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GBP/USD Piercing Line Pattern Offers Hopes Of A Corrective Bounce

GBP/USD Piercing Line Pattern Offers Hopes Of A Corrective Bounce

12:49pm today (David de Ferranti, Currency Analyst)

The Pound has been offered a source of hope following the emergence of a Piercing Line pattern on the daily. »

NZD/USD Bulls Return After Hammer Signaled A Turning Point

NZD/USD Bulls Return After Hammer Signaled A Turning Point

12:49pm today (David de Ferranti, Currency Analyst)

The Kiwi has managed to extend its recent gains after a Hammer candlestick signaled the return of the bulls. »

USD/JPY Loses Steam With Dojis Indicating Indecision

USD/JPY Loses Steam With Dojis Indicating Indecision

12:49pm today (David de Ferranti, Currency Analyst)

The USD/JPY bulls have seemingly lost their grip on the pair after a Doji signaled hesitation from traders near 104.00. »

AUD/USD Probing 0.9370 Hurdle With Bearish Signals Lacking

AUD/USD Probing 0.9370 Hurdle With Bearish Signals Lacking

12:49pm today (David de Ferranti, Currency Analyst)

The Australian Dollar has managed to clear the 0.9330 barrier with a void of bearish candlesticks casting doubt on a correction. »

EUR/USD Bullish Engulfing Pattern May See Limited Follow-Through

EUR/USD Bullish Engulfing Pattern May See Limited Follow-Through

11:57am today (David de Ferranti, Currency Analyst)

EUR/USD has staged an about face after failing to crack the 1.3150 floor which has left a Bullish Engulfing formation in its wake. »

EURJPY orders 28 Aug

EURJPY orders 28 Aug

11 minutes ago (Mike Paterson)

So before I was rudely interrupted by a load of data it’s back to more important matters and if anyone’s popping out to the shops can you get me a cup of tea and 3 slices of toast please.. Thanks … Continue reading → »

Cable triggers stops above 1.6610 but offers return

Cable triggers stops above 1.6610 but offers return

17 minutes ago (Mike Paterson)

Which is why I have 1.6620 as my review level Still short here and no, I didn’t buy any in the dip toward 1.6580 earlier ( comment especially for Kelly!) but I hope some of you weren’t quite so busy … Continue reading → »

BOE says FLS Q2 net lending to businesses fell by GBP3.9 bln

BOE says FLS Q2 net lending to businesses fell by GBP3.9 bln

24 minutes ago (Mike Paterson)

cumulative FLS drawdown GBP 45.7 bln Funding for Lending Scheme latest data from the Old Lady One for Chris2 to enjoy. Loving the negative but ” less negative” slant in the notes below. The Bank has today published data on … Continue reading → »

North Rhine Westphalia CPI m/m +0.1% vs +0.2% exp

North Rhine Westphalia CPI m/m +0.1% vs +0.2% exp

33 minutes ago (Mike Paterson)

y/y +1.1% vs +1.0% prev Another mixed bag mm/yy EURUSD 1.3215 with USD neg tone prevailing »

France’s Hollande says euro too strong and inflation too low

France’s Hollande says euro too strong and inflation too low

46 minutes ago (Mike Paterson)

Shock. not. Throw that man a prize for repetiton Europe needs monetary and budgetary policies Europe threatened by “long stagnation” wants a Eurozone summit some EU members should be f... »

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