Asian shares weaker after BoJ keeps policy steady, ECB eyed

Asian shares traded lower with the Bank of Japan keeping its policy steady as expected. The Nikkei 225 was down 0.2% and Australia's S&P/ASX 200 was down 0.3%.Hong Kong's Hang Seng was down 0.4% after leaping to its highest close since...

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Forex Signal for 3rd September 2014

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Forex Signal for 2nd September 2014

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GBPUSD takes a dive despite Construction PMI surprise

The Cable has taken a dive so far during Tuesday’s trading, declining by nearly 100 pips from the daily high (1.6614) to the daily low, 1.6517. This downfall in valuation occurred despite Tuesday morning’s impressive Construction PMI surpassing all expectations. The market...

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EURUSD is now testing a 12 months low.

EURUSDH4 Resistance1.31421.31561.3168 Support1.31151.31031.3089 Primary ScenarioEURUSD is now testing a 12 months low. A successful violation of the support at 1.3115, will push prices to drop further towards the supports 1.3103 and 1.3089. Alternative ScenarioA failed attempt...

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GBPUSD is following a downtrend course.

September 03 05:412014 Print This ArticleShare it With Friends 👤by FX Wizards TA EURUSDH4 Resistance1.31421.31521.3168 Support1.31151.30991.3089 Primary ScenarioThe pair has been trapped between the barriers at 1.3115 and 1.3142. Any decisive movement downwards,...

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