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Intraday Market Outlook for Day Traders 6 Sep 2010 | 10:25 pm
EUR/USD The pair is still consolidating its higher levels in the European morning, currently trading quietly back a little at 1.2890. We do not expect much trading activity today but see a selling ton...
Energy and agricultural goes their separate ways 6 Sep 2010 | 10:24 pm
A deteriorating outlook for world growth following US and Chinese data sent commodities back on the slide. Agflation is still a risk following the surge in the price of grains and soft commodities. T...
Weekly Commodity Update 6 Sep 2010 | 10:22 pm
The overall sentiment for this week led most commodities into positive territory. The rally in equities, and selloff in government bonds, helped breathe a sigh of relief for markets in general, which ...
USD/CAD. Ranging from 1.00 to 1.10 5 Sep 2010 | 05:20 pm
USD/CAD (1.0550) is up overnight and appears to have taken up residence in a broad 1.00 to 1.10 range. Technicals: Trend: Daily lower; weekly lower. Overbought/Oversold (stochastics): Daily overbou...
AUD/USD. Consolidating Wednesday’s rally 4 Sep 2010 | 05:21 pm
AUD/USD (0.9100) is down modestly overnight, consolidating Wednesday’s rally. Something of a wedge formation forming as spot has traded higher lows since May but lower highs since April. Technicals: ...
USD/JPY. Sitting on 84 4 Sep 2010 | 05:20 pm
USD/JPY (84.46) is down overnight and consolidating just above the low of August. Technicals: Trend: Daily higher; Weekly lower. Overbought/Oversold (stochastics): Daily oversold; Weekly oversold. ...
GBP/USD. Sitting below 1.55 4 Sep 2010 | 05:19 pm
Cable (1.5408) rose slightly overnight, with traders unwilling to make bets ahead of non-farms. Technicals: Trend: Daily lower; Weekly higher. Overbought/Oversold (stochastics): Daily oversold; Wee...
USD/CHF. Consolidating 4 Sep 2010 | 05:19 pm
USD/CHF (1.0147) is up slightly overnight on positive general market sentiment. Technicals: Trend: daily lower; weekly lower. Overbought/Oversold (stochastics): Daily oversold; Weekly oversold. Su...
EUR/USD. Uncertainty ahead of non-farms 4 Sep 2010 | 05:18 pm
EUR/USD (1.2838) is up slightly overnight and consolidating the sharp rally Wednesday. There is caution ahead of the non-farm payrolls report. Technicals: Trend: Daily higher; Weekly higher. Overbo...
Political and Economic Developments 4 Sep 2010 | 05:17 pm
The European Central Bank extended its ‘emergency support’ operation to banks, rates at 1.00% for another year, the 17th consecutive month as global unemployment is estimated to have increased by 30 m...
