The Yen rose across the board on Thursday as investors reduced demand for riskier assets such as stocks after a series of weak US economic data added to anxiety over the country's growth picture. The low-yielding yen tends to attract
Blinkx said it saw a net loss of $3.3 million for the six months to end-March, while revenues hit $3.6 million margin. Nonetheless, the firm said its on the right route and is getting closer towards profitability.
RBZ has introduced a new half-a-billion dollar bank note in a bid to tackle cash shortages fed by rampant inflation, the central bank said on Thursday. "Introducing the new 500,000,000 bearer cheque for your convenience," read a Reserve Bank of
Dollar-Swiss has found good Support at 1.0502 on the 4-hour chart today. This is potentially bullish. At the same time, Resistances at 1.0575 and 1.0635 continue to hold. A breakout of the 1.0500-0630 range might set the trend for the
Traders, this market is really boring for the whole week now... so what to say about that... thanks for the weekend!!! You now, I just can't imagine my day without looking on EUR/USD charts, it's a really tricky ... .However,
The US Dollar descended sharply against the Japanese Yen, reaching 104.15, which is the first support for the currency couple today, than rose up to 108.85. Next support further down is expected at 103.45, followed by 102.60. In upward direction
In Elliott, there is something to be said for the 'right look'. Does the circled area look like a C (or 3rd) wave decline? We don't think so either. It seems more likely then that a complex correction (W-X-Y) is
AUD/USD: The base of 0,9270-00 was held and a correction to the upper part of the ranges of the last month is being formed. Resistance at 0,9500-50 is very important, as it is the higher level of the year regarding
Price on the AUD/NZD daily chart, as shown, has just bumped up against resistance within the context of a rather well-defined parallel uptrend channel. A true break of uptrend resistance in a channel is a sign of trend acceleration. If
EUR/USD Today's support: - 1.5435 and 1.5411(main), where correction is possible. Break would give 1.5386, where correction also may be. Then follows 1.5361. Break of the latter would result in 1.5334. If a strong impulse, we would see 1.5312. Continuation
While it's possible the 1.5394 low was a Wave i and 1.5544 was Wave ii there appears a growing risk that we shall be seeing a triple-three recovery in Wave (b).
Euro 1.5460 Initial support at 1.5453 (May 15 low) followed by 1.5367 (May 12 low). Initial resistance is now located at 1.5547 (May 15 high) followed by 1.5571 (May 12 high).
There was no penury of data on Thursday, great for the euro and bad for the dollar, but the US currency ended once again little changed. Today we'll be looking at housing starts and the University of Michigan, both expected
We maintain our stance that a multi-year top is in place at 1.0823 but the AUDCHF must remain below 1.0131 is the bearish count above is correct. A move through there would require us to reassess the situation. With that
The Euro cheapened yesterday against the US Dollar down to 1.5425, after climbing first 1.5545, which are the first support and resistance levels respectively for the currency couple today. If the downward trend continues, next support is expected at 1.5350,
USD/JPY pair has been facing stiff resistance at 105.20 levels since the past few sessions. All the major stochastics also show a fall hence a downmove upto 103.90 (21 daily EMA and 50% retracement 4-hrly charts) and further can be
