GBP/USD: in anticipation of the announcements from the Bank of England and ECB

November 6th, 2014

Current trend On Wednesday the pair GBP/USD fell to the annual lows at the level of 1.5867.

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NZD/USD: the pair has downside potential

November 5th, 2014

Current trend This week trading in the pair NZD/USD has been mixed. On Monday the price had reached the lows since July 2013 at the level of 0.7698. Growth in the USD was triggered by the data on business activity index in the US manufacturing sector.

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AUD/USD: The pair will undergo correction

October 30th, 2014

Current trend This Wednesday, the Australian dollar had dropped in price versus its American counterpart: the price of the pair AUD/USD has reached the weekly lows at the level of 0.8755. The rise in the USD was caused by the market reaction to the two-day meeting of the US Open Market Committee.

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NZD/USD: pending the decisions of the US Fed and RBNZ

October 28th, 2014

Current trend The pair NZD/USD slowly continues to regain losses of the last week, which were provoked by the data on inflation in New Zealand. At the moment the pair is testing the level of 0.7900. If this level is broken down, the pair will go up to the level of 0.7945.

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Brent: overall analysis

August 6th, 2014

Current trend   Crude oil Brent continues to trade in the downtrend. Currently, on the daily chart the price is near support level of 1/8 Murray or 104.69. If this level maintains, the price may continue to decline.

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GBP/USD: Pound has lost investor’s interest

August 5th, 2014

Current trend Throughout almost the whole month of July the overbought Pound has been losing positions, as investors locked in profits on long positions, thinking that the Pound had reached the “ceiling”. It became known yesterday that PMI in the British construction sector has declined; it was another piece of negative news, although the decline was less than expected.

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USD/JPY: will there be a correction?

July 31st, 2014

Current trend   On Wednesday the pair USD/JPY has grown by over 100 points, reaching the four-month highs of 103.08. Sharp rise in price was caused by news that preliminary volume of the Japanese manufacturing industry dropped by 3.3% in June; while the US GDP increased by 0.4% against expectations of 3.0%.

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NZD/USD: dairy prices put pressure on NZD

July 29th, 2014

Current trend The price of the pair NZD/USD has been declining since last week. Today, the quotes have reached two-month lows at the level of 0.8507. New Zealand currency is under pressure from instability in the dairy market

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EUR/USD: UUS CPI can trigger the decline

July 22nd, 2014

Current trend Following significant decline at the middle of last week, the pair EUR/USD has been trading near support level of 1.3515. The decline was caused by weak data on ZEW business sentiment index in Germany and EUfor July. The pair fails to consolidate below this level because of lack of drivers

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USD/JPY: US real estate market stats have significantly weakened the pair

July 18th, 2014

Current trend   On Thursday the price of the currency pair USD/JPY has reached the weekly lows at the level of 101.08. The decline was provoked by the data on American real estate market, which was below expectations. The number of approvals to construct has increased by 0.963 million; the number of housing starts rose by 0.893 million.

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