The confidence in USD could be transposed on the market by the EURUSD testing the 1.0760 support level if the dollar gets through the FOMC meeting today. Read More
From a longer term perspective, USD declines offer a much needed correction to the uptrend considering the sharp rally in the US Dollar Index Analysis. Read More
The Forex daily summary for 7 April features Australia AIG retail services index, Australia retail sales, Eurozone Sentix investor confidence and more Read More
Dow Jones: 17804
Equity on a bigger consolidation pattern - with upward slope
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… Read More
GOLD 1208
Wide Range Market - Consolidation Pattern
On the short term , the market still ranging between wide levels 1185/1225 - yesterday up move has not been sustained and awaited more confirmation for that move - with down move is… Read More
Oil (5K) 51.40
consolidation and near to reverse- awaiting the confirmation
On the short-term view ; we have mentioned earlier on our reports that the market is trading between 50s and 47s levels ; any successful breakout would… Read More
USD/JPY: 119.90
Japanese Yen consolidate further - the safe Haven on geopolitical risk
as market has recorded a higher price over 120 yen per us dollar , the the upward for the longer term view is more probable , however , the market… Read More
GBP/USD:
1.4855
Wide range market
On the short-term ; the market is clearly on a range market trading between , 1.50 and 1.47 levels ; any breakout the move would be fast and strong targeting 500 pips on the mid-term. Most of the… Read More