It was only a month ago when we wrote about the too optimistic projections of the markets at large regarding EURUSD reaching parity. To be precise, in early March, 2015 we published our analysis "How low can the Euro go?" where, we… Read More
Key Notes:
RBNZ official cash rate, unchanged 3.5%
UK Gfk consumer confidence 4 vs. 5
New Zealand building consents m/m 11% vs. -6.5% previously
Japan preliminary industrial production m/m -0.3% vs. -3.4%
Australia import prices… Read More
With the major monetary policy decisions, the markets are likely to continue on the broad theme with the US Dollar likely to continue to post losses. Read More
Dow Jones: 17920
Equity on a bigger consolidation pattern
On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. in case now rate hike by the Fed.… Read More
GOLD 1205
Wide Range Market - breakout on the edge
On the Short-term ; the market has penetrated the short-term support area which is 1188 ; however , this breakout could not be trusted unless market would be traded below 1178.As we… Read More
Oil (5K) 59.20
Short-term Correction ;
On the short-term view ; the market has succeeded to continue pushing up the prices upwards gradually to approach the key resistance 56.50
Therefore, our bullish overview has been weakened… Read More
USD/JPY: 119.05
Japanese Yen consolidate further - breakout soon to catch up the market movement
as market has recorded a higher price over 120 yen per us dollar , the upward for the longer term view is more probable , however , the… Read More