EURUSD

EUR/ USD Correction phase ; slopping upward 1.1210 On the short -term the market the market still ranging between 1.1000 and 1.1500 levels as awaiting a more data to decide the new mid-term direction. The market clearly…

Key Notes: UK, Rightmove HPI m/m -0.1% vs. 1.6% previously RBA deputy governor Lowe speech Japan core machinery orders m/m 2.9% vs. 1.7% Australia new motor vehicle sales m/m -1.5% vs. 0.7% previously Japan revised industrial…

EUR/ USD Correction phase ; slopping upward 1.1411 On the short -term the market the market still ranging between 1.1000 and 1.1500 levels as awaiting a more data to decide the new mid-term direction. The market clearly…

Mario Draghi’s speech last Thursday wasn’t a surprise giving the reminder message of QE, which in the ECB perspective, has the desirable effect in terms of calming the yields assault in public debt markets. The European Central Bank’s chief…

EURUSD (1.1421): On the weekly charts, price action showed last week closing on a bullish note following the previous week of indecision. Price opened this month below last month's low at 1.20018 and gapped down while the current month…

AUDUSD (0.801): The Australian Dollar continued its roller coaster ride as the currency touched a new high this week, briefly spiking above 0.8149. The currency however failed to keep up its bullish momentum and started to push lower.…

EUR/ USD Correction phase ; slopping upward 1.1359 On the short -term the market the market still ranging between 1.1000 and 1.1500 levels as awaiting a more data to decide the new mid-term direction. The market clear…

The EURUSD advance was temporarily disrupted in yesterday's session as the Unemployment Claims were reported down to 264k. This data came as a relief for the American dollar which is currently struggling at the three months low versus the…

Key Notes: New Zealand Business manufacturing index 51.8 vs. 54.6 previously New Zealand retail sales q/q 2.7% vs. 1.6%; core retail sales 2.9% vs. 1.5% UK RICS house price balance 33% vs. 22% Japan preliminary machine tool orders…

EUR/ USD Correction phase ; slopping upward 1.1418 On the short -term the market the market still ranging between 1.1000 and 1.1500 levels as awaiting a more data to decide the new mid-term direction. The market clear…