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ASIC says no misconduct in pre-RBA move

The Australian fin industry watchdog ASIC has said that the preliminary results of their investigation revealed that the sharp moves in the FX market just shortly ahead of the RBA rate decision were caused by low liquidity and not someone having insider information and taking advantage of that. It says further “The reduction in liquidity […]


FX Charts technical outlook: EURGBP; EURJPY; GBPJPY; EURAUD

EURGBP: 0.7400 EURGBP: The cross moved sharply higher last week as Greece concerns faded, while at the same time the UK Election came firmly into focus. Technically, further upside looks possible. Right here, 0.7400 is 38.2% of 0.8038/ 0.7014, and the 100 DMA lies at 0.7445 so further headway will be tricky but the momentum indicators […]


DXY: US$ Index still looking heavy. More pain for the dollar? by FX Charts Daily

DXY: 95.21  The DXY again turned sharply lower last week, where after a brief squeeze up to 97.28 on Monday it then dived to a low of 94.39 on Thursday before closing Friday at 95.21.The momentum indicators, (as per the charts, below) still look negative and it would seem that for the time being the dollar […]


Indices/Commodities Outlook by FX Charts Daily

  INDICES/COMMODITIES S&P Futures 2101 The choppy sideways price action continues, and on Friday the S+P corrected Thursdays decline by rallying back to 2100, where it finished at session highs. There is no change in outlook, and with the charts being rather mixed, for the time being a neutral stance is required. On the topside […]


Barclays: Trade for the week ahead is short AUD/USD

An under-priced RBA rate cut and strong US labor market report should push AUDUSD lower this week. In addition, our technical strategists are bearish AUDUSD. Last Wednesday’s topping candle has capped recent corrective gains and was confirmed by subsequent selling into the end of last week. Seasonal studies highlight May as being the most negative […]


Forex Trading Opportunities for the Week Ahead 3 May 2015 by Sam Eder

I plan my trading for the week ahead each weekend. Here are the Forex trading opportunities I will be stalking this week. Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what I have noted here, though I will wait for […]


US$ lower ahead of a big data week and the ‘Sell in May’ brigade by Mary McNamara

Last week:  The week started with US$ weakness and this triggered some bullish movement on the usual suspects of the E/U, A/U, Cable and Kiwi but, interestingly, these moves did not come with new TC signals. I suspect that divergence on the FX indices at that point in time contributed to this. To that end, I […]


Stock Index and Commodity Weekly Market Type Analysis 03/05/2015 by Sam Eder

Each week I review the current market type and fundamental considerations on a variety of stock and commodity indices. Market type analysis is critical to trade planning.   MT = Market Type ( See lesson 8 in the Share Investing Course for Smart People) US Dow Jones – MT is sideways normal. Wait for now […]



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