Hollande out. Current French President Francois Hollande has declared himself out of the race for the 2017 presidential election, saying that he will forgo his own personal ambition and [...]

Insight on the Pound 

ECB to decide on stimulus next week. ECB Chief Mario Draghi spoke yesterday and mentioned the “encouraging resilience” of the post-Brexit Euro area; however he commented that stalling recovery [...]

Nov 28 Intraday Analysis

EUR/USD recovered to 1.0684 earlier today but quickly reversed. As it's staying above 1.0518 temporary bottom, intraday bias stays neutral for consolidations. In case of another rise, upside should [...]

An end to Soros? 

George Soros is running out of friends. With the election of Donald Trump as President of the United States and the BREXIT vote in Great Britain, a pattern is [...]

Nov. 17 Intraday Analysis

EUR: Euro recovered after falling to 1.0666 yesterday, however, offers are still noted at 1.0750-60, 1.0780 and 1.0800, sell orders are reported at 1.0825-30, 1.0850 and 1.0865, selling interest [...]

Nov. 15 Intraday Analysis

Intraday bias in EUR/GBP remains on the downside. Current fall from 0.9304 is still in progress for 0.8332 key support. At this point, we'd expect strong support from there, [...]

Intraday stance – Mildly Negative

Yesterday, the EURUSD pair witnessed a sixth straight bearish session and yet again finished below the daily lower Bollinger band (currently placed at 1.0734/30) at 1.0734, after notching a [...]

Obama warns Trumps

In a press conference yesterday, President Obama warned Donald Trump that he can expect to get a wake-up call once he is in office and that he will have [...]

Nov. 14  Intraday Analysis 

Intraday bias in USD/CAD remains on the upside and current rally continues to 50% retracement of 1.4689 to 1.2460 at 1.3575. Rise from 1.2460 is seen as having a [...]

Weekly Report 2

The near term outlook in dollar index stayed bullish. Despite all the volatility, it's staying well inside the rising channel and breach of 99.11 suggests that rise from 91./91 [...]

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