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  #1  
Old 05-10-2012, 06:55
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Default Market outlook from Tradingforex

05/10/2012
The Bank of Japan held off from more easing after adding to stimulus last month, preserving its policy firepower despite increased political pressure and signs of an economic contraction. The BOJ kept its asset-purchase fund, the main policy tool amid near-zero rates, at 55 trillion yen ($700 billion), the bank said in a statement in Tokyo today. Attention now turns to the next meeting on October 30 as Morgan Stanley and Credit Suisse AG forecast two straight quarters of economic contraction through year-end. Economy Minister Seiji Maehara attended today’s central bank meeting, the first minister to do so for over nine years, adding to pressure on BOJ Governor Masaaki Shirakawa. Japan’s central bank kept its benchmark interest rate between zero and 0.1 percent and monthly bond purchases at 1.8 trillion yen.
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  #2  
Old 12-10-2012, 07:43
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Default Market outlook from Tradingforex

EUR/USD was trading at 1.2939, up 0.09% at time of writing.
The pair was likely to find support at 1.2932, today’s low, and resistance at 19.3300, Monday’s high.

EUR/GBPwas trading at 0.8066, up 0.09% at time of writing.
The pair was likely to find support at 0.8023, Thursday’s low, and resistance at 0.8099, Tuesday’s high.

USD/JPY was trading at 78.40, up 0.08% at time of writing.
The pair was likely to find support at 77.95, Thursday’s low, and resistance at 78.71, Monday’s high.

EUR/JPY was trading at 101.54, up 0.27% at time of writing.
The pair was likely to find support at 100.15, Thursday’s low, and resistance at 102.45, Monday’s high.
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  #3  
Old 15-10-2012, 07:06
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Default Market outlook from Tradingforex

EUR/USD was trading at 1.2957, up 0.03% at time of writing.
The pair was likely to find support at 1.2824, Thursday’s low, and resistance at 1.3015, Monday’s high.

GBP/USD hit 1.6020 on Tuesday, the pair’s lowest since September 11; the pair subsequently consolidated at 1.6064 by close of trade on Friday, down 0.41% on the week.

AUD/USD hit 1.0292 on Thursday, the pair’s highest since October 2; the pair subsequently consolidated at 1.0230 by close of trade on Friday, still up 0.74% for the week.
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  #4  
Old 16-10-2012, 07:43
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Default Market outlook from Tradingforex

GBP/USDhit 1.6022 during U.S. morning trade, the daily low, the pair subsequently consolidated at 1.6053, edging down 0.14%.
Cable was likely to find support at 1.5983, Thursday’s low and resistance at 1.6141, the high of October 8.

EUR/USD pulled back from 1.2979, the session high, to hit 1.2938 during U.S. morning trade, slipping 0.11%.
The pair was likely to find support at 1.2824, Thursday’s low and resistance at 1.2990, Friday’s high.

USD/CHF hit 0.9372 during European late morning trade, the daily high; the pair subsequently consolidated at 0.9333, easing up 0.01%.
The pair was likely to find support at 0.9307, the low of October 12 and resistance at 0.9384, the high of October 4.
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  #5  
Old 19-10-2012, 08:03
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Default Market outlook from Tradingforex

EUR/USD was trading at 1.3074, up 0.05% at time of writing.
The pair was likely to find support at 1.2890, Monday’s low, and resistance at 1.3139, Wednesday’s high.

GBP/USD was trading at 1.6058, up 0.08% at time of writing.
The pair was likely to find support at 1.6022, Monday’s low, and resistance at 1.6178, Wednesday’s high.

USD/JPY was trading at 79.30, up 0.04% at time of writing.
The pair was likely to find support at 78.33, Monday’s low, and resistance at 79.45, Thursday’s high.
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  #6  
Old 23-10-2012, 08:46
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Default Market outlook from Tradingforex

EUR/USD was trading up 0.11% at 1.3073, up from a session low of 1.3020, and off from a high of 1.3083.
The pair is likely to find support at 1.3016, Monday's low, and resistance at 1.3129, Thursday’s high.

USD/JPY was trading at 79.88, down 0.08%, up from a session low of 79.84 and off a high of 79.99.
The pair was likely to find support at 79.22, Monday's low, and resistance at 80.01, Monday's high.

GBP/USDpulled away from 1.6051, the session high, to hit 1.6027 during U.S. morning trade, still up 0.16% for the day.
Cable was likely to find support at 1.5989, the session low and a seven-day low and near-term resistance at 1.6065, Friday’s high.
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  #7  
Old 25-10-2012, 07:53
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Default Market outlook 10/25/2012

Currencies
EUR/USD The dollar gained 0.1 percent to $1.2974 per euro at 5 p.m. New York time and touched $1.2921, the strongest level since Oct. 15. It was little changed at 79.81 yen. Europe s shared currency fell 0.1 percent to 103.54 yen.

USD/JPY Japan ’s currency fell 0.2 percent to 79.98 per dollar as of 1:44 p.m. in Tokyo from the close in New York, nearing the three-month low of 80.01 reached on Oct. 23. It dropped 0.3 percent to 103.81 per euro. The 17-nation euro fetched $1.2980 from $1.2974 yesterday, when it reached $1.2921, the weakest level since Oct. 15.

GBP/USD Pound Sterling gained 0.7 percent to 80.89 pence per euro at 4:23 p.m. London time, posting the steepest intraday advance since July 5, after reaching 81.65 pence on Oct. 22, the weakest since June 11. Sterling rose 0.4 percent to $1.6023.
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  #8  
Old 26-10-2012, 07:20
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Default Market Outlook 10/26/2012

Currencies
GBP/USD The pound climbed the most in three weeks against the dollar after Britain’s economy expanded by more than analysts forecast in the third quarter, pulling the nation out of a recession.
The pound added 0.6 percent to $1.6128 at 4:21 p.m. London time, after rising as much as 0.7 percent, the steepest gain since Oct. 4.
USD/JPY The dollar may strengthen to a six- month high against the yen should it break through a level of so-called resistance, Credit Suisse Group AG said, citing trading patterns.
The dollar gained 0.5 percent to 80.20 yen at 4:15 p.m. London time, extending this month’s advance to 2.9 percent. The U.S. currency last traded at 81.49 yen was on April 25.
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  #9  
Old 29-10-2012, 08:39
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Default Market Outlook 10/29/2012

Currencies
USD/JPY The yen fetched 79.68 per U.S. dollar as of 3:04 p.m. in Tokyo after rising 0.8 percent to 79.65 on Oct. 26, the largest gain since Aug. 22. It was at 102.99 per euro following a 0.2 percent advance last week to 103.05. Europe’s shared currency lost 0.1 percent to $1.2926.
AUD/USD The Australian dollar dropped 0.2 percent to $1.0354 as of 4:19 p.m. in Sydney from the close on Oct. 26. It bought 82.46 yen from 82.62. The New Zealand dollar, nicknamed the kiwi, slid 0.2 percent to 82.09 U.S. cents. The currency weakened 0.2 percent to 65.40 yen.
Commodities
Gold for immediate delivery climbed as much as 0.3 percent to $1,716.05 an ounce and was at $1,715.26 at 1:54 p.m. in Singapore. Bullion for December delivery rose as much as 0.3 percent to $1,716.70 an ounce on the Comex, and was at $1,715.90. The U.S. securities industry canceled all stock trading as Hurricane Sandy headed toward New York City.
Crude oil for December delivery gained 23 cents, or 0.3 percent, to settle at $86.28 a barrel on the New York Mercantile Exchange. Prices fell 4.8 percent this week and are down 13 percent this year.
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  #10  
Old 01-11-2012, 09:17
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Currencies USD/CAD Canada’s currency little changed at 99.94 cents per U.S. dollar at 5 p.m. in Toronto after reaching C$1.0014 earlier. It touched C$1.0019 yesterday, the weakest since Aug. 6. One Canadian dollar purchases $1.0006.

GBP/USD The pound rose 0.3 percent to $1.6113 at 4:22 p.m. London time after appreciating 0.3 percent yesterday, gaining 0.2 percent to 80.45 pence after dropping 0.5 percent over the previous three days. Barclays predicts that sterling will strengthen to $1.65 by year-end

USD/JPY The Japanese currency slid 0.3 percent to 80 per dollar. The 17- nation euro was little changed at $1.2964. The BOJ increased its asset-purchase program on Oct. 30 by 11 trillion yen ($137 billion) to 66 trillion yen to bolster growth through lower borrowing costs.
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  #11  
Old 08-11-2012, 09:24
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Market Outlook 8 NOV 2012
Currencies EUR/USD The dollar added 0.2 percent to $1.2750 per euro as of 2:14 p.m. in Tokyo from yesterday, when it touched $1.2737, the strongest since Sept. 7.
USD/JPY The U.S. currency lost 0.2 percent to 79.88 yen after declining 0.4 percent to close at 80 yesterday. The Dollar Index (SPX), which tracks the greenback against the currencies of six major trading partners, rose 0.2 percent to 80.78 after touching 80.92, highest since Sept. 7.
NZD/USD It was little changed at $1.0406. New Zealand’s currency lost 0.2 percent to 81.67 U.S. cents following a 1 percent decline as of theNew York close, the biggest one-day drop since July 23. New Zealand’s two-year swap rate, a fixed payment made to receive floating rates, was at 2.64 percent from 2.62 percent yesterday.
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  #12  
Old 12-11-2012, 08:49
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Default Market Outlook 12 NOV 2012

Currencies AUD/USD The Aussie dollar rose 0.3 percent from last week to $1.0418 as of 4:47 p.m. in Sydney and strengthened 0.3 percent to 82.82 yen. It touched $1.0480 on Nov. 7, the highest since Sept. 21. New Zealand’s currency gained 0.3 percent to 81.60 U.S. cents and added 0.2 percent to 64.86 yen.

JPY/EUR The yen slid 0.1 percent to 101.18 per euro as of 6:03 a.m. in London from 101.05 at the close on Nov. 9, following a 1.9 percent gain over the previous three sessions. The euro added 0.1 percent to $1.2731, after touching $1.2690 last week, the lowest since Sept. 7.
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  #13  
Old 13-11-2012, 09:07
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Default Market Outlook 13 NOV 2012

EUR/USD The euro fell to a two-month low as finance ministers from the currency bloc struggled to agree on Greek aid, curbing demand for the common currency. The euro lost 0.2 percent to $1.2687 as of 6:35 a.m. in London, after earlier weakening to $1.2673, the least since Sept. 7

AUD/USD Australia’s dollar declined, trimming a gain from yesterday, as concern Europe’s debt crisis is weighing on global growth reduced demand for riskier assets. The Aussie dollar lost 0.2 percent to $1.0405 as of 4:58 p.m. in Sydney from yesterday when it gained 0.4 percent.

GBP/EUR The pound slid 0.2 percent to 80.11 pence per euro at 5:01 p.m. London time. It dropped 0.2 percent to $1.5869, after touching $1.5865, the weakest level since Sept. 5.

Commodities Crude for December delivery slid as much as 58 cents to $84.99 a barrel in electronic trading on the New York Mercantile Exchange and was at $85.01 at 3:56 p.m. Sydney time. The contract fell 50 cents to $85.57 yesterday. Prices are down 14 percent this year.

Brent for December settlement declined 61 cents, or 0.6 percent, to $108.46 a barrel on the London-based ICE Futures Europe exchange. The European benchmark contract was at a premium of $23.45 to West Texas Intermediate futures, down from $23.50 yesterday.

Gold for immediate delivery, which climbed to a record $1,921.15 an ounce on Sept. 6, 2011, traded at $1,724.30 at 12:11 p.m. in Hong Kong after rising 10 percent this year. The run of annual gains is the best performance since at least 1920.
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  #14  
Old 14-11-2012, 08:12
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Default Market Outlook 14 NOV 2012

Currencies EUR/JPY The yen fell 0.4 percent to 101.23 per euro as of 6:12 a.m. in London. The euro rose 0.1 percent to $1.2718, after yesterday touching $1.2662, the weakest level since Sept. 7. The MSCI Asia Pacific Index added 0.2 percent, poised for its first advance in a week.

EUR/GBP The pound was little changed at 80.05 pence per euro at 4:58 p.m. London time after appreciating as much as 0.4 percent to 79.70 pence. The U.K. currency reached 79.61 pence on Nov. 8, the strongest level since Oct. 1. The pound has gained 1.2 percent this year . The euro weakened 3.3 percent and the dollar dropped 1.2 percent.

AUD/NZD Australia’s dollar touched NZ$1.2799, the highest level since Sept. 10, before trading at NZ$1.2788 as of 4:48 p.m. in Sydney, unchanged from yesterday. It rose to $1.0455, the strongest since Nov. 7, before trading at $1.0448, 0.1 percent higher. The Aussie advanced 0.3 percent to 83.08 yen. New Zealand’s currency added 0.1 percent to 81.70 U.S. cents and climbed 0.3 percent to 64.97 yen.

EUR/USD The euro was little changed at $1.2704 at 5 p.m. New York time after touching $1.2662 earlier, the weakest level since Sept. 7. Its 100-day moving average is $1.2644, and the 200-day average is $1.2815.
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  #15  
Old 16-11-2012, 08:19
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Default Market Outlook 16 NOV 2012

GBP/EUR The pound depreciated 0.2 percent to 80.59 pence per euro at 4:41 p.m. London time after sliding to 80.65, the weakest since Oct. 31. The U.K. currency rose 0.2 percent to $1.5864. It earlier declined to $1.5829, the lowest since Sept. 5.

AUD/USD Australia’s dollar was unchanged at $1.0332 as of 3:54 p.m. in Sydney from yesterday, when it touched $1.0307, the lowest since Oct. 26. The currency was set for a 0.6 percent decline against the greenback this week, the biggest since the five days ended Oct. 5. The Aussie bought 83.76 yen after gaining 0.7 percent to 83.86 yesterday.

USD/JPY The index’s break below 81.01 is a sign the gauge will fall and a trading-day close below 80.63 confirms the trend, according to the unit of Bank of America Corp. The Dollar Index has longer-term support at about 78.41 to 78.09.
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  #16  
Old 19-11-2012, 08:14
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Default Market Outlook 19 NOV 2012

Currencies AUD/USD Australia’s dollar climbed 0.3 percent to $1.0369 as of 5:35 p.m. in Sydney. It rose 0.3 percent to 84.31 yen after earlier touching 84.51, a level unseen since April 27. The New Zealand dollar traded at 81.34 U.S. cents after gaining 0.4 percent to 81.27 on Nov. 16. It fetched 66.13 yen from 66.08.

JPY/USD The yen depreciated 2.3 percent to 81.32 per dollar in New York this week, its biggest drop since February. The Japanese currency decreased 2.5 percent to 103.60 per euro, its most pronounced fall since September. The euro added 0.2 percent to $1.2743.

GBP/EUR The pound declined 0.3 percent this week to 80.15 per euro at 5 p.m. in London yesterday, after strengthening 1.7 percent during the previous three weeks. The U.K. currency fell 0.2 percent this week to $1.5866. It fell to $1.5829 on Nov. 15, the weakest level since Sept. 5.
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  #17  
Old 20-11-2012, 08:30
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Market Outlook 20 NOV 2012
Currencies JPY/USD The yen climbed 0.2 percent to 81.25 per dollar as of 6:39 a.m. in London. It touched 81.59 yesterday, the weakest since April 25. The euro fell 0.4 percent to 103.91 yen and declined 0.2 percent to $1.2789.

CAD/USD The Canadian currency advanced 0.5 percent to 99.63 cents per U.S. dollar at 5 p.m. in Toronto after gaining as much as 0.6 percent, the most since Oct. 17. The currency traded below parity with the greenback last week and reached its lowest value since August. One Canadian dollar buys $1.0037.

EUR/USD The euro fell 0.3 percent to $1.2782 as of 10:03 a.m. in Tokyo from the close yesterday in New York. The $1.2450 level was last seen on Aug. 22. The currency had advanced from a low of $1.2043 on July 24 to a high of $1.3172 on Sept. 17.

AUD/USD Australia’s dollar was at $1.0413 at 4:41 p.m. in Sydney after climbing 0.7 percent to $1.0412 yesterday. The currency’s implied three-month volatility declined to 7.62 percent, the lowest since July 2007. The Aussie dollar rose 0.2 percent to NZ$1.2717 following a three-day, 0.8 percent slide. New Zealand’s currency fell 0.2 percent to 81.88 U.S. cents.

Commodities OIL Crude for January delivery was at $89.06 a barrel in electronic trading on the New York Mercantile Exchange, down 22 cents, at 1:26 p.m. Singapore time. The contract surged $2.36 to $89.28 yesterday, the highest close since Oct. 19. Prices have declined 9.9 percent this year.

Brent oil for January settlement on the London-based ICE Futures Europe exchange was at $111.63 a barrel, down 7 cents. The European benchmark crude was at $22.57 premium to New York contracts, from $22.42 yesterday.

Gold for December delivery was little changed at $1,733 an ounce on the Comex in New York. The dollar strengthened 0.2 percent versus the euro after Moody’s Investors Service loweredFrance’s government bond rating, renewing concern the region’s debt crisis is deepening. Euro-area finance ministers are set to meet today in Brussels to discuss aid for Greece. Oil and copper declined today.
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  #18  
Old 21-11-2012, 08:24
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Default Market Outlook 21 NOV 2012

Currencies EUR/USD The euro dropped 0.4 percent to $1.2762 as of 6:35 a.m. in London from yesterday. It slipped 0.2 percent to 104.50 yen. The Japanese currency touched 81.97 per dollar, the weakest since April 6, before trading at 81.89, 0.3 percent lower than yesterday’s close.

USD/JPY The dollar rose 0.4 percent to 81.72 yen at 12:21 p.m. in New York. The dollar has strengthened 3 percent against the yen in the past week while remaining within a range of 75.35 yen per dollar to 85.53 yen since the March 17, 2011, earthquake and tsunami that rocked Japan. The nation’s currency has fallen at least 1 percent versus all of its 16 most-traded peers since Prime Minister Yoshihiko Noda on March 15 called for elections that polls show favor the opposition party, which supports further monetary stimulus.

CAD/USD The Canadian dollar dropped less than 0.1 percent to 99.68 cents per U.S. dollar at 5 p.m. in Toronto. It touched 99.55 yesterday, the strongest since Nov. 8, as it gained as much as 0.6 percent, the most since Oct. 17. One Canadian dollar buys $1.0032.

Commodities OIL Crude for January delivery was at $86.79 a barrel, up 4 cents, in electronic trading on the New York Mercantile Exchange at 1:14 p.m. Singapore time. The contract lost $2.53 yesterday to $86.75, the biggest drop since Nov. 7. Prices are down 12 percent this year.

Brent oil for January settlement was at $109.94 a barrel, up 11 cents, on the London-based ICE Futures Europe exchange. The European benchmark crude was at a $23.15 premium to New York-traded West Texas Intermediate grade. The spread was $23.08 yesterday, the widest in three days.

Gold futures for December delivery fell 0.6 percent to settle at $1,723.60 an ounce at 1:39 p.m. on the Comex in New York, after reaching $1,736, the highest since Nov. 12. The price has gained 10 percent this year.
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  #19  
Old 22-11-2012, 08:46
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Default Market Outlook 22 NOV 2012

Currencies EUR/USD The euro added 0.1 percent to $1.2845 as of 2:40 p.m. in Tokyo after earlier touching $1.2868, the highest since Nov. 7. It fetched 105.88 yen from 105.86 yesterday. Japan’s currency touched 82.59 per dollar, the weakest since April 4, before trading little changed at 82.43. The Japanese currency was poised for a 1.4 percent decline against the greenback this week and 2.2 percent drop versus the euro.

GBP/EUR The pound gained 0.1 percent to 80.42 pence per euro at 4:38 p.m. London time after appreciating to 80.06 pence, the strongest since Nov. 14. The U.K. currency rose 0.1 percent to $1.5940 after reaching $1.5949, the highest level since Nov. 9.

AUD/USD The Aussie rose 0.2 percent to $1.0387 as of 5:14 p.m. in Sydney after falling 0.4 percent over the previous two days. The New Zealand dollar, nicknamed the kiwi, added 0.1 percent to 81.55 U.S. cents following a two-day, 0.7 percent slide.
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  #20  
Old 28-11-2012, 08:36
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Market Outlook 28 NOV 2012
Currencies GBP/USD The pound appreciated 0.2 percent to 80.75 pence per euro at 4:40 p.m. London time after strengthening through its 200-day moving average for the first time since Nov. 22. It earlier depreciated to 81.14 pence, the weakest since Oct. 24.

EUR/USD The dollar rose 0.2 percent to $1.2943 per euro at 5 p.m. New York time after dropping to $1.3009, the weakest since Oct. 31. The euro declined 0.1 percent to 106.34 yen after rising as much as 0.5 percent. The Japanese currency was 0.1 percent weaker at 82.15 yen per dollar.

AUD/USD The Australian dollar bought $1.0447 as of 4:46 p.m. in Sydney after falling 0.2 percent yesterday to $1.0446. It dropped 0.4 percent to 85.50 yen. New Zealand’s currency fetched 82.10 U.S. cents from 82.03 and was at 67.19 yen, 0.3 percent below yesterday’s close.

USD/JPY The Japanese currency touched 81.79 per dollar, the strongest since Nov. 21, before trading at 81.83 as of 2:54 p.m. in Tokyo, 0.4 percent stronger than yesterday’s close. The 17- nation euro dropped 0.6 percent to 105.76 yen, and has lost 1.1 percent this week. The dollar bought $1.2925 per euro, up 0.1 percent from yesterday when it gained 0.2 percent to $1.2943.
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  #21  
Old 04-12-2012, 09:39
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Market Outlook 4 DEC 2012
Currencies The euro fetched $1.3056 as of 8:26 a.m. in Tokyo from $1.3054 yesterday, when it touched $1.3076, the most since Oct. 23. The shared currency was little changed at 107.30 yen from yesterday, having risen 1 percent in the past three sessions. The U.S. currency slid 0.1 percent to 82.19 yen. The so-called Aussie traded at $1.0425 from $1.0421, after having fallen 0.5 percent in the past three days.

The Australian dollar rose 0.3 percent to $1.0449 as of 2:57 p.m. in Sydney after losing 0.5 percent over the previous three sessions. New Zealand’s currency added 0.3 percent to 82.31 U.S. cents.The nation’s bonds fell, with the benchmark 10-year yield gaining five basis points to 3.19 percent.
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  #22  
Old 10-12-2012, 09:12
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Market Outlook 10 DEC 2012
Currencies AUD/USD Australia’s dollar fell from near the highest level in more than two months after Chinese exports and imports trailed economists’ forecasts, damping the South Pacific nation’s trade prospects.The Australian dollar slid to $1.0476 as of 5:02 p.m. in Sydney, down 0.1 percent from Dec. 7 when it capped a 0.6 percent weekly gain. On Dec. 6, it touched $1.0516, the highest since Sept. 21.

EUR/USD The euro fell against the dollar and yen for the first time in four weeks after the European Central Bank lowered its economic forecast for the region and policy makers discussed trimming benchmark interest rates.The shared currency fell 0.5 percent to $1.2927 in New York for the first weekly loss since Nov. 9. It touched $1.2877 on Dec. 7, the weakest since Nov. 23.

CAD/USD The Canadian dollar rose to the highest level in a month versus its U.S. counterpart as employers added almost six times as many jobs as forecast in November, countering recent signs of an economic slowdown. The loonie, as the currency is nicknamed for the image of the aquatic bird on the C$1 coin, appreciated 0.6 percent to 98.84 cents per U.S. dollar this week in Toronto. It touched 98.77 cents yesterday, strongest since Nov. 7. One Canadian dollar buys $1.0117.
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  #23  
Old 11-12-2012, 08:17
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Market Outlook 11 DEC 2012
Currencies EUR/USD The dollar fell 0.1 percent to $1.2957 per euro at 6:23 a.m. in London, following yesterday’s 0.1 percent drop. It fetched 82.33 yen after sliding 0.2 percent yesterday to 82.36. The euro bought 106.68 yen from 106.58 yesterday when it touched 105.98, the weakest level since Nov. 28.The dollar remained lower against the yen and euro amid speculation the Federal Reserve will expand monetary stimulus at a two-day meeting starting today.

CAD/USD The Canadian dollar, called the loonie for the image of the aquatic bird on the C$1 coin, rose 0.2 percent to 98.63 Canadian cents per U.S. dollar at 5 p.m. in Toronto, after earlier touching 98.62 cents, strongest since Oct. 19. One Canadian dollar buys $1.0139.The Canadian dollar reached a seven- week high versus its U.S. peer as the government approved Cnooc Ltd. (883)’s $15.1 billion takeover bid for Nexen Inc. (NXY)

GBP/EUR The pound gained 0.2 percent to 80.44 pence per euro at 4:18 p.m. London time after appreciating to 80.33 pence, the strongest level since Nov. 21. The pound strengthened for a fourth day against the euro after Italian Prime Minister Mario Monti said he intends to resign, boosting demand for the relative safety of British assets.
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  #24  
Old 12-12-2012, 09:40
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Default Market Outlook 12 DEC 2012

Currencies EUR/USD The dollar remained lower versus the euro after a two-day decline, with the Federal Reserve expected to announce today an expansion of asset purchases that tend to weaken the U.S. currency.The dollar was little changed at $1.3006 per euro as of 6:55 a.m. in London after falling 0.6 percent over the previous two days.

USD/JPY It gained as much as 0.3 percent to 82.74 yen before trading at 82.73 from 82.52 in New York. Europe’s shared currency added 0.3 percent to 107.60 yen after rising 0.7 percent yesterday, the biggest one-day gain since Nov. 21.

AUD/USD Australia’s dollar rose to a more than two-month high on prospects that further monetary easing by the U.S. central bank will debase the greenback.Australia’s dollar touched $1.0541, the highest since Sept. 17, before trading at $1.0524 as of 2:56 p.m. in Sydney, little changed from yesterday’s close. The Aussie rose 0.2 percent to 87 yen after reaching 87.04, the strongest since March 28.

NZD/USD New Zealand’s dollar, known as the kiwi, was little changed at 83.90 U.S. cents. It touched 83.98 U.S. cents, matching yesterday’s high, the strongest since March 2. New Zealand’s currency added 0.1 percent to 69.36 yen, after reaching 69.38, the strongest since October 2009.
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  #25  
Old 13-12-2012, 08:47
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Market Outlook 13 DEC 2012
Currencies USD/JPY The yen touched 83.67 per dollar, the weakest since March 21, before trading 0.4 percent lower at 83.59 as of 6:51 a.m. in London.The yen fell to the weakest level in almost nine months against the dollar before the Bank of Japan (8301)’s Tankan survey tomorrow, which economists say will show big manufacturers in the nation grew more pessimistic.

EUR/USD The shared currency closed above $1.3002 yesterday, signaling an upward trend that may see it test $1.3150, the 38 percent Fibonacci retracement level of a broad bearish move in the euro from May 2011 to July, Richard Adcock, head of fixed- income technical strategy at UBS AG in London, wrote today in a note to clients. The euro could rise to $1.3490, its highest level since Dec. 2, 2011, if it closes the week above $1.30

AUD/USD Australia’s currency appreciated 0.3 percent to $1.0555 yesterday in New York, after rising to $1.0586, its highest level since Sept. 14.The Australian dollars rose against their U.S. peer after the Federal Reserve added to its monetary-stimulus program, renewing concern the measures will debase the U.S. currency.

NZD/USD New Zealand’s dollar has strengthened 6.3 percent this year, the biggest increase among the 10 developed-nation currencies monitored by the Bloomberg Correlation-Weighted Indexes. The Aussie has gained 0.7 percent, and the U.S. dollar has fallen 2.9 percent.
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  #26  
Old 28-12-2012, 10:35
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Market Outlook 28 Dec
CURRENCIES EUR/USD
The euro has been on the rise while the dollar has been dropping against it, as the efforts to avert the fiscal cliff continue. The dollar fell to its lowest in 8 months trading at 1.3236 per euro at 5:05 pm New York time, and it has weakened as much as 0.5 percent. The euro’s 14-index of relative strength reached 70.6 to the dollar.

USD/JPY The yen has been on a fall, reaching its lowest in 28 months against the dollar. The yen dropped 0.6 percent touching 86.10 per dollar, its weakest since August 16, 2010.As of 2:17pm Tokyo time, the yen traded at 86.64 per dollar, after trading at 86.45 which is 0.4 percent lower than yesterday. The yen has lost 2.6 percent against the dollar since December 21 of this year, and its 14-day relative strength index has dropped to 17 against the dollar.

EUR/JPY According to Bloomberg’s correlation-weighted indexes the euro has gained 3 percent in the past three months, making it the second highest of the 10 development market currencies.The yen however has dropped 0.7 percent to 113.99 per euro, and its 14 day relative strength index dropped to 19.8 against the euro.The constant fall of the currency has spurred speculations that the central bank of the country will need to try and set up a cash infusion to control the situation.The Japanese currency has lost 0.4 percent to 114.49 per euro, and dropped to its lowest level since July 11 2011, while the euro has gained 0.1 percent and is now at 1.3242 dollars.

AUD/JPY The Australian currency has been gaining strength and has reached its highest against the yen since April of 2011, and has touched 89.83 yen. The decline in Japan’s consumer prices which has added to the monetary problems of the country, has helped the Australian dollar trade at 89.67 as of 4:01 pm Sydney time, which is 0.4 percent higher than yesterday. The yearly increase of the currency is predicted to be 14 percent against the Japanese currency.
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  #27  
Old 31-12-2012, 09:19
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Market Outlook 31 Dec 2012

EUR/USD The dollar rose 0.1 percent to 1.3201 dollars against the euro. The euro has risen 1.8 percent versus the dollar, a rise for the first time in two years, after the European Central Bank presented a program in September to aid the currency’s fall.

USD/JPY The yen declined 0.2 percent to 86.13 per dollar as of 1:32 p.m Singapore time, the continuous decline has brought heat on the country from other nations , Finance Minister Taro Aso responded that no one has the right to lecture the country, and added that the US should have a stronger dollar. Since 2011 the currency has dropped more than 10 percent against the dollar.

AUD/USD The Australian dollar climbed higher than most of the other currencies, and that was due to the manufacturing growth in China, which is its biggest trading partner. It gained 0.1 percent to 1.0381 dollars and is expected to have an overall 1.7 increase this year.

GBP/USD After a couple of changes throughout the past week, where the British pound rose against the dollar, after the pair hit 1.6065 on Thursday which was its lowest since December 10, the pair has climbed today and added 38 pips at 1.6138.
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  #28  
Old 02-01-2013, 09:17
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Market outlook 2 January 2013

Currencies USD/JPY The Yen has dropped even further against the dollar, and has gone down to 87.33 per dollar, its lowest since July 29, 2010. As of 6:38 am London time it traded at 87.27. These changes took place after the legislation to avert the fiscal cliff was passed. Currency strategist in Sydney Australia& New Zealand Banking Group Ltd. Andrew Salter stated that the Yen will probably remain weak for the time being, adding “if you look out a month or two, it really depends upon what the government is able to achieve as far as the central bank is concerned”

EUR/USD The dollar lost 0.5 percent and fell to 1.3272 dollars against the euro. Its weakening has taken affect as the legislation for averting the fiscal cliff was passed by the U.S. today.

AUD/USD The U.S. dollar slightly gains while the Aussie loses, dropping 0.7 percent from its lowest level in over four weeks. As of 11:08 am Sydney time it traded at 1.0399 dollars. It is predicted that the Australian dollar will rise to 1.07 dollars throughout the next six months, and to 1.01 by the
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  #29  
Old 03-01-2013, 09:25
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Market outlook 2 January 2013
Currencies EUR/USD After a high ride of 1.33 a dollar, the euro fell 0.1 percent to 1.3186 dollars. The dollar has rose 0.3 percent reaching 1.3148 per euro. Over the past year, 2012, the euro has had an overall decline of 1.1 percent, while the dollar fell 3.3 percent.

USD/JPY Then yen continues to weaken, falling 0.7 percent to 87.34 per dollar, and has reached its lowest level since 29 July 2010 at 87.35. Today however the dollar has also weakened against other major currencies. The Yen’s 14 day relative strength index is at 17 versus the dollar.

AUD/USD After being one of the strongest currencies, since the passing of the legislation in the US to increase taxes and cut budgets on Wednesday the Australian dollar has suffered some losses and has fallen lower than the USD. The pair fell 0.18 percent to 1.0486 dollars.

GBP/USD The British pound has been gaining over the last month of last year, and has now risen to its highest level against the dollar in 16 months at 1.6381 dollars, before going down to 1.6252 dollars.
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  #30  
Old 10-01-2013, 09:49
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Default Market News 10 Jan 2013

Currencies EUR/USD The euro slid 0.1 percent to1.3056 dollars. The euro which is considered in crisis, awaits its fate when the European Central Bank will meet on Thursday. The pair hit 1.3037 in the morning which is its lowest since Monday.

USD/JPY The Japanese yen has fallen once more against most of its counterparts. The two day loss has the currency losing 0.3 percent and falling to 88.17 dollars at 6:39 London time. On the 4th of January the currency had reached its lowest level in over two years.

AUD/USD
The Australian dollar has gained its three week high against the dollar. As imports and exports in China improve, its major trading partner Australia, has been positively affected and the country’s currency has been improving. The Aussie touched its strongest price since the 18th of December with 1.0555 dollars, before falling to 1.0552 dollars at 4:31 pm Sydney time, which is a 0.3 percent increase.

GBP/USD The British currency has suffered a big loss and has fallen lower than most of its counterparts, occupying the second to last spot. It reached its lowest level since the 30th of November at 1.5993 dollars, it then rose to 1.6012 dollars at 4:38 pm London time.
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  #31  
Old 11-01-2013, 09:45
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Default Market News 11 Jan 2013

Currencies EUR/USD The euro reached its highest gain in five months against the dollar, even though yesterday’s European Central Bank’s meeting decided against changing interest level rates. The US dollar also did well being higher than a lot of the other major currencies, despite its drop. The pair was up by 1.42 percent yesterday at 1.3252.

USD/JPY The yen continues to drop, reaching its lowest level since the 29th of June 2010, at 89.35 per dollar, it dropped 0.3 percent from yesterday trading at 89.08 at 2:58 pm Tokyo time. This marks the yen’s longest loss period in over 20 years.

AUD/USD Once again China’s economical status has affected the Australian dollar which has fallen against most of the other major currencies, leaving behind its highest level in four months. It traded at 1.0590 dollars at 10:31 am Sydney time yesterday. It has climbed 0.8 percent over the past 24 hours, and reached its highest level since the 14th of September at 1.0599 dollars.

GBP/USD The British currency fell 0.28 percent against the dollar at 1.6015 dollars. The pair fell 0.13 percent to 1.6148 after the central British bank decided against making any changes in their benchmark rate. This happened after the pair had showed signs of improvement over the past two days.


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  #32  
Old 16-01-2013, 08:39
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Default Market News 16 JAN 2013

Currencies EUR/USD The euro has had an alarming 8.4 percent gain against the euro over the past 6 months. It traded at 1.3306 dollars at 5 pm New York time, a 0.6 percent decrease, that is after it touched its highest in almost a year on the 14th of January with 1.3404 dollars.
USD/JPY The yen has had a two day gain, and in fact its highest in eight months. After its 0.8 percent gain yesterday it gained an extra 0.7 percent today and reached 88.19 per dollar, at 6:55 am London time.
AUD/USD The Australian dollar fell against the U.S. dollar and traded at 83.93 U.S. cents, dropping from yesterday’s 83.97. Earlier this week the Australian dollar was boosted when Federal Reserve chairman Ben Bernanke said he expects the central bank to continue its bond buying program.

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  #33  
Old 17-01-2013, 08:53
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Default Market News 17 JAN 2013

Currencies EUR/USD The dollar has gained against its counterparts since yesterday. The euro rose to 1.3297 dollars. The EUR/USD pair lost 0.09 percent and fell to 1.3293. The pair is expected to find support at 1.3037, and resistance at 1.3403.
USD/JPY The yen’s two day gain fell short when it lost 0.3 percent and dropped to 88.64 per dollar at 3:31 pm Tokyo time. The pair lost 0.08 percent in Asian trading and fell to 88.31. Expectations have the bank of Japan adjusting its inflation target to 2 percent, when the two day meeting occurs on January 21.
AUD/USD The Australian dollar fell against most other currencies, and that is mainly due to the high rates of unemployment that the country is suffering. The Aussie lost 0.6 percent and fell to 1.0513 dollars at 5:17 pm Sydney time. The AUD/USD pair also lost 0.63 percent, and fell to 1.0506.


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  #34  
Old 28-01-2013, 09:06
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Default Market News 28 JAN 2013

Currencies EUR/USD The U.S. dollar had traded well against most of its peers at the start of this week, and it has gained against Europe’s shared currency, after last week’s loss when the Euro reached its highest level against the dollar since almost a year. The pair gained 0.03 percent trading at 1.3458.
USD/JPY The U.S. dollar gained against most major currencies, and it reached its 2 and a half year high against the Japanese yen. Yesterday at 2:13 pm Tokyo time it traded at 91.03 a yen, adding 0.1 percent from last week. The pair traded at 91.08, gaining 0.18 percent.
AUD/USD The Australian dollar fell against its American peer in trades, although expectations for the Australian currency for this year are still positive. The pair traded at 1.0428 in Asian trading, and is expected to find support at 1.0402 and resistance at 1.0552.
GBP/USD Britain’s struggling currency was low against most of its peers including the U.S. dollar, the pair lost 0.16 percent and traded at 1.5772. It is expected to find support at 1.5747 and resistance at 1.5892.

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  #35  
Old 30-01-2013, 09:32
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Default Re: Market outlook from Tradingforex

Market News 30 JAN 2013
Currencies EUR/USD The dollar reached its lowest level against the Euro in over a year; it fell against all but one of the major currencies. At 5 pm New York time it traded at 1.3492 dollars per euro, its weakest level in over a year. The pair traded at 1.3478 a 0.17 percent increase and it is expected to find support at 1.3265 and resistance at 1.3496.
USD/JPY The Japanese yen traded lower than most other currencies. It lost 0.2 percent against the euro and traded at 90.20 per dollar at 2:39 pm Tokyo time. It is expected for the yen to lose up to 4.6 percent against the dollar for the whole of January. The U.S. dollar traded at 90.73 yen.
GBP/USD After a streak of losses the British pound redeemed its five months low against the dollar. The pound gained 0.3 percent and at 4:30 pm London time it traded at 1.5741 dollars. So far this year the British pound is one of the two weakest currencies right above the Japanese yen. The pair traded at 1.5768 this morning, increasing 0.50 percent. It is expected to find support at 1.5673 and resistance at 1.5784.

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  #36  
Old 31-01-2013, 09:30
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Default Re: Market outlook from Tradingforex

Market News 31 JAN 2013
Currencies EUR/USD The dollar fell to its weakest level in over a year, against the euro. It lost 0.1 percent and traded at 1.3579 per euro at 6:10 am London time. During this month the euro has strengthened against the dollar by 2.8 percent, and it keeps doing so. It gained 0.5 percent since yesterday and at 9:45 am it traded at 1.3553 dollars per euro.
USD/JPY The dollar fell further against most major currencies, but it advanced against the Japanese yen by 0.4 percent trading at 91.98 yen, after reaching its strongest level since June 2010 at 91.41. The pair lost 0.20 percent and traded at 90.91. It is expected to find support at 88.29 and resistance at 91.35.
GBP/USD The British pound gained against the dollar, which has been falling. The British pound, U.S. dollar pair traded at 1.5796, a 0.21 percent increase, it is expected to find support at 1.5675 and resistance at 1.5892.

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  #37  
Old 09-10-2015, 11:08
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Default Elliott wave analysis of EUR/NZD for October 9, 2015


Technical summary:

We are reaching the first downside target at 1.6781. In the short term, we will see minor resistance at 1.7016 protecting the upside for a decline to 1.6781. A breakout above minor resistance at 1.7016 indicates that the bottom is in place for a rally back to at least 1.7125. Above here, we expect the first strong indication that wave 2 is over and a new impulsive rally is developing.

Trading recommendation:

If you are short EUR then move you stop lower to 1.7020 and keep your take profit at 1.6790. You might even consider buying EUR at 1.6790 with a stop at 1.6680.
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