British pound was the biggest mover in the European session today, rallying against the US dollar and euro as well as against the yen...

Gold formed a reversal pattern and continues moving downwards

Euro finished a descending structure. We think, today the price may form a reversal structure for a new ascending movement to reach a new maximum...

Australian dollar boosted by retail sales

The Australian dollar was boosted by better-than forecast retail sales data, which lessens the possibility a rate cut by the Reserve Bank of Australia at its meeting tomorrow...

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Weekly Outlook. November 4, 2013

The Aussie dollar has fallen off recent highs after a strong sell off in commodity currencies, leaving the Aussie dollar looking incredibly weak...

Euro bounces on Eurozone data, sterling up after construction PMI

The euro was able to eke out some gains against the US dollar in the European session, bouncing off a recent six-week low...

AUD drops after RBA cautions on strong currency

The Australia dollar was soggy today after being hit lower on remarks from the Australian central bank. The Reserve Bank of Australia announced it left its key interest rate at 2.5 percent but said that the value of the currency is too high for a stable economic recovery...


Pound is still consolidating

Euro finished a descending structure. We think, today the price may form a reversal structure for a new ascending movement to reach a new maximum...

Euro finished a descending structure

Euro finished a descending structure. We think, today the price may form a reversal structure for a new ascending movement to reach a new maximum...

Euro extends losses over Euro zone concerns

Risk appetite during the Asian session today was low despite data showing an improvement in China’s manufacturing activity. However, market participants are being cautious trading in riskier assets as focus is back on the Euro zone...

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FTSE Futures Presents a Great Trading Opportunity

The FTSE 100 is presenting a great opportunity in the last few days as it has climbed rapidly to touch on a major resistance level at 6776.0...

Yen trims losses after BOJ policy announcement ( 31 Oct 2013 )

The yen gained against the euro and US dollar in today’s Asian session after the Bank of Japan announced it maintained its current monetary stimulus program...

Quantitative Easing Stays

Yesterday world financial markets finished predominantly with a slump. As such, in Europe Britain FTSE 100 grew 0.04 percent up to 6,777.70 points, Germany DAX 30 fell 0.13 percent down to 9,010.27 points, and France CAC 40 shed 0.09 percent down to 4,274.11 points...


Euro tumbles after weak inflation data

The euro took a tumble against the US dollar and the yen today as a result of weak data, especially CPI data released during the European session...

Forex Technical Analysis 31.10.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro is moving inside the descending channel; this movement may be considered as a correction towards the level of 1.3700. We can

Japan: Yen in motion

The Yen is looking like its going to run out of time in the next week and the FOMC meeting might be the catalyst to cause this triangle to break...

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Forex Technical Analysis 30.10.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro finished the correction. We think, today the price may continue growing up and each the target at the level of 1.3874. Later, in our opinion, the pair may start a more serious correction to return to the level of 1.3675 to test it from above...

A Little Rise on Markets

On Tuesday, stock markets closed mainly with a rise of major indices. Europe saw the British FTSE 100 go up by 0.73 percent to 6,774.73 points, the German DAX grow 0.48 percent up to 9,022.04 points and the French CAC 40 advance 0.62 percent up to 4,278.09 points...

US dollar jumps after US retail sales data

The US dollar gained strength in the European session, boosted further by stronger-than-forecast core retail sales data from the US for the month of September...


Wave Analysis 29.10.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY)

One of the possible scenarios implies that the pair completed a large horizontal triangle [B] and started a new mid-term ascending trend inside wave [C]...

Aussie tumbles after RBA Governor says currency is too high

The Australian dollar tumbled half a percent against the US dollar after comments by the Reserve Bank of Australia Governor Glenn Stevens...

Forex Technical Analysis 28.10.2013 (EUR/USD, GBP/USD, USD/CHF, USD/JPY, AUD/USD, GOLD)

Euro left its consolidation channel upwards. We think, today the price may continue growing up to reach the level of 1.3874, which is a local target of this ascending impulse...


EUR/USD is at 1.3820 so far. A correction may start at this level

Last Friday world financial markets closed mixed. In Europe, Britain FTSE 100 grew 0.12 percent up to 6,721.34 points, Germany DAX 30 gained 0.06 percent up to 8,985.74 points while France CAC 40 fell 0.08 percent down to 4,272.31 points...

The Unease Behind Japan Trade Deficit

Japan has recorded a trade deficit for the 15th consecutive month. Despite the Japanese economy expanding by an impressive 3.8% over the second quarter, such a large deficit is a high cause of concern for their economy...

AUDUSD Looking Strong - Technical View

The Aussie dollar is looking strong after touching on major support levels overnight. Recent heavy falling after yesterday


October Non-farm Payroll: What to Make of It

Last night Non-farm payroll data came in through with a hiss and a roar, and markets appropriately rallied against the USD as markets looked at the data as if the FED will be forced not to taper the current stimulus programme

Markets Are Falling, So is the Dollar

Mid-week the world financial markets closed mainly with a slump of major indices. In Europe, the British FTSE 100 fell 0.32 percent down to 6,674.48 points, the DAX 30 shed 0.31 percent down to 8,919.86 points, and the French CAC 40 dropped 0.81 percent down to 4,260.66 points...

Euro hovers at 2-year high, US dollar hit by higher jobless claims

The euro hovers at a two-year high against the dollar, recovering from a brief dip following Euro zone PMI business sentiment data for October which missed forecasts...


Euro hits new 2-year high above $1.38

Risk sentiment was boosted in the Asian session and euro and sterling rose against the dollar, while the safe haven yen weakened...

The Lasting Implications of the US Controversy

Despite the US saga concluding, the USD is continuing to decrease in value. Economists are now looking towards what longer term implications the shutdown may have on the US economy...

Euro falls from 2-year high against US dollar

The US dollar extended losses against the yen during the European session, still suffering losses following the disappointing US nonfarm payrolls report yesterday. However the greenback managed to eke out some gains versus the euro and sterling...


  


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