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FOREX

Technical analysis of EUR/USD for September...

Sep 21, 2014Comments off

When the European market opens, some economic news will be released such as German Buba Monthly Report, Consumer Confidence. The US will release economic data

Technical analysis of USD/JPY for September...

Sep 21, 2014Comments off

In Asia, Japan will not release any economic news but the US will release economic data such as Existing Home Sales. So there is a

This week expect less FX volatility

Sep 21, 2014No Comments

Forex News and Events: Expect Less FX Volatility Last week, FX traders were in heaven with a calendar packed full of risk events, providing plenty

Technical analysis of USD/JPY for Sep 19, 2...

Sep 19, 2014Comments off

Fundamental Overview: USD/JPY is expected to consolidate with bullish bias after hitting six-year high 108.96 on Thursday. USD/JPY is underpinned by the yen-funded carry trades

Technical analysis of USD/CHF for Sep 19, 2...

Sep 19, 2014Comments off

Fundamental Overview: USD/CHF is expected to consolidate in higher range after hitting one-year high 0.9433 on Thursday. USD/CHF is undermined by the weaker dollar sentiment,

Technical analysis of NZD/USD for Sep 19, 2...

Sep 19, 2014Comments off

Fundamental Overview: NZD/USD is expected to trade in higher range.It is supported by the weaker dollar sentiment (ICE spot dollar index last at 84.25 versus

Technical analysis of GBP/JPY for Sep 19, 2...

Sep 19, 2014Comments off

Fundamental Overview: GBP/JPY is expected to consolidate with bearish bias.It is supported by buoyant USD/JPY undertone and demand from Japan importers. GBP Loss is tempered

USD/CAD intraday technical levels and tradi...

Sep 19, 2014Comments off

The USD/CAD pair has been down-trending within the depicted bearish channel. This bearish trend started with retesting 1.1260 when bears initiated this extensive bearish impulse.

Intraday technical levels and trading recom...

Sep 19, 2014Comments off

The price zone of 1.3800-1.3880 (dotted on the chart) managed to pause the previous bullish momentum, thus initiating the current downtrend within the depicted bearish

Intraday technical levels and trading recom...

Sep 19, 2014Comments off

After testing price levels around 1.7180 in July, the bears initiated the manifested downtrend which is maintained within the depicted bearish channel. Despite the weekly