In equities: European markets have entered the meat of their FY09 earnings season with the heavy hitting French names providing reports. Air France [AF.FR], reporting after the close yesterday, set a negative tone for the airline sector with its 6 Vote(s) Read More European Market Update 2 11 10
Posted in FX News | Tagged 21110, european, market, update |
From current levels, 1.5674, the pair finds initial resistance at 1.5740, followed by 1.5800, and 1.5866. Read More GBP USD drifting lower as it awaits BoE report
Posted in FX News | Tagged as, awaits, boe, drifting, gbpusd, it, lower, report |
Asian equity markets are higher across the board despite the mild caution in the US markets, with gains extending after strong Australian jobs data and mild Chinese consumer inflation in January. Sydney’s S&P/ASX is up nearly 1.0%, while Hong Kon 6 Vote(s) Read More Asian Market Update 2 11 10
Posted in FX News | Tagged 21110, asian, market, update |
From current levels, 1.3768, the pair finds initial resistance at 1.3805, followed by 1.3858, and 1.3932. Read More EUR USD regains 13700 caution prevails
Posted in FX News | Tagged 13700, caution, eurusd, prevails, regains |
URUSD: We continue to see downside risk while the pair trades below its July’09/Feb 01’10 lows at 1.3831/51 or even the 1.4025/28 levels, its Jan 21’10 low/Feb 03’10 high. This suggests that as EURUSD continues to hesitate at the 1.3733/47 levels 6 Vote(s) Read More TEN Exclusive EURUSD Downside Risk While Trading Below Th
Posted in FX News | Tagged below, downside, eurusd, exclusive, risk, ten, th, trading, while |
AUD/USD reached first resistance at 0.8845 and is now looking to test 0.8918. Pre-London target Read More AUD USD Limit Sell 08948
Posted in FX News | Tagged 08948, audusd, limit, sell |
?With the 4H price action confirming bearish outlook, the daily time-frame shows a swing projection to near the 0.84 area. The stochastic is rolling and crossing over from overbought and also signals at least short-term bearish outlook? 5 Vote(s) Read More Daily Technical Update EUR GBP Completed Bearish Gartley
Posted in FX News | Tagged bearish, completed, daily, eurgbp, gartley, Technical, update |
U.S. copper futures climbed as much as 2.4 percent Thursday morning, as encouraging labor market data, Greek bailout optimism, and Chinese inflation data out-weighed the bearish impact of a stronger dollar. 5 Vote(s) Read More US copper stretches higher on Greek bailout, China
Posted in FX News | Tagged bailout, china, copper, greek, higher, on, stretches, us |
On the topside, resistance comes in at 1.3800. Read More EUR USD holds 13800 resistance awaits EU decision
Posted in FX News | Tagged 13800, awaits, decision, eu, eurusd, holds, resistance |
Read More USD CAD Classical 0211
Posted in FX News | Tagged 0211, classical, usdcad |