Market Review 24.01.2013
The Australian dollar saw significant gains against the JPY last night, following the release of positive Chinese manufacturing data which boosted investor confidence in the global economic recovery....
View ArticleMarket Trends 24.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1666.47 Resistance- 1693.29 Silver- May see downward movement today Support- 30.97...
View ArticleMarket Review 25.01.2013
Renewed speculations that the Bank of Japan will initiate fresh monetary easing measures kept the USD/JPY well above the 90.00 level during Asian trading last night. The pair is currently trading at...
View ArticleMarket Trends 25.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1663.24 Resistance- 1685.74 Silver- May see upward movement today Support- 31.41...
View ArticleMarket Review 28.01.2013
The euro saw a minor downward correction against the US dollar during overnight trading, but remained within reach of its recent 11-month high of 1.3477. The euro’s recent bullish run has been...
View ArticleMarket Trends 28.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see downward movement today Support- 1642.42 Resistance- 1671.98 Silver- May see downward movement today Support- 30.22...
View ArticleMarket Review 29.01.2013
An increase in Australian business confidence led to investor risk taking during overnight trading, which boosted higher-yielding assets. The AUD/USD gained close to 40 pips to reach as high as...
View ArticleMarket trends 29.01.2013
Hey Everyone, Below are some market trends for today. Good luck! -Dan Gold- May see upward movement today Support- 1651.45 Resistance- 1671.31 Silver- May see upward movement today Support- 30.22...
View ArticleMarket Review 30.01.2013
The EUR/USD shot up to a 14-month high in early morning trading today, as investor confidence in the euro-zone economic recovery continues to boost riskier assets. The pair, which is currently trading...
View ArticleMarket Review 31.01.2013
The euro traded just below a 14-month high of 1.3586 against the US dollar during overnight trading last night, after the Fed decided yesterday to leave their policy of monetary easing in place....
View ArticleMarket Review 01.02.2013
The EUR/USD shot up to a 15-month high during the Asian session last night, as confidence in the euro-zone economic recovery continued to generate risk taking among investors. Meanwhile, the Japanese...
View ArticleMarket Review 17.01.2013
A worse than expected Australian jobs report caused the AUD to turn bearish during Asian trading last night, while crude oil gave up some of its recent gains following a lower than expected US Crude...
View ArticleMarket Review 18.01.2013
Renewed speculations that the Bank of Japan is getting ready to initiate new monetary easing policies resulted in the yen falling to a fresh 2 ½ year low against the USD during overnight trading....
View ArticleMarket Review 21.01.2013
The USD/JPY hit a fresh 2 ½ year high when markets opened for the week last night, as investors eagerly await tomorrow’s Bank of Japan decision on additional steps to increase inflation. The pair...
View ArticleMarket Review 23.01.2013
The yen extended its bullish run against both the US dollar and euro last night, following the Bank of Japan’s decision earlier in the week to initiate weaker than expected monetary easing steps. The...
View ArticleAUD/NZD Breaches Consolidation Trend
The recent trend which has been forming on the AUD/NZD daily chart appears to have come to an end today. After a month of consolidating towards the 1.2400 price level, the New Zealand Dollar (NZD)...
View ArticleAUD Expected to Recover Versus Canadian Dollar
After a rough month, the Australian Dollar may be finally on the path to recovery versus its counterparts as the release of better than expected economic data in the U.S and Australia seem to have...
View ArticleAussie Climbs to 4-Week High on Risk Appetite
The Australian dollar, nicknamed the Aussie, advanced as gains in commodities and Asian stocks revived demand for higher-yielding currencies. The AUD also gained more than one percent on the...
View ArticleEUR/AUD – Short-Term Buy; Long-Term Sell
The euro has been losing ground against the Australian dollar (AUD) for more than a year now, but we have been seeing signs of a pause at the current level, near a price of 1.4500. Traders who were...
View ArticleWill the Bank of Japan Intervene in the Currency Market?
The US dollar’s resurgence in today’s early morning hours has led to a number of significant support levels on USD crosses being tested. The EUR/USD pair has dipped towards the 1.2790 support line,...
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