The pace of growth in the US service sector moderated slightly in January 2013 as indicated by the ISM non-manufacturing index declining to 55.2 from the 10-month high of 55.7 recorded in the previous month. The decrease in the measure in January, however, was more modest than the decline to 55.0...
USD/CHF - 0.9095 Most recent candlesticks pattern : N/A Trend : Near term down Tenkan-Sen level :0.9095 Kijun-Sen level :0.9094 Ichimoku cloud top :0.9086 Ichimoku cloud bottom :0.90
GBP/USD - 1.5667 Most recent candlesticks pattern : N/A Trend : Near term down Tenkan-Sen level : 1.5729 Kijun-Sen level :1.5729 Ichimoku cloud top :1.5780 Ichimoku cloud bottom :1
EUR/USD – 1.3532 Most recent candlesticks pattern : N/A Trend : Near term up Tenkan-Sen level :1.3514 Kijun-Sen level :1.3520 Ichimoku cloud top :1.3626 Ichimoku cloud bottom :1.3612 Original st
USD/JPY – 93.43 Most recent candlesticks pattern : N/A Trend : Up Tenkan-Sen level : 92.82 Kijun-Sen level : 92.75 Ichimoku cloud top : 92.68 Ichimoku cloud bottom : 92.06 Original strategy : Exit shor
EUR/GBP – 0.8626 Recent wave: v of wave 3 has possibly ended at 0.8067 but wave 4 should hold below 0.9050 Trend: Up Original strategy : Sell at 0.8675, Target: 0.8565, Stop: 0.8720 Target: - New strategy : ... Are you interested? READ MORE
Phew, the EUR selling finally stopped! Many EUR longs were close to pulling the trigger and use their get out jail card, with promises of trading another currency that relies on the fundamentals rather than having to understand the Euro political and cultural dynamics so deeply. This morning, the...
EUR/USD – 1.3534 Original strategy : Sell at 1.3625, Target: 1.3490, Stop: 1.3660 Target: - New strategy : ... Are you interested? READ MORE
USD/JPY – 93.32 Original strategy : Sold at 93.50, Target: 92.50, Stop: 93.85 Short at 93.50 Target: - 92.50 93.85 New strategy : ... Are you interested? READ MORE
The risk appetite deteriorated overnight, as the concerns over the European stability revived. The corruption allegations against the Spanish PM Rajoy added to the uncertainty over the Italian elections right ahead. The European stocks slid to 2013-lows, the spread between the core and peripheral...
European equities kicked-off Tuesday's session in green as It seems that European economies are catching a breath again where manufacturing and service downturns is seen bottoming out. However concerns over Spanish and Italian political situation have raised fresh Eurozone uncertainties alongside...
Negative headlines on Spain and Italy provided the perfected trigger for a correction on the recent impressive rally of the euro. The likes of EUR/USD and EUR/GBP fell off a cliff as short-term players rushed to the exit. Today, the EMU PMI might bring some good news for Europe, but... READ MORE
The risk appetite deteriorated overnight as the concerns on the European debt crisis revived. The IMF stated that the Spanish economy and financial sector represent elevated risks, while EC put pressure on Spain to fully implement the restructuring of state-aided banks. The final touch has been the
GBP/USD - 1.5778 Original strategy : Sold at 1.5800, Target: 1.5700, Stop: 1.5835 Short at 1.5800 Target: - 1.5700 1.5835 New strategy : ... Are you interested? READ MORE
EUR/USD – 1.3534 Original strategy : Sell at 1.3575, Target: 1.3430, Stop: 1.3610 Target: - New strategy : ... Are you interested? READ MORE
USD/JPY – 92.82 Original strategy : Sell at 93.50, Target: 92.50, Stop: 93.85 O.C.O. Buy at 91.70, Target: 92.70, Stop: 91.35 Target: - New strategy : ... Are you interested? READ MORE
The euro (EUR) slid against the US dollar (USD) to 1.3477 without any support after failing to push above 1.3700. The single currency has approximately decreased one percent as political turmoil in the continent is proving detrimental to the confidence created. Silvio Berlusconi once more appeare...
Uncertainty is back to dominate the political arena in Europe more renewed tension in Spain and Italy. Markets will start the day with a somewaht fresh economic agenda featuring the services PMI data from the eurozone, while companies continue to report fourth-quarter earnings. Markit Economic is s
German Chancellor Angela Merkel told Spain`s Prime Minister Mariano Rajoy on Monday she has full confidence in his government`s continued efforts to push through reforms needed to overcome the economic crisis. 'We have a relation of full trust in the Spanish government,' Merkel told a joint news ...
On the economic front, the seasonally adjusted merchandise trade deficit in Australia narrowed to AUD427.0 million in December, compared to a revised deficit of AUD2788.0 million reported in the previous month. Moreover, the Australia Industry Group’s performance of service index rose to a read...