Submitted Aug 9, 2013|From alpari.co.uk|1 comment

An interesting week for the markets, following last week’s forward guidance provision from Mark Carney and unexpected strength out of China. Subsequently, the underlying topics continue to be the Fed tapering talk, eurozone recovery, Chinese ...

Submitted Aug 3, 2013|From alpari.co.uk|3 comments

Coming off a non-farm payroll week, markets are typically expected to calm down somewhat. However, this week seeks to disband such expectations with a number of crucial events due throughout the coming five trading days. Continuing global themes are ...

Submitted Jul 26, 2013|From alpari.co.uk

A crucial week ahead for the markets, with US employment data and central bank monetary policy dominating affairs. In the UK, a quiet start to the week gives way to a strong finish with crucial PMI figures and the BoE asset purchase decision. In the ...

Submitted Jul 19, 2013|From alpari.co.uk

A largely quiet week ahead in terms of economic events after a week dominated by the central banks. In the UK, the big ticket item of the week comes on Thursday with the release of the preliminary GDP figure for Q2. Meanwhile, the US economy has few ...

Submitted Jul 8, 2013|From alpari.co.uk

The euro has suffered significant downside over the past three weeks against the dollar. However, with the existence of two powerful support levels, today is likely to spark a resurgence in bullish momentum for the pair. The weekly chart below ...

Submitted Jul 5, 2013|From alpari.co.uk

The global markets can look ahead to a somewhat quieter week off the back of significant market movement the week gone. After Mark Carney’s induction, he is afforded a breather this week with manufacturing production representing one of very few ...

Submitted Jul 1, 2013|From alpari.co.uk|2 comments

The euro has seen significant upside price action against the New Zealand dollar throughout May and June. However, signs are now pointing towards either a significant trend-line break to the downside or else an imminent move to the upside to ...

Submitted Jun 28, 2013|From alpari.co.uk

A busy week set ahead, against the news that Fed tapering will be wholly data dependent. Given this fact, the US non-farm payrolls figure due on Friday will bring about heightened speculation and thus volatility. In the UK, PMI figures throughout ...

Submitted Jun 14, 2013|From alpari.co.uk

A moderately busy week ahead in terms of economic events with the European and US economies taking the spotlight. Given the current volatility surrounding markets, economic events have somewhat taken a backseat to ongoing worries regarding QE and . ...

Submitted Jun 14, 2013|From alpari.co.uk|1 comment

EURUSD Eurodollar managed to break through a key level of resistance yesterday and appears to now be retesting as new-found support in a bid to move towards creation of a new 19 month high. The upside momentum in the pair saw a key ascending ...

Submitted Jun 13, 2013|From alpari.co.uk

EURUSD A notable rise in the eurodollar today brings about an renewed bullish outlook for the pair, with price action breaking above an ascending trend-line from February along with a key Fibonacci level. The recent rise in this pair has typically ...

Submitted Jun 12, 2013|From alpari.co.uk

EURUSD The upside momentum continued apace yesterday, bringing the eurodollar back up towards a key trend-line which has provided both support and resistance dating back to September 2012. However, there are signs that we may find a little further ...

Submitted Jun 11, 2013|From alpari.co.uk

EURUSD Some indecision being shows on the eurodollar currently after last week’s push to the upside. The pair have found resistance derived from a long term trend-line dating back to September 2012 which has turned from support into resistance. The ...

Submitted Jun 7, 2013|From alpari.co.uk

A relatively quiet week ahead in terms of economic releases, leaving the markets largely to their own devices for the most part. The UK economy looks set to focus attention upon two key unemployment releases in the form of the claimant count change ...

Submitted Jun 7, 2013|From alpari.co.uk

EURUSD Substantial gains in the value of the euro yesterday driven in part by Mario Draghi’s decision to hold rates steady along with the widespread sell-off in the dollar. This move above the 38.2 Fibonacci retracement and previous highs now goes ...

Submitted Jun 6, 2013|From alpari.co.uk

EURUSD The eurodollar continues to tread water around the 100 day moving average this morning off the back of two similar consecutive days. What is becoming increasingly clear is that given the volatility associated with today’s ECB rate decision, ...

Submitted Jun 5, 2013|From alpari.co.uk

EURUSD Eurodollar continues to trade higher today in what seems to be a period of somewhat indecisive price action for the pair after yesterday’s spinning top formation. The clear respect of the 100 day moving average provides us with a growing ...

Submitted Jun 4, 2013|From alpari.co.uk

EURUSD The strong performance of the euro yesterday brought an increasingly bullish picture to the fore for this pair today after the candle closed marginally higher than the descending trend-line dating back to early February. The dollar weakness ...

Submitted Jun 3, 2013|From alpari.co.uk

EURUSD A mixed picture for the eurodollar today, where substantial gains were partially undone on Friday, painting a more indecisive scene ahead of trading throughout Monday. However, today’s price action could quite clearly have a significant role ...