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USD/JPY Drops On Geopolitical Jitters 27 Aug 2013 | 02:54 pm

On Monday Dollar/Yen decreased with 60 pips. The currency couple depreciated from 98.85 to 98.25 yesterday, matching the negative money flow sentiment at under -15%, closing the day at 98.47. This mor...

European Equities Plunge For 2nd Day As Syria Turmoil Escalates 27 Aug 2013 | 02:10 pm

Europe's stock benchmark index, STOXX 600, slumped for the second day this morning, dragged by Antofagasata. Shares of the Chilean copper mining company slumped more than 3% after reporting first half...

Can Korea keep its ‘morning calm’ amid the selloff? 27 Aug 2013 | 02:07 pm

South Korea's stocks and bonds have evaded the worst of the regional market rout, but will it be able to keep its cool?

Technical Analysis for Major Currencies 27 Aug 2013 | 01:13 pm

The pair failed to stabilize above Linear Regression Indicator 34 and 55 yesterday which might trigger some bearish correction to test levels around 1.3315 and perhaps 1.3270 in attempt to gain a new ...

Technical Analysis for Crosses 27 Aug 2013 | 01:13 pm

The GBP/JPY pair trading was negative on Monday and broke the bullish channel's support. However, it found a strong support at 152.85 which the Moving Average 50 backs therefore, we need to stand asid...

Morning Forex Technical 27 Aug 2013 | 01:00 pm

Pair started the week in a clam fashion, but is giving clearer bearish directional signal and has dipped below the weekly PP. Although technical indicators give bullish outlooks we should pay attentio...

GBP/USD Slips On Negative FTSE After Holiday 27 Aug 2013 | 12:47 pm

On Monday Pound/Dollar traded within small 55 pip range. The Cable appreciated from 1.5556 to 1.5613 yesterday, in line with the positive money flow sentiment at almost +14%, closing the day at 1.5570...

Daily Technical Analysis 27 Aug 2013 | 12:26 pm

The EURUSD didn't make significant movement yesterday. There are no changes in my technical outlook. The bias remains neutral in nearest term probably with a little bearish bias. Immediate support is ...

Forex Technical Analysis 27 Aug 2013 | 11:28 am

The intraday outlook is neutral and we still need a break through 1.3333 to trigger a slide towards 1.3205 low. Initial resistance is projected at 1.3410, followed by the previous high at 1.3450.

Daily FX Report 27 Aug 2013 | 11:15 am

Yesterday, the U.S. Secretary of State emphasized that the use of chemical weapons against their own people by the Syrian government will be resulting in consequences. Median reports kept signs that t...

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