2017

BoJ votes 8 - 1 to keep monetary policy steady. Central bank keeps the main interest rates unchanged at -0.10% Japanese Government bond yields target remains unchanged at 80 trillion yen. BoJ signals optimism as it expects…
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The markets will be looking to a short trading week as the holiday season kicks in. Economic details are sparse with not many market moving events lined up over the week. Trading volumes are also expected to remain light which could see…
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Dow managed to hold trades above support 24670 as we advised yesterday, where managed to head toward resistance 24850 As long as market holding below 24850 another drop wave may hit the market toward 24500-30 as we see over the chat…
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As we advised last week and as we see over our previous chart Gold managed to head for rebound correction which is the first after market break throw below 1260 Gold facing resistance level at 1265-70 where as long as market holding…
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As we advised before, Oil managed to hold trades inside trading zone between 54.80 and 58.70 As we see over the chart , market closing from resistance zone 58.40-70 where as long as market holding below another drop wave toward…
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As we advised yesterday and as we see over our previous chart USDJPY managed to break above 112.90 where market managed to close from target 113.70 As we see over the chart, as long as market holding below 113.75 the chance for…
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As we advised before and as we see over our previous chart British Pound still moving inside tight trading zone where as long as market holding below resistance 1.3415-25 another drop wave to re-test 1.3300-20 zone is expected Above…
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The euro declined after Catalan separatists won a regional election in Spain Market managed to hit below 1.1830 which may activate farther drop movement as we advised yesterday As long as market holding below 1.1860 another drop wave…
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NZDUSD intra-day analysis NZDUSD (0.7016): The New Zealand dollar continues to consolidate around the 0.7000 level. Following the decline to 0.6950, the NZDUSD is attempting to retest the previous highs. A breakout above this level could…
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USDJPY intra-day analysis USDJPY (113.31): The USDJPY stalled its two day winning streak with price action forming a doji pattern near the previous highs. This potentially suggests a decline in the near term on a bearish close. Support…
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