The dollar comes into focus as we await tomorrows FOMC

March 18, 2014 Today has seen some large volatility on the back of tensions building in crimea, this risk off sentiment has seen EUR and GBP come under downside pressure across the board and we no look for the next direction going into tomorrow evenings FOMC meeting with Yellen. We are now approaching some key levels on the… View Article

Live coverage of Putin press conference on Savi Interactive Platform

March 18, 2014 Here is something that you could get from the Savi Interactive platform which is part of some of the services we provide: 11:11:48 {Denis} Will be 3 official languages in Crimean…Russian, Ukrainian and Crimean Tatar 11:12:23 {Denis} Crimea was always a part of Russia… 11:13:05 {Denis} Crimea was giving to Ukraine in 54 by Khrushchev…but… View Article

EURJPY HIGHER?

March 18, 2014 We have seen weaker than expected Eurozone ZEW data today at 1000 GMT (46.6 vs 53 exp). Eur crosses got sold off, and have bounced back close to pre ZEW levels. I feel EUR/USD still wants to push higher and like buying EURJPY on dips. The following trendline on the H4 chart has been respected,… View Article

USD Update – 18.03.14

March 18, 2014 Good morning, Lets go through some major dollar pairs for today. EURUSD seems like a buy on dips for me today. Topside resistance – 1.3950, 1.4000. Support levels 1.3920, 1.3880. We were looking to enter the market at 1.39 which we did about half an hour ago. The reason for this is the situation in Crimea… View Article