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China’s bounce-back from its soft landing in the middle of 2013 has continued apace with both imports and exports cracking higher in December. Exports rose by 14.1% compared to a year earlier,...
News And EventsChinese data surprised the markets positively in this session, as the trade balance came out at $31.6bln (Reuters poll $19.7bln) much better than expected. And not only exports have...
Autochartist recently identified the horizontal Key Resistance Level 0.8360 on the daily NZD/CAD charts. The length of this Key Level is equal to 272 candles. Autochartist rates the Significance of...
USD/JPY Open 88.11 High 88.31 Low 86.82 Close 87.84On Wednesday USD/JPY increased with 135 pips, recovering from earlier week's losses. The currency couple appreciated from 86.82 to 88.19 yesterday,...
Recap: All and all another profitable day yesterday for us but the markets lacked any sort of conviction in their movements, meaning that our gains were small.Our EU short was triggered on the support...
The U.S. dollar rallied following bearish comments by the Federal Reserve along with a surge in speculation that European and British central banks may increase monetary easing at some point in the...
Chinese Trade comes in strongChinese trade data handily beat expectations spurring a strong rally in risk assets in Asian session trade as it pushed AUD/USD through the key 1.0550 resistance level....
U.S. Dollar Trading (USD)It is a relatively quiet day on the markets with small gains in US stocks keeping a nascent dollar rally in check throughout the New York session. USD/JPY was the exception...
Dollar Suffers as Quiet Markets Bolster Carry AppetitesThe Dow Jones FXCM Dollar Index advanced for the first time in three days, but the absence of a supporting fundamental drive meant its...
GBP/JPY Daily OutlookDaily Pivots: (S1) 139.78; (P) 140.40; (R1) 141.41GBP/JPY's consolidation from 142.37 is still in progress and intraday bias remains neutral for some more sideway trading....
EUR/USDTrading range: 1.3030 - 1.3130Trend: UpwardBuy at 1.3042 SL 1.3010 TP 1.3119USD/JPYTrading range: 87.90 - 88.90Trend: UpwardBuy at 88.04 SL 87.72 TP 88.76GBP/USDTrading range: 1.5995 -...