October 7, 2014
The Reserve Bank of Australia left the cash rate unchanged at 2.5 per cent, where it has been since last August. Little reaction from the markets, with AUDUSD sliding 30 pips south before holding at 0.8750. AUDJPY slipped 20 odd pips before hanging on to 95.40. Bank of Japan conference coming up next in 3… View Article
October 6, 2014
If we look now at the weekly Gold chart we can see it has the the previous two touch trend line and has since bounce 20 points. With this in mind this looks like a good set up for a long with a stop at 1150 targeting 1330 which is a good risk reward. Below… View Article
October 6, 2014
Just had some CAD data released, coming out better than expected. The number was expected at 53.0 and came out at an actual figure of 58.6 We can expect to see USD/CAD make a move on the down side.
October 6, 2014
ECB: Excess liquidity in the Eurozone rose to E131.664 billion in Friday from E130.608 billion in the night before according to latest ECB figure.
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