Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 GBP/JPY (172.560) The Sterling has been pulling back versus the yen. This was expected and we are now testing support near ¥172.20. If we have a move, and daily close, below the congestion area …
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APEC Economy Released Data Showing Expansion
0.0 00 CupO’Forex Daily Forex Technical Analysis – September 3, 2014 Good morning, this is your Daily Video Analysis for Wednesday the 3rd of September. It is all about the Pacific Rim and Asian economies today. …
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Forex Technical Analysis: Yen Goes Below ¥105
0.0 00 USD/JPY (¥105.69) After Prime Minster Shinzo Abe announced his new cabinet, the yen fell off below ¥105 and is still probing that level. The announcement was all over the news as the government sent …
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Economic Analysis: Crude Prices Fall but Libya Threatens Output
0.0 00 On Monday, the price of Brent crude fell as we saw manufacturing growth slowing in the European Union (EU) and with China. This is a time when supply remains high and we have production …
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Daily Market Technical Analysis: The S&P Falter Above 2,000
0.0 00 S&P 500 (2,002.28) The Standard and Poor’s 500 seems to be hesitating quite a bit above that key technical level at 2,000. Should we reverse lower, we see near term support at 1,990 then …
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Daily Forex AUD/USD Analysis
0.0 00 CupO’Forex Daily Forex Technical Analysis – September 2, 2014 Yesterday, we spoke about the slowing Chinese economic data as well as the continuing stagnating EU economic data leading to possible deflation. Today we will …
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Forex Technical Analysis: The Canadian Dollar Assaults 1.09
0.0 00 USD/CAD (1.09055) The Canadian Loonie is making another assault at the key technical level of 1.09. This comes after, looking at our daily chart, the formation of a bullish hammer candlestick. The market needs …
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Forex Technical Analysis: The Sterling Overlooks Data
0.0 00 GBP/USD (1.65271) The Markit/CIPS construction PMI was released in the United Kingdom earlier. It rose faster to 64 up from 62.4 reported in July. This is the biggest acceleration in eight months. Market expectations …
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Forex Trading Strategy: Euro Continues to Push Lower
0.0 00 The Euro continues to sink against the U.S. Dollar. Price is trading just above the key technical support level at 1.31 with the next support level lining up at 1.3065. A break below 1.3065, especially …
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Economic Analysis: Australia Leaves Rates As Is… but
0.0 00 A short time ago, the Reserve Bank of Australia (RBA) announced they would leave its key interest rate at the record low of 2.5 percent. There has been no change since it was set …
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