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GBP/NZD 4H Chart: Channel Down
Wed, 17 Dec 2014 08:55:59 GMT
 
Since late September the pair has been falling with lower highs and lower lows. That also has resulted into a formation of a bearish channel. The trading range of the pattern >>
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CAD/JPY 1H Chart: Broadening Falling Wedge
Wed, 17 Dec 2014 08:55:42 GMT
 
The CAD/JPY reached the highest trading level this year at 106.54 on early December. However, the decline ever since then has pushed the pair into a broadening falling wedge pattern. Now >>
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GBP/USD hovers around 1.57
Wed, 17 Dec 2014 08:51:54 GMT
 
GBP/USD rebounded from Monday's dip by adding 0.71% yesterday, despite the UK's inflation falling to the lowest in 12 years. >>
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USD/JPY prolongs its decline to two days
Wed, 17 Dec 2014 08:51:42 GMT
 
USD/JPY prolonged its decline by falling 1.2% yesterday, as the pair continues its phase of correction. >>
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Gold remains supported by weekly S1
Wed, 17 Dec 2014 08:32:07 GMT
 
On Tuesday, the price of Gold was very volatile. During some points of time the bullion managed to climb even above the weekly pivot point, which is located at $1,215. >>
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USD/JPY underpinned by monthly PP
Wed, 17 Dec 2014 08:31:58 GMT
 
After a brief dip below the weekly S1 and monthly PP at 116.92/75 yesterday, USD/JPY rebounded above the support levels. >>
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GBP/USD tests monthly PP at 1.5756
Wed, 17 Dec 2014 08:31:49 GMT
 
The pair continue to hold its positions above the 1.57 level; however, at the same time its seems to be somewhat stuck between the weekly and monthly PPs. >>
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EUR/USD jumps above 1.25
Wed, 17 Dec 2014 08:31:40 GMT
 
Most traded currency cross on the FX market rebounded considerably on Tuesday, as the Euro surged above the monthly PP. >>
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Gold remains supported by weekly S1
Wed, 17 Dec 2014 07:52:39 GMT
 
Yesterday, the yellow metal was rather volatile in terms of price changes, as at first mostly negative data on European PMI indicators pushed the Gold to trade higher, while later >>
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EUR/USD jumps above 1.25
Wed, 17 Dec 2014 07:52:28 GMT
 
On Tuesday, the Euro traded in a mixed environment against the various currencies on the foreign exchange market. >>
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Morning Press Review
Wed, 17 Dec 2014 07:52:19 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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RBA keeps rate on hold, concerned about Aussie's strength
Wed, 17 Dec 2014 07:09:04 GMT
 
The Reserve Bank of Australia still believes that the nation's currency is too strong and that interest rates should be kept unchanged, rather than to be reduced further. >>
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Canada's manufacturing sales fall more than expected in October
Wed, 17 Dec 2014 06:58:04 GMT
 
Canada's manufacturing sales declined more than expected in October, dragged down by a fall in production of aerospace products, following a record increase in the preceding month. >>
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UK inflation declines further in November amid falling fuel prices
Wed, 17 Dec 2014 06:47:05 GMT
 
Britain's inflation slid to the lowest level in 12 years in November as falling fuel prices pushed down transport costs, while food prices declined. >>
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US housing starts and building permits decline in November, manufacturing activity slows
Wed, 17 Dec 2014 06:36:04 GMT
 
US housing starts and building permits dropped in November, but the underlying trend points to consistently improving housing market, albeit the recovery appears to be uneven. >>
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