posted by
aussiemarket
344 days ago
in AUD, NZD, Inflation
Yesterday’s NBNZ business survey was just as awful as February’s edition. The lack of any green shoots of recovery whatsoever will surely disappoint those hoping the worst is behind us.
posted by
ooogleemooglee
637 days ago
in Fundamental
Tuesday, official data revealed a rebound in machinery orders in the world's second largest economy. According to a report from Japan's the Economic and Social Research Institute, machinery orders grew 5.5% month-on-month in April, after a two-mon...
posted by
ooogleemooglee
635 days ago
in Technical, Daily
EUR/USD The pair has set a local top at 1.5844 completing the corrective structure from 1.5283. Technical indicators are falling. The 50- day SMA is currently projected at 1.5638...
posted by
wiredprg
632 days ago
in Technical, Daily
EUR/USD Open 1.5375 High 1.5474 Low 1.5312 Close 1.5386 After dropping down to 1.5312 on Friday, the Euro made a little recovery against the US Dollar, reaching 1.5424 this morning. First resistance for the currency couple today is the top from 12...
posted by
wiredprg
632 days ago
in Daily
EUR/USD Today#700;s support: - 1.5457, 1.5434 and 1.5410(main), where correction is possible. Break would give 1.5392, where correction also may be. Then follows 1.5375. Break of the latter would result in 1.5360. If a strong impulse, we would se...
posted by
Forex
570 days ago
in JPY, GBP, Technical
EJ: Daily continues to show bearish movement as momentum remains down but stochastic is higher. break above 163.39 could see retracement in progress with further upside resistance at 164.65/70. Downside support at last week's low before 160.83.
posted by
wiredprg
552 days ago
in Weekly
The call for JPY appreciation has been one of our strongest forecasts since late 2007, as we expected the global financial crisis and unwinding of leveraged carry trades against a backdrop of JPY undervaluation to support the currency. So far in 2...
posted by
johntrader
202 days ago
in Special
This article explains the benefits and the risks in using Forex robots.
posted by
wiredprg
552 days ago
in Fundamental, Daily
Two traders associated with Credit Suisse (CS) have been charged with defrauding customers, the Securities and Exchange Commission announced Wednesday. The SEC is alleging that Julian Tzolov and Eric Butler deceived their customers while at Credi...
posted by
wiredprg
552 days ago
in Fundamental
Thursday, Italian research institute ISAE reported that the confidence indicator for the service sector rose to 7 in August from minus 8 in July. The July reading was the weakest since January 2003....
posted by
LadyGodiva
273 days ago
in USD, CAD, Technical
Yesterday’s candle on the daily chart for the dollar to cad pair was hardly a ringing endorsement of the bearish signal discussed in yesterday’s market commentary, which nevertheless closed the day lower but with wicks to both top and bottom.
posted by
papsmir
37 days ago
in USD, Agriculture
Wheat rose the most in three weeks as a drop in the dollar boosted the appeal of commodities, including crops. Corn and soybeans also gained.