Special Focus: USDCHF (Week Ahead)
USDCHF – Having backed off higher prices to close lower the past week, there is risk of further declines in the new week
Weekly Global market update, Monday 27 May best stock tips
Global market is different activity and market red & green trade show on Friday. Check out how the major global markets are faring.US Markets:- Dow Jones industrial average change up 0.06% at 15303.10, Nasdaq fall 0.01% at 3459.14, Dow future
Japanese Yen Gains amid Risk Aversion
The Japanese yen ended Friday with gains as risk aversion attracted investors to the perceived safety of the currency, allowing the yen to move away from multi-year lows that it has reached recently.
Gold & Copper Ends Friday with Losses
Gold dropped as positive data from the United States added to speculations that the Federal Reserve will trim its stimulus. Copper declined too.
Weekly Focus: Dark Clouds Over Global Markets
Eurozone core inflation was probably low again in May - though that will hardly cause the ECB to cut rates - while overall inflation most likely rose decently.
U.S. New Orders for Durable Goods Jump in April, but Shipmen
New orders for durable goods jumped 3.3% in April 2013 partially to retrace an upwardly revised 5.9% decline (was -6.9%) in March that in turn, followed an outsized 6.4% jump in February. Much of the increase in overall orders was concentrated in
Elliott Wave Forecast: USD/CAD - Hold long entered at 1.0260
Although the greenback retreated after rising to 1.0393 yesterday and minor consolidation below this level would be seen, reckon pullback would be limited to 1.0280 and bullishness remains for recent upmove to extend further gain, a break of said
US Session: Orders and Options Watch
EUR: The single currency jumped shortly after the release of better-than-expected German IFO data, however, offers from Asian sovereign names ahead of 1.3000 barrier capped euro's upside and sizeable sell orders are still noted at 1.2990-00 with
Ichimoku Signal Update: USD/CHF - Stand aside
Although the greenback has fallen again and broke below yesterday's low of 0.9634 and the decline from this week's high of 0.9839 may extend weakness to previous support at 0.9578, loss of downward momentum should prevent sharp fall below 0.9550
Ichimoku Signal Update: GBP/USD - Sell at 1.5180
Despite yesterday's initial fall to 1.5014, the subsequent rebound suggests consolidation above this level would be seen and near term upside risk remains for retracement to 1.5145-50 (50% Fibonacci retracement of 1.5282-1.5014), however, reckon
Daily Forecast: EUR/USD ; EUR/CHF ; EUR/GBP ; EUR/JPY
EUR/USD: Consolidation from 1.2796 is still in progress and intraday bias remains neutral. Another fall remains in favor and below 1.2796 will target 1.2746 first. Break will resume whole decline from 1.3710 support. Also, this will complete a he
Daily Forecast: GBP/USD ; GBP/JPY
GBP/USD: A temporary bottom is formed at 1.5013 in GBP/USD and intraday bias is turned neutral for some consolidations. But upside should be limited below 1.5281 resistance and bring another decline. Below 1.5013 will target retest of 1.4830 firs


