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Market News and Research

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USD/JPY breaks long term supports
Wed, 14 Feb 2018 10:14:22 GMT
SWFX market sentiment is 73% bullish (+3%) 53% (-5%) of pending orders in the 100-pip range are set to BUY >>
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Netanyahu: coalition government remains stable
Wed, 14 Feb 2018 09:33:50 GMT
On Wednesday, Israeli PM Benjamin Netanyahu stated that his government coalition remained stable, continuing to govern despite he was allegedly indicted for bribery. >>
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Mercedes-Benz to recall 1,480 cars in Russia
Wed, 14 Feb 2018 09:29:16 GMT
Daimler's Mercedes-Benz is planning to recall 1,480 V-Klasse minivans in Russia, sold in the 2014-2015 time period, amid a presumable fault with its driver's airbag. >>
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CHF/JPY 4H Chart: Possible breakout from triangle
Wed, 14 Feb 2018 09:26:23 GMT
The Swiss Franc has been trading in an ascending channel against the Japanese Yen after hitting the lower boundary of a dominant channel on January 10. >>
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AUD/JPY 4H Chart: Poised for 83.54
Wed, 14 Feb 2018 09:23:52 GMT
The bearish movement is dominating the AUD/JPY pair since late January. The currency pair breached the lower boundary of a dominant channel and is currently heading south.  >>
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Lotte's shares tumble amid chairman arrest
Wed, 14 Feb 2018 08:33:30 GMT
Shares in Lotte plunged more than 7% on Wednesday, following the arrest of its senior chairman Shin Dong-bin for bribery that frightened investors over leadership vacuum. >>
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South Korea's GM workers stage protest over plant closure
Wed, 14 Feb 2018 08:30:41 GMT
On Wednesday, General Motors' workers at the South Korean plant, which is set to be closed by May 2018, staged a protest, threatening a strike and calling the move "a >>
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NZD/USD: NZ Inflation Expectations
Wed, 14 Feb 2018 08:28:04 GMT
The Kiwi strengthened against the US Dollar after the Reserve Bank of New Zealand boosted its inflation expectations. >>
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GBP/USD is located slightly above 1.3850
Wed, 14 Feb 2018 08:02:10 GMT
The British Pound fell against the Greenback 10 points or 0.07%, following the UK CPI data release. >>
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EUR/USD trades near 1.2380 on Wednesday morning
Wed, 14 Feb 2018 07:55:56 GMT
The US government posted a $49B budget surplus in the month of January, the Treasury Department stated on Monday. >>
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China's lifts $2.5B for logistics arm
Wed, 14 Feb 2018 07:31:00 GMT stated on Wednesday that it had raised $2.5B for the logistics arm, as the e-commerce company aims to strengthen its position in the online retail sector in China and >>
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Japan Display posts consecutive net loss in Q4
Wed, 14 Feb 2018 07:24:37 GMT
On Wednesday, Japan Display reported a fourth straight net loss of $304M in the fourth quarter, as its biggest client Apple had lowered the orders for its OLED technology. >>
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XAU/USD breaches 200-hour from below
Wed, 14 Feb 2018 06:52:20 GMT
Contrary to expectations, the upper channel boundary and the 200-hour SMA near 1,330.00 did not provide enough resistance to pressure the rate south on Tuesday. >>
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USD/JPY plunges to yearly low
Wed, 14 Feb 2018 06:50:53 GMT
The strong bearish pressure that dominated the USD/JPY exchange rate on Tuesday continued to prevail in this session, as well. >>
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GBP/USD likely to respect junior channel
Wed, 14 Feb 2018 06:49:29 GMT
The Sterling closed the previous trading session by gaining 56 pips against the US Dollar. >>
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