NFP Day

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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