Today’s UK opening call provides an update on: US equity investors have high hopes ahead of the Fed press conference later; Nikkei benefits from weaker yen to trade almost 1.5% higher over night; Bernanke expected to ease concerns over..
A moderately busy week ahead in terms of economic events with the European and US economies taking the spotlight. Given the current volatility surrounding markets, economic events have somewhat taken a backseat to ongoing worries regarding..
The USDCAD pair has been trading in a textbook Elliot wave formation over the last nine months or so. The pair entered the corrective phase a few weeks ago and now appears to have completed the first impulsive wave (A) in the corrective..
The Australian and New Zealand dollars have both suffered significantly against the dollar over weeks, however taking a look at the AUD/NZD pair, it is interesting to note the weaknesses within the Australian currency far outweight the..
The swissy has been one of the standout performers in the currency markets over the last month or so, rallying more than 600 pips against the greenback before running out of steam over the last week or so. The rally appears to be far from..
EURUSD This pair has reached a key level over the last week around 1.3340, the 61.8% retracement of the move from this year’s highs to lows. A break above here would suggest that the pair has broken out of the recent downtrend, which..
Today’s UK opening call provides an update on: US investors optimistic ahead of Fed meeting; RBA meeting minutes hint at further rate cut; Putin continues to defend Assad at G8 summit; Focus on UK inflation data this morning. Investors..
S&P daily time-frame price action surged on Thursday but fell back on Friday last week. The trading range between 1600 (50 Day SMA) and 1650 levels are confirming important support & resistance levels. However, significant price..