posted by
GAINSY
33 minutes ago
in USD, AUD, Fundamental
For the 24 hours to 23:00 GMT, AUD weakened 1.57% against the USD to close at 0.9664, after minutes from the latest US Federal Reserve meeting indicated that few policy makers were open to tapering large-scale asset purchases as early as at the J
posted by
GAINSY
35 minutes ago
in USD, GBP, Fundamental
For the 24 hours to 23:00 GMT, GBP fell 0.83% against the USD and closed at 1.5034, after retail sales in the UK fell below market expectations, dropping 1.3% (MoM) in April, following a revised 0.6% fall recorded in the previous month.
posted by
GAINSY
37 minutes ago
in Technical
EUR: The single currency has continued to move higher on dollar's broad-based weakness and offers at 1.2880, 1.2900 and 1.2920 were filled, however, sell orders are still noted at 1.2930 and also at 1.2950-60, followed by mixture of offers and st
posted by
GAINSY
39 minutes ago
in Technical
EUR: Despite surging to 1.2998 yesterday on initial dovish remark from Bernanke in yesterday's testimony, the single currency reversed from there as he said the Fed could ease back bond purchases in the forthcoming FOMC meetings, a low of 1.2821
posted by
GAINSY
41 minutes ago
in USD, Technical, Daily
USD/CHF: Intraday bias in USD/CHF remains neutral for the moment and some more consolidations would be seen below 0.9838. Consolidation should be relatively brief as long as 0.9578 support holds. Above 0.9838 will extend rebound from 0.9021 towar
posted by
Develt
43 minutes ago
in JPY, GBP, Technical
As it is a triangle in shape a pennant has two converging trendlines. This shows that prices are consolidating after a previous move and now the range inside the pennant is narrowing putting pressure for price to go out of the pattern and continu
posted by
GAINSY
45 minutes ago
in JPY, Technical, Daily
EUR/JPY drops sharply to as low as 129.95 so far today and the break of 131.00 indicates short term topping on bearish divergence condition in 4 hours MACD. Intraday bias is back on the downside for pull back , possibly to 55 days EMA (now at 127
posted by
ananais
48 minutes ago
in Analysis, Economic Indicators
Despite the united efforts of the government and the National Bank, the economy grows very slowly. Belarus remains the economic wonderland. But if several years ago the growth rates were miraculous, today the miracle is the absence of growth under the ...
posted by
GAINSY
51 minutes ago
in JPY, Technical, Daily
Yen and Swiss Franc rose sharply today on risk aversion. Nikkei plunged -1143 pts, or -7.32%, the sharpest fall in two years, as 10 year JGB yield jumped above 1% level for the first time in a year. Tokyo stock exchange has temporarily suspended
posted by
GAINSY
1 hour 10 minutes ago
in EUR, GBP, Technical
Although yesterday's rally to 0.8590 suggests low has possibly been formed at 0.8398 earlier last month and consolidation with upside bias remains for gain to 0.8600-10, break of previous resistsance at 0.8637 is needed to signal early fall from
posted by
GAINSY
1 hour 13 minutes ago
in USD, CAD, Technical
Although the greenback has retreated after rising to 1.0393 earlier today and minor consolidation below this level would be seen, reckon pullback would be limited to 1.0300 and bullishness remains for recent upmove to extend further gain, break o
posted by
GAINSY
1 hour 16 minutes ago
in EUR, JPY, Technical
Despite yesterday's rally to 133.82, the subsequent reversal from there together with the break of support at 130.93 confirm a temporary top has been formed there and consolidation with mild downside bias is seen for retracement of recent upmove,