posted by
commodityblog
14 days ago
in USD, Fundamental, Daily
The Chinese yuan gained today on signs that the government is planning to ease control over the currency and allow capital to move more freely in and out of the country.
posted by
ewforecast
14 days ago
in Technical, Special, Trading Psychology
US and European stocks futures did not move much in the last few sessions so we will continue to look higher. We see room for further gains today as several market are still in fourth waves.
posted by
commodityblog
14 days ago
in GBP, Fundamental, Weekly
The Great Britain pound felt itself strong recently, but was a bit soft at the start of today’s trading session. Will the currency be able to maintain its rally this week?
posted by
abbyjoseph
15 days ago
in Daily
This morning, the Bureau of Labor Statistics (BLS) reported that the “official” unemployment rate in the U.S. economy decreased to 7.5% in April.
posted by
commodityblog
15 days ago
in USD, Fundamental, Daily
The Malaysian ringgit advanced today, posting the biggest gain since 2010, after the elections resulted in the government party securing a clear majority in the parliament. It should allow Prime Minister Najib Razak to continue with his reforms u
posted by
GAINSY
15 days ago
in EUR, Technical, Daily
EUR/USD: Intraday bias in EUR/USD stays neutral for the moment. As long as 1.2954 holds, rebound form 1.2746 is still in favor to continue and above 1.3242 will target 61.8% retracement of 1.3710 to 1.2746 at 1.3342...
posted by
GAINSY
15 days ago
in GBP, Technical, Daily
GBP/USD: Intraday bias in GBP/USD stays neutral for the moment. Above 1.5606 will bring another rally towards 61.8% retracement of 1.6380 to 1.4830 at 1.5788. But again, we're still treating rebound from 1.4830 as a correction...
posted by
GAINSY
15 days ago
in USD, Technical, Daily
AUD/USD: dips after retail sales reports today but stays above 1.0221 support and intraday bias remains neutral. As noted before, recent development suggests that fall from 1.0581 is not completed yet. Below 1.0220 will extend the decline and tar
posted by
FXTechstrategy
16 days ago
in EUR, Technical, Weekly
EURUSD: Though backing off slightly off its last week high, it looks to return to that level at 1.3242 level in the new week. Further out, resistance resides at the 1.3300 level
posted by
liorcohen
16 days ago
in Fundamental, Weekly, Oil
The underground natural gas storage (Billion Cubic Feet) rose again during last week by 2.48% or by 43 Bcf – a higher than anticipated rate; the storage reached 1,777 billion cubic feet for all lower 48 states; the current storage is 6.2% below t
posted by
FXTechstrategy
18 days ago
in EUR, Technical, Daily
EURJPY- The cross continues to consolidate suggestive of an eventual return to the 131.11 level on ending the mentioned consolidation.
posted by
GAINSY
18 days ago
in Fundamental, Weekly
The main economic release in the euro area within the next two weeks will be GDP numbers for Q1 13. We estimate that the euro area contracted 0.2% q/q in Q1 13...