The Euro continued its incline versus the Great British pound in the previous European trading exchanges as markets remain hopeful that the European Central Bank would take the necessary action to tackle the debt crisis at its policy meeting this coming September 6. As traders still hold on to hopes of an ECB intervention in the bond markets, the single currency is expected to rise versus the Pound in today's European exchanges.
As the central bank policy makers near their key meeting…Continue
Added by Aviv Shapiro on September 4, 2012 at 8:40am — No Comments
National Australia Bank - Position changes in the latest week have not altered any of our model signals based on positioning relative to extremes and which continue to suggest being underweight USD in favour of the EUR, JPY, AUD and NZD. The model remains neutral on GBP, CHF and CAD.
Added by Francesc Riverola on September 3, 2012 at 8:19am — No Comments
RBS - Seasonal patterns suggest GBP has the propensity to strengthen vs. USD, JPY, AUD and NZD over September, with the largest gain seen against the AUD. GBP also has a tendency to weaken against EUR, CHF, NOK and SEK over the month
Added by Francesc Riverola on August 28, 2012 at 2:42pm — No Comments
30 July - 03 August - in this week July gets over and August begins.The market is known to make more volatile moves during such times.Trade with care.Sudden upward and downward moves may alternate with each other.
My forecast algorithm expects very quick gaining moves on 30th and 31st of July as month end move.Mixed moves on 01st and 02nd of August.03rd August for week end there may be more visible gaining moves .
Today - 30 July:
Japanese session may show swing and…Continue
Added by Dr. Sivaraman on July 30, 2012 at 3:06am — No Comments
The release of the Preliminary GDP data really is disheartening news for the UK as the economy contracted by 0.7 percent in the second quarter of this year, more than the economic forecasts of only 0.2 percent, data from the Office for National Statistics showed. Britain's economic contraction further deepened as in the previous quarter, it was only by 0.3 percent, and such upsetting decline was blamed on the debt crisis and on the nation's biggest budget squeeze since World War II by…Continue
Added by Aviv Shapiro on July 26, 2012 at 8:30am — No Comments
At the onset of Q3, recent official figures are expected to show that the UK economy is set to shrink for a third successive quarter, which sees a prolonged recession and a threat to derail chances of recovery this year. The Office for National Statistics is expected to report a shrink in gross domestic product by at least 0.2 percent between April and June as the Jubilee holiday brought up weak domestic demand and the Euro Zone crisis dragged the economy down. As a result, it would mark the…Continue
Added by Aviv Shapiro on July 23, 2012 at 9:13am — No Comments
Today 05 July,I will be presenting "Asian session: Live market analysis " webinar between 05:00 -05:45 GMT.
Link to register:
During the webinar I will review the calls made on monday (02 July) and also explain the expected market moves for today and tomorrow -…Continue
EURUSD has been in the downtrend since we projected on Jun 21st, the end of Elliotwave 4W correction and the breach below 200 Day MA. However, the downside momentum has been modest due to the Volume at the lowest Distribution level.
The downside projection continues with the…Continue
Added by fx-Syndicate on June 28, 2012 at 4:30pm — No Comments
Potential Shorts on all charts below: Picture Speaks Louder Than Words.
Added by fx-Syndicate on June 27, 2012 at 3:30pm — No Comments
Dow Jones and S&P continues to rally by negating the previous expert technical forecasts on the street. While yesterday the sentiment in the market was encouragingly Bullish, today we might see a different story after the FOMC. Here is what we are seeing:…Continue
In Forex markets, the US Dollar denominated pairs stabilized overnight, with the USD holding on to most of its gains and the Euro, GBP and AUD continuing to trade near their recent lows. Trading volumes remained thin with the UK holiday keeping many investors on the sidelines but the general tone in markets remains cautious at best (strongly negative at worst), and this is only being propelled by economic data which showed that services PMI in Germany dropped to 51.8 for the month of May,…Continue
Added by Henry Daniels on June 6, 2012 at 10:40am — No Comments
Today (14th May) I have presented " Asian session : Live market analysis " webinar and the recording of the same is available in the given below link:…Continue
Added by Dr. Sivaraman on May 14, 2012 at 2:42pm — No Comments
The United Kingdom's Office for National Statistics is scheduled to release its Consumer Price Indices report for February on Tuesday at 5:30am New York time (9:30 GMT).
The combination of fewer surprises in CPI readings over recent months plus lower volatility across the currency market has likely contributed to more muted responses of late on the pair known to many traders as cable:…Continue
Added by FX BOOTCAMP on March 20, 2012 at 4:01am — No Comments
The United Kingdom's Office for National Statistics is scheduled to release its latest labour market statistics, including the number of people claiming Jobseeker’s Allowance (JSA) in February, at 5:30am New York time (9:30 GMT).
Volatility in the claimant count change data has lessened over the past several months, as has the response of the GBP/USD currency pair to the report:…Continue
Added by FX BOOTCAMP on March 14, 2012 at 2:58am — No Comments
When EURO and GBP are gaining levels for week end as expected USD/YEN is also gaining levels as contrarian move.As a result YEN crosses are making more gains than EURO,GBP or USD/YEN.
Now we may see commodity pairs lag behind after leading the rally during beginning of the month.
swing and quick gains are expected in EURO and GBP during US session.
next week has this month end and new month beginning days.Market is expected to show more quick volatile moves.Trade with …Continue
Added by Dr. Sivaraman on February 24, 2012 at 1:00pm — No Comments
After yesterday’s some drop EURO and GBP made the swing and rise moves during Japanese session.
They are expected to continue the rise during early part of European session.
A dip ( a false move before data release) before BOE rate announcement time (12:00 GMT) may be seen to make further gaining move after the announcement.Athen ECB is expected to announce the rate decision by 12;45 GMT – the market may slide from there till ECB press conference by 13:30 GMT- a brief drop…Continue
Added by Dr. Sivaraman on February 9, 2012 at 6:00am — No Comments
EURO and GBP made a quick rise after good NFP numbers.Since traders are all long the players dropped and given the impression good US data then USD gaining move.During US session they are expected to give risk appetite story and rise EURO and GBP for week end.
Added by Dr. Sivaraman on February 3, 2012 at 1:53pm — No Comments
EURO and GBP are expected to firm up towards close of Japanese session to make a very quick upward spike during early European session.
more - www.i-knowindices.com/blog
Tuesday is all about risk, as Greek Prime Minister George Papandreou called a referendum and a parliamentary confidence vote, risking pushing the country into default if rejected by voters. I swear, he does it on purpose! Really, what can be on a man's mind taking such decission in current situation? I´m really starting to suspect Greece wants dracma back.
Jokes a side, the greenback soars across the board on US Treasuries demand, and stocks are pointing for a selloff session in the…Continue
After gaining aggressively levels for 3 days - the extended move- EURO and GBP have commenced the slide- the intentional moev.They may continue the slide during US session.
Tomorrow after some 2 hrs of upward extended move they may continue the slde for week end.
Monday we may see week beginning false move on the downside.later the rise may commence in them from next week.
These are the types of market moves derived based on the forecast model- there may be deviations in…Continue
Added by Dr. Sivaraman on October 13, 2011 at 1:46pm — No Comments