April 9, 2014
Today at 19.00BST/10.00ET we have the release of the FOMC Minutes from the March 18th-19th meeting. Analysts across the board are looking for a number of things from the minutes Unemployment – desks are expecting some members to talk about the weakness being down to adverse weather conditions and suggesting that initial readings do tend… View Article
April 9, 2014
Dow Jones reports that Josef Bonnici, a member of the EBC’s governing council, told The Wall Street Journal that the central bank could be forced to act should the EUR strengthen further. He said it could use a variety of instruments to do so, including QE. “If the exchange rate keeps behaving as it is,… View Article
April 9, 2014
EURUSD has squeezed out the shorts and is now trading around the key resistance of 1.38. On the break of that expect it to push up to the next resistance of 1.3850. On the downside the support comes in at 1.3750 and then 1.37. We don’t expect major movement here prior to the FOMC minutes…. View Article
April 9, 2014
After recent local elections in Turkey, the TRY continued to bearish against GBP. On the support level, it has touched 2nd time, and started to bounce upwards, which is suggesting a buy signal. T/P will be on top of Resistance line and S/L will be below the Support line.
April 9, 2014
USD/CAD has been in a steep down trend on the H4 as of recently but this is potentially the end as it has now reached a big level and seems to be holding. The daily chart still holds an up trend and this could be a good buy on a pull back. It has been… View Article
April 9, 2014
Well yesterday saw the Yen take on the US Dollar, which was a theme for most major currencies too. The pair moved to the bottom of the recent daily range. The talk from Kuroda was cool, calm and collected while the uncertainty in the FOMC seems to have starved the US Dollar of any power…. View Article
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